I felt it was time to set the record straight on Network Marketing.
What is MLM or Network Marketing? Believe it or not, some don’t know. Multi-level marketing is a marketing strategy in which the sales force is compensated not only for sales they personally generate, but also for the sales of others they recruit, creating a downline of distributors and a hierarchy of multiple levels of compensation.
Pretty simple concept, right?
What makes an MLM an MLM and not a scheme is the product. The product or a system has to be something that you would normally purchase if it wasn’t a Network Marketing product. There are thousands upon thousands MLM companies with a wide variety of products and systems. There is typically a monthly fee that comes along with your business (your overhead) and in return you get your product.
How do you make money in a Network Marketing company? There are normally several ways to do this. One is commissions of the sale of your product at a mark-up, another is a sign-on bonus, another could is RESIDUAL INCOME. Residual income is the reason most people get into an MLM.
Residual income is getting paid off of the work of others. Kind of like how your boss gets paid off of the work you do.
You see, you are building a business with your MLM. You want to be the CEO/Boss of you and helping your team. When you start building your team, you help them succeed, creating a larger income for you. This is where, you liking the product comes in handy. If you aren’t getting the amount of people into your business, you have to be happy with your product. Again, there are thousands and thousands of different business’ out there. I personally like Numis Network, as it deals in Gold and Silver assets and that’s cool to get each month. This is my overhead LOL. Anyway. The more people that join you on your request, the better off you are going to be about hitting the dream.
So why does Network Marketing have such a bad stigma? Good question and easy answer. People are looking for that easy million dollars. They get sold on hype. Mostly it not being their fault. It the MLMer’s fault (most likely) Telling them how easy this is and how rich they are going to be, etc… We all fall for it, don’t be mad. People look at the one that are making it big and think they can do that in a month or two. They see the pictures of that “Guru” at the beach, boating, having a good time, etc… While that is entirely possible, it takes work. You didn’t see that person working all hours of the night before they quit their job. You didn’t see them in front of their computer while the kids were playing. You just saw success and that it just came to them, LOL. Those “Work Hard” examples I mentioned above, are short term comparatively speaking. If you put in 24-36 Months of good ole fashioned hard work, there is a good chance you can leave your full time W2 job. YES YOU SAW THAT RIGHT.
Let me ask you this, would you be happy making an extra $500-$1000 per month? Would you call that success?
You have to look at Network Marketing objectively. “Do I think I could make this work”. If yes, then go all in. If no and you still want to do some sort of home business, then find one that suites you. You have to be happy with what you have, no one else. You have to understand that this is a business. People don’t just show up, you have to present, show and present again. It’s not going to be for everyone that you show it to and some are going to say NO. Not to you but to your opportunity. THAT’S OKAY. Not really a big deal, move on to the next person.
Another thing people don’t realize is, it is a good idea to invest in your education. It’s okay to purchase tools to help market yourself and your business. Look at Dominoes, everybody knows who they are but they still advertise. You can too. In fact Click Here for Free Facebook pay per click advertising help. You have to connect with people that are in your business and Network with them. It’s fun and a great way to rocket your business into success.
My conclusion: MLM and Network Marketing is legit. The reason people fail is because they quit. The angry “EX” Network Marketers are angry because they thought they were going to be rich in weeks/months. If they were scams and pyramids, the Govt would shut them all down.
All of that being said, it is a good idea to market yourself online. There are millions and millions of people online…close to 800,000,000 on Facebook alone. If you are serious about Network Marketing, you are going to need some assistance on your journey. I highly recommend a Company Called My Lead System Pro. You need to click it now!!! They are highly qualified and have created many many SIX FIGURE INCOME EARNERS. They will show you step by step how to succeed. You just need to follow the instructions AND STICK TO IT.
Have an opinion, leave a comment.
“To your legacy”