6 Reasons to Consider MLM for Your Home Based Business

In This Global Marketplace

This time in history is offering some very unique and potentially profitable opportunities for people to become successful entrepreneurs and business owners.

Traditional businesses offer little security anymore. No one can depend on having the same job, or even career for 40 years, and then count on a nice retirement and pension.

Best selling author Robert Kiyosaki explains why he recommends network marketing/MLM:

“The reason I recommend network marketing is because network marketing is the business of the future. Back in the late 1990's, it was often difficult to talk to people about network marketing when the economy was so strong. It was hard to talk to people about network marketing when their mutual funds were going up by 20% per year. But those days are over. If you ever wanted to get ahead of the curve, now is the time to open your mind and look at this business of the future.Now is the time to talk to people when they too are looking for new answers and new ways to find true long term financial security. A network marketing business is one of the asset classes. It is a business. If you work hard and build the business, that business will give you the excess cash to acquire the real estate and stocks that will give you true long term financial security, security you can pass on to your loved ones. You can't do that with your job, no matter how secure it is.”

Get Ready to Make History

Reason #1 : Most MLM companies have low start up costs- anywhere from a few dollars to several hundred, depending on the product or service you are selling.

You may be required to use your product monthly, but even so, these costs are nothing compared to what you would pay if you were starting up a traditional business.

Reason #2: MLM frees you from most of the headaches associated with traditional business, like advertising and marketing, employees, taxes, payroll, bookkeeping, accounting, shipping, billing, and receiving…

Reason #3: It is one of the few careers that offers a potential for fast advancement and rapid increase in income, based on how much effort and work you put into your business.

It is truly an “equal opportunity” employer. Success is not dependent on how much education or experience you have, but more on your persistence and your willingness to learn.

I Have a Friend...

He held a series of low-paying jobs, and eventually went to trade school. With his newly learned trade, he hoped he’d finally be able to have a decent standard of living.

He did eventually find a job, but he soon learned that his time was no longer his own. He felt like a slave, especially when a close family member was dying and he got into trouble for leaving work to go visit him!

He then decided that to go after the freedom he wanted, by opening up his own business business.He learned quickly that it’s very expensive to do this, and had no way to finance his own business. Financially things went from bad to worse for Gabriel, and he eventually lost everything.

Then he was introduced to an MLM company that his friend had recently joined. Gabriel didn’t even have the money for the low start up cost!

He had a credit card, a vision and a desire to succeed.

And he hasn’t looked back.

And Succeed He Did...

That's what this kind of business can give to someone who is tired of excuses and refuses to give up.

It's called heart, and vision - and if you have them, then nothing can stop you.

Let's get back to our other three reasons...

Reason #4: Diversified income streams. In Traditional jobs, employees are paid for their time.

Whether they receive a salary or an hourly wage, employees agree to work and get paid for a specific period of time. You are paid on your own efforts, not the efforts of others - unless you're a high level manager.

Network Marketing allows you to get paid through sales of products and services, and by recruiting others into the organization.

If you happen to be selling a service or product that people will use repeatedly, then you will get paid each time. And you get the benefit of building a good customer base.

Once you start building your business, you will enjoy both leveraged income and residual income. Simply put, this is earning money from the efforts of others, and doing so over and over.

Say you have a large team of distributors under you (your downline), that you have trained and coached, and now they are selling and duplicating the process. You can realistically take a vacation for a month, and return to find some healthy checks in your mailbox.

Reason #5: New Image - New Face: At one time this field was ridiculed as something you did if you were either gullible or couldn’t find a real job.

It didn’t help either, that this industry has attracted it’s share of schemers and scammers.

Add to this, images of pep rallies and home parties, door-knocking, selling to every family member, friend and acquaintance until people ran when they saw the poor hapless Network Marketing salesperson coming their way...

So what’s changed? Everything!

• Regulation by agencies such as the Federal Trade Commission, the Direct Selling Association (DSA), and the Multi-Level-Marketing International Association(MLMIA) just to name a few.

These agencies deal with things like legal status, professional and ethical standards, and consumer protection.

That’s not to say that there aren’t anymore crooks out there trying to make a fast buck at your expense.

Read our article on Schemers and Scammers to learn what to look out for. Overall though, the industry is earning respect in the traditional business world.

• Traditional companies have recognized that network marketing provides a powerful distribution channel. We’re seeing more and more businesses adopt some or all aspects of this business model.

• Network marketing companies often offer products that are higher in quality than those you would find on the shelf of your local store.

They invest a lot of money in research and development of superior quality products. Sometimes these products represent recognized breakthroughs in science and medicine.

Often, these MLM companies come up with a product or service that is innovative and fills a need that isn’t yet out there.The following true story sheds light on this this point.

In 1969 Mr. Harland Stonecipher was in a car accident. He was hit head – on by another car. This left him seriously hurt.

Even though the accident wasn’t his fault, he was stuck with huge legal expenses. He didn’t have the time, money or knowledge to know how to really get good legal assistance.

He wanted to find a legal protection plan, like they have in Europe, that would protect him and his family in the future.

But, he discovered there was no such thing in the U.S. Eventually, he founded the Network Marketing Company, Pre-Paid Legal Services.

For an affordable low monthly fee, average people have access to top notch lawyers and legal advice. Leading MLM companies are spending a lot of money on research and development, investing in state of the art labs and manufacturing facilities.

• MLM is being taught at leading universities and colleges across the nation.

An increasing number of schools are recognizing the powerful impact MLM companies are having on the economy, so they're adding seminars and programs on this subject.

• Pep rallies are a thing of the past - at least with most companies. At one time, you could go to one of these rallies and find flag waving, screaming, excited distributors acting like they were at the NBA playoffs rather than a supposed business event!

Top distributors were often treated as celebrities, marched up to a stage to receive awards and sign autographs...

From Snake Oil to a Well Oiled Machine...

You’ll likely find educational talks, presentations by researchers and doctors, and useful trainings on the products and how to build your business.

Reason #6: Income and growth potential. When a Network Marketing company experiences growth, thousands of distributors share in the success.

When a traditional company experiences similar growth, the people at the top are usually the only ones that really share in the wealth.

If you're looking for a REAL pyramid, look to Corporate America - that's where you'll find it!

In the good MLM companies, there is virtually no cap on income potential - you are only limited by how hard you work, how persistent and motivated you are - and how bad you want it.

MLM is one of the rare fields that actually pays you for the amount of effort you put into your business. Millionaires are made every year through Network Marketing.

So now, if all of this sounds pretty good, and you are actually considering a career in Network Marketing, read our next article which will talk about the good and bad sides of MLM: Multi Level Marketing - The Pros and Cons

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