Thoughts on Network/Multi-level Marketing for Automation

[andyincali]

I have recently been exposed to the world of multi-level marketing as a way of automating income, and I must say that it is not a bad way to go if you pick the right organization. Trump and Kioyaski endorse it, and even Buffet recently got involved with the Pampered Chef. The beauty that I see in it is the low entry point, and the proven system for those who apply themselves to build a team that will work for you to generate passive income. Love to hear what other think, especially Tim! Network Matketing Example (http://iamvoipfortune.blogspot.com)

[Hickret]

I have a very good friend who is involved with the Vema energy drink and is very successful at it. He was involved at the early stages of the business and that may be why, but I don't know for certain.

[TimW]

I, too, have a good friend doing well with Vemma, and another friend doing VERY well with it. But don't kid yourselves...MLMs are not just about sitting back and waiting for checks.

The biggest mistake I think folks make is that they're selling a product. They're not. They're in the business of hiring and managing people...specifically, the people they recruit to sell product, I mean, recruit and manage the people below them, etc.

If you don't look at this as a people business, not a product business, it very likely won't be the success you think it will.

TimW
Phoenix

[webgal]

Love to hear what other think, especially Tim!

<grin> A personal shout! And the man has answered. (He has no idea that he knows so much you guys.)

[TimW]

<Deniro> You talking to me? </Deniro>

Webgal, I am confident when I say I don't think I am the Tim he is referring to.... :D

TimW
Phoenix

[webgal]

<grin> No? But who had the answer?

[intrepidtraveler]

I've dabbled with a MLM program for a product I believe in. I was able to build a significant downline very quickly using email marketing, but virtually no one in it is active anymore.

I keep telling myself I'll resuscitate it one of these days, but . . . :rolleyes:

This is a business that requires constant effort and constant recruiting (since you have to know going in that many will fall by the wayside).

Now I suppose it's possible to give 110% for a year or two and build a downline you can essentially walk away from that will continue spitting out money for years to come. But I think the people with that kind of stick-to-it-iveness are really the people who are addicted to the MLM process and the concept of mini-retirements is foreign to them.

For me the big disconnect in MLM is between the product/benefit side of the business (which is customer-oriented and customer-driven) and the compensation plan (which is all about YOU and which is inevitably utterly incomprehensible to all but the MLM true believers). For serial MLM-ers (and they seem to be legion) the product is almost beside the point; it's all about chasing some illusive payday down the road.

[italian_job]

ciao

online network marketing is one of the techniques I use to build a passive income check.

Compared to the efforts I have put in, I think that infoproducts can give a better ROI (if you have the skills to make the "clickbank-PPC" system work).

I do have a few active distributors, but my royalty check rarely goes over USD 2,000 a month. Which might be good for some, but it does not reflect the amount of effort I put in.

The reason? the system I have used is NOT duplicable.

Network marketing is all about duplication: it is not about retailing like crazy. It is about retailing a bit, and teaching many people simple and easy (OFFLINE) methods to retail themselves.

And repeat the process ad nauseam (let me show off a little bit of Latin, since I am Italian)

ciao


======================================

Want to sell INFO-PRODUCTS online?

www.JamesBradley.info

======================================

[FreedomBuilder]

I have recently been exposed to the world of multi-level marketing as a way of automating income, and I must say that it is not a bad way to go if you pick the right organization. Trump and Kioyaski endorse it, and even Buffet recently got involved with the Pampered Chef. The beauty that I see in it is the low entry point, and the proven system for those who apply themselves to build a team that will work for you to generate passive income. Love to hear what other think, especially Tim! Network Matketing Example (http://iamvoipfortune.blogspot.com)

Presumably you are addressing Timothy Ferriss, andy? I wasn't aware of him even being in NM/MLM, and if I'm wrong on that could someone tell me what company he is with?

If he's not actually in *any* company, then I'd advise you to not seek his advice anyway, because how can someone *honestly* speak about *anything* they have not *directly* experienced?

Here are my " Thoughts on Network/Multi-level Marketing for Automation":

You will never find an automated income in NM/MLM. At least not as a distributor. Feasibly you *may* as an owner but even then I think you'll have a tough time.

Basically, the only true source of "automated" income is interest paid on savings, assets and investments. Period. As pretty accurately defined by Kiyosaki (as you know) with his Cash Flow Quandrants.

Everything else is going to take *some* work, and more likely A LOT of work (yep, a lot more than "4-Hours-a-week"!).

But NM/MLM IS useful *as a tool* for learning about yourself, training in being (somewhat of a) business "owner", and perhaps making a bit of money whilst doing it (which is why, and how, I advocate it), but given the state of the "industry" and today's marketplace, your best efforts will be deployed in branding yourself and your own marketing system, and selling the retail tools every current NM/MLMer needs, which are training & leads.


James

[TimW]

There's a rule about "no selling" on this board. But nothing would preclude you, Freedom Builder, from just giving it away here.

Right Mods?

<going to get some popcorn....>

[FreedomBuilder]

There's a rule about "no selling" on this board. But nothing would preclude you, Freedom Builder, from just giving it away here.

Right Mods?

<going to get some popcorn....>

It's ALL "selling" Tim.

As you post your "good quality content" into this forum, and build your "status" (and "reputation" and "credibility") into "Senior Member" etc., you "sell" yourself to those readers as, presumably, someone who is prolific and an "authority" on many things 4-hour-work-week related.

<going to eat an organic apple....>

[webgal]

I would suggest Freedom, that you drop the condescending remarks. You've added very little value here so far other than a bunch of affiliate links and invitations to your profit base.

[TimW]

If you can point to a post I've made on this website that directs someone to an affiliate link of mine (hint, I am not an affiliate for anything) or link to a product I sell that is directly or indirectly applicable to muse building, SEO, PPC, ABC, XYZ or anything else that's 4HWW related, I will publicly apologize for ever commenting on your actions here.

[Marcie]

Presumably you are addressing Timothy Ferriss, andy? I wasn't aware of him even being in NM/MLM, and if I'm wrong on that could someone tell me what company he is with?

If he's not actually in *any* company, then I'd advise you to not seek his advice anyway, because how can someone *honestly* speak about *anything* they have not *directly* experienced?



Indeed, Tim is not involved in any MLM (that I know of) and I know he doesn't want anyone recruiting people into them, not here, anyway. I'm not even sure this thread really goes along with the 4HWW "spirit" altogether. That said, there are a lot of companies (like Pampered Chef for one) that are technically MLM but not the kind that leave people holding the bag at some point in the game. Rule of thumb is, if there is a big price to join, buyer beware, if it sounds too good to be true, probably is, all that good advice you've heard before. Let's keep things on-topic, and work on building legitimate muses. Thanks!~Marcie

[matt givot]

Just a thought people but there are no MLM companies, only companies that use network marketing as a distribution channel. Not looking to spam or promote my business so for this example I will leave the name of the business out. I work for a tier 1 technology company not a MLM company. This Company offers people a way to save money on something they are already spending money on. It also competes with all others in its field in price and quality. Direct marketing is the distribution channel for this company. therefore I work for the technology company. With that being said I have been able to enjoy my mini retirement and travel the world. Thanks to my business, not a MLM company.

If you want to know more then just email (mailto:getstarted@iamvoip.com) me

[Hickret]

I have been looking into several businesses using network marketing and actually met with a few very successful people. They all told me basically the same thing; it's not a quick thing, it takes time to build a good income level that could replace your current job