You certainly can’t blame people for looking for a new way to make a living. Presently unemployment is more than 10% and less new jobs are available than they were in the 1930′s.
While many have dropped out of the workforce, others are pursuing their dreams of business ownership. But with limited funds and a tight lending market, traditional businesses may be beyond the means of many who are looking at this option. Even for those who do have the capital, dipping their toes in the foreign waters of self employment can be scary.
So for many the options remain few. Start up costs for a new company can scare even the most financially stable individual with; payroll, inventory, equipment purchases space leases, fees and on and on, a person could be invested in a business that hasn’t generated a dime to the tune of $100′s of thousands of dollars, with only a hope and a prayer of success. In many cases, due to lack of experience, or limited availability of cash, these business’s will fail, in fact only 1 out of 5 small businesses survive the first year.
An alternative to starting a business is to buy an existing one, this also can be a risky venture. If you don’t know how to properly analyze the books to verify the accuracy of what the seller is saying, you may be buying your worst nightmare. Also a person is usually selling for a reason, maybe they are about to lose their best customer, or the only person who knows how to run the equipment is about to leave, or the best salesperson is about to go to the competition taking their customers with them. If any of these things happen again it spells disaster. At the same time, you are spending a premium to buy an existing business regardless of whether the current owner has told you the truth or not about their current situation.
So one of the other alternatives is to look at is a franchise. While the risks are lower due to branding and a training methodology that is fairly well proven. You again will pay a premium for that methodology and will also; more then likely have to pay a steep markup to buy products that the franchisor requires you to purchase. Also, when funds get tight some franchisors will be less then scrupulous in an effort to get your franchise fee to keep their doors open. Even if that doesn’t happen, the added costs along with the traditional costs of starting a new business are generally high enough that it will keep most prospective buyers out of the marketplace.
So what are the rest of us to do? There is a business plan that has been around for a long time with very low start up costs, very low overhead and the possibility to work at home. Some people have become rich from this plan, but at present it has a disgraceful reputation. “Network marketing,” more commonly called MLM, is that plan.
MLM credibility has been brought into question by dishonestly of those involved. Sometimes a distributor working lower on the line will not tell the truth about the products or opportunities for sales in the company or will coerce friends or relatives into joining. Sometimes those in control of the company dishonestly represent their products or their marketing opportunities. Sometimes distributors down the line just lack the training to make a go of it. In any case, MLM has suffered PR-wise.
However in almost every company that sells a product, someone makes money off someone else’s sales. For example a sales manager will make a bonus or percentage off his successful salesmen. Owners certainly make their profits from the sales of others. MLM is merely another way to market a product and get it distributed, and actually it is more effective and efficient than a store. It’s very suited for the internet age.
Perhaps many people who never considered MLM are now faced with taking a look at this option. High unemployment forces people to look for new ways to make income, but high costs of starting and continuing a traditional business are easily discouraging. MLM looks more inviting.
The Trump name has always had a reputation for quality, perfection and drive, and for being in at the beginning of a trend. It is associated with success and credibility. So understanding the possibility of MLM or network marketing a new company has been created.
The Trump name is best known for elegance in Real Estate and casinos, but will now become the best known name in the rapidly growing network marketing field. With the formal announcement of the “Trump Network”, a new level of credibility for this once shaky industry has been established.
Since the formal announcement of the “Trump Network” business has already seen a sharp increase. This has attracted attention of top employees of other network marketing groups, who have now left their old (but well paying) jobs for Trump Network. It’s the future. The value of the name alone inspired many to get involved at an early stage in the company.
One of the stated goals of the team is to make more millionaires in the first 24 months of the “Trump Network”, then any other network marketing company in history. For those who have been out of work for many month that may be a very lofty position, but making a solid residual income to replace the job they lost is a much more realistic and achievable goal for many. As with situation where a person decides to get into business there is always risk. Getting with the right company and with a brand as strong as the “Trump Network” can help to mitigate that risk.
Learn about the high quality products and compensation plan with The Trump Network.