Numbers Don't Lie
I am in a multi level marketing (MLM) business because of the awesome earning potential it provides and its simplicity
. The basic idea is to sponsor as many like minded entrepreneurs and/or customers as you can. There are many options our MLMs teach to help motivate us to meet our financial objectives. One extreme option of meeting your financial objective is to sponsor a hundred people immediately and be a star over night. Wishful thinking - right? By the way, there are a few that can do just that. Many of us MLMer's are taught to focus on sponsoring a set number of people per month and within a certain period of time you will have made it to the top of the mountain.In a previous opportunity, one of my upline used an example where you and everyone else you sponsored recruits 7 each month and within 2 months you would be at what is called diamond level. This is the level where you can make a living at this business. Sounds awesome, but that seems a little to unrealistic for me. But there are other options you may consider as goals to attain your financial independence. This is what I want to explain in this article by using the numbers involved, because numbers don"t lie.
Lets first look at the 7 who gets 7 each month. The first month you are by yourself and you sponsor 7 people. You now have 8 in your organization - you plus the 7 you sponsored at the end of the first month. The next month all 8 of you enroll 7 each. Now you have 64 people (8 X 7 = 56 plus the original 8 = 64) in your organization. If each one is consuming 60 points of volume, that will equal 3840 points. In my primary opportunity, you would be a 4 Star marketer and if you add up all the bonuses, you will be making enough money to live on. If you continue to the end of the 3rd month you will have 512 in your organization. WOW! And it goes on.
Here is a table showing the 7 who get 7 option:
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The numbers are insane. Maybe 7 per month is too ambitious for you and you are more comfortable with 6 or 5, 4, 3, 2 or maybe even 1 as a goal.
Well let us look at the numbers. Here is a table showing the numbers for all options.
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In my current opportunity we us an illustration where you and everyone else just enrolls 2 each and that"s it, and does so their first month. If you do this, you will not make a high rank, but you will be making $4k to 5k per month in just 10 months. Here are the numbers:
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What I have tried to show you, is how the numbers work and used my primary opportunity"s rank structure and compensation plan for illustration only. Your MLM might not be exactly the same but the concept is the same "" the numbers don"t lie. In my illustration, the 3 Star rank will provide enough income to pay for your autoship, the 4 Star rank will provide a good secondary income (if you still have a job), and the 5 Star rank will provide an enough income that we can live on (aka - financially independent).
As you can see, if you are a sponsoring master and everybody you sponsor is the same, you will be financially independent in 2 months. However if you are a nug like me, it may take you a little longer.
This article will hopefully help you in attaining your financial goals. Maybe your goal is three per month and you know in the back of your mind that you can still become financially indepedent in six months instead of three months. That is the way I think.
I hope this article helps you understand a little more about your MLM business.
To your success!
Ed Fugatt
by: Ed Fugatt