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Ideas/Section-10
Any worthwhile MLM that
is going to benefit you financially will require an INVESTMENT of
your own money to start and operate. I talked with several successful
multi-level marketers and most of them suggested at least $5,000
or more of available funds to get started.
But the 1,000s of people who don't have this kind of money to invest
will try and create their own programs. These worthless programs
include chain letters, birthday clubs and such. None of these make
anyone any money except the people that created them. And it's not
fair to the multi-level marketing industry to confuse the two different
concepts.
I'm sure there are a few of you out there reading this that will
disagree with the statement above. You might have made a few dollars
with the birthday club or chain-type program you have promoted.
But I don't know of one person who can honestly say that they made
more money than they invested. If you have to spend $100 a month
promoting a program that only returns $10 back to you in commissions
-- you are losing $90 a month, plain and simple.
Multi-level marketing is a fantastic way to make an income. But
people who make the kind of money you are probably dreaming of have
worked their tails off to get it. Signing up distributors that pay
you a commission is hard work. You have to spend money to train
them and keep them interested in the MLM product. You have to hold
meetings and pay astronomical telephone charges. You have to spend
money faxing information to prospective distributors as well as
lots of money on postage and printing. Promoting an MLM will not
be cheap. You'll have to have some money to invest before you can
reap the financial rewards. Believe it or not!
Multi-level marketing is really a simple concept but it gets confusing
when the levels grow beneath you. Just like a family tree starts
out with your mom and dad, then doubles to your grandparents (we're
up to six people) and then more than quadruples to your great-grandparents
(we're up to a total of 14 people) -- a multi-level downline is
the same thing. It's confusing until you understand it.
Chain letters and programs where you add your name to a list, let
it move through a variety of diferent levels and hope to make millions
of dollars will NEVER happen. In fact, you'll go broke promoting
these types of programs because many of them ask for a monthly fee.
When I interviewed several hundred people over the years who were
involved in these types of programs -- every one of them had spent
more money than they got back. But each one of them had faith that
they would make money soon and continued to support the worthless
program.
One particular lady that I considered my friend grew very angry
at me for telling her that the programs she was involved in were
worthless. But after a year, she called me back and apologized.
She explained that these programs were so "beefed-up"
by the people who started them that she was mentally convinced she
would really be rich in a short period of time. She described the
feeling as similar to how an addicted gambler would feel -- and
she wouldn't accept my advice until after she had been burned and
robbed.
Perhaps you may be the same way. But if you aren't afraid to challenge
me in order to prove it to yourself, just send for more information
on an established company like Watkins, Mary Kaye, Avon or NeTel
Long Distance Communications. At least look at what a REAL multi-level
marekting company is. Compare it to the program you are working
and see the difference for yourself.
Tips for MLM'ers
1. Only get involved with a company that
sells products that you personally would use -- regardless if you
make money from them or not.
2. Never join a company until you have
clear knowledge of the company's past record and honesty in paying
prompt commissions. (Ask to contact some of the members before joining
to question them personally.)
