17 Comments
21 Clues To Spotting A Social Media MLM Dinosaur
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Profithog
Premium Plus
I'm sorry I actually made a nice six figure income in mlm and had many in my downline who were able to create nice full-time income and even more who made an excellent extra income. Did everyone make money? No. But simply because you weren't able to make it in mlm why run it down? Seriously do you really think everyone who gets into straight affiliate marketing lives on the beach in a multi-million dollar home? Do you think there are thousands of "Carsons and Kyles" out there? Get real. MOST PEOPLE FAIL AT BUSINESS! That's the truth, whether online or offline people fail more than they succeed and I find that those who run off at the mouth about other business models are usually those who are losers. But thanks for the training :-)
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Babou3
Premium
It's true that we must hang on to get there and there are
very little Kyle and Carson exemples. But in all fields we must
persevere to get there. Apparently you've done it well, so
it's possible to get there without being millionaire either
in MLM or affiliation.
Thanks for your sincere answer, it is very interesting!
Have a nice day!
Ingrid
very little Kyle and Carson exemples. But in all fields we must
persevere to get there. Apparently you've done it well, so
it's possible to get there without being millionaire either
in MLM or affiliation.
Thanks for your sincere answer, it is very interesting!
Have a nice day!
Ingrid
sotiris1
Premium Plus
This is not a post about MLM income, it is about MLM marketing techniques. There are people that make billions starting wars that doesn't mean we need to start one to make lots of $$$$$ I built a huge team in MLM more than once but absolutely hated the way we were taught to do it. That's why I started doing affiliate marketing.
Instead of shoving my products in peoples face that don't even want it, And wasting hours of their time and mine. I can dangle something in front of someone who really wants it. They put in their card details and I get paid and everyone is happy.
I don't think in this post I mentioned business statistics either, obviously from your comments I might have hit a nerve. So there might have also been some learnings for you in this post.
Most businesses fail because people do not work at it or don't use common sense, sometimes because they do not have the belief or knowledge required, or do not do the things they needed to do to get their business off the ground.
Thank you for the comment
Have an awesome day..
Instead of shoving my products in peoples face that don't even want it, And wasting hours of their time and mine. I can dangle something in front of someone who really wants it. They put in their card details and I get paid and everyone is happy.
I don't think in this post I mentioned business statistics either, obviously from your comments I might have hit a nerve. So there might have also been some learnings for you in this post.
Most businesses fail because people do not work at it or don't use common sense, sometimes because they do not have the belief or knowledge required, or do not do the things they needed to do to get their business off the ground.
Thank you for the comment
Have an awesome day..
EdwinBernard
Premium Plus
Great video! It is uncanny that I wrote a post about MLM Programs in my Website that begins as follows:
"Want to know the truth about MLM companies? It ain't pretty."
And surprise! You covered most of the reasons I did too!
But the main point I made is that the vast majority of members in MM make little or no money. And the turn over is high. But the companies themselves are mainly concerned about making sales no matter how that happens. That drives their sales people to focus on the product and the company and NOT on the customers needs. They want a sale no matter how they get it. Such a shame.
Now don't get me wrong. These companies do have systems to help their associates succeed but very few can actually do that. And theoretically, a new member can build a network and can earn more than the individuals higher up the chain. And that does happen. But it is very tough and requires a lot of personal and leadership development, and recruiting. And so much effort is put into high power motivational conventions and meetings to convince everyone they are on the right track. I hate all of that. It's so old school!
It is funny that those approaches you listed are precisely the WRONG way to do any type of business. Let alone an MLM business.
That is one of the reasons I love the methods taught here about Affiliate Marketing. I think people in MLM can learn a thing or two about how we go about building our affiliate marketing businesses.
The focus is in first, finding people who have a problem that the products and services we represent can solve. And second, educating them about our products and services so that THEY can make an informed decision. And we do that all online through the power of attraction and not by bugging people.
