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  • Answer Upon - What is MLM or Network Marketing?

    The Job Interview Pep Talk - How to Psych Yourself Up Before the Big Day
    So you’ve decided to take the plunge and start hunting for a new job. This takes courage, so congratulations on being willing to step out there! One of the next hurdles in navigating your personal career path is the job interview. Maybe interviews are old hat for you; maybe you're fresh out of school and are just learning the protocol. Either way, consider this article a mini refresher course and pep talk to get you going! Below are a few thoughts to fi
    e I may join the business and my commissions on product sales may be 20%. If I persuade you to join (ie, become a business in my “downline”) then you will also receive commissions on your sales of 20%. However I will receive commissions
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    Although I might seem to really hate MLM (and you’ll know me as the person who banned all MLMers and network marketers from My Speed Business Network) I want to assure you that I have enormous goodwill and respect for MLM done properly.

    After all, network marketing provides a business model that has the potential for incredibly wide-ranging benefits: financial, economic, educational, social, political and philosophical. It’s a brilliant model. The problem is that it has been done so badly that its reputation is foul, to say the least. This series of articles is an attempt to redress that, to point out the errors, and describe proven business strategies that will help MLM to fulfil its promise, to many more people.

    MLM or network marketing is the name given to any business model whereby the growth of the business depends upon recruitment of more business owners, and payment is via a tiered system of commissions. For instance I may join the business and my commissions on product sales may be 20%. If I persuade you to join (ie, become a business in my “downline”) then you will also receive commissions on your sales of 20%. However I will receive commissions o
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    >
    After all, network marketing provides a business model that has the potential for incredibly wide-ranging benefits: financial, economic, educational, social, political and philosophical. It’s a brilliant model. The problem is that it has been done so badly that its reputation is foul, to say the least. This series of articles is an attempt to redress that, to point out the errors, and describe proven business strategies that will help MLM to fulfil its promise, to many more people.

    MLM or network marketing is the name given to any business model whereby the growth of the business depends upon recruitment of more business owners, and payment is via a tiered system of commissions. For instance I may join the business and my commissions on product sales may be 20%. If I persuade you to join (ie, become a business in my “downline”) then you will also receive commissions on your sales of 20%. However I will receive commissions
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    it has been done so badly that its reputation is foul, to say the least. This series of articles is an attempt to redress that, to point out the errors, and describe proven business strategies that will help MLM to fulfil its promise, to many more people.

    MLM or network marketing is the name given to any business model whereby the growth of the business depends upon recruitment of more business owners, and payment is via a tiered system of commissions. For instance I may join the business and my commissions on product sales may be 20%. If I persuade you to join (ie, become a business in my “downline”) then you will also receive commissions on your sales of 20%. However I will receive commissions
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    many more people.

    MLM or network marketing is the name given to any business model whereby the growth of the business depends upon recruitment of more business owners, and payment is via a tiered system of commissions. For instance I may join the business and my commissions on product sales may be 20%. If I persuade you to join (ie, become a business in my “downline”) then you will also receive commissions on your sales of 20%. However I will receive commissions
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    e I may join the business and my commissions on product sales may be 20%. If I persuade you to join (ie, become a business in my “downline”) then you will also receive commissions on your sales of 20%. However I will receive commissions on your sales of perhaps 10%. And if you sign up people under you (which I’ll be encouraging you to do of course!) then you and I will both enjoy commissions on their sales. And so on.

    There are lots of different configurations, with some companies having only 2 tiers available for instance. Commission rates vary, some companies pay a bonus for recruiting, and some companies charge a joining fee or require you to buy product, marketing materials, or even “training material”.

    Network marketing, or MLM is different from “pyramid” schemes. In a pyramid scheme you must pay to join, and you get money back only when you convince someone else to join. Every pyramid scheme collapses and some simple math will show you why.

    Let’s say there is a pyramid scheme where everyone who joins is limited to joining up just 5 other people, on the basis that they’ll quintuple their money. So it kicks off with the founder joining up 5

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