| Can YOU make money as a MLM distributor? | | | | there is very little to lose, most people do not give a |
| The real question is, can YOU make money in any | | | | 100% and do not tend to treat an online MLM |
| type of business? | | | | distributorship as a real business, Big Mistake! The |
| The answer, it is entirely up to YOU! Even if you spend | | | | other major problem is that upon joining an online MLM |
| a ton of money buying a profitable established | | | | company, new distributors are told to create a list of |
| business, providing you keep doing what the past | | | | everyone they know, call and present the opportunity |
| owner established and improve upon it, it is possible for | | | | to them. The new distributors that follow this advice |
| YOU to bankrupt that business. True, it is harder to | | | | are doomed right off the bat. The fact is that unless |
| destroy a well-established business, but not impossible, | | | | you have financial creditability such as a CEO of a |
| just have to look the Detroit big three. | | | | corporation, it is highly unlikely that any of your family or |
| We will compare the cost of purchasing a franchise | | | | friends will join you in your new venture; at this point, it |
| and a MLM distributorship. To start a brick and muter | | | | is just a matter of time before the distributor quits and |
| franchise, cost usually begin at approximately | | | | believes that an online MLM is bunk. How many |
| $150,000.00 and can run into the millions. The cost for | | | | lawyers, accountants, mortgage agents, real estate |
| home based franchises usually start at $15,000.00 and | | | | agents..... (you get the point) do you think would be |
| can run up into hundreds of thousands of dollars. In | | | | successful if they only relied on a list of people they |
| either case, you have invested a large sum of money, | | | | knew to grow their business? This holds true for MLM |
| more than likely, you Mortgaged the family home to | | | | distributors as well. |
| secure the financing required for the start up, but | | | | What is a distributor to do in order to be successful |
| unless you invest more money in prospecting and | | | | with any of the online MLM companies out there? |
| advertising, YOUR new business will not generate a | | | | They will need to invest both time and money |
| dime. Can YOU make this work? The advantage of | | | | promoting their new venture if they want it to succeed, |
| purchasing an established franchise is that there is | | | | just as they would in any other new start up business. |
| revenue being generated from day one, but in most | | | | Choose an online MLM company that offers products |
| cases an established franchise will cost anywhere | | | | that you would be proud to use yourself has a |
| from two to fives times the price of a new operation. | | | | payment plan that you can understand offering residual |
| Let us briefly examine at some of the difficulties of | | | | without having to continuously having to sell products |
| running a small mom and pop franchise store. You will | | | | or recruit distributors. More importantly choose a MLM |
| be working all the time; you will not have time to get | | | | system where your up-line is genuinely committed to |
| sick. ROI is usually 10 to a very maximum of 20% that | | | | helping you succeed. Be weary of MLM companies |
| is providing you run a real tight ship. Purchase a larger | | | | and up-lines that are constantly trying to sell you |
| store where you are able to hire employees, (now | | | | over-priced products and information, insisting that you |
| your thinking, wow! I have time to get sick) maybe you | | | | need to make the purchase if you want to succeed. |
| are even thinking of taking time off to spend with | | | | Once you have chosen a MLM company, ask your |
| family! Wrong again, from my experience the day that | | | | sponsor and up-line how to best promote your new |
| you planned to spend with your family, is the same | | | | venture. If they give you the same old song and dance |
| day that one or two employees will call in sick. The | | | | about putting together a list of everyone you know |
| truth is that you become a slave to your business. | | | | and nothing more, take control, educated yourself and |
| There may be nothing wrong with being a slave to | | | | seek professional advice from experts that will help |
| YOUR OWN business for a few years, if there was a | | | | you succeed. |
| light at the end of the tunnel, there usually is no light. As | | | | Bottom line, if the online MLM opportunity is run like a |
| a franchisee, you are a glorified manager; you have all | | | | real business, it will provide an excellent residual income. |
| of the risks of being the OWNER and none of the | | | | Look it this way, any type of business you start up in |
| benefits. Not a good life solution. | | | | reality is MLM. Say, you open a coffee shop, if your |
| With all the pit falls of owning a franchise, why are so | | | | coffee is good and more importantly you provide |
| many people rushing to invest such large sums of | | | | excellent customer service, word of mouth will spread, |
| money? They are sold a dream a dream of being in | | | | not only that you provide a good cup of coffee, but it |
| business for themselves (The American Dream) for | | | | also is a fun place to go for coffee. Is that not MLM |
| most this seems like a good life solution. Think Again, | | | | other people selling other people on your product and |
| once in the system most people find it difficult to get | | | | service. All businesses are about building relationships |
| out, they have invested too much time and money to | | | | with clients, keep in mind that your employees or |
| let go. A savvy franchisee will run a very tight ship, | | | | down-line are also clients, treat them with respect and |
| save as much money as possible and re-invest in | | | | they will help your business grow. If your sole propose |
| another store. Once a franchisee owns two or more | | | | for starting a business or meeting clients is $$$$ |
| stores, their income will rise up dramatically, | | | | STOP! Do not precede any further, you are bound to |
| unfortunately the investment and risk go up as well. | | | | fail miserably. Providing excellent service and great |
| An MLM business on the other hand requires very little | | | | products is the simple recipe for success for any |
| start up costs (you will NOT have to Mortgage the | | | | business and of course, you will need to Promote |
| family home) and ROI can be substantial. This being | | | | wisely. |
| the case why is it that 99% of distributors fail within | | | | Now that you know the simple secret to operating a |
| the first 2 years, where as the failure rate for new | | | | successful business, MLM is a great way to start |
| businesses is 80%. The blessing of a low investment | | | | working for yourself, especially if you have very little |
| to start an online MLM distributorship is also a curse. It | | | | capital to invest. |
| really boils down to this "Low Risk, Low Effort", when | | | | |