Power of MLM
Many people join MLM companies but very few get to the top of the ladder. It’s understandable that many people who try network marketing fail so what’s the power of mlm and why do so many people get in.
One of the major powers of mlm, is that it allows people from all walks of life to get in to business, even if they are on a small budget.
There’s always a company that will allow someone to get in for a small fee. There are those companies that allow a representative to get started for a nominal fee.
MLM is also called network marketing. In this type of marketing a company builds a network of distributors who carry out it’s marketing.
This is another strength of network marketing, the ability to leverage the efforts of other people within the the organization to create an income.
But there’s also another power of mlm which is subtle for many. This is the power to inspire the people involved to be more confident, to want to grow beyond where they are physically, financially, and in many cases mentally.
The physical and financial growth are often quite obvious. Most people attending a mlm meeting will hear about the financial success of the leaders which becomes evident in the shows of living a life filled with physical amenities such as luxurious homes, freedom of travel, and cars.
However, many people also find that they undergo a mental change when they join an mlm. By learning to change their mindset they are able to achieve goals that they didn’t realize where possible. Meetings are not just about recruiting and selling products, leaders often teach about thought change.
It’s often said that birds of a feather flock together. Therefore to succeed most people joining an mlm need to change their mindset.
But changing one’s mindset is not an overnight phenomenon so reading and listening to works from or about successful business people is often recommended.
So, although many people believe the power of mlm is strictly in its promise of getting them the financial freedom they seek, network marketing’s power goes way beyond that to the change it inspires in people’s mentality.
Even if you have left the mlm company you were apart of chances are you may have expanded your knowledge of business or success principles.
For those of you still in an mlm company but looking for new ways of thinking about the way you approach your business, check out my article on attraction marketing.
The 4-Hour Workweek by Timothy Ferriss
To Your Business Success,