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Old 08-21-2008, 10:22 AM   #1 (permalink)
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Default Starting an MLM business

The people that start them or get in early seem to be the ones that get rich. Anyone come across a good site that shows you how to start one by yourself?
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Old 08-21-2008, 10:56 AM   #2 (permalink)
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I see MLMs as vile because it's true that the only people who really get rich off them are the people who start them. I've met many people who were sold on getting rich because they bought into pyramid schemes like MLMs. Anless you have something that can really help people, I would hope you don't spend your time creating something as shady as mlm. If you really want to get started doing that stuff, the best way would be to imitate the people who do it best (study their marketing/business strategy and work from there). Maybe the Wikipedia article will help you?

Another thing to keep in mind: are you wanting to do this because of passion or greed? Passion = success. Greed = failure.
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Old 08-21-2008, 02:51 PM   #3 (permalink)
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Wow, I agree. I am very familiar with MLM's and would not suggest them to anyone.

There may be good money in them for some people, but they breed a huge amount of negative energy. It's not the type of energy you want to surround yourself with.

Just one example: All of them push their distributors to promote to friends and family. We all know about that negative energy; we've all had someone try to push their "great program" on us at one time or another.
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Old 08-22-2008, 11:14 AM   #4 (permalink)
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Quote:
Originally Posted by Marty McFly View Post
The people that start them or get in early seem to be the ones that get rich.
Interesting this seems to be the case for any normal company as well. They people that have the original idea and start the company are the ones with the biggest pay cheque. Bill Gates started Microsoft have a look at him now. I you join MS today as an employee I don't think that you will get very rich except if you are in a very Senior Management Position.

If you join an established MLM today you have a higher chance to get rich and get a sizable passive income for years to come. I am saying a higher chance, reality is not many people get there. But many people are able to generate a passive income of $500 per month after being in the business for several years.

Check out my blog The Goyin Blog - Nutritional Mood Enhancing Energy Drink about one of the biggest problems in network marketing. The system works for everyone, it is the people that become greedy who give the industry a bad name.

If you like to start an MLM business, let me ask you a question, do you have a good product?
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Old 08-22-2008, 03:33 PM   #5 (permalink)
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Are MLM's bad? I would say 99% are bad. Especially the start-up's, those that don't have a track record of I forget how many years (5?) die down very often, leading many people to have "wasted" a lot of money, time and people resources into a failed venture. Not only do many MLM's have a poor pay structure, with steadily minusing commissions, "breakaways" with your whole team leaving you so that you get higher commissions for, a limited amount of products and poor training.

I'm in MarketAmerica. It doesn't have any of those above mentioned problems, and after being in the business for about 1/2 a year, I believe it's a Lightworker business, due to the positive energy of the people around me, their intensity, clarity of what they truly want and overall go-now attitude. It's a 16 year old company located in North Carolina, Greensboro and was in the stock market for a few years, with Jennifer Lopez (Famous Singer), Joey Cheek (World Champion Speed Skater, Gold Medal in 2006 Winter Olympics) who joined after MA offered to donate part of the sales to "Right to Play".

I've seen a lot of great people and a very positive vibe, both Internationally in Greensboro where headoffice is and also in Toronto where I live. But then again many people who are in MA don't think of it as an MLM, which they joke is (Make-Little-Money) because in many significant ways, though there is that networking aspect, it's different from everything else in terms of quality of product, depth of how many partner stores they have and the above mentioned issiues.

I've been told that that the below link of OPC-3 is the best selling supplement in the world, products (Isotonix OPC-3) , click the video to see how it's 95% absorption rate in 5 minutes works. B-12 for the vegetarians/vegans here anyone? Sign up as a preferred customer and buy from me, thanks. And if you'd like to join and are in Canada, send me a PM, I'm in the Toronto Area.
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Old 08-22-2008, 06:47 PM   #6 (permalink)
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these styles of business can work and I think a 'natural' way to do business however they do have a bad name. What business are you lookingto start?

dave
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