Recruit MLM Leads

When looking for a MLM business there are certain questions you must ask of all potential companies and sponsors in order to make the best decision and one with which you can feel confident that you will succeed and thrive with the company and sponsor you have chosen.

1. How long has the company been in business? Although it is exciting to think about being one of the very first distributors in a given MLM company, the reality is that 90% of them go out of business during the first two years, so it is best to join a company that is at least three years old.

2. What is the product? Is it something you are passionate about and is there really money in it? People and ads may say that there is money in it but is there really? Do your homework and find out if there really is the kind of money in it that they claim.

3. What is the retail profit? A solid company and downline will be built quicker and easier if you can make money by retailing and not only by recruiting.

4. Who are the company owners and what is their track record? If they are honest and ethical leaders who have experience in network marketing, the company will be more successful long-term than if they have not.

5. How many other MLM businesses are selling the same product or something similar? Although competition can be good, too much competition or too many companies with the same or a similar product will make your job building a business more difficult.

6. How many reps are already in the company? If there are too many, the company may be saturated and this can make it hard to build a large organization. If there are too few and the company has already been in business for a while then something may not be right with the company.

7. What are your options for building your MLM business with this company? Do you have to do parties? Can you do fundraising? Can you use the internet? Are there multiple ways to build the business or only one or two?

8. How much is the autoship? This is important not only for you, when you are getting started but for your future team members. Many companies have authorships of $150 or more and this can make it difficult for people who are just getting started to afford the autoship and any other marketing tools and other expenses they may have.

9. What kind of support and training is available? This is crucial for you especially in the beginning. Are you confident that your sponsor will not just sign you up and then leave you on your own?

10. What is the comp plan or pay plan? Various plans will make it easier or more difficult to earn a large income?

11. What are the company’s plans for future expansion? If they only have one or two products now, will they have more in the future? If so, this may increase the likelihood that you will be able to grow your business faster and make more money with the introduction of new products.

This entry was posted on Friday, July 17th, 2009 at 1:49 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.