Secrets of MLM Online Success: How do you make money in MLM and who gets ripped off?

Now there's a great question!

I know lots of people who like to take the victim role
that are totally convinced that anyone making big bucks is
ripping the little guy off.

So let's put that one to bed…in MLM the little guy is a
volunteer!

It's not that anyone is getting ripped off. It's the
simple fact that in all businesses a small handful of high
achievers make significantly more income than the average.

MLM is not a job where you're on a fixed salary and have
to beg for a raise, while the President is entrenched at
the top making the big income. In MLM everyone is the
President of their own business and they can write their
own income check…if they want to work for it.

You start in MLM the same place everyone else started and
from then on it's up to you. In the typical compensation
plan you can make some money selling the product at retail.
Often the retail price is quite prohibitive so you end up
selling at wholesale-customers like to feel they're getting
a deal--and you earn the distributors override on your
product sales. That override varies, but in my MLM company,
its 10% to 20% depending how my business is structured.

Many people like to start by setting up a network of
preferred retail customers, often around the world, who can
order and pay for their own products online. A series of
emails keeps you in touch and many of these customers find
customers of their own so they enroll as a distributor. And
so your business grows and your income grows via your 10%
to 20% override on sales.

It's a very efficient process, but by some this is
considered the slow way to start. But on the plus side the
income is typically all residual so it's a rock solid
business.

Others, and possibly this is the majority, like to make
the override on the bigger sale of the starter packages, so
they begin with a program of recruitment and teach their
new associates to do the same.

Getting customers is often an overlooked segment of MLM,
where many associates focus on recruitment and personal
consumption only.

In my opinion if you want a rock solid business then you
want to do both; teach your team to make sure their monthly
qualifying volume is more than covered by retail sales.
That way they're always making some money and they don't
fall away. Besides, getting customers is a lot easier than
finding a willing candidate for sponsoring.

In a business built like this you truly can retire on your
residual income!

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Jim Keayes is an expert Internet and MLM Marketer. He teaches people to be successful online.