Choosing The Network Marketing Company That’s Suitable For You
Owning a network marketing business can be one of the most rewarding accomplishments of your life. One of the things most people fail to realize when they “sign up” with a network marketing company, is that they are becoming an independent business owner, as well as part of a team.
There are numerous and attractive network marketing companies to choose from. You are presented with choices such as promoting kitchen and household products, travel companies, cosmetics, jewelry, health and well being products, Gold and Silver…and the list goes on. Recognizing and choosing the opportunity that’s right for you, is like writing your own paycheck.
If you are looking to create real residual income…choosing the wrong company, can be like committing financial suicide.
There are numerous things to consider when choosing an MLM. Here are just a few of the Key points:
Company History and Statistics
How long has the MLM Company been around?
If the company is just breaking into the market, they obviously don’t have a proven track record. That’s not to say the MLM isn’t headed for success. If you’re determined to proceed with a brand new MLM breaking into the Industry…see who’s running the show. Investigate the founding team who originally created the MLM. If they have a solid track record as a network marketing leader in a previous MLM, chances are the Company will develop into a reputable one.
What is the Network Marketing Company’s retention rate?
Does the company boast a high retention rate, or do people drop off the MLM company radar after a few short months? If the company cannot hold people in their business, there is an unidentified underlying glitch. Holding onto your downline will be like pouring water into a leaky bucket.
Compensation
What is the Network Marketing Company’s compensation plan? Does the plan reward for correct behavior? Is the plan designed to create long term residual income…or is it designed to only allow for part time income? Can you open more than one business center? Does the company cap out your income potential…or do they allow you to go on to become a millionaire?
Some Network Marketers are fooled into believing they have joined the best business, because “there is no autoship, or nothing more to buy.” Rest assured…your commissions will prominently reflect just that.
Education and Your Upline
Does your upline have a reputation of great leadership? Does he/she have your best interest at heart… or are they simply making random phone calls and running through the streets playing the ever so unpopular and detested sign up game? Did your upline ask you what your goals for the future were? Are they interested in what you need…or do they flash around pictures of fancy cars and their big bank accounts to entice you? If they are trying to entice you…there’s a 99.9% chance the only interest they have…is making a chunk of money for themselves by “signing you up.”
A true leader with your best interest at heart will put your needs first, and leave theirs on the back burner.
They will also take the time to train you properly, so you can produce true residual income for yourself as well as for your team.
At The End Of The Day
It’s crucial to do your homework before you join a Network Marketing Business opportunity. You are creating a business, built around you. You want to be able to create an endless stream of residual income for you and for your family.
Your upline’s success will never guarantee your success. In order to achieve the same success and commissions they are receiving…you would have to recreate and duplicate every single move and business step they took since they began, in order to get there.
And last but not least…be ready to build a business. Before you sign on the dotted line, remember…your welcome package does not include a snazzy successful business building blow up doll.
The business is yours to create…make it something to be proud of.
