Network Marketing 4 Year Plan VS Traditional Business 40 Year Plan
I recently came across some interesting statistics while reading Mark Yarnell’s book, My First Year In Network Marketing. Although I would consider myself an experienced network marketer, I’m reading it because it has some great information and reinforces the basic fundamentals of why this is a great business model.
Let’s take a look at how the majority of us are living our lives. For 30-40 years, most of us go back and forth everyday to job we hate, barely making enough to pay our bills. Overtime, we give up on our dreams and become complacent to what we have achieved in our life. We stop chasing our dreams, we stop learning, and we give up entirely on any kind of personal growth and development.
The below was taking directly from the book, My First Year In Network Marketing, by Mark Yarnell:
“By age twenty five, most people have an idea of what profession they’ll enter, anything from a fishing guide to a surgeon. But forty years later, out of a typical 100 people, 5 are still working, 36 are dead, 54 are dead broke (or at least earning far less than when they were employed), 4 are well off, and 1 person is wealthy. Thus, the forty-year plan means that for four decades most of us go back and forth, like a silly, sick, caged lion … and yet at the end of that time only 1 out of 100 has something to show for it!”
And Things Are Getting Worse
The video above is very sad. People’s lives have been crushed. Although the video is mostly about investing into a 401k, it also talks about the downturn of the economy and how getting laid off or losing a job can turn your financial situation into disaster. This reinforces the fact that working for someone else is the biggest financial risk someone can take. We all have the opportunity to be our own bosses and to take back control of our lives and finances.
Instead Of Working Hard For 40 Years, Work Hard For 4 Years…
With network marketing, it is possible to work hard for one company for 4 years and build an income based on the honest movement or products or services, and be set for life. While 4 years may be very ambitious, it is possible to do. I don’t want to give false hope or imply that it is something that is easy to do. As with any business or industry, there will be some learning involved that requires time and effort, but it well worth it. While author Mark Yarnell claims it is possible to achieve in 4 years, it may require up to 10 years of hard to work to earn enough residual income to consider yourself independently wealthy, 10 years is still much better than working hard for 40 years for someone else, and ending up with nothing.
“Stop building someone else’s dream and start building your own”
More To Think About
Most network marketing businesses have very little to no risk. Most “brick and mortar” businesses require significant capital before you can even hang up a sign. This is not the case when joining a network marketing business. This is a significant fact because it enable anyone to be able to join and in the competitive world of home businesses and franchises, we have no equals other than other network marketing businesses.
Another great aspect of being part of a network marketing business is that there is literally no ceilings or limits on the amount of income that can be earned. Most workers are paid by the hour or a fixed salary and there are only so many hours in a day, which limits how much they are able to make. Even high paid professions have limits to how much can be made, a lawyer can only bill so many hours in a day and a doctor can only perform a handful of surgeries in a day. Some great people working in traditional business haven’t had a raise in ten years. But, in our case, we can create a raise for our family everyday if we choose. Since we can sponsor an unlimited number of people who can each do the same, we are ultimately paid on the efforts of hundreds of thousands individuals. The fact that it is possible to earn 10K a week, or 100K a month is very exciting. I’ve personally met people that are making that kind of money and even more, so I know it is possible.
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"Network marketing has proven itself to be a viable and rewarding source of income, and the challenges could be just right for you. There have been some remarkable examples of success, and those successes have been earned through diligence, enthusiasm and the right product combined with timing."
“Home-based businesses are one of the fastest-growing segments in our economy, and that trend will only continue, as the age of the corporation, which began barely a century ago, now gives way to the age of the entrepreneur.”
of course id rather mlm but mlm is hard work and this is why people rather do easy work for 40 years and be broke