MLM BUSINESS

How to Become Rich – 9 Proven Ways to Make You Rich Fast

Like everyone, you too want to become rich. But you don’t have any clear idea on how to become rich fast. You have already seen a lot of ‘get rich scheme’ on internet but never succeeded in any of that. So what exactly you have to do? Is there going to be any magic that will make you rich. Is this your bad luck that is stopping you to becoming rich [….]

So if you have a burning desire, I can show you the proven ways to become rich. There are around 9 solid ways to become rich & most of the people in this world who became rich used one of these ways only.

Exceptions

• People who are born rich – you are not in control to use this way
• People used illegal way  – I will never recommend this way.

• 1. Internet Marketing
• This is one of my favorite way to become rich. If people ask me only one & the best way to become rich then I would recommend internet marketing only.
  There are millions of people in Indian & around the world who became rich through internet marketing in last 15 years.
  There is no better time than this for smart & hard worker to use internet marketing to become rich.
  People shop online like never before. There is huge growth of online shopping in last 5 years & its continuously growing at much faster rate.
  So, how can you use internet marketing to become rich. There are number of ways to do that.

  i) Make money online programs

  There are dozens of make money online as given here exist on internet. But not all these options can earn you big money. Check that link & you will find which one is best for you that can make you rich. We have also provided free training for each & every method once you sign up.
  Don’t worry as the training is absolutely free.

  ii) Sell your own product

  This is another method, I will recommend you to become rich.  Either, you can create your own website to ell your product or become a seller on sites like Flipkart, Amazon, eBay etc. & sell your product.
  Don’t worry, if you don’t have your own products. If you do some market research, you can easily find some good product that you can sell with great margin.
  Another way is to sell products from China. If you have import & export licence then you can buy products from China at a very cheap cost & sell it at a much higher price in India or any other country.
  One of another best way is to create your own eBook & sell it online. There is 100% profit in selling eBook because, you don’t have any cost of creating more eBooks once you have finished writing your eBook.

2. MLM (Network Marketing)

Believe me, this is one of the easiest & fast way to become rich. Not one, but I have literally seen hundreds of people made millions of dollars though network marketing.

No education, no qualification & low investment needed to get big success in MLM.

So what exactly you need to start making money from network marketing.

• A best MLM company & plan – Check top 10 network marketing companies
• High motivation & stubbornness
• Leadership skills – check top 10 strategies of successful MLM leader
• A perfect marketing plan – read how Yogesh got big success in MLM

If you want to increases the speed of success, you can promote your MLM company through internet.

Caution – don’t join any investment type of plan or money laundering plan in MLM as these companies are illegal.

3. Kaun Banega Crorepati (KBC)

Whether its KBC in India or ‘Who Wants to Be a Millionaire?’ in US, there is a big scope of making a million dollar in just 1 hour time.

One of the major factor that plays an important role here is your luck. And another important factor is your knowledge.

The combination of these 2 can make you 5 Crore in KBC.

Hundreds of people earn big amount every KBC season. Many of them earn even more than 1 Crore.

So what differentiate winners from losers?

Their desire!

Yes, they call & SMS day & night to participate in KBC. They don’t have ‘give up’ attitude. They know, if they don’t get chance this season, it will be the next season or another next season.

So if you want to become rich through KBC, try, try & try.

And, if you are invited to participate then get as much general knowledge as you can.

4. Stock market

What better option for people with financial knowledge. But high returns in stock market comes with high risk.

If it has the ability to make you millionaire overnight, then it can also make you bankrupt.

So play safe & in limits.

Your knowledge about market plays a very important role to make big money in stock market.

How to go ahead

Even if you have lots of knowledge, there are some basic rules of stock market you need to follow in order to make (not lose) big money in share market.

Get knowledge –

1. Read economic times daily
2. Read tips & news on MoneyControl.com
3. Watch TV channels like CNBC, Bloomberg etc.

Find here some of the basic rules of stock market. And here is the secret for choosing million dollar stock.

5. Bring a new idea

There is no second opinion in the philosophy “An idea can change your life”. Here I am not talking about the idea to make money but an idea to solve some problems in the life of people.

