Are you looking to start a business from home?
If you’re looking the opportunity market you usually have (3) choices.
Low Ticket/MLM – This is any business that ranges anywhere from $25 – $100 to join.
The advantage – anyone can afford to get involved.
The disadvantage – you have to recruit A LOT of people in order make any decent money.
Mid Ticket – A mid ticket biz opp usually ranges somewhere between $250 and $500 to join. $1000 max.
The advantage – most people can afford to join. 1 or 2 sales per week can supplement your income.
The disadvantage – sometimes people need a couple weeks to put the money together.
Big Ticket – A big ticket biz opp is usually $1000 and above to join.
The advantage – not a lot of people can afford (or just aren’t willing) to pay 1k to start their own business.
This means that the majority of people that reach out to you for more info tend to be a bit more serious than your average “looky-loos”. A looky-loo is someone who requests information but really has no intention to join your business and is asking for information just out of curiosity.
The disadvantage – Big Ticket businesses tend to be a little less automated. It’s almost impossible to get a person to part ways with $1000+ without them first SPEAKING to an actual human being.
I know I personally would NEVER join a big ticket business without first speaking to the person that I am considering joining.
The BIG Disadvantage – Many of the big ticket biz opps are “one and done” compensation plans.
What that means is that you get paid once and then there’s usually not much vested interest there. So once a person collects your funds sometimes they tend to go MIA.
Since they only get paid from you one time they don’t provide very much training or mentorship.
So if you join with the wrong person you’ll wind up spending thousands to join the business, only to find out that you have zero support and are left to fend for yourself.
My Personal Experience
I have no idea why, but in my own experience for me it’s always been easier to get people to join a mid ticket/big ticket business than it is to get them into low ticket.
I don’t really have an explanation for this other than the fact that most people probably just want to make more money faster. Understandably so…
However, this does not mean that a low ticket biz opp is a bad idea… here’s why.
A lot of Network Marketing companies have a low barrier of entry to join. But it requires VISION to see the long term result of building a residual income.
Honestly, I’d much rather have a SOLID $20,000 per month residual coming in every month whether I do any work or not – because with big ticket you’re going to have to start over from ZERO each and every month and do it all over again.
I’ve Chosen THIS COMPANY to be My New Vehicle to Earn Residual Income
If you’re someone who knows how to get laser-focused and you’re willing to put in the work you can’t go wrong building a Network Marketing Business.
But what I already understand is that everyone has different circumstances…
You will need a primary source of income while you’re building up your Network Marketing business.
So you’ll have to do what you have to do in order to make ends meet in the meantime.
This is why I also keep a mid to big ticket business in my portfolio.
Now when I need a nice chunk of cash I can run some ads or whatever it is that I want to do and get a sale for $500, $1000, even $3000 at times.
This influx of cash makes it a lot easier for me to take care of my household expenses while I’m working on building my low ticket (Network Marketing) business up to the point where the residual income grows large enough to supersede your primary income.
So Which Is The Best – Big Ticket or Residual Income
Honestly, I think it depends on who you ask.
If you’re in a big ticket business and you go out there and bust your ass you can get to $30,000 a month with 5 to 10 sales depending on your program.
But you have to keep performing month in month out to sustain this lifestyle.
With Network Marketing in 2-5 years you can build up a substantial residual income, but you always have to worry about the possibility of the company going out of business, etc.
So while I personally lean to the side of Big Ticket, if you’re willing to put in the work with a STABLE network marketing company for a few years you could kick back and earn without doing anymore work.
Final Thoughts
My advice would be to give whatever business model you choose everything you’ve got.
But I’d also being doing you a disservice if I didn’t tell you that I don’t believe it’s safe to keep all of your eggs in one basket no matter what company you’re in.
Now I’m not telling you to go and join a bunch of different businesses…
What I am saying is that you need to learn how to diversify your income and make it work for you however you can.
Whether that be investing some of your money in real estate, stocks, forex, or whatever.
Just make sure that if and when your company changes the comp plan or even worse – goes out of business – that you’re prepared to move forward immediately.
The last thing you want to do is be “scrambling” trying to figure out your next move. Because when you’re under pressure you tend to make more mistakes out of desperation.
So there you have it…
What’s the best between big ticket and low ticket/network marketing.
There is no definitive “best.”
What’s important is what YOUR goals are and the amount of effort you’re willing to put into it so that you can turn your PLAN B into your PLAN A!
If you don’t have the patience for an MLM and you want some RIGHT NOW MONEY this is what I recommend based on the level of support offered by the owner.
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