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Submitted by: Bob Koch
Part 1 covered two compelling reasons to consider the network marketing or MLM industry: “the Economy” and “G.O.O.D. (Get Out Of Debt).” We will now discuss two additional reasons to create a solid network marketing business immediately: Control of Income and Retirement .
Control of Income Maybe the economic downturn hasn’t affected you yet but most people have had this fleeting thought “What will I do if I’m next?” What you need to understand is your current job is TEMPORARY! Guaranteed, you will lose it some day! Some day you will be laid off or quit or retire. No matter what you call it, it’s the same effect. The income and lifestyle you are used to right now will be a thing of the past.
Many people try to work two different jobs, trying to be proactive, thinking if one job goes under they ll still have income coming in. Yet that already proves this point! If you continue to work for others, you will NEVER have control of your income!
Inside the book “Start Late, Finish Rich”, best selling author David Bach describes the best way to get control of your income. Create a secondary business income, one that you have more direct control over and which you can start part-time without endangering your “day job.” He covers ways to do that: Ebay, franchises, the Internet, real estate. And a chapter is reserved to talking about Direct Selling, which is closely related to MLM or network marketing.
In the book he reviews what that extra income can do, even a paltry $250 to $750 per month. You will increase your savings account, pay down debt and create a cushion in case you do lose your job. If you need even more, scale your business from $500 to $2000 per month. The key thing is YOU have greater control of your income now. Not a boss, a corporate accountant, a branch manager, but YOU!
So you must ask yourself, “Is someone else in control of my income or am I?”
Retirement Everyone over 40, especially Baby Boomers, are concerned about retirement! Very few individuals have enough money saved to their retirement. Most people cannot retire in comfort at age 65 due to lack of finances. That’s why more senior citizens are still working, like the 96-year-old woman who recently retired from McDonalds. Go to a “retirement calculator” website, plug in your numbers and be prepared for a shock.
In “Start Late, Finish Rich” David Bach says that Direct Selling is a good way to add to your retirement nestegg and provide a solid income during retirement. If you are starting late with your retirement plans, creating a steady stream of extra income every month can add to your retirement savings and provide a modest income THROUGHOUT retirement !
In network marketing that income, once built to a certain level, only requires a few hours a week to maintain. THAT my friend is LIFESTYLE income! Which is way better than the retirement income of most people. Is that the way YOU want to live when you retire?
So to gain control of your income and improve your retirement might just start with creating your own network marketing business.
Need more reasons? Coming soon is Part 3…
About the Author: If you answered NO to the questions “Do I have control over my income?” or “Will my retirement income be enough to really live on?” then you must check out more on
bobkochonline.com/whymlm-2
for this and more articles by MLM veteren Bob Koch
Source:
isnare.com
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