There is no mistake why moguls like Donald Trump and Robert Kiyosaki are entering into the network marketing industry. Having your own MLM business could create massive residual wealth if you treat it like a real business and dedicate time and effort to the business. The main reason why many people say that Multi Level Marketing or Network Marketing doesn’t work, is probably because they didn’t give it enough of a chance for it to work or did not treat it like a real business. Most people don’t realize that the average startup business takes anywhere from 3 to 5 years to actually turn a profit. An industry average shows that a new person who joins a network marketing company only last for a period of 3 to 6 months.
If you actually treat it like a real and true business, you will begin to see why the industry is so unique and gives you the ability to develop a life-lasting stream of income. With the new online regulations that the FTC has just set regarding product endorsements and testimonials, there will be a massive shift in the way people market online. A lot of affiliate and Internet marketers will now have to find other ways to promote affiliate products. Since the inception of this new law, I can see a lot of these marketers shifting into a network marketing companies because it is way more lucrative and allows them to maintain a constant stream of income.
That is why I feel so strongly about combining Internet marketing strategies with network marketing. It allows me to avoid any changes that the FTC makes because I am actually an Independent business owner for the company which I am involved with and that gives me the ability to actually endorse them. By having a strong Internet Marketing background, allows me to leverage these two businesses at the same time, all while creating a massive funnel of consistent income. I would highly recommend that everyone should start to make this transition because the economy is in a state were the job stability continues to decline on a daily basis. If you are currently in a job, I would recommend that you start to build an additional stream of income by joining a network marketing company or leveraging the Internet to start an online business.