Automated MLM, Best Network Marketing Companies, Hempworx

How An MLM Can Grow Your CBD Business

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Perhaps you have heard about the benefits of CBD products and you want to create your own CBD business. Maybe you have used CBD products and have seen, first-hand, how they can change the lives of people (or pets) dealing with common problems like pain, anxiety, and sleep.

Or perhaps, even, you have heard some of the hype about the CBD industry’s estimated growth from $600 million to $22 billion by 2022.

You may be asking yourself, “I believe in the value of CBD. But how can I grow a CBD business that is profitable and sustains in the long term?”

One answer to that question is building a multi-level marketing (MLM) business that sells CBD products.

Before the red flags and horror stories of pressuring friends and family take you out, consider that the MLM industry you have been exposed to and the MLM industry that exists today are two separate things. For example, those awkward calls to your brother or your best friend from high school are a thing of the past, thanks to the internet.

Let’s explore the topics of CBD and the MLM industry, and how building your CBD business as an MLM could in fact be the move you are looking for. To do that, we must first look at how an MLM operates in today’s world, its benefits as a business model, and how you can generate passive income with automated tools.

Benefits Of An MLM

As there are multiple types of businesses, running your CBD business through an MLM may be a choice you’d like to consider. Let’s take a look at the benefits of the structure of an MLM.

  • Low start-up cost: Usually, an MLM will have an initial, one-time fee to get started, with a monthly membership fee or promise to re-stock your inventory. The initial fee is normally in the few-hundred-dollar range. In comparison to a brick-and-mortar CBD retail store, which with rent, insurance, technology equipment, advertising, signage, interior decor, and professional services can cost in the tens of thousands of dollars, the initial fee to start an MLM is small.
  • You are your own boss: Simply put, you call the shots. Without the expense of hiring employees looming over your head, you can re-invest your earnings or pay yourself earlier.
  • Opportunity for passive income: Consider Bruno Mars, who writes a song once, then collects royalties every time that song is played from then on. Similarly, with your CBD business as an MLM, you will get paid for work you’ve done in the past. That means instead of trading dollars for hours with a salaried or hourly position, you can continue earning money regardless of if you work today with the concept of passive income. This isn’t to say that getting to this point is easy to do; if it was, everyone would be doing it. However, it is possible. As a network marketer, I have grown my business to the point of generating passive income and helping others achieve their financial and well-being goals.
  • Unlimited income potential: Unlike a salaried or hourly position, with an MLM you are in a compensation plan with no ceiling. With the Top 200 Income Earners in MLM companies all making passive income north of $1,000,000 per year, there is no cap on income potential. Goals like a few thousand dollars per month to pay your bills and provide discretionary income are achievable with hard work and dedication. Nothing worthwhile in life is easy.
  • No education requirements: One barrier that is very real for a lot of people is education. They can’t make more money than they do because they need certifications or a degree. The average four-year degree will cost between $35,000 and $140,000. With an MLM, there are no education requirements.
  • Automate your MLM business: As stated, today’s MLM industry is vastly different than that of traditional ideas of Amway and bugging people you love (or being the one being bugged, for that matter). How? Through automation. By employing methods such as pre-enrollment, sales funnels, and email response systems, you can flip the script. That is, pre-qualified leads will come to you. Gone are the days of nervousness and landlines being land mines.
  • Constant training and development: While running your CBD business as an MLM, there are very often regional and national events where you are trained by the founders and top performers of your company. There is much to be learned from them. Furthermore, large repositories of free training in the form of audio and video exist to empower and enable you to reach your personal goals, financially or otherwise.
  • Tax deductions: If running your CBD business online, consider a few of these common tax deductions you can claim in part on your tax return: wireless internet, your computer, your mobile device, and any travel expenses related to your business.

Benefits Of A CBD Business

In addition to the benefits of an MLM, CBD has a number of benefits in and of itself, which is why the industry is currently in the stage of growth that it’s in. Let’s have a look at the benefits of CBD products and the sorts of issues they help to address.

  • Anxiety: CBD can calm the mind and body. Oftentimes, people can suffer from anxiety, such as obsessive thinking, fear in public, on airplanes, in vehicles, speaking in front of others, or even reliving traumatic experiences. CBD has been known to slow down the mind and relieve the effects of anxiety.
  • Sleep: The relaxing effect of CBD can help people sleep. With roughly 60 million people in the U.S. suffering from sleep-related health issues, the market for helping people getting sufficient shut-eye is large. Your impact is tangible, especially given how coveted sleep is for human beings.
  • Chronic pain: Similarly, around 50 million people in the U.S. suffer from chronic pain, with 40% of them having high-impact chronic pain, which severely impacts life and work activities. Users of CBD often report relief from pain.
  • For athletes: Whether it’s pain, the frequency of travel, or the nerves of performing at a high level, athletes can use CBD for a variety of reasons.
  • For pets: Just like their human counterparts, pets can get nervous. Personalities, types of breeds, and past experiences can play a role in the quality of life of pets, and CBD can help in this regard.

