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How Much Can You Make in Network Marketing?
Jul
10

Have you ever wondered how much money you can really make in network marketing? Before we dig into the answer, I think it’s important to preface this discussion with the following:

Most people get ordinary results in MLM because most people put forth “ordinary” effort.

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Let me say that again…. 90% of all MLM reps fail to earn anywhere near a full-time income. But you know what? This same 90% don’t really put forth the effort that the top 10% do. I was watching a video by Ty Tribble over at MLMBlog.Net the other day and he was talking about how he’s created over 5,000 unique blog posts on his site. Five thousand posts! That’s over one post per day for more than a decade. This kind of consistency and plain old-fashioned hard work explain why Ty is the #1 team-builder and the #1 recruiter in his company. He’s putting forth more effort than anyone else!

OK, now that we’ve gotten that out of the way; yes, you can earn an insane amount of money in MLM. One of the top income earners I know if is Ray Higdon. Ray now earns over $50,000 per month. That puts him at around $600,000 per year.

Another way to look at this is to look at the earnings disclaimer for a typical company. Let’s take a look at Herbalife’s “Average Gross Compensation” document. You’ll see that the average “leader” in Herbalife earns around $3000 per year. Please keep in mind that most of these reps are only working the business part time, so it’s no surprise that they’re earning a part-time income.

When you get up to President’s Team, you’ll see that the average Herbalife President’s Team member earns a little over half a million dollars per year. Millionaire Team will get you about $100,000 per year, and GET Team will earn you $22,766 USD per year. (Check out all of Herbalife’s ranks here.)

With MLM, there is no floor, and there is no ceiling. There’s no limit to how little, or how much you can make. It’s all based upon your personal ability to generate leads, direct your leads to a presentation, and then collect a response. If you do this poorly, you will earn little (or nothing). If you do this well, you earn a good living, and if you can do this extraordinarily well, you can earn an amazing income.

How Can I Succeed in MLM?

If you’re going to get to the top in your company and earn more than a part-time income, you must first of all break through any mental or personal barriers that are holding you back. T. Harv Eker talks about your financial thermostat being set at a certain level. Unless you can learn how to reset your financial thermostat your income will stay at a level you are comfortable with.

Once your mindset is right, you need to begin generating a mountain of leads, and pumping them through some type of automated system/funded proposal to automatically weed out the tire-kickers from those who are determined to build a full-time income.

MLM is a numbers game. The rep with the most leads, wins!

How Can I Generate My Own Leads?

Personally, I’m a big believer in the funded proposal. This is an automated system that does the sifting for you and helps you monetize your list so that you can become “immune from failure”. Learn more about the funded proposal at this free website.

P.S. - If you're tried of bugging your friends and neighbors I an show you how to generate your own laser-targeted leads for your Network Marketing Business. It's easier than you think. ==> Click Here for free information

P.P.S. - This is the EXACT BLUEPRINT I used to hit the leaderboards over at Magnetic Sponsoring. YES, THAT Magnetic Sponsoring!

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