Tuesday, February 3, 2009

The Truth on MLM Today...

The Truth on MLM today ...

The truth on MLM is really quite simple. Multi Level Marketing is simply recommending and promoting something you like to others. All of us do this every day and it's easy and fun. Sharing things that will help others and that they enjoy makes us feel good. Some people collect a check for doing it while others do it for free and that's O K.

The main problem with MLM isn't unique to Network Marketing - it's a lack of skills, training and duplicable systems. It's not the way people are compensated but the ease of entry that promotes a casual attitude, lack of skills, and ease of exit. Many people get involved in their own business and never learn the skills that are important to have success.

In fact I can prove to them that their lack of success wasn't their fault and I can do in in minutes.. They are told to call friends and family or to buy leads when in reality, many of your friends and family aren't interested in what you do or share and the leads are a waste of time and money. The people teaching that are just parroting what they've been told and since there is such a high turnover, many people think it's their fault and quit. That's wrong and so very, very sad because when this business is done correctly, a person can begin part time without interfering drastically with their life. They can build it slowly over a 2-3 year period and in the right company replace their non-MLM income, pay off their debts and really own their life.

Another serious problem is the business model of some companies that stress recruiting new distributors vs retail sales. Anytime you are paid directly for recruiting someone vs receiving commission for the products they purchase, it's not MLM, its Illegal. That company will not be in business long and depending on how its structured could cause the distributor some legal troubles as well. Other legitimate companies really stress recruit, recruit, recruit – this is obvious by the particular compensation plan they use and how many hoops the average person needs to jump through to make a check.

The two easiest questions to ask yourself are – how many people in my group will I need to make $10,000 and would any rational person buy this product if their was no income opportunity attached to it. I know of a company that takes 300-500 people and others that take 3000-10000 and if the answer to the second question is NO, then run...

The truth on MLM is that just like traditional business - there are good, bad and ugly companies out there and its up to you to learn the skills to know which is which. Take a little extra time now to save yourself years of failure and frustration.

To see the most truthful and direct book in MLM and to begin the education that may be the most profitable of your career check out www.mentorkyle.info

Kyle Steiner
612-220-6912 anytime
mentorkyle@yahoo.com

No comments:

Post a Comment