December 25, 2008

How do I sell a position in an MLM ?

Filed under Small Business by George

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Comments on How do I sell a position in an MLM ?

December 25, 2008

ken b @ 9:14 am

try advertising on the net or with a business broker

December 27, 2008

Via Bruce @ 1:14 pm

Your corporate office should have guidelines that will describe an exact process to transfer the position to another person. If you are earning this much money, It would mean that you have several people on your personal team that are also earning pretty well. Have you considered offering the position to them? They already know the business operation. They already have personal confidence in their ability to continue growing the business. Since they are already so well informed, they are likely to pay more than a total stranger. Even if you can't find a downline team member, you may find someone sideline in the same company.

December 30, 2008

v b @ 7:00 pm

So, you want someone else to buy your rights to the "residual income" in exchange for a lump sum of cash right now.

Will the MLM allow you to reassign your income to someone else?

Even if they will, I doubt anyone will be interested in factoring it for you.

January 2, 2009

Jennifer F @ 11:00 am

First off do your policies and procedures allow such a thing or are you going to offer this to unsuspecting people, get your money and laugh all the way to the bank.

The biggest question I have is that if this is actually residual income, it means you have done the work and will continue to collect your income without having to do any further promotion.

Logically questioning, WHY would someone sell something like that in the first place? Missionaries don't need money too? NO ONE in their right mind sells TRUE residual income.

This has got to be the most illogical question I have seen to date and smells greatly of a 'rat' dressed in missionary clothing.

January 5, 2009

Marcello @ 1:32 pm

There is no question you are only going to be able to sell any MLM business to another MLMer. With all the negative stigma with MLM, only one who believes in MLM will ever buy the business (obviously).

With that in mind, looking at your earnings and knowing it is an MLM position, you are going to have some serious explaining to do if you expect to get any money at all. That growth is not a good sign at all. The entire basis of MLM is to be growing, as compensation plans are set up for duplication and others to be recruiting the same way you have. If you are only growing from 32k to 60k in a three year span, than you have no even doubled the size of your organization in 3 years? So in your organization, you have not even been able to maintain having each person have a net gain of even 1 recruit in 3 years? I am sorry to say this, but to any MLMer honestly looking at this, that simply means that your organization is having to do a LOT of work just to maintain itself, let alone grow. In MLM, growth is key, if you are not growing, you are in big trouble. You earnings suggest you are hardly growing at all.

You have also stated you have guaranteed residual income. First of, using terms like guarantee in any business is not a good idea. You know your income is only as good as the sales from your organization. If a competitor offers a better price, or a better compensation plan, or your company goes under (or any of thousands of problems MLM companies often encounter) your earnings are as good as gone.

Let's also consider that MLM is only driven by growth, because if the people on the very bottom level are not also growing, then they have no reason to stay. If they leave the company, then the second from bottom level will have no reason to stay…and so on all the way up to your level. Again, back to your numbers, there is no sign that your organization is growing…more specifically, there is a lot of indication that without YOU in the organization, it will dwindle down to nothing very quickly.

Based on what you have stated, I suspect the ONLY one who would pay you any money would be someone in your upline, because they are familiar with your organization. Keep in mind however, they are already receiving a lot of compensation from your efforts anyway, so that will affect their willingness to pay much.

With all due respect, based on what you have said here, I cannot imagine you getting more than a few thousand dollars from your upline…hardly worth not doing the 2 sales you require per year. My suggestion would be that if you believe the business is as easy to operate as you suggest that you simply need to hire a salesperson to do your two sales a year and maintain your business, the same way many conventional business owners choose to retire. If you don't think this is possible, then I would question whether your business is stable at all. Sorry to be a downer, but there is no use in having unrealistic expections.

All the best.

January 6, 2009

monika s @ 6:35 pm

contact your MLM personally and ask them that you want to sell your ID and they will put value on it and if its agreeable to you then sell it otherwise its your choice

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