Some of the ideas that made people super rich –

• Larry Page & Sergey Brin created Google
• Sabeer Bhatia created Hotmail.
• Mark Zuckerberg created Facebook
• Shai Wininge created Fiverr
• Lalit modi brought the idea of IPL
• Ekta Kapoor redefined TV industry

You can even think of small ideas that is new in your city, state or country.

Some of the ideas that you can work on

• Toys on rent business
• Healthy breakfast service
• Virtual assistant services
• Cost cutting services
• Social media profile management
• Your own new idea….

6. Create a controversy

What do I mean when I say “create a controversy”. I am talking here about saying or doing something that is  not acceptable by a small/large section of society.

But there should not be any crime or illegal thing involved here. It should be perfect legal & under the law.

A controversy can make you famous overnight & then you will find a lot of opportunities yourself in media or whatever your target is.

Some of the famous example –

• Poonam Pandey created controversy when she said “I will go nude if India wins World Cup” & now she is in high demand.
• Aseem Trivedi created controversy when he created controversial cartoon. He got selected in Big Boss.
• Mika Singh & Rakhi Sawant created controversy when Mika kissed Rakhi. Now both of them are popular celebrity.
• Shaheen Dhada created controversy when she made a Facebook comment about Balasaheb Thackrey.

Just check this article to know how to create controversy & get the attention of media. And here are33 topics that you can use to create controversy.

7. Gambling

There are many legal ways of gambling & betting you can use to become rich. You can find number of online gambling sites, casinos or you can even buy lottery tickets.

But there is an equal chance of losing your money. if you can afford to take this risk then this is also one of the best way to make money.

8. Work hard towards your passion

Every person in this world comes with some passion. Don’t let this waste. Work so hard towards your passion that when there is a discussion on that topic, people recall your name.

• Who do you remember, when you talk about career in kitchen – Sanjeev Kapoor or …?
• Who do you remember, when you talk about best PAAN – Muchhad Paanwala or …?
• Who do you think about, when you say great acting – Amitabh, SRK, Rajni ….?
• Who do you think about, when you talk cricket – Sachin or …..?
• Or great writers like Salman Rushdie, Arundhati Roy, Chetan Bhagat etc.

There are thousands of such examples.

You have the passion in photography, you can become a top photographer; you have passion in studies, you can do your best in education; you have passion in sports, you can become a top sports person; you have the passion in music, you can excel in music world & so on.

9. Marry a Rich Girl / Boy

What easy option may you find than marry a rich girl (if you are boy) / boy (if you are a girl). If you can manage to marry a rich girl or boy then you can make yourself a rich person.

There are lots of ideas on internet that will give you the secret of attracting a girl. If you follow this idea then follow with a true heart & never try to cheat anyone.

So which idea you want to go with to become rich. If you are already rich, then how did you become rich. Tell your story through comment.

How to Effectively Promote Your MLM Business Online & Offline

MLM is a not an easy business & more than 70% people don’t earn a single cheque in their entire MLM career. Only 3% of the people make it big in any MLM company & rest of the 27% people make a normal living from this business.

You need to do something different to get included in the 3% of the people. You must have qualities like a leader & a willingness to do something different. Another most important part for success in MLM or any other business is ability to promote your business.

If you have just started your MLM business & want to join your friends & relatives first then I have written a very useful article here which will show you how to make your MLM business a success through known people.

But once you have shown your business to each & every known people in your circle, you will be left with these choices-

• Just give up because you didn’t get good response from your friends & relatives.
• You have joined a good network but your network members are not able to add more members.
• You have a good team & most of your team members are very active & there is good scope in future.

In all these situations, you need to promote your MLM business further so that you can add more & more new members under your team.

There will be 2 advantages of promoting your business further to the unknown world. First is, you are continuously getting hundreds of direct referrals & even if you get few people who are self motivated, they can grow your network like anything. Second advantage is, you can add your referral under your inactive members so that they will get motivated & some of them become active.

So here are some of the simple ways to promote your MLM business online & offline-

Online Ways to promote MLM business

Although I have used both the methods but I like online method more than offline because of its reach. You can take your network internationally through this method.

