What It Takes To Make Full Time Income From Home
Although I absolutely love our industry because of everything that it can represent. Freedom, entrepreneur ism,
fun, adventure, creativity, independence and community to name a few. There is one thing that I absolutely cannot stand about our industry.
HYPE
I remember when I first got started in network marketing about 10 years ago or so. I won’t mention the company, because it really doesn’t matter. But I will tell you that the presentation was pretty much a HYPE feast. When I first arrived there was heart thumping raver music playing in the background. Not to say that I was expecting Vivaldi’s “Winter” from “The Four Seasons” to be playing or Sounds of the tropical rain forest. But I also wasn’t expecting to start raving either.
I’m more joking here than being angry. Life’s to short, know what I mean?
Anyway….
The presentation started with the first presenter on stage. This was a lower lever leader in the company. If you want to equate it to a military rank I would say maybe a lieutenant or a captain. A nice story about the company and how wonderful it is. That’s understandable, I mean after all this is a business meeting to get new reps into the business.
After about 15 minutes or so, the lights were dimmed and we were shown the company movie. Still all systems are go.
Then it was time to introduce what I would call one of the Generals. This is one of those super star grand high exalted mystic rulers. This guys is standing in the back of the room and when he starts walking up towards the stage.
EVERYONE stood up and started clapping. Since everyone was doing it, I did too. Why? I have no idea, I didn’t even know who this guy was, but I still stood up clapping. Was it mind control??? I’m just kidding, but I know I wasn’t the only brand new person there and everyone was off there feet clapping for this person that they didn’t know. That’s Hype in my opinion.
Anyway, he gave his presentation talking about the business and the money and the lifestyle and how if you just tell 2 people that tell 2 people that tell 2 people, in a short while you’d be making 10k – 20k per month.
That is what I can’t stand about our industry. That is complete nonsense. I mean, yes, mathematically it works. But the math does not copy reality in this case. That never happens. Maybe once upon a time when network marketing was in it’s infancy something along those lines may have happened. But it doesn’t today. Which is why about 90% of people that get started in a network marketing company quit within their first 90 days.
The company didn’t live up to the hype. Nor could it.
If you want to make a full time income from home, you absolutely can do it.
But first you have to figure out a few things.
1. How soon do you want to be making a full time income.
2. How much money do you have to invest into your business?
3. How much time do you have to invest into your business?
If you feel comfortable with the fact that in most cases it will take the average person that talks to about 5 people per day about their business 2 – 5 years to get to full time income. Then you will do well in a network marketing company. Obviously do your research on the company and pick one that has a product in alignment with your interests.
If you are wanting to generate full time income more quickly from home then you will need a direct sales or top tier company. The profit margins are much higher, and you make much more per sale. It’s the fastest way that I know if to go full time in the industry. Again you will have to do your due diligence in picking the right company.
Either way, telling 2 people about your business won’t cut it. You’ll need a specific marketing strategy. You’ll need a consistent way to generate leads and some sort of a funnel to run those leads through in order to sort them. 
You’ll need some way to track and collect data so that you can increase your marketing in the areas that are showing the most profit.
In other words you need to treat your business like a business and not some “thing” that you kinda do every once in a while.
If you get serious about your marketing, tracking and your process. You can absolutely go full time in the industry in a matter of months with a very serious income. It is possible, but these are the things that you will need to do.
Don’t let the hype fool you. This industry is wonderful, but in order to successful you have to do things in a certain way.
Filed under Abstract Business Ideas by on Aug 17th, 2010. Comment.
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Comments on What It Takes To Make Full Time Income From Home
Stefan Dessalines,
Thank You for contacting me with your email.
I am listening, reading the information, and I’m taking it in, letting it stew. I like the idea I have about this
marketing concept so far. I am an associate with PPL ( Pre Paid Legal) so I was intrigued with the come on in the search engine; something about PPL being a scam. I’ve been an associate there for over ten years and I use it.
I like PPL and it has been a great “equalizer” when I’ve needed one.
When I say I’ve been an associate at PPL, I should be clear. I like PPL, but I’ve never really taken advantage of it’s sales potential. I do like getting a check from them on a regular basis. It always makes me stop and think; WHY DON”T I GET BACK INTO MARKETING PPL?
The answer is simply this; I never felt I needed to, and two; my computer became so far out of date that it was becoming difficult to use for marketing anything.
My life has changed quite a bit in recent years. My wife passed away, my kids moved away, and I’m older and
less physically as inclined. I have a really new sweetheart with a newer computer at her place. So I discovered the truth. I NEEDED A NEW LIFE, A NEW COMPUTER, A NEW WAY TO MAKE SOME INCOME.
So in short;
I’m reading, listening, learning. I’m grateful to find your site and I’m working it in to my plans.
Thanks for your energetic marketing strategy and I’m thinking about my direction now.
Do I go ahead with it now? I’m still not ready to jump in. I’m still thinking about PPL too.
Thanks Again,
Thomas Kiechle
Hi Thomas,
Thanks for your comment.
PPL is a great company with a solid track record that has been around for a long time. Their products are solid as well.
As with “ANY” network marketing company, your success is dependent upon your ability to generate leads on a consistent basis and then run those leads through a process/funnel that provides true value.
In this day and age, that is the only way to create consistent growth in your business.
Your caution is good. Do your due diligence and when you are ready, have a plan and system in place. Then take ACTION!
Try using the strategy in Warp-Speed Lead generation to generate some leads just for fun. You don’t have to call them. It’s just nice to know that you can generate leads at will. It’s chapter 4 in the book.
I wish you the best.
Stefan
Hey Stephan,
Great post bro! I think what a lot of people underestimate is the sheer amount of work that it really takes in order to become a top producer in this industry. The truth is that the average person really isn’t motivated enough to commit themselves to having a vision 2-5 years down the road and they aren’t willing to follow through on an action plan that will take them there.
What I find hilarious though is the amount of people online today that simply spam their home based business opportunities all other social media sites claiming that they have the best compensation plan, the best leadership/training, blah blah blah.
Bottom line is that if you don’t know how to market what you got, then you are going to have a TOUGH TIME trying to build your business or make any money at all.
Keep up the good work my friend, thanks for sharing this
See you at the top,
Michael Stead
Hey Stephan,
Damn, and I thought I was only going to have to talk to 2 people.
haha, great post! YES, this industry is WORK, and you sure find out what you’re made of. But I will tell you this, it’s A LOT easier than day trading stocks like I used to
Hey Michael,
Thanks for the comment. MLM is a 2 – 5 year plan minimum. There are a few ways of going full time from home more quickly. You still need to learn the skills though. Like you said, you have to know how to market.
Not if I see you first. hehehe
Stefan
Hey Ryan,
I tried forex from home for a bit. You’re not lying. This is way easier.
Thanks for the comment.
Stefan
Hi Stefan,
The over hype is one thing that is giving the industry a bad name. I read a post yesterday about a company who have just shut their doors and didn’t even make 2 years. The whole concept was based on hype and 1000s got sucked in. We need honesty from the network marketing companies, not hype. Great post and blog I will be back.
Tristram Lodge
Hey Tristram,
It’s funny because some people love the hype. It’s like they need it to feel excitement in their lives or something. Not really sure. Anyway, thanks for the comment.
Stefan