Can you own your own business without high costs?
Regardless of where you are in your life, you always have an opportunity to learn more. You can also make your life better. Including the lives of those you love!
I am grateful to have learned early in my life that I needed multiple streams of income. During the recent COVID-19 pandemic I was able to continue to earn enough money to pay the bills and keep food on the table because of my Network Marketing side gigs!
You can own a business that puts you in control of your finances for less than you can imagine. I can show you how to grow a substantial business with very little money out of pocket. A side-gig can give you tax deductions and revenue that pays for all expenses. As one of my mentors, Jim Rohn, taught me – “Profits are better than Wages!”
I currently have two side-gigs that generate income because I follow a simple system for success. Let me show you how I’ve accomplished this. I can show you how you can earn extra income either as a side-gig or as a full time business. You can do it WITHOUT pushing your family and friends away.
Almost all Network Marketing companies are home-based, and have incredibly low startup costs. The Federal Trade Commission (FTC) requires all of these business opportunities to offer a startup option that is less than $50+web hosting. You can literally start your own business for around $80 – including a full marketing website. Your monthly fees to stay active are between $80-$150/mo. By following a proven system for success in Network Marketing, your earning potential is only limited by how much you wish to earn.
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Traditional vs. Home Based Businesses
A traditional business is setup with a store-front or an office where clients/customers can visit you to buy your products and/or services. Depending on the type of business, the costs can be anywhere from $50,000 to $250,000 in startup costs. There are some franchises, like McDonald’s, that have a $45,000 franchise fee. But they also require you to have $750,000 in liquid capital. With this franchise you still need to spend from $900k to $2 million in getting the location, hiring staff, building the store, and stocking product to make what you sell. After the startup costs, you have monthly rent, salaries, inventory purchases and other expenses.
Home Based Business
A home-based business means you work from home. You rarely have customers/prospects visit you at home for meetings or to buy products. This type of business is not limited to Network Marketing opportunities. It also includes you selling products you make, or source from a manufacturer, and sell on the Internet. Etsy, Shopify, Google, Amazon and many other web hosting providers can get your products in front of buyers and help you sell those products. A home-based business can also include consulting services that you can do from home and generate income with very little overhead. These businesses can cost you around $2,000 for startup costs (web hosting, setup costs, business licenses, brand development). Then they have marketing/sales costs that either take many hours of your time, or cost you between $1,000 – $5,000 per month.
Network Marketing businesses provide you with a web site that is customized to you. All purchases are credited to you for commissions and bonuses. It includes all licensing, overhead production costs, web site and marketing tools. As I said earlier, this business model can startup for as little as $80 and cost you as little as $80-$150/mo. All you do is the prospecting, marketing and sales. The beauty of this model is that industry experts like Eric Worre, Jim Rohn, Zig Ziglar, myself, and many others can teach you how to be effective at marketing without feeling like you are selling. No one likes the feeling they are pushing products onto others.
Watch this 5 minute video to learn more about Network Marketing and what top business leaders say about it. It may dispel the stigma around Network Marketing for you – I hope it makes you laugh like it did me.
In my lifetime I have discovered that most people want to make a difference in this world in one way or another. A Network Marketing opportunity can be your way to make profits by doing what you’re passionate about while earning income. Let’s have a face-to-face conversation to explore your passions. Then explore which companies are best suited for you to share products/services that fit your passion and make you money.
Please click here to schedule a face-to-face Zoom meeting.
I can help you learn more about how YOU may benefit from a side-gig.
Even if you are not interested in either of the two side-gigs I mentioned on this page, I can help you find one that is right for you.