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Network Marketing (MLM)
By Jacklyn | August 3, 2007
Network Marketing or Multi-Level Marketing (MLM) is a legitimate business which is base on the concept of direct sale of services or products to consumers and allowing them (the consumers) to distribute the products at the same time. Independent distributors succeed in network marketing by building an active organization using a proven system that recruits business partners and sell real products and services.
Is network marketing an illegal pyramid? Let us identity the difference between the two. Illegal pyramid are based on taking advantage of other people. For a person to actually make money in a pyramid scheme, someone has to lose money. Money is earned through recruiting people usually at a high entrance fee with low value products or even without any products at all. But in MLM, bonuses are earned through the sale of products or services. Each distributor can multiply his or her efforts, skills and talents by helping others to be successful. Network marketing has now became one of the largest distributions of products and services to the world.
Network marketing is not a get-rich scheme. It is a serious business for people who truly want to succeed and attain financial freedom in their life. It works on a proven system that successful pioneer distributors of the company have gone through and becomes a blue print for success. New distributors just need to follow the simple, proven and duplicable system that the company provides. Furthermore, the start up cost for a MLM business is considered very low compared to starting a traditional business.
The real key is this: Network marketing is all about leverage. You can leverage your time, your effort and ultimately, your income! By helping the people you personally sponsor to sponsor others, you duplicate yourself. As this process continues, you create compound growth that can lead to hundreds or thousands of people joining your business. It’s a win-win situation!
Late Paul J. Getty, who created one of the world’s greatest fortunes, said “I would rather make 1 percent on the efforts of 100 people than 100 percent on my own efforts.” This very basic concept is the cornerstone of network marketing.
Being personally involved in network marketing for the past 8 years, I truly enjoy the power of leverage on my time, efforts and income. To me, success is not just about dollars & cents or status, it’s about having the love, passion, good health and time freedom to enjoy my successes! Stay tune to my secrets to MLM success…
Topics: General, Network Marketing, Quotes | 10 Comments »
August 9th, 2007 at 3:43 pm
Hi,
I would like to exchange link with you. Ok for you ?
Thanks
August 12th, 2007 at 8:05 am
I believe that network marketing or MLM is suitable for certain kinds of personalities more so than others. If I am a naturally reserved and less exhuberant person (which I am), than it may seem odd for me to start recommending products or services to my friends and relatives. In fact, I believe that certain companies do a personality profile test before recruiting agents to make sure that they are game for the task.
Oh yes, I certainly agree that it is a big thing. Huge businesses like Avon and Nuskin were built from MLM.
August 15th, 2007 at 2:53 am
Hi KeeYit, thanks to your offer of link exchange. Will contact you after some adjustments to all my links. Cheers!
August 15th, 2007 at 3:18 am
Hi Walter,
I do agree with you to some extent that not everyone is cut to involve in network marketing. Successful network marketers are all very highly focused, motivated and committed to their life goals. We run our organizations as a biz rather than just a sales job.
From your blog, I would say you are definitely a good marketer! You have been sharing great stuff with us whether it’s food or entertainment lobangs, and great visiting places. You’ll be surprise how much this genuine sincere sharings of great stuffs and opportunities can change your life with more grateful friends, wealth, time freedom and happiness. I will not be surprise if one day you make your mark in this industry too!!!
September 24th, 2007 at 2:47 pm
I question the quote,
“New distributors just need to follow the simple, proven and duplicable system that the company provides”.
I believe that most MLM co’s do not have a duplicable system this is why most fail.
What is it 97 or 98% fail in MLM.
Not good for the industry!
There are better ways of doing MLM no matter what company you are with.
All the best!
Peter Scott.
December 24th, 2008 at 5:29 am
I really enjoyed your post. I will have to come back again to read some more of them.
August 17th, 2010 at 8:42 am
multi-level marketing is really one of the fastest way you can earn money in a short span of time:,,
October 5th, 2010 at 9:18 pm
multi-level marketing can really give you lots of profits if done right;;*
October 6th, 2010 at 7:54 pm
Thank you for the information…
October 19th, 2010 at 10:46 pm
no one can beat multi-level-marketing schemes when it comes to the sheer amount of money you can get from it,’,