Wednesday, February 2, 2011

What is MLM?

I've been absent for awhile.  From the date of my last post, it looks like it's been quite a while.  The past few months were not good ones.  An accident, the death of a close family member, illness - you name it and I've probably experienced it.  I'm not going to bore you with all of the details.  Let's just say that it was enough to cause me to cocoon for a while.  Thankfully, I had discovered MLM so at least I was able to keep earning a living while I curled up in my home and licked my wounds.

What is MLM?  It is is a marketing technique in which you are compensated not only for sales you personally generate, but also for the sales of others you recruit, creating a downline of distributors under you.  You not only get paid for the sales you make, but you alos receive a percentage of sales of all those distributors below you - your downline.   You may have also heard MLM referred to as network marketing.

Because I have been involved in MLM for a number of years, I have built a large enough business that I could afford to take some time away and still make an income.  Thankfully, my downline was still working, selling, building their businesses.  And when I explained to them what was going on in my life and why I was taking some time off, they were able to step up and keep the team going.  So I was able to simply keep in touch with my team, ensuring they were getting the training and encouragement they needed but I did not actually have to generate any new sales or recruit new business partners.  I was able to take the time I needed to do just what was necessary and focus on my family and myself instead of worrying about building my business.

Now you can't sign up in MLM, recruit a few people and then sit back and let them do all the work while you collect the rewards.  First, that's just not right.  Second, your team will soon become discouraged if you aren't setting an example for them to follow.  And third, if you don't put some effort into your business, it will never reach it's full potential.  But MLM is a business model that will allow you to take some time off for emergencies and still earn some income.  When is the last time you got to take a 6 month vacation from your job and still get a paycheck?

There are many MLM opportunities out there.  Most are legitimate.  Some are not.  Many provide wonderful opportunities to earn a good living.  Some are better than others.  If you are a regular reader of this blog then you know that I am an independent representative for Fortune Hi-Tech Marketing.  I have been involved with several different MLM companies through the years and so far, FHTM is the best of the bunch, in my opinion. 

I'm back at work now and ready to once again be fully active in building my business.  That means I'll be actively seeking new partners and new customers.  Could you be one of them?  Is MLM for you?  Find out at www.fhtmus.com/wealthtogether
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