advantages of the Network Marketing industry

     Part Time From Home

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Network Marketing advantages for those who consider this industry part time from home

Reason One: Keep Your Day Job

To start a network marketing business in direct sales you do not have to give up your full time job. You can begin to earn income from product sales while you learn the business in your spare time, working three or four hours per week. Maintain your consistency and this will build into a respectable check within reasonable time. Some do very well from the very start. Others it may take a while longer. Almost all will succeed if they persist with a good company, excellent product and acceptable compensation plan.

Reason Two: Earn Residual Income

Residual income comes from the repeat purchase of customers. Most are not aware that the majority of the money in network marketing is not made through recruiting a down line but through the repeat business of satisfied customers. In great companies with a great product, this reorder rate can be 90% or better with 70 to 80% of the income coming from customers versus distributors. That creates longevity and a very stable residual income which comes in month after month after month.

One would do well to find a company that pays a respectable residual income very early versus paying out small fractions of a percent which are delayed for months or longer. Some companies do not pay residual income until the second year or until certain positions are reached. Others’ begin paying in the first few months.

Reason Three: Pay Off Nagging Debt:

Credit cards, car loans, mortgages and medical bills all can be paid off in 7 years or less using the income from your part-time business and credit reducing strategies such as those in John Commuta’s or similar programs.

Reason Four: Build A College Fund

Send your children to any college you choose. Instead of creating debt to educate your children, plan ahead. Use the part-time income to pay for tuition, books, boarding and other college related expenses. You could even buy or help subsidize their transportation and communications needs such as cell phones.

Reason Five: Invest In Your Retirement.

Many companies today are doing away with retirement or the retirees before they reach retirement. Don’t get stuck in the cold. Secure your own future by using the income to build a huge retirement income. We are living longer today, so the extra funds will be a plus.

Reason Six: Mark Off the Items on Your Dreams List

Buy your dream car, house, boat or recreation vehicle. No matter how old we get, we all want a few toys. Whatever those are, they become more than a dream. A few hundred, to a few thousand dollars a month extra income can make possible what seemed impossible and out of reach. We have now built enough residual income from our part time business to purchase both our dream cars, our dream house and continue to save for retirement. We both continue to work our regular jobs even though our part-time income exceeds the combined income of both jobs.

Reason Seven: Take Exotic Vacations

Visiting relatives is fine and a lot can be said about keeping in touch. However there are times when the scenery of grandma’s house or Uncle Lou’s trailer just doesn’t cut the mustard when want a bit more visual and mental stimulation. With extra income, you can take vacations to exotic places in the world, Amsterdam, Bali, Brazil, Margarita Island, Dominican Republic, and Hawaii. You can even bring grandma, grandpa and Uncle Lou along sometimes when you choose.

Reason Seven: Create Financial Freedom.

Is your desire for financial freedom more important than doing some of the things above? Maybe you’re already achieving most of them and you just want to have a financially Free Life. Set your goals, create your financial success plan, choose your advisors, and then sock all your earnings away into good investments. You’ll reach your goal with determination and time. As your business grows, you’ll be able to put even more cash into those investments.

Reason Eight: Give More

Enjoy the blessings of benevolence by being a cheerful giver. Bless the providers of your spiritual nourishment and supply by giving liberally and cheerfully. Help charities and children. Give to community and civic organizations that further benefit and bless mankind and society.

Reason Nine: Use the Power of Leverage

Most people who do not understand network marketing are content to be Lone Ranger without Tonto. They put all their income earning potential into themselves alone. They run the risk of disability, death, job-loss (from all sorts of reasons) because their egos are too large to synergize their income earning potential by using leverage. Through network marketing, the efforts of many people, working together as a team, creates synergy, power and income earning energy that far exceeds the potential of one person. That’s why a home mom, a kid out of college, or even one who doesn’t go to college can earn more than some corporate executives at Fortune 500 companies. Leveraging the time and effort of other people who are mostly average and a few who are more talented can boost your income far beyond your individual earning capability.

Reason 10: Launch a New Career

Are you burned out on your day job? Tired of the commute, the boss, the employees, or the dead-end career? Launch a new career or support your existing business with the extra income you earn from a part time networking business. Cash flow and lack of capital are two of the most crippling financial maladies new and small businesses face. It's also critical for those wanting to change careers. They remain stuck because they cannot afford to leave. Eliminate and or reduce the cash flow risks with a solid part time income from network marketing.

 



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Last Modified: 01 September, 2007  Copyright © 2006 by Broadband Times