Would You Join A Multi-Level Marketing Company For Retirement Income?

As a tax advisor, we know that having a home-based business is excellent tool not only for saving on taxes, but for the potential to dramatically increase your income to help pay for some bills or help fund your retirement account.

Below is a great article by Robert Laura in  Forbes Magazine.

Would You Join A Multi-Level Marketing Company For Retirement Income?

At some point in your life you’ve been pitched a multi-level marketing (MLM), direct selling, or network marketing business opportunity. While the pitch varies from company to company, it basically promises a chance to ditch your 9-5 work schedule, be your own boss, and make lots of money while making new friends in the process.

It all sounds good on paper, yet there is a seemingly endless debate over whether these companies and programs are legitimate business opportunities or not, so I dug in and got the real scoop. As a result, I believe that the entire industry is poised for explosive growth and can be one of the most significant solutions to America’s current retirement savings crisis.

Initially, that may sound like a bold statement, but it’s not if you understand retirement the way I do. The reality is, making a successful transition into retirement has more to do with psychology than with money… and the same may hold true for multi-level and network marketing.

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

As far as the retirement 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 from age 62 to 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 income starting now, and continuing throughout retirement. Moving beyond just the dollars and cents, boomers are growing tired of feeling guilty or bad about their past savings habits and are interested in moving towards possible solutions.

Another growing reality that could benefit MLM and related businesses is the increasing number of baby boomers who are disenchanted with their current careers. They’re worn-out from years of the corporate grind and don’t feel the connection between their job and the people it impacts outside their office walls or company grounds. They’re shifting their focus from accumulating a giant nest egg to a desire to be part of something bigger and better… to have a positive effect on others… and working in retirement. Facets of life that can be fulfilled with specific types of products and service available through some MLM or Direct selling opportunities.

MLM and direct selling programs also offer very low barriers into entrepreneurship, often providing training, support, and ample encouragement along the way. As retirees begin to realize they need activities that keep them busy, relevant, in good health, and connected to others, the time, energy and cost to participate in these kinds of companies make them very appealing to large segments of the population caught up in these dynamics.

This is not a ringing endorsement for the entire industry. Like any investment of time, money, and energy, people need to be aware of what they are getting into and do their homework. That’s the primary reasons I began researching the topic by reaching out to regular everyday people involved in these types of businesses and who were willing to skip the hype and offer a transparent view of the programs and give their opinions as to whether this can be a realistic source of retirement income.

I initially spoke to a retired friend who said she joined a health and beauty direct selling company as a means of meeting new people. She had recently remarried and moved to a new location, so she combined the practice of meeting new people with making extra money. After almost a decade in the business, she’s built a small niche business with family and friends despite switching to from one company to another competitor after three years.

She admits she doesn’t attend all of the company’s local meetings and goal-setting sessions because she’s not interested in becoming a top producer. She just likes to use the business activity to keep busy (particularly in the winter) and use the extra money she earns to travel and spoil the grand kids.

Having studied the psychology and behavior of boomers, this example represents a major shift in my thinking about the industry. I no longer perceive these types of opportunities as money-making pyramid schemes. Instead, I now see it as a way to enhance many of the personal aspects of retirement that are rarely discussed let alone planned for, with the added benefit of supplementing other popular retirement income sources such as pension and social security.

Daria M. Brezinski Ph.D, a practicing psychologist and former marketing director for a multi-level marketing magazine, echoes these sentiments. “Many people don’t realize that multi-level marketing companies are successful because they help people satisfy a number of important human needs, including feeling significant, having connections, learning something new, and making a difference. I have heard people in network marketing say again and again, ‘I’m doing this because I’m meeting amazing people … making so many connections … and I feel so good about myself.’”

Dr. Brezinski’s point is well taken and easy to see practiced by popular network marketing companies. Many MLM and NM companies tout a three-to-five year plan to attain freedom and wealth, yet many of the people running company meetings have been in the business for five or ten years and still haven’t left their full-time job or landed on easy street. “As it turns out,” Dr. Brezinski notes, “when other human needs are being met, the members and consultants don’t focus solely on the financial aspects.”

