American Latino Magazine Food and Beverage Edition | Page 12

The New Face of Network Marketing Latinos Embrace A 170 Billion Dollar A Year Giant The trickle down effect caused a job crunch making it harder for younger generations adding fuel to a worsening economy. What’s referred to as the winter season, like in the 1930’s, was only seen once in a lifetime. We have yet to experience that. Unemployment is at it’s highest as is business failure, so this is the best time to be an entreprenuer to grow. You pick a niche where the demographics are strong and you can’t fail. The 1% of any industry controls about 90% of the income. It’s no different in the home based business niche such as Network Marketing. I n 2008 when the economy declined the amount of people that decided to enter the Network Marketing industry grew by leaps and bounds. People were less secure about their jobs and no longer trusted the systems they grew up with. Also gone were the days of working for an employer most of your life and into retirement. As a matter of fact, the U.S. Department of Labor estimates that todays workforce will change jobs 14 times by the age of 38. The baby boomers (people born from 1946 to 1964) who controlled the world economy had a high percentage of them displaced as well. There are approximately 170 billion dollars in sales in the Network Marketing niche. If you take an average of 40% of that being paid out to distributors, that is a staggering 74 billion a year or 200 million dollars a day paid out to distributors. Some people think that only the people at the top make all this money which is not true. There’s approximately 500 people in the world that make over 1 million dollars per year. The rest of the money is paid out to everyone else. So the top people combined are making approximately 1 billion per year. That leaves over 73 billion to share amoung the rest of the people. work together full-time. One dream, one team. They have focussed all their efforts as a family unit into the Network Marketing industry generating hundreds of thousands of dollars in residual income, sometimes on a monthly basis. Elias, Erika, Maria and Eloy Tamez How you might say? By re-evaluating, refocusing and executing a very direct plan of attack to provide an income for the family. Elias Tamez along with his wife Erika are parents to 3 yr old son Benjamin and 1 yr old daughter Giselle. They are a father and son team that has done Network Marketing for 30 years, which was started by father Eloy Tamez. They started in a company where the products were calling cards and at that time Eloy was making tens of thousands a month. He then established traditional brick and mortar businesses and was successful for years. When the US economy collapsed in the late 2000’s the traditional form of doing business went down also. Eloy Tamez had millions of dollars in debt as a result he decided it was time to go back to what put food on the table for his family. It all came to him orignally when he was praying for a way to save his family from poverty. Network Marketing was the only way to reach financial liberty once again. At this time Elias Tamez was going to Sam Houston State University to study Long gone are the days of inviting friends over to a BBQ then blindsiding them by bringing out a chalk board and drawing little circles. The industry has evolved and is growing just like their pay plans... exponentially! One of the fastest growing segments within this industry is the Latino Network Marketer. They are also rising stars with all the major players in legacy companies like Avon, Herbalife and the up and coming eCommerce giant Zhunrize that are focusing resources with Latinos across the world. Enter Father and Son Eloy and Elias Tamez. Elloy and Elias Tamez at a recent summit. 12 AMERICAN LATINO MAGAZINE • BRINGING PEOPLE, BUSINESS AND CULTURE TOGETHER LATINOSONLINE.COM Eloy Tamez husband and father of 2 sons and 1 daughter has traveled around the world as a motivational speaker for years. He resides in the city of Houston, TX. His sons Elias, Jonathan and daughter-in-law Erika LATINOSONLINE.COM BRINGING PEOPLE, BUSINESS AND CULTURE TOGETHER • AMERICAN LATINO MAGAZINE 13