4.4 • 1.9K Ratings
🗓️ 11 April 2017
⏱️ 49 minutes
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About once a week, I get an email asking me for my opinion on network marketing opportunities. So, today, here is my opinion and advice for you!
Joshua
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0:00.0 | About once a week or so I get an email from a listener that goes something like this. |
0:04.0 | Joshua, what do you think about network marketing, aka multi-level marketing? |
0:11.0 | Is it a great business opportunity or should I be careful? Today |
0:16.6 | let's tackle this minefield. Well, Welcome to Radical Personal Finance, the show dedicated to providing you with a knowledge, |
0:38.2 | skills, insight and encouragement you need to live a rich and meaningful life now while building a plan for |
0:45.3 | financial freedom in 10 years or less. Today let's tackle this very important question |
0:50.5 | because done right network marketing could be very profitable |
0:54.4 | done wrong it could cause major problems Network marketing is one of those things where it's increasingly hard for me to believe that we haven't all of us had at least some exposure to it. |
1:15.5 | What I have found is that many people that I've interacted with, usually if we look back and |
1:20.0 | start counting, we can find a couple of network marketing experiences in our history. |
1:24.0 | I know for me I've been involved in at least three of them that I can, maybe two or three of them |
1:30.1 | that I can think of. |
1:31.6 | In high school I got involved with one that featured selling |
1:35.5 | discounted plans for dental expenses. This was a little bit of an ironic exposure |
1:41.0 | early exposure to the world of health expenses which I later went into the health |
1:45.9 | insurance business with. |
1:47.8 | I was involved in a nutritional supplement company that many members of my |
1:52.6 | were involved in. |
1:54.7 | I had a family member that was involved |
1:56.6 | in a company that made air purifiers. |
1:59.7 | My grandmother was involved with the grandaddy of all network marketing companies, |
2:04.2 | the one that sells, you know, my mom always used SA8 as her laundry soap for years and years. |
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