settingsLogin | Registersettings
Show Menu

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 (51,640 points)
I am not giving an opinion, I am asking for yours. =) Thanks in advance for the input!

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 (7,350 points)
Welcome back to IBOanswers Jason
3 like 0 dislike
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 (3,370 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 (4,810 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 (79,000 points)

Related questions

7 like 0 dislike
2 answers 37 views
8 like 1 dislike
6 answers 57 views
8 like 1 dislike
1 answer 26 views
9 like 0 dislike
3 answers 45 views
9 like 2 dislike
1 answer 29 views
Participate - Click the up or down arrows for a question or an answer to anonymously show support. This helps boost quality content, weeds out bad.