10 Ways to Spot a True Network Marketing...

There are a few network marketing opportunities that are just scams. There are far more that may be well-intentioned, but have a poor track record, for any number of reasons. So how do you separate the wheat from the chaff? Here are ten tips to help you pick the right network marketing opportunity for you.

1. Has the company been around for at least 5 years?

If you want the efforts you put in today to pay off for many years in the future, choose a company that has proven that it will be around for the long term. 90% of all network marketing companies FAIL within their first 2 years. You don't want to invest your precious time and resources (not to mention your future) in something that may not be in business next month, do you?

2. Is the company well capitalized?

In other words, does it have the cash that it will need to grow, to maintain a solid infrastructure, to attract talented management, to keep pace with technology ? and, of course, to pay your commissions! (I prefer publicly traded companies because they're required to disclose their financial condition in DETAIL every 90 days to the SEC and other governmental agencies. You may not be able to obtain this information on a private company, so you'll be taking a risk on its financial condition.)

3. Does the company offer products or services that are unique?

That is, they're not readily available elsewhere (especially at a discount) and they're not just another "me too" product that has loads of competition.

4. Is there a genuine need for the product or service?

You've probably heard horror stories about people ending up with a garage full of expensive water filters - the reason that happens is because only other distributors will purchase the product at that price! Your product or service must fill a REAL need at a fair price - and there should be a large untapped market for it. In other words, it MUST provide tremendous value, so the customer is the biggest winner.

5. Is the product or service trendy or a fad?

You can't build long term residual income (i.e., your retirement!) if the product or service only has short term appeal (e.g., beany babies, etc.). Think long term instead. Is the product or service something that your customers will continue to use for a long time?

6. Can you generate immediate income?

So that you can finance your marketing and expansion efforts from cash flow.

7. Does the marketing system take full advantage of technology?

Not everyone is a sales type, but ANYBODY can plug into a system and tools that do the selling and sorting for you!

8. Is the person who is introducing you to the opportunity committed to YOUR success?

If they are, the company is strong, and the product or service is a winner, (and, of course, you're willing to learn) you WILL succeed. There's a big difference between a "sponsor" and a "recruiter." A sponsor coaches. motivates and trains and a recruiter just signs people up and in most cases, abandons them.

9. Is there a way to build your business part-time without losing your full time income?

The company must have automated systems that can do the heavy lifting (i.e., selling and sorting) for you so that you can use your limited time efficiently.

10. Will you have FUN?

Although this may not be an element of your current JOB, we think it's important! You should have a lot of fun with your business partners while you work together to build a long term business and your financial army.

So there you have it ? ten criteria for selecting a superior network marketing opportunity. Of course, even with a great company, there's no such thing as a free lunch. You WILL have to work! But, with the right opportunity (unlike your job), it won't have to be forever!

___________________________

John Venezia is a career insurance and financial services professional, both a Chartered Life Underwriter (CLU) and Chartered Financial Consultant(ChFC), who after 24 years in the Insurance industry decided to also explore network marketing as a business model. Since finding a company that met his criteria, he has built a team of 1,600 people in the last 6 or so years, many of whom are also insurance and financial services agents.

The Problem with Network Marketing and...

The idea never prevents to be able to surprise everyone your excessive polar views about the main topics multilevel marketing as well as NETWORK MARKETING BUSINESS. A number of people tend to be enthusiastic regarding it inside excessive, as well as you will discover also prime celeb authors including Robert Allen, Level Victor Hansen, as well as Robert Kiyosaki performing it as well as touting the item. But, in several arenas, an individual might state on your own any leper because admit to be able to being in multilevel marketing.

Thus, what exactly is the challenge with NETWORK MARKETING BUSINESS as well as multilevel marketing?

Perhaps is it doesn't pyramid construction? But you are unable to truly carry issue while using the tiered reimbursement construction? almost every big sales organization on the globe features in which. Salespeople receive fee, as well as sales supervisors receive overrides or even bonuses added to that, as well as sales directors added to that, as well as VPs added to that.

Or possibly is it doesn't fact that you have to spend to be able to attend the item? However in which can't be the item? would you normal franchising type. In addition to My partner and i assure an individual, your operation price of all standard franchises dwarf your sign-up charge of just about any NETWORK MARKETING BUSINESS software in comparison.

Right now surely, you will discover against the law pyramid, or even "Ponzi", plans. This really is the spot that the dollars will be many being produced off registering other folks, with little if any true product or service previously being sent. However even though what ever awareness men and women may have, the reality is in which Amway, Shine, Meleleuca, Pre paid Authorized, USANA, and there are others get offered millions about huge amount of money of goods to be able to happy clients, the majority of to whom usually are not additionally repetitions. Thus, there may be a notion difficulty right here, nevertheless if you are, your belief is out of series while using the fact.

However certainly your undesirable popularity MLM'ers features a lot more basis in reality compared to the periodic against the law pyramid structure?



The real difficulty with NETWORK MARKETING BUSINESS isn't NETWORK MARKETING BUSINESS itself, nevertheless some people the item appeals to. Network marketing is just an enterprise type, plus it truly quantities to be able to "micro-franchising". The benefit will be that it features a really low charge of gain access to, while using the risk of excellent earnings, as well as you will discover individuals who achieve that.

However those same items which render it interesting help it become attractive to several that are Certainly not skilled or even ready to turn out to be companies.

Your salient features of NETWORK MARKETING BUSINESS help it become attractive to people who have not accomplished properly inside their organization or even career and have absolutely little dollars ended up saving approximately make investments haven't any prior knowledge proudly owning or even running a business haven't any prior knowledge in sales get little if any knowledge building organization interactions apart from that of employer/employee/co-worker usually are not enthusiastic about their own recent a higher level profits get impracticable anticipations of the quantity of do the job involved than the earnings realized Will not get me wrong? I am just not indicating that there is everything incorrect with any of these items, or even until this describes also many network marketers? merely that it describes any excessive variety of network marketers, and this quite a few never complete everything regarding it.

Subsequently, several network marketers find yourself over-selling the ability in properly talking about organization in sociable conditions being seen because needy over-focused about completely new utilizes as well as failing present clients subsequently being possibly imprecise or even deceptive while referring to their own organization Once again, I am just certainly not indicating until this describes many network marketers, nonetheless it can illustrate sufficient of which to be able to tarnish your trustworthiness of the rest. In order to pre-judge another person centered judging by a compact fraction of people in this group will be unbelievably unjust, nevertheless we need to know that the majority of prejudices have some basis the truth is, even when it is often distorted.

Thus what's the solution?

There is certainly the initial regarding every little thing. In addition to community marketing/MLM is a good chance for people to get their own initial organization, their own initial sales role, for example. My personal point will be this kind of? recognize the item regarding precisely what it can be: it is a organization, so you really are a business owner. And when you've got never possessed an enterprise prior to, if you've never accomplished sales prior to, if you've never networked prior to, you need to discover just how to take action, not simply in the community marketing/MLM gurus, nevertheless by proven gurus in those job areas.

Home business owners that are interested in creating a organization should be examining as well as researching organization basic principles, the most recent sales as well as advertising and marketing tactics, strategies for network as well as organization advancement, for example., not simply changing tips your team's once a week or even regular assembly. Behave like a small company owner, and the ones will probably handle you want one particular.