Startling FACTS About MONEY Revealed
Networking is called that for a reason! And it IS about work. Success in Network Marketing REQUIRES the criteria below for EVERYONE in the company, plus the products, to work together in order for YOU to be able to have success & leave a legacy. However, more importantly it REQUIRES YOU to be willing to change your thought process.
Always, ALWAYS, Always read the policies & procedures.... this is different to the terms & conditions, however most companies require they be read together, in conjunction with the compensation plan. The Business Model ALWAYS Drives the BEHAVIOR in the field & that is reflected in the P&P.
It's time to revisit what to look for in a company.
If the company offers no product or service.... RUN!
If the company offers money for nothing.... RUN even further!!
#1 Company Management & Leadership - Do They Have Proven MLM Experience WITH Integrity?
By reading the Policies & Procedures will tell you much about company management integrity. If the P&P is not on your company website, that's a huge red flag. What are they hiding? How Many pages is it? (Less is usually better) This is like your pre-nuptial agreement in a marriage. Would you marry someone who structures the agreement completely in their favor? Even worse hides it from you? No! it should be a fair contract, right? Fair to both parties or the marriage won't take place!
Read your P&P to see whom does it protect? Do a google/yahoo search: type in your company name, WITH [scam] after it & see what shows up! Is the Comp plan set up to favor or protect the distributors or the company? Does it allow for "walkaway" recurring income? .... or are there loopholes to steal your commissions someday? Have a look for terms like "ongoing sales", "ongoing training", "ongoing sponsoring", ongoing anything for that matter! That tells you that you will never ever be able to retire from that company. Read the termination clauses. How can the company terminate you & under what conditions? Does the company have a LONG TERM focus with a solid foundation, or a "get rich quick" mentality? Be very wary of companies advertising "spillover" on their websites.
TIP: If the P&P is long & drawn out, start at the back! Or better still do a "ctrl F" for some of the keywords I've given you.
#2 Timing of the INDUSTRY and the COMPANY
Who's the TARGET MARKET for your PRODUCTS? Is there a Huge demand? What are the Future trends? Do they Meet Long Term TRENDS? Run from Startups!! Most companies fold in the 1st 2 years. The more name recognition, the less of an opportunity. Find a BALANCE between the two. What Phase is the Company in? Formulation - Momentum - Plateau?
#3 Flagship PRODUCT Has to be REMARKABLE If it's not you're INVISIBLE - Not an over-priced CONSUMABLE! Not a "me-too" product. And NOT a product you'll find in your local supermarket or store either. It's got to be good enough that NON networkers will "take it to the market" and keep re-ordering. It's got to be that "Purple Cow" or "Attention Getter", in other words it must Stand out. And You Must also have OTHER GOOD products, from the same company to offer your customers. Stay away from single product focus companies - customers are your most expensive acquisition - what are you going to back them into if you only have one product? There's no one magic bullet solution for everyone. Study carefully the Companies retention rate.
#4 Compensation Plan MUST Pay the part-time average person a fair percentage. It rewards more for promoting products NOT for recruiting reps. Pays on VOLUME for your entire group - not levels - remember it Drives the BEHAVIOR in the field. Has the company changed their marketing plan several times? Where's the BREAKAGE? What are the REAL/ACTUAL commissions currently being paid? If you stopped recruiting today would your check continue to grow?
VERY IMPORTANT: Do a calculation of how many people or product sales you require in order to generate $10k per month. Based on the model, be it a matrix, stair-step, binary and bv/cv/bp requirement - no fast starts or bonuses etc. I haven't come across one of those plans yet that requires fewer than 2'800 people or product sales that generates $10k a month. How feasible is that for the average part-time rep who sponsors around 2.7 people in their MLM company?
How STREAMLINED IS the company?
Important Clues In These Facts:
Is it a Private Company....or a publicly held company?
How are most orders taken?
Does the company have any big buildings?
Is the company's warehouse in the warehouse district?
Does the company have huge, fat, inflated salaries for the corporate officers?
Does the company OUTSOURCE their HARDWARE and OWN & DEVELOP ALL its SOFTWARE?
Does the company have a true vertical integration relationship with its manufacturer
& production Laboratory?
Does the company have an outside funding source?
Is the company truly a 5 Pillars, forward thinking Visionary Company?
#5 Is there a Duplicatable Proven SYSTEM with UPLINE SUPPORT, TRAINING, MENTORING in place? What is the best way for YOU to do your business ? Is there an Action or Game Plan in place that's Duplicatable? Can EVERYBODY do it? Times have changed. Some things that worked just a few years ago, do not today. Many companies & TEAMS are using outdated systems & methods. Most people (92+% of population) do not like to sell or be sold.
After doing your thorough due diligence on the company, it's your decision to either choose to work with the rules/flaws as set out, asking the company management if they'd review any clauses you're unhappy with, simply not join or lastly resign. You should be able to feel free to call the corporate office for clarification on any unclear points.
This is not about getting you into my or another deal. This is about giving YOU the information you need to make the right choice & know that your company will be around to pay your children's children. I'd sooner help you work out how to resolve your current business.
We have 11 free training calls a week to teach you the various ESSENTIAL SKILLS for YOUR success in Network Marketing & MLM. On all our calls we do not mention company names or products... AND there's nothing, nada, zilch, zero to purchase. You'll be learning from people who are currently building their own home business, not "has-beens" :) Why not just listen in & see if it's something that can help you? We help anyone in ANY company & currently work with distributor's from about 40 different companies. Contact Me through this blog should you want the call-in number.
To Your MLM Made Easy
Christiane Beaud
P.S. Tonight at 9pm EST we're hosting a teleseminar.... On the Colors to Success. Would it be of interest to you to know why your "green" dad never told you that he loved you? OR your "red" boss found it so easy to fire you? OR your "blue" friend has fun at every opportunity? OR your "yellow" daughter hates conflict & wants to save the forest? Contact Me through this blog should you want the call-in number.
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Are you willing to do today what others won't?
So you can live tomorrow the way others can't.
We show you how & support you every step of the way with FREE training, mentoring & coaching.
Do you even know how many people it takes for you to make $500 each month? If you don't, email me after you read this E-Book. This eBook WILL save You years of failure & frustration - no network marketer should be without it.
It Starts Right Here.
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