The Easy Way To Choose The Very Best Mlm Opportunities
You've read a ton of ads online, sifted through piles of magazines and you've talked it through with friends.
It definitely seems kosher, everything checks out ok and you're happy. So, mind at rest, you've decided to try your hand at this network marketing thing and you are now looking for the right opportunity.
The questions for you now are, which are the best MLM companies and how do I choose one?
So far you've considered everything, but bear in mind as you're looking through all the hyped-up sales pitches and profitable goodies on offer that what's "right" for someone else might not necessarily mean it is "right" for you. One fit doesn't suit all, so think about it carefully.
Also, when reviewing your options, consider the likely motives of the people who are urging the "best". Are they really that impartial? Do they have some interest in one or more of the companies they are pushing? Seriously consider this point.
Don't get me wrong here. I'm not saying be suspicious of everybody involved in MLM. On the contrary, there are many brilliantly successful MLM opportunities around that may just be what you're after and many genuinely upfront and impartial reviewers.
The point is to do your homework. Also, whatever you choose must fit comfortably with your personality. If it's not there will always be some dissonance and it will never work for you.
For example, I once tried to sell a rather expensive range of women's lingerie. Now, seriously, do you think a young guy with a big nose and skinny legs knows anything worthwhile about women's lingerie? Not surprisingly I bombed.
Also, it must be business you could happily explain to your mother and neighbours without feeling self-conscious or red-faced with embarrassment. I failed on that score too.
Ok, with that said, here are some very general criteria you can use to judge which MLM best fits with you.
First of all, has it been in business for a while? Since being endorsed by the rich and famous like multi-millionaires Donald Trump and Robert Kiyosaki, MLM is now respectable and definitely mainstream. So, new types of MLMs are cropping up every day. This is not necessarily a bad thing, and many people prefer to get in on the new launches because they feel that they can make more money this way.
However, exercise a little caution because the newer the business (any business), the higher the risk of failure. I would say a good benchmark to use would be five years.
Pick a company that sells consumable products or services.
Next, it's important to avoid an MLM that sells products so well made that they will last forever. Why? Because you'll find you have to work a hell of lot harder to make money in the long run with a one time sale, even if it produces a high profit, than with an MLM that sells products which must be continually replaced. Repeat business is the key.
Also choose an MLM which markets interesting and unusual products and services that needs you, the distributor, to sell it. A company that sells boring everyday products you can find most anywhere will not do as well as a company that requires a little interaction between you, the seller, and your prospect, the buyer.
"Show Me the Money"
Last, and most importantly, you do want to have a general idea of the compensation plan of the MLM that you want to join. In other words how much do you get paid and how often do you get paid. Remember, you're in this to make money so make this a priority.
The money side can seem a complicated topic as there are many types of compensation plans. But I wouldn't be over concerned here. You can do well in any type of compensation plan.
However, if you think you'd prefer to sell only the products, you might want to choose a compensation plan that rewards you more for the sales of the products than one that rewards you more for bringing in other distributors under you.
by: Kevin Thompson
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