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Next Post: Part 2 of 6 – Affiliate & Network Marketing Myths BUSTED!
In my (albeit short) time as an entrepreneur, I found that the subject matter of this 1st post of 6 myth buster vids is kind of a hot topic. It’s something EVERYONE does, but not everyone gets paid for it. And it’s usually because people don’t understand it, and have negative and usually misguided impressions about it. So here’s to breaking those walls!
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Please note that there ARE SOME differences between network marketing & affiliate marketing, which I’ll get in to in a different post.
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Myth #1:
Network (Affiliate) Marketing is an ILLEGAL Pyramid Scheme
An illegal pyramid scheme is a fraud based on recruiting an increasing number of investors. It provides no products/goods or services, and pays according to the number of recruits. It is often confused with NETWORK MARKETING or any company that is MLM (Multi-Level Marketing). Be sure to do proper research before joining one of these companies, as there ARE unscrupulous people out there.
This argument is most often used by people who are afraid of (or don’t understand) what you’re doing. When they use this objection, this “test” obviously cannot determine legality as most businesses and organizations (including the government) have the same structure.
Myth #2:
Only the Guy at the Top Makes All the Money
This statement accurately describes any J.O.B. (Just Over Broke) in the world! The difference between a job and having a position in a Network / Affiliate Marketing company is that you have the ABILITY to make more money than the people above you — it’s based on the joint effort of you and your team, as well as several other factors.
Income is related to EFFORT not position!
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If you’ve been subjected to this kind of logic about network marketing / affiliate marketing and would like additional information on how to handle these kinds of objections, you should definitely sign up for emails from me on the matter:
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Please note that some of the information from the video was received from this site.