Friday, September 5, 2008

[MLM Tips] Tips For Picking A MLM Part 2

Tips 6-10 on Choosing your MLM.

Here's my second video and some further tips.



The 6th tip I mention is to realize that you are starting your own home business.
Regardless of anything that anyone may be telling you, even if the only reason that you had signed up with the company was to get a discount, there are business and tax ramifications to joining any direct sales company. The recruiter should be able to let your know of the possible financial impact of starting your own business. Be sure to find out what you are getting in your distributor starter pack and what you'll be getting in return for your initial sign-up fee. What you should be looking for in this starter kit should be everything you need to last your first month in business, including order forms, product samples, training guide, your monthly products to us, and anything else thats necessary to be successful in your new business.

The 7th tip mentioned was to check out the Company History.
Make sure that your company provides you with professional sales aid materials that are reasonably priced---some MLM's make tons of profits selling just brochures and/or other sales literature, and you don't want to spend too much to start. A good company will provide online copies of sales materials that you can print at home as well as the option to have them sent to you pre-printed for a nominal fee. Find out about the company's financial backing and the corporate officers. Look up their histories and also check with the Direct Selling Association to find out if the company is registered there. The members of the DSA are held to strict codes of conduct regarding enlisting new team members. You'll need to understand/know how the company keeps track of all the incoming orders and when and how you'll be paid.

8th tip, You will need to devote time to this
If you don't think you have the time for this industry, you usually are right. Although you may be spending a lot of hours doing un-productive things in your daily life ( tv, internet browsing, watching movies). You can become successful in this business with as little as 7-10 hours per week. Some people work 7 hours per week/1 hr per day to start. Eventually all of this time will really start to pay off and you may even be able to over-take the income in your (JOB).

9th Tip How are you going to market this?
Face it, we're in the marketing business. We do not "sell" or force people to buy. You merely are sharing information that is beneficial to others and they choose whether or not to make the purchase... many MLMS offer 30 day 100% money back so that if the person doesn't notice, they can get their money back.
Hoe are you going to share this with others though, face-to-face, maybe door-to-door, meetings at your home, meetings at hotels, online marketing, there are tons of ways to share these great products with people. The team you choose should have a system in place that they can plug you into and you just do the steps that are designated.

10th tip is to find the different bonuses you can get paid for.
You'll want to be able to get a bonus for monthly sales goals, leadership bonuses, You will not be making as much as the top leaders who have been doing it for years make if you are just starting out, it isn't a "get rich quick scheme". It is building a business and gradually increasing your income. You'll want to find at least 4 ways to get paid from the company if not more. Some companies even offer 5 ways to get paid! For more information on this click here and enter ZS05490 to learn about getting paid 5 ways.

I hope that these posts are helping you with choosing your business.

-Chris Hughes

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