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What Other Option Do You Have For True Wealth Besides Network Marketing?
There are a lot of critics of the network marketing industry. Many people believe that the business is illegal or at the very least unethical. But the problem most people have with it is that they don't think they could make any money in it.
Rather than argue that they're wrong, or initially throw out all of the positives of network marketing, I'd first like to ask these people a very honest question. What other choices do you have for attaining true wealth in this world? Now, the common person might laugh at such a question, not because he or she is so down on network marketing and doesn't believe a significant income is possible, but more so because in their mind, there are a lot of ways to make money and gain financial independence. Without thinking too much about it, you might assume that too. There's a lot of different ways you can get rich, right? Well, as it turns out, not really. Let's take a quick stroll through your other options of acquiring wealth in this day and age. The most obvious one is to work a job and save. That's what most people TRY to do. Besides the fact that it's active income, which is very undesirable to many people, myself included, here's the main problem with that strategy. You need to first have a job where you make a significant annual income, I'd say at least 80, 000 per year. Now comes the hard part. You have to live way below your means on a monthly basis and save as much as possible, and even then, saving your way to wealth is very difficult. To make matters worse, because you're an employee and you're making active income, when you aren't working or when you stop working, the cash stops flowing inward, meaning you better work many years and save everything you can, even at a 6 figure income, because when you stop, you don't make any more money. You're just living on a set amount that you saved up over the years. Is this possible to do? Sure, but as you might expect, there are many flaws with this method, the most problematic of which is that most people just won't do it. Almost no one lives below their means these days, either because their income isn't high enough to be able to save after necessary expenditures, or they just plain have that poisoned American mentality of spend, spend spend on crap you don't need. So I think it's safe to say, this option is out. Working for someone else sucks anyway, but I digress. So where do you turn next? How about owning a traditional business? Well, if you're one of the few people that has the necessary start-up capital, marketing budget and business knowledge to get a traditional brick and mortar business off the ground, I say go for it. But it's very unlikely you're going to achieve financial freedom through this method either. Why do I say that? First of all, 90% of all business fail within five years, meaning not only do you not get rich, but you might go broke and into debt. Not exactly the result you were looking for right? But let's assume you're one of the 10% that does make it past five years and establishes a pretty solid retail business of some kind. You are still making that unattractive active income just as an employee does, because you have to work the business to make sure it operates the way it needs to in order to make a profit. Don't believe me? Just try hiring someone to run your traditional business for you and let me know how that works out. My guess is you'll be out of business or on your way there really fast unless you go in and personally rescue it. No one cares about the success of your business more than you, and consequently, no one, especially employee-minded people, can run it like you can. By Jeffrey Mirro - I am a self-employed Amway independent business owner. I help other entrepreneurs succeed with their own Amway home based business.Best Network Marketing Company
7 May 2009 at 3:18am
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