Unemployment is on the rise and jobs are on the decline. Although the government would try to convince us that the job market is getting better, they don’t take into account all those that have just given up on finding work and just drop off the proverbial grid. This makes the job numbers appear to be getting better. All the while 52% of college graduates aren’t getting jobs in the fields of study they paid for, which is making it EXTREMELY difficult to pay back their school loans. It’s estimated that the average college graduate has over $30k in student loans.
Let’s face it, over the past 7+ years U.S. companies have grown quite use to running on skeleton crews. As a matter of fact, they have gotten real good at it. The idea of going to school, getting good grades, going to college and then graduating, getting a great job and retiring in 40 years is a thing of the past. That idea was attributed to the Industrial Age, which ended at the turn of the century. We’ve now entered the Information Age and those who don’t move with the times are going to get left behind…way behind.
One of the most recent statistics I’ve seen on entrepreneurship is that 73% of Americans would like to own their own business. The idea of being the boss intrigues a lot of people. So why aren’t more people doing it? Well, they are! After the downturn in the economy in 2008 people began looking at alternative career paths. Instead of working for a boss, maybe I should become the boss!
Thesedays we carry devices in our pockets that hold more technology than space command did during the first Apollo Mission. We can communicate on a global scale for free and do it easily and effectively. This has allowed the ordinary everyday average Joe like you and me operate global online franchises from the comfort of our homes. How might you ask? Through Network Marketing!
The Network Marketing Industry has GREATLY evolved from the “Old West” days where there was NO regulation and pyramid schemes and scams were all over the place. It’s just not like that anymore, and if a company starts looking shady, they are shut down REAL QUICK. I’m not going to say there aren’t deceptive practices out there within the Network Marketing community, because there certainly are! But I can say that for EVERY single industry out there. As a network marketing professional who was HIGHLY skeptical at first, it is my opinion that Network Marketing is the most ethical and best way for the average person to take control of their finances and their lives.
Network Marketing is SO close to franchising its scary. Accept Network Marketing is different and better than franchising in 3 ways:
- It is FAR less expensive to start a Network Marketing Business. Average Franchise costs anywhere between $250k-$500k. To start your own Network Marketing Business, you’ll shell out less than the cost of a PS4.
Note-I hate when people say stuff like, “Why do I have to pay to start?” What job have you EVER had where it didn’t cost money to start? I paid $50k to become a nurse. Even when I was a kid I worked at McDonalds and had to buy non-skid shoes, 2 pair of slacks, 3 shirts and a belt. When I worked offshore, I had to buy uniforms, gloves, boots, etc. Even if you wanted to start a Lemonade stand, you’d spend money on the pitcher, the cups, the lemonade, the stand, etc. EVERYTHING COSTS MONEY TO START.
2.With a typical franchise, the only one that gets the benefit of leverage is the Franchise Corporate Office. (leverage is when you get paid on more than just your efforts). This means as a franchise owner, you only get paid by the customers that come through your doors, while Franchise Corporate gets to recruit independent distributors (franchise owners) and gets paid a percentage of all of their profits. In Network Marketing you get the opportunity and benefit, should you choose to use it, of recruiting other “franchise” owners. This is a benefit because it gives you what Franchise Corporate has and that is leverage.
Note-Just because you have a Network Marketing business, you do not have to recruit. Actually, you can just go out there and sell products and/or services and make a great living on a very part time basis. I know people that do this VERY well. But the best way to create leverage is illustrated in this famous quote by the American Businessman John D. Rockafeller “I would rather earn 1% of 100 people’s efforts than 100% of my own.”
3.Last but not least, with a Network Marketing enterprise, one is not limited to a particular location. They can run their business anywhere they have wi-fi or cellular signal. Whereas, a franchise owner is VERY limited by the fact that he/she has to report to a building every day in order for his franchise to operate. The franchise owner doesn’t have a job anymore, he owns his job and typically makes less than his employees. Which brings me to another reason Network Marketing is better than Franchising…employees. That’s for a different post. 😉
I hope this has helped! The Network Marketing industry has been REALLY good to us. My wife and I have built a global team of Network Marketing entrepreneurs and have enjoyed empowering countless people to own and operate their own businesses, putting them on the path to freedom.
I could literally right a book on Network Marketing (AKA MLM). As a matter of fact, I have! I’ve packed all the information I have learned in an easy to read format. This information is the exact system my wife and I used to build our Network Marketing business. If you’d like a copy of this eBook, just click right here!