Top 10 Considerations When Choosing An MLM

I’m on a Top 10 roll right now.

MLM and network marketing often get associated with scams.  Some of them are.  Many more of them are legit.  The tricky part is choosing one that is the right fit for you. The most outstanding MLM company could fall in your lap tomorrow, but if it’s not the right match, you might end up feeling burned in the end.

Here’s a list of the top 10 things to consider when choosing an MLM company for network marketing.

10. Who You Gonna Call?

Other than the person that signs you up, who can you talk to?  Is there technical support for the website?  A member’s forum? Is there a team of people you can call for marketing, leadership and member support?  Having access to a high level support shows a company’s seriousness to maintain its existence and dedication to your success.

9. History In The Making

90% of marketing companies fail in their first 2 years. The company you choose should be around for at least 5 years.  If they’re not, then look at the company founders and CEO. Where did they come from? Do they own other businesses? Do they have a successful track record?

8. KISS,,, Keep It Short and Simple

Compensation plans can be complicated. If you don’t understand the plan before you sign up then don’t join that company. You will be responsible for explaining it to anyone you sign up. Even if you master the understanding of the company’s compensation plan, your distributors still have to understand it!

7. Show Me The Money!

The payout of commissions should not rely on a qualification process.  Commissions should not have to be passed up to your sponsor during a probationary period, nor should you have to wait until you have a qualifying amount of distributors under you before you can be paid.  Your cash flow should have potential to be immediate so that you can fund marketing and expansion of your business. It also allows you the flexibility to keep your full time job and use your limited time efficiently.

6. Product, Product, Product

Just like Real Estate says Location Location Location.  The product has to be able to survive on it’s own, meaning is it something that people would purchase if it wasn’t attached to a business opportunity. The product should be unique and without a ton of competition. There are TONS of companies selling juice and vitamin out there, those products are not unique anymore.  The product should be something that people will be purchasing for years to come so avoid trendy items that are just this seasons fad.

5. Back To School, Back To School,,,,

Training and education is invaluable in this industry and a forward thinking company is going to provide you with top training and tools. The first company I ever signed up with offered “training” that consisted of a 3way call with my “leads”. In other words, I gave a list of my friends and family to my sponsor and they called all of them while I listened in.  Obviously this is not training. Look for live training webcasts, forums, recorded “how to” videos, examples, live Q & A calls, and a support center.

4. It’s a Techie World

The company should be taking full advantage of technology and have a system in place that anyone can plug into and start generating leads and income immediately.  The company should offer customizable webpages and the ability for you to brand yourself and not promote a generic page.

3. Pay It Forward

A company devoted to giving back is looking to stay in business long term.  They focus on providing value to the community and all of society.  Their primary concern is not becoming a bunch of filthy rich millionaires with a mansion and a yacht.  The leader of the company should be someone that understands true wealth is taking responsibility for the good they can accomplish in the world.

2. Too Hot For Teacher

The person you sign up with should be a leader and someone that you can connect with and will mentor you.  A sponsor is someone that will mentor, guide, and teach you.  A recruiter simply sees dollar signs for themselves in you.

1. Just Wanna Have Fun

You HAVE to like what you are doing and find it fun.  This isn’t like any other job that is just a temporary means to money.  This industry is a totally different mentality and requires a entrepreneur mindset.  You are in business for yourself and don’t answer to anyone else, so if you don’t like it and have fun with it, you aren’t going to do what it takes to make it work.  Don’t fall for the “overnight success” stories, there was work involved to get to that point, but those people enjoyed it and that’s why they made it big.

Sharing Is Caring, if you enjoyed this post and found Real Value,
share it with others and leave your comments.