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Discover Frequently Asked Questions About MLM - Career - Nairaland

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Discover Frequently Asked Questions About MLM by mypeace04(m): 10:19am On Aug 14, 2014
This isgoing to provide you with answers to the
most frequently asked questions about our industry.

This will provide you with the ability to make an informed,
educated decision about your future within our industry.

FAQ's about MLM

Q. Isn't MLM one of those pyramid schemes?

A. Definitely Not! Though MLM and pyramid schemes
may seem to share some similarities, there's a BIG
difference which makes MLM legal and pyramiding
ILLEGAL.

In pyramid schemes, income is generated solely on
the process of recruiting others into the pyramid.
Sometimes a product or service of questionable value
is involved, but you are most often buying into the right
to recruit others and collect money.

This is illegal! Also, in pyramid schemes, those who
get in first and are at the top win, while everyone else
loses.

In a legitimate MLM company, representatives are paid
only on the movement of products or selling of services,
not merely recruiting.

Sometimes, there's also compensation based on the
training and managing of your marketing team.

Also, in an MLM company, no matter where you are
positioned or when you joined, you can advance to the
very highest income levels, and pass those who sponsor
you.

Q. Do I have to know and sponsor a lot of people to be
successful?

A. No, if you sponsor just one person every month or
two, you can be very successful in MLM, and build up
a great residual income.

These people don't have to come from people you
already know. Think about how many people you
bump into everyday in your normal day to day activities!

Try this: sit down with a sheet of paper and a pen and
write down the names of EVERYONE you know, have
known, have done business with, etc. You will be
amazed by how many people you come up with.

Will all of these people join you in your MLM business?
Probably not, but statistics show that one out of every
one hundred names will make your car payment, one
will make your house payment and one will retire you!

So, three out of every one hundred isn't too bad! Also,
keep in mind that the people on your list also know
others, and will quite often refer you to others that might
be interested in joining you in your endeavor!

Q. How much money can I make?
A. As in anything in life, you get out of it what you put
into it. It works, if you work. But, the benefit is that
YOU are in control - it's up to you how far you take it
and how much you make.

And, keep in mind, the income that you make is largely
residual. This means that for the work you do today,
one time, you have the potential to earn money for today
and years to come.

Q. I don't like selling, so this probably isn't for me.

A. It is said that "life is sales!" Actually, studies have
shown that people with no sales experience often do
the best in MLM.

This is because our business isn't about selling. At
least in the traditional way people think of selling. We
don't engage in high pressure techniques in MLM.

We simply share the concepts, products and services
of our company, just like you would tell someone about
a great restaurant, good movie or quality physician, and
let others decide if it's the right thing for them. Our
motto is "some will, some won't, someone is waiting...",
NEXT!

Q. I've tried MLM before and it didn't work for me.

A. If you went to eat at a new restaurant and the food
and service was terrible, would you swear off eating in
restaurants for the rest of your life? Of course not!

MLM is no different. There are great companies and
some not so great. But MLM definitely works. It's
just a matter of linking up with the right company, and
the right sponsor. This is a business, and you must
treat it like a business!

Q. Why do I have to pay to get involved? Isn't that like
paying for a job?

A. When you start with an MLM company, you are
starting your own business, much like a franchise.

When you open a McDonald's, you buy the right to
use the name and sell the products. In addition, you
pay a percentage of your profits to the corporation
every month.

With MLM, you are paying for the right to sell the
products or services, use the name, receive training
and represent the company. Just like the term "you
get what you pay for", MLM is the same way.

Paying for your start up materials eliminates the
company from bearing the overhead of signing up
people who aren't really serious about working the
business. This just ensures a better pay structure
for the serious business builders! And, it's tax
deductible!

Q. What about saturation? Shouldn't I go with a
"ground floor" company?

A. This is one of my favorite questions! Remember,
in Network Marketing, just like ANY traditional
business, ground floor means "start-up", which
means 85 to 90 percent chance of failure within
the first eighteen months.

Saturation in this business is a myth!
How many millions of people turn 18 each year?
How many people look for a new career each year?
How many people do you actually KNOW who are
currently building an MLM business?

Hearing about something and actually involving
oneself in it are two different things. You will
meet people on a daily basis who have never
heard of us!

Timing is the real key to why saturation is a myth.
Thousands of young adults consider starting their
own business and thousands more experience a
major shift in their lives because of life changes at
work, at home, etc.

These same people, months before, would have
never considered working from home, or starting
an MLM business. Now, they are open to the
possibilities!

Q. What type of support will I get from my sponsor
and my upline?

A. Another great question, and one that you should
pay close attention to!

When you join an MLM business, you are starting
a business that has the potential to yield millions
(yes, I said millions) of dollars to you. You MUST
treat this as a business decision.

Make sure you find a sponsor or upline that has
experience in the industry, has built a successful
business, has a proven track record and can get
you started on the right foot and will work with you
FOREVER if necessary to ensure your success.

I hope i have provided you with some insight
answers to the more commonly asked questions
about our industry!

The time is here. The opportunity is real!
Will you seize it?

www.lifechangersgroup..com

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