So, you have decided to jump into Network Marketing Industry, and join a reputable company. Great Move! It will open up doors in your life that you never knew existed, and personal development you will experience will be amazing.
But you may be thinking- what do I look for? What should I be asking? What should I be trying to find out?
The first thing you need to do, is ask yourself a question. "What type of product would I like to market? A tangible product, like vitamins or skin care? Or would I like a more intangible product like internet malls or legal services?" Once you decide that, you can have a direction to look towards and decide on.
Then you can start looking at MLM companies and doing some research. Research is KEY to finding out about Network Marketing Companies and what they have to offer. Start looking and researching on internet, and also call your Better Business Bureau, and see if there have been any complaints about that company.
The questions you should be asking are these:
1) How long has company been doing business?
Many start up companies will not be around next year. Most MLM companies after three years are gone. If you are looking at a start up company, make sure they are well funded, and have good management to get it through rough spots typical of MLM start ups. As a general rule, 3 years in business should be a minimum of considering a company.
2) What is reputation of owners and management?
Many great companies that could have been superstar companies are no longer around because of decisions owners made. This is true of real estate companies, mortgage companies, and any other entreprenurial ventures. Check owners out. Ask questions, and do some research on them as well. What kind of reputation do they REALLY have? You will be glad you did if they have a past of possible questionable integrity.
3) Do they pay their checks on time?
Find out if they have missed paying any paychecks. If they have, this is NOT a good sign, and I would suggest to look at another company. This one has some problems you may not want to be a part of in future.
4) Are people making money?
How many people are truly making money? Many times, hype can blind truth. Do some research and find out if it is easy to make money with their pay plan, and if a lot of folks are. If many people are, that is a good sign. If it is a start up, and not many are making a lot of money yet, see what kind of compensation plan they have, and if it is "distributor friendly." If it seems hard to make money with plan, then you have some thinking to do. It should be easy to make money in MLM.