First of all, what is an MLM? According to Wikipedia a Multi-Level Marketing company is a “marketing strategy in which the sales force is compensated not only for sales they personally generate, but also for the sales of others they recruit.” They sell products and services that the general public is already using or is in need of using through a direct marketing process while cutting out the need to go to a store for said products.
What are the Benefits when you Join an MLM?
There are many benefits when you join an MLM – flexible schedule, residual income, tax write offs, and many more. Let me focus on the three mentioned.
When you join an MLM, you create a very flexible schedule for yourself. You work when you want to work, you don’t work when you don’t want to work. Let me caution you, a flexible schedule is not an excuse to slack off. In order to be successful, it does require work. The flexible schedule allows you to attend family functions, go on field trips with your kids, work at night, in the morning, in the middle of the night, go on vacation as you wish all without asking permission from someone else that controls your time.
When you join an MLM, you create residual income. Residual income is an income that is built over time. You do the work once and get paid on that work month after month. Residual income can be as little as a few hundred dollars a month to ten of thousands each month, that amount is dependent upon you and how much effort you put into recruiting people into your network.
When you join an MLM, you create tax write offs and benefits that you typically do not have when you work for someone else. Now, I am not an accountant, so definitely check with one when doing your taxes, but I get to write off things like my cell phone and such as a business expense. As a result, my taxes are affected in a positive way.
Do your Research before you Join an MLM, then Contact Me
There are many more reasons to join an MLM, these are just a few. If you are considering a business opportunity and want further information about an MLM company, please feel free to contact me and let’s get you started. Talk to you soon.
PS: Here’s another spin on the topic: Top 5 Reasons NOT to Join an MLM Company