Today, 27th August 2011, I had the opportunity to finally meet and ask a professional, his reason for doing MLM.
"Why you do MLM?".
He said "one word – Leveraging"
You are leveraging your energy and your income. You are getting 10 people down your level to market a product and they get 10 each, it will be 100 people, in your next level, and so on. You are leveraging your effort and income you are earning. This is Multi-Level Marketing.
Not the same as direct selling. Direct Selling is like, if you are selling a bar of soap and knock on each doors, you got to knock on 100 doors yourself. In MLM, you get consumers, who also your distributors, who also get their friends to do the same, consume and distribute. Their friends will bring others, whom you do not know them at all. That's marvellous!!!"
You can look at MLM like an Insurance, MLM can give you Residual Income, when you have build your network and if anything happens to you, the income benefit will be given to your next of kin (your children, and can be past down to their next generation).
He is building his MLM business and running all over Malaysia.
Looking at his age, "Where do you get all the energy?" I asked.
" It's all about attitude! " he said.
" You have to take care of your health, no smoking, and I don't drink."
Guest : Joseph Lim (Accountant by profession)
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