It may sound kind of strange, but I never really stopped to consider the earning potential of my particular opportunity. I saw that the business was viable and replicable, and that it wasn't terribly expensive to start. The products looked good -- like I could be proud to represent them. (Not only that, but I would actually use them myself, even if I wasn't a distributor.)
I've been doing some generic training lately, in anticipation of my advertising campaigns. I want to be able to hit the ground running! And I want to be able to teach all my personally sponsored members to do the same. I want to make sure they know how to replicate the business, so they too earn good money!
Anyway, I decided to create a spreadsheet to go over the earning potential. Now my original goal was to make $5,000 a month, and I thought I could do that within a year. My spreadsheet was so I could really "do the numbers" (so to speak). I knew that it would take a few months in the business before the dollars really started to amount to something, but I wanted to see what they could amount to.
Whoa! Was I ever surprised! Amazed! I calculated that after a year I could possibly be earning over $25,000 per month. Now if that doesn't get someone excited, not much will!
Want to take a look at the numbers? They are all there. I've included CV (commissionable volume) income plus residual income. I did not include bonuses, so they would be extra on top of all this!
So here it is: take a look at the earning potential! (This is a .pdf file.)
Wow, those are some numbers, aren't they?
OK, here are the caveats -- it would not be fair if I didn't post them!
Keep in mind that these are not the average incomes. There are a lot of people who sign up and never really do anything. This shows what is possible -- there is no guarantee of what you will earn. Know this -- your income will depend on how much you work your business!
In order for these numbers to work you must be at least a Sr. Executive Director and your three recruits must be on autoship for $100 (as well as their recruits, etc.). You also have to reproduce your efforts every month. Also consider that you may need to sponsor 10 or more people to get your three people who will actually work the business.
Because of the way people are, expect these income figures to be lower. There will be people who join, get excited and then poof! They quit right before their earnings start to really happen.
So, when all is said and done, I think $10,000 a month (that's a 6-figure annual income folks) is certainly obtainable after a year's worth of effort. Could you think of things to do, if you had $10,000 a month...and also the time with which to put it to good use?
One more thing to think about. Expect to run at a loss the first several months. I know that isn't pleasant to hear, but you have your autoship to cover, plus your advertising expenses. Now if your advertising expenses are low but effective, you could reach the break-even point before month 4 -- maybe even as soon as the first month! Look at the .pdf file again; notice that for most people it's around month 4 before you start to break even every month (autoship and advertising combined). Then something exciting begins to happen somewhere between the 5th and 6th month.
Residuals start kicking in, and you get more people on levels three, four and five. Are you getting excited yet? I am!
The point of all this is that there is good money to be made in network marketing. But it will not fall into your lap! You are the only one who can get out there and make it happen. The clock starts ticking the day you decide that failure is not an option and that you will give it all you've got.
Ready, set....go!
P.S. -- If you're interested in more information check out this particular business.
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