subject: Is MLM a good business opportunity for Malaysia? [print this page] Is MLM a good business opportunity for Malaysia?
MLM, multi level marketing or network marketing is just another form of business with its own way of "moving" products or service.
Instead of a company spending huge amounts on advertising they pay their distributors to share the business and product.
Through MLM, as you introduce people to the business you build you a network of distributors, you then earn an income from the work your network does. MLM is a great way of generating a residual income, do the work once and get paid again and again.
The key point tosuccessin MLM is networking. Networking is at the core and the soul of all Malaysian business. As such, word of mouth and trust play major roles in the success of any MLM business opportunity.
The amount of time, money and effort that a distributor invests in MLM is up to them whether they run it full time or part time. You aren't tied to an office so you can work from home and be your own boss without a manager or anyone to report to.
Uniquely for a business where you work for yourself you also get the support of your upline who want you to do well and help you to do so. In how many businesses can you earn more than those above you?
In addition, start-up costs are usually very small compared to setting up your own business or franchise.
You can earn money quickly in MLM but it is'nt a get rich quick scheme, it takes time and effort to build a network but if you work at it you will see the results.
