Would you work hard for 5 years building a business in order to replace the income from your JOB with residual income?
Would that be worth while for you?
You see often when you see ads for building a business online you see people making claims about how you can make extraordinary sums of money in your first week, first month, first year.
The truth is this is very rarely true!
MOST people take YEARS to build and grow a business. Most people don’t have business skills yet. They have to learn them. They have to work at it.
I know Kim Klaver has been talking about this for years and I just had it happen to me. One of my team called me to say he had broken through to the top 200 in our company and yet he wasn’t making that much money. He was very surprised because he didn’t feel he was making a full time income yet he was in the top 200. He was wondering how many people are really making a full time living.
Now our company is only 4 years old. We don’t even have ANYONE at the top position yet. We do have 50 or so people making a full time income and 10-15 making serious money.
A skeptic could look at that and say, well sheesh there are 36,000 people in your company and only 50 are making a full time income?
I would say that in the first year we only had a couple thousand people… and many of them are no longer here any more.
So the majority of the people in our company have only been here 1-2 years.
Do you really expect to go into a brand new business and go from zero to full time income in less than a year?
So this man in my company (and a good friend and a great business leader) was not happy. BUT he’s been here only 2 years. AND he’s progressing and moving up the chain and earning more and more money. Right now he’s built that income on the lowest parts of our compensation plan. So the next leader he finds is really going to explode his business. That could happen next week or next year, but if he keeps working it will happen.
I know there are advertisements out there and people selling reverse funnel system and stuff like that which claim you can make tens of thousands over night. Heck I know people who actually DID make that kind of money over night. BUT they were business builders. They had experience already. They had a sphere of influence. They had a mailing list, a website, and people who would listen to them and follow them.
AND much of that income isn’t residual. It’s one time bonuses and such.
On the other hand if you told people… come in and work hard for 5 years… Would people buy into it? Sure maybe less people would but those people would be here for the long haul. They wouldn’t give up if they had a tough first month. They’d stick with it.
I think one thing that is interesting is if you compare this to the music industry. If someone is a singer they spend YEARS learning to sing. A guitar player has to learn to play guitar, then they have to get in a band, then they have to play lots and lots of small shows. These musicians spend years in choir and musicals and crappy garage bands just learning their business and building a small following. They go to lessons with professionals and practice over and over again. Very few people in the music business come in and succeed right away. Many put in years of practice maybe even ten or twenty years before they break it big…
Why do we expect network marketing to be so easy? (Because people using misleading advertising like the folks at reverse funnel use!)
If we were honest and we equated it to the music business… Come in and work hard learning your craft. Build a small following. Work hard and practice practice practice. Study with professionals. Perform over and over again. THEN you hit it big. It could be 5 years or 10 years from now but if you put in the effort you can find the success. It could be like a music business where you have an album and are paid royalties every year over and over for the rest of your life. Network Marketing CAN be that way but it takes time to get to that point.
Does that excite you?
Do you want to have a home business that is similar to a rockstar or musician who gets paid residuals? Are you willing to put in the hard work for YEARS to get there?
If that’s you, let me know. I’m looking for people who want to put in the time and effort to grow a business.
- Ben Fitts
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