There are sooooo many different ways to make money online that I would be here from now until next Tuesday if I were to list them all today.
Here lately, I have been reviewing quite a few recruiting schemes and other MLM recruiting based schemes which seem to come at a pretty hefty charge just to gain the rights to resell their product.
Unfortunately, it’s because of these recruiting based systems that most people fail to make money online or even see their first dollar for that matter.
In the following post, I’ll be showing you guys how I earn a full time living online from selling other peoples products without having to pay a licensing fee to gain the rights to sell their product.
Also, it doesn’t require me to recruit my Aunt Mary & Uncle Joe or spam my social media networks to recruit people and build my downline.
If you have been involved with MLM or any type of recruiting scheme in the past then you’re going to want to stick around as I have some pretty interesting things to share with you today.
If you can give me a few minutes of your undivided attention that would be awesome and I promise it will be worth your while.
If it’s not then you can let me know about it in the comments below!!
Deal?
Recruiting Schemes Are At An All-Time High
Like I said earlier, I have been reviewing a number of MLM/ Recruiting based systems over the past 30 days and have noticed that the entrance fee isn’t exactly cheap by any means.
This number is usually in the thousands with some places charging as much as $50,000 just to unlock the ability to earn commissions.
That’s Absolutely Nuts!!
It seems like there are several brand new recruiting based biz ops launching almost every day.
As an online marketer, I get several emails on a daily basis from gurus and online marketers that want to recruit me into their business opportunity and see how much money they can earn from me.
When was the last time someone tried to recruit you into their business opportunity?
How did that work out for you?
Let’s face it, nobody likes to be recruited especially if it’s into some shady MLM or Ponzi scheme that very well could be illegal in your country depending on where you reside.
The Reason Why Most People Fail At Recruiting People
There are many things that could factor into why people fail at this but I’m going to be covering just a few today.
It all boils down to 3 main things which are:
- The price of admission
- They lack recruiting (sales) skills
- Designed so that only people in the top 1% make money
These are the 3 key factors that play a part in whether you’ll be successful in this industry or not.
While you don’t have any control over the last thing on this list, you do however have control over the first 2 things and if you can master 1 & 2, it’s possible to be included in the 1% of people who are on top.
However, most people lack the funds needed to make these types of systems work and in the long run end up losing several thousand or more trying to get them to work for them.
Far too often, I receive emails from people telling me they lost $50-$75, 000 on these systems and my heart goes out to them.
A Much Better Alternative & Cost Effective Way To Make Money Online
If the thought of making money online from your computer has always intrigued you but you were never any good at recruiting or selling lotions and potions then listen up to what I’m about to tell you.
Affiliate marketing which is the exact opposite of MLM is how I make my money online and I’ll explain below why I think it’s so awesome.
Instead of chasing people down and pitching them your business opportunity in an attempt to recruit them, with affiliate marketing it’s the exact opposite.
With this business model, people are already actively searching for what you have to offer and all you have to do is reach out, connect with them, and provide them with the information that they’re looking for.
I get people who hit me up on a daily basis asking me questions and needing my help which is pretty sweet if you ask me.
Another reason why I think this business is awesome is that it’s one of the most cost-effective ways to get started building a business even if you live on a budget.
For around $50-$65 a month you’ll have everything you need to build an online empire.
Where else can you build a business for under $100 a month?
I’ll wait while you try and think of an answer……….
More on this in a few minutes.
How It Works
Before getting started with affiliate marketing there are a few things you’re going to need first and I’ll be listing these for you guys below.
First, you’ll need to think of something you’re passionate about and narrow this down to a specific sector.
It’s always better to start out narrow and broaden out as you need to.
Once you have decided on a topic and narrowed this down you’re going to need a website, hosting, some training, and a keyword tool to help you determine what your audience is searching for.
From there you would need to apply for affiliate programs from online merchants that sell relevant products within your niche (Topic of interest)
Once approved you’ll be given something called an affiliate link that you’ll need to place on your website in order to get credit for the products you sell.
Unlike recruiting schemes that charge you an astronomical fee just to earn the right to sell their products and services, you won’t need to pay anything to join these programs as this is a free service.
Whenever someone visits your website, reads your content, and is interested in learning more, they can click your affiliate link and purchase the product.
You will then earn a commission from each person who makes a purchase through your link.
Pretty sweet so far, wouldn’t you guys agree?
Getting Started
There is a boatload of places where you could possibly learn how to put all the pieces to this puzzle together but the majority of them don’t have your best interests at heart.
Instead, they would rather turn a profit by deceiving you and leading you in the wrong direction. Trust me, I have been down this road more than I would like to admit and it’s not a pretty sight.
After years of losing money on recruiting schemes and flashy MLM opportunities that didn’t work out for me, I eventually found Wealthy Affiliate.
Unlike these other opportunities that I’ve been involved with in the past, WA didn’t promise that I would make a thousand dollars overnight or that they would do all the work for me.
What they did promise me is that if I put in the hard work, time, and effort that it would pay off in the long run.
WA provides you with all the tools, training, help & support that is vital for anyone to get started building a profitable business online.
If you’re fed up with recruiting schemes that steal your money and leave you broke and you’re looking to find a trusted and proven way to earn a respectable living online, then I really think you owe it to yourself to see what WA can do for you.
I really hope this post has helped you guys out and has provided you with the information you were looking for.
If you have any additional questions or need a hand getting started please let me know about it in the comments below.
Cheers
~Scott~
Jasmin Akther
Hi Scott,
Thank you so much for sharing this information with us about MLM and why we should avoid the whole recruiting game.
For years I had tried recruiting and unfortunately lost way more money than I had initially paid into them.
I have tried everything from Herbalife MLM to AVON and even Partylite and still wasn’t able to actually make a profit after months of recruiting.
Thank you so much for taking the time to write this article about MLM’s as it has helped me out immensely.
I’m now following you and will be making frequent visits to this site to checkout more of your informative and helpful posts.
Scott Newkirk
Hey there Jasmin
You are most welcome and I’m so glad that you were able to find my website and that you found this information to be helpful. Like you, I had also fallen for a multitude of MLM recruiting schemes that promised I’d make $1,000 in my first week.
Little did I know at the time that I would need to recruit people into a scheme and show them how to do the exact thing that I did when I first signed up.
Needless to say, I ended up losing more money than I initially invested just like you so I know how you must feel at this time.
I have never tried Avon or Partylite, but I did try out Herbalife way back in the early ’90s before we had internet service and they did business through the mail.
I think I paid $500 for my business kit and back then we had to go door to door which is something that I’m not particularly fond of.
I never ended up making any money with this and I lost the $500 I paid for my starter kit.
Instead of looking at this in a negative light, I chose to use it as a learning experience and something that I’ll never get wrapped up with ever again.
You are very welcome Jasmin and I want to thank you for taking the time to read this article and for sharing your thoughts on it. Thanks so much for following me and please let me know if you have any other questions or need my help.
Cheers
~Scott~