When you tell people that you’re involved with a Network Marketing company, many will respond with things they’ve heard.  You might have people say, “Is this one of those pyramid schemes?” or “Is that one of those get rich quick things?”  There are many myths about the Network Marketing industry.  Here are four common myths debunked.

Myth:  Network Marketing is a pyramid scheme.

Network Marketing, or MLM, is different than a pyramid scheme.  Network Marketing is a business model that moves products or services and compensates distributors for product or services moved through their network.  It is completely legal.

A pyramid scheme, on the other hand, does not involve moving products.  A pyramid scheme involves paying money to be involved and receiving money from those you recruit.  No goods or services are received when people are involved in a pyramid scheme.  Pyramid schemes are illegal.

Myth:  Network Marketing is a way to get rich quick.

Network Marketers can and do get rich…the industry is full of rags to riches stories!  However, most people who become successful Network Marketers do not get rich overnight.  It takes hard work and dedication in order to become a successful Network Marketer.

Myth:  Most people fail in Network Marketing.

Many people join Network Marketing companies every day.  Unfortunately, not everyone who joins a Network Marketing company will become a successful Network Marketer.

The fact is, most people quit before they ever become successful.  They don’t put forth the effort and invest the time necessary to become successful Network Marketers.  There is a difference between quitting and failing.  The fact that many people quit doesn’t mean that Network Marketing doesn’t work.  It does work…but not everyone is committed to reaching the top.

Myth:  Anyone can be successful in Network Marketing.

Network Marketing is not for everyone.  While it is true that there is no prerequisite background for you to be a successful Network Marketer, there are qualities that all successful Network Marketers share–willingness to learn, determination to succeed, positive attitude, and many others.  People who are not willing to put time and effort into building a Network Marketing business will not be successful.