Posts tagged mlm industry
I am often asked questions about MLM
What is MLM all about – please tell me!
- Why are so many people all over the world participating in this industry?
- Why is it sometimes frowned upon, criticized and deemed as perhaps a ‘scam’, not a real business?
- Why do some people love it with a passion and others hate it with a passion?
- Can you really earn money?
- Do some people really make ‘mega bucks’?
- Do the companies really have good products – better than the average product on the shelf?
The answer to all these questions is the same as in any industry and profession.
Yes and no!
There is the good, in fact the very good and the not so good – the good, the bad nod the ugly you might say!
However, what I can do is tell you what I know of the good and the very good.
Why do I praise the MLM Industry?
My experience in MLM is good for many reasons.
It is so much more than the money, the income I earn.
It is also about the wider benefits, the wider experiences I have enjoyed and learned from being part of it.
Let me start from the very beginning. I found out about MLM because I was experiencing a health challenge. My doctor had been treating me with intravenous nutrition.
He directed me to a nutritional MLM company for my maintenance program.
I am not using products from this company now as I have found far superior ones.
However, the nutrition I took then and the changes I made, have turned my life and my health around. I have never looked back.
MLM and personal growth
On a very personal note, I say a big thank you to all the training, personal growth and development I have done since being part of this industry.
The last 18 months have been extremely challenging for me, as my daughter was stricken with an aggressive form of cancer.
Watching her struggle with the very aggressive treatment and then watching her die was heart rendering to say the least.
MLM training helped me cope
But and a big BUT. I have been taught how to think about difficulties, how to frame experiences, how to maintain my dignity and posture in stressful situations.
This training, this education of my mind allowed me to cope with this terrible time with fortitude and composure.
It allowed me to talk about her in my eulogy in a truly meaningful way – as I wanted to without falling apart.
I was surrounded with a circle of caring and giving fellow network marketers because all those in network marketing or MLM know that it is in the giving that you receive.
For the duration of our struggle we were all surrounded, held and supported by this net of people, of strength and love and positive thoughts.
This is what MLM is truly about
Why? Because this is the true mlm’er.
It is not about the scammer, the cheaters or the greedy.
It is about people who know and understand the meaning of teamwork, sharing, giving, receiving and looking ahead.
This post has not taught you about the money, or how to do the business. More on that in the next few posts.
But this is the core essence, the core ethos of the industry – everyone doing a little bit for the benefit of each other and therefore caring about each other.
So if you are asked or you ask about MLM here lies your answer.
If you want to know about some of the best MLM nutritional companies , click here
The Wall Street Journal Says It All!
A BIG YES for network marketing.
“Add in technological power and globalization, and you’ve got a winning formula”
“Why Now is Prime for Direct Selling.
In 2010, direct selling companies generated over $125 billion in revenue in 150 countries via more than 75 million men and women who are changing lives serving others.
From March 2009 to May 2011, the top publicly traded direct selling companies averaged a 268 % increase in stock price.
Financial advisors and investors both are seeing direct selling companies with new eyes, focusing on the efficient business model, rapid growth, and generally low on-going capital investment after the initial surge.”
*Scott Van Winkle says, “I don’t go a week now without getting a phone call from a private equity firm looking at a direct selling asset, and that was just nonexistent 5 years ago.
It appears that wise investors are getting in now.
Clearly, the economic impact of direct selling companies for the United States and for the world simply cannot be overlooked.”
Too good to be True ?
This is amazing validation from such a traditional publication as the Wall Street Journal. Not only have the given the networking and direct sales industry an incredible wrap, but they have done so in a 40 page supplement.
Yes – a 40 page supplement
They call it the “Ultimate Social Business Model”
People in the MLM industry know and agree with comments and research. They know that not only can you earn the extra income you need, but you also
- meet positive people with drive and ambition
- experience personal growth
- benefit from the products of your company.
There is an MLM business for all women and an MLM business for all men. Something for everyone.
It is the solution to the shrinking job market. It will give you and opportunity when no one else will. It will give you employment and income when times are tough.
You can use the time proven traditional word of mouth referral system and combine it with the technology of the internet.
You can bring the world to your door and your business with the click of your mouse when you learn how to generate your own online leads.
This includes social media and You Tube.
“Van Winkle and others know the time is right. Many of the innovative investors are reaping rewards for acting upon their confidence in the direct selling industry. Others are just now seeing the value, but the opportunity is still available to be part of this successful sales model.”
As the Wall Street journal says. Its “Making dollars and sense”!
*Scott Van Winkle, CFA, is a Research Analyst at Canaccord Genuity, known for serving institutional and corporate clients through investment banking, research, sales and trading services.