| |
|
| | Post New Topic | | How to choose an MLM company | Views: 296 | | Oct 14, 2008 6:34 pm | | How to choose an MLM company | # |  Terry Stewart | | According to the respected journalist, Richard Poe, in his book Wave4 – Network Marketing in the 21st Century, Internet Marketing is responsible for moving over $100 billion of goods and services yearly on the global front. It is therefore very likely that you have already come in contact with some type of Network Marketing product or service. The concept of moving goods through an army of independent distributors has earned its place in the marketing world despite the negative publicity suffered by the industry. Network Marketing is here to stay; the question that remains is, “How do I choose a company?” Here are some very important pointers that would guide you in the right direction. Any company that you can find passing these criteria will be a great company to line up with. 1. A company that has been in business for at least 5 years and has great financial backing, excellent management and a ‘distributor first’ philosophy. The company should also have a long-term development goal and not just be out for the quick cash. This may be a pretty tall order to reach but considering that the great majority of start-up MLM companies fail within their first three years you don’t want your income stream to suddenly dry up! It’s no picnic to discover that after you’ve spent time, effort and money to build a solid organization the company closes down because one of those essential elements was missing. There is the prevalent myth that the best time to join a company is at startup— the so called ‘ground floor opportunity’—, but if the truth be told, the ground often caves in leaving many people very unhappy. This does not mean that you should wait for five years to see if a company would do well, because logically, this would mean that no MLM company will ever get started. The point here is that you should assess your risk and know that the chance of losing your money is higher with a new company than with a company having a proven track record.
You know the saying that the proof of the pudding is in the eating; just so the proof of the stability of a Network Marketing company is in the duration of survival. In fact, in over 60 years of MLM history and after tens of thousands of MLM start up companies, only around 42 companies have made it to their 5th birthday.
Terry
Discover a Proven 3 Step Strategy That Explodes Your Primary Business Guaranteed! http://www.achieveitnow.ws/go.html Private Reply to Terry Stewart |  | |
| |