Just Bloggin

With the fallout occuring from the US credit crisis many people are seriously looking at ways to add extra income into their households. Many people mainly our baby boomers approaching retirement are now being forced to work longer or supplement their income with extra jobs or new business ventures.

The direct selling industry in a major winner in this crisis with some people carving out a totally new career for themselves. When superannuation fund returns are declining, people question wheter such funds are really a safe haven for all their years of toil. Residual income in years of retirement is now being persude as a legitimate alternative in times of uncertainty.

Direct selling or network marketing or mlm (call it what you will) offers some great benefits like:

Flexibility and Freedom

Choose when, how and where you work. Traditional business isn’t as flexible. If sickness occurs peple can be under pressure to return to work often when their illness hasn’t fully subsided

No Discrimination

There’s no variation on a company’s pay plan based on gender, age, race or religion. This industry is often referred to as the average persons best chance.

Low Risk, High Return

Generally there’s a very small investment to get started with the potential for a high return. When start ups can be as low as $39 and the income rewards can be in the millions, your return on investment is extremely high.

No Boundaries

Unlike buying a franchise where you are restricted to a certain territory or area, generally mlm companies allow you to market their goods in all countries in which they are opened. As new countries open, your market potential increases without having to pay extra licence fees.

As the company offers new products, you are able to market them in all the opened countries. This refreshes your business and gives you many “ground floor opportunities.

The Tax Man Giveth

Runing a business allows you to claim business expenses. See your accountant for what you can claim.Holidays if used for business can also become tax deductable. Who wouldn’t like an exotic holiday in Hawaii courtesy of the tax man. Emplyees don’t enjoy such perks.

Build Relationships

Network marketing is built on relationships. Share products or services with colleagues, family or friends. This has traditionally been done at opportunity meetings but now the internet is playing a biiger role in getting the message out.

Recognition

One of the key ingredients people need for survival. This industry praises people well.

Financial Prosperity

It’s difficult to become financially secure by being an employee. Starting a business is almost essential. With low start up costs, direct selling is the beginning of establishing a financial dynasty for a lot of people.

It’s easy to see why this industry continues to attract people. With such benefits lives are changed in a lot of cases for the good. Industry leaders earn millions of dollars per year while part time participants can earn extra income to help pay school fees, mortgages, credit cards or holidays. Everybody is a winner.

Greg Reed is the editor of http://www.get-mlm-success.com where you can find great tips, ideas and articles on network marketing