MLM Truths That You Should Know

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The vast majority of people will eventually think about whether they're able to earn income online. Unfortunately, the lure of MLM pulls far too many people in, only for them to learn that they're not making any money and they end up believing that making money online must be a scam. Multi Level Marketing relies on you trying to bring new people into your downline so they can promote the same program as you in order for you to earn a commission from any work they've done. This is a deeply flawed business model, yet the clever wording and slick advertising MLM companies use make it seem like the best opportunity available anywhere in the world. Before you fall for the lure of a scheme such as this, think about the following points.
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Many people have been told that the business model for MLM is one of the best out there, a definite moneymaker that has no equal. This is not true at all. The truth is that less than one percent of people who take on MLM actually earn a profit. It is actually a lot easier to simply start your own business and sell your own products or services. What most people do not understand is that MLM is "shaky", an unreliable business model that has a lot of problems. One good book keeping error and the whole system falls apart. Perhaps the main reason so many beginners fall for MLM is that the sales pitch always makes it sound so simple. Just about every MLM program is going to tell you how easy it is to earn a ton of money. Yet, succeeding with MLM really does take a lot of work and patience. There might even be *more* work involved because so many people have gotten clued in to the fact that this is a business model that might not be on the up and up. It's not easy to encourage people to join up under you if they already don't trust MLM.
 
  
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A common myth often perpetuated by those in MLM is that the products that they sell will soon be sold in retail stores after they have been sold through multilevel marketing. To make a profit, the only way that most MLM companies can make money is to convince people in their company to buy their products wholesale, and sell them to other people. It is incredibly rare that any sort of retail establishment will want to buy the product - even when an MLMer takes them in to sell on consignment.  
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MLM or Multi Level Marketing might seem like a good way to make online money, if you haven't been able to do so in the past. However, this is one area of marketing that is filled with horror stories of people cheating, scamming and taking advantage of each other. Do you really want to start out in a field like this? Surely, this will not be an option for you. However, multi level marketing might seem attractive, even with all of its flaws. If you ever feel like you are still considering multi level marketing, hopefully the following reasons will snap you back to your senses.
  
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When it comes to MLM, there are plenty of myths circling around. Most of these misconceptions were created for the purpose of making people see multi level marketing as a wonderful tool for earning an online income. This is because the plan is to hook you and not let you go. Do not believe what is said. What we've mentioned here is just the beginning. If you take the time to do some further digging, you will discover tons of reasons why you should ignore multi level marketing.
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You've probably been told that MLM opportunities are better money makers than any other type of business model. This is absolutely wrong. People that try to do MLM usually fail - only 1% or less of the population has ever made any money at it. Starting an online business, promoting your products and services, will probably make you more cash. The business model presented by MLM companies is on shaky ground, a way of business that is not recommended for all. If there is a simple bookkeeping error, the whole system will crash.  
  
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Source 1:  [http://www.youtube.com/watch?v=27OKuhCcPyA linked website]
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One of the main reasons that multi level marketing is so alluring is because it seems like you do not have to do much to be successful. Surely, you must sell products and get new people working under you in the beginning. But if you recruit good people, you can simply let them sell and recruit others while you sit back and reap the rewards. This seems like a plan, right? The truth is that it takes a lot of work to build a solid down line of people to work for you. You have to provide instructions for them. You have to know how to pick out the ones that will still work for you, even after they find out that multi level marketing is not what it seems. You have to give them some reason for wanting to stay with you and work hard. A business cannot be profitable if there is no work involved. Do not lose sight of this.
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Source 2:  http://www.youtube.com/channel/UC4u6AUWTw_OBNzrnGqIzs8w
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MLM recruiters will always tell recruits that they can expect to get lots of money in a month. However, it takes about that amount of time to start and set up your portion of the business. This will involve making sure that everything is okay with the registration process, getting the right instructions from your recruiters and then making sure that you have received the correct merchandise. Then there is the little thing of selling products. Then there is the matter of hiring new people for your down line. It might take some time before you make any money.
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When it comes to MLM, there are plenty of myths circling around. Most of these misconceptions were created for the purpose of making people see multi level marketing as a wonderful tool for earning an online income. The is because the objective is to get you into the circle and then make it difficult for you leave. Do not let them reel you in. The things mentioned in this article is only a small portion of the bad things that you will experience. But, if you do your own homework, most likely you will discover more reasons for why you should not take multi level marketing seriously.
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Revision as of 09:53, 20 June 2014

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