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MLM - Sure Thing or Scam?
Be your own boss! Set your own schedule. Retire Early! Who doesn't want that, right? Multi-level Marketing has been praised for allowing financial freedom; and it's been criticized for being a big scam. As with any business venture, it's buyer beware. Do your homework first. Both sides agree; it takes work. If anyone tries to tell you that it's easy money, there's so such thing. Also as with any new endeavor, you will need to make an initial investment. It takes money to make money. Below outlines the two schools of thought. You be the judge. Some of the comments in favor of MLM include: "Donald Trump was asked on the Tonight Show, if he had to start all over from scratch what he would do - His answer...MLM". And yet another satisfied participant, "It is a wonderful combination of being your own boss and being mentored. It has a support system built right in and usually pretty neat products! I was involved with [company] for a while and the people were fabulous, products were great and the system of support was wonderful to have. I hear the same is true for many network marketing direct sales companies! I think MLM companies are great!" Conversely, those who didn't speak as highly include: "You only make money when you have lots of people under you. You spend a lot to stay in each month. I was required to spend more than I needed or could afford each month, so I had to quit. Seems to me the ones who do well are ones who can afford to really spend and have contacts already who have money they can spend as well. Then they in turn have contacts of their own that are the same. A lot of MLMs out there say you can make $X each month, but honestly there are few and far between who are really doing it. They hook those who want to work at home and need the money-only to lose them after they're more broke than they started." Continued another disgruntled former MLMer, "Unfortunately too many try to convince you that it is so easy. If it were so easy, everyone would be doing it. I have been in several different MLM companies and have experienced constant changes in the compensation plan. As we all know, the compensation plan is what gets our attention." So there you have it, both sides of the coin. All would concur that Multi-Level Marketing is not for everyone. But that's why there are so many different flavors of ice cream. There truly is something for everyone. All in all, the bottom line is there needs to be passion and drive to make your business work, regardless if it is MLM or more traditional sole proprietorship or corporation. If money is your only motivator it will likely fail. You need to believe in your product or service or you can simply plan on failing. Do your due diligence when researching various opportunities. Brennan Howe is the owner of http://www.opportunity4all.net - Intenet Opportunities for the Average Person. Sign up to receive a 10 part internet marketing course and free downloads.
MORE RESOURCES: Top athletes around the world are improving their game by supplementing their diet and regimen with Wellness International Network's high-quality nutritional line. Cleveland Daily Banner : As an independent business owner, [Tina] Hysni offers delicious food samples at home taste-testing parties, along with easy ideas for everyday meals, recipes, serving suggestions and fun. Vox Communications has exceeded 20,000 VoIP lines on its award winning Voice over Internet Linux-based sever clusters. PHONAK Serenity DPC distributed in Asia by manifest Marketing has been providing the best noise cancellation and hearing protection technology throughout Asia and continues to develop its product with the help of Manifest Marketing. Trivani International is a network marketing company who is dedicated to providing quality products to their consumers. Pervasip Corp. announced that the customer base of its wholly-owned subsidiary, Vox Communications, a provider of Voice over Internet Protocol and smart phone applications, has exceeded 20,000 VoIP lines on its award winning Voice over Internet Linux-based server clusters. Jeane Leonard Joins CarbonCopyPRO to Teach Internet Marketing Professionals How to Build a Profitable Online Marketing Business. International nutritional products company Youngevity announced its strategic alliance with direct sales specialists and Fucoidan-nutrition technology pioneer, Escape International. How sexy can a woman become? That doesn't have much to do with her figure, but the attitude she chooses. Abizark.com released a series of low-priced bags at its online store bagsok.com on July 26th, with the purpose of publicizing its brand and increasing its sales volume. The Trivani Foundation is a non-profit organization who is dedicated to providing immediate relief to people in impoverished countries, while giving them the resources to build their community and sustain life. MEDIA ADVISORY: LiveWorld Hosts Webinar on Best Facebook Marketing Practices with Jeremiah Owyang of the Altimeter Group Social media analyst Jeremiah Owyang to present findings of his latest research on the best ways for brands to engage their customers and fans on Facebook SAN JOSE, Calif. Nu Skin Enterprise Co, the multi-level direct sales firm, expects to achieve sales of 2 billion baht by the end of this year, two years ahead of its earlier projection. Trivani International is a network marketing company who is dedicated to providing immediate relief to people in impoverished countries while giving them the resources to build their community and sustain life. After a long cold spell, Central Florida's prospects for attracting new venture capital may be thawing out. LifeVantage Independent Distributor, ProtandimPro.com, reveals how Protandim can help millions of Americans be financially independent and improve their health. Chief Financial Officer John DeSimone, and Amy Greene, vice president, investor relations, will participate in the 30th Annual Canaccord Genuity Growth Conference on Wednesday, August 11, 2010 at 8:00 a.m. EDT at the InterContinental in Boston. Today, Karmaback, Inc. , the only online engagement and sweepstakes platform that rewards the communitya s engagement and evangelism, announced Social Coupons , a new feature targeted at enabling companies to grow their online community while in turn rewarding the communitya s engagement and evangelism. Herbalife Ltd. announced the appointment of Manolis Leontzakos as country director, Greece and Cyprus, responsible for the growth and profitability of the countries, and for working with Herbalife independent distributors to grow the businesses in a sustainable manner. ZYTO Corp www.ZYTO.com , a Delaware non-publicly reporting company whose shares are publicly quoted for sale on the Pink Sheets, today announced that on July 21, 2010 it filed a registration statement on Form 10 with the Securities and Exchange Commission to voluntarily become a fully reporting company. |
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