If you have a dream of running your own business you have almost certainly thought about network marketing or MLM.MLM companies that are well run offer a ready-made, repeatable business plan that, when followed correctly, can generate substantial incomes.
These same plans can also lead to dissillusion and dissapointment. How come? Surely if it works for one, it should work for everyone.
The truth is that no matter how good
parent company, how ethically they run their business or how generous their remuneration plan, MLM'ers are still human beings. And human beings are just about as variable as you can get.
For some, network marketing is answer to a prayer. These people will excel. They will earn large commissions and regular bonuses.
For others it will never be 'that simple.'
Just as some folk love mustard and others love ketchup, so it is with MLM. Some folk will just never get it.
At various points in our lives, my wife and I have jumped into MLM to 'help pay bills'.
Let me tell you, for us, effort always far outweighed reward.
Sure, I personally know of several people who are genuinely making seriously big money. One couple made a £150,000 bonus check a couple of years ago. Nice bonus!
So, MLM isn't necessarily ogre that it is sometimes made out to be. Get right company, with a good reward scheme and a great product that people want to buy - and keep buying - and you potentially have a winner.
But ... MLM isn't a magic wand.
The people who do make good money would probably make great money at anything they did. They work all hours that God sends (and more).
They also have a very specific blend of personality traits that frankly, most of us don't match: they combine super sales abilities, with immense patience and teaching skills, AND they have boundless energy.
