m.l.m or networking

@picjim (3002)
India
September 26, 2009 7:27pm CST
What do you think are the steps one has to take to be a success at multi level marketing?Do you think this is an effective business to take up which adds to your existing income?Do come out with your valuable tips Dear mylotters.
1 person likes this
4 responses
@UmiNoor (4521)
• Malaysia
27 Sep 09
I used to think that MLM is the short cut to making a lot of money. It turned out to be a short cut to making a lot of enemies since you're encouraged by your upline to promote the company wherever you go - at your children's school functions, at your family gatherings, at your husband's workplace; anywhere and everywhere. My upline and her upline are sisters and they are always jumping from one biz opp to another. And they're the ones who are always making the money because they're always at the top. When one MLM company has saturated, they'll search for another. And when that is saturated, they'll go for another. There's no loyalty. And the products are so overpriced, it's difficult to sell the products. I would not recommend anyone to venture into MLM unless you're at the top and you have a large network of friends and relatives who are willing to part with their money. And to earn you have to recruit fast before people start to give up and leave the MLM company. This is not a way to earn residual income. The turnover in MLM is very high that you need to continually work to find new "investors". It's nothing more than a pyramid scheme cloaked by having products that are actually unsaleable.
@picjim (3002)
• India
27 Sep 09
I deeply appreciate your practical advise of hoe things work and what are the pitfalls of doing an M.L.M business.
@picjim (3002)
• India
27 Sep 09
Error:How things work.
@Cherryd41 (1119)
• United States
27 Sep 09
Hi PICJIM I have done several MLM or Network Marketing ventures in the past I haven't done one in over 6 years and don't plan to do any I do know from experience that it takes a lot of hard work and dedication.don't let anyone tell you that Network Marketing or MLM is fun because if they tell you that their not being truthful There are many people who are successful at it and I can tell you this the ones who make the most money will always be the ones who are at the top and thats the company and its founders. In this day and time I would never get into a MLM which has an automatic withdrawal from my bank account unless you really love the product and are making some type of progress financially its just not worth it in my opinion Not all but some MLM companies are scams and some just pack up and leave without telling their members anything it all depends on how the founders and CEO's are handling the business if they go belly up from bad decisions guess what? ...so do you I would research as much as I can into any MLM company I would choose to join don't just let the recruiter fill your head with promises of this and that I have to be honest I have made more money doing other online endeavors than I have ever made selling any network marketing companies products It was a learning experience but no more selling pill.vitamins ,lotions and potions, for me a lot of the time those products are expensive to buy and you find yourself having to convince someone to either purchase some from you or get into the business.Then there are the wonderful conference callsand in home or company rah rah meeting where people testify to sometimes false claims about the effectiveness of the product. This happens because the company uses you to market the product so they sell you start up kit thats talks about their turn key business you invest money and then you have to try and figure out how to peddle the products. In my opinion if you want to start a home based business something like Avon, Mary Kay , SMC those are companies that sell products but you dont necessarily have to have an automatic monthly shipment in order to be a member. Now I am not saying all companies are like this and not trying to bash any one company notice I didn't mention any MLM company that I thought was not worth the time of day although I do know of some LOL Just stay focused on what you feel you will want to do make sure you have time to do it and let your business revolve around your family not the other way around especially if you have young ones because its not easy to run a business and take care of the needs of small children at the same time Well I could say more but I better cut it off here I hope this helps Happy Mylotting
@picjim (3002)
• India
27 Sep 09
Thank you for your invaluable input regarding M.L.M.I've come to realize several aspects of M.L.M business which i was unaware of.You've helped me by giving an overview of what it takes to be successful at M.L.M
@Cherryd41 (1119)
• United States
27 Sep 09
Your quite welcome PICJIM Just wanted to share with you my experience and the experience of others who I have spoken to about viewpoints with MLM and NetorkMarketing Glad I could help
@Hatley (163772)
• Garden Grove, California
27 Sep 09
hi picjim well I dont know how these mlm people get by'with this as mlm in a lot of places is totally illegal.Only the big shots on the top level make any real money all the rest get the crumbs. dont fall for mlm schemes, you will work for years for peanuts and just wear yourself out. Better to start a home business of some sort as the crap on the net is mostly scamming.
@picjim (3002)
• India
27 Sep 09
Hi HATLEY,Thank you for the good advise you've given me i'll take into account all you've mentioned.
@CJscott (4187)
• Portage La Prairie, Manitoba
9 Oct 09
You have to be good at Shipping and Receiving. Relationshipping, friendshipping, partnershipping, and then receiving a check in the mail. You have be be a mentor and coach, and do it to see other's succeed more then to see yourself succeed. You have to build know, like and trust. Again, tomorrow I will send you a PM about this topic, it will include a referral link to the best free training for Network Marketing there is. Cheers.
@picjim (3002)
• India
9 Oct 09
Thank you i value your response.