It is quite common for people to compare the profession of Network Marketing to Franchises.  After all, both are relatively new business structures (having been around for under 100 years).  Moreover, they both allow people to own businesses within a successful system.

We are all familiar with well-known franchises such as McDonalds, Holiday Inn, Domino's Pizza and the like. However, many still don't understand how this business model compares with Network Marketing/Multi-Level Marketing (MLM).  Are you ready?  

Here's the key: Network Marketing brought the idea of franchising to the masses.  It makes starting a business more affordable, with greater support and with the same high-reward potential seen with traditional franchising.  

Similarities between Franchises and Network Marketing Businesses
Both produce a wide range of viable products and services
Both provide a proven system and blueprint for owners to follow
Both require an investment to launch
Both provide training and support to owner-operators
Both are multibillion dollar industries 
Both rely on customers to drive sales


Differences between Franchises and Network Marketing

The answer depends on you.  Most people simply do not have the resources to invest in a major franchise.  I remember attending a franchise workshop where it was commonplace for new owners to borrow against their home and other possessions to launch a franchise in the hope of achieving success.  If you are adverse to a five or six figure investment, franchising may not be a wise move.  Yet others may have the resources and passion to pursue franchising.  However, I am very biased in favor of the network marketing model.

A friend of mine who is also a top earner in our network marketing business used to want to be a franchisee for years.  He and several members of his family spent plenty of time researching various business systems. However they ran into these common issues: the businesses that made sense were too expensive to invest in.  And on the flipside, the businesses with a lower investment didn't seem to make sense.  Upon learning about our business, they decided to take a closer look and today they, and so many others, became multimillionaires.  Nonetheless, whichever business model you choose, be sure to do your due diligence and follow the system!

If you enjoyed this blog, please quickly do me a favor and share with others and comment below.

If you're seeking more information on this incredible opportunity, click here.  If you're looking to enroll and are seeking a sponsor, click here or get back to the person who referred you to this site!  

Cheers!
Ricardo Suber


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Although more and more people understand the basics of network marketing, the goal of this blog is to help you really understand how it works.  To make it simple, I'll give my best definition and will post another general explanation by world renown business adviser, NY Times Best-Seller of "Rich Dad, Poor Dad", and mogul, Robert Kiyosaki along with the proper answer via The Direct Selling Association.  Fair?  Proceed.

My definition: Network Marketing takes the idea of franchising to dens and living rooms.  Similar to any McDonald's or Domino's Pizza, a network marketing company allows someone to invest in a proven business, and market tried and tested products and services.  What makes it unique however are two things: in a network marketing franchise, you have the ability to launch a business, in most cases, for less than $500. Moreover, you have the ability to introduce other business partners to your network, and thus, earn a small commission on all customers that come through them and potentially, your entire network.  Along with myriad tax benefits, this profession has allowed many people to free up their time by building residual income.  This is why so many people, including high paid professionals such as corporate attorneys, doctors, and engineers are flocking to this profession.

The network marketing industry (also known as "Direct Sales") garners nearly $200 Billion Annually and this figure is growing.  People often ask, how is it that network marketing is so lucrative?  It is because most network marketing companies invest millions of dollars in cutting edge products, services and business practices that meet a public demand.  For instance, my company recently completed a record setting $62 Million Dollar deal as it created a health and wellness division.  (Read more about this product and the ingredient deal, here).  

Moreover, companies notice that consumers rely on word of mouth over traditional advertising and are very willing to pass along advertising revenue to these companies.  (This is why our MLM company, 5LINX, deals with various providers such as DirecTV, GE, Sprint, Comcast Verizon and so many more).  Simply stated: Network marketing allows people the chance share products and services via word of mouth to friends and family and get paid for it.  So when people say, "I'm not a salesperson", I typically ask, "How much of a salesperson do you need to be to recommend a good product or service to someone you already know?"  

That's the best way I can explain it.  Still a little foggy?  Check out these two videos.  

Today I met with about a dozen people to share what I do (mostly over the phone but a few in person).  After about the fifth or sixth person, it hit me!  As opposed to about 3 years ago where it felt like NO ONE had a clue what network marketing was--I'm noticing that today, more and more people are either already involved in this profession or know of others who are having a certain degree of success.  (In case you're still a little lost about what Network Marketing is, click here to learn how this business model works!)

I am a firm believer that very soon, it will be soon be normal for people to say "WHICH network marketing company are you in?" and not "Have you ever heard of network marketing?"  As opposed to just a few years ago when I launched my business, many of my friends and colleagues are in the profession or are considering joining.  Those who look into it see the various benefits: generous tax deductions, the ability to earn part time income, and having a flexible and residual income stream.  Many of my business partners as well as myself rely on it as a primary and stable form of income.  For me, personally, it has meant the world.  After being fired from my last full time job, it was a way for me to begin to get my life back.  And as a result of that decision, I continue to get paid from things I did back in 2011 when I started.  I say it often--it wasn't easy by a long shot.  It it was worth it.

Nonetheless, do your research.  In fact I have another blog where I point out over two dozen third party publications which speak to the credibility of this business.  To see that blog, click here.  Either way, if you're seeking a stable way to earn extra income, become your own boss and potentially retire within the next five years, enjoy the following comparison video!

If you enjoyed this blog, please quickly do me a favor and share with others and comment below.

If you're seeking more information on this incredible opportunity, click here.  If you're looking to enroll and are seeking a sponsor, click here or get back to the person who referred you to this site!  

Cheers!
Ricardo Suber


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There are myriad benefits of owning a home based business.  One of these benefits include tremendous tax savings.  Various business advisers discuss in great detail, how the laws in the United States cater to those who own businesses--even those who operate one on a very part time basis!  One such adviser is NY Times Best Selling Author of Rich Dad, Poor Dad, Robert Kiyosaki. 

In the following video, listen to Sandy Botkin, CPA, Esq. outline the various tax benefits that come with owning a home-based business.  Enjoy!

If you enjoyed this blog, please quickly do me a favor and share with others and comment below.

If you're looking for a great home-based business and are seeking a sponsor, click here or get back to the person who referred you to this site!

Cheers!
Ricardo Suber


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