Tuesday, January 31, 2012

Are You Considering Joining Multi Level Marketing? Read This First

By Reginald Assum


Many people join mlm, but why? Sometimes people think badly of MLM, probably due to the stories you sometimes hear of folks getting ripped off in pyramid schemes and such like, there are also some pretty bad sponsors out there who sign folks up and never actually contact them again, it's not difficult for these type of things to leave a bad taste in many people's mouths. People often get sceptical anytime you mention Multi Level Marketing to them.

I'd like to ask you, do you think that anyone should join MLM?

Here are some comparisons which will illustrate things better The large majority of society is working for someone else, building their employers empire and probably will do so until the age of 60-65, on the whole the average salary per person seems to be in the region of $36,000. I'm just talking about averages here, I know there are many who earn more than this. On the whole you will work around 40 hours each and every week so that your salary keeps coming in.

I want to use my own MLM business as an example here to put things into perspective. With product marketing and also sponsoring others into their business, many people have developed impressive residual incomes. I am pleased to say that the company I am involved with is 100% ethical and provides products that change people's lives for the better and allows them to go on to become very successful. Each time I get a new customer I will earn $45 per 30 days. Even if over the next year I was only able to find 100 new customers then my earnings are going to be $4,500 each month which equates to more than the average wage.

Naturally I am not going to be content with that I would try for 200, 300 and more sales during the course of a year. But suppose that I recruited 100 people on my front line as distributors who I would earn an average of $15 from every sale that they made, that's another $1,500 a month. When their team also sells products I also earn 3% of their sales volume. Now assume that you had a product that transforms people's lives and that the company wide retention rate is 93%.

There is some great potential here, can you see it?

These days we are able to effectively leverage the power of the internet to grow our business. Given the fact that the internet offers us the chance to bring in leads all day long to your business, the power to build a residual income should not be ignored.

When it comes to residual income I struggle to think of any other method where this can be created from home. MLM is not some kind of get rich quick scheme so I have been very conservative in my comparison figures. Large incomes can be made in mlm but you need to have a long term vision. There are however folks that earn well over $10K a week in this business. Whilst surfing the waves outside his home in Costa Rica my mentor earned $28K in 2 weeks! I'm sure he won't have any objection to me telling you that he started his business online about 7 months ago with only a budget of $250!.




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