The Mind of Vatke
Thoughts, Musings and Advice by Andre Vatke

The NY Times reported today that a poor economy is slamming the brakes on woman’s workplace progress.

“After moving into virtually every occupation, women are being afflicted on a large scale by the same troubles as men: downturns, layoffs, outsourcing, stagnant wages or the discouraging prospect of an outright pay cut. And they are responding as men have, by dropping out or disappearing for a while.” (see full story at NY Times)

Jobs paying $8 or $9 an hour are easy enough to land, according to national surveys. Yet higher paying jobs are in increasing short supply and have greater competition.

The solution for many men and women is network marketing.

With the ability to start a business working sub-part time (8 to 10 hours a week), network marketing (also known as MLM or direct sales) gives families new options in today’s economy. Earning just $500 a month relives a lot of pressure and with added tax saving can equal net earnings of a part time job. Many families earn $1000 to $1500 a month working 10 to 20 hours a week. At this level a network marketing business is equal to a $15 to $20 an hour part time job.

The biggest issue is the hype mentality of the industry that likes to parade the big success stories - folks who earn $30,000 to $100,000 a month. And while many of these success stories are real they actually hinder those just starting by making them impatient for short term riches rather than focused on the process of success. The result is a 97% failure rate.

The bottom line in any business is to first learn how to earn a profit. Once basic expenses are covered the next objective is to build from there. This takes time and a certain amount of dedication - something that is missing from many network marketing ventures.

Learn more about what causes people to fail in network marketing and how not to be one of them.