Here are best way you can promote your business online-

1. Creating a website or a blog

I know most of the MLM networkers who are reading this article don’t have idea of creating a website & they will try to ignore this promotional method but trust me this is much easier than your thought.

If you spend sometime getting the idea of creating a website & doing some SEO, you can get high quality leads from all over the world.

Millions of people all over the world search Google for checking review & other details of MLM companies. You need to optimize your website in such a way that your website appears on first page of Google for many of such keywords.

This way, people will visit your website, read about your MLM company & if they like it, they will contact you for further details.

You can refer this article to create a high quality website & if you want to know about search engine optimization then check this article.

2. Promote through Comments & Forums on MLM topics

This is another best way to promote your MLM business. You need to find blogs who has written articles on MLM & network marketing. You need to leave a good comment along with your company details & contact number so that others can see this & contact you.

You can see one of my article on top MLM companies here where I have received more than 450 comments. Many people try to promote their MLM companies through the comment section. So this way, you can search Google with different keywords on MLM & leave your comments on the site you find through search.

Another way of promoting online is through MLM forums. There are hundreds of high traffic forums on network marketing. You can search Google with keywords like MLM forum or network marketing forums.

You can join these forums & contribute in questions & answers. You can promote your MLM companies either through signature link or in the question-answers.

3. Promote your MLM business through Facebook page

You can create a Facebook page with the name of your MLM company. Then you need to promote your Facebook page so that people Like your Facebook page, become the fan & in future your customer.

Use this link to create a Facebook page. You can also choose a vanity ULR for your Facebook page so that it looks clean like Facebook.com/MyMLMCompany instead of very long URL.

You should use a professional profile photo & cover picture so that your FB page looks some professional. You need to update your page daily with MLM news in the world or news about your company, new updates, reward structure, motivation stories in your company etc. so that your fans will be engaged with your FB page.

You can also use paid feature of Facebook advertising. You can get thousands of potential fans in just few thousands of rupees.

More FB fans means more conversion.

4. Google AdWords

This is one of the best method if you have investment to promote your MLM business. You need to create a Google AdWords account, make the payment either by credit card or net banking & then create your ad.

Within minutes, your ad will appear on the first page of the Google with all the potential keywords. You will receive quality traffic on your website & your network can grow at a very fast speed.

You must read the story of Yogesh Srivastav who is working part time in Bangalore & earning a full time income from MLM by promoting through Google AdWords.

This option alone can grow your network very fast if used properly.

So these are some of the best way to promote a MLM company online.

Offline ways to promote an MLM business

Now check some of the best ways you can promote your business through offline methods-

1. Pamphlet Distribution

This is one of the most effective & cheap method of promoting your MLM business. I have used this method number of times to promote my business & always got good response without much investment.

There are number of ways you can use this method as given below:-

a. Through Newspaper:- You can design 4×6 inches pamphlets & contact major newspaper vendors in your area. They can insert your pamphlets in each single newspaper & distribute to all their customers.

You need to make sure that delivery boys insert only one ad pamphlet in one newspaper. If you are not present at the time of inserting your ad, they can insert multiple pamphlets in one newspaper & so your ad will not reach all the people.

b. Distributing at Crowded Place: I don’t need to tell you which area in your city is always crowded. You just need to hire a local boy to distribute your pamphlets personally to each & every person in the crowded place in your city.

You can use this method on daily basis because you will always get new people in the crowd. To make it more cheaper, you can reduce the size of your ad to 2×3 inches.

c. Distribute in building apartments: Gone are the days when 7 floors+ building were found in only metro cities. Now you can find buildings with dozens or even hundreds of apartments.

Here your target is letter boxes located in these buildings. Either you can drop your advertisements or hire someone to drop your pamphlets in the letter boxes.

You can also stick your advertisement near the building lifts or inside the lift so that each & every person who use the lift can see your advertisement.

Always ask the permission of society manager before doing this.

2. Newspaper ad

Although this is costly but this is also one of the most effective ways to promote your MLM business. Display ads are too costly & not affordable at initial stage so you can place the ads in classified section.

