Tweet

MLM Business Opportunities, Do they Work In A Web 2.0 World?

Written by: Dwayne Phelps

Article Overview: If you are reading this, you are either looking into an MLM Business Opportunity or your already in one and struggling? Am I right? There are many reasons why they don't work today, but more importantly what can you do about it?

MLM Business Opportunities, Do they Work In A Web 2.0 World?

If you are reading this, you are either looking into an MLM Business Opportunity or your already in one and

struggling? Am I right? Well, I can tell you that I've been through it all. I've seen people go thousands in debt, loose their spouse,

loose their house, not be able to afford groceries because of their auto-ship and of course sponser 100's of people and

within a couple months only to have all of them leave within a few months for "the next big thing."

Is it possible that a MLM business opportunity is just not a viable way to make money today? After all the average life of a

distributor is barely over 90 Days.

From my observations of being in MLM for many years and having great success here are the 3 problems I see:

1. Traditional MLM Business Opportunities don't work in this day & age

2. The tiny checks you get from residuals and signing up distributors is not enough to keep someone going

3. The attrition rate is to high with all the distractions of Web 2.0 today

If you've been in an MLM company for any amount of time you can immediately identify with all of these issues, right?

So what do you do? How do you face these problems? What's the answer?

The first problem has to relate to people in our community being sick of being "pitched" at

Hotel Meetings, lunch appointments, coffee appointments, house plans and tasting parties.

Think about it, how many people showed up to your last gathering and how many of them got started, let alone actually did anything?

The second problem revolves around the "tiny checks" you get. $50 is just that...$50! You would have to recruit at least 10 people

to make $500, then you usually have a residual of a couple dollars on the back-end. That amount of money won't even cover the expenses you have to forkout for a monthly auto-ship and your marketing budget to be able to keep bringing recruit's in.

The third problem is like filling a bucket up with water, and taking it back home with a hole on the side it. By the time you get home you'll be lucky to haveany left. Their is high attrition rate with MLM business opportunities because people are always looking for the "next big thing". And with the internet people can get their curiosity satisfied. This usually happens because they haven't made any money within their first 90 Days or been educated on how to market properly.

Here is exactly what will solve these problems:

1. Get a solid internet marketing education, you can't afford to waste your time prospecting family and friends anymore. With the internet you can access the world within a couple minutes. You just have to learn how, so invest in becoming a great internet marketer.

2. Don't get involved with Traditional MLM companies, look for "Top-Tier Network Marketing" Companies. That have products that allow you to make at least $4000 your first month with only a couple customers. This will allow you to invest in more marketing and build your company fast because you now have funds to move forward.

3. If you have gotten a good internet marketing education and have joined a top tier network marketing company you will be able to provide value, in the form of marketing education to your downline and be able to get them into profit within their first 90 Days. Which will solve that 90 Day attrition problem.

The world is changing a lot and if you are struggling with your MLM business opportunity, these are the exact principles you can apply right away and get results fast.Don't make it any more complicated than it really is , remember entrepreneurs take action before they have it all figured out.

Related Articles
  Legitimate Work at Home Opportunities – The Most Important Question YOU must Ask!
  The Importance of Thanks
  Handle Rejection with Grace
  Sales Force Motivation - Learn from the Red Sox' Miraculous Comeback
  Where To Find The Right Work At Home Opportunities?

Article Tags: amount of money, amount of time, amp, appointments, attrition rate, auto ship, checks, coffee, couple dollars, distractions, groceries, house plans, lunch, marketing budget, mlm business opportunities, mlm business opportunity, mlm company, proble, way to make money
Referred by: http://jaykubassek.com



Related Forum Posts
Name for website - Hmmmm Authors World Authors Network Authors World Wide Weblog World Wide Authors Arboretum (or some other alliterative word) WritertoWriter Writer to Reader WritersWorld WritersConnect AuthorsandtheirReadersBlog
You can see my Bank statement......... - Hi there, Today we are bombarded with 'Business Opportunities' by the multitude. I believe it is possible to earn a lot through the internet, but it is hard work. Nobody gets it very easy on a long term basis. [b][b]How much notice do people take[/b], [/b]when the Bank Statements are shown as means of 'how credible' their business idea is? Are they always totally true? They look authentic. The whole industry is growing rapidly. What is your experience? Is there any regulation in presenting the 'Bank Statement' or other statements from 'Click Bank' etc ? Kindest Regards Beat "Unlock People's Potentials!"
My entry - 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read - this is a fascinating book about the history of Business theory, and I'd recommend it to anybody. 2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto. 3. PADI: The Business of Diving Book Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
Books for Women Entrepreneurs - There's a thread for good books in the Resources folder, but it doesn't target books for businesswomen particularly, so I figured I'd start such a thread here. It doesn't matter how successful you are in your business - it's always possible to learn something new. In subsequent posts I give Table of Contents and brief descriptions for various titles - most of them devoted to the businesswoman - and sometimes a review. If anyone else has read a review, or has read the book and found it useful, please comment! 1. The Old Girl's Network 2. Mother's Work 3. The 7 Greatest Truths About Successful Women 4. Pitch Like A Girl 5. Workplace Warrior 6. Treasure Hunt: Inside the Mind of the Modern Consumer 7. Contingency Planning & Disaster Recovery 8. She Wins, You Win 9. Napoleon On Project Management 10. Why Good Girls Dont' Get Ahead, But Gutsy Girls Do 11. Comeback Moms: How to Leave Work, Raise Children, and Restart your Career even If you Haven't Had a Job in Years 12. The One Minute Millionaire 13. Talking From 9 to 5 14. Soloing: Realizing Your Life's Ambitions 15. 101 Best Home Based Businesses for Women: Everything You Need to Know About Getting Started on the Road To Success 16. Work With Passion: How to Do What You Love for a Living. Revised and Expanded 17. Fail-Proof Your Business: Beat the Odds and be Successful 18. Confidence: How Winning Streaks and Losing Streaks Begin and End 19. Women Don't Ask: Negotiation and the Gender Divide 20. Millionaire Women Next Door: The Many Journeys of Successful American Businesswomen 21. Start Small, Finish Big: Fifteen Key Lessons to Start - and Run - Your Own Successful Business 22. Rewired, Rehired or Retired: A Global Guide for the Experienced Worker 23. The Martha Rules: 10 essentials for achieving success as you start, build or manage a business 24. The Essentials of Entrepreneurship: What it takes to create Successful Enterprises 25. Net Ready: Strategies for Success in the E-conomy 26. The Promotable Woman 27. Leave The Office Earlier: The Productivity Pro shows you how to do more in less time and feel great about it 28. The Work At Home Balancing Act: The professional resource guide for managing yourself, your work, and your family at home 29. Secrets of Six-Figure Women
Re: Work At Home EStore (13775) - Maybe we need a folder where people who want to post this type of stuff can post it, rather than scattered throughout the forums... Something like Opportunities for Entrepreneurs... or something?


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Tweet

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

The Substance Abusing Employee

How to Write Your Articles for Better SEO

What Aweber Can Do For Your Online Business

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.