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yahia Forums Member
Joined: 8 Oct 2006 Posts: 220
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#1 · Posted: 7 Jan 2010 23:12 · Edited by: yahia
I had this idea a while ago, and even started a website and a blog about it, then I stopped as I got busy with other life issues. Here is the idea:
MLM as a life style means that when you need to buy anything, you first search for a source that utilizes MLM as a method of marketing.
Say it's grocery shopping day. The traditional way is that you drive to the grocery store, pick your stuff, check out and drive back home. You do the same every week or so, but never get rewarded for your loyalty.
The MLM way is that you search for a grocery source that involves multilevel marketing. When you bring in a new customer you get rewarded for their purchases as long as they are customers.
If the MLM source doesn't exist, search for a source that at least rewards you for your loyalty.
If you do the same for gas, mortage, communications, and all aspects of life you'll find that you have the MLM option in many of them.
Then know how many people do you need to refer in each program to get your services for free and make that your goal.
After you reach that goal of recruiting, train your referrals on doing it on their own.
Then let it grow on its own.
Your direct benefit is having many of your expenses eliminated, and your most precious asset (which is your time) is saved for something else (instead of going shopping you get your order shipped to you, and you do the recruiting and training thing once and forget it). The indirect benefit is that you have invested your time in building a foundation for multiple streams of residual income.
Residual income is awsome. You don't need to keep working for it, and at the same time you pay the least taxes possible on your income.
Sounds too good to be true, doesn't it? Like a nice dream?
Actually it is just a dream. A wish that I believe will come true someday (I am working on it).
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Tech Maish Forums Member
Joined: 28 Dec 2009 Posts: 17
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#2 · Posted: 8 Jan 2010 14:23
Yahia very informative post.
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happywife
Joined: 14 Aug 2007 Posts: 1485
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#3 · Posted: 15 Jan 2010 23:13
Hi Yahia,
It's an interesting concept and is probably possible to a small degree, but with most MLM companies, you really need to keep recruiting new customers as time passes in order to maintain your residual income.
Also, many MLM type products cost more than what you would perhaps pay for non MLM products. To get involved in so many different MLM's to meet all of your needs would cost you a pretty penny up front.
Don't get me wrong. I do like the MLM model to some extent (depeding on the company and plan) but I'm just not sure if what you describe would really be the most ideal dream - at least for me.
Here's something that you can consider while you are working on this dream. Look for these same types of companies that have affiliate programs instead.
Affiliate programs require no minimum purchase from you in order to receive the commissions you generate, and many of them will allow you to purchase your own products through your own affiliate linking, giving you a substantial discount on the products you are planning to purchase anyway.
Just another angle to think about.
Blessings, Angie
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granny Forums Member
Joined: 3 Nov 2009 Posts: 8
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#4 · Posted: 16 Jan 2010 02:44
You do have an interesting concept but in reality if you are actually looking to create a lasting income with MLM you simply must focus and trying to spread your focus across many different companies could be really hard and actually result in less income for you. Also, many of the MLM companies have significant entry fees and ongoing requirements that would make it difficult as well.
That being said, if I'm looking for a particular product such as cosmetics........I definitely look at those sold through MLM. Not because I want to join the company but because I believe in general MLM provides some of the best products on the market.
I'm very happy with the company I'm working with. In a sense MLM is in fact a lifestyle because it is a business that you take everywhere and you end up doing business everywhere! It is not a get rich quick business......it requires focus and consistency but I think that what many do not understand is the simple fact that if you are with the right company and you work consistently and correctly.......you honestly cannot fail. I know that is a bold statement but it is one I do believe is true. Think about it, if you get involved with a company that has a great product, a great compensation plan, great training, great support, etc.... you learn and apply what you learn consistently, if it took you 10 years to end up with an income that is double or triple what you currently have..........would that be time well spent? Would it be something that interests you? Now, if you happened to hit that income faster......great, but the fact remains....you will get out of it what you put into it.
I think the problem is that many MLM companies are not setup for the new associate to become profitable fast enough. So, the new associates quickly become discouraged and quit. The most important thing for any brand new associate is to hit profitability FAST! Profitable associates do not quit! This was one of the things on my list of "must haves" when I went in search of the company that I would invest my time in. I'm thankful I found a company that offered everything on my list!
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yahia Forums Member
Joined: 8 Oct 2006 Posts: 220
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#5 · Posted: 16 Jan 2010 05:47
happywife: Here's something that you can consider while you are working on this dream. Look for these same types of companies that have affiliate programs instead. Please refer to my posts in this thread, this is what I do for living:
What IS Affiliate Marketing??
With the current structure and mentality of MLM companies I totally agree with you. How I am working on it is by inducing and nurturing competition between current network marketing companies and inviting others from all different markets to apply the principle of MLM marketing.
