How Can You Make Money With Low Cost, No Employee, No Inventory, And Retire In 3 Years?

The answer is home based network marketing. Or MLM.

This is a great industry for an ordinary person to make big money... only if you do it right.

The reality is full of disappointment. Community is surprised with so many scam artist and illegal money game. No wonder that authority scrutinizes this industry.

People are also confused. And confused people avoid this business.

You might have done once, and then felt abandoned, hopeless, and finally quit. You concluded that you failed. Welcome to the jungle of network marketing. You are not alone.

Let's clarify what makes this industry great. Then we'll talk about some mistakes that have tarnished the reputation of this industry.

Great Business

Network marketing is one way to market the products. In traditional business, products are sent to a chain of distribution from national distributors, wholesaler, local distributor, and finally retailer. Along the way each distribution channel take a slice of profit from the price of products.

In network marketing the same products go to consumers through direct distributor. Then the distributor gets the profit. Comparing with traditional distribution, network marketing reduces the channel of distribution.

Actually a few other slices of profit are also given to people who build the network of distributors. The good network marketing company would give a very high commission to its direct distributors (over 30%) and pay a much lower percentage to its network builders. However, the network builder receive a much bigger total commission since he/she receives lots of slices from his/her distributor.

Therefore the good network builder should always look for people who want to be his/her distributors. He/she then sponsors the new distributor to duplicate his/her work so that the network under him/her grows.

Benefit

The successful network marketers have enjoyed the benefit of network marketing as follows:

1. Low startup cost.

You can get the business to start including leads to follow up for less than $300. Many other conventional businesses would need thousands of dollars in startup capital.

2. No expensive training.

In fact many network marketing companies provide free training.

3. No administration hassles.

The networking company handles all the product orders, research and development, shipping, warehousing, etc.

4. Can be done as a part time job.

Initially you can keep your current job. This is also excellent choice for housewives.

5. No expensive tools.

You need a phone. A computer is greatly helpful. Your #1 skill is people skill.

6. Passive income.

This is the greatest benefit of this business. Let's discuss a bit about passive income concept.

Let's say you sponsor Andi to the business. As Andi buys the products, you will get a commission. As long as Andi buys products, you get the commission too.

Now say Andi promotes Sarah to the business. Andi would get commission for every purchase Sarah makes. And you also get a slice of commission for Sarah's purchase. And yet you don't sponsor Sarah.

You might be in vacation, and you get commission from the work of people under you. As the organization -your asset- grows bigger, you would receive bigger amount bonus every month.