What is it that has you investigating a work from home business or searching for a way to find success in what you are already doing? More money? More time with family? Unfulfilled in your career or tired of the politics of promotion? There are many great reasons to accept the challenge of starting your own business and working from home and there has never been a better time to step up to the opportunity.
This article is about the advantages of a home-based network marketing business presented in an objective and hype-free format.
The median household income in the US is just under $50K, so for most of us, a work from home network marketing business can generate a respectable income in a relatively short amount of time.
Most companies have a compensation plan that gives you unlimited growth potential and provide all the tools and training to make you a success.
Everyone in your organization is motivated and incentivised to help you succeed.
It can also propel you to unimaginable wealth.
The network marketing industry boasts some of the wealthiest people in the world.
Even Donald Trump has thrown his hat into the MLM ring.
Most work from home network marketing businesses cost very little to start.
A major fast food franchise can cost $500,000 to $1,500.
000 to launch.
Even the simplest of storefront businesses costs tens of thousands of dollars to roll out and require even more to fund as it struggles to become profitable.
In most cases you can get set up and organized to work from home in network marketing for a few hundred dollars.
Then you can earn while you learn as you build your business.
Unlike a traditional brick and mortar storefront, you can often run a network marketing business without inventory and you can sell product before you buy it.
In the workplace there is competition.
In most cases, and especially if you have lofty goals for yourself, you are a threat to your boss.
After all, if you are good at what you do it's in his best interest to keep you there so he looks good.
If there is a promotion, there are always politics involved in who gets the raise.
In the world of network marketing everyone in your organization is doing all they can to help each other because "a rising tide floats all boats".
In network marketing, if you are serious, your coach, mentor or upline will bust his hump to make you successful and your business won't care if you are black or white, male or female, gay or straight, Mormon or Muslim.
A network marketing business creates multiple streams of income, including residual income.
Residual income is where you keep getting paid for work you already finished.
It may be called commissions, royalties, bonuses or something else, but it is income that you are paid based on the labor and efforts and others.
The most universal example I can give of this is that Elvis has been dead for over 30 years.
He made $52Million last year.
That's residual income.
His estate continues to receive royalties for his music despite the fact he hasn't graced a stage or sang a note in decades.
Owning a network marketing business also has the distinct advantage of not requiring employees.
Most people have never owned a business and can't appreciate the monetary and emotional investment that employees represent.
There is more research to be done as all companies are not created equal and you want to be selective about who you are going to trust to teach and train you, but if you are serious about changing your financial future then a home based business in network marketing is the simplest, surest and most profitable way to make it happen.