Since you are into affiliate makreting happy wife (forever, amen ) I am sure you heard with Anik singals new classes in which he trains affiliates on taking their business to the next step by introducing the concept to more companies and managing their affiliate program.
Mine is doing just the same, but I introduce the MLM model as a first choice. This is how I am working on it.
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yahia Forums Member
Joined: 8 Oct 2006 Posts: 220
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#6 · Posted: 16 Jan 2010 06:00
My idea is not about creating income. It is about being able to cover your life expenses without having to pay for them. This is for the first generation. With this concept in mind, income will be generated eventually as more generations (in MLM terminology) join the "revolution".
granny: I think the problem is that many MLM companies are not setup for the new associate to become profitable fast enough. My idea granny is about a lifestyle, a system in which the whole community is involved. And it all starts with a really effective training. Maybe a course prepared and conducted by the biggest names in the industry, a class taught in public schools, a major in business schools, and an MLM-oriented MBA degree.
Why not? I am dreaming .. let me dream big!
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NathanZ Forums Member
Joined: 18 Jan 2010 Posts: 3
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#7 · Posted: 18 Jan 2010 14:04
Yahia,
I love it! And it's totally doable as well. Get your cleaning products from Shaklee, your skin care from Amway, toothpaste from Oxyfresh, vitamins from Usana, groceries from American Harvest, clothing from Ziami, telephone service from ACN....
Even if you don't set out to make money in all of them, it promotes a healthy relationship in the industry, which is something we always can focus more on.
Nice stuff! Nathan Z
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yahia Forums Member
Joined: 8 Oct 2006 Posts: 220
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#8 · Posted: 19 Jan 2010 08:08
Exactly. This is the idea. Build a downline that covers your expenses, and they will do the rest. Build a network and money will come eventually.
Nice dream isn't it?
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ZriiProsper Forums Member
Joined: 18 Dec 2009 Posts: 47
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#9 · Posted: 28 Jan 2010 16:16
Sounds cool but with autoshipments you'd need to have a good income going already to do it. Also because of the nature of mlm comp plans you would be better off recruiting new people into the same system instead of having many people all on the first levels of multiple companies. Besides when you're shopping at the mall in the middle of the day and people ask how you can do that - you can share your mlm experience.
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talfighel
Joined: 17 Mar 2007 Posts: 1000
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#10 · Posted: 30 Jan 2010 11:27
Yes, you do the work once and get paid for it for years and years to come but you do need to go through a good amount of people in order to succeed.
Many people think that they can just talk to a few people and get them all in. The challenge is that you do need to talk to 50-100 people before you find the few who are serious and will take massive action.
Tal
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yahia Forums Member
Joined: 8 Oct 2006 Posts: 220
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#11 · Posted: 30 Jan 2010 14:37 · Edited by: yahia
ZriiProsper: Sounds cool but with autoshipments you'd need to have a good income going already to do it. We are talking about things you buy anyway. Autoships are not going to change how much you spend if you choose the right company, it only changes where you spend your money.
ZriiProsper: nature of mlm comp plans you would be better off recruiting new people into the same system instead of having many people all on the first levels of multiple companies You are talking about binaries, right? The good companies don't use this model. It is also an unfair kind of plan and I don't expect any success for such companies. I know MLMs that have been around for over a decad and because of using this binary system they are still at the tail. It's just unfair.
talfighel: Yes, you do the work once and get paid for it for years and years to come but you do need to go through a good amount of people in order to succeed. I agree. But this shouldn't be a problem for a teenager who's just turned 16 or 18 and still has all the time to go through several magnitudes of this number of people.
talfighel: The challenge is that you do need to talk to 50-100 people before you find the few who are serious and will take massive action. This is part of the qualifcations for the job. Isn't it? I mean, this is the kind of people you need in your downline. Those who can go through hundreds of people in order to saturate their front line. You don't want the first type of people in your business.
After all, it's all up to you. In the system of my dreams, you'll need to learn first where to find those people, how to evaluate them, who should you approach and who you should run away from, how to present your business, what are the words to use and what are the words you shouldn't use, when to close and when to give more room, and much more.
In the system of my dream this will be a "life style". Everyone will learn the stuff in the school with the basics of reading and math, from their parents, and will add their own knowledge from watching their friends and others doing it uniquely.
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ZriiProsper Forums Member
Joined: 18 Dec 2009 Posts: 47
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#12 · Posted: 31 Jan 2010 12:25
yahia: ZriiProsper: nature of mlm comp plans you would be better off recruiting new people into the same system instead of having many people all on the first levels of multiple companies You are talking about binaries, right? The good companies don't use this model. It is also an unfair kind of plan and I don't expect any success for such companies. I know MLMs that have been around for over a decad and because of using this binary system they are still at the tail. It's just unfair. Not specifically Binaries... What company doesn't pay the team leader with the biggest downline the most money? Whether it's a binary or matrix or anything, it takes more people in the system to earn the higher payouts. I suppose if the company pays mostly on start-up commissions then you're right, but quite honestly who wants to beat the streets for the rest of time finding new people??
