Copyright 2005 Judy Thompson
Are you looking for a home-based business? This could be a wise decision since there are countless advantages to having your own home-based business. Or it could be an unwise decision for you if you get caught up in one or more of many, many scams out there. Before picking a business that seems right for you, you should at least know some basics.
Select a business according to your own special interests, abilities, time and finances.
As you pursue that dream of being your own boss, working from home, having more time and money, undoubtedly you will run across numerous MLM opportunities.
MLM, or multi-level marketing, also referred to as network marketing, offers wonderful benefit of allowing you to develop a substantial residual income. Your income is based, not just on your own efforts, but also on efforts of others. MLM is a “people helping people” business. The more you are able to help others succeed, more successful you will be, too.
However, you will want to understand some basics about company, its products, and its compensation plan, before you join.
With so many new people entering world of wanting to work from home, it is not at all unusual for me to hear them ask, “How do I get paid?”
So … be sure you know this important fact: a true, legitimate MLM company will pay you commissions only on sale of its products or services!
You do not need to do all selling by yourself. In fact, if you choose, you can simply be a user of your company’s products. But you will need to enlist other people into your organization (your downline) who will also use or sell products. The company will then pay you a certain percentage from sales of all products in your downline. If you have only a few people in your downline, most likely your commission check will be very small. But, if you have some workers in your group, your own efforts can be multiplied many times over, helping you to build a large downline. Then you could be looking at some very lucrative commission checks.