Want to find the best MLM business around the world by an internet? This question is always ask by people that want to start MLM business to get extra income for their live. This allows a tremendous amount of companies to pop up all over the place, and open up their doors to new distributors. There are literally tons and tons of new companies showing up all over the internet.
This is why I wanted to take the time to tell you, and show you how to identify legitimate MLM Business Opportunities. This will allow you to be confident when you look around at different opportunities, and will help you choose the one that you can call home for the next 5 to 10 years.
There are 7 things I want to go over with you here:
1. What track record does the companies have?
This is such a major thing to look out for. You want to be sure you are joining a company who has a solid track record, not only of sales, but also of integrity. You need to find out who the owners of the company are, what’s their business history, why did they chose to start the company, have they ever been actively involved in the MLM industry.
The last thing you want to do is: join a company that was founded by a couple of corporate executives, who are only looking at spreadsheets to decide what their next move is.
Make sure the founders of the company have a love and respect for the Network Marketing Industry. This will give you piece of mind because you will know they have a love for the industry and they will not shut down the company overnight without warning.
We have seen this happen before, and it’s not cool. Imagine working your tail off for the next 3 to 5 years to where you are able to enjoy a nice residual income, and without warning the company decides to change their business model and stop distributing via Network Marketing… Like I said, not cool.
2. How many years has the MLM Business Opportunities your looking at been in business?
This is a ‘catch 22′ question to me, let me explain why. We are all familiar with MLM giants like Amway, and Herbalife. These companies are not going anywhere, they are solid companies who have been around for many years, and are doing billions of dollars in annual sales. You can be sure that if you join one of these two companies you won’t have to worry about the company shutting down overnight.
But what about companies that are less than 5 years old? Should you even look their way? I think you should.
Again, it goes back to point #1, ‘What track record does the company have?’ If the leadership in the company is strong, and you can prove that the founders are persons of high integrity who have a love and appreciation for this industry, then it might be a new and upcoming MLM Company giant, and you have the possibility of being one of the founder distributors, which will give you the opportunity to build a huge business.
3. Can you get a physical address and corporate number that you can call to ask more about the companies?
If you can, you should contact the company to see how their customer service treats their customers. You will depend on the company’s Customer Service Department to work with your new distributors, and customers with any product ordering questions they might have. It’s a good idea to find out if they have good customer service, and that they are only a letter, phone call, or email away.
4. What type of product are they promoting? Can you get excited about the product?
This is the most important factor in the equation. After you have established that you found a solid MLM Company, the next thing you must do is look at the product line. Is it something you can use on a daily basis, can you get excited about it, will you personally use the product? If you can get excited about the product, and if you will be a loyal user, then it will be easier to promote and market it.
5. Can you justify the up-front cost of joining the business?
Depending on what type of product the company sells, you can determine if the up-front costs to join makes sense. If they don’t, don’t be afraid to question the presenter as to why the price is what it is. Whoever is introducing you to the company should be able to explain this to you. If he can’t, politely thank them for their time, and get out of there as fast as possible.
6. Get paid on time!
Assuming that you know what you have to do to generate a check, ask how often you will be compensated for you production. A reputable company knows the importance of making sure they’re distributors get paid on time.
7. What type of training do the companies provide?
This is a biggie. Building a Network Marketing business is not something that is taught in school. Between 90-95% of new distributors coming in the industry have no clue what it takes to build a business, which causes them to fail. This creates a major problem because there are too many uneducated wanna-be marketers teaching others how to build a network marketing business when they themselves don’t even know what they’re doing.
You want to make sure you are able to leverage off the success of the top producers, and at the same time build your marketing skills so that you too can reach the level of success they have.
I hope these 7 tips will help make sure you are looking at legitimate MLM Business Opportunities. Make an educated decision when choosing your MLM business.
Don’t let nobody pressure you to join any business opportunity if the above guidelines are not met during or after the presentation.
Keep Learning & Applying, Keep in mind, to succeed in any type of Business Opportunities you’re looking at, it comes down to having a basic understanding of marketing. To further enhance your knowledge, and to increase your chances of succeeding in your new business venture you will want to have an Online MLM Marketing Strategy. I’ve been using a system that has tought me the right way to market online.
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