Is MLM-Multi Level Marketing a Genius Opportunity or an Epic Catastrophe?

Before anything else, let me remind you of the fact that multi level marketing is not for everyone. Before you decide to go grab that opportunity, you better make sure you’re entirely committed to it as if it’s the break that will change your life forever.

I’ve been in the mlm-multi level marketing business for over 20 years now and I’ve earned millions from it. But that doesn’t mean you can just jump into my kind of business and expect it to work for you. It’s like wanting to become a doctor for half a million dollars per year. Don’t be stupid mate, not everybody can be a doctor, just as not everybody can be a multi level marketer. This requires patience, perseverance and commitment. You have to make this business your dream.

Of course, making it your dream means looking at it at the correct perspective. Balance out the pros and cons of the business, just as you would neither listen to the first cynic person who failed at network marketing and then concludes that multi level marketing is bad, nor are you going to take the MLM haters seriously when they enumerate their obviously one-sided story of why MLM doesn’t work. These people have never heard a person thank them for changing his life with this opportunity. They are one of those traditional employees working for fixed hours every day and then expect the government to do the rest when they grow old. Every business is a gamble and the stakes are normally high. I don’t want you to waste your time which is why I’m here to help you with my experience, and then you go figure the rest.

I started out as a full-time employee with linear salary. Eventually, I saw MLM and worked it out with my amateurish marketing skills. I made it to millions before I was 30. I could have taken that money and started something else: a real estate agency, a consultancy firm, several stores and the like—but I didn’t. Why would I anyway? I’ve got everything here with MLM. I managed to live my dream of financial freedom and carefree lifestyle while helping average people improve their lives. And for helping these people, I get to enjoy the awards that come with it. In short, I get paid for helping others. Moreover, I enjoy the good partnership that I establish with many people as I help them achieve four, five, six and even seven-figure incomes per month. I also helped small businesses grow and are now valued at $70 million. These things make me proud of the business and of myself, and should be enough reason for you to evaluate the business rather than merely listening to cynics and naysayers.

As a millionaire in this industry, I will vouch for MLM to be an authentic, sincere and reliable business model that can skyrocket you to success.

People who don’t really know how MLM works are the sensationalists behind the 97 percent failure rate. If we’re going to base it on real statistics, the DSA (Direct Selling Association) survey result shows that 7.5 percent of MLM distributors are full time while 21 percent make it part time. Talk about success and that’s so much more than any kind of marketing scheme ever. MLM opportunities breed more millionaires like no other industry on the planet.

But in order to achieve financial freedom at MLM, one has to understand that scams exist in every business model, may it be real estate, insurance, stock brokerage etc. In fact, these industries have way more scams and misconduct than MLM that you haven’t heard of.

Then why does MLM gets more visiblity when it comes to scams? Think of it this way, there are 800,000 insurance agents and several hundred thousand stock brokers in the US, but there are 16 million multil level marketers in the country. Around 475,000 people join in the industry weekly making it the most preferred home-based business model. It holds majority of online advertisement as if the internet is nothing but MLM.

There are two things you have to bear in mind about MLM. First, it’s not a person or an industry but a system. It’s a method of distribution where you steer your direction towards your personal goal. It enables you to earn in the sheets of a sales model, and the ratio of your sales and income is proportion. Whereas selling cars or real estate will only give you linear income.

Second, you have to identify the opportunity and separate it from what’s not.

So let’s divide MLM models in five categories:

First division is the part of the industry that offers money games, chain letters, gas cards, grocery or travel coupons, the software package and scams like that.

Second are the long-standing companies like Avon, Nu Skin, Amway, Mary Kay etc. which are tedious to grow now because they’ve been around forever. I, for one, avoid these kind of companies.

Third are the companies that remain stagnant and never make it big. They promise “stability” but there’s always something in their company that isn’t right– be it product, management, compensation plan or strategy. If you are to make real money in MLM, you need a company that goes massive at early stages, not 15 years later on.

Fourth, the companies of billionaires, Wall Street tycoons and celebrities. In fact, many Hollywood TV informercial moguls has an MLM company which many of them I’ve worked with, but none of them has ever succeded. They don’t have the heart and mind-set for MLM. I personally won’t join a company that doesn’t have the experience and capabilities of an MLM leader.

Finally, here’s my MLM business, one that is young and has everything align– from amazing product, compensation plan, capital, functions and leadership– ready to be the next big thing in the industry.

So if there’s anyone you have to listen to prior to joining MLM, its yourself. Do your homework and go figure out if its good for you. If a product is paired with good marketing, then go for it. No one can stop you but yourself. It’s all about you in the end.

To build a powerful MLM business you have to build the skills to attract lots of FREE MLM LEADS. It’s the key to you success.

Among the many industries today, network marketing is one of the top 3 opportunities to launch average people to success.

The industry, which has endured much criticism and scrutiny in the past, has gained the respect and acceptance of many people as a legitimate way to earn. In fact, billionaires and celebrities alike are starting their own company under this industry. The bad economy marked by the downfall of Lehman brothers in 2008 did not affect the stronghold of network marketing at all.

In order to succeed in the world of network marketing, one must have 5 things. First, a company whose principles are tried and tested to work in this industry. And by that, one must stay away from those whose owners are imports from other industries, thinking they can buy their way to network marketing success. The rules of this business is different from many others, and without understanding of these rules, the company’s gonna go down— and so will you. Moreover, make sure the company’s products are effective, unique and exclusive, something that’s gonna click irrespective of the opportunity or payplan.

Second thing is deep expertise at lead generation, both traditionally and via the internet. If you’re not skilled enough in doing so, follow an upline who has a proven lead generation system and can teach you how to be as adept in prospecting. Remember that leads are the vital spark of your business, you have to have quality leads. This is only achievable if you generate your own leads. Avoid buying them as much as possible.

Next thing is to have the skills at call back. It won’t matter if you get thousands of leads per day if you don’t know how to approach/deal with them. Your call back skills will determine your sign-up conversion rate. And yet again, an excellent upline will be able to help you with this. He knows enough so as to not allow you to do your talking like an annoying salesman.

Another thing is the enhancement of your killer answers. You know, when you invite people to network marketing, they are often either inquisitive or negative, and by this, they ask you questions like a machine gun firing a thousand bullets per minute. You might think you can’t really master the exact answers because different people ask different questions, but remember there are standard questions, something that all of your prospect asks. Its better to identify these questions so you can prepare persuading answers.

Finally, work your ass off the first 90 days so you have a story to tell. If you start producing over $2,000 within this timeframe, you will surely fire your career to success. If you don’t mark any result in your first 90 days, people will end up questioning your believability, and you will end up making alibis to appease their probation.

Riccardo Ferrari is 27-year network marketing veteran. Was #1 earner in 4 companies with organizations of over 800,000 reps/customers. He has written many articles and a powerful e-book on the topic of lead generation and many other topic to help people build successful businesses. He runs a blog title Online Familyiq. Take a visit you will find a wealth of information.