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("How To Make Sure That You Choose The Right MLM Company!" : MLM Network marketing secrets - is another great article about mlm, network marketing and a little about home based business on mlm network marketing How To Make Sure That You Choose The Right MLM Company! Some things that you need to know before you join that MLM program and build your financial empire!)

 

"How To Make Sure That You Choose The Right MLM Company!" 

Soooooooo .... you are thinking about joining a network marketing (MLM) company?

Great Idea!

But wait ... here are some things that you need to know before you join that MLM program and build your financial empire! You need to know ...

** Number Of Years In The Company Has Been In Business
** Company's Track Record/Management/Support
** Does The Company Have A Consumable Product/Service
** Does The Company Have A 100% Money Back Guarantee
** How Do I Get Paid? What is the compensation/pay plan?

Let's look at each one separately.

**** Number Of Years In Business

Need I say any more! You must look for a company that has been in business for at least 5!

Why? Because 95% of all start-up MLM companies go out of business within their first three (5) years!

Remember that you don't have a future income if the company doesn't have a future!

CRUCIAL!!!

**** Track Record/Management

Researching and finding out about a company's track record is extremely important, but sometimes difficult to do.

A track record simply means finding a company that has proven itself in delivering products and checks on time is crucial to your future.

One major advantage of joining a MLM that has been around for 3 years (5 years is better) and one that has a good track record is that you don't have to worry about them going out of business. Companies that do not have good track records will not last through the five (5) year period. Of course, as always, there are some exceptions.

What good is it to spend all your hard earned money and precious time on an MLM Program if it goes out of business within 3 years?

Plus a good track record tells you something about that company's management! Sometimes or should I say most of the time, it is not always possible to get good, truthful details or info about a company's management team background! But try to get as much information as possible.

PAY ATTENTION TO TRACK RECORDS!

Ask your future upline and possibly his/her downline questions about the company, pay plans and what system do they have in place to market the program that you are thinking about joining.

**** Consumable Product/Service

The first commandment of MLM is this:

"Always sell a product or service that can be used and re-purchased from month to month (consumable)!"

Violation of this commandment will cause you not to make solid residual income each & every month!

DO NOT!!! And I Repeat! "DO NOT" join any MLM program that promote products or services that are not consumable!

How in the heck can you build a residual income base on a product that your prospect uses, throws away and never has a use for again! The answer is, YOU CAN'T!

One last thought, make sure that the company that you choose has a product or service that appeals to you! Also, make sure that the company's product or service is something that you feel that you can market and/or sale to other people!

Products and services sometime seem to get lost in all the hype of how much money you can make. But, without a legitimate product or service (certificates & vouchers don't count) that is fairly priced and in demand, your downline will ultimately leave your company due to the inferior product.

Yes, you're in MLM to make money, but you don't want to be recommending a product or service that you know is inferior, or that you and your family don't, or won't use yourself.

**** 100% Money Back Guarantee

Support only those companies that stand behind their products or service with 100% Money Back Guarantee to both the distributor and the consumer/customer. But, be warned -- - that by promoting a product or service, which has no guarantee; the more difficult it will be to convince others to try your product or service. This is a confidence/belief builder!

**** Compensation/Pay Plan

Make sure that you understand how you will get paid so that you can set your goals accordingly.

Let me say this ... there are people that are making money in every type of pay plan that is legal! If you have a consistent recruiting system and this system is duplicatable and you have people in your downline on your company's monthly auto ship program, then you'll make money in any MLM program!!

Some compensation/pay plans are more distributor friendly than others.

Here are some other resources that will help you:

The Definitive Legal Resources for Direct Selling, Multi-level, and Network Marketing Companies:
http://www.mlmlaw.com  http://www.mlmlegal.com

United States Postal Inspection Service On: Multi-Level Marketing
http://www.usps.gov/web sites/depart/inspect/pyramid.htm

Federal Trade Commission
The FTC also has a lot of information on which MLM's to stay away from. Do a search at http://www.ftc.gov/ for multi-level marketing to get all of the information you want.

You may also want to check out the following web site for scams and illegal pyramids! <http://www.ftc.gov/bcp/conline/pubs/alerts/pyrdalrt.htm>.

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