The truth is that MLM also known as network marketing and MLM is a vehicle to create passive residual income. But a big debate has always been can you successfully build more than one? And if so, why would you want to.
Many experts say to only do 1 MLM and not many as you will become distracted and won't be successful. And I agree with that philosophy. You wouldn't buy a McDonald's Franchise than go and buy a Subway Franchise and try to build them together at the same time. But after you get the McDonald's Store in profit and have a good management team - your time at that one location becomes less valuable. Its the same in network marketing, but must be careful in promoting products or services that compete with each other as this could make it difficult for you to legally keep your current distributorship.
We all have been made aware of the subject of Multiple Streams of Income and I think many in The Network Marketing Industry confuse this with Multiple Network Marketing Companies. Yes you can build more than one company, but you better build 1 first, before you start to build another.
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