Are people in Network Marketing/MLM recruiting "winners" to build business or is the design to attract the "naive" or "losers" who buy into the confidence of the one promoting the business opp?
No matter the company, product or service, if the pitch presented by the company or reps at the meetings were accurate, the company would be larger than the general population of the U.S. in 1-1/2 to 2 years. This figure can easily be calculated through exponential growth based on the hype presented. for sure MLM isn't for everyone, but it is for anyone who dares and have the work ethic and guts for it.
like any other business risks are involved but it is up to your creativity and business strategy if it would survive its first year. since most business die in their first 2-3 yrs.
sure, MLM presentations are most of the time over the top and sugar coated, but that is basic sales principle. any product or company, may it be MLM, food, electronics, etc. product developers and companies need to make claims and put their best foot out in order to make sales. like i said, it's basic sales.
(you wouldn't tell your date about your fetishes on the first date would you?) the same principle applies.
now the failure of an MLM rep rests upon him/herself. we are adults each having a set of 6lbs (more or less) thinking machines in our heads. if a rep didn't use his when he signed up, didn't think of the factors and didn't calculate the money involved then that is failure right of the bat. i wouldn't call him "loser", he just didn't think it through.
statistics reflect that about 3% actually make it big in MLM. you can strive to be in the 3% or you can complain that you can only be in the 97% of failures. that will depend on your way of thinking.
bottom line, we can't just discredit MLM / Network Marketing, because a lot of people failed. We would have to consider the people who made it big and the Big People who consider network marketing as a credible source of income, such as Donald Trump and Robert Kiyosaki. Wow! Don't listen to these vultures. Legitimate businesses don't offer partnerships with people they don't know.
MLM companies are basically identical to pyramid schemes except that there are no sign-up fees. As with pyramid schemes, the first couple sellers who start the company will make money, but at the expense of the lower level sames men who will make much less and still need to buy the products.
The people who will recruit you will make money off selling the products to you and a commission from any sales you make.
It's a bad idea in any industry to join a business where your recruiters sell identical products as you, unless sales responsibilities are broken down into geographic regions. It is a conflict of interest for him to want you to compete against him. Always a sure sign that he can't sell it himself.
If you want to sell products without investing in the product design, etc. I would recommend a traditional franchise. They do the demographic and logistic research so as to be pretty sure the company will be successful. Hello,
Great post. The most important part of business is advertising. This makes or breaks a business. Some of the best ways to advertise I've found are:
1. Offline promoting (business cards, flyers, newspaper and other print advertising).
2. Online promoting (buying banner ads, forum posts, email auto replies).
The best method that's worked for me so far is handing out business cards. I don't do this in the usual way.... I buy them in bulk from a place online (they give the cards for free, I just paid shipping and handling...they also give a really nice free business card holder, it looks impressive). They're really high quality. I just put all of the info about my business on the cards, and I hand them out on cars at bus stations, malls, etc. It's worked out really, really well for me, and it's completely inexpensive =)
http://www.free-cards-2-bis.info
Good Luck with your business! My business partner Daegan recruited 6951 people into his
business online without ever picking up the phone, and earn upwards of $85,124+ per month. Most, not all, were "thought they couldn't fail" like you said.
http://www.attractbillions.com |
