Would You Join A Network Marketing Company For Retirement Income

Would You Join A Network Marketing Company For Retirement Income

At some point in your life you’ve likely been “pitched” a multi-level marketing (MLM), direct selling, or network marketing business opportunity.  We certainly have and our very first experience was Amway way back in 2003 when we were working as management consultants in the veterinary industry.

One of the veterinary surgeons asked us if we would “look at something” he was considering and being non the wiser to this method of “pitching” a business opportunity or even that such opportunities existed we were of course happy to help him.

The long and the short of it was a telephone conversation with another person who could explain it better and an invitation to attend a meeting “to find out more“…

That became the very first business opportunity we were involved with and even though it was ultimately not for us given the method of operation involved and we were still working 60-70 hours in our management consultancy practice we were to revisit the idea some years later as the concept of building a team and residual income definitely appealed to us.

Now whilst the pitch varies from company to company and the individual promoting it, the basics are that you can quit the 9-5 become your own boss and earn a good income.

Our next opportunity came in the form of an innovative video based technology company called VMDirect.  We loved ❤️talking about it and our clients were all business owners looking for new ways of marketing their businesses – it was all video based with video email, video streaming (like the zoom platform we use today).  We made so many friends through this business and it was very sad that it didn’t survive due to funding issues and being way ahead of it’s time to take off in a big way.  But the bonus is that the friendships across the world did 😃and we still stay in touch.

Moving on…

In 2010 we gave up our management consultancy and accountacy practice and became home based online entrepreneurs and of course began to see many more pitches for opportunities but at this time we were focused on affiliate marketing and learning the tools of the trade and didn’t have time for anything else until Empower Network came along and boom 💥we were back in the game.  It was so in line with what we needed to upskill our affiliate marketing clients (mindset, a blogging platform, masterminds and more).  We learnt so much during our time with this company and many people we worked with generated a good income from being involved and had their first taste of online success.  This was our first experience of building a team and we loved it.  It was called the Ten Ten Formula Team.

The truth is, to go back to the question, is that we do believe that joining a network marketing, MLM or direct sales opportunity is a significant solution to the current retirement savings crisis around the world just as we seen online entrepreneurship in its many forms as a solution.  You just have to have an open mind and a problem big enough you need a way to solve it!

Going back to the original question of would you join a network marketing company for retirement income, we found an article written in Forbes in 2014 (10 years ago as of writing this article) during our research where Robert Laura author of The Naked Retirement actually said he believed back then that the entire industry (MLM, Network Marketing, Direct Sales) was poised for explosive growth and can be one of the most significant solutions to America’s current retirement savings crisis.  Naturally he was referring to America as it’s his back yard so as to speak.

He goes on to say that whilst it may sound a bold statement it’s actually not if you understand retirement the way that he does (he’s an expert in this area in the USA).  The reality is, he says is making a successful transition into retirement has more to do with psychology than with money… and the same may be true for multi-level and network marketing.

“Don’t get me wrong, money has a role in retirment, but it’s not the primary one everyone gives it.  Combine that concept with eye-opening statistics like AARP’s estimate that half of al baby boomers (76 milion) are interested in starting a business and the makings for a massive trend are in place”

As far as the retirememnt saving crisis is concerned, more and more people are coming to terms with the fact that they probably aren’t going to be able to save enough money to just sit around and slowly deplete their nest egg until they are 100.  With the average 50 year old estimated to have less than $50,000 in retirement savings there is an obvious need to find alternative ways to either save more or generate supplemental incoming starting now (2014) and continuing through retirement.

You can read the full article on Forbes and we credit the exercepts shared in this article and also with us by Robert who was a guest on one of our very first Living The Retirement Lifestyle Podcasts

From a personal perspective having been more involved with network marketing business opportunities in recent years we actually agree with him that they can be a solution to someone’s retirement savings

But more than that being a part of a community on the one hand to being a part of something bigger and better than their current career path and the prospect of working in that job well into their retirement (not quitting the 9-5 as it was originally pitched)…

And as in the case of our current network marketing opportunity, not just the chance to solve their financial wellness but also improve their health since our natural products address the many issues we have as we age and our retirement years.

Added to which MLM, Network Marketing and Direct Selling programs offer very low barriers into entrepreneurship, often providing training, support community and more.  Certainly something we’ve found over the years.

But we do have a proviso…

Not all companies and not all people will be right for you and you should take time to do your own research and work with one that has integrity and ethics and produce products you will use yourself… and if you decide to join a network marketing, MLM or direct selling company for retirement income that you treat it as a business and not a hobby.  Your Aunt Mary, your mother or your best friend is probably not the best person to be getting involved with!

Today with excellent training and the popularity of “social selling” you have the chance to make a nice residual income if you treat it as a business like we do.

Think about what you would need to earn to supplement your retirement and then find the right company, right products and right person to work with to help you achieve them.

It’s what we’ve always done when we’ve approached a new opportunity and will give you the best chance of succeeding.

Thanks for reading today’s blog Would You Join A Network Marketing Company For Retirement Income and would love you to share your thoughts and feedback.  Just contact us

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Would You Join A Network Marketing Company For Retirement Income