I started my journey with network marketing almost 10 years ago with a direct sales company. Through this company I was introduced to in home parties. It wasn't until this year, with a new company, that I feel in love with the concept of network marketing and how much potential it offers.
If you're like most people, you probably earn your income in one of three ways.
1. You can be an employee. This is what most people do, either paid by the hour, by commission, or by a salary. Either way, with the exception of some paid holidays and vacations, you're only earn money when you do the work. It's an excepted fact that most employees, no matter how good they are, can only earn a maximum of 25% of their true value. The company needs the rest to operate the business.
2. You can own your own business. Ah, the ultimate dream. Truth is, for most people, it's more like a nightmare! According to the Small Business Administration, ninety percent of all small businesses fail in the first two years. Of those that do make it, 80% of them will fail within the next five. How many businesses do you know that are ten years old? or twenty? And as most small business owners will tell you, their business really owns them. Seventy to eighty hour work weeks are all too common for these busy entrepreneurs. Many of them actually own their own JOBS.
3. You can earn income from your investments. It's true that you can earn $5,000 a month or more from wise investments of your capital. The challenge is, you've got to have a small fortune to start with. About $500,000 to $750,000 will yield the kind of income you want from stocks and bonds, CDs or real estate. Most people don't have that kind of money.
There is another way of earning money. Inventors, singers, writers and actors have known this for years. it's called residual income. Basically, this allows you to earn from your initial efforts even though you are no longer directly involved on a day-to-day basis. It's like the royalties a singer receives on an album which continues to sell. This is the kind of income Network Marketing offers.
Here's how it works:
First step is to choose a company: one with products that you think are fantastic!
You use the products yourself and share them with your friends and family just as you would a good book or movie that you enjoyed. Its called consumer advocacy. With network marketing, however, each time you recommend a product you receive a retail commission.
Gradually, as you share the products with others, you'll find a number of people interested in the business opportunity - just like you. You then sponsor these people by working with them, training and helping them build Networks of their own. For each person you sponsor, you receive a commission or bonus on each sale that they, and in some cases, everyone in their networks, produce.
In twelve to forty eight months, you can build a business that actually earns $5,000 to $10,000 or more in monthly residual income. The best part is you don't have to show up every day to continue to earn those commissions. Beats punching a time clock doesn't it?
There are many reasons to love network marketing and I'm going to post some of my favorites in the upcoming blogs. If you're thinking about starting your own business, being a CEO of your own company or just want to be a stay at home mom and spend more time with your family, I highly recommend that a Network Marketing company be added as one of the high priority opportunities to look into.
Danielle
www.93461.myplexusopportunity.com
