Wednesday, December 2, 2015

Getting Extra Income : Yes or No?

(Do contact me if you want their contact, pohmeikpm@gmail.com)


Teenagers today are desperate. Believe it or not, we are desperate to be financial stable despite we are still studying; we are desperate to have our own career at this young age.

Would you mind sharing with me? Have you received any pamphlet or brochure, telling you how you could earn extra money with flexible working time and total freedom? Only after you’ve contacted them, realizing they are either direct sales agent or insurance agent.

You can tell me you’ve never encounter any of them. But I had. I couldn’t comment on how right or how wrong direct sales and insurance agent are, there must be reasons why they exist and they are developing fast. But there are also reasons of their high turnover rate. The person you saw last year in the organisation might not be a member anymore a year after.  

If you were being exposed to this platform, been given an ‘opportunity’ to join this stream, as one of them who could earn extra money when you are studying, with time flexibility and retired at the age of 50 and still getting 5 digits income every month.

Well before you really get started, it’s advisable to consider the following:

1.            Understand what you are going to do.


Direct selling is a method of marketing and retailing goods and services directly to the consumers, in their homes or in any other location away from permanent retail premises. But direct selling is one thing, involving in Multi Level Marketing is another. In MLM, you are not only getting profit from your own product selling but including your recruit and recruit’s recruit. You are still selling products direct to customer, but thinking about the commission taken from each sale, I wondered how much the cost for each product is.

2.            Are you ready, from all sense.


It’s never easy to be a good direct sales. If you did not aim to be one of the best out of them, you couldn’t earn much. Definitely less than the basic salary you would get from a proper job and not hitting quota will be expel from the team. Not forgetting your team leader will motivate (brainwashed) you to be more proactive and generate sales.

Meanwhile, are you ready to contribute your time and effort into it? In direct selling, it’s never enough wanting something, are you prepared to work for what you want? How much effort and time you put in reflect how much you could earn. Direct selling do now just involve product selling, but also attending training, members recruiting, product ordering and handling paperwork. There is more work that you could have imagined. However, there are no clear demarcations showing how much effort equivalent to the amount you should earn.

Simultaneously, you have to come out with a prospect list. Before you could kick start you direct selling career, you have to come out with a list of name that you think they would purchase from you. Most of the time the list started off from your family members and friends. After you have exploited them, you will slowly direct your potential prospect to new friends or even stranger. This would be great for people who like knowing new friends, but definitely not so good for them who couldn’t make friends fast.

3.            Ask, and search. 


There are too many direct sale companies out there. Make sure you understand what the company is doing. What type of products they are selling? What about the reviews? Are they reliable? If you are concern that your friend might be hiding something from you, you can always Google.  Of course you can also go to Direct Sales Association to check the reliability of the direct sales company.


All in all, you have to make up your own decision. Try asking yourself:

1. How much money you wanted to earn in the coming 5 years?
2. How are you going to earn that amount of money you want?
3. What do you want the money for?
4. What type of life you were picturing in the next 5 years?
5. What type of person you wanted to be?


 For further reading, visit Can You Really Make Money in Direct Sales?

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