MLM Ranking: How does network marketing compare to other industries?

mlm rankingThis MLM ranking post is not going to be like others. While I’m not going to give you a list of network marketing companies ranked from the best mlm companies to the worst – how can that be objectively done anyway – I posted a question on Facebook and was, at the same time, both surprised and not surprised by the responses.
You see, I am in the network marketing industry – full disclosure. I work with people who were previously in every one of these professions. I also work with people who are still in every one of these professions. I didn’t pick these industries just willy-nilly, however. Each of these, at one point or another, are considered to allow corresponding professionals to “make it big” and create what I call “lifestyle unlimited“. The question here is, “Does it?”
In order to find that out, and to create what I’m calling an MLM ranking – albeit informally – I went to Facebook, of course!
Here is my question:

What is the best industry to get into these days? a) real estate b) network marketing c) medicine d) law e) personal trainer f) other – which has the potential to create the best lifestyle?

MLM Ranking suggests “law” under-represented

With over a dozen responses, unfortunately, nobody commented about the Law profession other than the amount of education required. Now, we all know that professionals in this arena require tremendous amounts of education and years of hard work before they really get into the big bucks. Once – if – a lawyer gets into the big money, there is a question as to what their lifestyle has become, given the late nights and time away from family, etc. Then again, maybe that is part of the goal. Anyway, I’m not speaking from experience, but perhaps it’s not all it is cracked up to be. I’d love some comments below on this!

MLM Ranking versus Real Estate

One response specifically addressed real estate:

I think Real Estate is always good, but being savvy is important at this time…

Another responded conversely:

Real Estate? are you kidding, certainly not in Florida.

MLM Ranking versus Medicine

A response from a person whom I know to be a leading NYC doctor put it bluntly:

DEFINITELY NOT Medicine!!!!

And someone else followed this up with:

We should all be scared that great docs like […] are seeking an exit plan from medicine.

Wow! Does that sum up an MLM ranking versus the medical industry???

MLM Ranking suggests Network Marketing ROCKS!!!

By far, based on the comments I received from this question, this MLM ranking skews toward network marketing. To be fair, I expected this. What is more telling, however, are the comments – and that is what I wanted to share with you here! For example, one person responded:

Network Marketing. No special schooling, learn while you earn, minimum investment, great income potential, work part time with your present job or full time once you build it to the point where you can replace your present job if that’s what you want to do. Does that answer your question?

One of my friends, a corporate guy, responded:

Yea man, I was [a corporate guy]. Network Marketing is realistically the most ingenious business model and pay structure there is. I relate it to phones. I think of Franchises as the first Cell Phones and Network Marketing as the Iphone type phone! All the rest are like going back to a landline and rotary phone!
I was definitely “stuck” in the corp and small biz worlds for 20+ years. Stuck really is what defines those worlds and you’re stuck ALONE. If you own the small business it requires huge startup costs, personal time and you still have to market and sell your products or services on your own. If you work in a corporate company environment and you’re not at the top of the org chart then your growth is limited to what someone else “thinks”. It’s most often not performance driven. Personal financial growth is limited by factors such as levels, caps, friendships and seniority. Don’t get me wrong, you can often obtain a great salary but it’s still just enough and not too much so that they keep you.
The right Network Marketing Company screams, “Opportunity!” They say, “Here are the products, marketing and sales tools you need to grow your business, now go grow your business and let us know if you need anything.” If you want to run it like a small business you can without the thousands of $$$ needed to start. You can buy your products at wholesale prices and sell them retail just like any other retailer. Or, you can run your Network Marketing Business like the CEO of a big business without the employee limitations and millions of $$$ needed to start. Unlimited grow shared with others equaling exponential growth. You and others can make millions while the company does as well! It’s incredible.

Finally, and the last comment (to-date) supporting the network marketing industry – and I think this sums it up very concisely – was this:

I choose B – (and all the others can benefit from it too to make their incomes better)

Profound, huh?

How would your industry compare to network marketing in our MLM ranking?

I’m not naive enough to think that network marketing is for everyone but it does offer opportunities that few other industries offer. Granted, it may not be what everyone wants. Certainly there are folks out there that recognize the fact that they do NOT have entrepreneurial initiative. That’s perfectly OK. You reap what you sow.
Working in the network marketing industry is not a guarantee. Even within the network marketing industry, given the thousands of different companies in existence at any given time, some are better and some are worse – perhaps the MLM ranking that you were looking for (that probably doesn’t objectively exist!). In fact, some companies are better for certain people to align with than others. I know some folks that were unsuccessful in a dozen MLM companies before they exploded with success in another!
All of that said, personally, I have exploded with success!!! I have aligned myself with what I feel is a magnificent company that you can read about here. I’d love to tell you more about it. Leave a comment below, fill in the form to the right or below, or give me a call: 203-244-5405!
Thanks for allowing me to share this MLM ranking!
Drew
PS: For all of you who have belief in your heart and sole regarding network marketing and have met somebody like this, here’s a hilarious cartoon on the misconceptions between network marketing and pyramid scheme.




