Internet MLM Secret - Free Ezine Newsletter

Revealed: How To Explode Your MLM Downline…ON And OFF The Internet!

Archive for August, 2007

Passive Income is the KEY to Leaving The Rat Race

Have you ever thought of leaving the rat race behind?

Aren’t you tired of running the rat race day in and day out while you still have to pay bills, expenses, provide for your family, as well as live a healthy and exciting life?

In the United States alone, there are still hundreds of thousands of people who are living paycheck to paycheck for many reasons. They may have a large family that they can’t branch out on their own or they are simply afraid of getting started with something else.

Problems with Running the Rat Race

The main problem, though, with living paycheck to paycheck is that you get yourself stuck in a rut that you can’t get out of. Living as an employee of someone else, which means living paycheck to paycheck, continues a vicious cycle of working and paying your bills and then repeating the cycle because you can never earn more than what you’re making now.

What You can Do!

Fortunately, there are some solutions to help you out. Instead of simply exchanging your time for money day in and day out, which is what you do when you’re working for someone else, the real key to finding financial freedom is through obtaining a passive income source through which you will not only be able to get out of debt, but also enjoy a happier life. Studies have shown that when people are financially secure they are healthier, happier, and lead an overall more productive lifestyle.

Creating a Passive Income Stream!

If you want get out of the rat race then the first thing that should be done is to get involved with a passive income source.

This can be any number of things, ranging from owning a business to setting up your own MLM business.

Owning a business will allow other people to make money and a constant revenue stream for you. An example of this is owning a restaurant or even another store.

In the same way, however MLM opportunities act as your personal passive income source. As soon as you market the opportunity you have before you then you are able to create an unlimited number of potential “employees” to do the work for you and have your revenue stream continue even while you’re sleeping!

If you truly desire to get out of the rat race and to have the freedom that you desire, finding those multiple passive income sources is definitely what you need to do in order to bring wealth, happiness, and health to your life and family!

Claim Your Free ‘Internet MLM Secret’ Ezine Newsletter
($97/mo. Value) Via Email Two Or Three Times Weekly
Plus…get an Exclusive Special Report, “Who Else Wants To Leverage
On The Global Internet Network Marketing Potential?”

First Name
Email

MLM or network marketing is like running…

Ever participated in a long-distance run? 10 km, 20 km or even a marathon which is 42.195 km?

Can you start running very fast as if you’re sprinting 100 meters?

Of course not! Because you will tire out after several hundred meters…

If you have not run long distance before, how would you approach it?

Here are 7 tips which you can apply to long distance running as much as you can apply to MLM or network marketing:

Tip No. 1 - Take time to learn the basic skills

Believe it or not, you need to learn how to run!

Many years ago, while training for my first marathon, an ex-colleague insisted on running his way, pounding heavily each time he land on his feet. He didn’t heed my advice. On race day, he was the only one who could not complete the race.

You need to learn how to run, what shoes to put on, how to run uphill, etc.

Likewise, in MLM or network marketing, whether you’re doing in online or offline, you need to learn the basic people skills like prospecting, sharing, follow-up, closing, etc before you can become effective.

Tip No. 2 - Be patient with yourself

In training for a long-distance run, you have to allow yourself time to prepare for the race. The longer the run, the more time you need. Typically, I would train for at least 6 months before I run a marathon.

Similarly, in MLM or network marketing, it is absolutely normal to take 3 to 5 years to succeed by building up an enormous leverage over time as your skills become increasingly better.

Tip No. 3 - Be persistent

While training for your long distance run, you have to train hard to increase your stamina and fitness. In MLM or network marketing, you need to expose your opportunity to as many people as possible whether you adopt the online or offline approach.

Tip No. 4 - Practice often to improve your skills

Usually, I put in 4 to 5 practice runs a week to prepare for a full marathon. Anything less will be ineffective towards a good race.

For my MLM or network marketing business, I practise sharing my opportunity with prospects as often as I can and I practically improve each time.

Tip No. 5 - Pacing is most important

As mentioned at the beginning of this article, it is not advisable to sprint during the long distance run except at the end if you still have the energy. It is recommended to pace yourself throughout the run with a certain timing in mind such as 5 or 6 minute per km depending on your fitness.

For your MLM or network marketing business, you would want to meet 2 to 3 people everyday if you’re doing it offline instead of squeezing in 6 to 8 appointments in one day, then not seeing anyone else for the next 3 days! One of my downlines did that before and she almost had a nervous breakdown.

Tip No. 6 - When you’re depressed, talk it out

There might be times that you’re sick of running. That’s the time when you need mutual support from other runners, preferably your partners who are training together for the race.

In MLM or network marketing, talk to your uplines when you’re depressed and feeling down. However, never never never talk to your downlines! You would influence them negatively and before you know it, you will lose your entire leg!

