Thursday, May 1, 2008

Benefits of Multi-Level Marketing

Benefits of Multi-Level Marketing

Multi-level marketing is a very powerful business concept.

MLM involves selling/introducing a product or service to another person. MLM involves the recruitement of your friends, relatives, colleagues to be downline. MLM is powerful because it involves a business network that will grow in size over time.

Earn Lots Of Money
If you are a salaried employee, you may be earning a fixed income every month. In MLM, you earn money when you sell something. In MLM, you earn even more money when your downlines sell something. This is the power of MLM or also known as network marketing.

 Sell First-Class Products
As a MLM distributor, you will gain access to a wide variety of first-class products you can not only sell, but you can use yourselg Just like yourself, other people are also interested in high quality products and services. Hence, demand for the products and services will be good if you join the correct MLM.

 Take Advantage of Many Tax Write-Offs
You will be very happy you decided to join the world of multi-level marketing, particularly when tax time comes around! As a MLM distributor, you can write off many expenses for your legitimate home business. This includes:
Gas mileage
100% of your medical expenses
Interest paid on business-related credit cards
Meals and entertainment when you visit with prospective recruits
Business-related travel expenses such as taxis, parking fees, meals, lodging, rental cars and airline tickets
A portion of your vacation expenses
Business supplies such as paper, office supplies & postage•
Home office expenses such as office furniture, computer equipment, Internet service, PDAs, cell phones, printers & telephones

Don't forget to deduct a percentage of your operating expenses such as water, trash, electric, sewage and maintenance bills since you work from home. These are all legitimate tax deductions that can help you lower your annual tax bill and put money back into your pocket!

 Attend Inspirational Meetings
The majority of successful MLM companies hold frequent inspirational meetings for all of their distributors. This enables you to network with others, ask questions and gain valuable tips and advice from others who are involved with the same company.
These inspirational meetings or seminars provide a very positive and motivating atmosphere that can help you learn how to become even more successful. You will often receive valuable marketing brochures and information that can help you in your own business.

Meet New Friends
Getting involved in multi-level marketing is also a great way to make new friends and meet lots of people from all walks of life. Your goal is to recruit as many people as possible, so you will gain the opportunity to interact with people of all ages, interests and backgrounds. Every friend and acquaintance is a prospect, a potential downline.

Gain New Freedom
If you succed in the world of MLM, you can say goodbye to unfair bosses, hectic schedules, tiring commutes, tight deadlines and cut-throat colleagues. Multi-level marketing will give you the freedom to earn a very healthy income and become successful while still spending quality time with your family and friends. Financial freedom and time freedom!

Increase Your Self-Confidence
As you become more successful in MLM, you will experience an increase level of confidence that will help you in every aspect of your life. You will have a network of uplines, peers and downlines who will work together and motivate each other.