Is this the career choice of the future?
Multilevel Marketing, commonly called MLM, Network Marketing or
direct sales is one of the highest potential income sources
anywhere, but particularly on the Internet. It has been claimed
that in the last 10 years more people have become millionaires
through MLM's than in any other business or profession.
I don't know how true that is, but I do know a lot of people
have made a lot of money through MLM's.
Multilevel Marketing is also known as Pyramid Schemes and a
number of other less-than-complimentary names. This is
unfortunate because MLM's have a lot of potential.
There are some things you need to know about an MLM before you
join one though:
* You need to be selling something. It can be selling a product
or a service, but it must be selling. If all the MLM does is
recruit new members, then it is what is called a "Ponzi Scheme"
and it's illegal. * They have to have a good product. You can
send all the traffic in the world to an MLM website, but if the
product they are offering has no appeal, it won't sell no matter
what you do. If it doesn't sell, you won't make any money.
Simple as that. * They have to have "staying power.