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Dec

17

Is It A Smart Decision To Join The Network Marketing Industry?

Filed in: Business by admin on 12-17-09

Are You Thinking Of Joining MLM?

Thinking back now over the last 7 years since I first joined the MLM industry, it’s funny to think that life could have ever been different.  What I wanted to do, is rather than just give a blatant promotion to join MLM, give you some insider information AND discuss the positives and negatives of being involved in the Network Marketing industry.

The truth of the matter is that MLM is a great industry to join, and it’s a great profession to be a part of if you treat it right.  There are some misconceptions, however, that are important to understand if you do decide to join Network Marketing.

I have been actively involved in the Network Marketing profession since mid 2002, and I failed pretty horribly at it right up until 2007.  I wasn’t just a failure in every aspect of my business, but I managed to lose most of my friends in the process of shamelessly promoting my businesses again and again to my loved ones.

If you just glance at the surface of that situation, you might think that I should have quit. (In fact, a lot of well intentioned people encouraged me to.) The fact is that looking back today it was a darned good thing that I didn’t.

So what is it about my life that allows me to justify continuing in the Network Marketing profession after so much catastrophic failure?  Let me compare my current situation to USA average income statistics.  I’m a college dropout.  In fact, I went to one year of college and then I decided I wanted to be an entrepreneur and I just quit.

The average household income for someone who’s a high school graduate without a college degree in the USA is $25,900 per year.  At the same time the average household income for someone with a professional degree is $109,600.  Well, I fall in the earlier category, and last month while I’m hesitant to disclose my exact earnings, I can tell you that I make significantly more than someone with a professional degree.

So looking at the numbers, does that mean that you should join MLM?  Well, let me tell you the TRUTH how I see it.  You might join a Network Marketing company and fail miserably for your first five years AND the statistics show that most people will experience a certain level of failure before they have any kind of significant MLM success story.  However, statistics show that for those who stick with one MLM company for 10 years or more, you have a dramatically higher chance of earning a six figure income than almost every profession in the USA.  So once again, are you going to treat your business like a professional?  Or are you just trying to get rich quick?

Before you join MLM and dive head first into a nightmare of failure, you might want to take a look into what it’s actually going to take to prosper in the MLM industry. Visit David Wood’s MLM Traffic Secrets now and learn the four step process to unlimited leads, abundance, and free traffic. You’ll never buy another MLM lead again.

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