Today we discuss the positive aspects of multilevel marketing.
I learned a lot about business when I joined Amway back in college. I learned more about business from the books they suggested than I did getting 2 business degrees. You may not control the brand like you do if you own your own business but there is lots to be learned. I credit Amway with teaching me about residual income which lead me to starting a company that produces it.
Benefits
- Low Start-up costs
- Learn to Sale
- Learn about business (certain groups will be better than others)
- Learn about residual income
- Everyone can work with you (try hiring everyone you meet to work in other businesses)
- Step by step instructions – I really believe it works if you work it. Many people myself included surely think they can do better than what was suggested.
Drawbacks
- The parent company controls the brand, payout etc.
- Stigma of a pyramid scheme – but can you make more than your boss or CEO at regular companies? In multilevel marketing you can make more than the people above you if you grow your business larger.