BUSINESS NOT A HOBBY
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Duplicating the system of others is much quicker and more effective than going through your own untested system.
One reason MLM business is unique is because the model for working within an MLM business is already stamped out with a specific system to follow.
Legitimate MLM companies have high quality products or services, a solid management personal, and years of proven and tested success all systematically arranged.
Because of this strong systems, MLM has been highly successful as a business model.
This highly organized system offers entrepreneurs and people who want to start up their own business a great opportunity to break into business for themselves without the whole risk and hassles involved with other businesses.
90% of traditional businesses fail within their 1st year of establishment.
5% more fail within 5 years.
Only 5% survive after 5 years and less than 5% after 10 years.
That's alot of risk looking at the uncertainty and the high start up capital involved.
In MLM however you have the least minimal risk involved and an opportunity to start low and end BIG.
BUT THEN...
While MLM promises to be a very lucrative and unique it is still a business and must be treated as such.
Perhaps because of it's simplicity many people who fail in MLM are those who treat it as a Hobby rather than a business
They come in this month and jump out the next one and tell everyone how it doesn't work.
The problem is not the business but the person running it (and that's usually the risk)
Wether you decide you do it partime or fulltime You have to devote your time partly or fully in a regular pattern to it.
Businesses are conducted in a regular and systematic manners ; hobbies are not.
MLM is a business. Treat as one.
Here are a few rules to the game
#1. Run your business like a business not an hobby. (if you need a Hobby go swimming)
#2. Develop a business plan
#3. Devote regular time to it
#4. Learn all you can about your business. (you don't have to know everything, just a little more than your neighbor)
#5. Give it time. (2 -5 years)..
#5. Follow the SYSTEM
For entrepreneurs looking to start small and finish BIG. MLM is your perfect match.
To the rest of the world, this is BUSINESS
Best of all it can be your PLAN B.
For some of us it's PLAN A
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