This is a great way to operate a business if you like selling physical (and not just digital) products, but don't want the hassle of setting up your own infrastructure. It is a way to leverage off a lot of good, enthusiastic people and plug into a system that not only has first class products, but a fantastic back-end to do the heavy lifting, and a distributor group who all want your success so that they can guarantee theirs. A pretty good deal,
Come prepared to work.
If you are a newbie, or someone who is evaluating an MLM business, this series of articles, from my e-book "Fifteen Secrets to Success in Multi-Level Marketing" will help you see the immense value in a MLM business, and help you to see how much this could change your life.
This is the opportunity for you to take charge of your life and your destiny – maybe for the first time – and the chance to be your own boss, be in charge of your daily, weekly, monthly and yearly routine, make as much money as you want to, and treat your family to the life that you and they deserve.
Before we get too far into it, we need to make the usual boring disclaimer that no MLM company will tell you that you can make any particular level of income, at all. You can make anything from millions to zero and anywhere in between. It depends on lots of things, that we will go into in more detail in these articles. But, the good news is that if you want to make the big bucks, it is entirely possible and it is only a decision or two between now and then.
If you have never run a business before, don’t worry. We will lay out some exciting prospects for you.
If you have run your own business, you will quickly see that this is an opportunity to gain the freedom to be your own boss, without huge overheads, staff, taxes and all the other things that go with running conventional businesses.
You will see that this will give you the opportunity to put your family first, to sit on the “beaches of the world” and to truly have control of your own life and your own destiny.
Does this sound too good to be true? Maybe, but bear with us and it will all make perfect sense.
We assume that you have seen an MLM opportunity and are seriously considering it, or that you have jumped in, and may now be wondering what you have got yourself into, or you have jumped in and are excited in the first weeks and months of your new business.
Hang in there with us and we will embark on a great journey!
No Bricks and Mortar
Armed with all the business building tools that your MLM Company makes available, you can be sitting on a beach, or in a café, or an airplane, or your home office, with just your tablet, laptop and maybe just a smartphone app! And be able to run your worldwide business. Does that get your attention?
You will be linked to your MLM company, via your online back office and hopefully, your back office will track you and your group, provide up to date news, information about products, services, events, provide an impressive array of videos, apps and online tools and communication tools to help you manage every aspect of your business, and even have mobile phone apps! Pretty good value, I'd say - and tax deductible, to boot.
If your business doesn’t have all of those features, maybe you need to look around for another one, and preferably one that sells products and services that you use and pay for each and every month of your life. If you can’t think of one, you need to ask me!
Isn't Network Marketing an Unconventional or Inefficient way to run a business?
I’m glad you asked! And in order to answer that, I would say that the traditional business structure is more likely to be the most inefficient business model known to man.
You have people on fixed wages and salaries, who might be the laziest, time serving employees ever, and they could be hiding in the back room, shuffling paper and keeping their heads down, waiting for 5 o'clock, waiting for Friday, waiting for a promotion, waiting for Christmas, waiting to retire!! Any old excuse.
You have teams and committees who "spend the hours taking the minutes".
You have meaningless projects and research studies, you have employees who take too many sick days, you have employees who steal from their boss, employees who over claim on their allowances, or their work in progress, or their hourly rates, abuse their use of the company car, spend too much time on smoking breaks or in the coffee shop, spend way too much of their day on Facebook or Twitter, or fake their sales figures.
You have costly consultants who spend a fair bit of their time while contracted to you, chasing their next contract.
You outsource your legal and accounting needs, you have expensive auditors. All of that's a fair bit of overhead to carry!
In a good MLM company it's a pretty simple equation. All we have to do is find customers and distributors and refer all the queries to the company which usually has a fantastic staff waiting to help.
No money changes hands between distributors, clients order their products online, and you get the credit, distributors sign on and pay online and you get them straight into your network, and the whole thing is managed at company headquarters and all of that information and those reports are available to you, instantly, online.
One giant series of finders fees!
No Downsizing in MLM!
Why is it that every few years, the government of the day downsizes the public service, or companies retrench their staff? Because, over time, large organisations and bureaucracies get a little bit bloated and need to be culled back. What does that do for job satisfaction, or job security?
Smaller companies fall victim to downward market trends and difficult cost environments and downsize, often to their detriment and it can become a slippery slope.
Anyone in our country who has been keeping up with the latest news, would see just how many industries are closing down, or retrenching staff. If I were a worker in this country, in manufacturing, I would be very nervous right now.
No Slacking Off on the Boss’s Time!
How do you feel when you ring a company or a government department to talk to someone only to be told, they are at a conference, or on lunch, at a Golf Day, or on a rostered day off? Or how do you feel when you ring a company and spend the first ten minutes pressing buttons on your keypad before you can talk to a human being?
In your own business you are available and open for business every waking hour and, especially on weekends.
In your own business, someone has a need for your product or service, somewhere in the world, while you are sleeping. You could be getting paid while you sleep completely legally. You are sleeping on the boss' time, because you ARE the boss!
Your customers can be placing orders while you are having an overseas holiday, and the residuals can be arriving in your bank account without fail, no matter where you are and what you are doing.
Nobody Gets Fired!
In MLM, if someone in your downline organisation doesn't want to work or achieve, they will earn accordingly (no results, no commissions and no hard feelings), and their upline leaders don't need to waste their time trying to motivate them - you just move on to help the ones that want your help - pretty fair deal, I think!
You let the underachievers hang around as long as they want to, since they are not an overhead - they will either drop out, voluntarily or become active in their own good time… and they are usually nice people to have around, anyway. That's always a bonus.
So, to answer this question, network marketing, properly done, is probably the most efficient business model around - It is a model that is around 100 years old, and which really took off in the '90's once the internet and social media marketing started to take hold, when the world suddenly got smaller, and lots of young entrepreneurs, got busy and creative!.
It is the way of the future, is a very viable alternative to traditional business structures and it is here to stay!
The Freedom to Choose (or How to Fire your Boss)
More and more people want the freedom to choose where they work from, and when they work, and how they work.
More and more people want to be their own boss and not a servant of a nanny state.
More and more people are sick of renting themselves out to their boss and spending nearly half their lives commuting and punching the clock.
In these uncertain times, when you need so much more put away to retire on, when housing prices are through the roof, when young people can't buy their first homes, your grown up kids don’t want to leave home and older people can't afford to retire, when social welfare is more and more costly, it just makes plain good sense to help ourselves, even if the business is only ever a part time Plan B.
So - please feel free to add any comments below and give us your experiences with MLM so far.
...Next Week ....What are the ingredients for a successful MLM career?
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