You can create an attractive 4 or 5 lines advertisement & place your ad in newspaper classified ads. Most targeted categories in newspaper for MLM business are ‘work from home’, ‘business offer’ or ‘part time jobs’.

Here is the list of some of the top newspaper in India-

1. Times of India
2. Hindustan Times
3. The Hindu
4. Deccan Chronicle
5. Dainik Bhaskar
6. Punjab Kesri
7. Indian Express
8. Rajasthan Patrika
9. The Hitvada
10. Navbharat Times
11. DNA

And many more local & regional newspaper. You can target as per your city.

Try to start with one newspaper in your city only. If you get good response, you can use other newspaper & target other big cities.

Tip: If you directly deal with the newspaper then you can get a more better deal. Also, don’t forget to take the advantage of discount schemes going on for multiple ad insertion.

3. Poster Ads

You can create A3 or A4 size poster ads & stick your poster on the walls of main areas in the city. You need to make sure, if the place where you are sticking your advertisement is not objectionable. If so, you can take the permission of local authorities.

People try to remove or torn the poster so you need to make sure if your advertisement is stuck properly & paper quality is good.

4. Auto & Taxi Ads

I know you understood how to promote through this method by just reading the headline. This is really an effective & cheap method. You can talk to few of the auto & taxi driver (even the rickshaw puller) & tell them you are ready to pay them a monthly fix amount for placing their ad on their autos & taxis.

Because they travel all over the city, your business can be viewed by thousands of people every day. Try to stick the ad on the most visible place of their taxis.

Local Cable advertisement

Giving ad in local cable is also a good way to promote your business. Local cable ad is very cheap & they can run your advertisement on the local channel of your cable TV.

Many of the people including me have used these online & offline methods & found it a very successful way to promote your MLM or even any other business.

If you have experienced any of this, then do share your thoughts on this.

A Perfect Plan to Join New Members & Grow Network in MLM

Someone showed you an MLM plan, you joined this with enthusiasm & thought you can easily add your friends & relatives under your network & make great money.

You started giving the presentation to your known people, you tried to show plan for each and every people but very few of them showed interest, you got de-motivated & left the company in the first month itself.

What went wrong?

How some people can have thousands of downline under their network and some can’t join even 2 people in their lifetime.

The only difference between them is leadership & planning!

No one is a born leader so you need to develop leadership qualities in you & if you don’t make a perfect plan then you can’t get success in MLM.

Before I go further I want to tell you my experience in MLM. Here is the history-

• First MLM presentation that I attended was Japan Life in Khar Mumbai in 1999. I was so motivated to join the company that I tried my all possible ways to collect Rs. 1 lac but failed to collect even Rs.5000.
• The first company I joined was Versatile private limited in year 2000. I was a fresher in MLM world. So what! Many big networkers made it big in the first company itself. But I failed. My team never grew more than 5. I could see, even the illiterate taxi driver who introduced me to the company was doing  great in the company.
• Second company I joined was Free India Concept. I was in a different city & had no friends & relatives. So I started promoting through newspaper ads & other offline methods. I was not successful even in Free India but I learned a lot by attending number of big events in Free India, observing successful people & meeting hundreds of unknown prospects through newspaper ad.
• Later on I joined many MLM companies & I was successful in each and every company. My downline in each and every company was more than 1000 & in one of the company my team was more than 5000. Some of these companies were MyVideoTalk, TVI, SpeakAsia etc.

I regret that I joined SpeakAsia because the intention of that company was not good & it proved to be a fake company.

Perfect Plan to Grow your MLM Network

I gained a lot of experience in MLM. The plan I am going to show you works very well & you can really achieve great success in MLM.

So read this here-

Develop leadership qualities

If you have these qualities then its well and good & if you don’t have these qualities then you must read this article.

A leader can speak to anyone, anywhere and on all occasion. You must have confidence in your system so that you can tell about your company & show your plan confidently.

Everyone wants to join with the leader. If your prospect is ready to join, the next thing he will think that whether you can provide him support or not.

He must have confidence in you & the power to motivate your downline.

Know the Company & Plan Perfectly

Most of the people do this mistake and lose their prospects when they are unable to satisfy their answer.

