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The magic of compounding in network marketing

When it comes to creating wealth faster, many people are disillusioned by the network marketing opportunity. I don’t know how it all started, but it seems that many people have this distorted belief that network marketing is a get-rich-quick business. The truth is that network marketing is designed to generate sustainable but growing income in the long term. The keywords here are sustainable and growing.

By sustainable, it means that your income is long-lasting. He always comes in on a regular basis for as long as he is in business. The best thing is that your income will not only flow constantly, but will get bigger and bigger as time goes on, like a snowball effect. But most people only want it big at first and don’t have the perseverance to patiently increase their income.

I have a story that illustrates the power of network marketing well. There were two sons who were about to receive their father’s inheritance. In his will, the father gave his sons two options on how they would like to receive the inheritance. The first option is to receive $ 1 million in equity in a lump sum and the second is to receive 1 cent of investment that was doubled every day for the next month. Both can choose the $ 1 million property or the 1 cent investment. The oldest son chose the million dollars, hired the best business consultant in the country, and quickly came up with a plan to grow his money. The youngest son, on the other hand, chose a 1 cent investment that doubled daily.

Two weeks later, the two met. The older brother had already made a pure profit of 10% from his business, while the younger son only made about $ 80 on his investment. The older, sorry for his brother, begged him to go to the lawyer and ask for a plea to change his decision. The youngest refused.

A month had passed since they received the inheritance. The older brother did very well and made around $ 300,000 in profit, but the cost of the consultant is roughly the same, so he basically had the same net worth of $ 1 million. Meanwhile, the younger brother had a net worth that exceeded $ 5 million! This is the power of compound interest, the best discovery of humanity according to Albert Einstein.

So what is the lesson of this story? There are two main points that I want to highlight for you. First, in network marketing, you start as one and over time your team grows exponentially. This is the advantage of doubling your effort on your downline. If you are in your regular direct selling business, you will have sold 7 products if you sell one daily for a week. With network marketing, you have a total of 64 (2 to the power of 6) downlines of the same time and effort in a week.

Second, midway through, you might not feel like you’ve gotten that close to your goal, but trust me, you’re on the right track and will soon see massive growth if you just stick to the rule. Just like you are eating hamburger today, you will not instantly gain weight the next day, but over the long period of time of constant consumption, you will see the effect.

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