Network Marketing / MLM Home Based Business – Is It Wise To Do?
Every day we are inundated with more bad news about the current economic crisis and how thousands are losing their jobs. Many that thought they would have a pension for retirement are being left out in the cold as major corporations file for bankruptcy protection. There was a time when people felt that having a good job was the solution to a secure future. It would seem that everything we have grown up with knowing about financial planning is now in question.
With the high mortality rate among those in the business sector what chance is there for the average person to seriously expect success? Is it possible for someone to get involved in a home based business and succeed? Why would having an MLM be a wise direction when most people have so limited disposable income?
In this writers opinion having a Network Marketing / MLM Home Based Business is the wisest course of action anyone could take. Do you have control over your boss walking up to you and saying “Sorry, but I am giving you two weeks’ notice. Your services are no longer required.” Answer – None! The sad truth is that this is now happening at epidemic levels. If you have a job now look at it as a funding source to get a business started. You may never need the income from your business to survive on; but, not having this as a backup is like driving your car without a spare.
For those who have recently become unemployed you already know that there are no jobs waiting for you to go to. Unemployment lines are long and employers are looking at downsizing not increasing their numbers. Given the fact that even if your State still has financial reserves to pay you unemployment it will at some point stop. So pretending that everything is ok and that an imaginary job is the solution will result in your ultimate bankruptcy and eventual homelessness.
Question if you lost your job today could you continue to pay your bills for the next 12 months while you wait for the economy to correct it’s self. Oh your spouse still has a job and you feel that though things could get tight you could scrape by. Great! What if your spouse lost his or her job, got sick or injured and could not work,,,,,, what then? Tough times I would imagine.
I recommend you read the “Rich Dad, Poor Dad” series Robert Kyosaki has spoken extensively on this topic. There is a huge seductiveness to getting and holding on to a corporate position. It would seem at first blush that acquiring an executive position could leave you feeling like you have arrived. However, in any economic belt tightening corporate positions are often the first to go. To be “really secure” you need to leverage yourself or leverage your money.
If you worked for a company for 12 months at the conclusion of the 12 months how many people would be ultimately responsible for your income? That’s right, just you. Now if you chose to become self employed with an MLM company and you signed up 5 people in a 12 month period how many people would be responsible for your income? Correct again, 6! Now if we looked at your “job” again how many people would be responsible for your income at the end of the second year? Yep you are bang on, it’s the same number 1. What about your MLM business at the end of the second year if you and the people you signed up only brought in 5 people each and you brought in another 5? That would be 31 and if you extrapolate these numbers over 5 years your MLM you would have close to 4000 people helping you to create an income in your MLM. If we look at you remaining at your job you would still be reliant entirely on only you to create a pay check for you and your family but with .
Chuck Guyett is a top leader in MLM and coaches people just like you how to get their Network Marketing / MLM Home Based Business in front of enough people so that they rapidly reach critical mass. We invited Jim Chao to share with everyone how using Facebook He Generates 50 Leads or More A Day – click on the Face book link to watch the Webinar.
Great to see you again! If you enjoyed This Post, Make Sure You Subscribe to my Blog To Get My Posts delivered Straight TO Your Email In Box From Now On. Thanks for visiting!
Filed under: Network Marketing MLM Home
Like this post? Subscribe to my RSS feed and get loads more!

