You’d
think that after all the years that multi-level or network marketing has been around (it all started circa 1920s),
people would by now be clear on what the strategy does and does not do.
Unfortunately, this is not the case; there is still a lot of uncertainty about
MLM. Try asking three of your friends what multi-level marketing is, and odds
are at least one of them would say it’s a scam. One might say it’s simply
another marketing strategy, and that it’s a good venture to go into.
Just
a piece of friendly advice: stick with that friend. Because while there are
many misconceptions regarding multi-level marketing and companies like My Lead
System Pro which use MLM, what is clear is that it works when done properly.
The strategy will not persist this long if it cannot earn money. There are,
however, some pros and cons in joining a network marketing venture, and here are some of them.
Pros
It makes you work smart, not hard. It’s
a common saying nowadays—sadly not a common practice, however. With network marketing, you are not just
simply selling your product. You can create a downline that will help you earn
passively. This means as long as the people you recruit are earning, you can
also earn via commission based on the company’s structure.
It trains you for success.
What is often overlooked is the fact that network marketing trains you for the
skills you need in setting up and maintaining your own business. Too many
people focus on lengthening their downlines or recruiting more and more
salespeople just to get the incentives. If you look more closely, however, you
will see that you are being trained to sell, to motivate yourself, to manage
your precious time, and create connections—all of which are crucial to any business.
Although
the material benefits are important, even more important is the
self-improvement you will be going through; after all, this could even be
priceless in the long run.
Cons
It looks a lot like a scam.
This is the most common problem with network
marketing ventures these days. Since you get to earn more with less effort,
it’s a scam, right? Wrong. There are legitimate ways of earning money through
MLM, as many who dared have found out. However, it is also true that many
scammers pretend to be multi-level marketers, which could make it difficult to
find those who operate legitimately, like My Lead System Pro.
Too many people focus on the wrong thing.
This could be discouraging both for those inside and outside the network marketing company. Imagine if
you end up in a company that prioritizes recruitment more than selling, when it
should be the other way around. This might be contagious; soon, you will be
focusing more on trying to evangelize recruits instead of developing your
skills and putting it into good use by actually selling.
Remember
that all ventures or strategies have their advantages and disadvantages; the
key is to be thoroughly informed so that you will have no regrets in the
future.
Thomas Wallace
Six Year Cancer Survivor - Everyday is Important!
Six Year Cancer Survivor - Everyday is Important!
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