The beauty of MLM is that you can work hard for a few months to a year - build a nice team, teach them how to build their own nice teams, earn a good check, spend some of it on broader advertising campaigns and get leads, give those leads to the newer folks, rinse and repeat. Increase advertising spending and lead distribution with monthly check increases. Spread some bonus money with top team leaders. Then perhaps as you've branded yourself at the helm of a strong, successful downline you might take on one or two prospects a year as projects for yourself in creating new leaders.
Please tell me what is unfair about that business model and tell me how it would not and does not work?
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yahia Forums Member
Joined: 8 Oct 2006 Posts: 220
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#13 · Posted: 3 Feb 2010 12:55 · Edited by: yahia
ZriiProsper: Please tell me what is unfair about that business model and tell me how it would not and does not work? What is unfair about a binary is exactly how you discribed it. The one at the top gets bonuses and advantages just for being at the top. No matter how they helped their downline.
What's unfair is that your upline helps those who appeal to them and neglect those who might differ in religion, ethnicity, language, location ... whatever their stupid reasons are.
Leaders are different though. Leaders train their downline on how to do it themselves. They see their success they way it should be; as their own.
But
This is all out of the context of this thread. You can start another thread about different MLM plans or whatever you wish to categorize it.
This thread is about a life style, a system that people get into it the same way as they get into the education, employment, health, or retirement systems.
It's about a community that only accepts this form of promotion, the word of mouth.
No more misleading ads, no more scams, no more illegal schemes, and no more money wasted on celebrities and stupid propaganda and directed to improve the products instead.
Read my posts, at no point did I promote a certain plan or a company (not even in my signature). I promote my dream of integrating multilevel marketing training into the education system, and practicing it as a life style.
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aloevera Forums Member
Joined: 11 Feb 2010 Posts: 7
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#14 · Posted: 9 Mar 2010 20:52
I totally agree:
yahia: MLM as a life style means that when you need to buy anything, you first search for a source that utilizes MLM as a method of marketing. I've been involved with MLM firm for few years now. It is a business, and like any other business - if you respect your business, then business respects you. The same with MLM. However, in addition being a business - it develops a special kind of awareness that is always present in your mind - something like a predator looking for a pray with the difference where you actually don't kill the pray but you open the light for the new person and you take him across the road and you introduce this new world becomeing new lifestyle for them.
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michaelcole Forums Member
Joined: 6 Mar 2010 Posts: 16
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#15 · Posted: 10 Mar 2010 10:16
I don't want to rain on the parade but one thing you might want to do is consult your MLM's Policies and Procedures .
The MLM's I've looked at have a clause saying you might be terminated if you promote another MLM's opportunity or product to anyone in your company, in your down-line or not.
Of course with over 3,000 MLM's to choose from you may be able to work sonething out with a few of them.
As for myself I prefer to focus my energy in one direction.
Not long ago I read that Harvard Business School hired an instructor to teach MLM as a class.
Unfortunatly on review the administration would not let the class be taught as laid out.
They said it was too controversial a topic at that time.
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drunyan Forums Member
Joined: 19 Mar 2010 Posts: 49
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#16 · Posted: 19 Mar 2010 17:04
MLM is definitely the way to go. You just need to know the right way to go. Rather than selling a product, you need to be marketing your company. That way you get the recruits, who get recruits, who get recruits, and so on. When all we do is sell our products and sign up distributors, we end up having to sign up more and more people because they get frustrated and drop out. If they know how to market the products, they will have a much better chance of staying in business.
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BruceMiles Forums Member
Joined: 9 Mar 2010 Posts: 48
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#17 · Posted: 26 Mar 2010 05:07
Superb post! Thanks for sharing.
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Mike McClurg Forums Member
Joined: 1 Mar 2010 Posts: 30
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#18 · Posted: 24 Apr 2010 10:29
Yahia,
Fantastic concept of purchasing you needs and can help this industry as well
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gingerva Guest
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#19 · Posted: 30 Apr 2010 18:32
Hey love the idea. I heard a MLM Guru state that all the world's problems would be solved if we were all in someone's downline....interesting concept.
Think about it! We would all be helping each other succeed.
Ginger Hogue
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BruceMiles Forums Member
Joined: 9 Mar 2010 Posts: 48
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#20 · Posted: 18 May 2010 07:52
Multi-Level Marketing. A sales system under which the salesperson receives a commission on his or her own sales and a smaller commission on the sales from each person he or she convinces to become a salesperson. I think MLM is the best source for making money. Multi-Level Marketing! A sales system under which the salesperson receives a commission on his or her own sales and a smaller commission on the sales from each person he or she convinces to become a salesperson.
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