Someone asked me the other day, "Can I really make money faster in Liberty League than I can in a normal multi-level marketing pay plan?"
My answer was pretty simple. "Brenda, if you were in a multi-level marketing plan and someone in your downline bought some product this month....you'd probably make $10 or less on that purchase. At that rate, it would take you 8 years and 4 months to earn $1,000 on that customer's purchases.
"In Liberty League, you earn a minimum of $1,000 everytime someone buys a product. And the beautiful thing is that it takes no more time, effort, energy or marketing to earn $1,000 profits as it does to earn $5 profits. You're still going to be 'working' around 15-20 hours a week."
"So, the only question is......what is your time worth? "
It's not hard to figure out.
Tony Rush
Carry Money With You
16 years ago
5 comments:
Love it Tony! My best decision has been to be part of this community!
"So, the only question is......what is your time worth? "
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My time is worth a LOT more than $10 an hour!
Thanks for making me "unemployable", Tony.
LOL
Hi Tony. I was just wondering if you got my question from about a month ago about residual income. I would really love to hear your take.
Hi, Jess. Thanks for your note. I finally found the question you were referring to. My apologies for the delay.
There's no question that residual income exists. In most cases, earning a significant and "non-declining" residual income will require an ongoing level of energy and time.
That's not a bad thing at all. It just means that -- for the most part -- there is no such thing as a "true walkaway residual income" in MLM.
And you can prove this to yourself by doing some polling. See how many people you can find in a traditional MLM pay plan who are earning a non-declining income from a business that they built 10 years ago and haven't touched since.
Take your time; you'll need it. :)
So, with that said, it becomes an issue of "How long do you want to take to hit $35,000 a month" (the figure you mentioned in your previous question).
I can tell you how long it took me. In Liberty League, I had my first $40k+ month in my first 7 months in business.
And MOST of that was completely passive income that required no effort on my part..
So, to me, Jess, it's not a question of whether LLI's pay plan is "better" than MLM. The point is simply that -- yes -- Liberty League does have residual and passive aspects.
Beyond that it's just a question of how quickly you want to reach your goals.
I hope that assists!
Tony Rush
Executive Marketing Council, LLI
Thanks Tony. Good stuff as always.
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