A look at the financial statistics for someone who joined an MLM in late stages
There are many different theories about what an MLM is, but regardless of what the theory is they all seem to boil down to the same thing, which basically means they describe what an MLM is and how it works. Basically MLM stands for multi-level marketing, but it can also represent network marketing, consumer direct marketing and many other names. But regardless of what it is called an MLM is a type of marketing program that is a work at home opportunity. Basically what happens in a MLM is that you have a product that you are going to need to sell; a common product that you might have to sell is a vitamin or mineral supplement. But the thing that makes the business opportunity an MLM is that even while you are trying to sell your product, either to customers or to other people that will sell your product, what you are supposed to be focusing on is recruiting more people to sell the same product that you are selling.
Many people who first hear about this concept tend to think that buy recruiting more people in your area to sell the same product that you are selling is bad for business. The reason that they think this is that the more people out there selling the same product the harder time you are going to have finding new customers and making the sales that you need to make on your products. And in general this is actual true, the more competition that you have the less business that you can do. But the thing about the MLM is that even though you are hiring more people to work for you and against you, if you are the person who is doing the recruiting you are going to be earning money off the sales that the people you have recruited made. Basically what this means is that the people you hire, who also happen to be your customers, are going to be working underneath you and you are going to be earning a percentage of each of their sales. So in other words a MLM is basically like a pyramid scheme, and most of us already know that pyramid schemes are illegal and most of them are scams because they don't work. The same thing holds true for MLMs, except they are not illegal, in fact they are the only example of a pyramid scheme that is legal.
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So now that you understand how an MLM works you can better understand the fact that if you join an MLM in the later stages your chance at being successful and making money is drastically reduced. Basically if you join an MLM in the later stages of the business you are going to end up losing money. The reason for this is that you are at the lower end of the recruitment so you won't be able to recruit as many people or sell as many products because most of those resources are going to be tapped out. In fact only about 1% of the people who join an MLM in the later stages actually earn a profit.
Here is a look at some of the financial statistics for someone who joined an MLM in late stages.
For about 90% of the people who join an MLM in the late stages the dream of financial independence is basically nothing but a dream, which means that they are not going to be making much money from the MLM.
In fact only about 10% of the people who join an MLM in the late stages are actually going to receive a commission check each month.
Of the 10% who do receive a commission check each month, 80% of those people are not going to make enough money to financially support themselves, which means their check is not going to be anywhere close to a full time income.
