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What IF I TOLD YOU, joining an MLM is NOT starting a Business?

7 like 2 dislike
asked Jan 25, 2017 in Other Questions by ToddTreharne IBO Specialist (55,700 points)
I am not giving an opinion, I am asking for yours. =) Thanks in advance for the input!
In my case, I had a business before I started with the e-commerce company I am presently apart of, I was able to incorporate my business into it, they gave you the option. That was the best decision for me and it works magnificently.

4 Answers

3 like 0 dislike
I agree with you, it's an extra income with someone else business, not yours.
answered Feb 11, 2017 by jasond188 IBO Master (7,510 points)
Welcome back to IBOanswers Jason
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I have to disagree with you. A grocery store may sell Coco Cola as a business owner or a distributor and not be an employee of Coco Cola. Omaha Meats did not raise the cow, but they are considered a business. Wiki definition - MLM salespeople are not employees. Presented as "independent contractors" or "business owners"; however, not in the traditional legal sense. They do not hold any tangible business assets or intangible business, which could be sold or purchased in the sale or acquisition of a business.
answered Feb 12, 2017 by Mixter IBO Guru (3,390 points)
3 like 0 dislike
I would agree, just joining an MLM or any venture in and of itself is not a business, it is only a business IF you are actively building it as a business, you have to sale something, move product or offer a service, build a team who also moves product..

Sad thing is, many of us distributor's do think it is a business once we sign the application and many usually quit before the darn ink is even dried.
answered Feb 16, 2017 by WillieRobertson IBO Guru (4,870 points)
2 like 0 dislike

I agree with you, Todd!

Multi-level Marketing (MLM) is not a business. Many MLMers say it is a business and act like it is one, but it simply isn’t. If you aren’t participating in fundamental activities related to owning a business… you can’t call it a business, right? 

In order for you to be considered a business owner there are three ‘musts.’ You must have control of the product, you must have control of the distribution, and you must have control of the pricing. These people - Network marketing, or multi-level marketing (MLM) - are not business owners, they are recruiters/sales people

If you want to consider MLM as a side job or even a full-time job, you may want to reconsider. I would not wish you luck, as you don't need luck. I wish you wisdom instead, to learn and properly evaluate the situation and determine whether it will benefit you... or not.

answered Feb 16, 2017 by ebest IBO Specialist (82,620 points)

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