MLM TRAINING # 1

Knowing the MLM Industry

What is MLM? Also known as network marketing or

networking A method of distributing products through

independent distributors rather than traditional retail outlets.

It enables people to immediately start their own business with very little resources or meager capital and with the least of risk involved.

It is a revolutionary approach of distributing products directly to the end-users by word-of-mouth.

Its recognized as one of the fastest growing industries in the world today.

Distributors are compensated from:

a. Sales of Products

b. Sales of Products achieved by those they bring in to the business

What is the Difference Between a legitimate MLM and an illegal Pyramid Scheme?

Pyramid Scheme MLM Company

There is NO real product

Money is promised on recruiting more people into the scheme

There is a marketed product

No money is paid on recruiting alone

Theres training and courses given to distributors

Our Vmobile Product

Why Choose MLM as a business? Robert Kiyosaki on MLM...

MLM’s Fair and Simple Rule

Do little = Earn little Do average = Earn average Do a lot = Earn big bucks!

What if..

I am your employer and I offer you two options on how you can earn your income, what would you choose?

a. P1,000,000 for 30 days of work

b. .01 cents for a day which doubles up each consecutive day until it reaches the 30th

Day Your income Day Your income

1 .01 16 327.68

2 .02 17 655.36

3 .04 18 1,310.72

4 .08 19 2,621.44

5 .16 20 5,242.88

6 .32 21 10,485.76

7 .64 22 20,971.52

8 1.28 23 41,943.04

9 2.56 24 83,886.08

10 5.12 25 167,772.16

11 10.24 26 335,544.32

12 20.48 27 671,088.64

13 40.96 28 1,342,177.28

14 81.92 29 2,684,354.56

15 163.84 30 5,368,709.12