You are absolutely right about the million training systems out there. You have to be careful that you choose a system designed and supported by a team who are actually building a network marketing business.

Too many ‘gurus’ out there have never built a team, but will sell you expensive tools that may or may not work. It’s like trying to buy the best saw from the kid at the hardware store who has never built a house.

Many of the ‘gurus’ are making their money from the sale of tools, not from their MLM businesses, and that’s why you don’t see products advertised or opportunites promoted. There are none!

There’s another group of trainers who have their own MLM businesses, but realize that if they were to promote their opportunities in the usual way, they would look like every other recruiter out there. These trainers would rather attract people with the truth than with hype, with education rather than a flashy presentation.

These trainers are relying on their MLM businesses for income, so can give away the training free. We wrote an article about this:

Do Not Make Money From Tools
http://togethertothetop.com/?p=406

Anytime you are offered a training system, check to see that the promoter is actually building the type of business you want to build. Make sure s/he is not just looking for your credit card number in exchange for an overpriced ’system’ with no track record. Ask for proof that the system works and is duplicatable down several levels. Ask for references from people who have used the system to build a team.

The system we use is Mentoring For Free, which is generic and free! There are dozens of experienced volunteer networkers who contribute to the group for our mutual and collective success. There are ten skills calls per week that have changed the way we do business. And we don’t sell the system – anyone can use it for free.

As for your company, you might want to first learn if it is a five pillar company. The five pillars are what YOU need to have in a company for YOUR success. Start with this free report …

http://bassett.bigmlmlies.com/?mad=36554

You can also listen to our explanations of the five pillars on our audios page:

http://togethertothetop.com/?page_id=932

Once your company has passed the five pillar test, your confidence level will soar, and you will begin to attract more people. Once you’ve downloaded the free book above, we can help you with the five pillar test for XXX or any other company you are considering. We’ve analyzed over 300 companies so far, and enjoy helping people do the same. You have to know how hard you are going to have to work, and how hard your recruits are going to have to work to reach their goals and dreams.

We work online with the book Success in Ten Steps, and face to face by using Tom ‘Big Al’ Schreiter’s skills training. You can find Tom in several areas on this blog. He’s the best.

As for what kind of people to approach … everybody. We use the Two Minute Story and work with the willing. “Take the volunteers!”

We hope this long winded answer has been helpful. If you’d like to chat some more, just download the book and we’ll give you a call to help you get started on the road to more success.

Thanks again for your question, Steve!

Bob and Anna

Just wondering a couple of things. First, why is it that I can find a million sites like yours that are offering training systems yet I don’t ever see the actual products you are selling in your MLM business? It seems there area a million people selling training systems yet no one is marketing their MLM business so who is actually making money in good MLM businesses.

Second, I work with a really good company (XXX), however I can’t seem to get anyone interested in starting a business. I will admit the money isn’t great in the beginning, but I do fairly well now. I can’t find one person who wants a business, so could you tell me what you think of XXX or perhaps what type of people I should approach about this great business.

Thanks!
Steve

What a best kept secret this site is!! So glad to see the work you do, makes the rest of us sit up and want to improve what we bring to the training community.

Can I come see you guys again in Toronto soon, say October?

Catch you soon! I’ll be visiting this site again really soon!

Mark

Not an easy answer because there are lots of factors involved.

The most important part of going public is the company’s financial stability. Based on their success, will they find investors and stockholders.

A company can go through the process of going public on their own or they can hire a company that specializes in taking companies public. Lots of legal work, paper work and time. It can take anywhere from a few months to as long as 18 months for the SEC to approve the process.

The companies that specialize in setting you up to go public can charge anywhere from $50,000 to $150,000 for the process. If they have their own legal team, that’s a bonus, otherwise, you will have additional legal fees. Make sure that your legal team specializes in securities law and related corporate and federal taxation matters.

Finding investors can be a challenge and one of the best investments if you are going public is to produce an annual report on a Form 10K to provide the investors with information as to why they should invest. That means that you should also have a competent accounting firm who knows how to put an annual report together. The report should communicate the value and potential growth and showcase the value of products, services, employees, management strategies and potential markets. With over 15,000 publicly traded companies competing for investors, you can’t afford not to have a good annual report.

By the time the dust settles, going public in the US can cost between $1.5 million to $2.5 million!!

Then you have to ask where that money comes from, and whether it’s a good thing for the distibutors.

If a company is publicly traded, how much does it cost the company?

Thank you for all the value you add on this site.

Juanita

I have been thinking of all the information you gave me yesterday that has been going around and around in my head. Tuff Stuff!!

Thank you sincerely for your kind attention and patience in pointing out to me how to analyze a compensation plan. I could never have done that myself in a week of Sundays!! My head is still reeling and I am glad I made notes. I will do my ‘due diligence’ as you showed me.

I feel like I am back at square one, but on a solid square, and my learning continues.

Thank you so much for your contribution to my education and growth. I really really appreciated it.
All the best, and God bless your efforts!

Rachel

You are not alone, and we don’t blame you for feeling that way!

Most MLM training is designed to make you change your personality to become an aggressive (red) salesperson.

Most MLM training tells you to use techniques that have not worked in a long time, like making a list of friends and family, getting 100 no’s, and using the ‘Three Foot Rule’.

Most MLMers are fed up with hotel meetings and home parties, and most MLMers are tired of standing around waiting for people who never show up!

That’s why we were so relieved to discover Mentoring For Free.

If you are not selling anything, you have no reason to dislike talking to people. Offering nothing but help takes all that pressure and agenda away.

If you work 99% of your business online, you don’t have to worry about meetings and no-shows. We have not attended an opportunity meeting in the past three years!

To learn more about how we turned our business around and avoided more years of failure and frustration, read …

http://bassett.bigmlmsecrets.com/?mad=22202

Mentoring For Free will help you with all the skills for success. You’ve come to the right place for all the support you need!

Dedicated to your success,
Bob and Anna