As a professional network marketer, I am constantly bombarded with questions and comments from ignorant people who think I am trying to get them to “join a pyramid scheme” or trying to scam them out of every dollar they have.
Due to the simple fact that any average Joe could make a 7-figure multiple, passive income In a network marketing business, most people tend to think that we are promising them overnight riches without any work.
Which sounds absolutely ridiculous when you think about it.
There is NO business, network marketing or not, that pays you multiple 7 figures without you putting in the effort to start it. And once you’re up and running, keep breaking your hump to hit the income goals you’ve set for yourself.
However, due to the fact that I am actually involved in network marketing, many people think that my responses to their BS accusations are very biased and do not take my word for it.
And I’ve always wanted someone from a world-renowned source to endorse our cause and give us some supporting arguments as to why network marketing is so awesome.
And the business gods heard my prayers… because exactly one week ago, Robert Laura, a retirement analyst who writes for Forbes magazine, wrote an incredible article called…
“Would you join a multi-level marketing company for retirement income?”
The whole article is weather-oriented or not, a Network Marketing or MLM opportunity is a viable option for someone who is already retired or nearing retirement.
And since he is not directly involved in the MLM or NM industry, he had to do some real research before publishing an article for Forbes magazine.
From his research, he concluded that:
- According to information from the American Association of Retired Persons, more than half of the 76 million Baby Boomers are interested in starting a business. The main reason for this is that the average Baby Boomer has less than $50,000 in savings and needs to find a way to survive from age 62 to 100 on that money. Obviously, it is impossible to survive 38 years on less than $50k, so they NEED to find a way to generate additional income.
- Another growing reality is that “a growing number of Baby Boomers are disenchanted with their current careers.” They don’t feel the same connection to their chosen fields as they originally did and feel drained. They want to be a part of something bigger where they feel like they are contributing to the world and really have a real impact on the lives of others. All of which can be obtained by working with a Network Marketing or MLM company.
- The barrier to entry to starting a business in NM is extremely low, full training and support is available, and lots and lots of encouragement. More than the financial aspect, retirees find this attractive because they need to find a healthy and productive way to stay connected, active and busy. And finally…
- You don’t have to accept the hype and become a “top producer” to make a good living. If you talk to someone who has “sold out” to your NM company’s cause, they will feed you so much hype that you won’t know where the real information begins and the hype ends. But the reality is that you can earn a very healthy monthly residual income from NM or MLM just by working. You do NOT have to compete to be the number 1 producer to achieve this.
Laura’s article offers a very real perspective on a much misunderstood business model.
This is not to say that the network marketing industry is amazing across the board. Chances are you’re not going to change people’s lives by selling them pots and pans.
But there are some great companies that really add value to the market. And through those businesses, you can create a great income and a great lifestyle… IF you’re willing to treat it like a real business, not just a hobby.