MLM: myths and reality

Today one can find lots of offers to make money in different MLM projects. Along with that there are many myths and legends about multi-level marketing.

Many of those who gave faced online MLM projects mistakenly think that multi-level marketing is a financial pyramid. In reality, the idea of such marketing is distributing products by different ways and getting remuneration for that.

Usually, there are no limits in how much money distributors can make. But, in reality, very few of them achieve success. That’s why there are so many myths about multi-level marketing:

MLM is a scam. This myth appeared because many financial pyramids pretended to be MLM projects.

How to distinguish MLM project from a financial pyramid? The first sign is an entrance fee (legit company will not make you pay huge sums of money). Then look at the product offered by the company. If it’s useless, be sure you are dealing with fraudsters.  

You can’t make money in MLM. This myth was made up by those who tried to make money in MLM, but failed. If you are sure you in what you are doing and ready to work hard, hardly should you believe such myths.   

MLM is the best business. Multi-level marketing companies have been at the market for 60 years, and not a single one took leading positions in the world. Moreover, multi-level marketing takes very small part in the sphere of commodity turnover.  

MLM is a way to independence. One shouldn’t think about independence in MLM projects as the rules are the same for all participants. Even on the highest levels you will have to take into account general strategy.

Multi-level marketing is a guaranteed success and wealth. To tell the truth, not everyone manages to make big sums of money in such projects. To make money in an MLM project you have to strictly follow recommendations and work hard 24/7. And there is no guarantee you will have an amazing profit! That’s why you should understand that, probably, you will lose a lot when being in this business.

Despite all the negative features of multi-level marketing, you can make money here. The most important thing in multi-level marketing is to start a money machine that will bring you profit later. Here are some tips that will help you:

1. Design your own website. Well-designed website can play very important role in a customer’s decision to make a purchase. When advertising products, give direct link to your website.    

2. Organize your time right. As soon as you join MLM project, you will have to plan your time. Include self-improvement, work and rest into your agenda. Try not to forget anything as correct time planning is a key to success.

3. Improve yourself. Visit seminars, trainings, try to think positively and develop yourself. Create an image of successful person, and soon you will become one.