Multi level marketing, or MLM, is a great way to make money from home. For many people it’s the only way that really makes sense. However, as great as MLM is there are some very popular lies about the industry that you need to know if you’re thinking about becoming involved in this controversial industry. In this article I will be going over the top three lies about MLM that you need to know if you want to build a business from home.
1. MLM is illegal or a scam
Talking to people about my home based business I have found this lie to be perhaps that most popular. So let me clear this up right now… MLM is 100% legal. MLM is also not the same as a pyramid scheme which by the way is illegal. Multi level marketing is a legitimate form of business. How else would some companies be able to stay in business for decades?
Yes, MLM is legal, moral and ethical and anyone who tells you different doesn’t have all the facts. It is just as legal as the job you have right now.
2. MLM will allow you to get rich overnight
You can not get rich overnight in MLM. Yes, depending on the company you join with there are often bonuses and ways of making money up front but that doesn’t mean you’ll sign up today and be rich by the weekend. For most people it takes around 2 years or sometimes more to reach their ultimate income goals. Of course some people do it much faster and some people it will take a little longer it just depends. It’s all about how much you work the business.
3. MLM will make your rich without any effort
MLM is a type of business and just like every other type of business if you don’t work it it won’t work for you! No legal business will promise you money without effort. You will have to work your business and put in the time and effort needed for success. However, when you do that you’ll find that MLM is much easier and much more rewarding than a traditional business.
Now that you know the truth about MLM you can find the business that’s right for you.
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