Tip No. 7 - Have an unshakable belief

You must believe without the shadow of a doubt that you can complete the race right from the first step that you take! It is truly a case of mind over matter.

It’s the same with your MLM or network marketing business. Without believing that you WILL surely succeed, you will stop taking action and will end in a negative spiral and soon lose your entire network. You need to believe in yourself, your company, your products and last but not least your team which will provide you with the impetus to take action consistently and work relentlessly towards that pot of gold at the end of the rainbow.

Claim Your Free ‘Internet MLM Secret’ Ezine Newsletter
($97/mo. Value) Via Email Two Or Three Times Weekly
Plus…get an Exclusive Special Report, “Who Else Wants To Leverage
On The Global Internet Network Marketing Potential?”

First Name
Email

Internet MLM Part 2: Understanding Internet MLM

This article attempts to explain what is Internet MLM.

Before I do that, let me first give you a quick overview of MLM…

An Overview Of MLM

Multi-level marketing or MLM - more popularly known as network marketing today - had been around for more than 50 years as at the time of writing in August 2007.

Amway, a pioneering MLM in the U.S. had contributed much to giving ordinary folks a business opportunity to achieve an ordinary life through network marketing. This would be clear after we go through the power of multiplication in the next few paragraphs.

In a nutshell, MLM is a method of distribution of products and services through word of mouth marketing. Distributors earn referral commissions via powerful compensation plans based not just on their own sales but also overriding commissions on the sales of distributors under them, popularly known as a downline.

Thus, it is possible for distributors to earn 5- or 6-figure monthly income due to the ‘doubling concept’ that Einstein dubbed the 8th wonder of the world. For example, if you sponsor 2 distributors and each of them sponsor 2 over time, your organization will grow exponentially:

First, you sponsor 2 new distributors, totaling 3 (including yourself) distributors

Now, each of your 2 new distributors sponsors 2 = 4 new distributors. You will have 4 + 3 = 7 distributors.

Next, each of the 4 new distributors sponsor 2 = 8 new distributors. You will have 8 + 7 = 15 distributors.

In short, it looks like this:

1 + 2 = 3

(2 x 2) + 3 = 7

(4 x 2) + 7 = 15

(8 x 2) + 15 = 31

(16 x 2) + 31 = 63

(32 x 2) + 63 = 127

(64 x 2) + 127 = 255

(128 x 2) + 255 = 511

(256 x 2) + 511 = 1,023

As you can see, in MLM, your organization can quickly multiply into thousands of distributors and just imagine if you take a small overriding commission of the sales of each distributor.

The Challenges of Traditional MLM

Traditionally, MLM is conducted through one-on-one meetings in fast food restaurants like MacDonald’s or Starbucks, business opportunity meetings, house parties, etc.

Although as you already understand the enormous income potential of MLM’s, it takes a lot of effort to overcome challenges like rejection, disbelief, skepticism, discouragement, failure, low self-esteem in order to achieve the promise at the end of the rainbow.

Basically, it requires a lot of persistence and perseverance from the distributors. Thus, it is not surprising that not everyone who joins an MLM business will succeed big time just as in any traditional business understanding whereby only a very small percentage of business owners would succeed.

Another big challenge faced by distributors is that they easily run out of their warm market meaning once they exhausted their limited circle of influence comprising their family, friends, colleagues and business contacts. And they do not know how to solve this problem.

Understanding Internet MLM

With the Internet becoming not just an information highway but evolving into a medium of communication as well as marketing, MLM companies and distributors began to explore the use of the Internet to run their business.

The promise of the Internet – due to its borderless nature and the huge number of people that otherwise cannot be reached – has attracted a new brand of MLM’s to evolve..

The combined leverage of the numbers of the Internet and the multiplication effect of MLM is too good to ignore!

Besides MLM companies that run their business totally via the Internet, there are many that utilizes the Internet as a way to capture leads and then following up with the lead to sponsor them in the traditional way.

>>> Click here if you have a question on Internet MLM <<<

Internet MLM Part 1: 7 Benefits Of Internet MLM

The Internet is revolutionizing multi-level marketing or MLM.

Traditionally, MLM is done in a person-to-person manner through one-on-one meetings in fast food restaurants like MacDonald’s or Starbucks, business opportunity meetings, house parties, etc.

With the advent of the Internet in the last decade, Internet-savvy MLM companies began to bring their companies online. And new companies are being formed that conduct their network marketing business solely through the Internet.

What makes the Internet so attractive for MLM’s?

Here are 7 BENEFITS that draw MLM’s as well as network marketers to increasingly use the Internet for their business either solely or on a partial basis:

Benefit #1 – The Power of Many

More and more people are getting onto the Internet everyday and the Internet population is expected to reach approximately 2 billion users by 2010.

Thus, using the Internet, we can reach a huge number of people that we ordinarily cannot access in our life.

