Is Network Marketing Really Recession Proof?
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Network Marketing - Has the Recession Created a Time of Great Opportunity?
People everywhere are bracing for a recession. Times have not been this bad in years, if ever. The last time General Motors stock was this low, a car sold for $3,000. The Dow is down 25% in the last 3 weeks. People's retirement and 401K's are disappearing overnight.
Jobs are being lost in the thousands and the trickle down effect is just beginning. So what do you do in times like this? Well, if you are to believe the economists, there is a 90% chance we are in a recession or quickly heading that way. Gee, thanks, never would have guessed that one.
But, historically, there is one business that seems to always do well. And when the economy is bad, this same business does incredibly well. What is it?
Network Marketing.
This will truly be the biggest test of all for this industry. At a time when entire industries and the financial markets are facing a giant tidal wave of destruction, there is opportunity for creating wealth. You just need to know where to look.
They say "Behind every dark cloud there is a silver lining". HIstorically, Network Marketing has created countless opportunities for creating wealth. At a time when everyone else is zigging you need to be zagging.
It has been predicted that more millionaires will be created in this industry in the next 10 years than any other industry. That statistic is staggering. Timing has never been better to start creating a recession proof income for your future.
Network Marketing can be started part-time, in conjunction with whatever you are currently doing. So if you are currently working a full time job, there is no need to give that up to start your Network Marketing career. Network Marketing can be done any time, any place, with any amount of hours you choose to work.
The start up costs are relatively low, you choose the people you get to work with (how incredible is that one?) and the tax benefits for running a business out of your home are plentiful.
But, the single most important factor of all with Network Marketing is this - There is NO limit on the income you can make. Your success depends not only on your desire to succeed but on helping other people reach success.
No limit - people today are looking for alternative ways to secure their future and their retirement. They are looking for alternative sources of income. They want income is that is recession proof. Income that will be there whether they are working or not, whether the economy is up or down. People are tired of the financial roller coaster and they want to take control of their financial futures. Network Marketing offers all of that and more. It truly is a recession proof business and people are starting to flock to it in droves.
Network Marketing has evolved from simply a business to a profession. A well respected profession and an accepted business model. People from all walks of life are involved in Network Marketing. From doctors and lawyers to high school graduates; this industry is no longer just for the "last chance" dropouts. It is a lucrative alternative to the corporate world and today, more than ever, with corporations cutting back and layoffs mounting, this alternative has never been a better one.
Network Marketing is a growing profession attracting some of the best and brightest minds around the world and it is about to EXPLODE.
So how do you become part of this explosion?
- First of all, you need to be sure that you do your research. There are thousands of Network Marketing Companies out there and the choices can be overwhelming. Are there scams and pyramid schemes? Yes, of course. There always are scams and there will always be ruthless predators out there waiting to attack their prey.
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Do your homework. Look for companies that are a part of the DSA (Direct Selling Association) - similar to a "Better Business Bureau" seal of approval. If the Network Marketing Company you are researching is in direct sales, this is just a stamp of approval and trustworthiness.
- Do you trust the person that wants to sponsor you in the business? This is crucial. If you do not trust your sponsor, or your "upline" as they are known in the industry; then don't join. Move on to the next opportunity.
- Would you buy the product or service at the retail price if you were not involved in this opportunity? This is a crucial questin to ask before signing on the dotted line.
The key here is to do your homework, take your time, be cautious and careful and choose wisely. But once you have chosen the right Network Marketing opportunity for you, know that you have joined an industry that is on the brink of a new revolution in business today.
The phrase, Recession Proof Opportunities, has been freely tossed around today but not always with credence to back up that claim. This industry is truly recession proof and it has proven it time and time again. When the economy has been bad, this industry has risen above and continued to create wealth.
Today, more than ever, there are so many opportunities out there to be successful in Network Marketing. There are old school methods and new school methods.
Old School methods work and some prefer them and have had great success with them. Building a warm market of prospects by using belly-to-belly networking. Talking to people, networking one-on-one and getting the word out about your business by using traditional methods of networking.
New School Network Marketing offers the opportunities to utilize the internet using social networking, web 2.0 social media, blogs, etc. to attract people to your business and/or products. It is on the cutting-edge of the industry right now and is beginning to be the choice of marketing for many.
