Tuesday, November 22, 2011

What is MLM and its Little-Known Secrets to Creating Residual Income

Michelle was a single mom who lost her husband in the war 2 years ago.   She had no formal education, in fact she only had a high school degree.    No training or marketing skills to offer anyone.
For years she was just a stay at home mom taking care of her 2 kids.   When her husband was killed in the war she was left with, not much.     The pension was not enough for her to live on.
She needed to find something to earn a living with, and do it fast.  But she had not skills.
Michelle was introduced to an MLM company that said to her, “you dont need any money, education, or marketing skills”.   You can go out and present the products to others and build a team of distributors, then make a residual income.
Michelle didn’t have time to figure out if this was right for her.  She went to work building her business.
Within 12 months Michelle was earning a 6 figure income.   She now does not have to worry about earning a living because here MLM team of over 2000 distributors, and growing fast.
What is MLM?  The term stands for Multi Level Marketing.    MLM is all about moving products to the market, using distributors.
Usually when you think of products moving from the distribution to the market, its the standard advertising and people buy the products in the stores.     Companies decided, why not take the money given to advertisers, or the money put into building stores, and put that into your hands.
You the distributor, get to start your own business with very little money or risk.   You get to try the products and then recommend them to your friends.  If your friends like the product then they do the same.   Your now building a business from referrals.     The business grows because each new person comes on board also becomes a distributor.
People ask me the question allot, what is mlm?    And sure you can get products to the market, but I like to tell people this.  MLM is about building a dream.  Building a lifestyle that you could never get anyplace else.     If you try and work your way up the corporate latter and earn a six figure in less than a year, its not going to happen.
MLM is about building residual income for yourself.   When you go to your job you trade time for money.    Your value you bring to that job is all you get paid for.     MLM will give you an income each month from the work you did from day one.   What I mean is, MLM takes time to build, but the very first day you start your business is the first seed you plant for your income tree.
What is MLM question can also lead to other things like, pyramid scheme, or this does not work.    First off pyramid schemes are illegal, and if it didn’t work then there would not be 30 million active MLM distributors worldwide today.     MLM is not a get rich quick business.   You have to go to work and build a team.   Most people who say it does not work tried it out for a few months and quit.   When you quit then yes it does not work.     Its no different than any other business.  If you own a restaurant and you quit serving people.  Well then your business does not work.
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