“Why network marketing?”
If you’re currently looking for a job/side-hustle, this may be a question you are asking yourself .
No one could have foreseen the circumstances of this year. The global economy is at an all-time low and people’s livelihoods are struggling.
However, one thing that is continuing to do well is network marketing.
“Why?” you may ask.
Well, that is because people still have to buy consumable products to survive — and that doesn’t just go away.
The opportunities have never been greater for success than it is now with all the resources available online.
This is THE perfect time to start building a network marketing business.
Continue reading for 23 reasons why network marketing is the biz to be in right now, especially in a crazy COVID-19 filled world.
1. Work From Anywhere
This is literally most people’s dream, to be able to do their work from wherever they are. Being able to work from home has been one of the greatest gifts this business has given me.
With wifi, a laptop and phone you are good to go from absolutely anywhere — tell me that doesn’t sound bloody good to you?
If you have to move or if you want to take an extended holiday, this is all possible with a network marketing business as it’s portable.
Thanks to Covid, many have been given a taste of what it’s like to work from home, now just imagine if you had the chance to do that permanently?
2. Your Own Schedule
How would it feel if you never had to ask anyone again if you can take time off for an appointment or if you’re sick?
You get to work on your own time with network marketing and set your own daily schedule. There are two sides to this: one is that you get to manage your own time; two is that you need to be disciplined enough to actually manage your time and get tasks done.
Like anything in life, you only get out what you are willing to put in, the same holds true for a traditional business, however, you would have a far greater investment at risk.
3. Low Cost Start Up Costs
This pandemic has affected countless people’s finances, many have had to close their businesses and starting a new business for many is just not feasible right now.
However, with a network marketing business, your initial investment is so small to get started.
With Forever, the starter pack is only £199.75 and this gives you a range of amazing products and the opportunity to grow a legitimate business.
On average, UK startups budget £5,000 to launch.
Further, the average UK startup spends £22,756 in their first year, according to a study commissioned by Geniac.
An MLM business like Forever involves a small initial investment and then a much faster return depending on how much time you’re able to put in.
4. No Employees
This is a biggie and a powerful reason alone for looking at network marketing seriously.
There are zero payroll, tax and workers compensation worries like you would usually have in a traditional business that are all cost associated with employees.
You don’t have to worry about managing anyone else and making sure they get the work done. The only person you have to focus on is yourself.
5. No Billing/Account Receivables
Running a network marketing business has never been easier, billing customers, or collecting money is a hassle of the past as everything is handled online these days.
6. Tax Benefits From A Home Based Business
This is a huge benefit. With a home based business, you are able to receive some of the same tax breaks that very wealthy people take advantage of.
When you’re an employee your tax benefits are very slim compared to when you have your own business.
I would definitely suggest consulting your tax person as they will be able to give you all the substantive details on this.
7. No Commuting
You can save so much time and money from not having to commute back and forth to your business or day job. Time is a precious commodity and many people feel like they just don’t have enough of it.
This time can be better spent with your family or where it matters most for you.
For me, that’s with my wonderful husband and beautiful children.
If there is one thing we have learnt from this year it’s that nothing is completely secure, especially in a worldwide pandemic — whether it’s a job or traditional business.
Every day employees are getting laid off and cutbacks are taking place. With the shrinking job market and technological advances, fewer and fewer people are needed to do the same job as there once was.
What seems more secure to you…having one income stream with a job where you could be outsourced or downsized in an instant, or additional income coming from a network marketing business?
Having your own network marketing business allows you to have the stability of your network — this cannot be taken away from you — and to top it all off your business and revenue generated is willable to your kids!
That’s why it’s also extremely important that you build a business with a reputable MLM company such as Forever as the company is so big that it’s unlikely for them to come crumbling down.
9. Royalty Income
This is one of the greatest income types you can have and with a network marketing business you can get it.
Residual income comes in even when you are not working, plus it can continue to grow month to month.
Just imagine how sweet it will be when you retire and you still have that residual income coming in every month for you.
10. Training Already In Place And Readily Available
Because Network Marketing is a system which has many independent distributors, the companies typically have training readily available. You’ll find that when you join you have an abundance of support and coaching that you can tap into — you are never alone.
This is very much my role, anyone who joins under my business is supported and receives mentoring from me.
11. Receive Help, Encouragement, And Support From Others In The Same Profession
This business is really about working together.
You will find that people are all about helping each other to succeed —because, in order for me to benefit, you also have to benefit.
