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Famous people like Donald Trump and Robert Kyosaki (Rich Dad) are now endorsing network marketing because it offers business systems people can use to start their own home based and can be started part time and with very little money.



Good network marketing companies have systems just like franchises but unlike a franchise, they don't cost hundreds of thousands of dollars. Most can be launched for less than $500.

So how do you find the right one for you?

Ask this list of questions to help you decide which of the hundreds of available opportunities will be the best fit for you.

1. Do you have a passion or strong interest in the product/service being sold? Start here because if you are doing something only for the money you will probably not be able to stay with it long enough to be successful. Would you buy the product/service yourself even if there was no opportunity associated with it?

2. Has the company been in business for at least 5 years? A little known fact is that 95% of all network marketing companies fail in their first year and only 1% are left after 5 years. You don't want to put a lot of time and effort into building a business that fails and have your income stop through no fault of your own.

3. Has the company's ship already sailed? While you don't want a company that is too new to know if they will survive, you also don't want a company with millions of people already in it. Look for a total distributor count of 200,000 or less.

4. Is there a proven demand and both a large business and consumer market? A product/service with proven demand by a large number of consumers and businesses who have money to spend and are willing to buy is ideal. You don't to be selling a product anyone can just buy at Wal-Mart for less money and the only reason you are selling it is for the opportunity. Ideally you also want a product/service that can be sold to businesses in easily identifiable niche markets with proven financial justification.

5. Is there any competition? Your product/service should have no realistic competition in it's market because it will represent a technological, ease of use or price breakthrough. You want a product/service that will expand it's market, not just take sales from the competition. Look for price advantages of 50 - 75% or more.

6. Can you earn immediate income as well as passive residual income? Does the comp plan allow for substantial amounts of both? You don't want to have to build a huge downline just to get enough income to stay afloat.

7. Can you do it part time without leaving your job? The best way to build a business is to have the time to make it work without jeopardizing your existing income and only go full time when your income from your business exceeds that from your job. Can you do it at home at your convenience by phone and using the Internet without attending or conducting any home parties or opportunity meetings?

8. Will you be getting one-on-one personal help from your sponsor? You want a sponsor who is already successful in the business and who has the time and desire to work with new people to develop them into leaders. It's no good if your sponsor has no time for you and is spending all their time looking for new recruits.

9. Is there a simple, proven system that anyone can do to build their business? You need simple systems to follow that anyone can do with minimal training. There should be complete online training and system that allow a new person to sign up someone else their first day in the business. Can you succeed without any sales skills by letting the system do the selling?

10. Is the business on the leading edge of technology? The best businesses are technology leaders, not followers. They take advantage of the Internet and web 2.0 technology.

If you can find a network marketing business that meets all these criteria, you are well on your way to financial independence and a passive income you can depend on for your future.
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There also innumerable websites out there with success stories and scanned images of Stormpay and PayPal accounts loaded with some serious money and the people behind these stories will tell you to give them just $47 to join their revolutionary program and buy a Ferrari the next month.

So, the question is how to find the best home based business in network marketing?

While a cut and dry answer to this question is not possible, there are some very good precautions that can be taken to assure that the program you join isn't just a ploy by some affiliate to get you into their down line and leave you at a loose end after that.

Before joining as an affiliate any program that will help you build your home based business, ask yourself whether the business you are helping to co-promote is run by an experienced and well established company or by a new company offering nothing new in terms of products besides packaging. There are many longstanding companies out there, including Blue Chip and Fortune 500 companies, that are slowly realizing that with the digital world shrinking and the real world getting more congested, it is good to have as many successful affiliates as possible.

So, the first criteria is that the company whose products you wish to sell, have a name that buyers are comfortable with in their specific market niche.

The second point is a bit tricky and should be tackled carefully. While some companies have been doing affiliate management for a long time, there will be others who are just starting in that regard. The differences are obvious. While a company that has been doing this for a while is more stable and has a more reliable history, it also means that you are placed fairly low in the down line tree. With a newer company, the chances of building a healthier down line much faster are greater, but then so is the risk of where the company will be next year.

Look into the details of the affiliate program. For example, can you build multiple down lines? Some programs offer the feature that if you sponsor, let us say, 10 paid affiliate members one level below you, then you are given bonus down line members, or a greater commission on every sale per member in your down line. Are there any such benefits?

Of course, it goes without saying that you should read the fine print carefully. There is a very bad tendency in people to scroll through Terms of Service agreements and other policies or procedures and click the I Agree button. Please do not do this. You are starting a business, so be business like in everything you do. Read through every document carefully. Contact the company for clarification if required. One of the easiest ways to figure out whether an affiliate program is genuine or not, is that you can always contact the company directly and not merely through the upline member who sponsored you. Real companies have real addresses, phone numbers, and not just an email id.

If there is no phone number, do not become a member. Upline support, however, is also important in the initial stages. Think of the upline members as your marketing managers. They know more about the company and products (at least in the beginning) than you know and can answer your question. There should be a very good up line support system available.

Naturally, you will not want to sign up with a home based business opportunity that is offering products that are too common (believe it, you do not want to sell plastic spoons) or do not have a healthy market.

Finally, you should check what kind of marketing tools and lead generation systems are being provided to you. A lot of affiliate programs will sign you up for a nominal amount and then bill you for lead purchase, advertising revenues, and so forth. Do not fall for this ploy. Check everything before you pay.

Then there is the matter of building your downline. What kind of help is being provided there? There are many good companies out there offering Funded Sponsoring Franchises. The best idea is to go for those. If you find it difficult to locate such a program, then you should visit some sites offering information on Funded Sponsoring Franchise systems available and the companies offering them.

Remember that online business is not a regular task. Some amount of training is inevitably required and you are better off with a company with a long track record of successful affiliates.

So look for a home based business that has a low startup cost, excellent products, up line support, a real phone number, and a module to help you with lead generation and advertising.
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Both Joseph Mcvoy & Alvin Blacknall are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Joseph Mcvoy has sinced written about articles on various topics from Network Marketing, How to Sell on Ebay and Information Technology. Joe McVoy is a small business marketing consultant who has started and built four national companies. He coaches people on attraction marketing for their home based business to help them get their prospects calling them and recommends these. Joseph Mcvoy's top article generates over 3600 views. to your Favourites.

Alvin Blacknall has sinced written about articles on various topics from Network Marketing, Writing and Parenting. Alvin Blacknall's a successful network marketer that's helping others achieve financial freedom. Discover how you can join a successful team of entrepreneurs.
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