What is MLM Networking?
Definition: Multi-level marketing (MLM) also called pyramid selling, network marketing, and referral marketing, is a controversial marketing strategy for the sale of products and/or services where the revenue of the MLM company is derived from a non-salaried workforce (also called participants, and variously known as “salespeople”.
Basic History of MLM’s
MLM’s have been around since the 1920s and 1930s in California. Names such as Shaklee, Avon, and Mary Kay are just a few of the MLMs that circulate around the country today, including other countries such as Canada, El Salvador, and even China.
Is it Right for YOU?
Unfortunately, not all MLM’s are for everyone. In networking business, you have to be able to recruit the company’s products by getting people to join your “team.” This is a typical Pyramid theme/scheme within itself, so there’s no way to hide the facts when you are part of an MLM yourself!
People are “Variables”
Each “team member” is responsible for getting their own team-mates by venturing out into the real world to find potential prospects. MLM workers are set out to “fly” off into stores, malls, and coffee shops to locate prospects to build their team. However, not all prospects will be led through the process with integrity. For instance, some recruiters/sales workers have to use the skill of manipulation to lead a prospect to sign up.
Reconsider your attitude and understand to be careful about letting your pride/ego lead you to believe in strangers who claim to be your friends in an MLM.
***Perhaps, the only good habits or skills a person can develop if they haven’t already is reading and listening skills primarily due to having to listen to all the endless rhetoric talks/seminars in an MLM. However, some may be useful to you.
Sponsors and your “upline” can be strategic deceivers who may try to claim that you are “negative” once you realize you are aware of them misleading you into their scheme; no one should have to lie or be deceitful to you to get you to JOIN their MLM. Of course, every human being experiences feelings of negativity–it’s human nature.
In extreme cases, don’t let your upline convince you to abandon your family and close relationships to best suit their needs. Of course, they depend on you to fund their “business” and you should be willing to accept that.
*YOU need to make your own mistakes and learn from them. Do you trust your upline? Do they lie to you or hide facts from you? Do they offer unsolicited advice that they have no knowledge about? Ask yourself these types of questions before deciding whether or not this is the right place for you.
***If various problems prolong throughout your MLM experience, please get some Help for your dependency issues if you develop a series of habits/behaviors that will lead to divorce, financial loss, and emotional damage.
Tips: for those interested in a hyped up Motivational Organization—If you are a go-getter, positive, or Pavlo’s Dog then you’ll love listening to endless audios and other “motivational” material used to manipulate you into a robot. *Guaranteed results to develop a codependent, obsessive, habit/behavior for those who are not strong-minded or wise enough to discontinue these habits for their own sanity.J.K!
Develop discipline and your own strategies to help you along the way.
Seek Clarity and Pause/Reflect
Clearly, not all people are suited to succeed in MLMs, and most end up quitting before they invest too many years of their time & money into it before they realize they are in debt. The premise is to sell you hope and a dream. The golden opportunity per se. If you do not buy into the dream, then you will not produce success.
Heck, if you are married these days, then consider yourself lucky and fortunate; you should be grateful to have found the love of your life, and if you decide to take on an MLM business while you are married, well, be careful about how you treat your spouse. You never know who may just be a better man or woman who can care for their needs more than you while you pursue/chase a DREAM.
What are the costs to start up in an Amway MLM Business?
The costs vary within the organization; however, the startup cost for Amway is $180.00 for an introduction kit. Plus additional costs if you are connecting to their other business wwdb, which costs $50 for Premier. Not including the web fees of roughly $20+.
*Be careful, your sponsor will most likely encourage you and insist for you to purchase the Amway kit, which contains most items you will not even need for this type of “business.” If you read the information provided on the Amway site regarding the kit, it is optional.
Startup Fees for Amway IBO Monthly FEES
Communikate Application: -$37 monthly fee
Amway Platform fee: -$20+
Anticipated PV (points) are 150 PV+ = to roughly amt. of -$300 and upwards. Note. Your sponsor or “coach” will attempt to persuade you to “invest” more money into your list of products.
Seminars: Varies from -$20 and up per person
Rallies $150+ (@4 per year) = to -$50 per month on average per person
Standing order for audios: -$25 Note. Standing order is optional, however, your sponsor or “coach” will expect you to sign up for this.
Additional Books and Cd’s: Varies from -$10-22 and up.
Do the math and add up the numbers. If you were to choose from an MLM such as Amway, Avon, or Herbalife (there are more not mentioned here). Clearly, you will have to spend a great deal of your time & money into people and the system before you will even earn a cent.
In other words, you will lose out more money and time with no guarantee of ROI, even if you do get people to join you. That’s a hefty amount of money to put into a company that depends and requires you to get out and gain distributors for your team; this doesn’t include the costs required to produce products through your store.
***Be careful who you let into your life; they may not have your best interests at heart. In fact, most greedy individuals do not have your best interest at heart and will gladly manage your money for you if you do not do so for yourself.
EXAMPLES of DECEPTIVE TACTICS Sponsors use to hook you in: A sales hustler (MLM, IBO etc.) will approach you with great interest and enthusiasm to get to “know you”. For instance, an IBO may say, “I like your leggings” with great interest and a huge smile plastered on their face in hopes to gain your attention; this deceptive tactic is used by those who think they are clever at stroking your ego to help ease you into a conversation.
Note. Not all MLMs are scams. Though, be cautious and evaluate the pros and cons of that institution. If you are determined to do it, then you will do as you intended.
FACT: Using compliments to gain a monetary need/profit in return is deceitful and misleading, equivalent to a fake friend. Use facts and be upfront and honest about your business opportunity. No one likes to be lied to by use of deceptive tactics, it’s insulting.
*If you fall prey to a predator, be prepared to stand your ground firm like a tree deeply rooted in the Earth’s soil.
Sacrifice Time & Money
Most importantly, you will sacrifice your time and money once you join and become part of an expensive MLM program.
However, if you are trustworthy and have integrity, maybe you will succeed to the higher levels near the top knowing you did the right thing by being honest from the beginning. The failure rate is 99% in Amway. But, honestly, who is trustworthy in your life? Maybe you should ask your friends to take the Dark Triad Test before you get too involved.
Maybe, just maybe…greed won’t overtake you into secretly taking from others, which is not yours for the taking. BE HONEST and have Integrity. Those who will take from others without their consent is called manipulation. Can you honestly trust your upline and sponsor as truthful “team” members in an MLM organization who will not “feed on” your income to suit their needs first? Ponder that thought before you decide to become an MLM sales worker.
***Take the time to really think about what the pros and cons of this “business” have to offer in ROI. Is it worth your time and money to sacrifice your way of life, family, or self-values? That is the question you need to ask yourself.
***You do not need permission to take control of your life. We all have free will. Choose wisely.