Multi-Level Marketing, Pyramid Structures, or Pyramid Schemes have a very interesting business dynamic.  Looking at this system of business as a business structure, I believe it is one of the best structures around. If we can apply the MLM principals in our daily lives, we can grow to be extremely successful (personally and professionally).  If you don’t know what this type of business structure is click here to find out.

Why do I believe that MLM is such a great system?

1. If you truly care about providing someone with a worthwhile product or service and helping them (the people that you helped get into your organization) do a better than yourself, you will be rewarded from their successes.
2. You can have an organization / business that doesn’t need to do external advertising to make sales. Is there a better type of marketing in the world than getting a single, excitable, sneezing person pumped up about your product or services? My answer, NO!
3. On the same advertising note, your product or service can reach the unreachable customer. Why? Because they are getting told about your product by their friends, not by your thousands of ad dollars that get sent to the advertising gods, hoping that someone will see your ads and act. [Unreachable Customers: listen to iPods instead of the radio, surf the web for news instead of reading a newspaper, DVR their TV shows and skip the commercials rather than sitting through 5 minutes of ads for their show to get back on]
4. This business system doesn’t require any extra hours on your part, it actually requires less. If I can get 5 people ready to sell my product or service in one month and they can get 5 more people each in another month, we now have 31 people (including myself) in two months that are ready to sell my product or service. Did I have to train all 30 new people? No, I trained 5 people, made sure they knew their stuff and they did the rest of the work. Why did they care about telling more people about this product or service? The answer to that question can be summed up with #1.
5. Anyone can get involved! You don’t need a college education (I hate college! That’s a different story) to get trained on a specific product or service. You don’t need a college education to get others excited about what you are selling or providing for them.
6. People are only as successful as they choose to be. They put in the work and they get rewarded for it (and so do the people that trained them)! This beats paying someone as an hourly employee for them to sit on their butt and do nothing all day.

After hearing the reasons why I like MLM, can you think of the ways we can apply it to our personal and professional lives? Think about it…if we can use this same structure to work for us in our daily lives, we might be able to get a lot more accomplished.

Have an Awesome Day!

~Chais Meyer