Deciding Which MLM Opportunity to Join is Straightforward
Whether you are a network marketing pro pondering a change, or a soon-to-be network marketeer, you want to make a choice between the masses of network marketing companies out there.
Most people choose their MLM company for the incorrect reasons. Usually because their friend or member of the family introduced them to it, and NOT because they actually did their homework. But does that make it a sensible choice? Probably not.
By joining a network marketing company, you're beginning your own business. Yet it's amazing how few actually stop to work out exactly what it will take to be successful in their new venture.
The Giant Network Marketing Gotcha
Every network marketing company will tell you that theirs is the best. And they are good at making you believe it! Best comp plan, best products, ground floor opportunity, whatever their angle is.
So , how do you pick which company when all of them sound so fantastic?
You Want To Make Money, Right?
If you're in network marketing as a past-time or simply to humor your friend who got you involved, then it's of no significance which company you pick.
HoweverBut if you need a business that earns cash you want to discover a network marketing company where you may achieve that goal . This is vital. There isn't one single best network marketing company for everybody.
Let's Cross Out The "No's" First
I'm not telling you not to join any special company. But I'll give you some alerts to think about.
Startups: Often called “pre-launchâ€, they sell you on the idea that you’ll be in at the top if you act now. It is tempting. But hundreds of new companies pop up every year and the majority fail. So, how special is that pre-launch company? Really, they are unproven, untested and therefore risky. You simply have an enormous chance that all your hard work will go straight down the drain.
Hype Products: Some products just credible. Others will be short lived just due to their nature (many technology products fall into this realm). What happens to a company when their product is no longer relevant? It in all likelihood won’t stay in business, and again, your paychecks end.
Limited Market Products: While not automatically a “no†criteria, you might want to look at whether a product with a limited market is smart. For example, a product line entirely for men will eliminate half of your potential customers. It is something to look at.
The Key Factor For Selecting Your MLM Company
Ready? The right sponsor. Period.
Nothing else will matter more, or perhaps close.
The right sponsor is not necessarily any person who's made money. Just because they made money does not mean you will. And, sadly , it's rarely your cousin, brother or mate who just joined last week and was excited to signup you.
You need someone that knows ways to teach you to earn money. You need a mentor and a coach. Few folks in network marketing do this! Most sponsors, even those that are making money, just parrot the same old talk to their downlines, explaining why most network marketers fail.
This will be your most critical choice in starting your business. So do your preparation. Find a sponsor who can, and will, coach you in online network marketing methods and systems, if you need to cultivate a successful organization.
In the end, find a professional mentor and follow their advice!
Whether you are a network marketing pro pondering a change, or a soon-to-be network marketeer, you want to make a choice between the masses of network marketing companies out there.
Most people choose their MLM company for the incorrect reasons. Usually because their friend or member of the family introduced them to it, and NOT because they actually did their homework. But does that make it a sensible choice? Probably not.
By joining a network marketing company, you're beginning your own business. Yet it's amazing how few actually stop to work out exactly what it will take to be successful in their new venture.
The Giant Network Marketing Gotcha
Every network marketing company will tell you that theirs is the best. And they are good at making you believe it! Best comp plan, best products, ground floor opportunity, whatever their angle is.
So , how do you pick which company when all of them sound so fantastic?
You Want To Make Money, Right?
If you're in network marketing as a past-time or simply to humor your friend who got you involved, then it's of no significance which company you pick.
HoweverBut if you need a business that earns cash you want to discover a network marketing company where you may achieve that goal . This is vital. There isn't one single best network marketing company for everybody.
Let's Cross Out The "No's" First
I'm not telling you not to join any special company. But I'll give you some alerts to think about.
Startups: Often called “pre-launchâ€, they sell you on the idea that you’ll be in at the top if you act now. It is tempting. But hundreds of new companies pop up every year and the majority fail. So, how special is that pre-launch company? Really, they are unproven, untested and therefore risky. You simply have an enormous chance that all your hard work will go straight down the drain.
Hype Products: Some products just credible. Others will be short lived just due to their nature (many technology products fall into this realm). What happens to a company when their product is no longer relevant? It in all likelihood won’t stay in business, and again, your paychecks end.
Limited Market Products: While not automatically a “no†criteria, you might want to look at whether a product with a limited market is smart. For example, a product line entirely for men will eliminate half of your potential customers. It is something to look at.
The Key Factor For Selecting Your MLM Company
Ready? The right sponsor. Period.
Nothing else will matter more, or perhaps close.
The right sponsor is not necessarily any person who's made money. Just because they made money does not mean you will. And, sadly , it's rarely your cousin, brother or mate who just joined last week and was excited to signup you.
You need someone that knows ways to teach you to earn money. You need a mentor and a coach. Few folks in network marketing do this! Most sponsors, even those that are making money, just parrot the same old talk to their downlines, explaining why most network marketers fail.
This will be your most critical choice in starting your business. So do your preparation. Find a sponsor who can, and will, coach you in online network marketing methods and systems, if you need to cultivate a successful organization.
In the end, find a professional mentor and follow their advice!
About the Author:
As a top
Network Marketing Coach, Karyn Weger knows what is the best network marketing companyto join and how to maximize your revenue. Her special style mixes Old Skool strategies with up to the minute online marketing systems to teach this forceful mix to wrestling social marketers who want to choose and then explode their MLM businesses.
Network Marketing Coach, Karyn Weger knows what is the best network marketing companyto join and how to maximize your revenue. Her special style mixes Old Skool strategies with up to the minute online marketing systems to teach this forceful mix to wrestling social marketers who want to choose and then explode their MLM businesses.
