Thinking back now over the last 7 years since I first joined the MLM industry, it’s funny to think that life could have ever been different. What I wanted to do, is rather than just give a blatant promotion to join MLM , give you some insider information AND discuss the positives and negatives of being involved in the Network Marketing industry.
Network Marketing can be a great profession to join, and it can be a huge source of pain and frustration, too. I want you to understand both the positives and negatives should you decide to join the MLM business and attack it head on with all of your effort.
First, let me just share with you that I joined the MLM industry part time in 2002, and I had an absolutely miserable experience attempting to be successful at it all the way from 2002-2007. I wasn’t just a failure in every aspect of my business, but I managed to lose most of my friends in the process of shamelessly promoting my businesses again and again to my loved ones.
Taking a look at the surface of my initial experience, most people would think that I would have been better off if I had thrown in the towel and quit for good (In fact, a lot of well intentioned people encouraged me to.) However, looking at my life style now and what I’ve been able to accomplish proves that it was the right decision to stay in the MLM industry.
Why can I justify joining MLM after 5 years of failure? Well, let’s take a look at a brief comparison. I’m a college dropout. After one year of tuition at UVSC in Orem, Utah, I decided much against the advice of my parents to attack the world as an entrepreneur.
The average household income for someone who’s a high school graduate without a college degree in the USA is $25,900 per year. At the same time the average household income for someone with a professional degree is $109,600. While I certainly am not willing to make any income claims, I’ll say that I currently make way more than anyone I know who works in the professional arena.
So looking at the numbers, does that mean that you should join MLM ? Well, let me tell you the TRUTH how I see it. You might join a MLM company and fail pretty horribly for a few years before you start to see any kind of meaningful results. However, statistics show that for those who stick with one MLM company for 10 years or more, you have a dramatically higher chance of earning a six figure income than almost every profession in the USA. So once again, are you going to treat your business like a professional? Or are you just trying to get rich quick?