So you need to know each & every details about the company, their owners, the product the are offering, their USP, branches they have & most important the income plan because most of the people join network marketing for making money only.

After you are confident that you know each & every thing, you can start promoting your MLM.

Note: Don’t join a company if you find these 2 things in the company-

• If the product, company is offering is not a useful & unique product.
• And if the plan looks like money rotation scheme.

Make your list & sort it with high to low potential candidates

So don’t be in hurry to show the presentation to the first person that comes in your mind. Instead make a list of all the people you know.

The best way to do this is by checking the contact list of your mobile & sort them with high potential candidate to low potential.

The reason is because if you go directly to low potential candidates then they will try to ask dozens of irrelevant questions like ‘how much you have earned’, ‘product is of low quality’ ‘what is the guarantee’ etc. which are difficult to answer & if they reject, you may get de-motivated.

So first develop the confidence & earn some income by joining the easy prospects in your circle & start from high to low potential contacts.

Arrange some party or get-together

The biggest problem comes when you invite your prospects. As soon as you use the words like plan, presentation, company, scheme, income, they try to avoid you by showing you their busy schedules or other excuses.

So these are the old things now.

You need to arrange some party at your place & invite your most potential & close contacts to that party.

Make sure, you also invite one of your top senior who is earning great income in the company because our friends take us lightly.

They will be more focused if an unknown person gives the presentation. And by doing this, you are becoming more confident for future presentations.

If you want better results then invite them individually because if you invite a group and even if one person is negative then it will affect other people in the group.

Once you are experienced, have a small network & received 2-3 payments then it will boost your confidence.

Now you are ready to show the plan on your own. If you are unable to invite more people, you can directly visit their home. You can also ask junior members under your team to arrange similar parties & then be there to show the presentation to their prospects.

Hire a place for regular presentation

This is the time to multiply your network. If your team is growing then its time to rent a place for giving presentation. You can ask your seniors to finance partially. It will be great if you choose a central location e.g. Dadar in Mumbai.

You need to train & motivate your team members to invite their friends & relatives. Don’t ask them to show any presentation until they are fully prepared & confident.

If you have a team size of 100 & even 20% of people bring 1 member daily & only 5 out of 20 converts, you have 5 members daily (150 members monthly) under your network.

This is the power of network marketing!

Work efficiently with your seniors & juniors

You need to utilize the power of both your seniors & juniors. You need to use the support of your seniors at all level. Support like giving training to your network, providing financial help or even some company level support.

Your downline is your power & they are responsible to grow your business.

You need to have at least 2-4 leaders in every 100 members. You need to provide them training for developing leadership qualities, showing effective presentation & how to get motivated all the time.

Promote your MLM outside your known circle

If you want to make it really big in network marketing then you need to build your network in all the different cities of India and if your company is global then you can think of promoting your business in other countries.

Here I am going to show you some of the best methods of promotion in short. In my next article, you can find the detailed planning of promoting MLM offline & online.

Methods to promote offline

• Design a good flyer & distribute copies in the crowded area. You can hire someone & keep and eye on him so that he will distribute this properly.
• Similar to flyer, you can also design handbills and distribute through a local newspaper.
• Advertise in local & national newspapers. Always check for good deals in ads rates.
• Advertise through local cable operator.
• Contact radio channels.
• Order custom design T-shirts for your friends or people like milkman, delivery boy, vegetable vendors in the market etc. who deal with hundreds of people.
• You can advertise on your car.
• Design an attractive business card & give it to each & every person you meet.

Online methods of promotion

• Create a simple website, write about your company, product, plan & about yourself. Use the name of your site in all the offline & online methods.
• Either you can do some quality SEO to get the potential traffic from Google or use the paid method of Google AdWords.
• Create a Facebook page and promote your website there. Update your FB page on regular basis with company news, achievements or even humor.
• Promote it through free classified sites.
• Advertise in MLM forums. Search Google for different forums, join it & promote your company.
• Search for blogs on MLM, make money, extra etc. in Google & write quality comment with little promotion of your company.
• You can see more than 50 methods to promote online here.

