Considering MLM or Network Marketing?

Network marketing, or multi-level marketing, is a business model based on a person or group of people overriding another group of people and earning a portion or percentage of this groups sales activity.

To most people this appears to be a pyramid ....STOP!!!

How many people really understand what a multi-level marketing company is and how it operates and--most importantly--how to make money as part of one?

While the structure of the business is in the shape of a pyramid, and pyramids have been declared illegal, nearly every business and sales organization is constructed as a pyramid! The successful business model built on employees earning more than management and the owners has yet to be created. The truth is that the structure is not the problem. A business that pays it's downline for selling company products is not a pyramid.

The Federal Trade Commission said this about pyramids: "They promise consumers or investors large profits based primarily on recruiting others to join their program, not based on profits from any real investment or real sale of goods to the public."

So, there are definitely ways for you to judge a company and tell if it is a legitimate business or pie in the sky.

I am neither promoting nor indicting any network marketing opportunity. If you are seriously considering network marketing I urge you to download this FREE e-book, The 7 Great Lies Of Network Marketing. I have been involved with a few MLM's and have been motivated by many aspects of their programs.

However, no matter what type of business you decide to run, ultimately the skills needed to be successful are the same. Sales and marketing are key ingredients and no matter how you learn the skills to be successful, the important thing is that you can learn them.

There are so many great resources--books, videos, DVD's, motivational seminars, people you know, etc.--available to overcome your weaknesses and succeed in the business venture you decide to call your own. The only person who can hold you back is you. Do your research and due diligence and then jump into the opportunity with both feet!!

Return from MLM to Marketing Resources

Pyramid Scheme?

Home

New! Comments

Have your say about what you just read! Leave me a comment in the box below.