Today our economy leaves little to be desired. Corporations, the real estate market and mom and pop business are collapsing at an alarming rate. MLM businesses thrive in poor economic times. People are joining the MLM industry in significant numbers.
Working day to day with overloading hours just to keep jobs and earn enough money to simply cover their bills is draining physically and emotionally.
MLM companies are being supported by some of the largest business figures today. We have the Donald, who has launched his personal MLM industry and continued to expand upon it. Warren Buffett, an investment guru, owns multiple MLM companies. Investing in multiple MLM companies? Hmmm... Mr. Buffett must know what he is doing as he continues to be successful financially.
MLM businesses have the lowest start-up costs with the lowest overhead of ANY business with the bonus of increased tax advantages. An average business owner may invest anywhere from $50 to $500 to initiate their businesses and possibly $40 to $400 per month to run it. As with any traditional business income may not be seen instantly, however those consistently working their businesses earn a passive income over and above their expenses within 6 months to two years.
As it's been published over and over.... Last year 91% of foreclosures could have been prevented with $500 in additional income per month and 95% of all businesses close because of a lack of cash. Today, small business owners and individuals are taking notice and realizing and investment in the MLM industry is a smart investment for the future.
People today have a misconception based upon hype and desperation to survive that the MLM industry is meant to provide you the "instant" riches. The window of opportunity I present is a reasonable 5-year window. Some responses I have received are "I don't have 5 years!" or "Company ABC said I will make $3k the first week." Think about years it takes to do most things, such as complete college or how long do you have to be at a company before you become vested or earn your desired income level.
Let's see 4 or more years for college and at minimum 3 to 5 years with a major corporation before you "move up the ladder" to a nice chunk of change.
Articles have been published discussing the value of residual income and what it means. Examples were presented and here are two:
Imagine you were earning $200 per month residual income from your MLM venture...... The equivalent interest earnings would mean you would have to have $48,000 in the bank earning 5% interest! Where will you find 5% interest and who has $48K to spare sitting in a bank and how long would it take you to save $48K?
Next: Let's say you're established in your MLM making $2,500 per month which equates to $30,000 per year in MLM income. Even at 3% interest rates (which are near non-existent) you would need $1 million in the bank to earn that same monthly income.
The MLM industry allows one to earn a generous passive income without becoming a indebted to the corporate world by having to build capital prior to generating passive incomes.
Working day to day with overloading hours just to keep jobs and earn enough money to simply cover their bills is draining physically and emotionally.
MLM companies are being supported by some of the largest business figures today. We have the Donald, who has launched his personal MLM industry and continued to expand upon it. Warren Buffett, an investment guru, owns multiple MLM companies. Investing in multiple MLM companies? Hmmm... Mr. Buffett must know what he is doing as he continues to be successful financially.
MLM businesses have the lowest start-up costs with the lowest overhead of ANY business with the bonus of increased tax advantages. An average business owner may invest anywhere from $50 to $500 to initiate their businesses and possibly $40 to $400 per month to run it. As with any traditional business income may not be seen instantly, however those consistently working their businesses earn a passive income over and above their expenses within 6 months to two years.
As it's been published over and over.... Last year 91% of foreclosures could have been prevented with $500 in additional income per month and 95% of all businesses close because of a lack of cash. Today, small business owners and individuals are taking notice and realizing and investment in the MLM industry is a smart investment for the future.
People today have a misconception based upon hype and desperation to survive that the MLM industry is meant to provide you the "instant" riches. The window of opportunity I present is a reasonable 5-year window. Some responses I have received are "I don't have 5 years!" or "Company ABC said I will make $3k the first week." Think about years it takes to do most things, such as complete college or how long do you have to be at a company before you become vested or earn your desired income level.
Let's see 4 or more years for college and at minimum 3 to 5 years with a major corporation before you "move up the ladder" to a nice chunk of change.
Articles have been published discussing the value of residual income and what it means. Examples were presented and here are two:
Imagine you were earning $200 per month residual income from your MLM venture...... The equivalent interest earnings would mean you would have to have $48,000 in the bank earning 5% interest! Where will you find 5% interest and who has $48K to spare sitting in a bank and how long would it take you to save $48K?
Next: Let's say you're established in your MLM making $2,500 per month which equates to $30,000 per year in MLM income. Even at 3% interest rates (which are near non-existent) you would need $1 million in the bank to earn that same monthly income.
The MLM industry allows one to earn a generous passive income without becoming a indebted to the corporate world by having to build capital prior to generating passive incomes.
What needs to be further considered on top of the passive income is the advantages encountered tax-wise. As you know working a 9-5 or these days 12 hour days, your take home pay is worth about half of your actual time and efforts. Having an MLM you can claim square footage in your home for office use taking a deduction from taxes, deduct vehicle miles, cost of materials, internet fees, cell phone fees and on and on.... Your take home check soon becomes larger.....
Having considered just a bit of what I covered, I would say it makes sense in today's failing economy to take a course of action to secure the financial future of your family by utilizing an MLM. Remember, just as with schooling or traditional businesses be patient and allow your passive income to grow naturally for sustainability. While you're finding your way to financial stability you will be helping others climb out of economic disgraces.
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