Wednesday
18Jun2008
10 Reasons Why Network Marketing is the Perfect Home Business
Wednesday, June 18, 2008 at 10:13AM Network Marketing has been around for many years, and it’s always had its detractors and its champions. For reasons outlined in a “previous article”, network marketing has had a bad name in the past. However, that bad name has usually been caused by some of the people in network marketing, not the industry itself. Actually, it’s the perfect home business, for the following reasons.
- Low startup costs. It usually costs less than $1000 to start your own business. Compare that to $75,000 - $223,000 to open up a Subway.
- Low monthly overhead. Overhead usually runs under $500/month, including sales materials and monthly product purchases. I used to own I small shipping and packaging store, where my overhead, including 2 employees, was about $10,000/month. And that’s for about the smallest conventional business you can own.
- No employees. You don’t need to be babysitting grownups, let alone worry about taxes, health insurance, etc.
- No experience or schooling required. This is a business anyone can do. This doesn’t mean that it’s a business that everyone should do. If you’re not serious about putting in some time and effort, this is not the business for you. It’s not a get-rich-quick deal.
- You can work from home. Or from the lake. Or Hawaii. No office necessary, in fact it’s discouraged.
- You can pick who you work with. Wouldn’t it be great to work with your friends or family? (for some people, anyway!) In this industry, you can! Cool.
- You can build it in your spare time. If you can put in 10 hours a week, you can create a good income within 6 months to a year. If you have more time, you can do it faster. Get started while you’re still working at your current job, then do it full time once your income from your MLM is sufficient.
- Unlimited income potential. In no other industry is there the ability to make unlimited income with such a minimal initial investment and monthly outlay. There are networkers making in excess of $100,000 and more! Anything is possible.
- Residual Income. One of the two best reasons. I’ve been doing this business for 10 years, and went through a period of about 7 years where I didn’t do anything. When I started up again, I still had people in my downline creating volume, and was able to immediately start earning checks again. That convinced me of the residual income part of this business.
- Leveraged Income. The other best reason, and I think my favorite. Once you build up your organization, it continues to work for you 24 hours a day, 7 days a week, 365 days a year. Even when you don’t. The most important way to achieve financial success is to not have to rely totally on your own efforts for your income. No matter how much you make an hour, there are only 24 hours in the day and your income is limited. In Network Marketing, you make a commission from everyone in your downline, so you are truly not limited to your own hours. This is crucial to becoming financially independent.
There you have it - 10 reasons to join a Network Marketing company today. Don’t hesitate, if not today, then when?

Reader Comments