Online Resources

eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 
eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 
Business & Money
Technology
Women
Health
Education
Family
Travel
Cars
Entertainment
SD Editorials
Online Guide and article directory site.
Foodeditorials.com
Over 15,000 recipes & editorials on food.
Lyricadvisor.com
Get 100,000 Lyric & Albums.
  • Business & Money
    • A Guide to Business
    • Guide to Finance
    • Ideas for Marketing
    • Legal Guide
    • Guide to Insurance
    • Lettre De Motivation
    • Guide to the Stock Market
    • Human Resource Career
    • Sales Marketing
    • Forex & Trading
    • Advertising & Marketing
    • Startup Guide
  • Technology
    • Guide to Technology
    • Cell Phones
    • Computer Software
    • IT Hardwares
    • Internet
    • Online Security
    • Cameras
    • Search Engine Optimization
    • Science & Technology
  • Women
    • Guide to Women
    • Relationship Advice
    • Marriage
    • Jewelry
    • Pregnancy
    • Fashion Style
    • Divorce Guide
    • Wedding Guide
    • Dating Guide
    • Natural Beauty
  • Health
    • Guide to Health
    • Guide to Medical
    • Plastic Surgery
    • Weight Loss
    • Sports
    • Body Wellness
    • Cancer Treatment
    • Common Illness
    • Health & Lifestyle
  • Education
    • Military Service
    • Politics and Policy
    • Arts & Humanities
    • Education and Teaching
    • Learn Languages
    • Colleges & Universities
  • Family
    • Quality Home Improvement
    • Hobbies and Interests
    • Family Guide to
    • Pet Guide
    • Loans Guide
    • Credit Cards
    • Gardening Guide
    • Home Security
    • Real Estate
    • Home Decor
    • Gift & Present
  • Travel
    • The Travel Guide
    • Adventure Travel
    • Cruise Ships
    • Beach Holiday
    • Travel Accommodation
    • Holiday Destinations
  • Cars
    • Information on Cars
    • Traffic Violations
    • Auto Insurance
    • Trailers
    • Sport Cars
    • The Bikes
  • Entertainment
    • Entertainment Guide
    • World Music
    • Photo & Video
    • Television & Games

Have You Fallen Prey To The Multi-Level Marketing Money Myth?

    View: 
I suppose most people that have looked at (work from home or work at home ) business opportunities, have looked at - or tried - some MLM program at one time or another. We have seen the circles or the numbers, you know - if you get three and they get three etc. When it comes to putting the plan into action it seems that all those numbers and the promised income were really just a myth.



Well, let's take a look at some real numbers and at the real myth. If you take the most Basic MLM plan that is 5 levels deep and you get just $1 per month as your share from each person below you on each of your 5 levels, the numbers can be pretty enticing. For example, let's look at the numbers with this minimal scenario of $1 from each level.

Do you know, that if you recruited just 1 person a month, who used the product or service (giving you your $1 from them) and they then recruited just 1 per month who did the same, in 3 years you would be making $119,000 every MONTH. No folks, that's not myth. So I hear screams coming back? "it sure didn't / doesn't work that way for me".

There is a myth out there alright. The real myth is in the minds of many ( if not most ) people who are enticed by those very real (but seemingly ever evasive) big numbers. The myth is in the way we usually extrapolate that figure in our heads. Our logic tends to go something like this: $119,000 per month in 36 months, so I'm starting from zero and that means if my income goes up by $3305 every month, at the end of 36 months my income will be at about $119,000. We usually are more realistic than that but tend to think that it migh take 3-4 months to get to the $3305 per month and then the growth should occur along that sort of a path. Well, that's logical IF the income growth were a linear progression but that IS NOT how it works.

This mythical linear progression thinking would have you making $19,830 in your 6th month and almost $40,000 in your 12th month. You start in this company and you're a hard working MLM wannabee. You work long hours learning and "following their system" and really put your heart into it. After 3 months of hard work you find that you have hardly made enough to pay the phone bill let alone gas, advertising, etc. etc. You start to think that maybe you were deceived or that there is something wrong with you. You hang in there for a few more months but when you hit 6 months and you're only making $197 (and that is GROSS) you say "forget it" and want to QUIT. NO, NO, NO, DO NOT QUIT!!!!

That's the shame and the tragedy that comes from the myth we've fed ourselves with the assumptions we made about the linear progression. Let's look at the EXACT figures for the hypothetical example and you'll see this is more like a geometric progression (for you math guys). Here is the way it breaks down in each 6 month period from 1 to 36. Month 1-6: 1=$1; 2=$3; 3=$7; 4=$15; 5=$31; 6=$61.

