MLM and Network Marketing Training, Personal Finance, Retirement

How an MLM Can Provide Retirement or Supplemental Income

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I’ve stated a few times about how an MLM is a unique business concept in and of itself:

  • Low up-front costs compared to owning a small business;
  • Plug into an already well-established company with products, support, and training;
  • Constant development from successful entrepreneurs;
  • Unlimited earning potential;
  • Zero education requirement;
  • Automate your business through online tools;
  • Be your own boss.

Building Your MLM Can Last Generations

To some, it may sound too good to be true. The fact is, MLM’s are simple. However, there is a distinct difference between “simple” and “easy”. If you think about it, anything worthwhile in life takes hard work:

  • Meaningful relationships with loved ones;
  • Personal health & well-being;
  • Raising children;
  • Saving up for and planning travel and leisure;
  • Contributing to something worthwhile and fulfilling.

An MLM can offer someone the life they’ve always dreamed of. With hard work, dedication, and staying plugged in to daily, weekly, and monthly habits that generate financial freedom, it is very possible. Let’s talk about how MLM’s can provide supplemental and retirement income that last; not just today, or next year, but for years and decades to come for you and those with whom you choose to share it.

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MLM For Supplemental Income

There are a few reasons why MLM businesses are perfect for building supplemental income for yourself:

  • Work it as a side hustle: If you’re worried that resigning from your current position would put you in an unfavorable position financially, you can begin working your MLM business as a side hustle. This means that while you begin to learn the product, develop plans with your mentors, and implement success strategies, you can sustain your current situation with your full-time or part-time job. The freedom of your own MLM business allows you to choose your own hours.
  • Build with your upline: In MLM, you are less of an employee and more of an equal partner. The people in MLM who are winning will expend as many resources as you need for you to win. It’s one of the greatest industries in terms of receiving the time and attention from successful people.
  • Build with your downline: The opportunities available to you as a leader in your MLM business are virtually endless. Time and time again, we hear about wealthy people who are unhappy. Why is this? Well, it comes down to fulfillment. Are you building something greater than yourself? Are you giving back to a worthwhile cause and developing others to do the same? The answer with MLM is yes. You can provide training, inspiration, advice, documentation, recommendations, and so much more when you make your MLM business less about you and more about helping others win. And in the end, when they achieve their goals, then so do you.
  • Millionaires have multiple streams of income: This rings true especially in the MLM industry. The average millionaire has five to seven streams of income, and with your team, so do you. Thanks to the MLM business model, your business volume (and therefore your profit) is generated by not one, not two, not three, but many individuals with common goals. By staying plugged in and being a leader in your team, you can create a healthy and thriving income that is as part-time or full-time as you make it.

It’s clear to see the benefits of amassing supplemental income through your MLM business. Not only that, but you are helping others to build the life that they’re after. As an introvert myself, it never ceases to amaze me that no matter how much someone likes the company of others or prefers that of themselves, how universally desired the trait of contribution is to every single human being alive.

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MLM For Retirement Income

Now, let’s look into how your MLM business can tick the boxes of both short-term and long-term wealth creation. Because oftentimes we have the “here and now” problems of today/this week/this month in the forefront of our minds.

However, when done correctly, the MLM industry is capable of providing for you and your loved ones into the future. Mind you, if it was easy, then everyone would be doing it. But with the simplicity of this business, it makes sense how your expenses into retirement can be covered:

  • Working while you don’t: The beauty of leverage is infinite. What I mean here when I say “leverage” is capitalizing on the opportunity of passive income. Just as Bruno Mars gets paid each time a song of his plays on the radio, or a landlord gets paid every month when rent is due, you get paid for the work you’ve done in the past. This is mainly through the monthly auto-ship purchases if you sell goods, and the monthly membership fee if you sell services. It varies from company to company, and this is the general idea. When customers receive value through your offerings, then it is a win-win situation for you and for them.
  • A team that lives on even when you step back: Thanks to your demonstration of leadership, development, professionalism, respect, and kindness that you have shown over multiple years, the people in your team become leaders themselves, and that’s where the fun truly begins. You have shifted from the forefront to more of a consulting role. You have garnered a series of trainings and plug-and-play instructions, as well as a thriving community of like-minded individuals who want to win, and this combination boosts the success of everyone in your business. New leaders consistently prove themselves and you are no longer required to put in as much work as before, since others are now at that level.

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Creating the Life You Want

All in all, the opportunities within the MLM industry are vast and plentiful, and we are not slowing down anytime soon. It is the perfect alternative for hard-working individuals who want to create supplemental income as well as retirement income through the beauty of togetherness, quality products, and leverage.

If this sounds like a worthwhile pursuit for you and your life goals, feel free to take a no-cost tour of the MLM business I have grown to love, and learn about how it works. You can contact me at any time and I will be more than happy to help, or you can read my story and learn about my background as a person interested in generating income online using modern techniques. May you find fulfillment in doing what you love.

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Thanks for Reading!

Mark Balderrama

MARK