Yes, it does.
If you are committed
and you devote enough time to develop your "business" to make it
successful, MLM CAN and probably WILL
make you a millionaire. MLM is probably the easiest and fastest way to
make a lot of money when you are successful (unless you win the lottery or you
are a professional athlete of course!). But don't fool yourself, it won't
happen tomorrow. Like any other business, MLM takes time before becoming
fruitful. You just need to find the one that is right for you, one that
will teach you how to get there and support you along the way. And once
you have found it, don’t quit. The only way to fail is if you give
up. Be patient. Big incomes never happen overnight.
Think BIG! Small desire produces small results just as small fires produce
little heat.
In MLM programs, you
have to sell something. Your commissions come from retail sales, not
exclusively from recruiting! Well, I'm sorry, but I'm not a
salesperson. That's why I've never been seriously involved with
multi-level marketing before. I was one of those people who looked at the
others who were successful and envied them but no way I was going to try it as
my main source of income myself. I knew I couldn't sell anything even if
my life depended on it. With a background in marketing and public
relations, I have been approached several times with different ideas. Some
sold financial services. Another was to sell Amway products on the
internet. I have attended business meetings and met successful people from
MLM companies, but... it just wasn't right for me. Sorry, not
interested. I don't care how much money I can make.
Do you recognize
yourself here? Read on...
We're all different,
with different interests and aptitudes. If you're a great
salesperson, you'd probably do very well in multi-level marketing with the
right program and support behind you. When you think of Amway, Mary Kay,
Avon, Herbalife, these are all MLM businesses that are extremely successful and
have been around for a long time. How many people have these companies
turn into millionaires? Lots! But none of them were for me.
And I do admit, it is scary to make money and be successful... especially when
your friends and family are just normal, every day people, and try to discourage
you from the start. They have nothing but negative comments about the
whole thing, tell you that you're going to losing money even before you start or
give it a fair chance and that you'll never make it. They laugh at you for
trying to make something of your life. You're doomed to fail right from
the beginning!
To better describe MLM,
I found the following article when I was doing research.
An
excerpt from Big Al's Super Prospecting: Special Offers & Quick-Start
Systems
Why do
some MLM distributors consistently make terrible choices, lose money, watch
their MLM companies crumble, and lead a life of frustration with no results for
their efforts?
Why do
some MLM distributors make the right choices and build successful MLM
businesses?
It’s
simple. Consider this situation.
You are
standing in a room with three doors. Behind each door is an opportunity, a path
that will lead you to either success or failure. You don’t know what kind of
opportunity or success lies behind each door, so you have three options.
1. You
can stay standing. Don’t make a choice or a commitment. Just don’t do
anything. Stay where you are in life.
A lot
of people make this choice. It’s easier to watch TV, complain about your job,
and hope that the government will raise wages, lower prices, and eliminate
taxes. Yeah, that’s a great business plan for success. Just cross your fingers
and hope that something good will happen. After all, why take chances? Your
neighbors and co-workers will only criticize your efforts to be different. They
want you to stay behind with them. Misery really does love company.
2.
Blindly pick a door. Maybe you feel lucky, hope that hype will work in your
favor, or feel good about the vibes from picking your lucky number.
Does
trial and error work? Yes. But it works very, very slowly. If it takes a
lifetime of mistakes to find the right path to MLM success, you won’t have
much time to enjoy the fruits of your labor. Should you re-invent the wheel?
Should you repeat someone else’s mistakes? "Practice makes perfect"
really isn’t true. Practice only perfects your ability to make the same
mistake over and over again.
3. Ask
someone what is behind those doors.
That’s
the power a mentor can add to your "desire for success." Doesn’t it
make sense to simply ask someone what is behind the three doors? Why take
chances with your life? Why leave your MLM success subject to guessing, finger
crossing, and a lottery mentality?
Finding
a mentor can take years off your path to MLM success. A
mentor can help you avoid disasters and can make sure your work accumulates to
attain your personal success. There is nothing more frustrating than seeing lots
of your effort wasted. Too many people work hard in MLM only to find that they
have to start over again and again. Ouch!!!
Your
mentor can share with you the experiences of others. While
other people have paid the price of trial and error, your mentor can give these
results for free. That sure beats getting a flat forehead from beating your head
against a brick wall from frustration.
Your
mentor can ask about your goals, time commitment, experience, and preferences.
He will ask about your present and desired lifestyle, if you like to retail, or
how comfortable you are with different styles of sponsoring and business
building.
Your
mentor can guide you through the minefields of "hype."
He can tell you if one person made a big check at the expense of 100 people
receiving no check. He will show you the pitfalls of short-term strategies. And,
you will find out what really works — and what doesn’t.
The
successful big earners in MLM built their businesses from using two successful
strategies:
Strategy
#1 for MLM success: If
you want to learn how to be successful in MLM, learn from someone who is already
successful. Become a Siamese twin to a successful MLM leader who you can relate
to. Make her or him your best friend and companion.
Sounds
simple, but new distributors almost always violate this strategy. If you want to
earn $100,000 a year, would you ask a neighbor who earns $40,000 a year how to
do it? Would you value his opinion and advice in this matter? Would you take
your $100,000 opportunity to him for his review and decision?
No. Of
course not.
If your
neighbor knew how to earn $100,000 a year, he certainly wouldn’t be earning
only $40,000 a year. You wouldn’t take your plumbing problems to your lawyer.
You wouldn’t expect your dentist to have the teaching skills to educate your
children. And you certainly wouldn’t go to your government for business advice
— they only know how to produce deficits!
So,
whom does the new distributor ask for advice on his new MLM opportunity? His
neighbor who says the secret to success is to watch plenty of TV and to choose
lucky numbers in the lottery? A friend who tried to build an MLM business but
failed? Or, should the new distributor ask his attorney because he received a
degree for memorizing law books and legal codes?
Your
strategy for MLM success is to get advice and guidance from someone who knows
how to be successful in MLM.
So, find your mentor first, and then follow your mentor’s advice. Don’t take
bad advice from unqualified friends and enemies.
Strategy
#2 for MLM success: Learn
from someone who has a system for success that you can follow.
There
are many great athletes who are naturals. With very little training and
instruction they reach high levels of success. While they may be excellent
performers, they may not have the ability to transfer their knowledge to you.
When you ask one of these gifted, natural athletes how they do it, they’ll
say, "Gosh, I just go out and do it."
That’s
not the kind of instruction you want.
You
want specific instructions, a step-by-step approach, a proven path to your MLM
success. Make sure your mentor has a "guaranteed" success plan that
works.
How do
you know your mentor’s plan works? Simply ask for the names of people who have
used the plan and observe their progress. If the mentor is successful, but
his personally-sponsored distributors are struggling, what do you think will
happen to you?
If the
mentor is successful, and his personally-sponsored distributors are successful,
that’s the place you want to be.
It
would be nice if you could learn MLM success from high school, a university, or
from watching a Saturday morning TV. But you can’t. If you really want MLM
success, use these two-mentor strategies to turbocharge your MLM career.