Continuing my interviews, I challenged three others who are in the business to be straightforward, and prove to me that the process really works. What I found was good, consistent business advice applicable to any new business.

Lorene Hochstetler, from Ohio, recommends keeping your current job while slowly making the transition into MLM. She’s been able to replace her full-time income but explains, “It didn’t happen overnight, and I still work every day. I am very disciplined with my business and wake up every day knowing what I have to do in order to succeed at this. You have to treat it like a business and be willing to follow advice from others who have made it.”

Tracy Willard of California began her MLM career out of necessity. “Prior to getting involved in my business, I told my friends to never let me join one of those things… but when our family was hit by the mortgage crisis I had to do something different.” She started her business with the intention some retirees may also find themselves. “I started with the idea that I just needed to make my month easier. My company helped me figure out what I needed to do in order to make an extra $500 per month.”

She reiterated a common theme I heard throughout the interviews. “If you treat it like a hobby it won’t pay you like a business.” She also acknowledged that, in spite of her success, she doesn’t sit around eating bonbons every day waiting for residual checks to hit the mailbox. “That’s a common misconception,” she said. “I work hard at my business every day, although it doesn’t always feel like work. Similar to other entrepreneurs who profit from their passion, she says “It’s rewarding because I found a product that has made in difference in how I look and feel… and I love selling it and helping other people start a business.”

Staci Cahill runs her Washington MLM company in a way many people can appreciate. She keeps her personal life separate from her business life by avoiding home parties, offering instead workshops that educate prospects on the products she offers. “I didn’t want to be that person others hid from because they thought I was going to ask them to host a party. I like to keep my business life and personal life separate.”

When I asked her if she was successful at her craft, she pointed out an MLM approach different from what many might expect. “Yes, I am very successful given what I wanted to get out of it. I’m a single mother who used to work 50 hours per week outside the home. Now I’ve cut it to 20 hours, which is a major upgrade for me and my family.”

As a five-year veteran of MLM, she attributes her success to the fact that, “I switched companies a few years ago once I realized that pots and pans don’t change people lives. The products I now offer has changed my life and that of others… and I find a lot of value in waking up and going to bed knowing that.”

The interviews and psychological connections lead me to conclude that MLM and NM companies, along with other small businesses opportunities, are important considerations for anyone entering retirement. In fact, I believe the concept of starting a business for retirement income will become one of the most significant trends impacting retirement in the 21st century. But it has to start with redefining entrepreneurship and framing it into a retirement lifestyle. That means helping people find ways to turn a passion, hobby, or personal desire into extra money in their pocket… not to mention helping people see the importance of planning for the non-financial aspects of retirement such as replacing a work identity, staying relevant and connected, as well as keeping mentally and physically fit.
Something multi-level marketing as well as network marketing companies are poised to capitalize on. As a result, the industry could soon experience larger than life growth, spurred by baby boomers looking to adjust their retirement feelings and plans.

Doubt takes you out of action, action takes you out of doubt

Have you ever questioned yourself if you have what it takes to do your home business?

Have you ever questioned the products you promote or the leadership of the company you work with?

What about the people you work with… have you ever questioned their integrity?

Have you ever questioned the compensation plan or your ability to make money in your business?

You know it's perfectly natural to ask these types of questions from time-to-time but what can stop you COLD in your business is one word…

"DOUBT"man-question

There is a difference between asking the occasional question and pure doubt that you can do something.

Usually I find that when people focus on doubt, when they focus on problems or their ability to do something, they usually stop working in their business or just plain quit. The doubt got the best of them and they are done, out of the game and probably won't come back.

Doubt takes you out of action. It causes you to stop working. When you stop working you don't make money. When you don't make money you quit.

Now let's look at the opposite.

