Things to know before Joining a "Multi-Level Marketing (MLM) Company" in the Philippines
Years ago, I have briefly stopped writing in my blog due to
the whirlwind MBA stuff and work related matters I have. I have long intended
to write this from a brief insider point of view but put it off until I saw a
"market bubble" of MLM companies on different social media. A couple
of years back i was enticed to join a MLM company and i am one of those who
failed, the reasons are: (1) I am not really into sales; (2) I don't believe in
the products and; (3) I can't invest that much time on MLM (everyday is worse
than an 8 hr work with overtime!! We/they go home at around 3am). With all that
said here's some tips before joining any MLM Company
1. Take your time to
think, don't hurry. In contrast to what your recruiter says, that there is
a special offer if you join within a certain amount of time or there is a
discount, keep calm and take your time. Once you have been invited to their
haven you cannot help but feel drawn to the positivity around you... This is
what they call "One-Week Hype". Within one week, everything presented
to you, you are very eager and energetic to try. Let us say it is the
"convincing period" and it will slowly die down after that or if not
and you are still eager to join then by all means join the company. That is the
reason you may notice that they are very serious to get to recruit you on the
spot, because once they let you go... you may be gone forever. Don't get me
wrong, I'm just saying take your time to think if this is really the right
career for you. Are you a good sales person? Are you willing to "work for
it"? It's like choosing your life long career. If it fits you... then by
all means...
2. You need to WORK
HARD FOR IT. Part time? Work at home? You wish? Would like you to know that
those people who I know who have been successful in MLM have worked hard for
it. They go out early to look for prospects and go home very late (like 3am).
They go town after town. They go to malls. They are very busy people. YOU will
have to convince other to join because YOU will realize that, that maybe the
only way to earn back the time, effort and money you already have invested.
There is no turning back now because you did not listen to tip #1.
3. You don't have a
boss but there is PEER PRESSURE. People in the MLM business stick together
because it is true, the earning of your downline is your earning too. That is
why you help them go up which is a good thing by the way at least for the MLM
company that I joined. Saying that, yes you won't have a boss but be sure to be
able to go with the peer pressure specially if you're thinking that this is
only a sideline. They will help you, yes, but as I said if you don't get up
they won't so expect pressure if you still don't know what you got yourself
into.
4. Believe in your
products. Well that is the main reason I failed. I do not believe in the
products.. I am ashamed to sell the products to my family and friends because I
know they are not something I will go for (Just so you know I am not a fan of
supplements). If I will be counting how much the product is really worth vs how
much the product is selling... I simply do not believe... The reason is I know
a drug that is used to combat fever which is patented costs not more than 1
pesos to reproduce... what more supplements without any therapeutic claims? To
me, i can't swallow that so if you do join you should believe in what you are selling..
you are now a "salesman" now and you can't sell something you don't
believe.
5. If you don't have money don't force it.
I've seen people cut friends because they can't pay debts due to MLM.. Just
don't. if you don't have extra 4k, 10k, 20k or 36k don't force yourself. Even us who have been investing in the stock
market are warned to only invest money we are willing to lose.. So that is the
same goes for you.. Only invest in the
money you are willing to lose so that when you realize that selling is not
for you.. you can walk away and pursue other business or work options
WARNING: MLM Bubble. I'm sure you have noticed the sudden
increase of MLM companies in the Philippines. Some go for as low as 200 pesos
to as high as 36K. This is just a warning if you are planning to be a member.
Some of these MLM companies branch out from other MLM companies.. why? If I can
entice you to join... why would I give it my upline when I can get all the
commission for myself... thus a new MLM company is born. If you are to join any MLM company, be sure to
believe in the products... sooner or later the MLM will bubble up and your
downline may not be able to recruit leaving you with the only option- sell the
products.
What I don't like about MLM: Some use God to sell products
and make believe "helping others with a business opportunity" but in
reality, they need YOU to EARN. YOU are HELPING THEM.
What I like about MLM: Team effort at its finest.
Motivational and convincing talks.
Don't get me wrong.. Legal or not its up to you if you will join.. Just before you join, do know what you're getting into... I know people whose lives were lifted by MLM but I also know those who miserably failed. So before you decide.. Think twice... Think Trice... If this is a good career choice for you (sales) then.. by all means.. But if not and you are just dreaming of money to grow on trees then find a stable job... MLM is just not for you.
0 comments:
Post a Comment