Becoming part of a health MLM as an Independent Business Owner (IBO) can seem like a great way to get help start a side hustle. Many companies in the health and wellness field promote products like supplements, self-care products, or fitness plans. But is it really the best path? Let’s look at what it’s like to join as a health MLM IBO.
What Does a Health MLM IBO Do?
As an IBO, your job is to offer goods and recruit people. You can make money in two ways:
- Selling Products – You get a commission for each product you sell to clients.
- Recruiting a Team – If you sign up others, you can make commissions when they make sales.
Good Things of Joining a Health MLM
Work on Your Own Time
Being an IBO allows you to work when and where you want. It’s great for people who want a side hustle.Residual Income
If you recruit active sellers, you can get paid from their sales even when you’re not active.In-Demand Items
Many health MLMs carry products that people like, such as natural skincare.Personal Growth
Health MLMs frequently teach you how to sell and grow your skills.Teamwork
Many IBOs appreciate being part of a group that shares advice.
Downsides of Being a Health MLM IBO
Startup Costs
Most MLMs need you to buy a starter kit, which can range from $100 to $1,000. You may also have to buy products monthly.The Need to Build a Team
While selling items can earn you money, MLMs often focus more on building a team. This can feel uncomfortable for some people.Hard to Make Money
Many MLMs publish that only a few people earn big money. Most IBOs make little compared to their effort.Too Many Sellers
With a ton of people selling the same items, it can be challenging to find clients.Reputation Issues
MLMs often get bad press, and health MLMs in particular are criticized for false promises.
Tips for Thriving as a Health MLM IBO
If you are thinking about being an IBO, here are some tips to improve your chances:
Pick the Right Company
Research different MLMs and select one with good reviews.Focus on Sales
Stay away from just recruiting. Building a list of clients can be more reliable.Set Realistic Goals
Keep in mind MLM success isn’t instant and won’t make you rich overnight.Grow Your Network Online
Share your product experiences on Instagram to reach more people.Learn Constantly
Take courses and listen to podcasts about leadership.Operate Transparently
Don’t make false claims. Be open about what it involves.
Is Being a Health MLM IBO A Good Idea?
Becoming part of a health MLM can be exciting if you are passionate about health and don’t mind sales. But it’s also important to be aware of the downsides.
Ask yourself:
- Do I believe in the products I’ll sell?
- Am I ready with recruiting people?
- Can I afford the upfront expenses?
- Do I have the time to make it work?
Final Thoughts
Health MLMs provide a chance to start a business while promoting self-care. But making it takes time, and it’s a challenge. Learn as much as you can, connect with people who have experience, and decide if it’s right for you.