Multi-level marketing is definitely the way to go for people aspiring to have more than just enough income to get by on. Most of the world's leading economic forecasters say that by the turn of the century, 75% of the world's consumer business will be conducted via multi level marketing plans.
Make no mistake about it, multi-level marketing has made a lot of people more income already, and will make a lot more people more in the coming years. Multi-level marketing is based upon the idea of each person involved selling only to his or her friends, with each of these people in turn, introducing their friends into the Business. It's definitely an 'endless chain' idea that has unlimited money making potential.
Theoretically, everybody knows or comes into contact with an average of 100 different people each week. If only 10 of those people were to give you $10 per week, you would have an income of $100 per week. And then, if these people were to duplicate your efforts, passing back to you, $10 for each new person they enlisted into the Business, and then each person recruited perpetuated the Business, your income would soon become astronomical. Undoubtedly you've heard the story of how you can become rich simply by saving a penny a day, and doubling it each day for 30 days.
And then, there are the pyramid or chain letter schemes that we've all been offered. Multi level marketing, in principle, works the same way, with the only difference being in the product offered for sale. All of these Businesses work to some degree - because there are government restrictions and laws against the perpetuation of these ideas - most of them make a big splash when they are first introduced, and then quickly die out. However, the concept of initiating a Business that sells itself via an endless chain will always be popular because it holds the promise of bringing riches if only the chain isn't broken.
So, multi level marketing appeals to everybody because is an opportunity for all the participants to get rich with a minimum investment, and very little time or effort or involvement. Obviously, if you spend all your time on the telephone inviting people over to a Special Opportunity Party at your house, and then another 3 hours presenting your Business to them, it's going to take you a long time to present your Business to 10,000 people and make $100,000.
And, your costs to rent a hall, advertise, and present a similar programme will amount to more than you can take in. If you have the initial promotional abilities, the credit and or cash, and a really dynamic Business, you can make it big, and quickly, by staging seminar-type meetings at the rate of 3 to 5 per week. Still, this is expensive and time consuming - a lot of work on your part, and not the easiest, most profitable way to go.
It's an idea that anyone - regardless of education, background or basic financial status - can perpetuate from the privacy of his or her own home. The basic fallacy of multi level marketing is in the number of people each individual participant can easily enlist into the Business. After you've talked to all your relatives, your neighbors, co-workers and friends across town, you're more or less stymied to as to new people to bring into the Business.
The bottom line is simply that you cannot recruit everybody you talk to - in fact, if you enlist 10% of the people you attempt to interest in the Business, you'll be doing very well. You're going to get some rejections, and these rejections are basically what turns most people off, deflates their ego, drains their enthusiasm, and in the end, is the primary reason they drop out. Regardless of what you sell, you must always have a goal in mind, you intend to sell 10 units of a product or recruit 10 new people into your Business between now and the first of the month.
You've got to believe that you can do it - want to do it - and then get out and beat the bushes until you do it! But then, after setting a goal for yourself, and then proving you can achieve it, you should set a new goal for yourself - if you recruited 10 new people into your Business last month, and then this month, you're going to bring in 15 new members. You're going to make the really big money in multi level marketing by selling "business start up kits", and not really from spending time inspiring or motivating the people you've already brought into the Business.
In other words, sell the Business to as many people as possible, and count on the motivational/money making opportunities within your dealer start up kit to cause them to put forth the effort to get out and try to make some money on their own. In the end, and as the old saying goes: you can lead a horse to water, but you can't make him drink it - any time and/or energy you spend "calling back" on the people you've already sold, is going to cost you money and limit your gross income.
To be successful in selling - and this is the secret to multi-level riches - you must present your Business to as many people as possible. Close the sale with your first presentation, and let the buyer either get with it, or die from his own lack of initiative. It's as simple as that, the more people you present your Business to, the more sales you're going to make. Don't worry about the people who have already bought from you they either will or they won't, and there's nothing you can do about it.
So, that's how it's done - you can take these methods of how we've done it, maybe even improve
upon them a bit, and make tons of money or you can set everything aside and tell yourself that you'll get started on it next week. The thing is, these instructions are valid and the opportunity is here and now - whatever you do is up to you! All the best.
upon them a bit, and make tons of money or you can set everything aside and tell yourself that you'll get started on it next week. The thing is, these instructions are valid and the opportunity is here and now - whatever you do is up to you! All the best.