At the end of the day, so many of us have the same dreams and aspirations and that is really what unites us. You will find that you develop a special kind of bond with people through network marketing and they’ll begin to become like family.
12. Personal Growth
The personal growth you receive through the journey of building your network marketing business is truly phenomenal.
These two things go hand in hand.
You must want to personally grow as much as you want your income to grow!
This kind of business shows you how to become an entrepreneur, leader and a role model — a person who helps and encourages people and does what they can to help others also get what they want out of life.
13. You Build Social Skills
Hence the word “network”, you build networks of people through networking which helps you build solid social skills.
By building social skills, your confidence improves and so does many other areas of your life. People will be drawn to working with you and others will look forward to working with you.
14. Allows You To Help Others On A Massive Scale
The ripple effect that your business can have on others can be larger than you could ever fully comprehend— this business changes lives!
If you don’t want to believe me, read from others’ experiences here.
If you feel called to help people, that is exactly what you’ll be able to do through a network marketing business like Forever.
15. Quickly Profitable
Traditional businesses can usually take 3-5 years before they generate a profit, whereas, in network marketing (depending on what you’re doing), you could see a return in days.
But, there is no magic pill for this, you have to still put work and effort in, in order to reap the rewards.
Some people have a misconception that things will just magically happen for them after they join and unfortunately nothing in life works that way.
16. Build Your Business Using The Internet
Gone are the days of having to go door to door for prospects or scouring the mall for potential people. The internet has opened the playing field up immensely for those building network marketing businesses.
I know just how powerful this can be as I had built my business using social media. If you want to take a deeper look into how I did this, check out my book here.
17. Ability To Work In A Stress Free Environment
For most, their working environment is FEAR based.
People put their entire livelihood on an employer that could easily replace them at the drop of a hat. Also, employers are paying less yet requiring more, and this is happening every day.
With network marketing you get to work from the comfort of your home, without any outside pressure — the fear and stress are far less.
You are creating your own dream, not someone else’s dream.
Yes, you may be plugged into a greater entity which also profits, but at the end of the day, you have a legitimate business.
18. Ability To Involve Your Kids
My business has taught me how to be a role model for my kids. It instils such critical values in me like empathy, respect, hard work, confidence, optimism, integrity and humility — all of which influence your kids in the most positive way.
With being able to work from home and for yourself, your time is more flexible which means you can drop them and fetch them from school, take them to after-school activities and watch their sports games.
You are also able to involve them in your business in small ways — with your kids around you, they see what you do, how you do it and through this, they learn how to be an entrepreneur from a young age.
19. A Balanced Life
One of the strongest motivators for me (and for many women I work with) to start a network marketing business is so that I can have more time for myself and my family.
Competing in the corporate jungle has often meant giving that freedom up.
By working for yourself you have the flexibility to structure your life exactly how you want it.
20. Equal opportunity
In network marketing, you begin on a level playing field.
Everyone has an equal opportunity to succeed, regardless of gender, race, social status and educational background.
In a world where women still get paid less, network marketing breaks through those barriers.
CNN Money listed 39 jobs where women actually make more than men —topping the list are women in sales, making 43 percent more than men.
21. Partners Of Your Choice
In network marketing, you can choose the people you want to work with. A new business partner, a new customer, the choice is completely yours.
There’s no more battling difficult bosses or finicky colleagues. I have made some of my best friends through growing my network marketing business.
Network marketing is so much more than just an opportunity to earn money, it’s also a chance to spend more time with family, to make a difference to the community, and to embrace your innate leadership abilities.
22. Ecommerce Is Booming In Lockdown
E-commerce has grown exponentially since COVID-19 and consumers have begun shopping online in greater numbers and frequency.
According to new data from IBM’s U.S. Retail Index, the pandemic has accelerated the shift away from physical stores to digital shopping by roughly five years.
This is hugely beneficial for those in network marketing.
People still have to shop and now they are more inclined than ever to do it online!
23. True Financial Freedom
One of the top reasons for owning your own business is that it leads to financial freedom.
True financial freedom is being able to earn lots of money without you needing to be there.
The problem with a job is that you are “selling time for money.”
This means that your income is dependent on you showing up for a job every day.
With a network marketing business, you can have hundreds of customers that are generating the income.
This can then allow you to go on holidays for a month at a time and you will still be making more money when you come back than when you left.
Ready to Begin Building Your Own Business?
There is honestly no better time than right now to start building a network marketing business. The investment and risk is so low that you can only gain from giving it a try.
If you feel called to look into this opportunity further I would be more than happy to jump on a call and share my experience with you. You can contact me here.
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