When you take a lot of action in your business you start to have success. When you have success you make more money. When you have success you are able to help more people have success. When you have success it makes you want to work harder and take MORE ACTION.

When you take action, you have success and this takes you out of doubt.

So what are some of the things you can do to TAKE ACTION that will keep you out of doubt? Here are a few I recommend.

1. Get fully invested in your business. Make sure you own all your companies products and are positioned for the most income. This may take additional start-up cost but when you do this it shows that you are serious. People that spend more money to get started are usually more serious because they have "more skin in the game."

2. Get plugged in. Make sure you attend all of your company and leadership calls. Attend all events and know about all events that are happening. If there is a Facebook group for your business make sure you are on it and are active. People who are plugged in and attend calls and events are always take more action.

3. Have a daily method of operation. Know exactly what you will be doing every day in your business and DO IT! If you plan out your day, set goals and then track those goals, you will be in action and you will have success. Just make sure the daily activities you are doing are money producing like inviting someone to check out a product or opportunity or following-up with prospects or team members to help them get started.

Those are just 3 things you can do that will keep you in action.

Just remember this saying…

"Doubt Takes You Out Of Action, Action Takes You Out Of Doubt"

If you are looking for a home-based business that is simple to do and will let you stay in action… check out what I recommend below.

Watch This Video

…and follow the simple steps. It's working for me and thousands of others out there online.

watch

Carlos Samaniego
909-570-1103
Work With Me

 

How To Become An Online Marketing Master

So many people these days have turned to the Internet to make extra or full time income, myself included. To many people it's a new concept but hundreds of thousands if not more make great incomes using the good old Internet.

Funny how in reality the Internet is not that old but it has changed the lives of so many in such a short period of time. Even people who don't feel very technical have been able to make a great living.

But what takes someone from being a brand new beginner to becoming we we like to call an "Online Marketing Master"?omm

Before I answer that let me tell you about something VERY exciting that launched this week…

Online Marketing Masters Workshop

This is a brand new training system that can take a brand new beginner and help them learn this amazing business called "Internet Marketing". It was created by several online millionaires who volunteered their time to teach and share their secrets with us.

So how does one become an Online Marketing Master?

First of all you have to want to make a change in your situation which usually requires a strong WHY. Your why is the reason you want to start an online business.

Maybe you are sick of the 9 to 5 rat race or you want to be a stay-at-home Mom or Dad. Perhaps you want to make it so your husband doesn't have to work so hard and can quit that second job so he can spend more time with the family. Maybe you like to travel and have dreams of going to exotic places.

To get these things it takes both MONEY and TIME…something that 85% of everyone walking around you wants more of.

To become a Master it takes someone who is willing to be EDUCATED and have a strong FOCUS and is willing to take ACTION. What is great about online marketing is you can be "Earning while you are learning." In fact there are many people making nice incomes who don't consider themselves "Masters" yet. Focusing on your goal and not getting distracted is another key skill that a "Master" needs to have. Too many people are chasing after shinny objects these days.

Online Marketing actually works. You just have to focus and actually apply your self.

So what else does it take to me an Online Marketing Master?

I really feel that first realizing the opportunity and potential is super important. Listen… it's no secret that the Internet is creating many many new opportunities and wealth out there. This is an undeniable fact… not just talk.

The big question that people have out there is…

"I''m just brand new and know nothing about marketing or selling things on the Internet, how could I ever make it happen for me online?"

The truth is, everyone who wants to become a Master has to start somewhere right? I mean there was a time you didn't know how to do email and surf the web….now you do if you are reading this! There was a time you didn't know how to read a book, ride a bike, drive a car…but at some point you took action to learn.

That is really the key here. Take the time and the effort to learn and not just learn but do.

Now having a great mentor, the right training and a system to make it happen are critical.

Combine all this and your chances for success are almost guaranteed…as long as you don't quit and work at it.

