4 Unfortunate Myths About Online MLM

Experts and newbies are alike in misunderstanding the way online MLM works, and under-estimating the steps involved.

2 examples of common (but untrue) MLM myths are: "An Internet Marketing Expert is an Automatic MLM expert" and "Make a Ton of Sales, And You Make a Ton Of Cash".

People fall for the same old myths about how these programs work. And these end up costing them hundreds or thousands of dollars a year in wasted time and effort.

Acquaint yourself with these 4 myths, and protect yourself from the online hype and misconceptions.

Myth #1: MLM On The Internet Can Be Wildly Profitable in One Month

The most unfortunate and damaging myth about online home business is that the income can come quickly.

It *may* be possible for a "big dog" with an established network of partners, to create a residual income of $1000 in one month. But this will never happen for the average person building from scratch.

Consider this:

The average internet MLM pays $2 - $7 per person in an organization. To earn $2000 - $7000 per month, you need 1000 people in your organization.

This is very possible to achieve. But it takes time.

Myth #2: "It's A Ground Floor Opportunity - You Must Join Today"

When someone says: "Ground Floor Opportunity - Join Today" what are they really saying?

Is it: (1) "People who join after me have less chance of making money than I do" ? OR (2) "The company will be useless in 2 years time" ?

Would you want to take a year or two to build a good residual income, only to have that income disappear?

And what would happen to the suckers who join in 6 or 7 months time?

A good business opportunity should actually *improve* with time and exposure. It'll be based on products (or services) - and delivering more in product value than the dollar amount people are paying for it.

(Yes it IS possible to find such companies on the internet, I know a few).

Myth #3: Make A Ton Of Sales and You Make A Ton Of Cash

The way MLM (truly) works best is if a large number of people each help each other to make a small numbers of sales.

Let me show you what I mean:

In an offline business we were in, a guy joined who was an awesome direct mail marketer. Soon he put together a masterly direct mail campaign to promote this opportunity. He invested a lot of money then unleashed his packages. In 5 weeks he had several hundred people in his downline, and was earning several thousand dollars per month.

But within two years he had dropped out of that company.

Why is this?

It's because almost none of the people he brought in were able to do what he was able to. So he wasn't able to help them grow their businesses. (He possibly didn't have time to help 500 newbies). And since the monthly purchase requirement was $130 in this particular company they soon started dropping out.

The point you really ought to understand is this:

"In MLM, you don't make much money from making sales -

You make much money from building an organization!"

This brings us nicely to the next and final myth:

Myth # 4: You Build From The Top Downwards

Many people feel that you "come in at the top", then bring people in "under you". They reflect this in their attitude to the job.

If you're smart, you'll know better.

You build from the bottom.

At the start, there's no one else in your business. You just have a dream, and help from your company and upline.

Imagine you're trying to erect a building.

You find 3 bricks and place them in your foundation. But you must physically support these from below. Yes, they're heavy at first, but you do the job. You continue to support them.

One morning you wake up and there are now 9 bricks in your structure, from the 3 you started with.

You're supporting a 9 brick structure now, and because you do, it continues to grow. Eventually, you look up and find that you have a solid building.

Can you see it?

The bottom "bricks" are people you recruit and assist to take their first steps as marketers of your opportunity. When they help other people, your organization expands.

The point is that the engine that drives lasting MLM growth is people helping other people, in small numbers, and everybody doing their share.

At the beginning your job is to sponsor a small number of people and support them, and encourage them to make sales ... encourage them to encourage other people in the same way.

Once you build a small group of people and the helping culture takes hold, you'll start to develop a rapidly growing organization ... that grows rapidly and wildly with a momentum you couldn't stop, even if you tried to.

You'll have an online home business you can be proud of.

------------------------------

About The Author

Copyright 2004 Luke Ilech

Luke Ilech is a freelance writer with special interest in online home business. Learn 7 closely guarded secrets to success in ANY good online networking or affiliate opportunity by visiting his website. This knowledge can pay you for years to come! And it's still F'ree at: http://www.systematicmlm.com/?share

In The News:

DSN Announces 2020 Global 100 List  Direct Selling News

Effective Use of Traffic Exchanges

Like them or love them, traffic exchanges always seem to... Read More

The Case For A Network Marketing System

Networking Marketing systemModern congested lifestyles makes it very difficult to... Read More

I Could Have Quit $1,000,000 Ago

Two Things (Maybe Three):1) Over the course of this on-line... Read More

The Nuances of Networking

Mention the word networking and you usually either get a... Read More

Multi level marketing online business

What difference does it make to you if the sales... Read More

The X Factor of MLM Mega Earners

Send this to your downline. It will give them a... Read More

Multilevel Marketing

Basic IdeaMultilevel marketing (MLM), also known as "Network" marketing, are... Read More

The Best Network Marketing Company

...is the one that will work best for you.With that... Read More

MLM Leads - The Top 15 MLM Lead Companies in Network Marketing

That is a sound of music to my ears. Why?... Read More

Network Marketing Training - The Single Biggest Mistake Made in MLM Today

So...you have joined a Network marketing Company, and you are... Read More

How I Made Network Marketing Work For Me

So you have been sold the dream. Your friend has... Read More

The Benefits of MLM Leads Lists

An MLM leads list is simply the list of prospective... Read More

Network Marketing Tips

Network marking is the ordinary person's best opportunity to make... Read More

Network Marketing Tips - Helping Strangers First Makes No Sense

Network Marketing business is the opportunity of the 21st century... Read More

MLM and Work at Home businesses Get Financial Boost

Financial freedom has been a buzz word for years, but... Read More

MLM Training - The Network Marketing Success Secrets of Striking Gold in Your Memory Jogger

The question all new Network Marketing Distributors ask when they... Read More

Get Started Now: Why the Time is Right for Internet Business

If you have long dreamed of getting your piece of... Read More

Reminisces Of An Aspiring Internet Marketer

I've spent a lot of time and money on trying... Read More

How to Avoid the Top 5 Time Wasting Activities in Your Internet MLM Home Business

Many people love to build their internet mlm business from... Read More

Keys To Network Marketing

1. SimplicityThe network marketing opportunity must be simple in design... Read More

Network Marketing Is Fun And Profitable

Network Marketing, also called MLM or Multi-Level Marketing, can be... Read More

What is MLM ?

Multilevel Marketing is one of the fastest growing yet most... Read More

Soldiers of Prosperity

Unified MastermindForget big brother. He no longer cares.Once upon a... Read More

Networking Tips for Moms at Home

Plenty of moms today stay at home. After a year... Read More

Make Your Online Party A Success

Online parties are quickly becoming the better alternative to the... Read More