Is multi level marketing a legitimate home based business? Is network marketing an industry where you can really make money? Let’s discuss the options that you have if you’re looking to make an income from home, and discuss what to avoid.
First, realize that network marketing/multi level marketing/mlm IS a real industry. There are hundreds of companies, many of which have been around for decades. HOWEVER, many traditional mlm companies will require you to show presentations, sell products, make cold calls, and more to create a team and/or an income.
Many people become involved in network marketing because they want to work from home. They want to be able to come home after work and build something that is going to create them a residual income. While this is definitely possible, many people also don’t want to have to waste time driving to appointments and attending seminars.
Many stay-at-home moms want to be productive while the kids are at school during the day, so they search for a home based business opportunity. However, because of the above requirements, it makes it difficult for them to grow an mlm company during the day because many of the people they want to network with will be working during those hours.
So, in my opinion, when you’re looking for a network marketing company to join… and you want it to be truly a HOME BASED business… here are a few things you should look for:
1.) Make sure that the mlm company has automated systems in place. What I mean by this is make sure that the network marketing company has personalized websites for their reps that capture prospects information (name, email, phone number), share the info on the comp plan and products, and can sign up new distributors on the spot. This eliminates the need for you to spend hours driving to and from meetings. This also eliminates the need for YOU to spend YOUR time showing presentations and selling. Your prospective partners and customers can get the information at any time that they want because it’s available on your personalized website.
2.) Make sure that the mlm company allows their reps to advertise. When you learn a few techniques that will drive traffic to your personalized website, you can create endless leads for your business and profit 24/7 because your automated system and advertising is doing much of the work for you.
These are 2 BIG factors to determine if the mlm company is TRULY a home based business or if you’re going to be spending a lot of time showing presentations and going to weekly meetings.