Mar 15, 2020

7 Poor Reasons To Get Involved in MLM

Joining a mlm type of business for all the wrong reasons is a recipy for disaster. Find out about seven of the worst reasons for enrolling in a mlm opportunity, and exactly why this kind of reasoning can be so dangerous.

Network marketing, or "MLM" can be a great way to earn everything from a small additional income to a generous full time living.

However, many people join MLM or network marketing type opportunities without really knowing what they are getting themselves in to. This is probably one of the biggest reasons for the fact that some people have very low thoughts about this type of business ans many are falling ou very quickly.

MLM  works for you alos,  if you do it right and start with the right expectations. Period. That said, here are seven really poor reasons for enrolling in a network marketing opportunity:

1) Earning "easy money"

I know - the mlm-companies are very good a promoting their business as a simple 1-2-3 process that anyone can do and become an instant millionaire. Especially online it has almost become a standard to use once super long and totally over hyped sales letters.

This is the equivalent of claiming that anyone who can open a can of beans can be a master chef.

Don't get me wrong, I do think most people CAN make it in MLM if they put their minds to it. But you must be prepared to learn many new things and you WILL have to work for it. Make no mistake about that! MLM is not a get rich quick sceme. It is not a how much you invest and how much you gain money game. 

2) Expecting that "spill over" will do all the work

Many mlm opportunities are built on what's called a "forced matrix". For example, in a 3x3 matrix, when you have sponsored your three first new members, the fourth will be placed under the first person you sponsored. This person has thus gained one person in HIS downline, without any effort on his part.

Now, some companies and especially "uplines" would have you believe that their top recruiters are so effective that the spill over from their marketing will automatically make you, who are joining at the very bottom right now, an instant success.

This is simply a pipe dream - it will never happen. Yes, you probably will get a few people spilled over into your downline, but nowhere near enough to guarantee your success. The sheer width of the matrix on your level, means that there is an enormous amount of representatives that will have to shear any amount of spill over.

And who says the top recruiters are as active as they once where anyway? Worst case scenario, they are now working on something else entirely, because their income in this particular opportunity is already secured with a "deal". So start with the right intention, that you build it. Do not buy and do not sell the myth of spillover.

3) Thinking that a product is so great, it will sell itself

This is a classic mistake, because many MLM systems simply aren't really about the product. This fact is difficult to swallow, I know.

As a greenhorn I remember joining this lottery syndicate-mlm, thinking that "everybody" would want better chances at winning the lottery - right? The disappointment was huge when I discovered the truth - some people even made fun of any attempt to mention this great new thing I had discovered.

Likewise, in mlm, it will not matter if you are selling a breakthrough product that contains every mineral and vitamin under the sun - if you do not understand what network marketing is really all about.

4) Doing an old friend a favour

We have all been there - an old friend you haven't met for years who suddenly calls you and want to set up a meeting about something he will tell you more about when you meet...

I'm not saying that this couldn't be a potentially good business. But calling all your friends is a very ineffective way to do mlm, and you should never join any opportunity only to do someone else a favour. Because in the end this is about you, your money and your career.

5) Earning a lot of money in a short period of time

Most mlm testimonials always seem to go something like this:

- In my first month I made $800 and now, in my third month, I have been able to quit my job and...etc.

While not outright lies, testimonials like these are usually collected from individuals who, through luck or skill, managed to join this particular opportunity from the very beginning. They are simply at the top of the pyramid and they often know exactly what they are doing - the're the mlm experts.

Like most offerings, mlm opportunities have a life cycle that grows rapidly in the beginning. During this phase of explosive growth it can be very easy to sponsor dozens of new people per day, with relatively little effort. After all, this is something entirely new and one well placed ad can do wonders.

However, if you join after this initial explosion, it is much more difficult to see quick results and it requires more effort to attract new people into the business. Patience, knowledge and the right strategy is required to succeed here.

6) Big name X endorses this program

This is somewhat related to the previous point. Mr. Heavy Hitter have made thousands of dollars with this opportunity already and he is not shy about telling anyone how EASY it was. And he's probably not lying either. It was easy - for him.

Because, like noted above, he probably got involved in this opportunity long before it was launched to the general public, because he already knows all the right people.

He (or she), also know their stuff, and have the resources (large email lists, advanced Internet marketing tools etc.) to quickly and efficiently let the word out to a large number of people.

