Part of the guide: Network Marketing Lead Generation
Some potential recruits ask if there is a free MLM, can you make money for free in any MLM business? When you are responding to this question, it is important to be honest and discuss the costs of starting an MLM business. There is no free MLM and requires an investment of both time and money if a person is going to succeed.
Starting an MLM business is not easy and is not a “get rich quick” scheme. The companies that suggest that money in an MLM business is easy and will begin making large amounts of money quickly are not being honest and the people who join these companies are often disillusioned and lose their investment. This is why it is important to research the parent company carefully before committing, the quality of products and reputation of the company will have a direct impact on you ability to make money and grow your business.
Most companies that offer business opportunities make their own products. Many of the companies who have been in business for several years produce products that are high quality and are unavailable through any source except the small home business. But, there are also many companies that are popping up that have poor quality products or do not have a product that is sold at all. Some of these companies have very high prices for their MLM businesses and make it difficult for a small business owner to make a profit from the sales of products.
Checking on the reputation of the products that are being offered will be an important step when deciding on the parent company that you choose to work with. When you make your initial investment you should receive a kit and product information. Knowing what your investment is purchasing is very important and should have value.
The kit and products that are received should be, at a minimum, equal to your investment. The items included will include products, information, and materials that can be sold and distributed to your potential recruits and customers. When a company does not offer tangible products and information for the investment that you are making it will be important to research the company carefully to make sure that they do offer a saleable product.
When you begin growing your business there will be a large amount of time required as well as your initial investment. The business you start will not have customers, contacts, and recruits provided. It will be necessary for you to find your customers and recruits which will initially take a lot of time.
A person who wants to take a more affordable approach to their marketing and advertising may find that using the free and affordable venues offered by the Internet will be a good way to start their business. Writing articles, creating cost per action advertising, and blogs will be very affordable. When you begin adding team members, it will be necessary to include a method for having videos and web-cast meetings regularly for your team members to establish goals and provide needed training.
Making time for each of your recruits will help you to create a solid foundation of active recruits. When individuals feel they have a support network and that their up-line is concerned about their success, they will stay motivated and continue moving forward. Having a team of highly motivated team members will give you the momentum to grow your business and gain wealth that you want.
Part of maintaining momentum requires an investment of time in helping your team members achieve success. This requires that you spend one-on-one time with your recruits and provide extra training in areas where they may need assistance. Investing personal attention to your team members will not only help them to grow their businesses
The costs involved in growing a business is a combination of time and money. A person will not find a free MLM that will provide them with the kind of wealth that they want. The investment that you make initially will be returned and multiplied, but you will need to make an investment in your future success.
If you are ready to generate on a free MLM: Click here!
–David Wood
Comments
Mohamed Adam Jr, February 8, 2010, 20:35
Great stuff, Dave, very informative! There’s no such thing as FREE money in this world, it requires work and dedication from your side.
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Antwuan Bell, February 14, 2010, 11:14
So true, David. There’s no free money in any business, not just MLM. Just like a quote I once heard, you must become before you can do, and you must do before you can have!
Antwuan Bell
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Glen Geditz, February 20, 2010, 20:26
David, nice to see some up-front honesty. So many people get into network marketing with the unrealistic expectation that a money tree comes with the affiliate kit.
Network marketing is not for the weak and lazy. It’s for those determined to make a positive change in their life even if that means an investment of time and money.
The payoffs are awesome… of course, you already know that, David. Keep bringing this great value to your readers.
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Lark, November 3, 2010, 16:57
Great insight with honesty telling about the facts about MLM. This is to inform especially the newbies in this industry what really MLM is all about so that before they decide to enter into this arena, they already have the idea what to they are about to do. Good job and keep going.
Isabella Ramirez, November 4, 2010, 09:15
This article provides such valuable insights! It’s important to be realistic about the investments needed in MLM. Thank you for the honesty, David!
Liam Chen, November 4, 2010, 09:30
David, your perspective on MLM investments is refreshing. It’s not a get-rich-quick scheme, and people need to understand that. Great post!
Emily Gupta, November 4, 2010, 09:45
I appreciate the clarity you bring to the MLM business model. Understanding the costs and time investment is crucial for success. Thanks for sharing this!
Jackson Lee, November 4, 2010, 10:00
This post is a great reminder that success in MLM requires dedication and effort. Thanks for keeping it real, David!
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Most affiliates earn little, and that is disclosed up front. The difference here is not a promise about what you will make. It is that you can verify every payout yourself, on a public contract, in about twelve seconds.
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The line about ‘writing articles, blogs, and cost per action advertising’ being the affordable route glosses over how much unpaid time that actually takes to work. Free isn’t free just because no invoice arrives — it still assumes hours nobody’s paying you for yet.
Anneke, if it helps — try costing your week in hours before you start anything new, not dollars. People underestimate the free route because they’re only tracking the number with a currency symbol next to it.
Anneke, this is exactly what I was wondering too — when it says ‘affordable,’ does it mean the actual cost, or does it mean cheap in dollars but still eating every evening you have? Sorry, I know that probably sounds obvious to everyone else.
I think what’s being missed by anyone rolling their eyes at this is that most MLM content won’t say plainly that a real investment of time and money is required. This piece does, right in the second paragraph. That’s worth crediting even if the rest is fairly generic.
The ‘kit and products should equal your investment’ standard is the right test, and it’s one I wish I’d actually applied before starting rather than three years in. Most people never check it because the sign-up conversation moves too fast for that kind of math.
Samir, I did that math eventually too, week four or so, when the ‘kit’ turned out to be mostly marketing PDFs and a login I could have made myself in an afternoon. I’d been told the value was in the ‘proprietary training system,’ and what actually arrived was maybe a dozen slide decks and a script I’d already seen a version of on someone else’s blog. Took me another two months to admit the value wasn’t there before I actually acted on it, mostly because admitting it meant admitting I’d done the math wrong the first time, not just that the company had.
Respect for saying it plainly: no free MLM, full stop. Most burnout starts with being sold the opposite.
Honesty about there being no free lunch. Bold stuff for an industry built on the free lunch pitch.