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Waltmorey
Pinellas Park, Florida, United States
I founded Core Business Solutions with the goal of helping business owners improve operating results, add value, and recapture the energy and passion that was present when the business was new. We also have the expertise to assist start-up companies create the foundational structure needed to provide the best opportunity for the business to grow and prosper in uncertain economic times. Our goal is to help the business entrepreneur/owner, through mentoring and coaching, develop or enhance managerial skills while providing that independent and objective advice and expertise usually provided by a board of directors.
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Saturday, February 5, 2011

Why Are People Skeptical About Network Marketing?,

Network marketing, which is also known as MLM has gotten a bad reputation in years past. This is due to so many people believing the myths about this type of business, which is what makes them skeptical to start this type of business.

There are many reasons why they are skeptical, but the main reasons concern the myths that have been spread about this business type in the past. You need to know what these myths are and have the truth revealed about them, so you can see why this is a very legitimate way to start your own business.

Below are the myths that make so many different people skeptical about an mlm business.

One: MLM is nothing, but a Pyramid scheme - This is something that has been talked about on the internet and offline by many people, but it is not true. You need to understand the different between a pyramid scheme and a legal business, which is what mlm is.

Pyramid scheme - This is when you give money to someone else for nothing in return. A good example of this type of scheme is the chain letters that everyone has gotten at some point in their life. This is definitely the type that you want to avoid because you will only be ripped off.

With MLM it is an actual legal business system that provides customers with an actual product or services. So, if you become involved in mlm, then you will be selling a product or service to someone in return for their money and this is what all legal businesses, online and offline do also.
Now that you understand the differences, you can see that mlm is definitely not a pyramid scheme. You just have to be sure that you take time to choose the right opportunity that is legal and not set up like a pyramid.

Two: You can get rich overnight - This is a myth that has turned many people away from this type of business and it should turn you away. If you find an opportunity that promises this, then you want to run the other way as fast as you can.
No business that is legal is going to make you rich instantly. There are so many mlm opportunities that you can use to start a business that will not make this impossible promise. Just look at multiple companies to locate one that is legit and not a scam.

Three: Salespeople are the only ones that can be successful with mlm - This is not true anymore because of the internet. It will help you to have experience with selling, but it is not necessary to achieve success.
With the help of the internet, you don't have to be a salesman, you just have to be willing to learn whatever is needed to help you succeed and to be willing to work hard.

Now that you understand the reasons that so many people are skeptical about network marketing and the truth about these myths, you need to decide if you can be successful with this type of business. Just remember that mlm is definitely legal and a great way to earn money when you find the right opportunity for you.

In about 2-3 weeks or so I'll review another subject designed to provide business owners with information they can use to help them work "on" their business.


Until Next Time : Live Simply, Speak Kindly, Care Deeply, Love Generously and Live In The Moment

All The Best,

Walt Morey

Core Business Solutions

Executive Business Advisor Accredited by the Institute for Independent Business

http://www.corebizsolution.com/



6 comments:

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Unknown said...

Multi-level marketing (MLM) is a marketing strategy in which the sales force is compensated not only for sales they personally generate, but also for the sales of the other salespeople that they recruit.Good post.

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Unknown said...

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Unknown said...

Multi-level marketing (MLM) is a marketing strategy in which the sales force is compensated not only for sales they personally generate, but also for the sales of the other salespeople that they recruit.
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