Question: Dear Scott, I am in network marketing industry from last 3 years working as a distributor, but in present time companies are making policies day by day to discourage distributors from doing business so I want to change my business but want to be in MLM field (I want to start new MLM company) because I do not have capital to invest please suggest me something.
What is MLM Stands for?
Well those you don’t know what is the acronyms of MLM? It is multi level marketing.
What a person has to do in MLM?
In MLM person has to sell products or membership of the company. Basically you have to make chain under yourself. You will sell products or services of a company with your personal willingness and advice to others.
Advantage or Benefits of MLM
Understand that, Main advantage of MLM is not to person who becomes agent or subscriber, major benefits goes to company who is hosting this program.
How to start MLM Company or Business
- Well, MLM runs on trust and recommendation
- You will need to register your company, probably make it private limited to make people trust in it.
- Start with few sales agents and friends or relatives
- Ask them to make more members under them.
- Give them good opportunities and rewards, so they get motivated.