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You have finally made it to the top. Now is the time to re-make your life and to start doing the things that make you feel good. Network Marketing Companies-Are They Scams? ECommerce Articles | June 28 Chris Lindstrom Womens Jersey , 2008 Do you believe all MLM - Network Marketing companies are a scam? Can you make money? Are 6 figure incomes possible? You decide...
Network Marketing and MLM companies are believed by many people to be scams, but that is just a myth. There are legitimate companies and there are the "bad apples" that give everyone a bad name. They are just like any other corporation out there Takkarist McKinley Womens Jersey , there are good ones and bad ones.
What is MLM or Network Marketing? We will keep it simple: It is a method of marketing products and services through independent representatives who refer customers to the Company they represent. Then those customers can have their own business and get paid for referring others to the products the company provides.
Here are a few "truths" about MLM - Network Marketing:
1) Do people make money?
Yes, many people make part time and full time incomes Calvin Ridley Womens Jersey , while others make 6 figure incomes in this type of business. It is also true that usually around 5% of the people make money and the rest fade away for a variety of reasons. The most common reason is the majority of people do not treat it like a business, but rather like a hobby. Sometimes their sponsor disappears and they do not have a mentor to guide them in the right direction. Another common reason is their belief in themselves and their abilities stops their progress.
(Note: you can let a prospect know that a 6 figure income is possible but then talk to them about things they can relate to Julio Jones Womens Jersey , maybe pay off their credit card debts, pay their car payment because for the average person those are goals they can work toward in the short term and they will not become discouraged when they don't make a 6 figure income in 6 months. Your organization will crumble if you base all of your marketing efforts on making a 6 figure income.)