ABSOLUTELY! I personally know people who make 75,000k per week! Yes, you read that right, 75k per week. Network marketing offers home based representatives the opportunity to get paid from other peoples efforts, not just their own.
Get Paid For Other Peoples Efforts:
Some of you have a bad taste in your mouth when it comes to network marketing. But what most of you don’t realize is that network marketing offers you the ability to make a major increase of income right from the comfort of your home. People in this industry are making millions a year, while others are quitting their jobs, while others are travelling the world each year.
The key with network marketing is that you get paid a certain percentage, or bonus from other peoples efforts. There’s nothing better out there than residual income. Residual income allows you to make money in your sleep, when your eating out, when your cleaning the car, etc.
Each morning when I wake up, the 1st order of business is to check my account to see how much money my business made when I was sleeping.
There’s nothing better than making money while you sleep. This is made possible because people all around the globe are waking up at different times. This time shifting allows my business to keep building at night.
Network marketing gives you the ability to have people within your network that are working to make money while increasing your income as well when you sleep.
Residual Income Is The Key!
Some of you might of heard the term “residual income” before but never truly understand the benefits of residual income. Residual means reoccurring over and over. You do the work one time and reap the benefits over and over again.
Here’s an example of residual benefits: When my son was born over 1 1/2 years ago, I decided to take a break for 3 months from ever working on my business. I was able to make this decision because I knew that even thoug
h I wasn’t working, my business was still working for me. Week after week I still received checks for the work I did from the past. Even after 3 months of not working at all, I was making more than I did before. The reason for this is because “other peoples efforts” where helping to increase my income for me.
Breaking Down The Money For 10k A Month:
PLEASE NOTE: This is ONLY an illustration and is not intended to show you exact income amounts.
For this illustration, I will use “milk” as a product example.
1) Your Personal Sales:
1 Bag of milk costs: $10.00
Your wholesale cost is: $7.50
== $2.50 profit per bag of milk
You will need to sell a lot of bags of milk to make 10k a month right? The key is to get other people to also sell bags of milk, and you will make a certain percentage on their efforts. For example;
2) Level 1 Sales:
Let’s say you show “Mary” the opportunity. For this example, let’s say you make $1.00 for ever bag of milk Mary sells.
Mary sells 100 bags of milk a month.
Mary will earn: $250.00
You will also earn: $100.00
3) Level 2 Sales:
Now because of the opportunity of network marketing, we get paid from other peoples effort so let’s say that Mary introduces “Jim” to the opportunity. You will get paid $1.00 for every bag of milk Mary sells, and also earn $0.50cts for every bag of milk Jim sells.
You sell 50 bags of milk in one month.
Mary sells 100 bags of milk in one month.
Jim also sells 150 bags of milk that month.
Jim will earn: $375.00 (personal sales)
Mary will earn: $250.00 (personal sales)
Mary will also earn: $100.00 (From Jim’s sales)
You will earn: $100.00 (From Mary’s sales)
You will also earn: $75.00 (From Jim’s sales)
You will earn: $125.00 (From your personal sales)
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You can see how making money from other peoples effort is quite appealing and important to understand. You might be asking yourself, but how do I make 10k a month???
For this example, let’s increase the amount of people in your network. Let’s say you went out and found 10 people who liked the opportunity to sell milk. We’ll also say that each person found 10 people as well, and those 10 people found 10 another people. Here’s how this would look:
Level 1) You found 10 people
Level 2) Those 10 people also found 10 people (10 x 10 = 100)
Level 3) Those 100 people also found 10 people (100 x 10 = 1000)
Let’s say that each person in your entire network sells 50 bags of milk ever month, here’s how you would calculate the amount of money you made.
Personal Sales (You):
50 bags x $2.50 = $125.00
Level 1 (10 people):
50 bags x 10 people = 250 bags
250 bags x $1.00 = $250.00
Level 2 (100 people):
50 bags x 100 people = 5,000 bags
5,000 bags x 0.50cts = $2,500.00
Level 3 (1000 people):
50 bags x 1000 people = 50,000 bags
50,000 bags x 0.25cts = $12,500.00
Let’s recap your earnings:
Personal sales: $125.00
Level 1 sales: $250.00
Level 2 sales: $2,500.00
Level 3 sales: $12,500.00
Total earnings for one month: $15,375.00
There you have it. When you make a small portion of income from other peoples efforts, it really adds up fast. You can’t make this much of money anywhere else by promoting a product or service from home.
Just remember that each compensation plan is different with each home based business opportunity. The key is to find the most profitable plan that pays the most for other peoples efforts, and not just your own.
Martin Lemieux is a network marketing expert who offers his knowledge to better educate prospects and team members. To learn about a great opportunity within the health industry with a great deal of potential for growth, click the link below… To learn more about home business tips, click here:
http://www.martinlemieux.ca/category/?cat=Home_Based_Business
Like many home based bussiness online, you are not going to earn a 6 figure income with this work from home business opportunity when you are just starting out. But you can slowly build a nice commissions if you do work and be consistent. There is no free lunch on the internet. No one makes any money unless there’s a sales made.
