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Network Marketing is a 60 year-old industry that does about $100 billion annually in 125 different countries. It’s an exploding industry with an estimated 50,000 new distributors entering the industry every week. The corporate downsizing, mergers and forced early retirement is taking a toll on the average (and even above average) worker. The home based business boom is skyrocketing! CNN reported that a new home based business is started every 11 seconds here in the United States alone. It is also possible that the baby boom generation (all 76 million of us) will break the Social Security system. Company retirement programs and 401k programs are not as safe as they used to be, and people are concerned.
Many economic experts are predicting that network marketing will be the franchising of the 21st century. Franchising currently does over $700 billion a year! In the 1950's many people said that franchising was a scam or scheme.
Today, people pay as much as $1 million upfront fees just for the rights to a premier franchise. Yet, the potential income from a single premier franchise is MUCH LOWER than a premier network marketing business.
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