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The following article was published in our article directory on May 31, 2014.
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Article Category: Advice
Author Name: Elmer Sabisch
Robert Kiyosaki, a multi- millionaire businessman, investor and author of the best- selling book "Rich Dad Poor Dad" and the Rich Dad book series, said on why he recommends network marketing "Network Marketing gives people the opportunity, with very low risk and very low financial commitment, to build their own income- generating asset and acquire great wealth".
Network Marketing, also known as multi- level marketing (MLM), is a business plan in which sales representative get their compensation from their personal sales as well as the sales of people one has in his/her network, also referred to as "downline". There are many types of network marketing plans which include unilevel structure, stair step breakaway plan, binary system and forced matrix plan. these business plans allow a sale representative to earn passive income through selling products and getting commissions from those under them. The best among these types is the binary system because it allows anyone to earn more than the person above him/ her and build a team of people which will help you earn passive income.
Several well- known business tycoons and MLM leads support network- marketing because it enable common people to start their own business with a very low capital and lesser risks and headaches compared to putting up traditional businesses. To name a few of them are Robert Kiyosaki, Donald Trump, Brian Tracy and Warren Buffet. In his book,"The Business School for People Who Like Helping People", Kiyosaki named some big companies that utilize the potential of network marketing such as AOL Time Warner, Berkshire Hathaway, and Citibank. He believes that this business is the wave of the future because it embodies the new Information Age economy.
Financial experts call the Network Marketing industry as a "recession proof" industry. It is said to withstand economic recession because it will continue to grow as more and more people are getting into it despite the country's economic state. This industry doesn't depend on infrastructures as how traditional businesses do it but on its organization of hopeful and like- minded people. This makes this industry different from others. Hence, what's bad economic news to most people is good news to network marketers. Network marketing industry has proven that during economic recessions it does not only survive but also prosper.
In fact, network marketing was born in the midst of the Great Depression in 1930s. It began to flourish during 1950s and 60s wherein direct selling companies like Mary Kay Cosmetics, Avon, Fuller Brush and Tupperware greatly expanded. 1970s is an exceptional decade for MLM. In the last half of the 60s, several industries slowed down and unemployment rates jumped. During this time, network marketer rocked its way to massive expansion as employment rate dropped.
In the last five decades of recessionary period, it's also a period when network marketing industry created substantial explosion. History alone proves this industry's great potential in the business world and proves MLM's revolutionary characteristics of changing people's lives.
Keywords: MLM Leads,Network Marketing, MLM Tips,Steps too Success etc.
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