3 MLM Myths That Beginners Believe When Entering The Business
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There are alot of false beliefs that beginners believe when starting out in the online networking world that simply aren't true. If you've been in this business for a while, then you know that it takes alot of effort to really make your MLM business work for you. You don't have to fall for the same myths that plague beginners time and time again. So in this article, I will expose 3 beliefs that beginners feel is true and will dispel them once and for all. Here's the first myth that beginners feel is true.
1) You can make a ton of money in one month
I have yet to meet one person who made alot of money in one month with this business. The bottom line is that you have to work to make your efforts come to fruition and you have to build your income from the bottom up. All claims that you hear of people making thousands in one month are usually from the people who already have a big list of people in their downline. To build a massive downline, you would have to be in business for years to amass the amount of people that they have. When starting out from scratch, you just don't have this.
To make an income of around $5,000 a month, you would need about 1000 people paying at $5 a month to be successful. 1000 people is alot, and it's darn near impossible to do this if you don't have the money to go out and get these people in to your program. Here's another myth that beginners feel is true.
2) You have to join now to make big money
Look, if a company is legit, it doesn't matter when you join. You want to join a program that will be around now and 10 years from now. If now is the only time that you can join to earn a nice income with the company, then you probably shouldn't join it. You probably shouldn't join it because if it's hot now but cold later, how will you make money later on down the line. Never be duped by claims that now is the only time to join a program. If it works it works - period.
3) To earn alot of money you need alot of sales
This isn't necessarily true either. The bottom line is that you earn money in MLM by building an organization. You have to help your team members make money too or else you won't be in business too long. If you go out and recruit alot of members in your downline, you'll make alot of money this month, but in subsequent months if they aren't making any money, they will soon drop out of your program.
It's not about how many members you get in your program. It's all about how many members you help to be successful also. Just because you get alot of sales in your first couple of months, it doesn't mean that you will be profitable later. So keep this in mind.
If you want to earn money with MLM, you can be duped by the hype. Start building a solid organization and you will see your efforts pay off for you big time.
Good luck with earning money with online network marketing.
ABOUT THE AUTHOR: Randall Magwood is one of the most respected and highly-regarded online marketing experts on the internet. He has a website about internet marketing that helps small business owners learn how to market their business online simply and easily. To learn more, visit his website here: http://www.internetmarketing-rules.com
1) You can make a ton of money in one month
I have yet to meet one person who made alot of money in one month with this business. The bottom line is that you have to work to make your efforts come to fruition and you have to build your income from the bottom up. All claims that you hear of people making thousands in one month are usually from the people who already have a big list of people in their downline. To build a massive downline, you would have to be in business for years to amass the amount of people that they have. When starting out from scratch, you just don't have this.
To make an income of around $5,000 a month, you would need about 1000 people paying at $5 a month to be successful. 1000 people is alot, and it's darn near impossible to do this if you don't have the money to go out and get these people in to your program. Here's another myth that beginners feel is true.
2) You have to join now to make big money
Look, if a company is legit, it doesn't matter when you join. You want to join a program that will be around now and 10 years from now. If now is the only time that you can join to earn a nice income with the company, then you probably shouldn't join it. You probably shouldn't join it because if it's hot now but cold later, how will you make money later on down the line. Never be duped by claims that now is the only time to join a program. If it works it works - period.
3) To earn alot of money you need alot of sales
This isn't necessarily true either. The bottom line is that you earn money in MLM by building an organization. You have to help your team members make money too or else you won't be in business too long. If you go out and recruit alot of members in your downline, you'll make alot of money this month, but in subsequent months if they aren't making any money, they will soon drop out of your program.
It's not about how many members you get in your program. It's all about how many members you help to be successful also. Just because you get alot of sales in your first couple of months, it doesn't mean that you will be profitable later. So keep this in mind.
If you want to earn money with MLM, you can be duped by the hype. Start building a solid organization and you will see your efforts pay off for you big time.
Good luck with earning money with online network marketing.
ABOUT THE AUTHOR: Randall Magwood is one of the most respected and highly-regarded online marketing experts on the internet. He has a website about internet marketing that helps small business owners learn how to market their business online simply and easily. To learn more, visit his website here: http://www.internetmarketing-rules.com