In Network Marketing 77% of distributors in the United States are women.①
Globally that number is 76%. Women are amazing at building and maintaining relationships, which is the key to building huge networks. Women can build and lead big organizations. Global Fortune 500 companies like General Motors, IMB and Pepsi are headed by women. Women are now capable of creating extreme wealth. Studies show the number of wealthy women in the United States is growing as fast as wealthy men.
In America, 45% of millionaires are women. Of those women, 60% of them earned their own fortunes.
They did not receive an inheritance, they earned their wealth. ② Outside direct selling, most small businesses are started by white men over 50 and also tend to have a high failure rate with only around 56% making it to their fifth year. Some people estimate that by 2030, women will control as much as two-thirds of the nation’s wealth.
Women make good targets for network marketers because MLMs have a relatively low-cost entry for representatives. They target stay-at-home moms, military spouses, and other young women to become their own bosses and decide how much time to invest and when! This gives them personal flexibility not available with a regular job with regular hours. Women are more social than men and enjoy having product parties and connecting with their down lines and tend to build more long lasting relationships than men, In many cases they are not trying to become millionaires but just make some extra money and use products and services they like and share them with friends. Also, the startup fees of an MLM are much smaller than starting a small business or a franchise, it is easier to invest in and walk away from these initial costs. It is easier to walk away from $50 to $500 dollars lost than it is $20,000 or more funneled into a small business. The only problem is that most women, and men for that matter, are not successful for many reasons. ③ According to a report by the Federal Trade Commission, 99 percent (99 PERCENT) of representatives lose money from MLM companies.
Another key point is that network marketing presents a level of opportunity unprecedented in any other industry for women who want more flexibility for family or other pursuits outside the standard corporate world. This is particularly true in a time when women are still struggling with equality in the workplace. It will take many more years to close the economic gender gap between men and women.
Network marketing provides a level playing field.
Women should be encouraged to follow whatever path is right for them and their families. Give them the MLM opportunity to learn about business, becoming a leader, building a network and helping others to succeed. In some cases, they become phenomenal successes and change their lives. They would never have been able to achieve the financial rewards they earn in any other way!
GEORGE DUBEC is considered one of the top Internet Marketing Experts in the USA! He started his career in 1995 as VP of sales for a company that produced a TV SET-TOP box that provided Internet to television. In 1997 he became VP of Sales and Marketing for one of the top web design and hosting firms in the Southeast. He hosted and produced the “Internet Business Hour” radio show, broadcast in over 35 markets for 12 years. George became an independent consultant in 2010 and has worked with top companies and organizations to help them use the Internet to promote their products and services successfully and get more traffic and more sales. He has been an outstanding judge for the Web Awards since 2006 reviewing all the top websites in the world! Because of his years of experience, he is considered a top connector in the high tech world, which gives him access to the best resources available, all the latest cutting edge technologies and up to date programs, systems and software.A nationally recognized speaker about “How to do Business on the Internet,” he presents to groups, organizations, companies and at trade shows on a national basis.
GEORGE DUBEC is considered one of the top Internet Marketing Experts in the USA! Digital Marketing Expert (www.georgedubec.com) Author of the “Ultimate Series” at https://tinyurl.com/ultbooks www.magic.123look.com
- VP of Sales for Miami based Set-Top Box company providing Internet to TV (1995 – 1997) - VP of Marketing and Sales for one of the top web design and hosting companies in the Southeast (1997 – 2010) - Producer and host of the “Internet Business Hour” radio show in 35 major markets (1998 – 2010) - Outstanding judge for the Web Awards (www.webaward.org) since 2006 including “Mobile Web Awards,” “Internet Advertising Competition” and “Web Development” - Independent Internet Consultant (2010 to present) helping top companies use the Internet effectively to promote their products and services - National speaker at trade shows, technology events, seminars and for major corporations presenting the latest, up to date information about the Internet and technology