If you ever put some thought into joining an MLM, or multi level marketing business, you are like many others out there today. As the economy continues to tank you need to find a way to take ownership of your finances.
You might be working full time and not making what you think you are worth and therefore looking for an alternative source of income. MLM’s provide multiple options to earn more in 2012 and beyond.
You can not find another place where a large group of people will help you succeed. In most cases if you do poorly, you might lose your job, while in the case of MLM, you will get as many chances as you want and need to become successful.
In MLM, you usually have an upline of supporting marketers (unless you get in right in the beginning) that want you to succeed. When you do well, they may earn a commission off of your sales, so it does them justice to help you out to be successful.
One of the major complaints about MLM is the idea that they are a pyramid scheme. If you are just putting money into a system and getting more people to pay you money that pays of the upline, then yes, this rings of a scheme. However, if you are selling physical products and sharing a percent of the sales between yourself, your upline and the company, then this is truly a legitimate business.
Think about buying a car for a minute. The salesman, financing guy and company will all split commissions on the sale of a car, so you could call them a pyramid scheme as well. MLM is not a pyramid scheme and you need to do your due diligence in finding an MLM that works correctly to meets your need.
You should find an MLM that you are interested in with products you like. Why bother wasting your time and energy if you do not even like the products or services being offered with the MLM. Often financial services, diet supplements, cleaning products, juices and web services are major players in the MLM industry.
As you begin your journey into the MLM world, you will be bringing other distributors into your own pipeline and you need to do your best to leave good friends and family members out of it, unless they come to you looking for chances to improve their finances. The less stress you can put on your close friends and family, the better.
Most people who join you are going to join you based on you, not really what you are selling, though it does help if they have an interest or are recruited from a common niche group. Think forums as a place to find people interested in business ventures.
Unlike starting a franchise, MLM offer you a much lower investment into the business, thus drastically reducing financial risk right out of the gate as you get started. Unlike hundred of thousands of dollars shelled out for a restaurant chain, you might only need to spend a few hundred dollars to get you started with an MLM.
Your best bet is to try out an MLM. You will either be really happy that your MLM does what you want it to so, or you will be really happy knowing you tried it out and know that it is not what you want to do with your additoinal career. Feel free to send me a PM/commnet in regards to gettin going MLM.
To get you started in the mean time in regards to some very cost effective and beneficial MLM’s you can check these out to see how they fit in your business model.
Host Then Profit (Complete Marketers package of tools)
Meet Cheap (webinar conferencing)