In any business, there is bound to be some adverse feedback regarding your industry. However, neither hits much compared to the MLM industry.
Despite being in operation for almost 80 years, there are still many people who misunderstand the MLM business model. Many of them turned down the opportunities due to some myths that were generated many years ago.
For me, it’s just a simple solution. Do your due diligence on the subject and decide for yourself if it is right for you, right? Why listen to others when they are not the person (ie YOU) running your own life?
Hypothetically, let me ask you a few simple and logical questions:
A. Are these people giving you a better opportunity or solution when they badmouth this industry? they have IN FACT Done before? If yes, how much time and how much effort have they put into the business?
b. Have you had your arm twisted to attend any of the presentations or have you been forced to buy those products during the meeting? If so, DO NOT GET INVOLVED. If not, why not keep one? Open mentality listen to the potential and business opportunity?
The myth killer is this => MLM Businesses is a get rich quick scheme.
Many people think that in MLM you can make millions of dollars overnight. If so, there will be millions of millionaires in this industry, don’t you think? If not, what can you actually provide?
I can only inform you that MLM is a platform where you can choose to earn an additional part-time income on top of your daily WORK that pays you a monthly salary. However, with the PROPER TRAINING to do the business, you may even earn more than you currently do. In this case, wouldn’t you contemplate doing it full time? Now. it’s really your own business!
If you can find a better platform than this, then I must congratulate you. However, if you haven’t even heard of this or haven’t tried it, why not make an effort to see if it’s right for you?
Some truths about MLM business:
1. No genuine MLM company will try to lure you into joining the business with a “hook or crook” methodology. It is conducted like any conventional business around the world. *If it’s illegal, why are so many countries opening up in recent years?
2. Income in MLM Business is the result of the dedication you put into the business. The more you work, the better your result will be. Your structure also gets bigger. Any business that claims it can be very rich in an incredibly short period of time is often bluffing. * Expect more realistic results, for example, being $3000 richer in 2-3 months, instead of making $100,000 in 1 week, etc.
3. MLM stands for Multi-Level-Marketing, Network Marketing, Private Franchising. So, as the name suggests, it’s all about promoting the company’s product (usually by word of mouth or interpersonal contact) and then selling it. When you join an MLM company, you undertake a business opportunity that entitles you to market it locally or regionally. The company usually carries out its promotion through a newsletter or magazine regarding its products and services for you and you simply introduce them to your potential customers. * You would then carry out normal business functions such as obtaining sales, engaging in training and education. . You will also start to find potential customers who might be interested in this form of money making opportunity to join you as a TEAM.
4. Genuine MLM companies do not ask for membership fees. It is usually included in your first purchase where you have satisfied the minimum purchase amount or the minimum amount. However, some companies require a minimal fee that would include the starter kit, brochures, training, etc. * AVOID any company that asks you to purchase a large amount of goods (if expensive) as part of their start-up requirement.
5. All Genuine MLM companies have plans for their distributors. Usually, when you join the company, you are given training, a special discount for future purchases, or an invitation to an open meeting, etc. In addition to the company, you are probably recruited by your upline leader who has a System that makes your group successful. These group discussions and meetings are designed to improve your business skills. Your business typically thrives when everyone on your team does well together. *Being in the company of a group of positive thinking people with a common goal often offers good support to your downline or associates.
6. Lastly, an MLM business is designed in such a way that everyone has the opportunity to earn maximum income. It is the fairest business you can find. It is also a business where you leverage the efforts of everyone in your structure, system, and company that will eventually help your downline or associates grow. *In return, your own business structure will grow, strange isn’t it? That’s called the power of duplication!
“An excuse is worse and more terrible than a lie, because an excuse is a protected lie.” — Pope Juan Pablo II
