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MLM has made many of its practitioners very wealthy and has often
been hailed as the most brilliant money making idea that has ever come out. It
has great strategies where you get more money for helping someone else make
money too.
MLM (Malty Level Marketing)
MLM has made many of its practitioners very wealthy and has often
been hailed as the most brilliant money making idea that has ever come out. It
has great strategies where you get more money for helping someone else make
money too.
So why does
MLM have such a bad reputation these days?
There
are many reasons but the most common is poor education, resources, help and
just plain bad and wrong information. It is often the blind leading the blind.
When you have unsuccessful people trying to teach someone to be successful
there is very little chance of success. As It is very simple to understand that
all the people does not have all the skills, or different have different skills,
There is also the problem that many people get this crazy idea that all they
need to do is sigh up and they will magically become rich with little effort on
their part. I know it sounds crazy, but it is very common. I have seen many
people who sign up to do a business, do very little work on it and then start yelling
"scam" because they did not become rich in a few short months of
going to meetings and doing little or not much else.
So how
can you be successful with MLM? First of all, although many people had very big
success in MLM, no one can ever be guaranteed success. As with much of life,
there are no grantees of success but there are ways to maximize your ability to
get your destiny,
First of all and most important you must have a way to support yourself
while growing your businesses. Success seldom comes right away; it takes time,
money, work, work, and work. You must have some money to grow your businesses.
I know many people will tell you, you don't need to spend any money to be
successful but this is just more of that bad/wrong information, a pretty pipe
dream that sounds really good. In a large majority of the time, it takes money
to make money. There are often minimum monthly sales/perches. Most people are
not able to make those sales right away and just buy it themselves. Normally
around $100 worth a month you may also need to buy sales materials,
advertising, business cards and more. I know you will hear stories of people
that made a tone of money without spending a dime. They just got out there and
talked to everyone they saw, had that magic ability to sell a snow cones in a blistered.
Those people do excised but chances are you are not one of them.
You
need to get familiar with the fundamentals of your businesses both the
businesses structure and the products and services. You will need to find a business’s
building method you feel you can do (I will explain different businesses
building methods in other articles) Learn as much as you can about your chosen method
and do it, do it, do it. You will not do it prefect the first time, you will
make mistakes some times and that is OK. The most important thing is that you
take action and a lot of it. If you have done a lot of your chosen method and
it is not producing the results you need then chose a different one and work it
hard. Continue doing this until you find what works for you. When you find what
works for you keep doing it. In time you may want to add new methods but make
sure you keep doing what you know works for you the most.
Never
demand that your down line only do what works for you. HELP THEM FIND WHAT
WORKS FOR THEM.
Now
when that money starts to come in most people are tempted to have fun spending
it. It is not time for that yet. First you must make your new position
stronger. Invest in what brought you success and make it stronger. Pay all your
bills and pay off ALL of your debts. This is VERY important because it gives
you a much stronger position!
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