How Did I Get Involved In This?
I was online and talking with friends and prospecting for new leads on Facebook. The most rewarding and value about having an online business is to meet new friends around the world.
You learn many gold nuggets when it comes to business and you evolve as a person and how you do business. This is actually important. Both in business and in your personal life as well.
And you will discover new ways to making money and incorporated in the business model you already do.I was talking with a friend of mine on messenger about how I do business and we shared some ideas with each other.
He then represented the business he did.
I was very skeptical right there and then. I was afraid he was scammed. So I looked up the business and did some research online. It was indeed a legitimate business with product people are in need for and it has huge potential.
Now, and in the years to come.
I’m an affiliate marketer with links to an online retailer, and or, service on my website. When people read what I’ve written about a particular product, and or a service, and then click on those links and buy something from the retailer or signing up to a program, I earn a commission from the retailer or the program. This commission will in no way change the cost to you.
Do You Want To Know About A Legit Business With Quality Products?
I was very clear to never be involved in MLM Business.
High risk of scams, no control over what you provide to your customers, painfully chasing cold leads, getting used to get turned down over, and over, and over again by the phone, huge investments and never get anything in return and so on.
I knew the basics, the more people you have under you the more you will earn on the product you are selling or sign up to a service but that’s it.
And because of the pushy sellers online promoting products from Forever Living and invitation for a house party, didn’t do the concept shine lucrative.
Handling the goods you ordered just to sell products, having house parties and selling to your friends and relatives and losing their friendship and their respect….
Is it Really This Black And White?
But it doesn’t paint the whole picture. It doesn’t necessarily need to be this way. Contrary to what many people think, multi-level marketing is not a pyramid scheme.
In a pyramid scheme, you earn money by bringing in people underneath you, not by selling a product. But typically investing with a promise of higher returns.
As long as a company has a product available for sale to the general public, or a service, it’s a legitimate business, according to the Federal Trade Commission’s 1979 ruling on Amway.
MLM Is A Legitimate Business Model, But What Can It Do For Me?
But let’s take deeper look. What MLM is, what is the pros and what is the cons of MLM business. Multi-level marketing is a business model where people get commissions for product sales and compensation for the sales of people in their down line.
Multi-level marketing, sometimes referred to as network marketing. Companies typically give you several ways to earn.
First, you can profit by marketing the company’s products to others. You can also use the products yourself and essentially become your own customer or a whole seller.
Finally, you can recruit others. Most multi-level marketing companies give you a percentage of whatever sales those underneath you make. With each level that comes in underneath you, you earn a higher percentage of the sale’s profit.
Again, it is not a pyramid scheme, because your earnings are based on the sale of actual products.
The product itself is usually not in commercial stores and can only be obtained by the independent marketers and independent affiliates.
It’s easy to get started. And if you can invest between $100 – $200, you can potentially earn sustainable income with your new home based online business.
You will learn a lot more of being in online business than if you have a traditional 9-5.
This is a people business. You will learn a lot from many sources and meet a lot of new people both within the business itself, with your team, and new prospects. You may actually get new friends along the way.
You will learn all the aspects of the products you are selling. The product is YOU and YOU are the product.
One of the main reasons people want their online business besides the money is the flexibility. You can work as much as you want, or as little as you want around your own schedule.
There Are Plenty Of Positive Aspects Of MLM Business, But As Anything Else, There Are Some Drawbacks
It’s not only sunshine and rainbows. Let’s take a closer look at the drawbacks. The other side of the gold medal…
Most people start out enthusiastic but fail to move forward because they are not willing to step out of their comfort zone, or working hard. Your income potential is entirely up to you.
You actually have your own business now and you need to treat it like that and take this seriously.
The majority of people you share your MLM products or business with will reject your offer. The most excuses are: I don’t have the money, I don’t have the time.
And many people are simply not interested because they are not in your targeted audience. It’s not personal you can’t take it personal. You have to say to yourself, this is OK and move on to another prospect.
Regardless of how hard you try, you will not be able to sell a steak to a vegetarian or a baseball bat to someone who have amputated their arms. It’s not personal or the product. Just a wrong kind of prospect.
Building your network marketing business takes hard work. Remember, most people are not willing to do that. Therefore, most distributors don’t make money.
Most people who are involved in a MLM business doesn’t move out of their comfort zone. They are afraid. They don’t try to build their network outside friends and family. That’s a big barrier for many people to do.
You Have To Be Open Minded
After seeing all the pros and cons online and see several examples of failing firsthand I didn’t think this was something for me personally. I had i fixed mind set. If so many people failing I would probably fail. Why risk it?
But that was before I learned me different marketing techniques, before I look at the possibilities of the products and the company itself.
If you want changes in your life, you have to do something to make changes. Don’t think about what can happen if you fail, but think about what can happen if you succeed.
Here is the most important thing about MLM business. Do proper research of the company and the products.
I did. And I discovered you don’t need to have home parties, you don’t have to packing and shipping any inventory, you don’t have to go to your local mall and make people mad on you as a parking attended giving them a ticket.
And you don’t have to chasing leads on the phone all day.
Of course, you can do all those things, and you probably should to have even a greater success and get the most earning potential. However, you can do all this online if you want to and treat it as a pure online business.
It’s up to you how you want to do the promotions, getting leads and making sales. All you have to do is to send traffic and the company itself takes care of the rest. Can’t be easier than that. I couldn’t even imagine how easy I could do things.
I saw obstacles instead of focusing on the possibilities.
This is how and why I get involved in the MLM business.