Cash Flow and the First Year

You may have heard that most people who start home based businesses quit (fail) within the first 2 years. Why is that? There are lots of causes of failure in Network Marketing, but a significant cause of early failure is negative cash flow. That’s where you spend more money on your business than you take in. A lot of Network Marketing companies are set up to fail because they have expensive ongoing costs. These are often in the form of high monthly fees or inventory purchasing requirements (or some combination of both). This leaves the problem of how the person starting up the business will fund the business until such time as the business begins producing revenue.

Let’s face it in most network marketing endeavors, it will be at least a few months before decent checks start coming in. And that’s probably a best case scenario. Most people won’t begin to see an appreciable return on their business for 6 months to a year (or longer depending on the level of effort put in). This is disappointing news for some people who “want it now”, but the reality of any business is that they take time to monetize.

So the question for you is can you afford to fund the business while you are building it? How does $50 per month sound? That’s the ongoing costs of a MyWirelessRep business. No add ons, no extra or hidden charges. Just $50 per month. That’s piggy bank money and you know if you’re serious about building a home based business, you can come up with that. You won’t find a business with that low of a monthly overhead anywhere I know of. You can sign up on this page. All the best!