Warren Buffett, Robert Kiyosaki, Donald Trump and Bill Gates all endorse network marketing. I am not earning a six-figure income, but I am earning a living in network marketing – working at home! Thousands of people around the world are working in network marketing and making a decent living.
Sometimes it confuses me. I speak with people everyday who want to supplement their income, so I introduce my business to them. My business is not for everyone. No business is, but more often than not, I think the prospects are hesitant, maybe even afraid of the network marketing industry.
- Perhaps they have come across too many biz op ads making absurd claims. And since they seem “too good to be true,” maybe all of the biz ops are. Those of us in the industry that are honest and have integrity never tell prospects that network marketing is “easy.” It definitely is not. Like any other business owner, it takes work. Many people begin by working their business part-time and build up to full time, along with the full-time income. If they owned a traditional business, must work very long hours, they have to open the business in the morning and close them at night. They have to hire employees, etc. A network marketing business does require work, but it is far easier to reach “profit” mode with a home business.
- There are still those who think ALL network marketing businesses are a “pyramid scheme,” which is far from the truth. The FTC closely monitors network marketing companies and puts those who are conducting illegal businesses out of business.
- They don’t believe they should have to pay money for a j-o-b. Many people simply do not understand the concept of a home business; if they “join” a network marketing company, they are business owners, not employees. In addition, they apparently do not realize what it would cost to open a traditional business. Most network marketing businesses cost $500 or less –often much less - to get started. The cost to purchase a traditional business is generally in the thousands. For those who buy a franchise (Kentucky Fried Chicken, etc.) they would pay hundreds of thousands of dollars to get started.
It is a shame that many people are afraid or hesitate to get involved with network marketing. Everyone does NOT succeed in the industry; however, the potential to earn a decent living, even become financially free is great.
As network marketers ourselves, I believe it is our responsibility to teach people about the industry, the great benefits and potential, as well as the myths. The more successful network marketers join our industry, the sooner the “stigma” of the field will disappear. Does anyone really believe that Warren Buffett, Robert Kiyosaki, Donald Trump and Bill Gates would endorse network marketing if it was a scam?