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!

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.

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
Sales Expert
krosen_80
Ask Keith Rosen, Our
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