There are just about 14 million Americans involved in direct selling having generated around $30 billion in revenue. Got your attention yet? Warren Buffet the billionaire investor and one of the world's wealthiest men started investing in several direct selling companies. Would you take financial advice from Buffet? I would. He has also declared that, "Energy deregulation will be responsible for the largest transfer of wealth in American history." I loved hearing that statement since I am a part of a direct selling company taking advantage of the deregulated energy market.
What is direct selling otherwise known as network marketing, multilevel marketing, or relationship marketing? For those of you that had this thought, "pyramid scheme", I will get to you in a moment. Direct selling is the sale of a product or a service, person to person, away from a fixed retail location. The person doing the selling is an independent associate whose focus is to sell and recruit other associates into the business. I would even say that recruiting should be the primary focus as the selling will come naturally through recruiting. The reason for recruiting new associates is that through their sales, you will receive residual income or passive income. This is how most get wealthy. Is money important? Do we all need money? We sure do but I have also discovered something else just as important. Would you like to take a guess? If you did guess TIME then you are correct. I currently do also work a "9-5" job. It takes me about an hour to get to work and another hour to get back home. So I work an 8 hour day and spend another 2 hours commuting. How are your stress levels in rush hour traffic? Do you find yourself tired when you get home with no energy to spend quality time with family or friends? Are you also doing work at home and taking on extra projects so that you will be noticed and possibly be considered for a promotion? Do you become upset when someone else less deserving gets that promotion? Tired of office politics? I want to spend quality time with my family. I want to be available for someone in need socially and financially. I want to be more involved in church and other charities. Working in direct selling gives you both money and time. Just to be clear, you do have to work hard with any direct selling venture you take on especially in the beginning. You work hard to build the business, your business, and as you successfully grow the business will sustain itself meaning passive income will come to you regardless of whether you are working, on vacation, retired, playing golf, or whatever else you like to do in your spare time.
Direct selling is NOT a get rich quick business. Any company that presents it as such should signal a red flag. It is NOT about you buying a ton of products up front. It is NOT expensive to get into. It is NOT for the lazy. You still have to work at it if you want to see growth. It is NOT a pyramid. A pyramid scheme is a non-sustainable business model that requires you to recruit people under you in order for you to make money without the selling of any product or service. In a direct selling business, recruitment is required BUT you as the recruiter does not make a dime unless the associates you have recruited make money off the products or services they have sold. The difference here is that in a direct selling business model, both you and the associate you have recruited benefit financially. It is a win-win situation. In a pyramid, only the person who has done the recruiting has made any money. Oh, and by the way, pyramids are illegal.
Several reasons to consider direct selling:
1. The moment you join a direct selling company, you are in business. YOUR BUSINESS!
2. You do not have to reinvent the wheel. The direct selling company you have joined has already figured out how you to work the business.
3. You are not alone! You have joined a business under someone else and have the support of the team you have joined. Remember direct selling is a win-win business.
4. You will make new friends. As stated in reason 3, you will be part of a team all with the same goals as you.
5. Direct selling may be the ideal or ultimate people business. What makes you successful in this business is the desire to help other people. WIN-WIN!
6. Having your own business grants you many tax incentives.
7. You make your own hours.
8. You are the boss.
9. It can be a family business. Your family can be involved.
10. Make residual or passive income!
In today's economy, people are hurting to make ends meet. Direct selling can be the answer. Whether you are looking to make an extra $500 a month or want to pursue it full time, the income possibilities are endless.
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