It is often said that:
“the roughest terrain to negotiate is the six inches between our ears!”
... do we procrastinate? It is called inertia and it usually as a result of “paralysis by analysis” – we over think things, we let our fears take over and we become a “rabbit in the headlights!”
The doubt comes from fear of the unknown, or fear of failure, or fear of success, or fear of what your friends or family might think. Those same friends and family won't mind if you help to pay off their credit card or pay off their house, a few years down the track, so why wait and why care?
In a blog I read recently, the writer asked:
What if you fail? Isn't failing bad? – Failing is the main ingredient for success. .... There are 2 outcomes when you try something new –
...... you either win or you learn!
In both situations you win!
If you really believe that you have found an opportunity to change your life for the better will you start to think in a more positive way about your future and your success?
If you truly believe that there is a way to succeed, will you think more positively?
One of the biggest mistakes you can make is doing nothing because you’re too scared to make a mistake. You can’t handle success, if you can’t handle failure.
All it takes to succeed is commitment and focus. Because the system laid out for you is so easy to follow, you just need to put the blinkers on and do it systematically.
IS IT A PYRAMID?
“ Pyramid Schemes have been illegal in most countries for over 40 years .”
Well, if you think of a pyramid as an organisation that has the highest earners at the apex and the lowest at the base, you have just described companies, government departments, the military, banks, insurance companies and most other organisations.
Here is my definition of an illegal Pyramid Scheme:
" ...A business is only an illegal or unlawful pyramid scheme if it sells positions in the organisation, allocates positions, according to how much the entrant has paid, and doesn't move products or services through the network, so that fair and ongoing bonuses can be paid out of revenues, where people coming into the network gain an unfair advantage from doing no work or expending no effort...."
If you are in a sound MLM business then you are in a "customer acquisition business" with a range of everyday goods and services, sometimes right across the globe, some of which can also be purchased from other suppliers, and thus must be competitively priced in the open market to be saleable, and you can sell to customers in any of those countries, through your very own online store.
The entry fee that you pay is usually fairly small by comparison to the overall opportunity that you are buying into and usually reflects purely the administrative costs of getting you set up on the company’s system and the price of some initial sales stock.
You are not paying for a position in the organisation, because you can only start in one place and that is underneath your sponsor.
However, I prefer to look at it in a different way.
You are always starting at the top of your personal network, because that is what counts the most. You are the “head of your empire”, no matter how big or small it may grow.
It is a system where the entrant earns from his or her own personal efforts and where bonuses and commissions are fairly based on effort.
Provided that the products are easy to move, that your business has a fair compensation plan, that the owners are people who are focussed on your success, then it is a good business to be in.
A major point of difference with MLM is that your company doesn't pay third parties for advertising or marketing to the public, so those millions of dollars that conventional sellers need to spend on marketing, can be better used in customer savings and distributor bonuses.
Better off in your pockets!
You are placed in a network downline from your sponsor. You cannot make any money from your upline, only from your downline, and your upline can only make money from your efforts, when they help you sell product or build a successful network of other distributors who also sell products and services.
So you make direct profits from sale of retail products, commissions on your volume and over-rides, as incentives to grow your network and advance in the organisation.
These over-rides on your residual income come direct from the company, not out of any distributors’ pockets. You and your "pyramid" can end up more successful than your upline and his “pyramid”, and he will thank you for it every day!
You pay a joining fee which is a tax-deductible overhead - it may be a one-time fee or it might be renewable, monthly or yearly. It usually buys you your Online Storefront - then you may pay an admin fee per month to be supplied with a comprehensive back office set up, that tracks your business, and is continually and automatically updated by your head office, which means that you are “Open for Business” 24 hours a day, seven days a week, in many countries.
In some organisations, you will get access to online shopping malls in many countries around the world. The kind of internet access that you get the use of, would cost an individual or company tens or hundreds of thousands of dollars to set up, and you get it virtually free, so don’t forget to factor that into your thinking.
But, still, no one earns any money from any of that - only from moving products and services through their distribution network - so it is not a Pyramid scheme! - Our federal and state governments outlawed them around 40 years ago as they did in America and Europe, so there is virtually no way you could start one, today, in just about any country in the developed world.
A good MLM company will have an Integrity Board or department that monitors these types of consumer issues. Make sure that you check this when you are investigating the opportunity.
SOME MORE OBJECTIONS
I don't have the time
Time for what? Time to fail? Time to keep doing what you have always done? Time to improve? If you are not succeeding doing what you are doing now, don't you think a different direction might be called for?
If you could succeed at this doing 10 hours a week around your 40 hour J-O-B, which one would eventually become more important?
Have you got 10 hours a week to watch TV - could you get up an hour earlier each day and go to bed an hour later each night? What do you do on weekends to improve your life?
As Mark Twain said: ".. Insanity is doing what you have always done, the same way, each day, but always expecting a different result..!"
I Think [the joining fee] is Too Much to Pay to Get Started
If you think that the average investment in MLM is high, consider what you are getting for it – in most cases you are getting the chance to potentially make a great short term or long term income (that you can easily live on or retire on) without overheads, travel, government interference, staff worries, expensive equipment and about a million other problems, so is $200 or $500 a big investment? Is $1,000 a big investment? Is $40 per month over the top?
In addition you are getting fantastic training and support from everybody in your team and your upline. These days, the internet makes it so easy. Your company site and your team sites will have hundreds of hours of free video training, audio files, webinars, access to printed materials, RSS feeds, social media and almost endless ways to build your team and your business.
Do the maths and you will quickly see that your initial investment is a drop in the ocean, compared to the investment you would have to make in most businesses.
Have a look at how much you would need to invest in one of the large franchise chains, or just in setting up a local suburban shop or office.
MLM is a “no-brainer”.
