|
MLM - Fraud or Opportunity?
Be your own boss! Set your own
schedule. Retire Early! Who doesn't want that? Yeah 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, so 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
said,
"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!" Hmmmm ...
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 asked 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 $XXX 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 before they started", continued
another disgruntled former MLMer,
"Unfortunately too many try to
convince you that it is so easy, just like some Internet Marketers and their
ebooks or courses. 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 agree 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 you
need passion and drive to make your business work, regardless of whether it be
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.
One thing you MUST always be aware of
...
Be VERY careful when researching ANY
opportunity - MLM or not!
|
About The Author
Article supplied by Joe Robson
who owns The Newbie Club, widely recognized as the best and most
Newbie-Friendly site on the Web. Free membership and tutorials at
http://newbieclub.com
|
|
