That is a big question for many people; is network marketing right for them? There are many benefits to starting your own home based business and this business model sets the stage for financial success and personal satisfaction. Before you decide if you are ready for this endeavor, consider the 5 reasons below why this industry might be perfect for you.
You’re Building your Own Fortune; Not Somebody Else’s
One particular question you might want to ask yourself about your current job is who is earning a wage and who is getting wealthy? The answer is the owner of that business you work for is getting wealthy. You are simply earning a wage. When you are an ‘Employee’, you are working long hours to build another person’s asset. You are not only earning far less money as you would if you were the business owner, but you are also paying out in taxes as well.
Live an Abundant and Rich Life
A huge benefit of network marketing is the personal development that people get by being a part of the industry. To be a success, you have to help others achieve success as well. It is extremely rewarding to watch the growth and personal development of others. The fact that you can work only a few hours a day and make over 100K a year is a huge bonus.
The Cost of a Home Business is Minimal
Your expenses working from home are far less than what it costs to work on an outside job. You won’t have the expense of keeping up your appearance by having to buy expensive clothing. You won’t have daycare expenses or commuting expenses. You won’t have lunch expenses since you can eat at home. There are even tax advantages to working from home such as being able to deduct part of your mortgage, utility or maintenance expenses on your tax return. You can even deduct a portion of travel expenses if you combine your vacations with work. Also, getting into a business requires a very modest start-up cost in most cases.
Opportunity for Professional and Personal Growth
In the Network Marketing industry, you are in business for yourself; however, you are not by yourself. You receive both outstanding company training as well as a team training system. There are also powerful personal development opportunities that will allow you to grow as a leader and as a person. This can lead to an abundant life and incredible leadership skills.
Unlimited Lead Generation Potential
When you are working in the MLM business industry, you have unlimited lead generation potential. This means you have a constant flow of people to talk to and have buy your products or services or join you in business. What does this mean? It means you have unlimited income potential! Network marketing provides a plan to generate leads for your home business. There are so many options available to you such as customizing your website to attract visitors, search engine marketing, social media or other services that help get network marketing leads for you.