Four Things You Need to Know about Multi Level Marketing

It’s hard to escape pitches for multi level marketing programs. After all, they’re everywhere. Turn on the TV late at night or early in the morning, and you’ll likely find an infomercial for one staring back at you. Check the mail, surf the net, read a newspaper – multi level marketing opportunities are coming at you from all corners. And the pitches really do a great job of making them sound enticing. They all have the same common elements. Someone just like you took a chance one day, and now, after making a small investment, they’re living the high life beyond their wildest dreams and barely working at all to do it. They appeal to your material side, and they appeal to the part of you that wishes that you had all the time in the world to spend with family and friends. So are they for real? Here are four things you need to know about multi level marketing.
The first thing is a biggie – you need to know that being successful at multi level marketing take a huge time commitment. They may make it seems like you can do everything in an hour or two a day, but that doesn’t make it the case. In reality, there is a lot of hard work that needs to be put into one of these plans to make them pay off, and in many cases, they require more work than a “normal” job. If you’re getting into any business opportunity, let alone a multi level marketing one, because you think it’s your ticket to easy street, you’re setting yourself up for failure.
The second thing you should know is related to the first. In addition to suggesting that you can make a ton of money without making a time investment, multi level marketers often tell new recruits that they don’t need any skills to get the job done. All they need is the vision to see the potential in the idea of the business. In fact, multi level marketing requires sales abilities that the vast majority of people lack. This is different from any other sales you will. Your pitch will almost always be unwelcome, you have to try and turn your family and friends into paying customers and you constantly have to search out new clients. It requires a special kind of talent.
Thirdly, despite what the pitch people might say, multi level marketing is hardly the wave of the future and it is not going to drive you local mall out of business. It is a business model that has been around for years and has made very little dent into the retail sale market. The best way to think about is door to door salespeople. Do you see many of them any more? Exactly.
Last but not least, you should know that many multi level marketing plans are pyramid schemes in disguise. You could lose your investment, and if you sign up enough people, you could go to jail for fraud. Tread carefully when it comes to any multi level marketing program.

Brady Vaughn is a successful internet affiliate marketer and teacher of business and the Law of Attraction. Learn more about the projects he is currently working on at www.LegendaryProfits.com and www.pluginprofitsite.com/main-24317.