Do you see that? This guy was ahead of schedule (to make $119,000 per month in just three years) and he was about to QUIT - when he was ahead of schedule!! Look at the rest of it. Month 7-12: 7=$113; 8=$197; 9=$325; 10=$511; 11=$771; 12=$1123 Month 13-24: 13=$1,587; 14=$2,185; 15=$2,941; 16=$3,881; 17=$5,033; 18=$6,427; 19=$8,095; 20=10,071; 21=12,391; 22=15,093; 23=18,217; 24=$21,805 Months 25-36: 25=$25,901; 26=30,551; 27=35,803; 28=41,707; 29=48,315; 30=$55,681; 31=63,861; 32=72,913; 33=82,897; 34=93,875; 35=105,911; 36=$119,071

Look at that and let it sink in! It takes time to duplicate yourself and for each new person to get up to speed. Every situation will be different but this shows you the PRINCIPLE. Drill that principle deep into your head and you will keep on and stay the course - that is where the money is made in Multi-level or Network Marketing.

This MLM industry is the greatest way there is for large numbers of people to earn their way to a million dollar a year income. Enjoy the journey. Treat your customers and especially your "downline" with respect and educate them to the realities of the industry. Do not let them quit without educating them on what the true income path really looks like. In fact, if you're wise, you won't let them even start training under you unless they understand the way the growth curve works.

This is not a get rich really quick business as it is so often portrayed to be (in order to entice the gullible to "get in"). But, if you are with a good company, have good products or services and stay the course - working diligently, it will make your VERY rich a lot faster than a physician or a lawyer who is making nothing from his profession until after 6-8 years of schooling.

Think about it boys and girls. Put a big smile on your face when you're "paying your dues" because you are planting prolific seeds that WILL yield you an abundant harvest - if you stick around for it. Find one of the good online business building franchises and they will help you shorten the growing season - but do not fall prey to the linear progression myth.

In life generally, and in MLM especially, the Law of The Harvest will prevail - "Your reap what you sow" and you reap it AFTER planting, cultivating, watering, weeding, spraying and praying. Multi Level Marketing has probably made more millionaires than any other business opportunity and it can make one of you too - but it takes time. Stay the course and reap the harvest.
More Articles from
12 Reasons Why I Love Her
Descriptive Words For People
Help Write An Essay
Know Thy Enemy 2009 Trailer
Non Members Money Making Guide
Online Customer Satisfaction Surveys
Software For Service Business
Things To Make And Sell
Two Dollars A Day
11 Reasons to Follow Up ? The Lazy Mans Way to Riches
10 Reasons Why People DONT Buy From You
10 Cost Effective Ways to Promote Your Internet Business
10 Powerful List Building Techniques
10 Success Factors Of Wealthy Infoproduct Marketers
11 Great Webinar Tips
10 Sure Fire Ways To Multiply Your Online Profits!
10 Steps to Researching Your Competition Online
10 Secrets to Asking for Effective Client Testimonials for Your Website
10 Awesome Ways To Attract More Orders
10 More Secrets and Tips for Writing Better Solo Ads (Part 2)
» More on
  • Related Articles
  • Author
  • Most Popular
Don Keith has sinced written about articles on various topics from Franchise. Free Online Business Building Franchise A Great MLM at $10/month - GDI :. Don Keith's top article generates over 18100 views. to your Favourites.
Car Navigation Systems Reviews
Now save a few more pennies, hit the car navigation GPS review search button again and go for something thats a little further up the sat nav food chain and less of a compromise in build quality.
 
A Guide to Business | Guide to Technology | Guide to Women | Guide to Health | Family Guide to | Travel & Vacations | Information on Cars

With over 20,000 authors and writers, we are a well known online resource and editorial services site in United Kingdom, Canada & America . Here, we cover all the major topics from self help guide to A Guide to Business, Guide to Finance, Ideas for Marketing, Legal Guide, Lettre De Motivation, Guide to Insurance, Guide to Health, Guide to Medical, Military Service, Guide to Women, Pet Guide, Politics and Policy , Guide to Technology, The Travel Guide, Information on Cars, Entertainment Guide, Family Guide to, Hobbies and Interests, Quality Home Improvement, Arts & Humanities and many more.
About Editorial Today | Contact Us | Terms of Use | Submit an Article | Our Authors