by Jim Keayes
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!
Learn to build your Network Marketing Business Online!Read my new book: “The Perfect Online Network Marketing Business”.Get it FREE here: ” The Perfect Online Network Marketing Business “Or try my other FREE book: ” How To Use The Secret Magic Of Article Writing To Start And Run A Successful Online Business”.Jim Keayes is an expert Internet and MLM Marketer.
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