"I Can’t Sell/ have no Sales Experience/ don’t want to be in a Selling organisation"
Guess what – you are not in the Selling business!
Your MLM company is in the selling business – it is the warehouser, invoicer, shipper, storer, transporter, mailer of products, payer of salaries and overheads, payer of bonuses, advertiser, marketer, webmaster, call centre and a hundred and one other things, and the organisation that takes all the risk.
You are in the Opportunity business – your job is to sell opportunities and dreams, build the sales and help to build the distribution networks and offer the hope of a better future to people who are looking for change – don’t confuse the roles. Yours is by far the easier.
"I Can Make Money Investing Somewhere Else"
Even if you only ever made $100 per month from your MLM business – think about this – to make $100 per month from your investment portfolio, you need to have $24,000 invested at an average return of 5% per annum.
Not everyone has a lazy $24,000 laying around, but just about anyone can make $100 from MLM. That kind of logic crushes most excuses, wouldn’t you think?
I Can Make Money playing the Stock Market (or the Forex Market)
Good luck with that.
If you are good enough and knowledgeable enough to make a living out of the markets, then we wish you well, but if you are a novice, you will need to have seed capital, spend a lot of time learning about it, find a broker you can trust, or set up your own trading system, which means costly software and monitoring systems and time consuming reading of complex investment reports. This is hard work and will take you as much time as building your MLM system, and it will probably keep you awake at night, wondering if the market is going to turn on you, tomorrow. If you do even a bit of research you will find that there are a lot of scammers out there disguised as experts, so be careful.
Having said that, it is, of course, a perfectly legitimate way to spend your time and your money, but as yet, nobody has come up with a perfect system for predicting the markets.
MLM, on the other hand, has come up with simple and nearly perfect systems, and all you need to do is plug in and follow them.
SO, SHOW ME THE MONEY!
How Much Can I Make?
Short answer? - Anywhere from Millions to Nothing & everywhere in between!!
But, every good MLM company very carefully and deliberately goes out of its way to say that no income levels can be guaranteed. You will see these disclaimers on all of their material. If you don’t see them, you may be looking at the wrong kind of business opportunity.
These disclaimers are there because nobody has any quotas and nobody "gets the sack". You can do as little or as much as YOU want, and there are no quotas, and definitely no limits on what you can achieve. Some people will dabble with the business and may never make much money out of it, and that is THEIR CHOICE. But those who want to, will find a way to do it.
Those who do succeed can live fantastic lives with enormous freedom, because this is a business where the bulk of your earnings at the high levels is RESIDUAL income – that is, money that you make from work you did in your early days – you can literally be making money while you sleep.
Another old saying - " ...an entrepreneur is someone who will work 100 hours a week for himself, so that he doesn't end up working 40 hours for someone else..
and (from the great Jim Rohn..) ..."If you don't plan your life, chances are, someone else will - and guess what they have planned for you - Not much!..."
and this one - "An entrepreneur is someone who will do the things that most won't so that he can enjoy the life that most can't...
The freedom that it buys can be priceless. There is time freedom, freedom of choices as to where you live, when you take time off, where your kids go to school, when you sleep in, who you can help with your time and money and many other great advantages of residual income.
Follow the Success Trail
Look at the top achievers and follow in their footsteps and there is no reason why you can't make as much as them, or even more.
If you hear someone say "that didn't work" just ask them:
…”Was it the business that didn't work, or was it you who didn't work? ….”.
A 5 figure income per month inside the first year is very achievable.
The only question you have to ask yourself is - if a bunch of people will do it, why shouldn't one of them be me?
It is a fact of life that nearly 96% of people who start in MLM don’t make an income that they can retire on. ....MLM companies know that – they don’t fight it. They just expect there to be enough leaders to make their companies prosperous. Don’t fight the statistics – find a way!
So? What is the answer to that one? BE ONE OF THE 4%!
It’s just a decision, and a bit of work, and the ability to plug into a proven system and follow it.
..AND FINALLY - JUST DO IT!
So, once we understand all of that, and have those goals set, we just FOLLOW THE SYSTEM (you’ll hear that in every MLM organisation, because it is the only way).
Repeat, repeat, repeat - just go and tell everyone you know about your great opportunity - stick to the system. Sort, don't sell, and you will get enough good people on board, that the NO's won't matter - in fact, they will be forgotten.
Now back to the plan!
Phase 1 – Use the products, sponsor, lead and sponsor some more!
Phase 2 - Repeat Phase 1
Phase 3 - Repeat Phase 1
Phase 4 - Repeat Phase 1
Keep it simple and never get out of Phase 1! That is really how easy it is to build an empire!
Do, on day 101 what you did on Day 1 – don’t make the mistake of getting into the management phase.
As an example, if you want to run a successful restaurant, there are many things that you might need to do, but the one that counts the most in the restaurant’s success is turning out great food every meal and every sitting. Without the basics the other stuff won’t happen.
MLM is no different.
Keep it simple.
Sponsor, and help you downline to sponsor, then move the products and train with your group and the rest will take care of itself.
We wish you well in your network building and we are here to help.
Remember the example of the big train rumbling down the track?
1. You could get upfront and drive it!
2. You can get on board to enjoy the journey,
3. You can stand on the platform and watch it go by,
4. You could stand in the middle of the track and try to stop it (good luck with that!)
5. You could try to outrun it, or
6. You could just turn around and go home,
We hope that you will get on board and join your upline on the journey with all of the friends that you will make, along the way. Or in the words of the old Middle Eastern proverb:
"The dogs bark, but the caravan rolls on!"
Our Great New E-Store
OUR MLM SERIES IS BASED ON MY BOOK "15 SECRETS TO SUCCESS IN MLM"
CHECK IT OUT HERE