Is MLM a Scam? If you’ve looked around on the internet for a good MLM business, you undoubtably have discovered a myriad of bloggers and articles that pose the question “Is MLM a Scam?” There are many naysayers, many of them you’re family members, that are convinced that all MLM companies are scams. They will say that “It sounds too good be true, no one can possibly make real money in one of those pyramid thingys” 🙂 I’m here to set the record straight in that just because something sounds too good to be true, that doesn’t mean that it isn’t!
This kind of “stinkin thinkin” is exactly what you need to avoid if you ever hope to make real money in the MLM industry. You have to avoid the negative influences that don’t believe in the industry, or in what you are doing like the plague. Self doubt, negative people, and rejection are the three biggest reasons that people fail in our industry.
You have dreams right? Why let a negative minded person, who most likely is broke if we’re being honest, tell you that all MLM’s are scams? Do you ask yourself is MLM a Scam? If so, the moment you decide MLM is not a scam and a viable industry with great people involved, great products, and one of the best ways to work on your own personal development, you’re on the road to financial freedom.
Typical scenario goes like this. We hear about a great business opportunity, we get excited, and then we join the MLM company. We’re ON FIRE! We’re pumped! We’re so excited that we run out to the people we know the best, our friends and our family, and we have good thoughts on our mind about how our business would help them. You know what can happen next right? Some of those people laugh at you, they stop taking your calls, and tell your friends or other family members you’ve lost your mind! I’ve seen it damage good friendships, and often times it shows someones true colors about how they feel about you. Don’t take the negative criticism personally though.
They don’t “know” what they don’t know, because they don’t “know”…
They simply don’t understand the Network Marketing industry. They may have had a bad experience in the past, or they may just be negative about everything in life. You HAVE to avoid these kinds of people, and use caution when approaching family members. Often times after someone approaches a negative minded person about a Network Marketing Opportunity and get ridiculed or they face a rejection…they QUIT! I’ve seen it happen! We have to FOCUS ON THE ACTIVITY, NOT THE RESULTS!
What to Say to Avoid the “Is MLM a Scam” Question?
A tip I can give you when approaching friends and family members for your MLM business is to do a big “takeaway” when approaching them. Instead of approaching them like an excited puppy dog that “throws up” all your information to your prospect, try using one of the following approaches:
- Hey Joe, I ran across something recently that I thought you might have an interest in. I’m not sure if you’re open to any additional income right now, but if you are I can send you some information on it.
- Hey Susie, I recently started a new business and because I value our friendship more than I value your money I didn’t want to approach you with it. However, if anyone ever mentions the Name (Name of your company), would you do me a favor and let me share the information with you first.
- When cold calling strangers on the phone, I call them up if they can benefit in their industry with my service/product. It goes like this, “Hi Mary. I was doing some research online and I ran across your name as being in the (real estate, personal trainer, financial) industry. Is that still correct? I’m an Entrepreneur in Knoxville, TN and looking to expand my operation. Mary I had one simple question for you…Do you at keep your options open for additional income? Wait for the answer…it’s usually “It depends”. I then say well Mary if I had a way to increase your sales, or improve your income doing exactly what you’re doing without changing anything, and improve your relationships with your clients, would you be open to taking a look at what I’m doing?” Then follow up with your tools via email or drop samples in the mail. This works very well for cold market or your warm market. 5-10 of these calls a day will greatly increase your funnel of prospects I assure you. 10 Calls a day keeps the commission checks on their way!
Using these 3 approaches should help you eliminate the “Is MLM a scam” rejection because you’re not trying to sell them your opportunity. Building a successful MLM is about how many exposures you can have to your chosen business opportunity. The more exposures you have, the more prospects to follow up with, and ultimately the more people you sponsor into your business.
Someone approached me recently about an affiliate program that sounded too good to be true, but I listened with an open mind. I’m so thankful that I did because that opportunity is changing my life as we speak. So the next time you either hear from a friend or family member about something they’re excited about, listen to them with an open mind. Furthermore, the next time you approach someone about your MLM company, do so with professionalism and take your opportunity away They will want to hear more if you approach them in the proper way. If they ask you is MLM a scam simply move on to the next person that is looking to expand their dreams. There are people just like you out there…hungry, motivated, and ready to change their life too.
Remember, you can’t say the right thing to the wrong person or the wrong thing to the right person. Now go out and make it happen! Be blessed and have a great week!
All the Best!
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