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Is (MLM)Multi Level Marketing a Scam?

This is probably one of the biggest controversial industries online and that’s the mlm business.

I have talked to hundreds of people and have seen a pattern in the way people do mlm marketing, get mlm leads, do mlm training, get into mlm companies, mlm home based businesses, mlm opportunities, use mlm software online, get caught up in mlm compensation plans, how people recruit prospects in their mlm downline and the list goes on!

So what I want to share in this (mlm) multi level marketing video is:

* What is MLM?

Multi-level marketing (MLM), also known as Network Marketing, is a business-distribution model that allows a parent company to market its products directly to consumers by means of relationship referrals and direct selling.

Independent, unsalaried salespeople of multi-level marketing, referred to as distributors (or ociates, independent business owners, dealers, franchise owners, sales consultants, consultants, independent agents, etc.), represent the parent company and are awarded a commission based upon the volume of product sold through each of their independent businesses (organizations).

* Pros and Cons of Joining MLM

MLM PROS Possible Reasons that MLM Could Be a Great Business For You!

1. Usually start-up costs are low.
2. Many of the highest-quality products are manufactured by MLM companies.
3. You can work it part time if you choose, which allows you to work a job fulltime and work your MLM business in your spare time.
4. You can work from your home.
5. Your business expenses will be deductible from your income tax.
6. You will be your own boss.
7. You choose which hours you want to work.
8. You may develop a small extra income or possibly even a very large income, allowing you to quit your job, or have a great retirement.
9. Your income will be a residual income, which will come to you month-after-month, year-after-year.
10. You will have time freedom.
11. You will meet many like-minded people.

MLM CONS Possible Reasons that MLM Should NOT Be the Business For You!

1. At first you could work very, very hard without making any money!
2. The ease of start-up can cause people to get into several companies, with the mistaken belief that they can easily develop several income streams. This causes a lack of focus and makes the person far more likely to fail.
3. The products could be overpriced and it may be difficult to determine whether they are any better than you could purchase at a discount store.
4. People may look at what is possible to make with MLM instead of what is likely to happen. There are a lot of very inaccurate get-rich quick claims out there. When success doesnt come quickly, a person may be more likely to quit and join something else.
5. It can be very hard to distinguish a legitimate company or opportunity from a scam.
6. Many people do not seem to realize that it takes time and money to build a solid business.
7. Ideally, MLM is based on everyone doing a little bit. In reality, most people dont do their part, making it necessary for the few workers to work much harder to find any amount of success!
8. The failure rate is extremely high.
9. As in any business, to succeed with MLM takes a lot of dedication.
10. Unlike a job where you may punch a clock or have a certain number of hours to work each day, no one is requiring you to do anything with your MLM business. YOU must be the one to decide to work it, or invest your money into advertising. It takes true self-discipline!
11. Your family and friends may not at all understand what you are trying to accomplish. Hopefully, you will get very helpful support from others, but realize that they may not support you at all, no matter how dedicated you are!

* Why MLMers Fail!
* The Truth Revealed Is MLM really a scam?

Now there is a long mlm list of different opinions on the subject which is why I want you to comment below and tell me one pro and con about mlm and what your experience has been.

It’s to bad that this mlm industry is one of the most failed opportunities online and that very few have mlm success. So it’s time to learn from not only my mistakes, but from the community of people who have gone through it.

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