My first question: Compared to what?
How much time do you think the average MLMer puts into
their business?
Answer: Not very much…in fact maybe 2 hours a month and
most of that spent going to a seminar their sponsor drags
them to.
How much money do you think the average MLMer makes from
their business?
Same Answer: Not very much!
In fact it's probably mostly zero or negative. Lots of
MLMers hang on to doing their qualifying volume, because
they haven't totally given up on their dream…they want to
keep it alive...it's a little ray of hope on an otherwise
dark horizon and while they grumble at the cost they don't
want to totally let go.
Sound familiar?
How much time do you think the big earning MLMer puts into
their business?
Answer: Lots and lots of 12 hour days.
And how much do they make? Lots and lots…sometimes
millions of dollars a year.
Are they making all this money on the backs of all those
struggling small distributors? Not at all! The small
distributor isn't struggling…they generally aren't doing
anything.
How much time do you think the average realtor puts into
their business?
For those making the big bucks it's often 12 to 16 hour
days and usually 7 days a week.
But they all make big bucks…right?
Wrong!!!
Let's look at the Realtor profession for a moment:
In California there were over 500,000 registered realtors
in 2006 and they sold around 40,000 properties total in
June 2007. (This is a moving target so don't hold me to
those figures but they're in the ballpark). The average
property value was $480,000. So that's $19.2 billion in
total dollar sales in June. That's $38,400 per realtor on
which let's say they make 5% or $1920 per month each. But
that's just the average…some make more and some less.
The 2006 stats for realtors were these:
Of all the realtors registered in California, the average
income was $40,000 for the year. And of those 500,000
realtors, 50% of them, that's 250,000, earned less than
$15,000 in 2006.
Now some of them were stay at home mum's or retired people
who kept their licenses alive but didn't make any sales at
all, and a handful of others earned over $1 million for the
year…but still a pretty tough racket.
The realtors who make the big bucks work very hard, very
long hours and they deserve the rewards. But lots and lots
of realtors barely get by…particularly in falling markets.
Looks a lot like MLM doesn't it? Those who work make the
big bucks!
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Jim Keayes is an expert Internet and MLM Marketer. He teaches people to be successful online.
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