Look for ones that offer a residual income stream.
Evaluate how the MLM company markets their system
and money making potential. If they are making
outrageous statements or saying that it is
possible to make a lot of money without serious
effort then avoid it at all costs!
Make sure you talk to existing members in your
neighborhood and ask them up front if they are
making any money? If there are none in your
neighborhood (within an hours drive) walk away!
Try not to enter an MLM business in its infancy
but on the other hand it would not be advisable
to enter once the opportunity has been a hundred
percent established. Maybe the best advice would
be to wait at least a couple of years from the
point a new business is formed before entering
the scheme.
In all types of businesses the customer is King!
If the customer is getting a decent product at a
fair price then the chances are that you could be
onto a winner. Bear in mind that the products
sold will have to be at an equivalent price of
the supermarkets unless they have some unique
selling points.
If the majority of people make more money through
recruiting other people than they do selling
products make sure you do not get involved. In
some countries businesses that make money mostly
by recruiting other people without many products
being sold are heavily frowned upon by the legal
system.
An MLM business is just like any other
opportunity. No matter what the literature and
the marketing brochure say? it will still be hard
work and more demanding than any job. It will
require selling to family, friends and strangers.
Can you handle direct sales?
Have you any ideas on how to evaluate an MLM
Business Opportunity?
Find A Good Man
Network Marketing Sense: Tip #1
"Where do I find good professional people to talk to about my product and business without spending more than I can afford? And local people would be great."
Here's a way to find naturopaths, massage therapists, alternative health pracitioners, hair color specialists, and such, locally and around the world, at no cost.
LEVEL: Easy
WHERE: Web (Internet)
COST: $ 00
TIME: 15-20 Minutes
Go to Google.com (Or your favorite search engine.) Type in:
chiropractors in Wichita Kansas (enter any category, city and state)
Review the search results. You will see individual chiros listed, and also "Chiropractors in Wichita, KS - Yellow Pages - Switchboard"
Click there for a local yellow page listing.
Or scroll down and try "categories:chiropractors listings in Wichita, KS at Yellowbook.com"
Click there for more listings in Yellowbook.com
Also listed are the Chiro schools, where you might find lists of recent graduates who might be looking for some extra income as they launch their careers. Having some quality supplements on hand might be just what some might like.
Both phone numbers and addresses are listed, so you can call or visit.
Don't like calling people? Team up with someone. You find them, they contact them.
(One suggested source for 'what to say when I call these folks' is in the book, If My Product's So Great, How Come I Can't Sell It?" See Chapter on 'Cold Market.')
Helpful?
PART TWO:
Cold cadaver calling?
Cadaver n. A dead body, especially one intended for dissection.
Network Marketing Sense Tip #2: Cold Cadaver Calling for Practice.
Level: Medium
Tool: Telephone
Cost: $00
Time: 45 minutes
Resource: Your local phone book (quaint, huh?)
Here's a way hundreds of people have practiced telling their authentic story with great fun (and trepidation).
Medical students practice on cadavers, don't they? Beats them practicing brain surgery on you, wouldn't you say? If they puncture a lung or miss the heart, no problem. Cadavers are PRACTICE for medical students - so they get better - no one expects to revive the cadaver.
Networkers need 'cadavers' to practice on too - people whose purpose it is to provide practice for the networking practitioner. No networker expects a sale (although some people have gotten them.) They expect to practice to get better. Steps:
1. Get local phone book
2. Select 100 names to call, perhaps people with your same last name.
3. Use the 3 line script that has 90% of the callees asking to hear your pitch.
4. Repeat 3 until you have made 50 connects. (You can leave a specific message, yes.)
Script hint:
"Hello I'm looking for Lulu Hilton, is she there?...
"OK great. This is Matt Damon and I'm a local business owner in town. I'm calling everyone in my neightborhood to ask them a question. Do you have a minute?"...
This line has gotten 90% of the listeners to say, "OK shoot, I have just a minute..."
Isn't that the biggest obstacle - getting someone else to even give you PERMISSION to make your mini-presentation - so you can practice it?
Then do your thing. Keep it under 45 seconds, be sincere and authentic. NO hype, bull, or idiotic promises.
(Remember, that's why we have 145 million people on the Do Not Call Registry.)
You can go for either the product or the business. You will likely discover, like my students did, that people treat you very differently when they find out you are a local business person calling everyone in your neighborhood. I.e. a member of the community.)
For my personal suggestions to follow up, see pages 182--183 of the book, "If My Product's So Great, How Come I Can't Sell It?" (https://www.vmediacart.com/secure/productdetail.aspx?mid=250&pr_id=120)
Both Nazir Daud & Kim Klaver 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.
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