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.
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