If you can find the right MLM online opportunity, you have a great chance of creating a substantial work from home income. There are many MLM companies out there, but in our experience, the easiest way to work an MLM opportunity is to work it online.
If you’ve been in MLM for a while, you know how important good leads are for your business. They are literally the lifeblood of your business. If you don’t have a constant stream of people to talk to about your opportunity, you will fail. It doesn’t matter if your leads are from a list of people you know (your warm market) or from a list you don’t know (your cold market) – you must constantly have people to talk to about your opportunity. When people run out of leads in their warm market, they often resort to buying leads.
Today, I’m going to talk about a major misconception regarding MLM opportunities: the idea that benefiting from other people who are “under” you in your downline is a bad thing. Anyone who’s ever heard a negative commentary about an MLM opportunity has probably heard the following statement, or something like it: “I don’t like those pyramids – someone at the top reaps all of the rewards from people working below them.” (First of all, a legitimate MLM is not a “pyramid” – I’ll distinguish between pyramids and legitimate opportunities in a future post).
Robert Kiyosaki (author of “Rich Dad, Poor Dad”) says that most people enter the work force with the traditional Industrial Age mindset regarding wealth creation. They think they need to go out and get a job, save and invest money, and hope for the best. Yeah, I’m sure people who lost half of their 401Ks due to the recession were hoping for the best too. Most people just assume that they will have to work for the overwhelming majority of their able-bodied lives. Well, it doesn’t have to be that way.
Online business opportunities come in many forms, and they can all be lucrative and fun. However, some are more lucrative than others and also require a lot less time to promote. Let’s look at a few online business models:
I’m convinced that one of the biggest reasons why many people fail at internet marketing is not because they lack the skill or ambition to become successful, but because they get burned out. As with any big vision, building an internet marketing empire requires staggering amounts of patience and endurance. As we all can tell from the statistics on credit card debt in America, most Americans do not understand or aren’t disciplined enough to practice delayed gratification.