I am going to make an assumption and that is always a dangerous thing. Apparently it makes an “ass” out of “u” and “me”? I am going to assume that the reason you are involved in blogging and internet marketing and MLM is because you want to make an income and provide financial security for your loved ones?
So let’s expose the MLM BS and the lies shall we?
The majority of the top earners in MLM’s are top class sales people. Top class sales people make up about 10% of the population. The other 90% of us have varying degrees of sales ability, from, not quite top class to absolutely could not sell a slice of bread to a starving man.
Does this mean that we mere mortals in the 90% group cannot ever be a top earner in MLM? No, but it does mean that perhaps we should not be spending our money on a business model that requires us to sponsor a whole host of people and try to mentor them to do the same and then get everyone to “sell” the product so that we can earn money.
The attrition rate in many MLM’s is shocking. One day you can have a fantastic income and then a few key people who aren’t quite earning what you are earning jump from your programme into another one and take their disciples with them. Your income crashes and burns around your ears and takes your dreams with it.
I have been involved with a number of MLM’s ranging in set up costs from $5 – $200. Lots of sponsoring, training, opportunity meetings, conference calls, sales calls, motivational calls later and they have all sort of disappeared into the dim and distant past. Compensation plans change for the worse, sponsorship bonuses change for the worse, the product changes or doesn’t evolve and the earnings disappear virtually overnight.
A very good friend of mine PERSONALLY sponsored over 200 people into a $50 business in a 4 month period and when he did the analysis he had actually earned more in week 6 than he had in the whole of month 6 and 7 added together.
By month 10 the business had evaporated. For sure, he had made a whole chunk of cash, but he will freely admit that when he did the analysis his hourly rate was not much better than the job he sacrificed to join this opportunity. Not exactly good news and perhaps if you are 100% honest with yourself you have seen this happen to you and to others you know in the business.
Sit down in the cold light of day and give some due consideration to the longevity of the huge number of MLM’s that have started and ended in the last few years. What makes your current opportunity more likely to survive? I sincerely hope it does but what about an easier solution.
Over the coming months you are going to start hearing more about GPN, GPI, GPS GPT programmes and you would do well to giving these some serious consideration. Get Paid Now, Get Paid Instantly, Get Paid Straightaway, Get Paid Today – are just a variation on a theme.
Why spend 12 months building a downline of 100 people, and let’s face it, most people won’t build that downline in 10 years. Let’s say you make $20 per month per member of your downline. It has taken you 12 months to produce an income of $2000 a month – and can you honestly say that you have ever come close to building and maintaining a downline of 100?
Instead, why not build a downline of 10 people and earn $2000 per person in a single payout? 1/10th of the effort for 10 times the income. That has to make more sense surely?
Whatever route your choose I wish you the very best of luck and I am in no way advocating that the smaller MLM’s don’t have value. It makes no sense to put all of your eggs in one basket and makes total sense to have a myriad of income streams of varying values. It makes most sense though to have at least one high ticket GPN programme in your portfolio.
Ask yourself why you don’t have a high ticket GPN in your portfolio. Is it because you don’t understand it? Or is it because you can’t afford it? If the latter is your answer then I would politely inform that, actually, you can’t afford not to afford at least one GPN programme!!
Regards
richie lloyd
