One Of The Biggest Mistakes a New Network Marketer Could Make
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One Of The Biggest Mistakes a New Network Marketer Could Make
In my last article I wrote about it taking about 10 months in the business on average to break even on auto-ship if you didn't actively build your business.
Now that's on average but I've seen that be as short as 4 months all the way up to about 16 months.
It all depends on what you do and what your upline and the people they place do in a given time period.
Now that's on average but I've seen that be as short as 4 months all the way up to about 16 months.
It all depends on what you do and what your upline and the people they place do in a given time period.
With all of this being said.. what could the big mistake be ?
It's very simple :)
If you don't stay in the business long enough to break even, how can you expect to cash in on all the residual income that's about to follow ??
And believe me.. it's only a matter of time before that moment is going to take place and when it does..
It's all up hill from there (just like the game monopoly when you pass "GO" and collect $200.. but bigger and progressively larger each month)
I don't know about you but I had no problem investing $120 per month in the beginning in order to get to that situation.
The return on investment is astronomical.
If you don't stay in the business long enough to break even, how can you expect to cash in on all the residual income that's about to follow ??
And believe me.. it's only a matter of time before that moment is going to take place and when it does..
It's all up hill from there (just like the game monopoly when you pass "GO" and collect $200.. but bigger and progressively larger each month)
I don't know about you but I had no problem investing $120 per month in the beginning in order to get to that situation.
The return on investment is astronomical.
Let's talk about investments..
Here's a little example of investments that aren't nearly as good as investing in your own network marketing business:
We have seen and heard of people trying to make money in the stock market whether it's buying and trading company stocks or anteing it up on the foreign exchange.
Unless you are an expert swing trader for a living, you probably wont make consistent money in that industry.
You actually have a better chance of losing money over time than anything at all.
We have seen and heard of people trying to make money in the stock market whether it's buying and trading company stocks or anteing it up on the foreign exchange.
Unless you are an expert swing trader for a living, you probably wont make consistent money in that industry.
You actually have a better chance of losing money over time than anything at all.
Any loss in the beginning is smaller than the eventual gain !
With a MLM business, as long as you stay in until the break even point you will continually make money and never lose any.
And again, the amount you make will gradually increase every month as long as you stay on your personal auto-ship minimum.
There are people that I personally know within my company that are currently making over $9,000 per month after only being in the business for 21 months.
Of course I also know of people making a lot less after 14 months but they are still making decent money at either rate.
Those that work harder usually receive a larger reward or head-start in their quest for a larger income than the ones that lay back and wait for their upline to build it for them.
But in the end like I stated.. even those people will get to a point after investing a relatively small amount of money in comparison to starting up a conventional business, where they too will begin to see profits coming in each and every month.. forever :)
And again, the amount you make will gradually increase every month as long as you stay on your personal auto-ship minimum.
There are people that I personally know within my company that are currently making over $9,000 per month after only being in the business for 21 months.
Of course I also know of people making a lot less after 14 months but they are still making decent money at either rate.
Those that work harder usually receive a larger reward or head-start in their quest for a larger income than the ones that lay back and wait for their upline to build it for them.
But in the end like I stated.. even those people will get to a point after investing a relatively small amount of money in comparison to starting up a conventional business, where they too will begin to see profits coming in each and every month.. forever :)
So whatever you do..
Whatever you do.. DON'T QUIT before the miracle happens ( I personally promise you that it will happen.. just hang in there for awhile and don't sweat it )
In a nutshell: Looking back in 4 years from the time you join you will say "this was the best affordable investment I could ever had made".
Guys this business is so good that you will eventually end up sharing it with family members, close friends and old co-workers. It will also be passed on to your children later down the road.
If you are anything like me then you hate to see the important people in your life struggle financially and laboriously. Once you begin the up hill climb to freedom be sure to get them involved if you haven't already.
Well.. here's to another great day in network marketing !
Bill Strauss - The Home Business Trainer
WWW.IHELPYOUSUCCEED.COM
billstrauss@ihelpyousucceed.com
Be sure to grab my FREE network marketing educational package that consists of 8 eBooks !
(you can gain access to the 1st installment by qualifying at the bottom of that page)
In a nutshell: Looking back in 4 years from the time you join you will say "this was the best affordable investment I could ever had made".
Guys this business is so good that you will eventually end up sharing it with family members, close friends and old co-workers. It will also be passed on to your children later down the road.
If you are anything like me then you hate to see the important people in your life struggle financially and laboriously. Once you begin the up hill climb to freedom be sure to get them involved if you haven't already.
Well.. here's to another great day in network marketing !
Bill Strauss - The Home Business Trainer
WWW.IHELPYOUSUCCEED.COM
billstrauss@ihelpyousucceed.com
Be sure to grab my FREE network marketing educational package that consists of 8 eBooks !
(you can gain access to the 1st installment by qualifying at the bottom of that page)
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by wstrauss73
Bill Strauss became an entrepreneur in 2005 through starting his pressure cleaning business.. in 2008 he became a network marketer.
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