Top-tier Programs vs.
MLM Companies.
It's quite the debate.
Both are tried and tested means of making money online, but which one is the one that's right for you? I'm going to try to provide some information that may help you make up your mind.
By the end of this article, you should be able to have enough information to choose which income opportunity is right for you.
Anyone who's looking to get into making money online will benefit greatly from weighing the benefits of both types of income opportunity to see which one is right for them.
MLM Companies PROS: 1.
Lower start-up cost - Multi-Level Marketing (MLM) Companies, also known as network marketing companies or affiliate programs, are when someone pays you a commission for selling their products.
Often, if you recruit another salesperson, you'll be paid a commission on their sales as well.
As such, there is usually just a small administration fee to get things set up and running, then your income is based on your sales of product.
2.
Ease of set-up - MLM companies are more often than not really easy to set up and get running.
You pay your fee, get your affiliate code, then add that to your website or promote it in whichever way you deem best.
3.
Residual income - Income keeps coming in, even if you quit working, from all those in your downline who are still either on the product or still selling.
So eventually, you can stop selling or recruiting and things will still build for you.
CONS: 1.
Slow start - As an income opportunity, MLMs take a longer time to build.
At the beginning, more often than not, you won't be making any money at all.
With most programs, you'll even be losing money.
Granted, with dedication and time you can overcome this obstacle, even sometimes quite quickly, but in the mean time, you'll be out-of-pocket.
2.
Initial Effort - At the beginning of an affiliate program, you'll be putting in a lot of effort for very little payoff.
If you have a full-time job, you'll be spending much of your time off work promoting your business, and if the MLM income opportunity is your full-time job, you will be working hard for very little money until the program takes off, which in some cases can be years.
If you think MLM companies might be right for you, picking a good company is the best place to start.
A couple of good ones that I've found are Univera Lifesciences and Pre-Paid Legal Services.
Top-Tier Programs PROS: 1.
Make money right away - Top-tier programs allow you to make money right away.
They are set up to be a source of immediate full-time income.
An income of five figures every month is quite easy to attain, right from the beginning with a top-tier program.
2.
No need for large organisation - With most MLM companies, you need to recruit a small city to be making big enough money for it to be sustainable for you.
While in the long-term, that's fine, many people want to be able to make income right away.
With a top-tier program, you can make a modest full-time income with just 1-2 sales per month, reach larger numbers, and you can be making a better income than all your friends.
CONS: 1.
Large start-up costs - Top-tier programs are expensive to join.
Hence the name.
This can also make them hard to sell.
People aren't often willing to put up such a large chunk of cash for a program.
On the plus side, this makes sure you only get serious applicants who are going to put in the time and energy to do the work involved.
2.
Little to no residuals - Unlike MLM companies, top-tier programs don't offer much in the way of residuals.
The money you make is from the sales you make.
So while you can make a serious income and quickly from these programs, when you stop working the program, you stop making money.
This isn't a problem if you've invested properly along the way, or if you've got other streams of income coming in, but if not, it means you have to keep working the program to be able to keep getting income.
When I made the change to a top-tier program, I really saw how you can really increase your earning potential.
A top-tier program really can't be beat for making big money fast.
I have a really great one I provide if anyone is interested.
Bottom Line Both kinds of programs are good, and they're both excellent ways of making money online.
If you can afford it, I would recommend becoming part of both kinds of programs.
The top-tier program will give you your immediate income for the here and now, and the MLM company will give you the residual income for later when you'd like to stop working the top-tier program.
The beautiful thing about the top-tier program I'm involved with is that you can actually use it to help promote any other income opportunity as well, so that they will complement each other.
That is the secret to creating lasting wealth, creating a portfolio that maximizes your streams of income.
If you have any further questions or would like a business consultation to see how I can help you learn to grow a home business of your own, my phone number and email address can be found at the end of the video on the website.
Get in touch and I'll teach you anything you want to know!