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The Multi-level Marketing (MLM) Trap
In the search for the quickest way to get rich, many people fall prey with promise of easy money. One example is the idea of multi-level marketing (MLM). Multi-level marketing (MLM) is also known as network marketing and referral marketing. MLM is easy enough to understand. Imagine you have a product to sell. A common MLM product is a vitamin or mineral supplement. You could do what most businesses do: either sell it directly to consumers or find others who will buy your product from you and sell it to other people. MLM schemes require that you recruit people not only to buy and sell your product, but who will also recruit people who will not only buy and sell your product but also recruit people thus perpetuating a never-ending cycle. Only there is an end to the supposed self-sustaining business practice of MLM.
If MLM sounds too good to be true, then maybe it is. Most traditional business people would never consider such a venture. Why would you recruit people to compete with you? Isn't that what you are doing when you recruit people to sell the same products you are selling? The MLM lure will convince you that it is reasonable to recruit competitors because they won't really be competitors since you will get a cut of their profits. This will take your mind off the fact that no matter how big your town or market, your possible recruits will never be exhausted. But the well will go dry soon enough.
Multi-level marketing (MLM) is system of marketing which puts more emphasis upon the recruiting of distributors than on the selling of products. MLM is very attractive, however, because it sells hope and appears to be outside the mainstream of business as usual. It promises wealth and independence to all. Unfortunately, no matter what the product, MLM is doomed to produce more failures than successes. For every MLM distributor who makes a decent living or even a decent supplemental income, there are at least ten who do little more than buy products and promotional materials, costing them much more than they will ever earn as an MLM agent. There will always be some MLM distributors who will make money in an MLM scheme. The majority, however, will fail due to the nature of all pyramid schemes.
A pyramid scheme is a fraudulent system of making money, which requires an endless stream of recruits for success. Recruits (a) give money to recruiters and (b) enlist fresh recruits to give them money. A pyramid scheme is called a pyramid scheme because of the shape of a pyramid: a three dimensional triangle. If a pyramid were started by a human being at the top with just 10 people beneath him, and 100 beneath them, and 1000 beneath them, etc., the pyramid would involve everyone on earth in just ten layers of people with one con man on top. The difference between a pyramid scheme and MLM marketing is that the latter is a legal business practice. A pyramid scheme does not sell any product and only requires a monetary investment from the down line for them to succeed.
MLM only benefits the company because the more recruits they get, the more money they receive from their share of the down line's recruits. Aside from that, the costs that these recruits spend on are not covered by the MLM company. In the end, they lose more money than earn it.
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Every day millions of employees go to their place of employment for their employers to use their time and effort to build a business --- a financial future, without any "REAL" consideration for their employees future!
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Just finished check my email. Nothing new, three payment notification emails from PayPal, two new ClickBank sales, one new prospect in membership site I'm promoting and one mail from a frustrated marketer"I've been doing Internet marketing for last 3 years, I've joined so many programs. I max out my credit card but haven't made a dime yet."
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An MLM leads list is simply the list of prospective customers and recruits that an independent distributor, also known as the business owner, has acquired. In a multi-level marketing (MLM) venture, the goal is to sell the products or services of the parent company and identify potential distributors to add to the business owner's network. If it is comprised of viable prospects, the MLM leads list is the most valuable marketing tool that a business owner will own.
Network Marketing Decisions: Ask Mr. Kipling
I kept six honest serving men, They taught me all I knew. Their names are What and Why and When And How and Where and Who.
MLM Training - The MLM Success Declaration of Independence
MLM Success Declaration of Personal Independence is a declaration of Success for all Network Marketers, and declares that that It Is Time for Success to become the Dominating Force and Focus in your life, and your future. Many people today simply do not understand that Success can be obtained in life, whether MLM or any other entrepreneurial enterprise. This is" drawing a line in the sand, " and saying "Enough is Enough!" Negative thinking will only produce a negative life, and that is NOT what you want for your future and life. Declare today that you WILL Succeed and nothing or no one will stop you. PERIOD.
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No, this baby boom will certainly not swamp the Social Security system (sort of a bad joke for those that live in the United States, but many other countries...most notably Japan...have an even more acute problem), but this baby boom is revolutionizing the way that pay per click advertising is being spread across the Internet.
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A List for MLM Success.
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Did you know you can get free newspaper and television advertising for your home business? How? Just pick up the telephone and call your local media and tell them all about your home business. If they think your home business is interesting enough, they'll come out and interview you, and just like that--free publicity!
Network Marketing is Nothing but a Scheme!
When you say network marketing immediately the main stream public thinks negative things, but truly network marketing is a neutral entity. It's not good or bad it's just a business model.
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Working genealogy leads can be an effective method of building your network marketing business. One of the biggest hurdles that you face in recruiting has already been overcome for you - getting the prospect to buy into network marketing as a legitimate business model.
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What is MLM Prospecting?
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Are you looking for a good network marketing opportunity? Want to tap into the secrets of Internet billionaires? Wish to be a top revenue maker? Then you should follow in the footsteps of successful marketers, and do what they do ? find a network marketing opportunity that feels tailor-made for you.
3 Simple Tips Of Getting Referrals Without Any Fuss!
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MLM Network Marketing Success Secret - Own The Product
Did I hear you say that these are not your products? These are somebody else's?
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