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This blog is about my online journey transforming my life from employee to financial freedom with Freelance Writing, Blogging, Internet Marketing and being an Entrepreneur. Welcome, my name is Monika Mundell, feel free to have a look around.

Is There A Best MLM Program?

Posted by Monika in Freelance Writing Ar... | 06.16.2007 - 4:42 pm

Is there a best MLM program? When I get asked that question, I have to laugh. Everybody wants to know what the best program is. Imagine their surprise when I tell them that the best program isn’t going to do you a bit of good if you don’t know what you’re doing, use proper advertising methods and know how to deal with people. They just don’t want to hear it. Well, for those of you who are in that same boat of “just give me a good program and I’ll make it work” then this article is for you. Just don’t be surprised if the MLM opportunity that you got hooked up with doesn’t perform to your specifications.

The best MLM program is the one that has the best pay plan. At least when all is said and done, that’s all that matters. The rest is superfluous. If your pay plan is garbage, then people aren’t going to get excited enough about the company to want to join. So if you’re looking for an MLM company to get involved with, you want to find one with the very best pay plan. That brings us to the next question. What is a good pay plan? This is where many people have their disagreements. The reason is because each MLM program has a different type of pay plan and not just in terms of dollars paid out, but in terms of the way those dollars are paid out.

The most popular type of MLM pay plan is the matrix. This is where the company pays on a certain number of levels, so many deep and so many across. An example of a matrix would be 3 by 5. In this case, you have 5 levels in the pay plan and on each level you can have as many as 3 people for each person on the level. So, if you are on level 1, which you will be, you can have 3 people under you on your next level. Each person under YOU can have 3 people under them on their next level, and so on. These pay plans are popular because you get the most amount of money for doing the least amount of work, since you have other people helping you recruit. Each person they get for themselves is another person for you.

The downside of these pay plans is that many of them do not compress if people drop out. Ultimately, what happens is you end up having a lot of holes in between that never get filled again. As a matrix starts to get larger, it develops more and more holes until eventually it begins to collapse. So while the matrix pay plan may be the most popular, it is by no means easy to make a good income with unless you are the type of “manager” that can keep your people motivated.
I know what you’re saying. I still haven’t answered your question as to if there is a best MLM program. Well, that’s because, as I said up top, there is no such thing. Yes, you want to find an MLM program that has a real product, is established and is reputable. Other than that, best is a very relative term. It all comes down to what YOU are willing to put into it.

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6 Comments »

2007-06-16 17:18:48

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Comment by Sheryl
2007-06-18 16:34:11

Love the Blog Monika

I must agree in particular with your first paragraph - its not always just how good the program is but how you advertise it and work at it.

I love reading your articles, they are all very good.

Take Care
Shezz
http://www.stayhome-mum.com

 
Comment by geekwriter
2007-06-20 17:18:57

Hey Shezz,
Thanks for the lovely feedback. It surely helps to see that I’m writing for a reason.
Monika :-)

 
2008-03-07 00:15:37

[…] In the time since we left the South Australian outback we have been married, became Australian citizens, traveled the world a lot more, traveled around Australia a lot more, bought two houses and started two businesses (of which one is my failed MLM business). […]

 
2008-03-10 00:40:31

[…] your own system to your closet friends, relatives or anyone else you can find to talk with you. Perhaps I should have said this on the front end, but I am not a fan of MLM’s . I have spoken of a acquaintance of mine who is a YTB ( Your Travel Business) owner. Less than 15% […]

 
Comment by A Master Networker Subscribed to comments via email
2008-07-20 03:32:44

Monika..

The truth is there is more than one great company out there.

The problem is…

they are few and far between.

Hence the question will always exist…

“Is there a Best MLM Program”?

When I first got into network marketing my goal was purely money. I was also ill equiped at the time for choosing a “best” mlm because I had little experience in the industry.

As a result, I had little knowledge of what truly makes a “Best MLM Program” and I was easy prey for many of the “bad” (the majority) mlm’s.

Instead of promoting the “BEST” mlm’s, it would be nice to see people start educating others on the “criteria” required for a really good network marketing company and the proper pricnciples and philosphies (ie: the universe ;) that are neccesary to truly succeed.

It would save them a lot of anguish, and better benefit the industry as a whole.

“my 2 cents”

John

 
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