Wednesday, July 20, 2011

INSIGHT: QNET Bad For Economy, True or False?

I recently received a comment from an anonymous source on one of my blog posts and was asked for my opinion on the matter. They stated, "Some say QNET has a bad effect on the national economy of the country". Before i give my opinion on the matter, let us first understand what an economy really is.

An economy, as referenced from Wikipedia, consists of an economic system of a country or other area, the labor, capital, and land resources and the economic agents that socially participate in the production, exchange, distribution and consumption of goods and services of that area. All professions, occupations, economic agents or economic activities contribute to an economy. Also as referenced from Dictionary.com, an economy is the wealth and resources of a country or region especially in terms of the production and consumption of goods and services. From both these definitions, it is clear to me and I hope to you that an economy is made up of many sectors.

Why is it, then, that QNET is often sighted as being bad for an economy? Could it be because it is a global company that gains most of its profits from other economies? That is to say, from the countries QNET operates. If this was the case, the same could be said for every other global company in the world, could it not? Every product you own, that was not made in your country, was sold to you by a global company just like QNET. Why aren't other global companies like Nokia, Toyota, Phillips, and many others, also not sighted as being bad for an economy? Are they not bigger and even wealthier than QNET? This, then, cannot be the reason why QNET is said to be bad for an economy, because if that where the case, all other global companies would come under the same scrutiny.

Maybe it is a question of the price of the products people buy in order for them to participate in the business opportunity offered by QNET. But then again if that were true, companies like Prada, Rolex, Ferrari, Gucci, and many others would be scrutinized as well. But they aren't, are they? Aren't their products much more expensive? What is the difference between these businesses and QNET? People still buy their products but you don't hear anyone saying these companies are bad for the economy. Why is that? The products offered by these businesses and QNET are of the highest quality aren't they? This too cannot be why QNET comes under fire as being bad for the economy.

Maybe it is the way direct selling companies like QNET operate. What is the major difference between all the other global companies out there and direct selling companies such as QNET? Those companies provide jobs in the countries they operate from while direct selling businesses such as Qnet provide their customers an opportunity to earn an extra income by owning their own business. This might be why companies such as QNET are often said to be bad for an economy. But is that true? Even before the economic crisis we are in started, weren't there too few good paying jobs to go around for everyone? Now with the current economic crisis, there are fewer than ever. Why?

Traditional companies such as the ones I mentioned earlier, the same ones that provide jobs in the countries they operate in, are all cutting down on their work force. Surely unemployment cannot be good for an economy, can it? But wait, those same people getting fired from their traditional jobs are turning to direct selling companies like QNET. Why are these people opting in for them? It’s mainly because these companies deliver on a promise they make to their customers. They pay them for every product they market and sell to others for them.

Direct selling companies such as QNET then, in my opinion, are good for any economy. The one thing I have come to realize during these economic times is that people still want to buy products and services, even those that are unemployed. Direct selling businesses capitalize on this, true, but they pay anyone, unemployed or not, who markets their products and they pay them handsomely. Take QNET for example. Qnet pays, on a good day, $2,500 a week, to any customer who markets their products and services. Isn't this money coming into an economy and isn't it far more than is going out?

Anyone who says that QNET is bad for an economy clearly doesn't understand what an economy really is. A national economy is made up of many sectors working together and to say a company like Qnet, compared to other big named global companies, is bad for that economy as a whole, is ridiculous. Saying so assumes that the nation in question depends on QNET alone for its products and services and we know that's not true. I believe that it is the duty of all customers, actively marketing QNET products and services, to create their own businesses with the commissions they earn. These businesses in turn create job opportunities, which in the long run is good for the economy in question.

This is what most QNET Representatives I know do. They use their commissions to start their own businesses. Obliviously some Reps that manage to start their own businesses fail to be successful in their ventures and in the end focus solely on marketing products and earning commissions. Those that are successful in their own businesses quit their QNET business and hand it over to their loved ones so that they too can be successful. Why some reps fail to start their own business and others succeed is a topic for another time.

So is QNET bad for the nation’s economy? I think not. I realize everyone else has their own views and I would really love to hear them, especially how they have come to their conclusions on this matter. Please feel free to post them in the comment box below. I would like to thank the anonymous source for their comment and I hope to hear from them again. If you are ready to let Qnet help you in your pursuit of your dreams as it has helped me, visit the QNET website or contact me directly by email.