Nobody likes to be SOLD. But everyone likes to BUY.
When I get requests to be friends on social media I research those individuals to see what their network of friends are all about. When I see they are MLM based I ignore these requests. But sometimes I find some great leaders in those groups. I have a plan to address their problem of finding leads and how the WA program can go a long way to addressing their needs.
It is uncanny that one individual from England approached me on FB to introduce me to his MLM company. I liked his initiative and made friends with him But I politely declined. Wouldn't you know he gave up on MLM and went into Affiliate Marketing and is doing much better now than he ever could in MLM!
My philosophy is even when I don't like the way I am approached for an MLM opportunity I am as respectful as possible to the other person when I decline. They are trying to build a business even though I may not like how they are going about it. Since THEY contacted me, I look at them as fair game to find out what problems they have and if I have a solution for them.
Even in our Affiliate Marketing business, we cannot ignore the power of building a business network of entrepreneurs!
Thanks for this eye opener!
Cheers
Edwin
"Want to know the truth about MLM companies? It ain't pretty."
And surprise! You covered most of the reasons I did too!
But the main point I made is that the vast majority of members in MM make little or no money. And the turn over is high. But the companies themselves are mainly concerned about making sales no matter how that happens. That drives their sales people to focus on the product and the company and NOT on the customers needs. They want a sale no matter how they get it. Such a shame.
Now don't get me wrong. These companies do have systems to help their associates succeed but very few can actually do that. And theoretically, a new member can build a network and can earn more than the individuals higher up the chain. And that does happen. But it is very tough and requires a lot of personal and leadership development, and recruiting. And so much effort is put into high power motivational conventions and meetings to convince everyone they are on the right track. I hate all of that. It's so old school!
It is funny that those approaches you listed are precisely the WRONG way to do any type of business. Let alone an MLM business.
That is one of the reasons I love the methods taught here about Affiliate Marketing. I think people in MLM can learn a thing or two about how we go about building our affiliate marketing businesses.
The focus is in first, finding people who have a problem that the products and services we represent can solve. And second, educating them about our products and services so that THEY can make an informed decision. And we do that all online through the power of attraction and not by bugging people.
Nobody likes to be SOLD. But everyone likes to BUY.
When I get requests to be friends on social media I research those individuals to see what their network of friends are all about. When I see they are MLM based I ignore these requests. But sometimes I find some great leaders in those groups. I have a plan to address their problem of finding leads and how the WA program can go a long way to addressing their needs.
It is uncanny that one individual from England approached me on FB to introduce me to his MLM company. I liked his initiative and made friends with him But I politely declined. Wouldn't you know he gave up on MLM and went into Affiliate Marketing and is doing much better now than he ever could in MLM!
My philosophy is even when I don't like the way I am approached for an MLM opportunity I am as respectful as possible to the other person when I decline. They are trying to build a business even though I may not like how they are going about it. Since THEY contacted me, I look at them as fair game to find out what problems they have and if I have a solution for them.
Even in our Affiliate Marketing business, we cannot ignore the power of building a business network of entrepreneurs!
Thanks for this eye opener!
Cheers
Edwin
sotiris1
Premium Plus
Wow, that should be a blog post-Edwin:-) I understand the point about being respectful Edwin but let's face it after the 30th sales phone call or Facebook message selling the next big MLM. You have to draw the line if you want to have time to create content for your own business.
That way you can offer solutions for people that want it, without beating their doors down. To me, that is the real disrespect, not respecting people's time or what they want or need in order to make a few $$$.
That way you can offer solutions for people that want it, without beating their doors down. To me, that is the real disrespect, not respecting people's time or what they want or need in order to make a few $$$.
sotiris1
Premium Plus
Sounds like a plan Shane, you could create a few videos in the time it takes you to get across your message. No, I don't want that, I think they want 11 no's maybe it's better to give them one MLM dinosaur post or video. Then get your life back and your content done lol.