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Top 5 reason why you should consider Multi Level Marketing this 2012

Top 5 reason why you should consider Multi Level Marketing this 2012

What and why are the most common questions that you will always encounter when people hear the word “Multi Level Marketing” or “Networking”. 

But believe it or not, even if people say “I know that already” the underlying factor that binds all potential clients is they don’t really know much about it in the first place. Some may have an idea but bottom-line is this people don’t have the correct and valued information about the industry and how it can help them, that’s why they don’t see its potential or value.

So what do people know? Most of the time, people speak  out of the context from what other people told them and sadly most of this second or 3^rd hand information are already subjective rather than objective. Some even talk about the industry yet they haven’t tried it or succeed in it, so that’s not a reliable source of information. As I was advice by my mentor early in my career, pay your respects to other people’s opinions yet at the end of the day, if it will not help you get your goals or targets, disregard it. It does make sense; simply put it, if you wanted to be a successful business man, entrepreneur, dancer or what even tickles your fancy, you listen to those who succeeded in their career not to those who failed.

So why would you consider Network Marketing as an alternate career or source of income? There are technically 3 ways to earning money:

 1^st is you working for another someone else or what we a being an employee.  This is a good idea, if you want to retire at the age of 60, depend of Social security and start building your dreams from here coming from your retirement pay. Statically speaking this was and sadly still the trend for some people.  But there are some people who are able to make it from these demographics but sadly it’s too low and how? They invest their savings so bottom line they still don’t just focus on being an “employee”

Question is, if you can earn and starts early then retire younger would that sounds like a better plan?

2^nd Become a Professional like a Doctor or Engineer. Though, this requires a lot of time in studies, masteral’s and trainings not to mention that you’re paying huge sums of money as tuition or fees. Are you even aware that some Nurse undergoing OJT are required to pay a fee just to do their required OJT? That was not the case before. Of course, this is a good investment and plan as well some even calls this passion and that’s great but I have met a lot of people who struggle financially doing their passion.

3^rd Is to have your own business or become an Entrepreneur. This could have the highest potential return and key to that Freedom may it be financial and/or time. But remember, in traditional business or any business there are always risk involved as well as large amounts of money to start up your own.

So let’s look into an alternative that you can do while juggling your career that won’t eat a lot of your time and jeopardize what remains of your social life, if not we can improve it.

So you’re asking me “WHY NETWORK MARKETING again?” Let cite Top 5 reasons why you should consider the industry like myself and make a better 2012 compared to your yearly routine. By the way, these are proven and well known facts that we encounter every day.

1.       Recession or Unemployment – This is a proven crisis even in the US and is here to stay. Downsizing, redundancy issues and retrenchment to save resources and limit cost. Some are even moving into technology to increase productivity and unfortunately reduce labor cost.

Here in the Philippines, from my previous industry, these are common practices in the BPO industry. Yes, you may say there are a lot of other companies but were looking at stability of income and long term goals; nobody wants a short term day in day out life anyway.

When you consider a Networking career, yes, you will still start from scratch or basics moving up but the advantage is seen in the principle of Leverage and Exponential growth (I’ll discuss this on a separate article) and as the topic relates, there is no lay off in Networking. The more you work here, the more it gives back. How? A proven effective system and support structure that is not talent or metrics base like your old job.

2.       Network Marketing is the only wealth generating business that does not require you to give up your life savings but still generate large sums of money – Like as mentioned above, this boils down to a proven and effective system. To make it easier to understand, lets cite the example of franchising a successful establishment. Let’s say McDonalds, it’s very popular and guaranteed working because of the System that you need to follow.  In a day, (I forgot the projected earnings that I read before in an article) let’s say it earns 100k, that’s a huge amount but what most people don’t know is the 100k is not your net income since there are the overhead expenses and don’t forget the royalty fee’s your paying for the brand name. NOT TO MENTION! If you have 5 million and more to invest in MCdo in the 1^st place. For the average “Pinoy” or employee, that’s impossible.

But in Network Marketing your 8,900 pesos, will give you the same capability like those businesses to earn. It gives you the proven & effective systems to earn twice that amount even as much as 360,000 minus overhead expenses. How? Because you’re leveraging on the System not your talents or skills and at the same time leveraging on a mutual and beneficial partnership between you and your business partners. Not to mention, at this age of social media , you have the power of social online networking at the tips of your fingers.

3.       There will always be Inflation – why bother with circumstances that you can’t control rather let’s focus on what is within your reach of influence or action, your financial capability.

-          Reduce your expenses – learn necessity from luxury, even the rich will tell you “ it doesn’t mean you can buy it, you should”

-          Raise your Financial capability – Don’t just rely on your job, at the end of the day your just a number better than the last person. There is no stability in your boss

-          Make your money work for you – Be Smart, let money work for you rather than you working for money. Invest , you will be surprised when your revenue from network marketing has surpass your basic salary and becomes more stable.

4.       Power of compounding – This might as well be leverage in action. As John Rockefeller said “I would rather earn 1% off a 100 people’s efforts than 100% of my own efforts.”

       How? This is how large corporation grow, through the   collective production of employees.

And it’s the same concept with network marketing because you double your effort every       time you sponsor another business partner into your organization. Some will perform less or some will perform more, nevertheless you multiply yourself.

5.       The opportunity to work with “Problem Solvers” – Entrepreneurs are “problem solvers” by nature. They find the solution or supply to the demands of the trend. If you are to start in any business, it’s always wise to work with the “Problem Solvers” who are in the lead of the trend not in the middle or tail. Getting the chance to work with these people not only increases your success rate if not guarantee it but gives you the opportunity to learn, grow and become a “Problem Solver” as well. This is the difference of working with them or for them.

The list may go on but in a nutshell, these are the most common reasons “Why” and you might encounter a lot more. So why 2012 again? Because there is no perfect time in Network Marketing other than today. You will be surprised that a few years back, you had a chance of MLM but didn’t decide on it, now here it is again. Fact is MLM will grow with or with you and it will make a better life for somebody you know so better start with you.

 Cheers!

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