Frankie Muhammad
901-870-1135
Things To Consider When Joining A MLM Company
- MLM is less expensive than other business opportunities. The investment is small. Franchises and business opportunities run in the thousands just for the start-up, whereas many direct sales businesses can be started for less than $100.
- The low cost often lures people in without doing their research. People make many mistakes when starting in MLM. Some don’t research the company or product. Others don’t read the contract they sign. Many newbies rely on the information provided by their sponsor. This is a problem because even the best sponsor won’t be able to cover every little detail, and of course, some sponsors fail to disclose everything (in which case, you don’t want that sponsor). Problems people experience in MLM due to failure to research or study the contract is their fault, not MLM.
- People quit MLM easier than other ventures. Because the start-up investment in MLM is much smaller than in traditional small business, it’s also easier to quit. It’s easier to walk away from a $100 than $5,000 or $10,000.
- Many reps struggle because they don’t treat their MLM like the business it is. For some reason, many MLM businesses are viewed and treated differently than a traditional business, which is a problem. It doesn’t matter what business you start, if you don’t market, sell, and do the activities that make money on a consistent basis, your business will fail.
Don’t let stats dictate your success. Like most things in life, success or failure mostly relies on the individual. Certainly, the MLM industry has a vast sea of reps who don’t make much money or who quit, but there are reps who are meeting their income goals and some (a small few) are rich. The same could be said about bloggers and most other entrepreneurial ventures.