Financial Freedom Radio
May Multi Level Marketing or Network Marketing business fail because the many that join these business models are expecting unrealistic expectations. The MLM companies all try to convince the people that join them that they are in their own business and should spend their own money to grow the business. What actually happens is that people soon realize that they have been sold a flawed business plan.
Spending money to grow a business that someone else owns is not the best use of time and money. When you spend money and get nothing in return you have a loss, and in economics there is a term called Lost Opportunity Cost/ LOC which measures the potential gain that you would have realized if you had kept the money that you spend in your sphere of influence. When people join a MLM or Network Marketing Company they spend their money to promote the companies products and services only results in a commission when the products are sold and the company receives the money.
"What is wrong with this"? you say. Think about it! You are promoting a companies products who has no "Skin in the Game". They only pay you when they get the money you generated, and they never spent any money to promote their products, you did. If you leave you lose the commissions and the customer you created and maybe the downline that you had a hand in building. This is a masterful model but you must look at your true cost of building someone else's business.
If you were able to use the money you spent to create wealth for yourself how much would you have made. What is your Lost Opportunity Cost? What could you have made if you just put your money in the bank? The company that convinced you that you are self employed in your own business had a huge profit growth because they put none of their money into your operation. Their rate of return was huge while you probably received nothing or pennies on the dollar.
If you could join a company that sells to people directly and has a distribution system then sells the paying customer to you would you purchase the customer. Of course you would! You would have a paying customer right from the start. You would get revenue from your investemnt from the inception. There is a system called ItsGoodBusiness.net that represents a company called TriVita. Through the IGB network you can join TriVita and purchase customers, [You can join TriVita without IGB but you would not get the assistance that IGB offers.] then realize commissions from the customers at the tune of 21%. There is no Lost Opportunity Cost here if you are generating revenue right from the start.
The IGB portal give the Business Affiliate tremendous support. Through SEO [Search Engine Optimization] and SEM [Search Engine Marketing] the teams drive internet traffic to the portal and more people then come and join. There is also a Sales Consulting Team that will place the new people under you assisting you in growing your business. If you want to see fantastic results go to http://808ebiz.com and read about the explosive growth that has occured in a very short period of time.
Thanks for reading.
Dr. Raymond Jewell, Economic Advisor
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