Wednesday, November 14, 2012

Ok, Honestly, You Won't Make Money...

So, I'm out building my business (aka prospecting). I get leads from all types of places now-a-days, but no matter where I get them or who they are, I always get the same question from them:

"Am I going to make any money from this?"

When I joined my first MLM a year and some change ago, my recruiter told me "Sure! Heck, I make about a million!" I thought she was just talking out of the side of her neck, trying to get me to sign up with her. I found out that she was, in fact, telling the truth. She and her husband were (and most likely still are) one of the highest paid people in that business. That wasn't the first time that the big earners tried to recruit me, either.

Anyway, back to the point of this post.  MLMers and Internet Marketers are always trying to quote the statistics of people who don't make money online or make money in their programs; e.g "Did you know that only 92% if people actually make money?!" and "Be apart of that 8% that are actually successful online," and so on... Well, did you know that Abraham Lincoln said that "67% of all quoted statistics are actually made up". Yea, think about.

When it comes to any think in the "Make Money Online" arena, one must first do a little bit of research. Most MLM companies will provide a chart that outlines how much of their promoters make. Here's a chart from my old company: http://www.teambeachbody.com/incomechart.pdf

If you notice that the average earnings are about $3,000 a year. Out of all the coaches, that figure maybe includes those who use the bizopp to get discounts on products (According to the PDF, fewer than 15% actually use it as a bizopp).  Of those who actually run it ask a business, we got from the lowly $7 to a very lofty $1.5 million. What a jump!

Ok, now to answer that question. YES!  You can make money. It says so in black and white.  Now, you may not as much as the gurus say you can. But, who wants to make $7 measly bucks!  MLM, Network Marketing or whatever you choose to call it is like every other business. You have to work at it. Call folks, hold parties, advertise and more. Business isn't just going to fall in your lap. If it did, everyone would be rich!


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