Benefit #2 – The Reach of the Internet

The Internet is borderless and you can reach people in many other countries without having to travel there physically which can be costly and time-consuming.

Additionally, an MLM company does not even need to set up a regional office in the countries that you want to do business in except where there are legal and/or health issues, etc.

Benefit #3 – Leveraging on Technology

With the advent of the Web, it is easy to use not just text, but pictures, audios and videos to share your MLM business opportunity with prospective distributors who might be looking for home based business opportunities.

Benefit #4 – Internet Provides a Rejection-free Medium

Although the Internet is a just medium for communication and marketing and NOT a magic pill, Internet MLM companies and/or Internet network marketers can employ the principles of direct response marketing.

Instead of chasing after the prospects, now you can easily position yourself and allow your prospects to raise their hands. Thus, there is no rejection which is faced by network marketers in traditional MLM’s.

Benefit #5 - Most of the activities can be automated!

Instead of having to conduct the typical network marketing activities like prospecting, presenting, follow up manually, these same activities can be fully automated using software, tools and resources on the Internet.

The only activities that cannot be automated are those that require a human touch like answering queries and handling objections.

Benefit #6 - Your MLM business can run 24 hours

In a traditional MLM, you can only work your MLM business during waking hours wherever you are. However, in an Internet MLM, you can literally have your business up and running 24 hours per day!

For instance, you can have a sales page that present your business for you on a 24 hr X 7 day basis. It can present 100 times or even 1,000 times a day on your behalf whereas you can typically present only 3 to 5 times a day in a traditional MLM.

Benefit #7 – Low Operating Cost

Traditional MLM’s can be costly to run. Let’s face it – your success depends a lot on how many prospects you meet and share your business. If you meet three prospects a day offline, your expenses can add up quickly in a month.

In contrast, there are many ways to bring either free visitors or at a low cost to your Internet MLM business web sites.

>>>  Click here if you have a question on Internet MLM  <<<

Is MLM or Network Marketing A Scam?

This topic, I believe, has been debated countless number of times, through the last five decades since its conception.

So then, why do I want to discuss this? I’ll get to that in a minute…

First, let’s see why do people think that MLM is a scam. Could these be some possible reasons?

- it’s a pyramid and it’s illegal
- only the people at the top make all the money
- you have to make a financial investment
- there’s no guarantee to earn back
- very few people make money, only few succeed

Really, that’s just a handful that I remember hearing or reading about as I write this.

Now, instead of debunking the myths in a usual manner, let me tell you what caused you to be reading this right:

As I woke up to a brand new day this morning, I reflected upon life itself and realize that there’s absolutely NO guarantee!

I’m not saying this to scare you but the truth is that you might not be reading this if I had not awaken once again to live this day and…wrote this article. One day when I was teaching a computer class, we all had a good laugh when we realized that in life, there are ONLY four guarantees:

- life
- death
- taxes
- computer virus (that’s what we figured out that day!)

Thinking back many years, I was fortunate to attend school with many other fortunate children. (Why I said ‘fortunate’ as I realized that some children NEVER had the chance.) The point here really is: We all started the same.

But now, a few decades later, two of my closest friends have passed away in their twenties and thirties. One of them become a very successful businessman. A few held positions of CEO’s and top management positions. However, a few had become broke and even bankrupt though they were the one’s who excelled in school. And the majority merely held on to their jobs for as long as they can…

It is therefore clear that in life itself, we all take different paths and there’s really NO guarantee of our success and failure, not to mention we have absolutely no control of how long we’ll be on this planet.

Many people joined the same company but ended up at different rungs of the corporate ladder with few ever get promoted all the way to become CEO’s. Many people started their traditional small or big businesses but very few made it to be publicly listed or the Fortune 500. Many people got married with a lot of expectancy on their wedding day but things worked out totally different from what they expected…

So, the BIG question is: Is LIFE a scam?

You may or may not agree with me that MLM or network marketing is a brilliant system of distributing products and services with a powerful compensation plan to reward those who work hard at referring others to use them.

Thus, in my opinion, there’s absolutely no surprise that ONLY few, as in traditional business or even the corporate sector, will ever rise up to earn the highly coveted 6 or even 7-figure incomes that MLM or network marketing promises.

After all, if MLM is not a get-rich-quick scheme, why should everyone succeed - as in life - just by joining an MLM or network marketing business?

My friend, there are visually impaired, some hard of hearing, some still schooling, some who should have retired, some who couldn’t retire - all in my own network. At least I know that MLM or network marketing give them another chance - a second chance in life. To learn, to grow, to excel or even just to win in the game called ‘life’ that they have not given up.

Claim Your Free ‘Internet MLM Secret’ Ezine Newsletter
($97/mo. Value) Via Email Two Or Three Times Weekly
Plus…get an Exclusive Special Report, “Who Else Wants To Leverage
On The Global Internet Network Marketing Potential?”

First Name
Email