There are a lot of companies with a buy-in close to $500.00. Several other companies are considered “high-end” and can cost upwards of $2000-$3000 or more to join. However, I know there are also a lot of people looking to build their MLM “on the cheap” with little or no start-up capital. What are the best MLM companies to join on a budget?
I guess the first thing we need to do is define what a “cheap mlm” company is. We’re basically talking about a company with a low start-up cost and a minimal monthly investment. These low-cost network marketing companies may seem like they are better than a more expensive company, but that’s not always the case.
It’s a lot like hunting. You can hunt small, abundant game like rabbits, or big game like bears or even elephants. You have to shoot a lot of rabbits to keep your belly full, but you see they are abundant and easy to kill. Or, you can go for the big game, where one kill can keep you fed for months. OK, I know this is kind of a lame comparison, but I think you get my point. If you’re going to try to make a living in a low-cost MLM company, you’re going to have to do a LOT of recruiting to keep the checks coming in.
One company with low start-up costs is Herbalife International, and I know there are many others. Herbalife allows you to get started for as little as $50 per year. However, you’re going to be expected to purchase and use the products, but that’s probably one company you could consider.
Personally, I’m not involved in Herbalife, but it came to mind as I was writing this article.
You might also consider building your funded proposal FIRST instead of building your MLM company. A funded proposal (read more about that here) allows you to fund your advertising by selling low-cost tools to network marketers. Once you build up some income by selling tools and training, you can then leverage part of that money (along with your newly acquired list of MLM reps) into a company with a larger buy-in.
By selling low cost products tied to a middle-of-the-road MLM (around $500) you can actually have the best of both worlds.
Check out my awesome funded proposal system over here.
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