Network Marketing - Trump - Does He Really Believe in the Business Model?

Over the past few years some really big and influential names have thrown their hats into the world of MLM - trying to capitalize on the rapidly growing industry. With the down economy and a shift to home business ownership and network marketing Trump has been one of the business' biggest supporters. In 2009 he started a company called the Trump Network, officially putting his stamp of approval on the industry or did he?"The Donald" has made many references over the years to MLM including a now famous quote on a late night talk show in which he said that if he lost all his money and had to start over again, he'd find a good MLM company and get to work. Network marketing Trump says, has proven itself to be a viable and rewarding source of income. It also provides many benefits of business ownership that simply aren't available to the average person.First of all, tax breaks increase drastically. By keeping your full time job while starting in network marketing Trump says, people gain the tax benefits of the rich. A person with a part time business can take advantages of many more deductions than an employee can; for example you may be able to deduct car payments, gasoline, and meals and entertainment, depending on your particular situation.Generally the start up costs are far lower with network marketing Trump says, than a traditional business which opens it up for the masses. Most people lack the knowledge or innovation to develop a new product and start a traditional brick and mortar business, but MLM companies already have that taken care of. These businesses also give people the opportunity to leverage systems that are already in place and proven rather than going through the painstaking process of developing that independently.The Book, Why We Support Network Marketing, Trump wrote in collaboration with Robert Kiyosaki, goes into detail on the depth of his approval. So in conclusion, Donald Trump clearly is not only trying to make money by starting his own company, but he is also a big advocate of the industry in general.