MLM Training #1Knowing the Industry

Also known as network marketing or networking A method of distributing products through independent distributors rather than traditional

retail outlets. It enables people to immediately start their own business with very little resources or meager

capital and with the least of risk involved. It is a revolutionary approach of distributing products directly to the end-users by word-of-

mouth. Its recognized as one of the fastest growing industries in the world today. Distributors are compensated from:

a. Sales of Productsb. Sales of Products achieved by when they introduce other people in to the business

* What is the Difference Between a legitimate MLM and an illegal Pyramid Scheme?Pyramid Scheme MLM Company

There is NO real product Money is promised on recruiting

more people into the scheme

MLM’s Fair and Simple Rule:

Do little = Earn little Do average = Earn average Do a lot = Earn big!

* Networking/MLM has been commended by different entrepreneurs like Robert Kiyosaki, Donald Trump, Warren Buffet and even late US president Bill Clinton because of its effectiveness to bring people from rags to riches. (see videos from youtube or from the giver of this handout)

“In 1984 20% of new millionaires came from Network Marketing. By 1994 it was 50%. It’s predicted that by 2004 and forward, 70-80% of new millionaires will come from the booming Network Marketing Industry.”

- IRS (U.S.) Statistics

There is a marketed product No money is paid on

recruiting alone There are trainings and

courses given to distributors