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Archive for the ‘5 Pillar Company’ Category

There are THREE types of network marketing models:

The OLD-SCHOOL Model

The Company gets $0.60 – $0.70 cents
The Distributors get $0.30 – $0.40 cents

Approximate Number of ACTIVE members needed to earn $10,000 a month
in monthly passive income….2,500 – 5,000 members

The NEW-SCHOOL Model

The Company gets $0.50 cents
The Distributors get $0.50 cents

Approximate Number of ACTIVE members needed to earn $10,000 a month
in monthly passive income….2,000 – 3,000 members

The NEXT GENERATION Model

The Company get $0.30 – $0.40 cents
The Distributor gets $0.60 – $0.70 cents

Approximate Number of ACTIVE members needed to earn $10,000 a month
in monthly passive income….500 – 1,500 members

What type of model would you rather be a part of?

A company where the owner’s bank accounts are getting fat off the efforts of the distributors?

Or a company that is OWNED by the distributors?

Hmmm……something to chew on.

Signing off on that note.

Make TODAY your BEST DAY!!!

360.665.0183

P.S. Yes…..the NEXT-GENERATION model really DOES exist!

So, a friend of yours told you all the success stories of their company
and without much thought or research, you signed on the dotted line.

You’re now the owner of your own business and you represent XYZ Company
and you’ve just slapped down about $500 bucks to get started.

Your package is due to arrive any day now and while you’re waiting
you’re encouraged to share this great ‘opportunity’ to all of your
family and friends because they need to hear about this
incredible opportunity.

Your upline may even share this little secret with you….

“The smart ones will join you.” What?

Stop right there! Before you move any farther towards the cliff,
I want you to go find your little contract you signed and READ IT!

Grab those policies and procedures of the company and READ THEM!

It’s a MUST for anyone in this industry because once you read them you
just may discover that you don’t OWN your own business at all!

You should examined the integrity of the company.
This is by far the most important part of joining any business opportunity.
Most people don’t take the time to read a contractual agreement.
The companies realize this and perhaps that is why the really nasty parts
of the policies will be found in the middle to the latter part of the agreement.
When you are reading through your contract, take your time
and have someone assist you if necessary.

Here are some of the policies that were a red flag to me when
I began searching for a company to join.
These are copied directly from the policies and procedures
of a few companies that are well known in the industry,
however, I chose to use ‘representative’ instead of the title used
by the companies to identify those who were distributing their products or services.

1) If any member of the ‘representatives’ immediate household engages
in any activity which, if performed by the ‘representative’, would violate any
company policy or any provision of the agreement, such activity will be deemed
a violation by the ‘representative’.

Hmmmm…….I am penalized for my families activity? Yikes!

2) To qualify for compensation under the company compensation plan,
‘representatives’ have the ongoing responsibility to service, supervise,
motivate, train and assist their downline.

Hmmm……Okay…..so how can I retire if I have an “ongoing responsibility”?

3) During the period that the company agreement is in force AND for
a period of twelve months after cancellation, ‘representatives’ and
all members of their immediate household are prohibited from directly,
indirectly or through a third party (WHAT?????) recruiting ANY customers or
‘representative’ to participate in any other business venture.

Geez……this meant I wouldn’t own my list of people I brought into the company!

Anyway, I’m sure you see the point here. If I wanted to own my own business,
I had certainly better find a business that would allow me to retire,
pass it along to my children, offer other business opportunities to my downline
and keep my own list!

What about you? Have you taken the time to read through the contract?
Do you really own your own business? Let me know what you discover and
as always, I’m here to help you.

Perhaps you’re one of many self-motivated individuals investigating various home business opportunities. While there are a wide selection of products and services to choose from, careful investigation is key to your contentment and success.

The following is a series of questions I believe should be answered prior to signing any contractual agreement with any business corporation.

Is this a legitimate company?

Whether we like to believe it or not, there are businesses out there that are misleading. Protect yourself. Do your research ahead of time and find out if the company is a member of the Direct Sales Association or the Better Business Bureau. A little bit of homework in the beginning can speak volumes for your future.

Is there a demand for the products or services being offered?

Of course you are going to want to offer something that people want to buy. Look for quality and be selective in making your decision. We all know we can buy just about anything, anywhere. Look for something that is unique and of value. Consumable products are a wonderful choice because people will use the product and contact you for additional purchases once the product has been consumed.

Can you get excited about the products?

Don’t try to sell cookware if you detest cooking. Find a product or service that has changed your life and motivates you to announce it to the world. People will know when you are being genuine and if you can find a product that practically sells itself, that’s even better!

What are the start up costs?

I would suggest using caution with businesses requiring over $500.00 as an initial investment to start your business. This initial start up fee should always be in exchange for product and training materials. Look for businesses that require a low start up fee and do not require you to have a lot of inventory in your possession to be successful at sales.

Are there any established territories?