 

How Growing Your CBD Business As An MLM Is Smart

Now that we have covered the benefits of the MLM industry and CBD products, we can finally delve into the reasons why combining the two may be a smart idea.

  • CBD is on-trend: When the wave of momentum is strongest, the buzz of a community is too. As such, since MLM is about teams, mentors, and learning from one another, CBD and its current state of hype makes it a viable option for using an MLM to start your business.
  • Done for you: There are already plug-and-play CBD MLM’s such as Hempworx that have invested hundreds of thousands of dollars into products, shipment, websites, and research. With features like auto-ship and warehouses of inventory, all you need to do is plug in and leverage what’s already been done.
  • CBD is a recurring expense: Since your CBD business is centered around generating revenue, the fact that users of CBD must replenish their supplies plays into your favor. This means that customers with whom you grow your reputation and trust will become repeat buyers with you. This is a cornerstone in any solid and long-lasting business.
  • CBD has a wide audience range: Given the range of problems that CBD can help solve, such as sleep, pain, and anxiety, the number of people you can help means that the number of people who can join your business or buy from your MLM store is equally as large.

As such, we covered the benefits of MLM’s, CBD, and why running your CBD business as an MLM may be a smart move. CBD is here to stay, and the results of the products speak for themselves.

What’s more, the MLM industry has evolved into a business model that can leverage the beauty of the internet and automation to grow your revenue without having to annoy relatives and friends. I’ve used this process, as an introvert myself, to generate passive income for myself and for others, and now it’s my full-time job.

If this is something you may be interested in, feel free to take a tour of Hempworx. Also, consider continuing your research into this topic of your CBD business. Knowledge is power.

Thanks for reading!

Mark Balderrama

MARK

 

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Best Home Based Businesses, Best Network Marketing Companies, Hempworx

How to Start Your Own CBD Business

There has been a lot of interest in CBD Oil to help people with lingering pain, anxiety and other issues that seem to plague us as humans as we grow older. There is also a lot of news on how CBD can help your pets. I have seen first hand the benefits of this for my dogs and have written about it here.

Many people are also looking into the business opportunity side of CBD Oil. There has been quite a lot of press lately about the booming industry of CBD, but not a lot about how to start your own business. Let’s address one of the best ways to do that.

Brick and Mortar?

This not the best way to do it actually. There are a lot of regulations when you start a conventional business. Additionally there are significant costs involved. I know my ideal business does not have these things in it. Storefronts, buildings, employees, inventory, insurance, book keeping, large investments, long pay back periods, sourcing products, marketing, sales and stress.

When you really evaluate what you are looking to achieve I don’t think many people will want to start this way. Let’s see what is the best way to do this!

Best Way to Start

In my opinion the best way to begin is to evaluate the CBD products and companies that offer you an option to start a network marketing business with their products.

This allows you the best option and the lowest risk. With this you have no large investment and you don’t have to figure out any of the stuff listed above.

For under $100 you can start building your own business right away. You get the same tax benefits and income earning potential without all the trouble and stress.

Think how fast you can become profitable with this type of business! You can make your initial investment back in a week! Then it’s all profit from there.

For some people it is not a “real” business unless they put everything on the line, including their home. That is an old way of thinking that still happens today.

Now it is about working smarter not harder. Why risk everything when you can be successful faster and with a minimal downside?

Network Marketing Business? What is it exactly?

The simplest way I can explain this, is like this. You know how you will tell a friend about a great restaurant you found or a great movie you saw? You tell them how they should try it, or see it because you just know they will love it as much as you do.

So the next week they go and eat at the restaurant and they in fact do love it! When you referred your friend, did the restaurant send you a thank you card with money in it for helping them get a new customer and grow their business? Nope.

Then your friend tells someone they know about the restaurant they just loved and then they go too. Just by your word of mouth promotion of this restaurant they gained two customers and increased their business again.

YOU received nothing other than good feeling about how you helped your friends out.

Everyone does this either in person or on social media, but not many get paid a referral fee for it. In Network Marketing it works exactly the same except everyone can earn a little bit from these referrals.

You Are Already Doing It

As we have already covered, everyone is already doing this. You are a consumer and you already share with others how great what you have discovered is. Now it’s time to get paid along the way.

This business is very easy. You just share what your experiences are with the CBD products with people who you believe it can help. Some of those will be interested in learning about how they can also earn while sharing and now you’ve got a business started.

CBD is the Hottest MLM Right Now! Click for a Free Tour!

 

Thanks for reading!

Mark Balderrama

dogs at halloween 2018

 

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