How Does MLM Work?
Have you ever recommended a product or service to a friend or work college? I’m guessing you have, you probably do it all the time and don’t even realise you’re doing it, but the big difference is you didn’t get paid for that recommendation did you? Well with MLM you will, it’s that simple.
Let me explain, you see traditional high street businesses like Apple or Sainsbury’s have such huge overheads. Like paying staff, paying for marketing, advertising, tax and national insurance and so on.
With a MLM, all you have to do is look after the sales and marketing. What this means is that you don’t have the overheads like paying for premises, insurance and utility’s as mentioned. This means, there is more money available, firstly to make better quality products and secondly to pay people for making the recommendations.
“Your role in an MLM Business is to build a network of people known as independent consultants”, who get paid a commission for the products they sell. There are also many other advantages to this, many of the top companies offer great incentives, like all expenses paid holidays and new Cars. Now does the company you work for offer incentives like that?
MLM is an alternative business model to traditional retail. Traditionally, to get products to customers the products are sold through retail shops which are on all our high streets. In MLM the products are sold through people or consultants. The companies pay the consultant around 50% of the sale up to 7 referrals across for the sale. So the main difference is that you also get paid commission on friends of friends of friends of friends which is why it is MLM.
Are You Stuck in the Time and Money Trap?
You see the 9–5 way of life is broken, here’s why. You’re probably not going to like this, are you ready?… O.K. If you’re in a job, working for an employer, you are “selling your time for money”! Think about that for a second, now read it again.
What is the problem with selling you’re time for money?
If you are selling you’re time for money, it means, you can never make lot’s of money, because there is only 24hrs in a day and you can never stop working.
You can never be rich and you can never stop working without your income stream falling apart.
Now that hurts doesn’t it! If not, keep reading it until it sinks in.
Now, I’m going to say something that’s really going to make you mad, but you need to hear the truth, so instead of getting mad, (which is not my intention) have a little think about what I am saying.
When you work in a job, it’s very similar to being like a little rat in a hamster wheel, because you can work for your entire life, but once you stop working, you’re main stream of income stops.
I’ll bet your boss has a really nice house, a super expensive high end car and goes away on luxury holidays you could only dream of. Well the only reason he can do that is because he has lots of employees like yourself, that are building his business and therefore making him rich.
You see it’s all about financial education and not the type of education they teach you in school. Now, don’t get me wrong, starting your own business isn’t for everyone, which is why only 10% of the population are the ones who own their own businesses.
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