If you are broke and need money fast, do not join MLM or start any type of business. Instead, go out and get a part-time or full-time job. That is the best way to solve your immediate cash flow troubles.
Many people turn to our industry out of desperation, because they are days away from bankruptcy or being on the street. They come into our business with the lottery mentality, hoping they can make the big bucks right away so they can pay their bills and get back on their feet.
When that doesn’t happen, they roll over, wet on themselves, and quit! And then they say they were ripped off. I just don’t get it.
To be honest with you, I cannot think of one business model in the world that offers a quick way to make money, ESPECIALLY when you don’t invest any time or money into your business.
Yes, you can earn some money in a business right away, but it’s actually quite uncommon for this to happen.
Most businesses take time to build up and are not designed to provide immediate income right away. Most businesses take six to twelve months, or longer, just to get profitable. And many business never make even one dollar profit.
That’s something that few people will talk about, but it’s the truth (as I see it).
Now, I’m not telling you NOT to join a MLM Company. There is nothing wrong with joining a MLM Company. In fact, I think being in MLM is a smart move.
What I am telling you to do is to have REALISTIC expectations. When you start a business, you are building an asset. You have to invest time and money BEFORE you can expect to draw anything out of it.
You can make some immediate money in MLM from getting some retail sales, but building a residual income takes time. Heck, building any profitable business takes time.
So if you are down and out financially, hold off on joining a MLM Company until you get your personal finances in order. Go get a job and get the financial monkey off your back.
After you do that, consider joining a MLM Company so you can supplement or replace your income, or at least have a Plan B.
What do you think? Do you think broke people should join the MLM Industry? Leave a comment below and let us know.