Would you believe there is a possibility of improving your finances through multilevel marketing? This is an industry that has been around for decades, many people have tried and failed yet it still thrives. There are reasons for those who succeed and for those who have failed miserably. In this economic environment, we must all look for a way to turn our dismal financial and economic situation around and get back on track.
Over 54% of Americans are underemployed, millions out of work and many have no hope. They’ve stopped thinking about the “American Dream.” It’s hard to dream if you feel you have no hope. But allow me to suggest that there is always hope and if you are tired enough of the struggle you can find ways of improving your finances and possibly bringing that American Dream back to reality in your life.
Most of Americans know about network marketing or multilevel marketing, also known as MLM. Mention the company name Amway or Mary Kay to just about anyone and they immediately have a vague understanding or misconception of the industry.
Many belong to what is called the “NFL Club,” or “No Friends Left Club.” That’s because over the many years they’ve joined and quit so many MLM opportunities, all the while bringing in their family, friends and co-workers, promising quick wealth and hardly any work because certain unscrupulous people have convinced and cajoled them into believing the hype of an ‘easy buck.’
Well, nothing is easy, there are ‘no free rides’ and as it has been said many, many times before, “If it was that easy, everyone would be rich.” Truer words have never been spoken.
Give It Another Chance – with Certain Conditions
Do your homework and due diligence. Talk to the people you know who are in the industry and have actually found success. Look around at dozens of different opportunities and decide which one is most appealing.
Is it in a product or service?
What excites you from the very beginning and holds your attention?
Is there product or service something you would be proud to show others?
Talk to their company’s leaders to make sure they have an excellent training model and get a commitment that they will not only sponsor you but from the beginning be there or assign someone in their organization to work with you personally for a few weeks until you are up to speed about the company, their products and the best way to market what they offer and how they find prospects.
Make sure they agree to do 3-way conference calls with you with prospects, if necessary, so you can get enough new associates in your first 60 days to pay for your initial cash outlay and your monthly autoship of products, if you have one set up.
Listen to the Experts
Donald Trump, Warren Buffett, Sly and Jennifer Stallone and Dr. John Gray are a few notables involved and working in the MLM industry. Of course, Donald Trump or Warren Buffet are not actively recruiting new associates, but they have put their names on certain companies and Warren Buffet reportedly owns a few MLM companies.
Donald Trump even stated that MLM is the only business that could possibly get the average person through this economic crisis.
To get started, there is little up-front expense. There may be from $50 to around $100 monthly fees for ordering product each month, but the company must move its products or be out of legal compliance. It is usually enough products for one or two people to us up without piling up in a closet or your garage.
Instead of sitting around and waiting for the economy to turn around (good luck with that), you seriously have no time to waste. Unless you’re getting used to unemployment and can’t imagine having to work again or you’re underemployed and happy allowing someone else to use your brain-power and abilities to enrich themselves while you just get more frustrated by the day, then it’s time to take action.
Added Cash for Life’s Necessities
Do you have teenagers nearing college age with no idea how you’re going to provide the money for their education?
Have you just told them college is going to have to wait so “Go out and get a job to help out the family?”
Neither scenario is a happy one or something you would ever have expected a few years ago.
Unfortunately, those days have come and gone. The excesses of the 90’s and most Americans ability to give their children anything they want no matter the cost is no longer the norm in the average family. Three cars, a boat, several vacations per year are now out of the picture for most people.
Even among those who were considered moderately wealthy have stopped buying that vacation home, don’t shop quite as much at all the upscale boutiques they frequented before the financial debacle.
Would you believe in Beverly Hills, CA there is a Pawn Shop for the rich and famous? Of course, it’s hidden and they sneak in a back door to pawn their valuables so no one will know they are also experiencing financial woes.
Yes, there are truly those who are “Down and out in Beverly Hills.”
“Too Much Month Left at the End of the Money?”
That saying has been around forever, yet right at this moment it seems too real and not funny at all. Many families are juggling their bills, “robbing Peter to pay Paul” and those among us going hungry have risen to a frightening level.
There are families who have lost their homes because they were underwater — living in a house worth 50% of what they paid for it so they were either evicted through foreclosure or decided to simply walk away. Cheap motels have become permanent homes for too many families. This is not the America we envisioned.
The pride in our country is at an all-time low. What many don’t realize is that our country is not at fault, it’s those who run it or at least that’s what we sent politicians to do. Politicians in Washington, DC live in a “bubble,” not seeing or understanding the plight of the average American and don’t seem to care as long as they keep getting the perks from the lobbyists.
So the answer is simple yet not easy. Find a good home business that peaks your interest, don’t fall prey to empty promises of instant wealth, do your homework and prepare to go to work. So you have to set aside what was formerly some television time each night (if you’re working) to devote to building your business. You also have the weekends. Starting out part-time by working only a few hours a week is the safest way to get started.
Even if it takes you six months to create a $500-$1,000 per month income or even a bit longer, how could an extra $500 per month or more impact your life.
Of course, if you are willing to go the extra mile and find a good mentor in your company, you could build your home business and have an income that exceeds that amount. There can never be any guarantees. Your home business is yours and yours alone. The amount you earn will be in direct proportion to the effort you put into creating the life you desire.
Not only could a home business bring you more income and a better lifestyle, it can create home business tax deductions and many other perks. Naturally, you should consult your tax professional for all the pertinent details of what and how to deduct certain expenses.
You are the starting point to a better life if that’s what you decide. Just make sure it’s something you enjoy, have fun doing and feel honored presenting your multilevel marketing opportunity to others.