Why Are So Many Goal-Oriented People Interested In Network Marketing?
The Network Marketing Industry Grabs The Attention Of Many People
There are a very large number of Network Marketing Companies that start up every year, and there is an even larger amount of individuals who join every year! If you are like many individuals, you may be wondering 'Why Network Marketing'? There are a whole list of reasons that this industry attracts the interest of a whole list of people. The focus of this article will be on 5 main reasons. Some reasons may be more enticing to certain people than others. It completely depends on the individual and what they wantmost.
Why Is Network Marking Such A Cool Industry?
Agreed by many, Network Marketing is an awesome business to get involved. There have been countless success stories of people with only $100 in their bank account, they joined and now they are making huge amounts of income - 5 and even 6-figures a month. This is rare, but it can happen. It takes motivation and determination, not money.
Again, there are many reasons, but this article will focus on the 5 most widely accepted reasons that people join Network Marketing
Low Start Up Costs. Like any business, there are expenses.If you wanted to start a grocery store or buy a franchise - you would need to purchase land in a highly trafficked area ($1M). Assemble the building ($3M). Stocking the shelves ($1M).Cost of employees per month (a lot). (These numbers are only guesses, but I am sure I am in the ballpark). To start a business in the Network Marketing industry, you must enroll on 'autoship' with a primary company. Monthly costs depends greatly on the company and product - but as an average, be prepared to pay around $150/month to keep in business. So figure about $1,800 per year. This is extremely low for a business that you can earn heaps of money in! This is why Network Marketing.
Work From Home. More and more individuals are learning that you can work from home and make money - a lot. People research it and come to the realization that you can do just that in this industry. You have the ability to work from the comfort of your own home with your computer and and a connection to the Internet. This is everyone's dream! Never having to drive to work. Never having to attend mandatory meetings and saving money on fuel expenses as a result. This is why Network Marketing.
Excellent Pay Plans.Although they get a bad reputation, the pyramided pay structure is an awesome way for a beginner to get started. Through this type of business, you make money by selling a service or product, or sponsoring a new rep in to this industry. Not only do you profit off of your own work, but the reps above you sponsors a new rep and places that person beneath you, then you will be paid a small amount from that every month. Not as much as if you were to have sponsored them, but every little bit adds up. Now if that new rep sponsors people below them, you will still be compensated off of everything that they do - without even doing anything. This type of pay plan is extremely unique. This is why Network Marketing.
Residual Income For Life. Yes, for life! You are no longer trading time for money, here. You are being paid for everything that you do and everything that you have done. So if you sponsor reps and they do the same thing and so on - you will be paid on them and everything that they go to do as well...forever (unless the company collapses)! due to the fact that if you sponsor a person and they go out and sponsor a ton of reps who go to sponsor even more people - the company is paying you, because if you hadn't sponsored that first person, the rest of the connections would not have been made (hopefully that wasn't too confusing). This is another reason why Network Marketing.
Speed Of Success. There have been many success stories of people hopping in to this industry and in only a year they have made over $1M - and it only grows larger from there. There have been stories that people have made around one-hundred thousand a month in their first month. Yes, this is possible. But unlikely. The key to make a lot in the very beginning is to have a list of people who already what you have. A list of people who want to start their own business, who are looking to profit, and who have a list of their own. So, it becomes a domino effect - very quickly! Most individuals do not have lists quite this large so success doesn't take place quite that fast. Some can build lists from scratch in a relatively short period of time - that is the key for quick success. This is very tangible with the right help from a coach! Yet another reason why Network Marketing.
The Opportunity In Network Marketing Is Incredibly Large
Yep - huge! You are now involved in a business that revolves around sponsoring more people in to your downline. And there are about 673,000 people searching for the phrase 'make money online' per month according to Google at the release of this article. Do you understand the opportunity, here? There are massive amounts of people out there who are trying to figure out a way to make money from the leisure of their own home - they are scouring the Internet for someone to teach them. Are you that someone? Absolutely! That, my friends, is why Network Marketing is growing and will continue to grow. The opportunity is right now - and will continue to for quite a while!
