I know I know, dumb heading but I had to get your attention, right?
But what I want to do here is talk about how critical it is to know “Why” you want what you want.
So many people just set goals to make a lot of money in MLM, Internet Marketing or any other business. But they fail to determine exactly HOW much money do they want, and more importantly WHY they want the money.read full article
Online Marketing Tools can be critical for your MLM success online.
You’ve probably heard many MLMers say that it’s not the opportunity that makes you money, but it is YOU who makes you money. Well, it is true. It doesn’t matter what program you are promoting as much as how well you are promoting it.
So in order to promote an opportunity effectively, you need marketing tools, right? Because whether you like it or not, marketing online without proper tools just makes it much harder to create success for yourself. read full article
Perhaps the most powerful thing about the wonderful business of Network Marketing is anyone’s ability to create residual income. That is one thing that I have always loved about MLM.
I never really could get motivated by a job or conventional business where you work 8 hours or more and get paid for what you just did only once. It just doesn’t make sense to me. I can’t understand why anyone would want to do that. For me to be motivated to do anything, I must have the possibility of ongoing income. Am I lazy? Maybe a little But I think it is just smart to work to create residual income; even if it is part-time in the beginning.
So how do you create residual income in Network Marketing?read full article
Why do people drop out of your MLM venture? This is a question you should definitely ask, because after all, as a distributor marketing your MLM business, you have the most to lose. MLM Companies can survive attrition much more easily than you can as a distributor/Rep. A high rate of attrition can kill your MLM business.
Knowing what causes attrition can help you choose an MLM Company more wisely the next time you want to join another MLM opportunity. Of course, it’s hard to know 100% of the reasons why people quit their MLM business, but we can make an attempt to know some of the major reasons. There will always be some reasons that no one can understand or know, after all, we are dealing with people.
Here are some reasons I have found from my personal experience in working with many MLM Companies over many years to be the main reasons why people quit…read full article
Success in MLM or anything else is a process and not an immediate gratification thing. Many of us think that in order for us to succeed in MLM, we MUST see success immediately. Sure, you can generate some immediate income from MLM but long-term significant incomes come from focused, committed and consistent effort.
When you are working toward achieving a certain goal, failing along the way are not failures at all. In fact, they are lessons that you need to learn in order learn HOW to succeed!
So celebrate failures because they are teaching you what NOT to do.
Of course, that does not mean that you become reckless. You must do everything you can to succeed and make good decisions. But if you fail a certain task, then know that you are one step closer to success.read full article
What makes you a more valuable MLM sponsor? Someone who is sought out by MLM prospects wanting to start a Home Business.
In order to answer that question, you want to get into the shoes of someone who is seriously looking for an MLM opportunity to commit to. Let’s say that you are looking for a good MLM opportunity and you find a company that you like and you want to get started with that company. But you have found two distributors of that company who can sponsor you. One of them talks about how wonderful the MLM company is and how much money you can make.read full article
It always amazes me to see how much risk Company owners are willing to take to operate a Ponzi Scheme. To me, no amount of money is worth losing your reputation and possibly go to jail.
Ponzi Schemes by their very nature can’t last forever. If the SEC does not shut them down like they recently shut down Zeek Rewards, they are eventually going to collapse anyway. Many Zeek Reward fans are still out there trying to defend Zeek Rewards, saying things like the government does not want us to make money and all that, and the government is the real problem here. Let me tell you this, the SEC is doing us a favor by shutting down Ponzi Schemes; because if they don’t, they will eventually collapse anyway and hurt a lot more people.read full article
It didn’t come as a surprise to me, probably also not for many people, that Zeek Rewards was recently shut down by the SEC. It was going to happen sooner or later. It was just a matter of time. I am no expert in this matter but common sense tells me that a program like Zeek Rewards cannot continue forever.
Think about it for a minute… When a Company is paying out more than what it’s taking in, how can you expect it to survive forever? Some of you may be thinking… how is it paying out more than it’s taking in? Well, when you buy $100 of bids, you are given back over a certain period of time well over a $100 back. Now that sounds like a good deal. And it is for the Rep. But for the business to do that, they have to be taking the money from the next person investing (oops, I mean buying bids). This creates a vicious cycle that is usually shut down by the SEC if the program doesn’t collapse by itself; because by the very nature of the business model, the program can’t go on forever.read full article
What is the main ingredient of all long-term MLM success? What is it that has created millionaires in the MLM industry? Is it a great MLM marketing system? Is it great management? Is it a good MLM compensation plan? Is it a distributor friendly ownership?
All of the above is fine and can help you create more success in MLM, but the main ingredient of all MLM success stories is great products at good prices with great customer service; in other words, providing good value in every way.
An MLM Company must have exceptional products at reasonable prices. If an MLM Company doesn’t have that, then the distributors may experience some success for some due to excitement or hype created around the new MLM Company, but sooner or later that excitement is going to die and people will stop buying the products.read full article