There is no shortage of network marketing companies that a person can join. They cover almost every industry and niche available. But, where do you turn and what company is right. Every distributor from every company can give you their list of why their company is better than another. Below are three factors that you will want to consider before you ever commit to any network marketing company.
The first factor is the age of the company. It is almost too easy to start a company these days. The sad part about all these start ups is that statistics have proven that 90% plus of these companies will not be in existence within five years. You need to choose a company that is at least five years old. Choosing otherwise is foolish and like playing Russian Roulette. Forget the “ground floor opportunities.” Those are just hype-filled words used to lure in the uninformed.
If you want to work hard to build a strong income with a company, only to have it close and shut down within the five year period, then disregard this advice. I speak with distributors on a weekly basis who have had to change companies because the one they had been working with is no longer in business. If you want to build a long term, residual income, and put the odds in your favor, then choose a company that has already been through the tough times that claim the lives of 90% of the companies that could not make it.
The second factor is to choose a company that has a recurring, monthly product purchase. There are too many companies that do not require a monthly product purchase. How can you expect to earn residual income if no one is required to make a purchase? Stability comes when hundreds of distributors in your team are each making regular, monthly purchases. Without monthly product purchases, preferably on auto-ship, you are setting yourself up for a roller coaster ride. You may receive $5,000 one month and $100 the next.
The third factor is you need a compensation plan that will help the part-time worker to make at least $300 per month in a very short period of time. Too many network marketing companies bottom load the compensation plan making the good money only available to the heavy recruiters that build large organizations. Look for a company that both front loads and bottom loads. Part timers need to make money for their work and full timers need to make the kind of money that is going to keep them motivated to recruit. I would look for a company that allow a part timer to make $300 per month with less than 20 people in their organization, whether that is a binary, unilevel, or any type of hybrid plan. More than that, and it will discourage part timers and they will begin dropping out.
Choosing the right company to work with is much more than falling in love with the product. You need to think like a business person with your head, and then let your heart follow once you have found a company that is worth investing your time, money, and energy into. If you follow these three factors you will be among the elite network marketers who are able to find a home that will last, produce a solid, stable income, and one that will have long time associates who are making good, part time income.
Rich Niccolls has been helping networkers with leads for over seven years. One of the leads companies that he helps manager offers Autoresponder Leads for distributors who need MLM Email Leads for growing their business.
