Next Item: Business Opportunity Leads…You Know About Google Toolbar For Monitoring SEO?
Previous item: Why Should You Avoid This With Your Business Opportunity Leads?
Back to the Front Page

Jun 19 2008

Business Opportunity Leads…What Exactly Is MLM And How Does It Work?

Most people who get involved with a home internet business (especially for the first time) usually get involved with an MLM! MLM stands for multilevel network marketing. Getting business opportunity leads are almost impossible for these types of businesses and I would not recommend you get into one unless you really know what your are doing. I do want to explain what they are and how they work!

First off, I have been involved with a number of these types of businesses. With MLM, it is not just about sales but about getting people to sign up under you in your matrix. A matrix is really a mathematical formula in which you would sign up (for example) two people and place them in what are called “legs”. Under these two “legs” or people would be two more legs for each. This would give you four positions and this would be the beginning of the matrix for each of them! In other words, 2 becomes 4, 4 becomes 8, 8 becomes 16, 16 becomes 32, and so on. This is the same for anyone who comes into that business. The idea here is that your business matrix would grow exponentially. Matrixes vary from company to company!

Every MLM company is different in the way they pay out but usually the money comes from the sale of the products. In other words, you need to purchase product to keep your business intact. Bonuses and “levels” are usually obtained to get you into higher payouts. This is always related to how many people are signed up under you in your specific matrix. Again, payout plans vary from business to business.

Okay, as stated, payouts are based on how many people are in your organization. When I say “organization”, I am talking also about what the people under you in “your” matrix have done.

This is key and what makes MLM alluring. Residual income can be obtained for you “yourself” based on what other people do in your organization! The more they achieve, the more “you” achieve!

You might hear the word “reciprocal” from time to time. What is reciprocal or…what can be called the “law of reciprocity”? Reciprocity is in reality, the “Golden Rule”. Biblically speaking, “Do unto others as you would have others do unto you”. Translate this into money or specifically MLM and I believe you could just use the term “duplicate”.

In other words, you build your organization and those in it would duplicate what you are doing. You then earn residual income based on what everyone else is doing. This could translate into a very handsome income.

You might be confused as to why I use the terms “residual” and “reciprocal”. I have heard both of these words thrown out there when it comes to MLM. Residual describes an ongoing streaming payout of
money for past accomplishments where as reciprocal is the basis of MLM as you are teaching and hoping those under you in your organization are “duplicating” your efforts!

Making others successful makes you successful! While they are attractive when you first get in, many of these businesses fail because of that duplication factor or lack thereof. Getting good quality business opportunity leads for MLM is also very difficult…unless you use SEO. But that is another story!

[?]
Share This

No responses yet

Trackback URI | Comments RSS

Leave a Reply

Next Item: Business Opportunity Leads…You Know About Google Toolbar For Monitoring SEO?
Previous item: Why Should You Avoid This With Your Business Opportunity Leads?
Back to the Front Page
eXTReMe Tracker
Close
E-mail It
[Close It]
Michael Hall Make $200-$400 A Day

I Am So Confident

You Will Make Money Here

That:

I Will Buy You In

Get Paid Daily - 100% Commissions

>> WTF Cash Network <<