MLMs: An Answer to These Economic Times
By Bess McCarty, Coach for Business and Life
In these times, many people wonder if they will be laid off, or how they will manage
inflation or retirement. Some want a Plan B, and some have found one with network
marketing. They may start a business as a backup while working, or upon retiring.
Although there challenges to multi-level-marketing businesses, I’ve collected a list of
advantages for those considering one.
Answer to recession:
It can provide job security backup in these uncertain times.
You can grow this business while you keep your current one.
No pressure to succeed within a certain time. Work at your pace.
Can replace your current career with one you love.
Some say there’s more job security working for yourself than working for someone else.
Answer to inflation:
Extra income to fight the cost of living growing faster than people’s cost of living raises.
Low startup cost and overhead. Low risk and investment.
Training provided. Almost anyone can do it.
Can work from home, saves the environment, cost of work clothes, driving time.
Allows parents to be home with their children, without childcare costs.
Gives you freedom of time. You set your hours.
Goes past the “work per hour or service” limited income model.
Eventually, you can make more money in less time.
Income and fulfillment are unlimited. There is no ceiling.
Answer for retirement:
95% of retirees lack adequate funds.
Seniors who need jobs are having a harder time finding them.
Answer for aging parents who need more money.
Provides a monthly income when you don’t have capital to invest:
How long will it take you to save $50K to get $200 interest a month income from it? vs.
How long will it take you to build a $200 a month income from an MLM business?
Security for illness:
Keep getting paid by residual passive income.
Perfect for some disabled people with a phone and computer.
Freedom from negative work environments.
This is your business. You create it the way you want.
Operates by word of mouth, the best and cheapest form of advertising
You grow by becoming a manager/coach, and helping others succeed, vs. making a profit from their low-income labor.
It’s built on support vs. competition.
You have support as you change from employee thinking to business-owner thinking.
You are not alone. You have a team to rely on.
Endorsed by Robert Kiyosaki and Donald Trump.
Some have built empires. (Like Mary Kay)
You can involve the whole family, and teach good work values, habits and vision.
You can leave the business to your family in your will.
Along with these advantages, network marketers have their own unique challenges. Many see this as an avenue for personal growth and embrace the learning while enjoying the freedom. That’s why I like coaching them.
Bess McCarty is a Coach for Business & Life for 20 years. She is a published author and acclaimed speaker. She was an award-winning network marketer and a single mom. Her specialty now is helping network marketers find out why they get stuck and break through to their next level. Get a free month of coaching at www.MLMMillionaireClub.com. You can reach her at (512) 986-5288.
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