Direct Sales in Your Retirement Years
Some time in your life, someone has approached you to join their company – direct sales, network marketing or multi-level marketing – they promise you a chance for more income without the 9-5, be your own boss, make your own hours, and be around the people you want to be around. You know the deal that I’m talking about.
This business plan has been around for over 100 years and is still going strong. They have exploded with the recent economy the way it has been and will continue to grow into the next few decades.
This is the perfect time to get started while you still have income coming in from your job. Statistics estimate that half of all baby boomers (76 million) think about starting a business and a massive trend is in place now.
People close to retirement are worn-out from years of the corporate grind and don’t feel the connection they once had with their jobs and the people it impacts outside of the workplace. They’re shifting focus to a desire to be a part of something bigger and better than themselves…to have a positive impact on others… and working in retirement. And they are doing this in the direct sales market.
Why you might ask
Direct selling programs offer low barriers in owning your business. Often providing training, support, and leadership along the way. Retirees are beginning to realize they need activities that keep them busy, relevant, in good health and connected to others. The time, energy and cost to be a part of direct sales companies make them very appealing to large groups of the population that is caught up in these dynamics.
There are many many reasons people get started in direct sales. A lady that was interviewed on the subject stated that she joined for a way to meet new people. She just remarried and moved to a new place. She’s been in the business for about a decade and has built a nice small business with family and friends. This would be a great way for military spouses to meet new people as well.
Another lady said that she was able to replace her full time income after working part-time for three years. She stated that you have to treat it like a business and work it for a full time income. The rewards are so worth it.
“The interviews and psychological connections lead me to conclude that MLM and NM companies, along with other small businesses opportunities, are important considerations for anyone entering retirement. In fact, I believe the concept of starting a business for retirement income will become one of the most significant trends impacting retirement in the 21st century. But it has to start with redefining entrepreneurship and framing it into a retirement lifestyle. That means helping people find ways to turn a passion, hobby, or personal desire into extra money in their pocket… not to mention helping people see the importance of planning for the non-financial aspects of retirement such as replacing a work identity, staying relevant and connected, as well as keeping mentally and physically fit.”
“Something multi-level marketing as well as network marketing companies are poised to capitalize on. As a result, the industry could soon experience larger than life growth, spurred by baby boomers looking to adjust their retirement feelings and plans.”
My final recommendation is don’t wait until you retire, start now and then you’ll have the income when you do retire.
To read the original article from Forbes click here