The goal of the Online Marketing Masters Workshop is to do what I've mentioned above. Take someone who is just starting out and take them to success by guiding them along the path of already successful online marketers.

It's also part of an online marketing system I use to run my home business….The Simple Money System.

So if you would like to check it out to see what we are doing here is what I recommend…

Check out this video talking about the Online Marketing Masters Workshop and what it's all about.

Then watch the video below to find out more about Simple Money System and how you can become an Online Marketing Master yourself…even if you have no idea on where to get started!

Watch This Video

…and follow the simple steps. It's working for me and thousands of others out there online.

watch

Carlos-Samaniego-2Carlos Samaniego

(909) 570-1103

Work With Me

 

How To Get The Internet To Make Your Mortgage Payment

Do you have a mortgage or rent payment? Most of us do. I'm sure the favorite part of your month is making that monthly payment right?

Ya right!

Doesn't it seem like those payments are always just a little more than we would like them to be and by the time we write that check there is not much left? One of my mentors tells the story of how he could never save more than $200 in his bank account between paycheck to paycheck…the idea of not having a house payment was really a dream to him.house

Did you know that most bankruptcies could be prevented if people had just an extra $200 to $300 a month?

There are a lot of programs out there that teach you how to save money. These are all really good, but there is one way that trumps all of these money-saving programs.

Just make more money.

Many people out there have resigned themselves to getting that weekly paycheck and that once a year 3% raise that barely keeps up with inflation.

Ok so lets get real here and do something about it.

What if you could make enough EXTRA money each month to make your house payment? Would that make a difference in your life?

My mentor tells the story of how he had a goal to make an extra $50 a month. This amount is exactly what he needed to make his house payment at the time. The one thing he knew is that this money wasn't just going to magically appear. He was going to have to do something for it.

Then along came the Internet which opened up a new world for him. Within a few months he had hit that goal of $50 a day and essentially now his house was paid for! Of course he didn't like to pay interest so his next goal was $100 a day. What he found that getting to that next $100 was a lot easier and in fact within 6 months he was hitting $500 a day and soon after that $1,000 a day.

Ok, so I know that to many people who have never done anything online before it's hard to comprehend this. In fact many of has have to re-program the way we think about earning money. The Internet has really changed everything.

It's now possible for the stay-at-home mom to make an extra income working a little bit here and there as she juggles her busy schedule around the family.

It's now possible for the busy Dad who is always working and wishes he had more time with the family to get an Internet business started that can potentially take over and pass the income he is making at his current job.

It's now possible for the retired person to actually HAVE a retirement if they want it.

The Internet has made it possible and there are multiple ways online to do it. You just have to start looking. If you are looking and are ready to take some action, go check out what is working for me online. Watch the video below and it will explain.

Watch This Video

…and follow the simple steps. It's working for me and thousands of others out there online.

watch

Carlos-Samaniego-2Carlos Samaniego

Have a question just call me: (909)570-1103

 Click here Now -Work With Me 

 

PS: Holiday's around the corner. Learn how to get paid to send out greeting cards. Click Here

Earn Extra $1000 a month

  

Earlier today, my business partner Joel Peterson posted a great video on how he is not only earning $1000 a month, but over 10 times that amount every month with his simple internet business.

Many of you know Elizabeth and I, have been full time home business owners over 6+ years what you may not know our team have help hundreds of people all over the country get started in their own home business.

Well today, Joel was telling me we are looking to expand our business even more and need help. So he shot this video here is what he had to say:

"..I just shot this quick video walking you through my accounts. This will be my first month cracking $10,000 but what is more exciting to me is to see how everyone else is doing.
… walking people through my accounts and showing the numbers. My goal is to be making $100,000 a month in the next 12 months and I can only do that if I help a bunch of YOU hit your goals."
 
 
That makes me excited to hear that he is here to help all of us make an extra $250, $500, $1000 a month or more if you want it.
 
 
 
Watch the video right now just click the image below:
 
 
 
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