This is the mantra that has been drilled into every MLM prospects head over and over again. This is just one of the selling points that every recruiter uses to try and close the deal. It is old promise of if you start a network marketing company, you will retire in 3-5 years and live off the residual income for the rest of your life. So just how true is it? Is it really possible for the average person to retire 3-5 years in MLM? We are going to take a hard look at this industry and discover the truth about the promise made to so many people. We are going to breakdown what it takes if you want to truly retire in MLM or be part of the 95 percent who fail.



The first thing that you should know is that the industry has taken a whole new direction now with the invention of the Internet. There now exist many network marketing companies online and they offer the possibility for the average person to market with professional tools and advice. In traditional multilevel marketing companies, you had to do most of your recruiting by phone, mail or in person. With Internet network marketing you now have unlimited resources at your fingertips and cost of advertising is greatly reduced with all of the free marketing resources available today.

Here is my list of essential tools that you will need if you want to truly retire 3-5 years in MLM.

A Duplication System

You can't be successful in this business unless you have a way to show your downline a way to duplicate your success. The number one reason that people drop out in a couple of months is because they see no money and get no help from their sponsor. They then move on to the next great offer hoping that this will be the one, only to be disappointed one more time because they get the same results.

If you find something that works you need to share it with your downline. Make them your first priority and make sure they start making money right away so they will stay interested and promote the opportunity to new people offering them the same system that you showed them. The great thing about doing it online is that duplication is a much easier and automated process. You can simply build a website or sales letter and give this away to new affiliates so they can do the same. This will grow your business exponentially over time.

A Communication System

In order to retire 3-5 years in MLM you have to constantly be in contact with your team members and make sure that they are on the right path. It is vital that you answer all their questions about the business and help them in any way getting started on the road to success. Many recruiters tend to ignore their team once they get them into the business and leave them stranded with no road map or support for success.

A great way to keep in contact with your team and send out bulk message updates to everyone is with the use of an auto-responder. With an auto-responder you can collect the e-mail addresses of all your team members and store them online. It is kind of like sending a group message in an e-mail program like Outlook only better. With this auto-responder you can put together a pre-written set of messages and send them out automatically over time at intervals you define. This way you can instantly send out updates and tips for your downline all at once every month without any work on your part except setting up the auto-responder for automation.

Get Your Own Website And Domain Name

If you are serious about retiring 3-5 years in MLM you are going to need to get setup with your own website and domain name. It is important that you establish yourself as an authority in your area and people will trust you and your advice. You can still get your own name registered as a domain. If you can't get a dot com then there are other extensions that will have your name available. After getting a domain you will need a website to establish your presence online. This site can be a portal to your MLM business and also have articles written by you that will bring targeted visitors looking to join a business opportunity.

Finally And Most Important: Take ACTION!

This is the simplest and most important advice you need to know. Just this one word alone can be the deciding factor in your success or failure. The only reason why people don't find success in any are of life is because they fail to take action. You might be used to buying many books on making money and reading them, but have you actually tried really hard to implement the plans laid out for you? This is the one thing that is holding you back from success. All you have to do is set aside a little time out of your day to take some action and over time the effects of it will snowball into something huge.

Now that I have laid out the plan of action for you, you have no excuses. If you really want to retire 3-5 years in MLM or even sooner then stop reading and start taking action. You will be thanking me later when you see your checks increasing monthly from your efforts.