PPS: I have left the names of these many Facebook posters out of this MLM ranking post. Apologies. While credit is certainly due, I also wanted to respect your anonymity. If you want to shout out, please leave a comment and elaborate below. For those that want to see who said what, just Friend me!


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New here? If you’re just getting here for the first time, fear not! Have an opinion about this MLM ranking, share it! Want more information? Ask for it! All you have to do is put your name and e-mail in the little box below. Presto!
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Feel free to go to my Facebook wall and suggest other industries for our next MLM ranking post!

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Comments

  • THEmlmSKEPTIC February 14, 2011 at 5:56 pm

    Very funny Drew! Love the pyramid scheme video and how the blog covered industries and area that don’t normally come up when someone does a MLM Ranking. It was creative and funny. Like me, once a person takes the time to educate them self and truly understand Network Marketing, the skepticism is replaced with opportunity and dreams fulfillment. –Mike

    Reply
  • Drew Berman February 15, 2011 at 7:41 pm

    hey Mike – I love that you are the mlmskeptic – mlmskeptic converted that is. you’re story is going to impact a lot of people. You got the gist of what we tried to accomplish in MLM Ranking: How does network marketing compare to other industries?
    people need to understand that this industry has matured over the years… stick around Mike, we will help you hit your health, wealth and time freedom goals

    Reply
  • Robert C. February 16, 2011 at 3:32 am

    Drew – My wife and I were skeptical at first. Many year ago (30+) we were approached to join a few MLM companies. We felt very uncomfortable. It just didn’t feel right. The people appeared “slick”. More interested in themselves than they’re soon to be downline. We passed on all of them. However, recently we were re-introduced to MLM. What we found this time was a complete 180 degree turn-around from our initial experience. This caused us to investigate MLM much deeper than before. What we realized was that there was an unbelievable opportunity staring us in the face. We also found out that it’s the people running the MLM company that counts. It was not that MLM was bad the first time around, it was the “slick” people. Through our investigation this time around we found that a person involved with MLM using it as the vehicle it was designed to be, can influence many people. if that person runs his/her business correctly, and has a quality product and or service to offer, he/she can literally positively effect tens of thousand of people. That one person in MLM can help improve their lives, their wealth and with the right product their health……..and become wealthy doing it! What better way to make an impact on this earth can there be? – We’re happy we’re a part of this great opportunity. – Bob and Bonnie

    Reply
  • Steven Dean February 17, 2011 at 7:51 pm

    Ding Ding Ding Network Marketing seems to be the winner. If people were paid what they were worth, to have to go through all that rigorous training, schooling, and financial loss. Then learning all those other career professions wouldn’t be so bad. People who go through that are stuck paying back their loans and still struggling to a certain degree, but not quite living the lifestyle that they see fit or having the time freedom. They may be able to afford the little finer things in life but probably some of it is all show. I will have to say that we do still need lawyers and doctors but they should get some of the benefits that network marketing carries. Thanks for sharing and loved the video.
    Steven Dean

    Reply
  • Ernie February 22, 2011 at 4:00 pm

    As someone new to MLM most of this information is new to me and along the way I meet a lot of skeptics. One of the first things I realized is that this business is not for everyone, something you mentioned Drew. However, if you have the drive and self-disciple anyone can achieve success in MLM.
    One of the best things about this article MLM Ranking: How does network marketing compare to other industries? And MLM is you don’t have to dive into EVERY MLM product that comes across your desk. It’s your business. Pick and choose whatever you want; after all you are the one who has to sell it so why not choose something that you believe in? In comparison to other businesses this gives you many freedoms. Many of these other industries are all business political products that get trickled down to the sales folk. In the Real estate industry, you are selling whatever is on the market and not a product that you chose.

    Reply
  • Jerry May 20, 2011 at 6:31 am

    Love it Drew!

    Reply
  • mlm October 30, 2011 at 2:06 pm

    I like the valuable information you provide to your articles. I’ll bookmark your weblog and check again here regularly. I’m moderately sure I will learn plenty of new stuff right right here! Good luck for the following!

    Reply
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