Do Intelligent People Join MLM?
Written by Me MLM-er on May 11th, 2010There are lots of folk looking for business opportunities. With the global economy in its current state folk are trusting less in their roles and looking to independently secure their future. This has seen a rise in the amount of folks joining internet promotion and top tier business opportunities, not to mention the rise in affiliate marketing and other online ventures.
One of the primary Problems is that there are many cons around so you want to fastidiously research any opportunity that you choose to join. There’s still much scepticism surrounding multi-level marketing, probably thanks to the quantity of bad press it has received because of the well know illegal ‘Ponzi & Pyramid schemes’ that have frequented the market place for the last couple of years. There is without doubt many bonafide MLM corporations out there, you simply need to do the research carefully and make sure you find yourself a good sponsor.
So why do folk join up with mlm?
Well the MLM financial model offers some serious leverage when it comes to creating a business, and if you know what you are doing, then you can build a big downline that will continue to get you earnings with a very hands off approach, if you recruit the right folks. If you find a company with good products and a good compensation plan then you are well set up.
Let’s take a look at some facts swiftly. The typical person will work a full-time job building somebody else’s dream for an average of forty five years. The average wage per individual in the UK ( where I live ) at this time is around £23,800 and in the States is around $36,000. Naturally there are several folks who earn more than this but I’m just comparing averages here. Bear in mind that you’ll probably be working around 35-40 hours every week so as to receive this salary.
So let’s look quickly at the MLM business structure. By selling products and hiring folks into your team and leading them to success you can develop a residual income. The MLM company that I have partnered with, sells a product that offers incredible price to peoples’s lives, I won’t mention the company here as this isn’t a sales pitch. Except for every person I directly sponsor as a buyer I earn $45 every month. Let’s assume I went ‘hell for leather’ and in a year working myself to the ground I was only capable of making one hundred sales, that’s's already $4,500 a month which adds up to $54,000 each year, so already I have gone past the average wage.
This is only a transient snapshot and I have not even touched on the residual income that I earn from my downline. What other business structure can you think of that offers this sort of potential working from home?
I can not think of any
With the right MLM training the sky really is the limit. Be certain to try the selling blog of James Hicks and pick up your free training today to find out how to explode your business within 90 days.
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