The Top 10 Characteristics That All MLM Companies Have In Common
What makes people get going with one of these mlm companies
?
A fair number of business owners were brought into this line of work via an acquaintence. Perhaps it was a family member. They got invited to a meeting or prospected some similar way. The person that invites them to join them in business is very excited and usually brand new themselves. Their enthusiasm is contagious. The prospect's decision to get involved is based on emotions.
Before signing up with one of the thousands of mlm companies out there you must be sure to company is legitimate.
Check out this checklist you can take and run the next mlm company through. Use it to see if yours is a good one or just another one of the many mlm companies out there that are not honest.
1. Do some basic detective work.
Check out the mlm company's website. You're looking for a street address and actual phone number. If both of these aren't there then don't join. Also, drive by the address given using Google Maps. maps.google.com/help/maps/streetview/ If the building is a trailer steer clear of this business!
2. Stay away from MLM Companies that won't take a credit card.
Don't sign up for auto-debits from your bank account. Use a credit card for all purchases.
The company should offer a money-back guarantee of all purchases up to 90 days.
3. Evaluate the mlm company at compete.com
If they only get 2000 visits or less, and it shows a downward trend then don't join!
4. Red Flag mlm companies that require more than $500 to join.
More than twenty-two states call for a registratiion if the initial investment is greater than five-hundred dollars US..
Good mlm companies let you return the products for partial or the full amount of your money back.
5. Do a search with the BBB in the city where the mlm company is located.
Here's a link to do an advanced search with them . . . search.bbb.org/SearchForm.aspx?mode=Business
If they have more than four unresolved complaints then don't get in with them.
6. Try their products before doing business with any of these mlm companies.
Don't listen to the promise of riches. Rather make an informed decision.
Eat, drink or use the product, and then be able to sell it.
It's worth the investment to spend some money if needed to accomplish this test.
7. Read and understand the contract.
It should not exceed fifteen pages.
They can back anything in the contract up in court.
Be sure you get the contract fully expained to you.
8. Get a copy of the pay plan and analyze it.
Find someone with knowledge of mlm companies to help you if you don't get it it.
Ask many questions.
9. Does the mlm company provide sufficient support?
Accurate payment of earnings?
Products delivered correctly all the time?
10. Can you market their stuff?
Are they consumable? This gives monthly usage and creates residual income
Are they exclusive to that company?
Do you enjoy them?
Can you get enthusiastic about the products and move them?
You now have some ammo to use against the mlm companies. Take this information to analyze your next opportunity. If the company has these characteristics then it's a winner.
At the end of the day the mlm company you pick has to fit with you personally. For example, if you're not into health and fitness then don't join a vitamin company. If the company fits you and passes this list then go for it!
Achieve massive success.
The Top 10 Characteristics That All MLM Companies Have In Common
By: Steve Dooley
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