Would you consider yourself a good salesperson? Is chatting with clients something you look forward to doing in your free time? The good news is that you can sell anything, including knives if selling is your thing or you are skilled at it.
You may still apply even if you are a student (there are a lot of high schools and college students who are sellers). First, I’d like to introduce you to Jim Stitt and his business, Cutco. It’s a very well-known multi-level marketing company in the United States.
MLMs like Jim Stitt are a bit of a mixed bag. They CAN be a legitimate way to make money, but some have a reputation for literally ruining people’s lives – so it’s important to know what you’re getting, since each one is unique.
Like most of my readers, you were probably introduced to this one via a friend or some influencer you trust online.
And it makes sense why so many people recommend them:
Making money outside of a 9-5 can be… life-changing, to say the least.
So in this article, I want to help you explore two things:
- If MLMs are actually a worthwhile business to pursue
- If Jim Stitt is a worthwhile MLM
Before that, I want to clear the air on something.
There are A LOT of people out there who bash all MLMs in any form. I’m not one of those people.
Instead, I want to genuinely educate you about them so that you can make an informed decision on how to proceed.
If you’re unfamiliar with what MLMs actually do:
They’re businesses in which you pay money to a company for the ability to sell their products.
Sometimes the products are actually kind of decent (I still remember my mom throwing Pampered Chef parties when I was younger).
Other times the products are really poorly made and come with a high price tag.
Typically, the only way to really make money is to get people (mostly friends & family) to sign up with you for a recurring subscription.
If the product is 100% legitimate & valuable, it’s entirely possible to get people to sign-up and continue paying you.
If the product is subpar, you’ll usually burn those bridges kinda quickly and end up with $0 coming in each month.
The biggest issue I’ve seen is that this puts significant stress on your personal relationships, as you’re reliant on selling to your “network.”
Think about it: if you KNEW that every time your friend Sally called, she’d be trying to sell you on one of her products… you’d eventually stop answering Sally’s calls.
Now, this doesn’t mean MLMs are outright bad… it means you need to know what type of MLM you’re getting yourself into before you sign up.
Again, some MLMs provide real value to people, but MOST don’t – and so in this article, I’m going to explore the case with Jim Stitt.
But before that, I want to ask you a question: what if there was a way to build actual recurring, semi-passive income?
- Doesn’t have inventory
- Doesn’t make you sell to your friends & family
- Doesn’t force you to recruit people onto your “team”
Something that you could make anywhere from $2,000 – $10,000 with consistently, month after month?
A stream of income that you can build as high (or low) as you feel like building it?
If that sounds interesting, you might want to think about becoming a Digital Landlord.
If you wanna see what Jim Stitt looks like on the inside, keep reading.
What Is Cutco?
The knives sold by Cutco (formerly Alcas Corporation from a joint venture between ALCOA and Case Cutlery), a multi-level marketing company, are of the highest quality. It’s already a well-recognized name in the United States, predominantly selling knives through direct sales. Their advocacy aims to improve people’s lives and put them first.
Cutco had hundreds of these independent direct sellers in its early days. Vector Marketing was one of these vendors.
We all know that in the MLM industry, to earn a really high income, one must be able to invite people to join for bigger potential earnings. That’s how networking works. Apart from ensuring that the products are high-quality and affordable, it’s important to develop your personal growth as it depends on relationships with people.
Who Is Jim Stitt?
Cutco‘s president and CEO are Jim Stitt. He was born in New York but relocated to North Carolina to become a plant manager. He returned to New York to carry on the family company, devoting his energies there for decades before emerging as a global powerhouse.
He instills “people first” value to all – from their sales team to their members, employees, and customers. Having such values helps create fortunate events for everyone to be in a win-win situation financially and business-wise.
How Is It Beneficial?
You may be initially skeptical that selling knives from Jim Stitt can make you rich, but consider that everyone needs at least one knife and that there are millions of households in the United States.
Basically, selling knives benefits most people and you as a businessman because you will have the potential to earn a lot through it, especially if you’re a good seller.
How Much Is The Cost?
If you go to Cutco.com, you’ll see a website that directs you to an email address where you may ask questions regarding their shipping.
Neither Google nor I could find any information on the topic of how much it costs. Instead of calling, you may contact them by email if you have questions about Cutco products or want to buy Cutco knives.
Do You Recommend Jim Stitt Cutco?
If you’re excellent at selling, Jim Stitt’s Cutco is a terrific place to work since you can sell whatever there is to offer, including kitchen knives! Thus, a step in the right direction. However, Jim Stitt is undoubtedly an MLM industry specialist, as seen by his impressive accomplishments, suggesting that even a beginner may achieve remarkable success in sales and marketing.
I can’t say that Jim Stitt is the best MLM CEO because there are a lot of great MLM CEOs worldwide, but all I can say is that he is an inspiring leader, having achieved success on his own. I also like that he instills values in everyone so that selling can turn into something enjoyable… so that selling can turn into passion.
Are There Alternatives To Cutco?
Yes, there are plenty of MLM companies to choose from if you want to pursue this business model. Here are just a few:
Is Jim Stitt A Scam?
So, time for the $1,000,000 question: is Jim Stitt a scam?
No, not technically. They aren’t going to run off with your money and not give you what you paid for. It’s 100% possible to make money with this program.
That being said, it’s not nearly as simple as they want you to think it is.
There’s A LOT of work to be done upfront and no guarantee that you’ll be successful. The commissions are also fairly small.
Don’t get me wrong, I’m all for doing hard work now, so that I can reap the benefits later.
But if you’re going to work really hard for 3 months, and your reward is a $100 check… it’s not really a great opportunity.
If I’m gonna do that, I want the rewards to be HIGH and virtually guaranteed.
I’d rather put in that same 3 months of work (in my spare time) & build a handful of Digital Rental Properties that each produce $500-$2,000 checks every single month afterward (AKA recurring income).
And the cool part is that you can do it in a lot less time than 3-months (I personally did it in my first 2 weeks of being a Digital Landlord).
Unlike MLMs, you can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is an internet connection.
Some of my friends are Digital Landlords that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
What Is My Top Recommendation To Make Money Online In 2022?
I’ve personally tried all of the major online business models:
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
I’ve also been on the other side of old friends trying to sell me their fancy new MLM products.
That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
Ownership & Control: With MLMs, you don’t really “own” anything – everything belongs to the MLM.
If you read the contracts, they can kick you out or change your commission at any time (it’s happened recently in a few high-profile MLM cases).
Why pour your soul into a business that could be taken away from you at the drop of a dime?
When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control.
Big Margins: With MLMs, you’re often going to have really slim margins. That means you need to have a VERY large network to make serious money. This usually entails spending A LOT of money on ads and other methods for recruiting members.
Being a Digital Landlord, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best-case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with an MLM, you would need to sell twice as much inventory. And I can guarantee you, that’s a lot harder than a few clicks & a phone call.
You’re Helping REAL People: My biggest gripe with MLMs is that you’re likely going to ruin your personal relationships.
The MLM may have convinced you that you’re actually helping people, but it’s often not really true.
But when you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other MLM programs like Jim Stitt, which might make you money 12 months from now.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.