Believe me, the above plan is simple to implement & its a foolproof plan for joining new members & multiplying your network.

If you are a successful network marketing leader, your comments are appreciated.

What is IDSA (Indian Direct Selling Association) & How to Become a Member of IDSA

IDSA (Indian Direct Selling Association) is a self regulatory association for the direct selling industry in India. IDSA act as a middle man between the industry and the policy making bodies of the government for the purpose of Direct Selling Industry in India. IDSA takes an initiative of helping and consulting the direct selling industries to grow them in India.

Some of the famous member companies of IDSA are Tupperware India Pvt. Ltd, Max Life Insurance, Hindustan Unilever Network, Herbalife International India, Amway etc.

Direct Selling

Direct selling means directly selling the products or services to the customers at their homes, offices and any other location. For Direct selling permanent location or retail location is not required and selling can be done by showing demonstration or by explaining to the customer.

All types of products and services are sold through direct selling. The products sold through direct selling are unique, good quality and have money back guarantee also.

Through direct selling not only the cosmetics but also the high quality garments, house hold products, kitchenware etc are sold. IDSA registered companies encourage people to join their network and sell their products through direct selling. Through direct selling the seller gets the commission on the product sold.

Benefits of Direct Selling

1. Direct Seller can earn extra income by doing direct selling of the products. Direct selling can be done by employed persons also no need to leave the job.

2. Flexible working hours no need to work in between particular hours.

3. Direct contact with consumers so can understand the taste or preference of the consumer towards the product.

4. A good opportunity of being self employed for housewife and retired persons.

To become direct selling distributor following skills are required

1. Leadership Qualities
2. Presentation Skills
3. Convincing Skills
4. Selling Skills
5. Understanding customers

Benefits for members of IDSA & services

IDSA members get lots of benefits and assistance to grow their business in market.

1. Use of IDSA logo on the products & services
2. Recognition
3. Right to elect the Executive Committee
4. Leadership Opportunity
5. Information Availability
6. Professional Networking

To become members of IDSA

1. The company and its partners, promoters should be of good financial condition.
2. The company which is trading of the products and not manufacturing the products then they should either have their own trade mark or trade name or should have the rights to sell or distribute the products.
3. The company which is manufacturing or producing the products by itself and is completely owned by the company itself.
4. The company should submit all the fees required by the Association.
5. The company should submit all the required documents for scrutiny along with the completed application form.
6. The company should sign to abide by the Model Code of Ethics.
7. The companies method of operation should be fair and should comply with the Model Code of Ethics and should be relevant as per Indian Legislation.

Top 5 MLM Plans in India

Imagine you are a cloth merchant. You sell 100 shirts a day. It sounds satisfactory but can you sell more? Much more than the average count?

Multi-level Marketing (MLM) plans are optimized to give your business the necessary boost to sell your products and services like never before.

Listed below are top 5 MLM plans available in India which should give you an idea which plan will gel with your business the best.

1. Generation MLM plan

This is not the easiest to understand but with a brief one can reap the benefits out of this plan. Let us understand this with the simplest example possible.

Generation MLM plan works in a similar way. Here, the next person in the downline gets all volume from the earlier generation. However, the former should be of same or higher rank. This process continues till the very end.

Most of the top companies in the world like Amway, Herbalife etc run this type of MLM plan only.

Benefits of opting for this plan

• It is a powerful plan.
• The step ladder formation helps you earn more at the start. So, your payback is quick. So, you get your invested money back at the earliest, which can be used to invest further or for consumption.
• Systematic flow of income

2. Binary MLM Plan

If you have any idea about MLM plans (before reading this article), you know about this plan. This is the easiest MLM compensation plan available till date. Here is an example.

You take an apple and cut it into halves. Then, cut each piece in to two halves. Again cut each piece into two halves.

Binary MLM Plan works in a similar manner. Business centers are owned by distributors, who recruit two sponsors to expand the network. They in turn recruit two sponsors each. This goes on and on.

The benefits of this plan are appreciable. However, opting for this plan one should know that there is a limitation that only two sponsors can be recruited at every level.

