If you want to work a bunch of Internet marketers into a frenzy, just bring up MLM, or multilevel marketing. MLM is a popular business model these days, and you don’t have to go too far in any direction to find someone trying to persuade you to join them in their MLM enterprise. They’ll tell you that you can “be your own boss” or “write your own ticket” or that you can just out and out become rich if you join them in their MLM system.
It’s true that there are a number of people who have become financially comfortable through MLM. It’s also true that there are lots of people, and far more of them, truth be told, that have lost a lot of money by investing in an MLM scheme. Surely the truth about multilevel marketing must lie somewhere in the middle, right? Yet, aside from those who have become wealthy, few people have anything good to say about MLM. Why is that?
If you’re interested in trying to work online from home, you might be wondering how best to go about it. There are many ways to make money online, and if you do a bit of research into the possible ways of doing so, you’ll likely encounter multilevel marketing, or MLM as it’s often known in the business. While multilevel marketing certainly has its appeal, you really need to understand what you’re getting into if you’re trying to make money online via MLM.
What’s the problem with multilevel marketing? There’s nothing inherently wrong with the business model; it was created to give participants added incentive to work hard. If you work hard in multilevel marketing, you’ll earn money. If you work harder, by helping other people make money with it, you’ll make even more money. The idea is for you to not only participate, but to encourage others to participate and to help them make money. The more of that you do, the more money you’ll make. Then it snowballs from there, and before you know it, you’re rich!