It's very sad to see how many people out there have mistaken the
concept of MLM. Network marketing is a very good platform for those
who are serious about earning side income, passive income or just
business.
Many people have made it look like a "scam" and "cheat other's
money to earn more money". As a business owner myself, I have many
business partners and associates who see MLM as an opportunity and
these my friends are Managing Directors even Vice presidents of big
MNCs and even one of the renowned international banks, likewise
average people see this as a getting rich quick scheme, pity those
who try to recruit their friends by making huge promises.
Network marketing is actually a business model, and normally
called "Human Franchise" that is why people need to refer to other
people by expanding the franchise via people or recruitment.
Many people failed due to several reasons, they pay the huge sum
of money with an expectation to see huge results in few months.
they pay the money and hope to sit down and wait for money to pour
in quickly, they have not found out the perfect MLM companies that
work for them. Not all MLM companies are made similar, they have
different structures.
Some MLM companies may train you how to prospect and sell their
products like a salesman, some companies may train you how to
expand their businesses by recruiting more downlines, some
companies may train you how to become a businessman and help the
company to increase sales volume. So as long as you have found the
one that suits your charateristic you'll go for it. All of these
require "recruitments" that is why it is called Network Marketing
and by all means, people are involved in this business.
Why pay big bucks to join an MLM company? The same goes for why
do you pay big bucks to pay McDonald to buy the franchise? MLM
company encourages you to buy their products so that you can use it
to yourself and eventually fall in love with it, because by joining
the MLM company you are ultimately part of the business, and you
walk to your clients or prospects as if you own the company that is
why it's called "Human Franchise". If you don't like or love the
products of your own company, how can you prospect and convince
others to join you ? If you pay huge sum of money to McDonald, but
you haven't even tried a bite of the burger, what makes you think
your customers will want to try it?
That is why many people fail in this business and only few
succeeds. Isn't this the same thing happening to real life even in
traditional businesses ? many fail and few succeeds. When people
fail in MLM industry, they will blame the company or
uplines for cheating the money and it never works, while on
the other hand, when people fail in traditional businesses, they
will blame their lacking of money to do marketing, the economic
situation is not on their side, no businesses, and the list goes
on. Can you imagine what the world will become if
all people succeed and no one fails ?
MLM company is a very low risk and very low cost for most
entries, it is an opportunity to earn money but absolutely not a
getting rich quick scheme, you need to work hard in the beginning
to reap the effort. because in the long run, once you have many
downlines, the system will work for you and you will start making
your passive income. This is truly a dream come true for most
business owners and entrepreneurs.
I am not saying LFI is the best, but in my personal point of
view, LFI has the simplest structure for you to create downlines
with minimal effort. Once again, it all comes down to you, look at
yourself, why you fail in MLM companies and whine, but the
successful ones are doing it effortlessly without complaining. The
problem lies in you not the company.
Most MLM companies require team work, not a one man show. This
is another reason why many people fail too, because they tend to
skip the gatherings or meetings with their fellow members, because
they cant be bothered, they think it is a waste of time, they only
want to participate after they have earned money in the company.
They just keep finding excuses to shy away from the group
meetings.
Again, many businessmen see MLM as an opportunity and just in
case you don't know, many high net worth persons in this world have
done MLM before ad even if they haven't done it, they are very open
to it. In this case, Donald Trump is one of the men, when he was
interviewed and asked what he would do if he goes bankrupt, he
replied "Network Marketing" and all of the audiences responded with
chuckles and laughters. Trump then said to the audiences "that is
why you are sitting down there laughing and I am on the stage
here".
I stand by the power of network marketing and I continue running
my conventional businesses and doing network marketing without
feeling ashamed. I only pity those who avoid money making
opportunies, especially those who have never been in the MLM
industries but they speak evil of it as if they have tried it.