Saturday, July 08, 2006

Network Marketing Anyone?


If you look around at traditional businesses the costs are staggering. Start up capital for a traditional business is never any less than $100k. That is no guarantee when it comes to the success of the business. Most businesses lose money for the first 2 years. Let that sink in for a moment. If someone came to you and said that they have a wonderful plan for you- it will cost you 100k and you won’t make a profit for at least 2 years, but there is no guarantee you will survive the first 2 years. Sound like a great deal? “Not when you put it that way, Joseph”. It may sound ridiculous, but people are saying yes every day, because they have a DREAM! The dream of being their own boss, becoming financially free and spending the rest of their life as they want to, not as they have to. I admire these people because they are at least trying to live their Dream. They are putting everything they have- blood, sweat and tears into their business, and working 12-14 hours a day to make a better life for themselves and their family.

Owning your own business is tough, it’s not easy. I spoke to a business owner the other day and he was frustrated with how it was going. He bought a donut shop 6 months ago and he and his wife have been working 16 hours a day-7 days a week. They have no time to enjoy their life. When you go into business for yourself, that is your job. You have to be there all the time, mentally and physically.

Network Marketing has built its popularity on the phrases “10-15 hours a week” and “earn a full time income working part time”. This industry is phenomenal; it is the most lucrative industry in the world that anyone, regardless of class or status can, succeed. It is amazing when you think about it; a business that you can start usually for less than $500.00 has the potential to make you a millionaire. As some of you have found out, it is an industry that will test you to the very core of your being. Over 90% will fail, which means quit. They won’t make it past 6 months. You have to realize that network marketing is a business like any other and it will take time to build. DO NOT believe the hype out there. There is no magic pill or super fantastic quick way to a million. Don’t believe the “I will do all the work for you, just sit down in your lazy-boy and collect the checks” hype. If you want to get rich without doing any work and expect that it will be handed to you- you are in the wrong business. That being said, if you stick it out and don’t quit, you will be rewarded. Make a decision to take action. That is the first step to success in any business.


To Your Success,


JD
http://consulting4yoursuccess.com

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