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.
The general public choose their MLM company for the incorrect reasons. Typically because their chum or relation introduced them to it, and NOT because they actually did their homework. But does that make it a good selection? Probably not.
By joining a network marketing company, you are starting your own business. Yet it is incredible how few really stop to figure out precisely what it'll take to achieve success in their new enterprise.
The Giant Network Marketing Gotcha
EACH network marketing company will tell you that theirs is the very best. And they're good at making you think it! Best comp plan, best products, ground floor opportunity, whatever their angle is.
Therefore how does one decide which company when they all sound so amazing?
You Need 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'd like a business that makes money you need to find a network marketing company where you will achieve that goal . This is significant. There's not one single best network marketing company for everyone.
Let's Cross Out The "No's" First
I am not letting you know not to join any particular company. But I will give you some cautions to consider.
Startups: Frequently referred to as “pre-launchâ€, they sell you on the concept that you will be in at the start if you act immediately. It is alluring. However hundreds of fresh companies pop up each year and the vast majority fail. Therefore, how special is that pre-launch opportunity? Actually, they are unproven, untested and consequently risky. You simply have an tremendous chance that all your hard work will go straight down the drain.
Hype Products: Some products just are not credible. Others will be short lived just due to their nature (many technology products fall into this class). What happens to a company when their product is no longer relevant? It probably won’t stay in business, and again, your paychecks cease.
Limited Market Products: While not necessarily a “no†criteria, you may want to consider whether a product with a limited market is wise. For example, a product line only for women will eliminate half of your potential customers. It’s something to consider.
The Main Factor For Choosing Your MLM Company
Ready? The right sponsor. Period.
Nothing else will matter more, or even 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.
At the end, find a great coach and follow their lead!
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.
The general public choose their MLM company for the incorrect reasons. Typically because their chum or relation introduced them to it, and NOT because they actually did their homework. But does that make it a good selection? Probably not.
By joining a network marketing company, you are starting your own business. Yet it is incredible how few really stop to figure out precisely what it'll take to achieve success in their new enterprise.
The Giant Network Marketing Gotcha
EACH network marketing company will tell you that theirs is the very best. And they're good at making you think it! Best comp plan, best products, ground floor opportunity, whatever their angle is.
Therefore how does one decide which company when they all sound so amazing?
You Need 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'd like a business that makes money you need to find a network marketing company where you will achieve that goal . This is significant. There's not one single best network marketing company for everyone.
Let's Cross Out The "No's" First
I am not letting you know not to join any particular company. But I will give you some cautions to consider.
Startups: Frequently referred to as “pre-launchâ€, they sell you on the concept that you will be in at the start if you act immediately. It is alluring. However hundreds of fresh companies pop up each year and the vast majority fail. Therefore, how special is that pre-launch opportunity? Actually, they are unproven, untested and consequently risky. You simply have an tremendous chance that all your hard work will go straight down the drain.
Hype Products: Some products just are not credible. Others will be short lived just due to their nature (many technology products fall into this class). What happens to a company when their product is no longer relevant? It probably won’t stay in business, and again, your paychecks cease.
Limited Market Products: While not necessarily a “no†criteria, you may want to consider whether a product with a limited market is wise. For example, a product line only for women will eliminate half of your potential customers. It’s something to consider.
The Main Factor For Choosing Your MLM Company
Ready? The right sponsor. Period.
Nothing else will matter more, or even 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.
At the end, find a great coach and follow their lead!
About the Author:
As a top
Network Marketing Coach, Karyn Weger knows what is the best network marketing companyto join and the way to maximise your earnings. Her one-off style combines old school techniques with up-to-the-minute online marketing techniques to teach that strong combination to struggling network promoters who need to select and then explode their MLM businesses.
Network Marketing Coach, Karyn Weger knows what is the best network marketing companyto join and the way to maximise your earnings. Her one-off style combines old school techniques with up-to-the-minute online marketing techniques to teach that strong combination to struggling network promoters who need to select and then explode their MLM businesses.
