MLM Truth and Lies

How to improve MLM business thru internet

First, be honest. Second, make sure you are selling something.

I remember with Amway many years ago. We "sold circles", which is to say we sold people on selling people on selling people on selling people. When I asked about selling soap or whatevery (they really did have a lot of good stuff), the people looked like I fell off the moon. Since then, last I heard, Amway expects you to sell a little soap if you expect to get the benefits of selling circles of people selling circles of people.

Most of the Internet MLM is similar. Like the chain letters of old, if I open a website or start sending emails to people, asking them to pay for the priviledge of opening websites and sending emails to people for the priviledge of opening websites and sending emails to people–you get the idea, so who is selling a product or service? Chain letters were deemed illegal years ago, but now–now we have the Internet and the postal inspectors can take a flying leap, right?

Convince people, honestly, that you honestly are selling a service or product.

I see so many questions from people who are of the idea that MLMs don’t work or are scams or other negetive things. How many of you that complain or have something negetive to say about the industry have actually tried them and put a real effort in to getting properly trained and put in the time and effort to work it as a business?<BR>
I don’t understand how people can complain about something they know so little about. I make my living full time from MLM. It is a respectful business if you work it the way it was meant to work. It pays better than most jobs including corporate office jobs and the products are usually far superior to the ones you can buy on the shelves.

An MLM is not an illegal pyramid scheme.

A pyramid scheme, is one where you have to pay the company for you to recruit others for them, and the company pays you a portion of the money they get from the recruits.

An MLM is the same, but the company doesn’t pay you a portion of the money they get from the recruits.

In other words, even though it is legal, an MLM is much worse to join than an illegal pyramid scheme. Therefore a person has to be extremely gullible and stupid to join an MLM.

Do you really think they are going to admit to being stupid enough to join an MLM. The only thing dumber, is to stay in an MLM after losing most of your money and telling your potential recruits "It works, I’ve made millions".

Is it a must to develop mutiple-stream income in one’s life to survive today?
What are some of the best legal and reliable sources of multiple-stream income that can be left passive in time and not take up too much energy and time since the main job still remains?
(I need new answers that excludes MLM; multilevel marketing schemes)

I have two answers.
Take what you need and leave what you don’t.
If you are looking for something online that will bring you multiple streams of income then here are my suggestions.
www.clickbank.com
Create your own product: ebook; ecourse; a novel; something of value.
And sell it on clickbank and have others sell it for you for 51% of the profits, and you get the other 49%.
Sign up with multiple accounts on clickbank to sell your own product – this will boost up your clickbank and others will want to sell for you.
Second solution:
Create your ebook and sell it on Amazon Kindle (If you are a US resident, but if you aren’t sell it on mobipocket.com).
When you create a few ebooks these become your multiple streams of income.
I trust this may have helped. I trust all is well.

Great question. As you probably know, there are a bunch of different compensation plans out there. The problem is that most of them don’t pay through a time spectrum. In other words, they tend to back-load their money. If you stay in a long time and get a lot of people under you you make a lot of money – but it often doesn’t happen up front. This allows people to get upset & frustrated so they quit.

Of the primary compensation plans out there:
1) Stair-step breakaway – one of the oldest and most difficult. You recruit people and place them directly below you. You get a percentage of what they do. People get placed below them and you make a smaller precentage of that. But when someone reaches your rank, they ‘break away’ from you and don’t count toward your volume/income. Income is focused on the top end producers, not on the early starters.

2) Binary – only 2 legs. You get paid on the weaker of the 2. They typically pay a when both legs match a certain volume. The problem is that you can have 1 leg with a ton of people but you won’t get paid from them because it is the balance between the 2 legs.

3) Matrix – legal issues tend to plague this type of plan. There has only been 1 with any long term success! Plus, look at how much money they generate – I don’t know too much about this one because I always dismissed it based on the legal problems.

4) Unilevel – you get paid a straight percentage off of people on your front line and a smaller percentage off people below them. For example, you put 5 people on your front line and you earn 10% off each of them. Each of them puts 5 under them (30 total people) – you earn 5% of of each of them. It will often pay 5% all the way down to the 5th level or 10th level.

I would argue that the Unilevel is the fairest & most equitable. It pays based on production without having to match anyone else. There is also no breakaway – that is a huge thing!

Traditional Unilevel does have its weaknesses though because it quits paying after the 5th level (or whatever cutoff they used). Personally, I was involved in a Binary plan in the past – hated it! I had one leg that took off but couldn’t ever get the other leg to match it so, even though I had a lot of people in my organization, I didn’t have an income to match it!

Find a plan that pays (and pays well) through 3 phases of money:
Immediate – rewards you up front for work you do and enables you to stay in business
Growth – good compensation plan that is fair and equitable
Residual – provides excellent long-term income potential based on a variety of bonuses.

To stay current, companies are having to make hybrids of these traditional plans. This can help bridge some of those gaps. I have an article that will explain more about this on my website…

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Advertise in places where your target market — those looking for business opportunities and open to MLM — goes. It could be any of the following:

1. Search engines. You can do pay per click advertising through Google Adwords https://adwords.google.com/select/ or Yahoo Advertising http://searchmarketing.yahoo.com/srchsb/index.php or some other providers. The key is to carefully monitor the conversion of the traffic you get – you just don’t want traffic; you want traffic that will sign up to your program. Google allows Adword advertisers to use for free their website analytics tool Google Analytics http://www.google.com/analytics/ which will analyze your conversion.

2. Advertise in websites that your target audience visits. Given that you’re trying to promote an MLM program, examples of the sites you want to advertise include

- MLM websites such as MLM review websites, journals such as Network Marketing Business Journal http://www.mmmonthly.com/ and general information websites on network marketing
- Sites that talks about business opportunities
- General websites for home business entrepreneurs such as PowerHomeBiz.com http://www.powerhomebiz.com
- Work at home/stay at home moms websites such as HBWM.com or WAHM.com