Hi Jeremy great article. Here’s my take for what it is worth,after working 50 years for the bank making not so much money,having to accommodate there time schedule ,negotiated vacations and seeing very few people advance to 6 figure incomes,I’m somewhat intrigued by the idea of using my retirement years looking at mlm as a part time endeavour . Obviously I put a lot of blood sweat and tears into my previous job,so I’m not expecting to make my millions in a couple years in mlm, but I like the (do it in your own time) idea. If I find a product I like and would use anyway why not? I also like the idea that the potential is there biased on your own efforts. Am I wrong What do you think?
thank you Jesse, where can i purchase the training pro, i am based in the uk how can I pay for it through you? does that mean you are an affiliate and trying to recruit people in your team? i see lots of people on webinars etc…talking about it and asking people to use their link like yourself to get them to buy the training pro? Please explain the process you are doing? thank you! 🙂
Whether you’re looking into multi-level marketing or interested in starting a different kind of business venture, the right education can make all the difference. An online bachelor’s in business administration or online MBA from Rivier University can help you acquire the skills you need to make your mark in the business world. Learn in a dynamic, flexible environment on a schedule that fits your lifestyle.
The structure of MLMs is very similar to a pyramid scheme. This doesn’t mean that all MLMs are pyramid schemes, but some certainly are. Those interested in pursuing a career in multi-level marketing should do research before joining a particular MLM. Generally speaking, if the bulk of the money you stand to earn comes from recruitment rather than direct sales, it’s wise to be very cautious.
(May 2017 update: did this go under?) The sign up cost will make you do a triple take (almost four figures), but you get to set your own retail price on every product you sell. If you’ve got the skills to make people cough up the cash for their products (which, btw, are pretty legit), you could definitely make that money back. They’ve also been winning plenty of awards (even a growth award from the Direct Selling Association themselves).
Hello, im with a company called Labelle Baskets we have over 600 different baskets and 400 personalized and non personalized gifts as well as fresh flowers cookie bouquets bracelets and charms we also have candles with and with out jewelry we have a business savers club and much more to learn more about Labella Baskets direct sales opportunity please visit Naviasgiftboutique.com and click on Employment don’t forget to sign up to win a free gift basket Navia,
What I found and started and now I love is related to healthy coffee that contains ganoderma. I am sure many of us is addiced to coffee that is why I like this business. :) I do not consider it as selling but rather helping people, families to avoid diseases and to drink healthy coffee. I am not a mother, yet and I am doing this online business besides my regular work in order to prepare for my motherhood and to be able to work at home in 1-3 years. So I am really glad of seeing the inspiring examples here :). Thanks again for sharing!
How about the time factor? Well, so far it's working great for me. I do a combo of online and in-home parties - and both are really successful. I like that I don't have to leave home for online parties and I can have them with people far and wide, not just local. But I love in home parties for the face-to-face fun. Within the company, we have lots of people who exclusively hold online parties - even high-level leadership - which is doable and successful when you aren't spammy and have a good outline (I make my own outline each month and share it with my team members).
I think with direct sales, the most important things to consider are: (1) research into the company, it's policies, fees, and requirements; it's history and reputation (2) connecting with a team that will help you and cares about your own goals for your business, not their goals (3) finding a company that you are excited about and have confidence in the product and mission.
Agree with most of your comments. Born and raised in the corporate community, we never even considered a MLM until came across one after retirement. Looking back we would have looked seriously at the industry much earlier. In any event, we had one good run until management made a few very bad decisions…killing 40 % of our business. But now we’ve found a new home with WGN. Among the many differences is they’re a technolgy company operating as a MLM…go figure.
Nikken is an MLM company created in 1975 by Isamu Masuda with the main goal of producing effective wellness solutions. Its first product, The Magstep, was focused on solving body fatigue and sore feet problems. In 1989, the company expanded to North America and has since entered new markets (countries) all around the world. The company makes about $9 billion in revenues annually.
doTERRA – Headquartered in Pleasant Grove, Utah, doTERRA is health and wellness MLM company that deals in essential oils. Its product line consists over 100 skin care, nutritional supplement, weight management, and essential oils products. Founded by David Stirling in 2008, the company employs about 1,300 people and well over 3 million independent consultants/distributors. The company generates well over $1 billion in sales annually.