If you are relatively new to this game, it is a very bad idea indeed to assume that you instantly could pull off feats worthy of a network marketing guru. Would you compare your golfing abilities to those of Tiger Woods?

I don't think so.

7) Thinking this will be a free business to run

I'm not talking about the membership fee of your mlm opportunity here, because that is given. But many people falsely believe that they can market entirely for free using the internet or social media.

While it's true that there are some effective low cost Internet marketing techniques you can use, you should never fool yourself into believing that Internet marketing will be a no cost affair. Moreover, the online competition is usually quite fierce. And building a business has alwas some cost on the long run. Still, building a network marketing business online is among the low overhead businesses.

To summarize; Multi-level marketing  can offer an exciting new way to earn money. But your motivation for joining a mlm business shouldn't be based on one of the misconceptions mentioned above.

Treat your business like a business, and you will be okay and succesful on the long run.

To your succes,

Silard


Beat Debt and Build Wealth - Join BEST Money Academy

Aug 22, 2017

ANCE 2017 - Backstage One Minute Interview with Ken Seto

5 Ways to Increase Your Self-Confidence

We all know them. You know the ones, those self-confident individuals who always seem to be in control. They make snap decisions, appear to be more successful than most people, and possess an inner strength that is almost visible.

You admire their self-assurance and firmness of opinion. Such characteristics arise from inner beliefs in one's ability. If you would like to be more self-assured, practice the following tips which can help you formulate a strong, healthy self-image, full of conviction and self-confidence.

1 – Understand Your Strengths... and Weaknesses

Self-confident people know what they are good at, and what they are not very good at. Confidence definitely means feeling good about your ability to do certain things. However, it also means understanding those areas where you need to improve. A confident person readily accepts they are not the best at everything.

2 – Look On the Positive Side

Bad things happen all the time. You need look no further than your daily news broadcast to see that the world has a lot of problems. Self-assured individuals understand this. However, they do not focus on the negative side of life. They can always find the silver lining in every cloud, and a positive spin on a negative event.

3 – Don't Let Failure Stop You

A failure is an event, it is not you are. The most successful, self-assured individuals with true conviction in their beliefs and abilities have failed hundreds and even thousands of times. They are not scared of a failure, and certainly don't let it keep them from succeeding in the future. Norman Bernard Larsen invented WD-40 on his 40th try. The world would not benefit from this all-in-one miracle household product today if Larson had given up on his 10th, or 20th, or 39th attempt.

4 – Spend Time with Positive People

Confident people surround themselves with other confident people. These people tend to be positive as opposed to negative in nature. Their self-belief is contagious, and makes people want to be around them. Negative people want to bring others down to their level, and positive, self-assured individuals spend time with confident believers in self-convictions that push them to be more of who they are.

5 – Use the Right Body Language

You can "trick" your mind into believing that you are self-confident. This will lead to confident, assured actions and behaviors. Pull your shoulders back. Stand erect. Look people in the eye. Practice good posture. Don't slouch. Shake hands firmly. Smile more often. Speak slowly and clearly. These are all traits of self-confident people, and simply by adopting these postures and confidence boosting tips, you will begin to feel more self-assured.

To your success,

Silard Matrai

Apr 10, 2017

Moments of the Asian Networkers Conference and Expo


With my partner Henriette at ANCE2017

It is an honor and a dream come true to be
promoted among the best speakers.

On stage representing Europe and Hungary.:)

There has been great resources to be found
I appreciate every minute talking with Ken Seto.
Tom "Big Al" Schreiter on stage at ANCE2017. When listen to Tom,
you will learn some very easy and effective communication techniques,
 what you can promptly use in your business.

Simon Chan gave you a lot of great insights  about how to use the social media to build your business

All speakers got recognized on the Gala Night, and many awards has been handed over.

It was a great event, with a lot of passion a many powerful insights.Some more pictures and videos will come that we recorded backstage.

Dec 22, 2016

Art Jonak on Facebook About Time Management

Just recently I found a very practical and first hand advice from Art Jonak, a very well known and respected a Network Marketing Professional, founder of the MastermindEvent,  who I respect very much and learned from a lot. This time about what he is using to manage time  and acomplish task effectively. I experience dy by day that time and task management is crucial part towards success in your life and business. So find out more about that topic trough his post, find out what is the easy method he is using and you can to.