The Cutting Edge of Fun in MLM
Dr. Eileen Silva © 2007
email: ensilva@aol.com
web: http://www.easilymakingmoney.com/
In our enthusiasm to get serious about making money in MLM, sometimes we forget about the real attraction of our industry: having fun being our own boss while improving our lifestyle with extra money that we weren’t making before.
We call those wonderful extras you now enjoy (that were financially out of your reach before you started your home-based business) “life enhancements.”
They include, but are not limited to luxurious travel, sleek new automobiles, fancy restaurant dining, airline upgrades, prestigious addresses, designer furnishings, private schools for your children, mad money in your pocket, and jewelry, lots of jewelry.
I still smile as I remember my days as a schoolteacher with a rapidly exploding extra income in MLM. I was so successful that before I left the field of education, I was the last person in the school (over 150 teachers) to pick up my check.
It wasn’t that I didn’t want it. It was that I didn’t need it, and I was so involved in what I was doing everywhere --- loving both my job and my MLM sideline even more because of my enhanced lifestyle --- that I simply couldn’t spend all that money fast enough to need more.
Usually, when successful MLMers like me are still working both MLM and their original careers, they have a spectacular lifestyle enhancement. However, many times, when they quit their job to go fulltime MLM, suddenly the fun goes out of the situation. Here’s why, in my observation.
First of all, a $2000 or $3000 monthly check in MLM, when earned along with a primary income intact is really gravy, a great way to spoil the family and live it up. Without a primary income, you must apply your $2000 to $3000 monthly MLM income to all your normal living expenses and the benefits that are no longer paid for by someone else --- holidays, vacations, medical insurance, sick leave and taxes.
The primary income job also used to provide two very important fringe benefits, forced time management and contacts . . . fresh contacts for MLM. Many of those I know who enjoyed a carefree exciting MLM career part-time saw the fun go right out of it when they prematurely quit their primary jobs. For lots of those people, languishing in bed or in front of the television with multiple visits to the refrigerator became the order of the day.
I always encourage up-and-coming distributors to ask themselves some soul-searching questions before deciding to go fulltime in MLM:
1) Analyze your school career. Were you able to turn your work in on time and be a
class leader?
2) Are you a good money manager?
3) Are you now structured in your time management and business?
4) Do you have a written business plan?
5) Have you arranged for your benefits and are you withholding your taxes?
6) Is your MLM income 150% or more of your primary income?
7) Have your consistently made that income for 3 or more months?
8) Is your company more than 2 years old (98% of new companies won’t succeed)?
9) Have you got over 1000 people in your organization?
10) Is your family behind you on this decision?
11) Do you have cash reserves to carry your expenses for 6 months or more?
12) Do you love both your product and your MLM colleagues?
For those who don’t see themselves able to successfully negotiate the landmine of full-time self-employment after considering the questions listed above, I have good news for you! In our industry, you can make a full-time income with a part-time effort.
Actually, that’s how you have the most fun of all! Become a living example of how MLM can enhance the lives of ordinary people like you and me. Keep making “their” money and “our” money, thus taking the pressure off your MLM career . . . so that you truly can have it all and have fun at the same time!
Dr. Eileen Silva © 2007
email: ensilva@aol.com
web: http://www.easilymakingmoney.com/
In our enthusiasm to get serious about making money in MLM, sometimes we forget about the real attraction of our industry: having fun being our own boss while improving our lifestyle with extra money that we weren’t making before.
We call those wonderful extras you now enjoy (that were financially out of your reach before you started your home-based business) “life enhancements.”
They include, but are not limited to luxurious travel, sleek new automobiles, fancy restaurant dining, airline upgrades, prestigious addresses, designer furnishings, private schools for your children, mad money in your pocket, and jewelry, lots of jewelry.
I still smile as I remember my days as a schoolteacher with a rapidly exploding extra income in MLM. I was so successful that before I left the field of education, I was the last person in the school (over 150 teachers) to pick up my check.
It wasn’t that I didn’t want it. It was that I didn’t need it, and I was so involved in what I was doing everywhere --- loving both my job and my MLM sideline even more because of my enhanced lifestyle --- that I simply couldn’t spend all that money fast enough to need more.
Usually, when successful MLMers like me are still working both MLM and their original careers, they have a spectacular lifestyle enhancement. However, many times, when they quit their job to go fulltime MLM, suddenly the fun goes out of the situation. Here’s why, in my observation.
First of all, a $2000 or $3000 monthly check in MLM, when earned along with a primary income intact is really gravy, a great way to spoil the family and live it up. Without a primary income, you must apply your $2000 to $3000 monthly MLM income to all your normal living expenses and the benefits that are no longer paid for by someone else --- holidays, vacations, medical insurance, sick leave and taxes.
The primary income job also used to provide two very important fringe benefits, forced time management and contacts . . . fresh contacts for MLM. Many of those I know who enjoyed a carefree exciting MLM career part-time saw the fun go right out of it when they prematurely quit their primary jobs. For lots of those people, languishing in bed or in front of the television with multiple visits to the refrigerator became the order of the day.
I always encourage up-and-coming distributors to ask themselves some soul-searching questions before deciding to go fulltime in MLM:
1) Analyze your school career. Were you able to turn your work in on time and be a
class leader?
2) Are you a good money manager?
3) Are you now structured in your time management and business?
4) Do you have a written business plan?
5) Have you arranged for your benefits and are you withholding your taxes?
6) Is your MLM income 150% or more of your primary income?
7) Have your consistently made that income for 3 or more months?
8) Is your company more than 2 years old (98% of new companies won’t succeed)?
9) Have you got over 1000 people in your organization?
10) Is your family behind you on this decision?
11) Do you have cash reserves to carry your expenses for 6 months or more?
12) Do you love both your product and your MLM colleagues?
For those who don’t see themselves able to successfully negotiate the landmine of full-time self-employment after considering the questions listed above, I have good news for you! In our industry, you can make a full-time income with a part-time effort.
Actually, that’s how you have the most fun of all! Become a living example of how MLM can enhance the lives of ordinary people like you and me. Keep making “their” money and “our” money, thus taking the pressure off your MLM career . . . so that you truly can have it all and have fun at the same time!
posted by Eileen Silva, Ph.D.,N.D. @ 9:30 AM
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