Sandy Botkin warns, “Before jumping into any opportunity, stop and breathe deeply. Let the enthusiasm cool off. Then begin the process of deciding which company to join by finding the answers to a few questions.” For example …
Does the company want you primarily to sell products/services, recruit people, or both?
- Most companies want you to recruit people to distribute who in turn will recruit people to distribute who in turn will recruit people to distribute. But if the company is only recruiting people and no one is selling the product/service, you may want to look carefully at the company. (How To Spot An Illegal Pyramid Scam)
- Will the distributors use enough product to keep the company afloat?
- Further, you may just want to market a product and not manage a whole sales force of downline distributors. If so, find a company that will let you do that.
- Your commission should be enough to let you make money retailing the product or service without having any downline. This means that the commission paid on retailing should be about the same as the commission paid on recruiting new distributors.
- Nevertheless, it’s useful to remember that most of those who earn top money in network marketing are the people who are able to recruit, train, and support people who are able to get others to recruit, train and support people, etc.
This is an excerpt from an excellent article by Sandy Botkin, well known CPA, attorney, and tax advisor to the self employed. To read the full article, click here.
For Sandy’s next tip, click here.
For more questions to ask of an MLM opportunity, click here.
To download the free ebook Success In Ten Steps and get started right, click here.
Bob and Anna Bassett
519-371-1028
Skype bobbassett
bobandanna@togethertothetop.com
