The start your own business work for yourself industry commonly recognized as MLM (Multi-Level Marketing) opportunities is a great way to work from home. I am a fan of opportunities that provide training, support, and a true path to profitability because of being able to market a product or service that is truly essential. Two opportunities that interest me are these, Essential Home Services, and GotBackUp
The first “M” in MLM stands for multi, that’s because there are multiple ways to get paid from multiple products in most cases.
The “L” in MLM stands for level again signifying the multiple ways to earn money through the many levels of other independent business owners within your line who you can help build successful businesses of their own. In turn you earn a small commission off of their business product sales.
The final “M” in MLM stands for marketing, which yes has to do with sales. Most people don’t like “selling” because to them it may seem insincere. But it’s interesting that most people at the same time like “buying” since economies around the world are based on consumption from both consumers and other businesses who buy billions of dollars worth of things every year.
So how can you make money from home in the MLM business model? First you have to get over any preconceived bias you have against selling products or services, to others including your friends. Just make sure that what you have to offer them is really valuable. Also unfortunately many of your friends will need to get over their preconceived bias against you selling them things, even though they need and already buy them from someone else not named you. The next thing you have to do is learn from the training given by the company offering the products or services of the MLM that you choose to work with. You’ll need to learn the proper business owner mindset which differs from the employee mindset that most of us have possessed from the earliest point in our working lives.
You see business owners don’t look for someone to pay them for their time but instead look for someone to pay them for the value they offer. Sometimes it takes a while for business owners to teach their prospective customers the value of the products and services they have to offer. Teaching is the biggest part of selling because when it comes down to it selling really is teaching. Part of the mindset also has to be when to recognize that a particular prospective customer is not the right fit for the product or services being offered by you, and that that’s okay.
With belief in your business model, your business products and services offered, and with proper support from the MLM company, you can make your MLM opportunity successful. It may take more time than you first anticipated, but if it’s a worthwhile opportunity your persistence in doing the right things for success over and over will pay off.
Also, if MLM isn’t for you there are other ways to make money from home.