Top MLM Companies Search - 7 Characteristics of the Best MLM Companies - With the Best Success Recor
Top MLM companies... those words was UN-thought of just a few years ago. However, with the uncertainty of our economy, everyone, from Suzie the zookeeper to Suzanne the business executive, is looking for, not just the top MLM company, but, one that they can put their trust in.
It wasn't long ago that people were being scammed, lied to and
tricked into joining crappy MLM companies. They invested, not just
their money but, they spent their most valuable commodity... time in their network marketing companies only to have the rug pulled from under them. No wonder why finding top MLM companies are high on
opportunity seeker's priority list.
But today is a new day. Even Warren Buffett has joined the MLM band
wagon. For a matter of fact, when he purchased his first MLM stock, he said" It is the best investment he has ever made". Clearly, you are
looking for a company you can sink your teeth into, so lets go over
some success characteristics that's been identified in most successful
MLM companies.
1. The company must have a unique product. No more me-too products.
This represents a weak opportunity that many times will end up going
out of business within the first two years.
2. The company should be at least 18 months old.
I know you've heard (like many people) that ground-floor businesses
are good. The facts are that "97 percent of new MLM companies are
out of business within their first 2 years". Manage your risk.
3. The executive team should be honorable and possess a high level of integrity.
Would you use that description to describe the leadership team you are
considering? Better yet, when the company's executives are spoken about,are those the words being echoed?
4. Third party documentation.
Your company of choice should have adequate third party documentation
from high-authority newspapers and other business publications. As seen on TV would be a bonus.
5. Consumable.
Your product or service should be something that your customers
voluntarily want to pay for every single month without a reminder. Eg. Like the bills we all pay now... mortgage, cellular, TV, and utilities; Essential home and Business services
6. Customer demographic.
Your service or products should ideally have the widest consumer usage
possible. Eg. Women + Men + Teens + Kids = Everyone as a potential customer.
7. Business Recruit demographic.
Who you can attract to the opportunity is key. The power of the MLM business model is distribution through your network. Your business should be appealing to everyone; Cleopatra the CEO to Stan the stay at home Dad should be recruit-able.
These are a few key ingredients
top MLM companies possess. Keep in
mind, that in today's transparent world you don't have to close your
eyes to hope, wish or pray that you don't choose an ill-legitimate company. Because choosing the wrong company can leave a bad taste in
your mouth, a bruise on your ego and a dent in your wallet.
The truth is that there are quite a few other ways to investigate
top MLM companies. One of the leading experts in the MLM industry offers
straight to the points, researched facts about finding the great companies. This individual has a PHD from Harvard and had researched the industry for over 20 years. It's all spelled out for you here: click on this link.
small business ideas
It wasn't long ago that people were being scammed, lied to and
tricked into joining crappy MLM companies. They invested, not just
their money but, they spent their most valuable commodity... time in their network marketing companies only to have the rug pulled from under them. No wonder why finding top MLM companies are high on
opportunity seeker's priority list.
But today is a new day. Even Warren Buffett has joined the MLM band
wagon. For a matter of fact, when he purchased his first MLM stock, he said" It is the best investment he has ever made". Clearly, you are
looking for a company you can sink your teeth into, so lets go over
some success characteristics that's been identified in most successful
MLM companies.
1. The company must have a unique product. No more me-too products.
This represents a weak opportunity that many times will end up going
out of business within the first two years.
2. The company should be at least 18 months old.
I know you've heard (like many people) that ground-floor businesses
are good. The facts are that "97 percent of new MLM companies are
out of business within their first 2 years". Manage your risk.
3. The executive team should be honorable and possess a high level of integrity.
Would you use that description to describe the leadership team you are
considering? Better yet, when the company's executives are spoken about,are those the words being echoed?
4. Third party documentation.
Your company of choice should have adequate third party documentation
from high-authority newspapers and other business publications. As seen on TV would be a bonus.
5. Consumable.
Your product or service should be something that your customers
voluntarily want to pay for every single month without a reminder. Eg. Like the bills we all pay now... mortgage, cellular, TV, and utilities; Essential home and Business services
6. Customer demographic.
Your service or products should ideally have the widest consumer usage
possible. Eg. Women + Men + Teens + Kids = Everyone as a potential customer.
7. Business Recruit demographic.
Who you can attract to the opportunity is key. The power of the MLM business model is distribution through your network. Your business should be appealing to everyone; Cleopatra the CEO to Stan the stay at home Dad should be recruit-able.
These are a few key ingredients
top MLM companies possess. Keep in
mind, that in today's transparent world you don't have to close your
eyes to hope, wish or pray that you don't choose an ill-legitimate company. Because choosing the wrong company can leave a bad taste in
your mouth, a bruise on your ego and a dent in your wallet.
The truth is that there are quite a few other ways to investigate
top MLM companies. One of the leading experts in the MLM industry offers
straight to the points, researched facts about finding the great companies. This individual has a PHD from Harvard and had researched the industry for over 20 years. It's all spelled out for you here: click on this link.
small business ideas
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