Do You Know How to Choose the PERFECT Network Marketing Opportunity for YOU? - Part 3

Part 3 of 6

No matter what you think— you cannot learn how to be effective in the network marketing industry all by yourself. (at least, not before you go broke).
With respect to MLM income, make sure you understand, as least superficially, how you will make your money. What are the start-up costs? How many ways can your actions bring in cash? What percentage commission will you get on the products you market? How much do you make when you add a new member to your organization? Are there any bonuses? My company's compensation plan is award-winning and maximizes the amount we can make in a fair and lucrative manner.

Be wary of companies that offer huge incentives and commissions. They could put themselves out of business trying to create an attractive comp plan. It’s happened. And don’t let a distributor talk you into a start-up package that doesn’t fit what you want to do, for their own monetary benefit. They should explain all the options to you, ask you some key questions, and recommend one that suits what you’re looking for, letting you make the final decision.

How often will you get paid? Most pay monthly, but I get paid weekly, and any volume I don’t get paid on one week, carries over to the next. I don’t lose those points. Not all distributors can honestly say that. Be sure you’re dealing with someone of integrity. There’s no room for smoke and mirrors when you’re deciding what company and mentor to partner with. Don't get hooked up with the kind of person who's given the network marketing industry a bad name.

Suppose you don’t have any activity in your organization one or more months. Will you be penalized? If not, what ensures your business centres remain open? In some companies you can pay a cash sum. In my company, you simply order 100 points worth of product each month to keep your business centres open. I love our products and use so much, I can easily buy 200 points worth in a month, and my business centre gets credit for those points.

A word on etiquette: don’t ask the distributor how much money they make. What they make is, frankly, none of your business. Do people ask you how much YOU make? It’s a little crass, isn’t it?

Besides, we’re all individuals. What anyone makes has no bearing on how much your MLM income will be. We all have a unique skill set to contribute, our own ‘why’, work ethic and desire to succeed. In my company it’s against policy to disclose our MLM income because in the past, doing so has been misconstrued as a guarantee by some prospects. There are NO GUARANTEES, and anyone who tells you different is not being truthful. They can only show you an ideal projected MLM income “in a perfect world” as our leader says. If you're coachable, do as you’re told and as illustrated by the team and don’t quit, you will be successful, but there can be no MLM income guarantees. Period.

Here’s a more important consideration. What, specifically, does this sponsor have to offer you, in addition to MLM training? What kind of applied education do they have that they’ll be passing on to you to increase your chances of success? Are they just going to regurgitate the MLM training information available to anyone on the company website? What MLM training materials might they be able to share with you?

See part 4
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Eugene Rivera is an internet marketing protégé. He is the webmaster of Secrets of Online Success. Learn about all the money making techniques to achieve success on the Internet. Click on our webpage at http://www.secretsofonlinesuccess.info
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