How to find the best MLM
Be creative and use powerful actions in line with what you want. If you want to attract the perfect partner, then make room in your closet. If you want to attract a new house, then tidy up your current house so it is ready for easy packing. If you want to take a trip then get out your suitcases, surround yourself with pictures of the location, and put yourself in the pictures.
Think about what you would do if you had your desire, and then take creative actions that make it clear you are receiving it now.
May the joy be with you, Rhonda Byrne
The first Step: How to understand the MLM Industry
The network marketing industry has been around since the early part of the 20th century. Network marketing started as a door to door industry with famous people like; Mary Kay and Avon, since it has been introduced a number of very highly respected companies followed the same route, selling products and services using the original Multi Level distribution model, the companies are endless but there are those more famous than some.
With the introduction of the internet and the global economy we’ve seen a rapid increase in the launch of new MLM companies. While this might seem on the surface to be a good thing, beneath the waves there is a danger which if you are not careful can cause serious harm to your chances of success. That danger is a lack of focus and long term commitment to the company you and your team choose to build their future with.
Any Network marketing Business you chose, find out more by Google on the CEO and company OR speak with a person in the industry that offers training, something we provide : are “You” walking past a fortune?
The internet is full of articles, videos and other media promising and 
promoting the next big MLM Pre-Launch and while this might seem exciting at the time of launch, with lots of hype and promises. These are MLM’s that need to be sat on for a couple of years to see if they have the staying power! Do think also about those that have been around fro many years, some are old fashioned and income or bonuses are as old as the companies. NEVER be put off by this BUT Due Diligence is required. The following book is about “Starting your own internet business:
Request the book Are You Walking Past a Fortune.
Once you have made the decision the the real work begins and you need to knuckle down and build your business. Don’t fall into the trap of believing all the hype around the next BIG MLM or you’ll soon find yourself swimming in a sea of losers waiting for the next wave to come along and in truth it might never come. Remember to do your research, commit to your company, catch that wave now, stay focused and get the job done! Make sure you have a committed “Coach & mentor”
The second Step. How to Understand the MLM Compensation Plans
If multilevel marketing seems confusing to you as a business model this next part could get even more confused!
MLM Plans come in all shapes and sizes but basically fall into three types;
- Binary – This is the new kid on the block in many ways, although the Binary Plan has been around a good while now. It’s basic premise is to build 2 legs, one which you get paid on and the other which dictates the amount you can earn (a percentage of your bigger leg is paid out if your smaller leg qualifies for payment). Different companies introduce different additional requirements and qualifications with this plan and my advice is to take a detailed look at the plan and ask someone who knows (and isn’t financially involved in the decision) for an unbiased evaluation of that particular plan taking into account your own personal situation.
More About The Binary MLM Plan (Do speak with your mentor and coach)
- Unilevel – The unilevel MLM plan is the one most people are familiar with and it has a long tradition of being seen as both fair to the individual distributor who does the work and rewarding to the business builder who builds a big team. I have to say, from a personal perspective, I like the Unilevel Plan. If you find a company with money at both ends of the plan (encouraging new people to build while rewarding those who commit and build long term) you have a solid base to work from and should see a good level of retention in your team.
Where Unilevel plans struggle by comparison to some of the binary systems is that they don’t create a BIG earner quickly – the Binary plan does this by positioning the “early birds” who come into the company right at the top of the plan and having the rest of the business built beneath them.
The moral of the story…Miss the early stages with the company who has a Binary Plan and you may well have missed the boat! Due Diligence!
- Matrix – A good number of companies operate a matrix model. This could be a 5×7 plan or a 3×10 plan or any number of variations on this model. The matrix model gives you the business builder a “market place” of a set number of customer positions and as you build, you fill these positions. What is good about this plan is that it forces your sponsor to also fill these same positions (within your business) as they recruit people into their team alongside you.
While this sounds like a good idea and can be, don’t be fooled into thinking this means you don’t have to do any work. Often, there will be added requirements in place to allow you to get paid on your customer base and if you are someone with ambition, be sure to look at the plan in detail and make sure you will not be restricted if your team are not building their business as aggressively as you are building yours.
The third Step: Understanding the Impact Baby Boomers Will Have On MLM’s
You may be disappointed if you fail, but you are doomed if you don't try.
The “Baby Boomer” generation was born between 1946 – 1964. They hold
somewhere close to 60% of the wealth and have moved through the latter part of the 20th century creating, breaking and banishing entire industries with their needs, wants and desires. This generation was responsible for the mass appeal of MacDonald’s, the increased investment in Real Estate and the boom or bust we’ve seen over the last 20 years on Wall St and the financial markets.
As this generation moves towards retirement they have three main concerns:
- Income – Many have lost their planned retirement funds and are in need of an additional income opportunity. There are many network marketing opportunities out in the world of Home Businesses and haver the potential to offer them that but you have to be realistic in terms of the type of company, the products or service and the marketing tools these folks are going to feel comfortable with. If your company does not offer a product or service that can be easily understood and talked about, this group of potential business partners are not going to buy into it – however BIG a deal it might appear to be to you! (Do use he link “Are you Walking Past a Fortune fro help)
- Health – Baby Boomers want to stay fit and healthy like the rest of us and want to enjoy their retirement for as long as they can. Your company’s products need to offer them a way either directly through their consumption or indirectly (through the compensation plan) to reach their health goals. From a product perspective, find a unique consumable product with health benefits or you’ll find you are battling uphill as the years move forward. We are becoming more health conscious so take this into account when searching for the best MLM.
