Network marketing gets a lot of flack. Any network marketer who has shared about their business has heard one of the following questions – or both.
“Is this a scam?”
“Is that a pyramid scheme?”
A network marketing business is neither a scam or scheme. Watch the video in one of my posts on network marketing if you’d like more information on what pyramid schemes are and aren’t.
Just ask someone who has made a lot of money in network marketing! Ray Higdon went from foreclosure to number one income earner in his company. Todd Falcone has also made a lot of money in network marketing and when someone asks if what he is doing is network marketing he replies with, “Of course it is or I wouldn’t be doing it!!”
Donald Trump and Robert Kiyosaki both believe in network marketing. They came together to write a book on how people can become rich called Why We Want You To Be Rich and in it they endorse network marketing.
The Benefits of Network Marketing
Leverage – you can leverage your efforts and the efforts of others too. If you start out working 5 hours a week your five hours a week equals five hours of work. Just like any other job. But then you get four more people signed up on your team and they all put in five hours a week too. Now there are five of you working five hours a week, so your five hours a week is bringing in 25 hours of work per week. If each of you bring in another four people who work 5 hours a week then your 5 hours is bringing in 125 hours per week!
Residual Income – Once your business gets going you will eventually start to receive residual income. This means that ten years down the road you could still be getting paid for the work that you are doing this month. Unlike a typical job where you receive a paycheck this week for this week’s work and that’s end of that. Wouldn’t you love to still be receiving checks for the work you do today a decade from now??
So Many Choices! There are many brands and product/service lines that you can choose whatever you are passionate about. You don’t have to go with the first thing that comes your way, you can find something that truly excites you! Though you will definitely want to do your research and know what to look for in a network marketing company.
Another nice thing about all of the choices is that you can support the industry by purchasing the product or service of another network marketing company. Just because you love a product (and there are many to love!) doesn’t mean that you have to sell it.
I personally purchase from network marketing companies that I am not involved with simply because their products are second to none. My favorite skin care and beauty products are from a little-known network marketing company with the most amazing anti-aging line I have ever seen. They were also the very first to create an all-day lip color system – I was using their 8 hour lip colors long before they were available in stores!
I also purchase some very healthy whole-food supplements that I love and have been taking for years since I had cancer. The research of this company goes back decades and many well known doctors promote their products. I have also purchased scrapbooking supplies, candles, kitchen items, and other items from network marketing companies because the products are superior to what I can find in stores.
What do you think – is network marketing a scam or a great opportunity?
To Your Success,
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PPS: If you would like more information on any of the products that I mentioned, just ask! I’d love to share! Or if you’d like to know about which company I promote you can click here.
(Image by lumaxart)