There are so many MLM Opportunities available today. In my best judgment, there are more than 1,000 different MLM or direct sales companies doing business in the United States. That makes it difficult to find the right company to join. Personally, I believe some MLM Opportunities are much better than others. And not every company is a good fit for every person.
Listed below, my goal is to give you some simple advice so you can follow to evaluate a bunch of different opportunities in order to find the one that’s best for you. Here are some criteria you should evaluate, before you join any company.
1) Products: In my opinion, it is essential for you to partner up with a company with products you are passionate about. I’ve found that it’s hard to sell something you don’t believe in yourself. If you really love the products, they will be easy to share with others. On the other hand, if the company offers products you don’t use yourself, or don’t like, you won’t be very good at selling the products.
2) Company Reputation: I believe it’s much wiser to team up with a company that’s been around at least 5 or 10 years, rather than joining a new start-up company. That way, the company has worked out its kinks. Most companies fail within five years, regardless of the industry. So, find a company that’s been around for a long time and has a proven reputation. I think it’s better to join an established, industry leader than join a new start-up company.
3) Compensation Plan: When you evaluate different MLM Opportunities, you should compare the compensation plans. There are all types of compensation plans. The most important thing is that the plan is simple and easy to understand. You need to know how you get paid and how much. And you need to be able to explain this with others.
4) Systems: Systems are a key component of any business. One of the reasons franchises are so successful is because they offer a proven system for everything. They provide operations manuals, standard operating procedures, and step-by-step instructions on how to build the business the right way. You need to make sure your upline has “marketing systems, lead generation systems, and business strategies” to help you build your business the right way. More importantly, these systems must be low cost, effective, and easy to duplicate with others. You should ask your potential sponsor about his or her systems before you sign up.
5) Training: All serious entrepreneurs take training very seriously. When you evaluate different MLM Opportunities, you need to study both the company’s and your upline’s training program. You need to evaluate how they train their downline. Do they host weekly conference calls? Do they offer monthly training sessions? Do they have a suggested book list, training tapes and videos? Is there a training website you can access? And are all these programs free or low cost?
6) Mentor: In my opinion, this is the most important criteria on the list. Regardless of which company you choose, you need a mentor. You need someone who knows what they are doing and are willing to teach you their knowledge. You need to work with someone who is successful and can help you succeed. If you already know which company you want to join, you should interview potential sponsors before you sign your name to the contract. That way, you can position yourself for success.
In conclusion, there are many great MLM Opportunities available for you to join. Your key to success is to spend some concentrated time evaluating the business opportunity before you get started. That way, you partner up with a good company that you can work with for a long time.
On a side note, I want to hear from you. What advice can you give someone to help them evaluate different MLM Opportunities and find the right one for them. What criteria do you use to evaluate different MLM Companies? Just fill out the web-form below to share your story with our online community. Thanks.
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