With attraction marketing you are able to attract prospects to you utilzing similar techniques of networking with the key difference being the AMOUNT of exposure you get. By utilzing the many opportunities on the internet and the ability to monetize or make money while you are networking enables you to invest in your business at the same time you are building multiple streams of income; in other words; diversifying your portfolio.
Both methods work but attraction marketing is beginning to take the industry by storm and many are choosing this model over the traditional methods.
Whatever methods you choose and whatever Network Marketing Company you join, know that you are starting to build a lifetime of financial security for you and your family.
Do not continue to be an innocent victim of other's unscrupulous mismanagement and poor judgement. Why let other people control your financial future? Take control of your life, take control of your financial future and build a recession proof income for you and your family.
Build a lifetime of security so you will never be a victim again.
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Comments
Thanks for the kind words Franklin. I truly believe that Network Marketing will thrive during this time. It always has and it is so much more attainable to have success today in this business with attraction marketing. Thanks for your comments.
Behind every dark cloud there's a silver lining. Anitak, this made me remember a little poem I scribbled in my journal awhile ago. No idea who wrote it.
The inner half of every cloud is bright and shining.
I therefore turn my clouds about, and always wear them inside out -
To show their lining.
So... in this economic climate - attraction marketing is more a key to improving our financial futures than ever. I'm wearing my clouds inside out anyway!
Thanks for your hub.
Home 'n Biz - Wow, what a great twist to an old but wise saying. I'm going to keep that one for future use. Thanks for sharing with me. I'll be checking out your hubs.
Nice Post and Good Hub! Thanks for the excellent views and ideas..
I totally agree with your text about how network marketing is an avenue to create wealth in a bad economy. Someone looking for a home business must not overlook the importace of marketing of their business, support and training from other partrners, and picking the right company. Attraction marketing is the best solution for making sure that your business grows through marketing.
If you are looking for a home business, make sure that you ask your future business partners how they WILL train you.
Yes guys this is the fact that every one no matter where they live are scared of loosing jobs owever thanks God we are relaxed as our income does come every Monday so no issues, I thanks my successor who helped me join GMI
You make some really good and sound points, this is the type of information that everyone needs to learn about. Just like you said web 2.0 makes it possible for people to leverage themselves and earn money with a business model that is proven to work and has results that can be duplicated.
A very nice post...so true...I am 24 yrs old and I am so looking forward to working hard for the next 4-6 yrs so that I can have a 6 figure income coming in....and I am a high school dropout...I am so thankful for being in a great companyt with unique products....my goodnesss what job could I get (even with a degreee ) that would give me that kind of income a few years from now...and let me retire..?
Amin,
Very true. We are all in a very unique position right now. Someone shared a very good article on just that topic with me. I'm actually going to update this hub with the video clip. Really good stuff. Thanks for commenting.
I am new to Network marketing. I must admit I never thought it would be this exciting. When I was choosing my business adventure, I also looked to see if the product was recession proof. I found the perfect combination.
Absolutely - this type of business prevails in just about anything. My mother has over 3000 people in her downline and keeps right getting her residual income - even thru this recession!
Tracie, Stayathomejobs and lingjingjin, thanks for the comments. I know many people right now who are thriving in this industry while everyone else is struggling to stay afloate.
Stayathomejobs - glad to hear your mom is so successful! Great story for anyone looking at this industry as a possible solution to their financial problems.
Excellent hub Anita. One of the greatest things about network marketing is that it allows you to create residual income. Do it once and get paid over and over again. It is wise to combine that with other multiple sources of income, such as through affiliate marketing. With attraction marketing, it is possible to do both as you create a true income funnel. Many thanks for sharing!
Excellent Post! This is proven. I have people contacting me daily. They are at the end of their rope and searching for something to get them back on their feet.
Most of them have no money but lots of time. With all the free ways to advertise out there, I can help them bring an income in quickly!

















frankiej says:
14 months ago
Hola Anita,
What a great article. You right what we have with network marketing. Sadly lately people are worrying about job lost or pay cut and that shouldn't be. People should start looking today for an alternatives to second income by trying network marketing or any other business that can give a supplementary income for them selves, and stop listening to negative going around. Thanks to the internet today this is possible for a lot of people.
Best Regards,
Franklin