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How to select a good Network Marketing company

How to select a good Network Marketing company?

(First we do not promote any specific MLM company, in this article. We just cover a few key things to consider when looking at whichever mlm company that you're considering joining)

(My reply to someone asking the question in an mlm forum...)

"You raise a lot of good points and you're Article I think is quite accurate. I think anyone considering Amway or any other network marketing company really should do at least a few weeks duediligence. Consider all things very carefully. Like how much time, money, and energy it's going to take to succeed? Crunch some numbers. How many distributors will you need to build a downline? Can you afford a downline building service like: MLMRC.com ? Or are you able to build your downline on your own? Because that's the main component that you'll have to become an expert in if you're going to succeed in network marketing. But there's one critical thing that you need to understand when it comes to the "really big" network marketing companies. On the one hand they're well established, so they're less likely go file for bankruptcy leaving you high and dry. But on the other hand there's a few downsides which is, everyone has already heard of them, so people already know about them? It's like saying to someone have you heard of Coka-cola it's this amazing company with this amazing product! People won't get all that excited because they already know what it is. (not always, as they're always 18 year olds, and people fresh off the boat that have no idea what's what yet, but still, the mass "have seen it", so be careful. The more common something is the more likely people have heard of it and are less likely to join. Again, have you heard of McDonalds? I have to show you this company, and you have to try their products okay??? Do you get the picture? You've probably already tried it and know all about it. So it's not the defining factor, but saturation is one factor when choosing an MLM company to join.

But there's one other issue. That when these GIANT mlm companies where formed, most of them had much more lucrative compensation plans. But then what most of them did is once they got enough members and had gone global, they then changed their compensation plans, making them far less generous for any new members. That's why most new companies tend to out pace the big companies on compensation, generally speaking. So you really have to crunch the numbers. Like how many distrubutors do you need to recruit. And what exactly is your exact strategy for getting them to join you downline? Or you plan to use a downline building service to help you to build such as: http://www.mlmrc.com . If you map all that out and you have a clear idea of what you're going to do. And you have it all planned out for the next few years and you can afford it all. Then sure, maybe try it. But if it's not clear to you, then you need to do more research, planning, and explore all your options. Think of whatever business your going to join as the only one you'll ever get, like getting married or something. Don't take it lightly on deciding which to join. You don't fly overseas in 2 seater prop plane for good reason. You only go on a 787 Jumbo Jet, to ensure you'll get there and get their in comfort. So make sure you're getting into the right vehicle that can get you to where you're planning to go.

I'll mention one other thing about products as well. Consumables are one of the better options. And the trends and stats all point to the top industries to join in MLM being things like: Health and Nutrition, Skin Care Products, Weightloss Products, and other consumables. But there is one other factor that you should seriously consider. That is your buying these products every month generally speaking. Quite often these products don't always get used or sold. (at least not enough). And that becomes a BIG PROBLEM! Too many network marketers end up with a garage full of products that they have a hard time selling, or even consuming. Then the products only have X number of month shelf life, so when they expire, then they're effectively USELESS and Worthless. The hard earned money you spent on them is GONE! They should be thrown out at that point. So the longer you keep them, the less valuable they're becoming, day by day. (keep that in mind)! Because if you end up using them or selling them after the expirey date, it could make you sick and to sell them would be illegal in most places.

So the one alternative to consider when investigating mlm companies is finding networkmarketing companies that are new and innovative and that offer some kind of product that is actually going to "grow in value" over time. For example some products you might want to try and find that either could grow in value, not spoil, and or at least retain value would be things like:

— Wines,
— Gold,
— Gems,

— Jewelry,
— Investments,
— Realestate (that you actually own),
— maybe stocks in a company,
— Crypto Currency,

....and items like that.

This again is just one school of thought. It's a hedge against any future downturn, problem or catastrophy happening.

For example choosing a company that offers products like this is basically a hedge against the risk of the company going bankrupt, you going bankrupt, you quiting the business, or some other unforseen issue that could derail your mlm dreams. It's could be almost anything. The president of the company one day has a heart attack and dies. The MLM business and estate ends up in the hands of someone who has no clue how to run it. They screw it up. It goes bankrupt, now you're left high and dry. Anything could happen.

Really think hard about this. Because if lets say in a year or two, if it doesn't work out. Wouldn't it be nice to at least walk away with "something to show for it???. Please THINK HERE. Because lets say you found some company in which you were buying, something like physical gold, diamonds, wine, gems, cryptocurrency or something of actual tangible value that you could actually get your money out of easily, and that didn't have an expiration date on the label. Then at least that way the hundreds, or sometimes even thousands of dollars you might have invested over time on the company products would be money that you actually "banked"!

Like lets say with Wine for example. I know nothing about wine really, but my understanding is that most of it goes up in value over time. And or at least it won't spoil if it's bottled right and you can enjoy it for life. Or gold, well it might not go up a lot in value, but at least it "retains it's value". And if there's ever a depression, it might go up a bit. Or maybe there's some company that even does real estate or time shares plans or something that you could actually use after you have it paid for. Then as long as you own the item and it's not something that is tighed in with the company, then you'll have some tangible asset that you get at the end.

Think end game as well, think eventualy exit strategy, not just how to get in. Getting in is easy. It's getting out that you want to also figure out in detail.

So something was to happen and you had to walk away from the business, or the company went bankrupt or something, at least you'd have something solid to show for all the years you put into it. Again, this is just "one school of thought". It's not the defining factor. But it's a hedge against something occurring so at least you wouldn't walk away empty handed. And I cannot even stress this enough. Please re-read this if you're considering joining something right now. Please, you owe it to yourself. Again, It's one idea to consider when trying to select a network marketing company.

In conclusion, treat your selection of your network marketing company the same way you'd chose someone you'd want to marry and be with for life. Imagine if you were told that within the rest of your life you could only choose 3 businesses to ever join, and so this choice would be one of the 3. You'd take much more time, and make it count. So approach what you're getting into with that kind of thinking. You want to do your due diligence to ensure that this company that you're joining will actually work out for you in the long run and that you'll actually be able to retire off of okay. Good luck.


#mlm #MLMRC #networkmarketing

 

 

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