Pros and Cons of being a network marketer

It’s not all roses on your path to success.

Let’s have a look at the negatives first. You will be called crazy, you will be told not to go ahead by those closest to you. Most people have never studied network marketing (NWM) and are basing their viewed on this industry on some random failure story they heard.

You will lose some friends along the way, and that is fine. It is part of your path to success and this will happen in any business you put your heart and soul into it.

Like my friend Eric Worre puts it: You have to expect a temporary loss of social esteem from the more ignorant people.

And that leads to another thing which some people will see as a negative and others will expect as they know there are no free lunches. You cannot expect to earn millions in a year with a 10k/year work ethic. In order to earn the top incomes, you will have to pay with sweat and tears. It will require a lot of time and energy in order to get the business started and then to keep it going.

Not everyone will make it to the top and be a millionaire in NWM. It is a fact. But the difference is that everyone can. This is the same across most industries: “According to Bloomberg, 8 out of 10 entrepreneurs who start businesses fail within the first 18 months. A whopping 80% crash and burn.” (https://www.forbes.com/sites/ericwagner/2013/09/12/five-reasons-8-out-of-10-businesses-fail/#66d94d526978)

A major difference with network marketing is that in order to develop your business, you don’t need to invest 10s or 100s of thousands to start your business. You don’t need to worry about paying employees, pay rent, manage stock, invoicing, design and create a website, distribution, legal, and much more. You just need to sell your product or service and if you want the big money, you duplicate your business through recruiting others to duplicate what you do.

And of course, one major incentive is that you can have your own business selling a product or service with no income ceiling (with the best companies) and no overhead.

You will never hear me saying it would be easy. Just that it’s worth it.

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