Summary of our 5 pillars training call by Michael Dlouhy
Here are several questions to ask before you choose a company to work with for the next five or ten or twenty years.Your future and your reputation are at stake. Getting the answers to these questions will save you years of failure and frustration.
1. Company Management Experience with Integrity
Read your Policies and Procedures. Look for the words "termination" and "ongoing". Find out how safe you are, how your downline is protected, and whether you can ever retire.
Rule of Thumb: The longer the contract, the more
overhead the company has, and the less you earn.
Do a Google search on the company and the owners
of the company you are researching. Add the word
'scam' to your search. Check reliable websites like
http://www.mlmwatchdog.com for warnings.
2. Timing in the Company / Timing in the Industry
Beware of "ground floor opportunities" and start-up
companies. 99% of companies don't last two years.
Most people don't make money in the first two years while the company is dealing with problems.
Profit comes AFTER two years. Join then.
3. Remarkable Product
Be sure your product is unique - not invisible among others.
Warning: If the product would not sell without a business opportunity attached, it is ILLEGAL.
If you can't pay online with a credit card, and if you can only pay by cash or money order, it is ILLEGAL.
4. Compensation Plan That Pays Part-Timers
95% of networkers are part-time. Make sure that people can make a decent income working a few hours per week.
Beware of companies that advertise how many millionaires they have created. Make sure it's not at the expense of those "at the bottom". Everyone should be able to benefit.
Ask the question "How many people must I have in my
business to earn $10,000 per month?" There are companies out there that require as many as 10,000 and as few as 400.
It's not unusual to see well-established companies that require 3000 to 7000 people, and still attract new distributors.
If a company stresses "Recruit, Recruit, Recruit!", you should "Run, Run, Run!"
If you are making only 5% to 8% commissions, you are
being extremely underpaid.
5. System for Success
The company must have a duplicatable system for success. People are not duplicatable - systems are. If you have to rely on upline doing presentations, this is NOT duplicatable.
For a proven duplicatable system visit: http://KristieAmsdell.MentoringForFree.com
1. Company Management Experience with Integrity
Read your Policies and Procedures. Look for the words "termination" and "ongoing". Find out how safe you are, how your downline is protected, and whether you can ever retire.
Rule of Thumb: The longer the contract, the more
overhead the company has, and the less you earn.
Do a Google search on the company and the owners
of the company you are researching. Add the word
'scam' to your search. Check reliable websites like
http://www.mlmwatchdog.com for warnings.
2. Timing in the Company / Timing in the Industry
Beware of "ground floor opportunities" and start-up
companies. 99% of companies don't last two years.
Most people don't make money in the first two years while the company is dealing with problems.
Profit comes AFTER two years. Join then.
3. Remarkable Product
Be sure your product is unique - not invisible among others.
Warning: If the product would not sell without a business opportunity attached, it is ILLEGAL.
If you can't pay online with a credit card, and if you can only pay by cash or money order, it is ILLEGAL.
4. Compensation Plan That Pays Part-Timers
95% of networkers are part-time. Make sure that people can make a decent income working a few hours per week.
Beware of companies that advertise how many millionaires they have created. Make sure it's not at the expense of those "at the bottom". Everyone should be able to benefit.
Ask the question "How many people must I have in my
business to earn $10,000 per month?" There are companies out there that require as many as 10,000 and as few as 400.
It's not unusual to see well-established companies that require 3000 to 7000 people, and still attract new distributors.
If a company stresses "Recruit, Recruit, Recruit!", you should "Run, Run, Run!"
If you are making only 5% to 8% commissions, you are
being extremely underpaid.
5. System for Success
The company must have a duplicatable system for success. People are not duplicatable - systems are. If you have to rely on upline doing presentations, this is NOT duplicatable.
For a proven duplicatable system visit: http://KristieAmsdell.MentoringForFree.com
Advertise on APSense
This advertising space is available.
Post Your Ad Here
Post Your Ad Here
Comments (1)
Larry Homebound2
Web Consultant
We offer from online work from home ($0.40/click) to steady positions. We
are a publishing and motion pictures company that shoot movies after the
books of well known writers. We are looking for different profiles for our
job openings who will have to register in our database and then apply for
different openings.
Register here:
secretfast.com/benefits?ref=50