There are thousands of MLM opportunities that exist today with new ones being created almost every single day. The fact that there are so many new MLM opportunities being promoted by itself can lead one to be skeptical of MLM.
t can seem like everywhere you turn there is a new MLM opportunity being promoted as the newest, the greatest, and the most lucrative of opportunities. The over-hype can make one think that this must be too good to be true. Anytime that thought runs through a person’s mind, being skeptical is the natural defence mechanism.
Let’s break down in very simple terms the MLM industry and look to cut through the hype, alleviate the fear, and see the MLM industry and all the MLM opportunities for what they are.
Let’s start with the most common question and most common response for and MLM opportunity. What is MLM? If the answer you hear back, or the answer that you think sounds something along the lines of “Is it one of those pyramid things?” it’s no wonder that you are skeptical of the MLM industry.
Who wouldn’t be skeptical of something if you thought that it was a scheme and something that you were going to get hurt with? The thoughts of losing money and time not only make people fearful, but it also makes them angry that they are even being approached about an MLM opportunity.
Furthermore, the feelings that one may have about the MLM industry may also stem from experience. The experience of starting an MLM opportunity with great intentions, but not seeing the results desired. These two reasons alone are enough to fuel the fire of skepticism about MLM and leave people with the opinion that MLM does not work.
They could not be further from the truth.
Let’s start by discussing the MLM industry as a whole. The network marketing or MLM industry has been around since the late 1940s. While it has had many challenges getting its footing over the years, the one thing that has remained consistent for the MLM industry is the continuous growth and expansion.
There has been a continuous increase in the number of businesses starting with an MLM business model. The MLM business model allows companies many advantages over traditional businesses and due to these advantages, more and more companies, some that even started as traditional businesses are turning to MLM to further grow their business and market share. An increase in market share, breaking into new countries and loyalty of customers are just a few of the huge advantages an MLM business model allows companies.
With success comes more success, and as more and more companies are growing rapidly with an MLM business model, more new start-ups are implementing MLM business models than ever before. New MLM opportunities are popping up in the thousands year after year. While the MLM industry is highly competitive and difficult at times to establish yourself, it does allow for the quicker product to market turnarounds, development of customer base and most importantly, generating a profit.
Looking at the MLM business model from a simple corporate point of view, the MLM business model works. Corporate leaders are not going to launch a company or change a successful company’s business procedures based on hype, or gimmicks, they are going to use hard facts.
With facts in mind, we will not look at the MLM industry closer to home. What is the very first thing that individuals say when they see the shape of an MLM compensation plan? It looks like a pyramid. That thought, that statement leads to the inevitable, it must be a pyramid scheme.
However, if you look at any corporate structure, regardless of business model, you will see that it too looks like a pyramid. Go outside the business world and look at any sports franchise, and it too will look like a pyramid. Starting from an owner, then to General Manager, then multiple coaches, then more scouts, and ending with the players. Have you ever heard anyone call a sports franchise a pyramid scheme?
It comes down to educating yourself on what an MLM business opportunity is about. Just like the corporate leaders would be educated on how the MLM business model will positively affect their bottom lines, you too need to educate yourself on how an MLM business opportunity can positively affect your lifestyle.
There does remain another issue at hand and that is those that have been in an MLM business opportunity. Past tense is used as they were in an MLM business opportunity but have since quit because they were not seeing the results they intended.
This, of course, does not leave them feeling excited about another MLM business model because there is no guarantee regardless of hype, they will do any better than the first time. This negative outlook on MLM business opportunities also fuels the fire of skepticism.
Looking closer to these individuals you will find some shocking similarities. These similarities outline why they did not achieve their goals, why they didn’t become rich, and why they are now very skeptical of MLM. It’s a matter of consistency and education.
When you are in an MLM business opportunity, you must realize that it will not build itself. Anyone who tells that is lying to you, and if you believe them, you are only hurting and lying to yourself. You must work at building your business every day.
All long term successful MLM business models are built on everyone building the business. Not a few, not those at the top, but everyone. Consistently sharing the business and sharing the products every single day. This teamwork allows for amazing things to happen and that is how millionaires are made.
The second item is education. Just like the business leaders had to educate themselves on the MLM business models, you too must educate yourself on the skills needed to be successful. Surround yourself with individuals who are willing to help you. Work with individuals who emphasized personal development so that you grow as a person and your business follows.
The MLM industry is based on personal relationships and the more you grow, the faster and bigger your business will grow.
Getting back to the question “Are you skeptical of MLM?“, you can see how to truly understand how this industry works, and how you can benefit from it you need to form your own opinions. Opinions that you based on facts, not myths, not the geometry of the organization but by facts. Become informed about what you can do in the MLM industry, but more importantly, what you must do to be successful.
Just as there are millions of people today enjoying the lifestyles of their dreams because of the MLM industry, you too can benefit from it. If you need information on the MLM industry, on what skills are required to be successful, training or mentors to help you grow your business, you can look to Engineered Lifestyles help. We are in the business of helping people engineer their dream lifestyles.
We look forward to seeing you succeed.
*Examples in these materials are not to be interpreted as a promise or guarantee of earnings. Earning potential is entirely dependant on the person using the products, ideas, techniques and efforts put forth on Engineered Lifestyles. For our full earnings disclaimer click here.