A lot of distributors get started in the network marketing
industry because they want to quit their jobs and create a lifestyle of time
freedom and financial independence. However, when you are first getting started
in the industry it can take some time before you start to experience the
success that you are looking for.
Jeff Olson, one of the most successful network marketing
distributors in the history of this industry got started many years ago in NSA.
Within 2 years, he had gone from brand new to one of the top distributors in
the company. However, he acknowledges that in the beginning, he didn't make any
money because he reinvested his commission checks back into the business in the
form of tools, meeting rooms, etc.
Olson is the exception in many cases and not the rule. In my
dealings with many of the top distributors in many network marketing companies,
whether it is in person, listening to their story or reading their books, the
overwhelming majority of them report that it took them about 5 years of
struggle before they were able to put the pieces together and really begin to
build a financially successful business.
That means unless you prove to be the exception and not the
rule, you cannot rely on the commissions from your network marketing business
for several months in the best case scenario. More likely, it's going to be
several years before you will be in a position to use your network marketing
commissions to support yourself.
If you are in a position where you need your network
marketing income to support yourself, I would answer "YES" you should
get a job if you are building your network marketing business. Some of you
might actually need two jobs depending on how much money you make in your
chosen profession.
While many network marketers love to bash jobs, the fact is,
jobs provide a number of benefits. If you have a full time job that covers your
living expenses, the first and most important benefit is that the job gives you
the income that you need to support yourself and your family. Try turning that
negative spouse around when you have to pawn the television to make your
minimum product order because you don't have a job and business is slow!
Another benefit that jobs provide is networking
opportunities. My strongest organization to date came from two former
co-workers. If I never worked at that job, I would have never met those
co-workers. If I never met those co-workers, my organization would be a
fraction of the size that it is today. Working with the same group of people 6
to 8 hours a day gives you a tremendous opportunity of relationship building.
I'm still friends with many of my former co-workers today!
A job also serves as a great recruiting tool. The late great
Jim Rohn use to talk about this a lot. He said when he first got started, he
was working full time in farming and part time as a network marketing
distributor. He use to tell his prospects "I am working full time on my
job and I'm working part time on my fortune." Eventually, he got to the
point where his part time network marketing business was making over $1000 a
month.
Here were his comments...
$1000 a month on a full time basis, NOBODY wants to hear
your story. $1000 a month on a part time basis, EVERYBODY wants to hear your
story.
Finally, if your job provides you with income in excess of
what you need to support yourself, the job can be an excellent resource to
generate income to re-invest back into your business. Your business will grow
much slower if you have to depend upon only your commissions to re-invest in
your business. Having excess cash flow allows you to make investments faster
and thus enjoy those return on investments faster.
So don't feel ashamed if you need to get a job. You might
even need to get two jobs! Just know that you aren't the only one. I know
distributors who worked as many as three jobs, continued to build their network
marketing business along side of those three jobs and eventually was able to
make more money in their network marketing business then they made from their
three jobs combined! So it can be done. You just have to be willing to make the
necessary sacrifices to make it happen and be willing to put in the time.
What if you are really bad and it takes you 20 years to build
a passive six figure income in network marketing? Would it be worth it? You're
already going to work on your job for 40 years and 98% of you reading this will
not retire to a six figure income from your job pension or social security. So
it would be worth it if it takes 20 years.
However, if you don't have a job and you are unable to make
the investments necessary to build your network marketing business, you could
end up a casualty in the industry.
Enjoy!
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