Small Business Resources, Business Advice and Forms from AllBusiness.com
 

Why Network Marketers Love a Good Recession

Monday, January 21 2008

Everyone's talking the "R" word - Recession in the U.S. There is one headed our way, or depending on who you talk to, there's one already here. Most people fear recession, but one group that doesn't fear it is a handful of successful network marketers. In fact, some of them embrace recession.

Whatever Network Marketing company you point to, there is money to be made in recruiting new people into the business. And in times like these, more people give thought to starting their own home-based business. With downsizing and layoffs occurring at an accelerated pace, people become more receptive to the idea of starting their own home business. People who have had the idea on the back burner for a while may find that it suddenly moves to the forefront.

Network Marketers realize the demand side of this and want to capitalize on it. Recession can be the Network Marketer's friend, but it might not be yours. I'm not saying this is good or bad, but for those people who let recession anxiety drive them to a home based business, remember to do your due diligence. There's plenty to choose from and plenty to run away from!

In addition, make sure to read these articles:

  • Bill Cella
  • Bill Cella's accomplishments in the media business—culminating in his current position as chairman/CEO of media buying powerhouse Magna Global Worldwide—were partly due to a pushy ......
  • Across the Universe
  • Sometimes cadence defines the sentence. For example… ......
  • ACROSS THE UNIVERSE
  • Sometimes cadence defines the sentence. For example… ......
  • Recession on its Way
  • It's as if the headline writers for The New York Times wanted to postpone what seems to be only too apparent: The nation is heading ......
  • Beta Version: Come the recession, Cuddle up with a...
  • As my friends and I slowly turn blue holding our breath, waiting for the Internet Bubble to burst, a jagged intuition about NetEconomics has finally ......
  • How to be certain you survive the recession.
  • Recently I attended the Communications Managers Association (CMA) conference in New York City. While I certainly noted lots of eager vendors, and numerous informative programs, ......
  • Housing glut.
  • Mark Scott, owner of Mark IV Builders, Bethesda, Md., has noticed an inordinate number of foundations in the ground in the upscale neighborhoods in which ......
  • Arena Managers Discuss Recession-Battling Tactics
  • The economic downturn, which accelerated after the Sept. 11 terrorist attacks in the U.S., has forced businessmen across the country to regroup.
  • Will investors tune in network marketers?
  • They're not heavily traded. They have been in trouble with regulators. But network marketers Market America Inc. and International Heritage Inc. are public companies. That ......
  • It'll Take More than Talk Of Recession to Subdue...
  • Hailed as heroes of the late lamented boom, free-spending consumers are now being fitted out for the role of villain. If they suddenly shut their ......
  • Top Economist Tells CMD Audience U.S. Will See...
  • Business Editors DALLAS--(BUSINESS WIRE)--June 27, 2001 Raymond G. Torto says because of continued vibrancy in consumer sector, multi-family and single-family housing industries will remain strong ......
  • County employers are no-shows for the recession
  • Workers Connecticut may very well ask, "What if they had a recession and nobody showed up?" Interviews with officials of several major employers in Fairfield ......
  • Recession and credit markets.
  • Recession and credit markets Bond traders and money managers seem to agree the low interest rate, high growth nature of the U.S. economy in the ......
  • Recession restricts tax cuts in state
  • Gov. Mark Schweiker would like to cut taxes this year for both businesses and working people. His desire, however, is colliding with an economic recession ......
  • Advertising during a recession.
  • Does your company view advertising as an expense or an investment? How have others succeeded during a soft economy? These questions and others are answered ......

Latest Comments in  posts

Yes, it's true. Multi-level marketing companies (pyramid schemes) do prey on consumers even more during economic downturns. It's easier to for people to believe the lie of "financial freedom" when money is tight. Unfortunately, 99% of people who participate in these schemes LOSE MONEY. That's what we call an abusive system. You'll also never hear that statistic from the companies themselves. Who in their right mind would ever sign up if they knew that?
By: Tracy Coenen on 2/8/08 at 5:40 PM
http://www.walletpop.com/2008/01/17/multi-level-marketing-is-counter-cyclical-sign-of-a-pyramid-sch/ ...
By: Tracy Coenen on 2/8/08 at 10:00 PM
http://tinyurl.com/27nzaf ...
By: Tracy Coenen on 2/8/08 at 10:02 PM
I am from the insurance and finance sector. You might enjoy this information. I have overseen 250 million in premium in the construction insurance market place in the past five years. I'm sure your readers will appreciate my view on the economic change. http://pipelinephil.blogspot.com/ ...
By: Philip Duncan on 3/4/08 at 10:51 PM
You must sign-in or sign-up to comment on this post.

Interactive Blogger Map
Use our interactive map to figure out where Bloggers are located

View AllBusiness Bloggers in a larger map
Franchising Expert
mleonard_80
Ask Mark Leonard, Our
Franchising Expert,
Your Question
Small Business Expert
rlesonsky_80
Ask Rieva Lesonsky, Our
Small Business Expert,
Your Question
B2B Sales Expert
jkonrath_80
Ask Jill Konrath, Our
B2B Sales Expert,
Your Question
Business Travel Expert
krosen_80
Ask Ken Walker, Our
Business Travel Expert,
Your Question
Finance Expert
sthacker_80
Ask Sam Thacker, Our
Finance Expert,
Your Question
Invention Expert
Ask Stephen Key, Our
Expert on Licensing Your
Invention, a Question