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Professional Investment Services Rss

MLM what a topic

Tags: ,

What a wonderful topic.

It is one of those topics that is certainly polarising.

My friend posted a blog indicating that gambling would result in more returns for people than MLM. This of course received so many responses it wasn’t funny.

His other blogs had maybe 10 to 12 replies.

So what is the real deal with MLM.

Is it the companies fault that so many people fail when they join MLM companies?

I had someone reply to this question in my hubpages, he had 10,000 people in his down line and he still went broke.

I don’t know what MLM company that was with but crikey….thats just horrendous.

My personal view is that MLM is just another business model and like any other business it will succeed or fail based on the individual who starts the business.

The biggest problem with MLM companies though is that the people who recruit the new people in don’t usually have any experience with recruitment and or sales them selves so it ends up being the blind leading the blind.

In my company (Professional Investment Services) I would not dream of allowing my receptionist to hire sales people and then train them. It just doesn’t make sense.

I may be wrong but from what I have seen with most MLM companies this is what typically happens, the newest person in the company is out promoting product and trying to recruit new people into the business.

The other thing I have noticed is that most MLM companies rely upon product being sold or new people being bought into the network, however most of the population are not sales people.
That does not mean they can not become great net workers or sales people however it must be pretty obvious that some people do this sort of thing naturally and some people are much better being accountants

The other thing is that most new recruits are sold on the concept that they will make fortunes with very little work, yet know one I have met who is successful in MLM has dne this without a lot of very hard work.

So thats my view on MLM

Big Tez

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