Timing in business is critical. Here is what you need to know:
LifeVantage has been a public traded company since 2003, it sold product in GNC and other retailers until 2009, when it changed from a Retail company to a Network Marketing company. This means that its still very new, but it won’t remain this way. Of all the things that improve over time, the timing with LifeVantage only gets worse. Look, if you want to get involved with a mature network marketing company, great, but the timing is gone in those companies, and the big money makers are already in, and you’ll fight to get anything big going. The Direct Sellers Association says the first 100,000 distributors in a business like this make most of the money, why? Because they’re on top! And like most traditional business where the CEO and the executive staff make most of the money, this is no different. And we’re well under that number.. so its still very new.
See where we are on the chart:
What we know, is when a company hits around 5 million in monthly sales, they reach a point called critical mass, and things really start to take off. Go see where we’re at, LFVN is a public traded company, but don’t wait long, timing won’t last.
your blog post Timing – When does network marketing work and how is LifeVantage and Protandim doing? reminds me of an article I read few years ago. It was a good one, your post is good too and I am really enjoying http://www.doesmlmwork.com/index.php/timing/
Thanks. Timing is everything. LifeVantage is doing good, and is growing fast, we’ve not hit momentum yet. When we look at the numbers, its typically about 5m/ mo in sales, but MOST mlm’s are all distributors, we’re 1/3rd distributors, so I suspect we’ll have to see 10m/mo for momentum to kick in.