Do you constantly worry about whether you’re in the right network marketing business opportunity for you?
If you do then you aren’t alone. I would say that what is hindering 90% of online networkers is a failure to grasp that it’s not really about the business they join. It’s about YOU and the relationships you develop with the people you can help.
However, it is also important to feel good about the business you do join as this is how you will be making the bulk of your ‘back-end’ money. So, as an 11 year veteran of network marketing and MLM, here are a few tips to what you should be looking for in an MLM business. And by this I mean the type of organisation that leaves out the ‘hype’ but will allow you to build a solid, successful, stable, financially rewarding home based business.
There are so many ‘next best thing’ opportunities that there is a lot of hype. Some people looking for a legitimate network marketing business opportunity don’t always do as much due diligence on the type of company they should be affiliating themselves with.
1. The company should be product focused, you should be marketing focused.
If your company has a product/products with frequent, repeat and varied uses you will be able to attract more prospects because the variety is better. I like companies that are ethically driven and create products that inspire people and make them feel passionate.
So ask yourself – what is important to you? Is it health and wellness? Are you inspired by education? Are you motivated by money? Whatever motivates you it should be a product that you have tried and loved, otherwise you won’t be authentic to your audience.
2. A clear, generous Compensation plan
We’re all in business to make money, right? In my experience, the best type of compensation plans are those that pay on many different levels and compensate you generously for building and training a team as well as bonuses for different levels as it creates desire to move forward, team spirit and builds strong downlines. If it’s complicated or difficult to see how you’ll get paid – avoid it!
3. Passion and Professionalism
‘Ground floor opportunities’ are usually just that – untried, untested and unable to prove they’ll stand the test of time. If it’s a good company with a good product, it doesn’t matter how established it is. In fact, I wouldn’t touch a company that hasn’t been in business for 3 years or more. Research the company – is it passionate about it’s products and plan? Does it have a strong financial base? Does it have a message that you could be proud of?
4. Find your upline yourself
Finding the right network marketing business opportunity can sometimes be like a date – you want to make sure it’s right for you but you can be a bit nervous about it. If you find someone who you like, trust and who you feel like you can work with as a downline in a business you like – then you’re onto a winner. Network marketing is a very personal business and it helps if you can develop a good working relationship with your upline and they can help you grow your online wings until you can fly yourself!
Side note: Many people also contact me through this blog asking what I recommend and if they can work with me. Contact me for a further chat, non obligation of course!
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