Most of the latest MLM companies in India use this plan only. This is very lucrative plan for MLM leaders because they can make big money in short time with this MLM concept.

3. Australian X-Up MLM Plan

This is quite similar to Binary MLM plan. This plan was first introduced in the mid 1980s in the U.S. and was titled with an ‘X-Up’ which refers to ‘Pass Up’. The basic idea was to pass the benefits reaped on to the previous sections and earn the benefits reaped by the next sections.

This can be better understood with the help of an example.

You recruit A, B and C. Sales of C goes up you and the sales of A and B goes to D. Now, as long as D works on keeping H and J going, the returns earned by D can be as deep as he wants and his eligibility criteria will not be affected.

4. Stair Step Break Away MLM Plan

This is an ‘old is gold’ MLM plan, as it is the oldest MLM Plans available today. The basic idea here is to move more and more and generate better volume in the organization. This defines your pay scale too. To get a higher percentage of compensation, the member has to generate more volume. With every increase in the volume, the percentage of pay moves upwards.

5. Monoline MLM Plan

Lastly, we have the most trending MLM plan. It is a stylish plan which does not restrict or force the entrant to reach a certain level. It resembles the pressured matrix strategy, but has some advantages over and above the latter. This plan works with the help of a number of spots which enrich the opportunities whenever there is a new person connected to the system. This plan is quite popular and if you have a multiple stage marketing organization, this is the best available plan for you.

Top 5 Reasons I Don't Like New Generation MLM

Multilevel marketing was always present from a decade or more. Even today, you can find many MLM companies cropping out every day. They have their own strategy and ways of operation. I have been studying the trend of Multi level marketing for years. With a series of peripheral research, I came to dislike the new generation network marketing companies.

The new generation of MLM is basically selling the dreams of passive income to people. Without selling a single product, how can someone get into a pyramid scheme? Some people might feel attracted in the beginning with the false promise of individual dealing with New Generation MLM. But gradually, they will come to know about its flaws.

Top 5 Reasons for not Liking New Generation MLM

Creation of own competitors

There are some rules of multi level marketing. Here at the first stage you need to sell things. Along with your selling activity, it is also equally important for you to get in touch with such people who can dedicate effort in selling like yourself. Thus, commission will be earned through the sales they achieve.

But today’s MLM concentrates on only recruiting people under each head. They do not choose people on the basis of talent. Rather they concentrate on the number of heads. If you can think deeply about recruiting people under you from your friends circle or peers, you will soon realize their competitiveness in the market to defeat yourself.

Conflict between Passive and Active income

One of the attractions of MLM is commitment of passive income. Here, many people benefits if they can recruit good and productive people under them. They can form a wonderful company by themselves and even work for making upper level gain. But, there is a contradiction with the primary message of MLM, “Marketing a product”. Thus, I fail to understand whether I should concentrate on marketing or sales in new generation network companies.

Profitability with question

Business concentrates on profit. Since MLM is also all about business, profit is one of the main concerns of this business. Even after deducting marketing and other costs of the business, there must be a profit margin.

But today’s MLM fails to achieve profit of the business. Since, the products over here are redundant and overpriced, very less people wish to get it. Thus, the company does not get appropriate margin to cover . Network marketing with new generation hides the cost of marketing and recruiting. People have to pay this from their pocket.

Pyramid scheme

Most of the present companies concentrates on pyramid scheme. The reputed MLM companies provides a loud disclaimer that, “We are not pyramid schemes.” Most of the MLM marketing companies say that the organization that follows the pyramid schemes are not legal.

The direct selling associates having direct contact with the company convince people through two main tactics. Firstly they give them a clear idea between pyramid schemes and MLM industry. Secondly, they claims that unrelated schemes with MLM are pyramid schemes.

Inculcating like Indoctrination

You will find much new MLM organization speaking about support training for personal growth. But, they results into indoctrination centers. But, this flaw might be denied by many associates working in such organization. But, I have seen the so called team building exercise with the same technique.

These are the flaws I have realized in new generation MLM with research for years. You may also find psychological pressure put on various individuals working under the experienced head of new generation MLM. You must read all terms and condition and profile of such marketing company really well before proceeding.