- Happiness – Why wouldn’t Baby Boomers want to retire happy? We all do! From a business stance this means finding a great company who know how to reward their team of distributors and offer incentives as well as events where your team can meet and socialize. Not everyone comes into MLM for the money, but it is an essential part of the needs of many. It does offer some people the idea of what the money gives them back in terms of time freedom and the opportunity to meet and spend time with likeminded people. Find a company and a team if you can who know how to party as well as how to run a successful business and the Baby Boomers will come running not too fast in your direction!
Remember they buy you first! Listen to their desires wants and needs, it is their Dream you are building not yours!
The future belongs to those who believe in their dreams. Life isn’t a Dress Rehearsal.
The Fourth Step: Understanding What To Look For In An MLM Company
Multi level marketing companies come in all shapes and sizes these days and with the internet making almost everything so easily obtained it is pretty straight forward to set up a business, find a few products or a unique service and use an MLM plan on the back of it. Take NOTE: there are some folks out there who will promise you the world and deliver every little and some companies have these folks running them!
Find a company who has the following four key points in place:
- Debt FREE – The Company MUST be 100% debt free!
- Strong Corporate Leadership – Look for experience both inside the MLM industry and outside of it!
- Customer Support in Place – Make sure you and your team will get your questions answered and your customers will get their products delivered on time!
- History of Success In The Industry – Look at the leadership and the company record of success closely and make sure it holds up under the microscope! Speak with a Coach & Mentor learn with training that we can provide
The Fifth Step How to Understand What It Takes To Build An MLM Business
Multi level marketing has changed a lot in the last 10 years. The internet has offered new and exciting ways for networkers to market and with the introduction of social networking sites like Face book, Twitter and YouTube it has become increasingly easy to connect with new people and build a large contact list. But a word of warning!
Social networking by adding videos to YouTube, chatting on Face book, tweeting till the small hours, might seem like a great way to build your business but it will NOT. Here is a short reminder of the four key tasks you need to master to make your MLM business a success:
- Prospecting
- Inviting
- Presenting
- Training Your Team
Without carrying out these four tasks daily, weekly and monthly your business will not grow and your income will go backwards. Plan for success and carry out your plan!
Success is a marathon, not a sprint. If you want the rainbow be willing to put up with the rain.
The Sixth Step The ability to understand What You Need To Avoid To Be Successful in your chosen MLM
We have already covered some of the areas I believe you need to avoid in order to be successful in building your MLM. But one thing we haven’t talked about yet is mind-set. I used to believe this was all just a load of rubbish and new age nonsense. For many years I believed it was possible to get where you want in life without digging too deep beneath the surface. After all, you never hear Richard Branson talking about mind-set and yet he’s had huge success in business.
The truth is that having the right mental state is critical to your success and that can only come over time –
The reason why you decided on that specific MLM do not work instantly and in
order to reach your goals you need to get to work and not sit thinking about it, with good intention to start tomorrow (that day never comes). However, there are a few things you need to avoid that WILL help you get on track and stay on track while working on improving your state of mind along the way. Here’s my list of three quick tips to get you started;
- AVOID Negative People – They Make YOU Negative!
- AVOID Watching The News – It Makes YOU Negative!
- AVOID Comparing Yourself To Others – It Makes YOU Feel Undervalued, Insecure AND Creates Negativity! Sounds easy but with your Coach and Mentor it can be walked through with help, not everyone will wish to join you; “the time for them might not be now” but it could be tomorrow!
The final Step – How to Understand The Bottom Line, The Truth, The Real RISK of NOT Building And MLM Business NOW
As the world’s economies travel towards stormy seas right now even though this current economic crisis won’t last forever, it will last for another 5, 10 or maybe 15 years. During that time, those who position themselves with the right company, the right product and the right compensation plan will have the opportunity to create unlimited wealth and build the kind of future they previously thought was available only to Rich & Famous.
Some folks will build fortunes into the millions of dollars while others will
create financial freedom on a smaller level by paying off all their current debts, owning their home outright and building a retirement nest-egg that will mean life will be simple and full of fun for the rest of their lives.
You have a choice right now..
To build your own “Internet Home Business opportunity”, decide and Commit to your future success. To develop the skills needed to be successful. To stay focused and not get distracted each and every time something shiny and new comes your way… Or To walk away and decide (really) the network marketing industry isn’t for you. Whatever decision you make is fine and you should make it. I’m NOT here to make that decision for you. I wish you well either way. Be sure that the decision you make today is the one you can live with when you are old and grey and listening to your ever growing family talk about what they want out of life. Because their goals and dreams were yours too one day, you can now help them by leading them to Financial Freedom…
"Never believe that a few caring people can't change the world. For, indeed, that's all who ever have." Margaret Mead
Gray Lawrence (International Marketing Coach)
A Mentor with A Servant’s Heart
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