Advocate for Empowerment

"He who knows and knows not he knows, he is asleep. Awaken him." Kahlil Gibran

www.AnyaaHredulla.com

Other Life Reflections

Perhaps “profession” isn’t the term you would use in relation to Multi Level Marketing since it has had a somewhat shady reputation for many years. In the past, it tended to be associated with slick salesmen who manipulate people into buying large quantities of product which ended up in their basement or garage for the next umpteen years. This perception was mostly due to a few bad apples, but is no longer the case as many large reputable companies offer quality products and services.

Unscrupulous pyramid schemes further damaged the reputation of this misunderstood industry. Unfortunately, many people are still confused and think all MLMs are pyramids. To set the record straight, the easiest way to determine whether you’re involved in a pyramid or a legitimate MLM business is to ascertain whether you have an opportunity to make more money than your sponsor (through your own efforts, of course). If you can, then it is NOT a pyramid.

Now that we have that out of the way, why would I say I’m proud to be part of the MLM profession if it has a perceived “bad” image? Let’s begin by looking more closely at the quote above which prompted me to write this article. It may be difficult to understand what is meant if you haven’t read "The Science of Getting Rich", but I’ll try to explain. 

Wally ascertains that for riches to come to you, in all your business dealings you must give more in “use value” than the person pays in “cash value”. To illustrate, he gives the example of a painting by a great artist worth many thousands of dollars in developed society. If he convinces a Baffin Bay native dweller to exchange the painting for a bundle of furs worth $500, it would be wrong simply because the picture would have no use value to the recipient. But if the furs were exchanged for a gun worth $100, then it would be a good bargain because the gun could be used to obtain more furs and food so it would have a high use value.

The same applies to a book. The paper and ink may not be worth the money you pay for it, but if the ideas presented in it enable you to make many thousands of dollars, then you have not been wronged by the bookseller. You have received greater use value for a small cash value.

To see how this applies to the MLM profession, let’s look at some features of Multi Level Marketing. 

What to sell?
In order to start your own business, you have to have a product or a service to sell. Unless you have a passion or special talent, where would you begin to find something? Even when you found it, without some research, you wouldn't know whether it would sell or not and people have lost their shirt on "good" ideas. An MLM company already has products or services with a proven sales record (I would hope) so you don't have to go searching.

Start-up Cost
Then there’s the start-up cost which is incredibly low for a MLM compared to the cost of opening any other type of business. Anyone who has ever aspired to be their own boss and has undertaken this venture will attest to it. In most cases we’re talking hundreds of dollars (often less) for a MLM business compared to thousands to start from scratch - and many thousands at that! 

Time and Effort
Next we have flexibility. When you become involved with a MLM company, you have the option to work as many or as few hours as you wish. You can work it on a part-time or full-time basis - the choice is yours. How many other self-employed people are able to do that? If you start your own business, the chances of working even an eight-hour day are practically nil. With MLM you have the opportunity to build your business at your own pace while still drawing a pay cheque from a traditional JOB – that stands for “Just Over Broke”!

Marketing Costs
One of the biggest expenses when you start your own business is marketing. There’s no point in opening the doors if nobody knows you’re there! With a MLM business, many of the marketing tools are already in place. Nowadays, the parent company often provides a replicated website where you can refer prospects. That alone would be a huge expense if you didn’t have the skills to create one yourself. Brochures, business cards, and other printing expenses really add up too, especially the 
design, but are more than likely available from through the MLM company.

Training
Add to these benefits the existence of MLM “winners” who are usually eager and willing to educate newbies amenable to following instructions. There’s always someone who has already succeeded in the MLM company and, if you get onto the right team, the possibility of learning the trade from an expert is a huge bonus. You may not have any skills or know the first thing about the product or service when you join, but if you follow instructions well and take it seriously, many 
successful individuals are willing to show you the ropes. You just have to be coachable.

Financial Benefits
If that’s not enough, there are many financial benefits. A really big one is that all your business- related expenses are tax write-offs when you operate your own MLM business. Plus… you are creating passive income – the very best type of income. If you’re in the business of selling cars, once you’ve sold to one person the chances of them returning to buy another one within two or three years is very slim. But when you have a MLM business, you will continue to receive a portion of the profit from sales to the people you enrol for as long as you’re in the company. Many MLM businesses are also willable if anything should ever happen to you. That’s income at its best!

What other business can offer as many benefits as this? Who wouldn’t be happy and PROUD to recommend MLM to family and friends, or even strangers? You are offering them an opportunity to change their entire life with the possibility of creating real wealth through their own efforts! 

That’s what I call huge “use value” for a low “cash value” and, according to Wallace D. Wattles, that’s how riches come to you. Isn’t it worth getting involved in a MLM?

No wonder I’m PROUD to be in this profession! Wouldn’t you be?