There are a very large number of Network Marketing Companies that start up every year, and there is an even larger amount of individuals who join every year! If you are like many individuals, you may be wondering 'Why Network Marketing'? There are a whole list of reasons that this industry attracts the interest of a whole list of people. The focus of this article will be on 5 main reasons. Some reasons may be more enticing to certain people than others. It completely depends on the individual and what they wantmost.
Why Is Network Marking Such A Cool Industry?
Agreed by many, Network Marketing is an awesome business to get involved. There have been countless success stories of people with only $100 in their bank account, they joined and now they are making huge amounts of income - 5 and even 6-figures a month. This is rare, but it can happen. It takes motivation and determination, not money.
Again, there are many reasons, but this article will focus on the 5 most widely accepted reasons that people join Network Marketing
Low Start Up Costs. Like any business, there are expenses.If you wanted to start a grocery store or buy a franchise - you would need to purchase land in a highly trafficked area ($1M). Assemble the building ($3M). Stocking the shelves ($1M).Cost of employees per month (a lot). (These numbers are only guesses, but I am sure I am in the ballpark). To start a business in the Network Marketing industry, you must enroll on 'autoship' with a primary company. Monthly costs depends greatly on the company and product - but as an average, be prepared to pay around $150/month to keep in business. So figure about $1,800 per year. This is extremely low for a business that you can earn heaps of money in! This is why Network Marketing.
Work From Home. More and more individuals are learning that you can work from home and make money - a lot. People research it and come to the realization that you can do just that in this industry. You have the ability to work from the comfort of your own home with your computer and and a connection to the Internet. This is everyone's dream! Never having to drive to work. Never having to attend mandatory meetings and saving money on fuel expenses as a result. This is why Network Marketing.
Excellent Pay Plans.Although they get a bad reputation, the pyramided pay structure is an awesome way for a beginner to get started. Through this type of business, you make money by selling a service or product, or sponsoring a new rep in to this industry. Not only do you profit off of your own work, but the reps above you sponsors a new rep and places that person beneath you, then you will be paid a small amount from that every month. Not as much as if you were to have sponsored them, but every little bit adds up. Now if that new rep sponsors people below them, you will still be compensated off of everything that they do - without even doing anything. This type of pay plan is extremely unique. This is why Network Marketing.
Residual Income For Life. Yes, for life! You are no longer trading time for money, here. You are being paid for everything that you do and everything that you have done. So if you sponsor reps and they do the same thing and so on - you will be paid on them and everything that they go to do as well...forever (unless the company collapses)! due to the fact that if you sponsor a person and they go out and sponsor a ton of reps who go to sponsor even more people - the company is paying you, because if you hadn't sponsored that first person, the rest of the connections would not have been made (hopefully that wasn't too confusing). This is another reason why Network Marketing.
Speed Of Success. There have been many success stories of people hopping in to this industry and in only a year they have made over $1M - and it only grows larger from there. There have been stories that people have made around one-hundred thousand a month in their first month. Yes, this is possible. But unlikely. The key to make a lot in the very beginning is to have a list of people who already what you have. A list of people who want to start their own business, who are looking to profit, and who have a list of their own. So, it becomes a domino effect - very quickly! Most individuals do not have lists quite this large so success doesn't take place quite that fast. Some can build lists from scratch in a relatively short period of time - that is the key for quick success. This is very tangible with the right help from a coach! Yet another reason why Network Marketing.
The Opportunity In Network Marketing Is Incredibly Large
Yep - huge! You are now involved in a business that revolves around sponsoring more people in to your downline. And there are about 673,000 people searching for the phrase 'make money online' per month according to Google at the release of this article. Do you understand the opportunity, here? There are massive amounts of people out there who are trying to figure out a way to make money from the leisure of their own home - they are scouring the Internet for someone to teach them. Are you that someone? Absolutely! That, my friends, is why Network Marketing is growing and will continue to grow. The opportunity is right now - and will continue to for quite a while!
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