With Many People Asking About Gold And Silver Multi Level Marketing Business Opportunities, This Is What You Should Think About
With Many People Asking About Gold And Silver Multi Level Marketing Business Opportunities
, This Is What You Should Think About
Why A Bullion MLM Business Opportunity Makes Sense
Over the last century, the US dollar has lost over 95% of its purchasing power. I mention the US dollar, because, at the time of this writing, it is the world reserve currency.
When you look around, what do you see? I see:
1. Job losses
2. Real Estate Foreclosures
3. Businesses going down
4. People becoming insolvent
5. Countries going into record deficits
6. Stock markets crashing, losing people a lot of hard-earned cash.
Currencies have come and gone, but gold and silver have always been constant. Most (if not all) global economies are based on debt, so a true hedge against inflation becomes necessary. Ultimately, all debt-based currencies lose their value with each year.
With savings and pensions losing value, a lot of people are not prepared for retirement. At the same time, many people are looking for time and financial freedom.
Network Marketing helps people earn money though their own efforts, as well as the efforts of others. You also potentially can earn residual income through business ownership, and you get to make money by helping others.
A gold and silver MLM business generally offers a savings-based model, as compared to other MLM companies, which have a consumption-based business model.
If you didn't know it, smart people buy real, tangible assets, and I don't know of any smart person who could ever have too much of bullion.
The Ideal Silver And Gold MLM Company For You
If you do your research, you'll find that there are many different bullion Multi Level Marketing companies out there. A few of these companies include:
1. KB Gold
2. Numis
3. Younique Wealth
4. Silver Snowball
5. Preservation Of Wealth
6. Xag
7. International Silver Network
These gold and silver Multilevel Marketing companies will undoubtedly have different products, systems, leaders and compensation plans.
Why Are YOU Getting Involved With A Silver And Gold MLM Business Opportunity
Is your intention to buy your silver and gold at a low price, with the hope of selling it much higher? Maybe your interest is numismatics and you're looking for a opportunity that's centred on numismatic coins? Perhaps you are interested in long-term wealth preservation, with a focus on silver and gold?
The reason you want to be involved with a silver and gold Network Marketing business opportunity will help you narrow your focus on the particular gold and silver company you should be dealing with.
Factors To Consider When Deciding On A Silver And Gold Home Business Opportunity
When deciding on a silver and gold home based business opportunity, you should look at some aspect of the opportunity. We will look at those factos below, to help you focus on the gold and silver home business opportunity that's aligned with you.
#1 Determine The Products That The Company Sells
A deeper scrutiny of the products will help you in determining the company you would want to associate with, and your reasons for associating with that company. Apart from the gold and silver products, are there any other products that the Multilevel Marketing company offers its customers and reps?
The main concern, when it comes to products, should be about ownership. If, you're focussed on long-term wealth creation and preservation, then the issue of ownership is something you may want to think about seriously.
Some gold and silver Network Marketing businesses are distributing government-issued coins. This means, the government that issues the coins is the owner of the coin, and you, as the Network Marketing entrepreneur, are the legal bearer; you do not own these coins in any way (no matter what you say or think). If you believe you are the owner, try melting one of these coins in front of a representative of the government.
The Network Marketing Business's products should also be the company's primary income source. If this is not the case, then you should be concerned.
Compare prices with other Multi Level Marketing as well as non-Network Marketing gold and silver dealers and distributors. Is there potential for profit on the products? This backs up the pay plan.
Depending on the silver and goldHome Business you are looking at, you will find that the products could be graded coins, gold and silver non-numismatics, and ordinary silver and gold products.
When you know and understand the differences between these different types of products, you gain understanding into exactly what you are getting into.
Different silver and gold products will appeal to different Network Marketing entrepreneurs and different markets, so do your homework and understand the products you will potentially be selling. Bullion value is based mostly on:
1. Precious metal content
2. How rare the products are (this applies to collectible and numismatic coins)
3. Condition (again, this applies to numismatic coins)
4. Collector demand (this applies to numismatics)
The products and their quantities should also be liquid, i.e., easily tradable for currency. The wider variety of product quantities being sold, the better off you are.
If there was no opportunity to make money, would you still be interested in the products? Maybe this is one of the most important questions for you to ask yourself as well.
#2 The Multi Level Marketing Business's Leadership Is Important
The leaders of an organization determine just how successful it will be.
What experience do they possess in their field, and what MLM background do they have?
Through good leadership, you can be sure that the organization will have good ratings with a 3rd party Multi Level Marketing industry observer, for example, The BBB, The Direct Selling Association, etc.
#3 - The Comp Plan Detemines How Successful You Will Be To A Great Extent
Your success and that of your team, hinges on a powerful and achievable compensation plan. The key to building a solid bullion Multi Level Marketing organization is high retention, and you can only achieve this with a pay plan that encourages high retention.
#4 - What Training And Wisdom Will You Get As A Gold And Silver Multi Level Marketing Business Owner
It's ok to receive silver and gold, and the platform to market them, but you need knowledge and wisdom. You need to determine what training you will receive:
1. About the products themselves
2. About sponsoring and recruiting MLM Reps into the business and marketing the products.
Ensure other people are finding success with this training, and it's something you can resonate with.
#5 - How Much Does It Take To Operate Your Gold And Silver Opportunity
What you should try to avoid is a bullion MLM business opportunity that makes money out of you and delivers less in product and value. The company's primary income shouldn't be from representatives joining the company, but rather from actual product sales.
#6 Does Your Business Have A Solid Marketing Plan
The key to success with any Multi Level Marketing business opportunity is to follow the marketing plan and system, and it must be simplistic, yet powerful. This is a business of leverage, so your resources should be utilized accordingly.
Finally, it's also important that you consider the Multilevel Marketing Company's buy-back policy. Worst-case scenario, do they give you a strong buy-back guarantee, and is the price competitive?
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With Many People Asking About Gold And Silver Multi Level Marketing Business Opportunities, This Is What You Should Think About Anaheim