Some companies will set limitations on how far you can sell outside your home based location. If you are looking forward to being able to travel and sell your product without territorial limitations, then you will want to make sure the company will permit you to do so.

Is there a residual income plan established?

Team building and training can be one of the most rewarding and financially lucrative ways to establish a long-term residual income. Find out if this home based business offers a residual income plan and research the potential financial growth. Realistically, you can expect to invest 3-5 years if you are being intentional in your team building and training. Don’t fall for any ‘get rich quick’ scams.

Will the company buy back any unsold inventory?

This is a very important question to have answered if you are investigating a business that requires you to have a lot of inventory on hand to be successful. For those who are members of the Direct Sales Association, any resalable inventory will be purchased back from you should you decide to not maintain your membership. Be sure to research the specific terms and conditions.

Are there any monthly quotas?

Some companies will require you to meet a monthly quota in order to maintain an active status. Depending upon how much time you are able to invest in the business on a weekly and monthly basis, you may want to ask yourself if this sales goal is reasonable for what you are trying to achieve.

What are the perimeters for marketing your business?

Inquire as to how others are marketing the products and services. Are they limited to home shows and holiday bazaars? Does the company allow for the product to be retailed from storefronts? Does the company have a policy about online marketing and if so, do they allow their distributors to take advantage of one of the most effective ways to market today?

How do I opt-out should I decide to no longer be a part of the company?

Find out if there are any hidden costs or penalties involved in no longer being a part of the company’s distribution team. A clean and easy opt-out is always preferred.

Last but certainly not least…….

Who will I be working with should I decide to join the company?

One of the most important decisions you will make when choosing to work at home will be the person you choose to partner with. Make sure the person has your best interest in mind and is 150% committed to helping you succeed in your business!

The answers to these questions are critical and can greatly effect the outcome of your  success when paired with your vision for your future. Take your time when choosing the business that is right for your personality and lifestyle. Patience is a virtue.

What’s your financial goal? Where are you headed with your MLM Company?

$500, $5,000, $10,000 a month?

Have you ever taken the time to figure out just exactly
what you’ll have to do to achieve that goal?… Don’t take your upline’s word for it.

Learn to do the math yourself. The results just may surprise you.

360-665-0183

Pick up my FREE ebook at http://www.BestNetworkingSecret.com

After having spent quite a number of years in the MLM and Network Marketing industry, I’ve come to realize there are a lot of people who are being mislead into believing they will begin making a lot of money within a short period of time.

While I do not necessarily believe people are always being mislead intentionally, I do believe it is the responsibility of each of us to really investigate the company prior to joining. Ultimately, we are the ones who are signing on the dotted line.

Most honest companies will tell you to expect 3-5 years to see any significant income with your consistent effort. Regardless of what anyone tells you, success does not happen overnight. While it may appear there are some real ‘movers and shakers’ in your particular business, you may be surprised if you take a closer look. Some companies allow you to purchase your position, giving the appearance of instant success. Many of the the heavy hitters have had years of experience and have brought over their downlines from other companies they were previously involved with, giving them leverage when it comes to advancements and promotions.

I want to give you five specific things you should look at prior to joining any company. This will assist you in determining the structure of the company and just how solid the foundation is.

Examine the Integrity of the Company- This is by far the most important part of joining any business opportunity. Most people don’t take the time to read a contractual agreement. The companies realize this and perhaps that is why the really nasty parts of the policies will be found in the middle to the latter part of the agreement. When you are reading through your contract, take your time and have someone assist you if necessary.

Timing in the Industry and the Company - Be sure to check and see if the company has consistent growth. The company should be at least 2 – 4 years old.

Great Products Priced Right – Simply stated, does the product line have a mass of people that have a need for the product you are trying to market?

Compensation Plan – When asked how much network marketers would like to make on a monthly basis, the typical response is $10,000.00. What is your goal? Find out in advance exactly how many people you are going to need in your downline to create a residual income of the amount of money you desire. Does this sound reasonable to you? If so, you can move forward. Keep in mind, the average number of people recruited by any one person is 2.7 people. Take that to the bank!

The System - It’s really important that there is a system in place that can be duplicated. If there is no system, your business will not grow. The goal is to bring highly targeted people together and you will need a system to do that effectively.

While the MLM and Network Marketing industry is certainly an amazing vehicle to create wealth from the comfort of your own home, use caution. Do your homework. Don’t just jump in blindly without doing the research. It’s so important to find a company that you can be proud of, knowing that you can introduce others to it and nobody will get hurt or be mislead.

With over 150,000 people joining another MLM every week,
it’s time we think about exactly what it is we are signing up for.

If you like what you hear, download my free ebook, ‘Success in 10 Steps‘.

After hours upon hours of research and training, I had to ask myself this question.

The following video will be of interest to anyone in the network marketing and MLM industry.
I’m so thankful I opened my eyes as it brought me to where I am today. Always here to help you.

Sabrina C.
360-665-0183