Saturday, January 3, 2009

How to Find a Legitimate MLM Opportunity

By curtisbennett1977

5 Pillars for success! A lot of people now days are working from Home, but many more are just jumping from one program to another. What is the reason that some people really make money online and why others don’t?

Every time you search in Google “How to make money online”, How to work from home”, “Home based business opportunity”, “MLM business”, you get millions of websites showing you the best opportunity they have, but the reality is that we are only getting too much hype and lies from the majority of these opportunities.

I don’t blame these people because I was one of them…

For the past 8 years I’ve joined many opportunities for the same reason of all of you, and that is to “make money online” and to have”financial freedom”

I did everything my sponsors told me to do: I made a list of my friends and families, I create flyers, I spend a lot of money in PPC advertising, I bought thousands of business cards, I went to parking lots to put my cards in the windshield of the cars, I did business parties in my house, I went to business meetings, i bought magnetic signs for my car, and the list goes on and on….

Now I know that my lack of success was not my fault…instead, it was lack of education. No body showed me how to analyze a company before spend my time and money on them.

Finally I found an ebook called “Success in 10 Steps” by Michael Dlouhy, and this ebook showed me the real truth about network marketing business. In this ebook Michael talks about the 5 pillars for success and I want to share it with you.

Before you spend your valuable time and hard earned money I want you to follow this simple step to success, and that is to find a Company that has these 5 pillars:

1. Company management experience with integrity. Now you will say how do I know when a company has experience with integrity?….well all you have to do is go to Google and do a research in the company’s name and the owner & president’s name. In this first pillar you also need to request the policies & procedures of the company. You will be surprise to know that the majority of these companies states in their policies: “At its sole discretion, XXX Company may terminate a distributor for any reason upon 30 days prior written notice”.That’s how you know if they have integrity. Do you think is fair to have policies like this?

2. Timing in the Industry. A lot of companies brag about their Huge ground floor opportunity, but the reality is that the majority of these so called opportunities don’t last 2 years, so focus only in companies that already past the 2-3 years mark, as a matter of fact a good opportunity will be more strong after 2 years any way.

3. Remarkable Product that people buy and consume in a regular basis. I can say that this pillar is easy to find because a lot of companies have good products. Be advice that when we talk about product we are talking about real, tangible, consumable products, not downloadable intangible products.

4. Compensation Plan that pays the part time members. This is one of the most important parts in the 5 pillars. You have to have a pay plan that pays the average guy and not only the heavy hitters. The way to figure this out is easy, just decide how much money do you want to earn in your new business, let’s say $10,000 per month in residual income….now ask the person who’s presenting you the opportunity that tells you how many people in your team do you need to earn this income? If they don’t know that’s proof that you know more than they do, they always going to say only 2, or 5 but they don’t tell you that those 2-5 are going to do the same, so at the end of the process you find out that you really need over 1000, 2500 or even 10,000 members to earn your desired income. I can tell you the best compensation plan is that one that pays the most money with the least people, so find a company that only requires 300-400 members in your Team to earn that money.

5. Duplicable system in place. The last pillar for success is that you need to have a duplicable system that the average member can do it….remember people are not duplicable, systems are!

For your own copy of the book "Success in 10 Steps" by Michael Dlouhy, go to the link below:

http://ddengler2.bigmlmsecrets.com/?mad=15872

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