Join The Network Marketing Industry?

Posted by | Posted in General Advice | Posted on 05-12-2009

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Is It A Smart Decision To Join The Network Marketing Industry?

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. I wanted to take a minute and share some insights with you that I’ve gained over my failures and struggles with the Network Marketing business model.

Network Marketing can be a great profession to join, and it can be a huge source of pain and frustration, too. There are some misconceptions, however, that are important to understand if you do decide to join Network Marketing.

I have been actively involved in the Network Marketing profession since mid 2002, and I failed pretty horribly at it right up until 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.

If you just glance at the surface of that situation, you might think that I should have quit. (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.

So what is it about my life that allows me to justify continuing in the Network Marketing profession after so much catastrophic failure? Let me compare my current situation to USA average income statistics. I never graduated from college. 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 Network Marketing company and fail miserably for your first five years AND the statistics show that most people will experience a certain level of failure before they have any kind of significant MLM success story. 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?

Before you join MLM and dive head first into a nightmare of failure, you might want to take a look into what it’s actually going to take to prosper in the MLM industry. Visit David Wood’s MLM Traffic Secrets now and learn the four step process to unlimited leads, abundance, and free traffic. You’ll never buy another MLM lead again.