|

Is An MLM The Right Business For You?
The lure of the MLM
is a powerful one. On the surface MLM or Network marketing businesses are very
attractive. The testimonials are inspiring as there is the usual
line-up of successful business owners living the good life with luxury cars, beautiful homes and no debt, and
all because of the "product." There are even rags to riches stories with someone who was on public assistance
at one point in their life and now lives “cash rich” with all of the accoutrements of success. No doubt these
testimonials can all be substantiated in detail, as they must be to remain legitimate to be claimed. Each
testimonial would have you believe that you are most certainly mentally
challenged not to
join this organization. Indeed those who have become successful are living proof that the "product"
works. It’s not the product though as I will
explain.
Let’s skip
forward in time to your own experience with the "product." You've been at it for almost a year now and have worked
your way up through the ranks. You have moved up several levels in the organization and your up-line boss
is very pleased with your progress. You are now at a level that allows you to buy new product at a substantial wholesale rate and
the per unit profit potential is substantial. The funny thing is you really haven't earned a net profit
yet. You have used most
of your own cash and you are close to your limit on your credit card(s). Sure you've sold products and have a small down line selling for you but you still have a large
"inventory." After all you had to buy inventory to move up within the organization, as you were told by your up-line boss.
You were also told that, even though this isn't a requirement, you need to
build a large "down line organization" which equates to building a
sales force under you. This requires you to actively solicit and recruit down-line leads, which by the way your
up-line manager has a recommendation for if you are interested in having those leads sourced for you by a totally
legitimate and reputable company.
|