How to Grow Your Downline in the 2008 Recession
As the Economy Goes South, It's a Great Time to Be a Network Marketer!
If You're Happy About the Recession & You Know It, Clap Your Hands!
Are you clapping yet? Well if you're not, you will be once you start seeing your checks roll in later this year. Of course, you might be cheering and dancing all the way to the bank!
Ladies and gentlemen, it seems that we are headed full-tilt into a recession in the US economy. Place blame where you'd like, but it doesn't matter. All that matters is that all signs indicate we are on a express train to Recessiontown, with possible connecting service to Depressionville.
To me, that railroad sound of chugga-chugga-chugga sounds more like cha-ching!
What is a Recession? Why Your Business Cares!
Most of the financial press defines an economic recession as a decline in any country's gross domestic product (GDP), or negative real economic growth, for two or more successive quarters of a year.
Here in the US, the National Bureau of Economic Research is the government's official source of economic turning point dates. They say when an economic downturn has officially become a recession.
They say, "A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales."
That's very helpful right?!?
How the Recession Will Fatten Your Pockets
All that matters for you is that a recession is a time when people are making and spending less money. People will be getting laid off and will be seeking income. Those "lucky" enough to keep their jobs will realize their dollar isn't going as far anymore and will start searching for more sources of income...
That's where you come into play!
Historically, whenever the economy has dipped, network marketing has exploded a few months later. Look back at the early 90s when pre-internet companies MLMs took off. Shoot, look just back to the end of the dot-com boom. Network marketing explosion!
Now, we are on the verge of yet another recession and yet another network marketing boom!
Is your business going to explode too?
Now is the Perfect Time to Use Magnetic Sponsoring's Techniques
Watch the news in the coming months as the dominoes start to topple. As times get tougher and the big layoffs start coming, people all over the US will start to tighten their belts. They will seek out ways to make their lives better.
They will want to find a way to make more money, but will you be there to provide it for them? Have you used the techniques shared by Mike and the other great people in the Magnetic Sponsoring community to get your message in front of the hundreds of thousands of people that are going to come seeking a new source of income? Are you going to be able to make them part of your downline?
If you can't enthusiastically answer YES! YES! YES! like Meg Ryan in "When Harry Met Sally," then it's time. Time for you to...
Get Off Your Butt and Put Magnetic Sponsoring to Work for YOU
The best time to to lay the groundwork for your network marketing success is six to twelve months ago, but we can't all be Fernando Ceballos. Some of us are just getting on board with network marketing or have just been hesitant to put the MS lessons to work.
If this is you, don't fret! All we have is the time we are given. So RIGHT NOW is the best time for you to start building your network marketing millions! Get going!
In just a few months, people will be FLOODING into Magnetic Sponsoring and Network Marketing will grow by double digits.
For those of you who are brand new to network marketing or just brand new to MS, read Mike's book and check out all the valuable content provided by your fellow community members. Take one deep breath and start putting it into action TODAY!!!
Get off your butt and start putting Magnetic Sponsoring to work for you!
Go ahead and comment below if this stirred you to action. What step did you take today? Tell us all about it!
================Please Rate This Article==================
Ryan is a recovering rocket scientist and engineer who now just wants to help people become financially independent. He wants to help people stop working just to get a paycheck and start working to help solve the world's problems. You can find him at WhoIsRyan.com or at Attraction Marketing Formula.
About the Author: Ryan Whitaker
Member Since: 01/17/2008
Industry: No Industry Selected
Primary Web Site: AttractionMarketingFormula.com/ryan


Nice Dude
Absolutely true! I've been waiting for these down times for a couple of years. Glad the bad times finally kicked in.
Ryan is actually another MIT Engineer I sucked into doing MLM (yes, there's more!) We played varsity football together.
Ryan, post some of your MIT football action shots on your profile. I'm sure people will love to see. ;)
Great article on why do MLM hard this year
Hey man great article, i really enjoyed reading. You've given a brilliant argument for why it's time now to work hard on your Network Marketing business and take it to the next level. Rich people even in depressions make money because they change strategy. That's us here. Excellent job with the article.
Jim
Well said Ryan,
This is a great time to take advantage of the situation we're in now.
Michael
Thank You
Excellent point. I agree that six to twelve months ago would have been ideal timing for groundwork. However, MS offers years of the "brick and mortar" (used loosely)to build on. Thank you all for the continued support and encouragement to newbies like me...
Thanks All!
Thanks for your kind words. You guys are enough to make sure that my first MS article post won't be my last! Thanks again!
Reminded me of that time when I started
This article reminded me of the times I got started. I started network marketing in 2001 and that was just after the dot-com bust. I found that it is easier to sponsor people in recession than in boom times.
Yours Financially Free,
Willy Lim
Warren Buffet knew it before us
If the greatest investor in the world (Warren Buffet) turned to Network Marketing recently by purchasing companies, it must say something about recession. He knows where the money will be, and so should you.
Great Tips on Networking Timing
Thanks, Ryan, for the post. I know there are many newbies out there that are wondering if the economy will negatively affect their new venture and you brought it right out in the open for them.
I have never done MLM in a recession, so am looking forward to the explosive growth as a result of the homework I have been doing.
Sincerely,
Karilee Valeriano