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I am often asked why would I want to join mlm? Many times the mlm industry has received less than favourable perceptions Cheap Dallas Cowboys Jerseys , mostly due to unscrupulous people who don’t play by the rules and are out to con people into joining illegal ponzi & pyramid schemes. There certainly is to this day still much scepticism surrounding network marketing.

I’d like to ask you, do you think that anyone should join MLM?

I want to look at some figures quickly The average person will usually work a full time job building someone else’s dream for an average of 45 years, the average wage per person in the UK (where I live) right now is around 23,800 and in the US is around $36 Wholesale Jerseys China ,000. Of course there are many people who earn more than this but I am just comparing averages here. Bear in mind that you will probably be working around 35-40 hours each week in order to receive this salary.

I want to take a quick look at the MLM business model. By selling products and recruiting people into your team and leading them to success you can develop a residual income. The network marketing deal I am a member of provides products that really empower people’s lives, so it’s a great product to sell and people love it. For every person I directly sponsor as a customer I earn $45 every month. Let’s say in a year working myself to the ground I was only able to make 100 sales, that’s already $4,500 a month which adds up to $54 Wholesale Football Jerseys ,000 each year, so already I’ve gone past the average wage.

Naturally I am not going to be content with that I would try for 200, 300 and more sales during the course of a year. But suppose that I recruited 100 people on my front line as distributors who I would earn an average of $15 from every sale that they made, that’s another $1 Wholesale NFL Jerseys ,500 a month. Then after that I earn 3% of everything that their distributors sell and this goes on 7 levels deep (the width of my organization is limitless). Now assume that you had a product that transforms people’s lives and that the company wide retention rate is 93%.

There is some great potential here, can you see it?

Also take into consideration that you can now use the internet to build your business, given the technology that is now available. Given the fact that the internet offers us the chance to bring in leads all day long to your business, the power to build a residual income should not be ignored.

When it comes to residual income I struggle to think of any other method where this can be created from home. MLM is not some kind of get rich quick scheme so I have been very conservative in my comparison figures. Large incomes can be made in mlm but you need to have a long term vision. There are however folks that earn well over $10K a week in this business. Whilst surfing the waves outside his home in Costa Rica my mentor earned $28K in 2 weeks! I know he won’t mind me saying this but he started his internet MLM business 9 months ago with a budget of $250.

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NEW YORK, May 13 (Xinhua) -- U.S. stocks traded in a range on Friday, as investors digested the newly-released economic data.

At midday, the Dow Jones Industrial Average shed 8.42 points, or 0.05 percent, to 17,712.08. The S&P 500 edged down 0.29 points, or 0.01 percent, to 2,063.82. The Nasdaq Composite Index was up 16.23 points, or 0.34 percent, to 4,753.56.

The advance estimates of U.S. retail and food services sales for April were 453.4 billion U.S. dollars, seasonally adjusted, an increase of 1.3 percent from the previous month, and 3 percent above April 2015, according to the U.S. Commerce Department Friday.

The Producer Price Index for final demand rose 0.2 percent in April, seasonally adjusted, the U.S. Labor Department reported Friday. Final demand declined 0.1 percent in March and 0.2 percent in February.

The index for final demand less foods, energy, and trade services moved up 0.3 percent in April following no change in March.

In corporate news, shares of Apple traded higher in early Friday, after falling sharply Thursday to close at its lowest since June 2014.

U.S. stocks closed mixed Thursday after choppy trading, as Wall Street digested soft economic reports. Enditem

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