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Friday, January 23, 2009

Your Business must have 5 Pillars for Success

Your Business must have 5 pillars for Success

Here are several questions to ask before you choose
a Network Markting Company to work with for the next
five or ten or twenty years. Your future and your reputation
are at stake. Getting the answers to these questions will
save you years of failure and frustration.

1. Company Management Experience with Integrity

Read your Policies and Procedures. Look for the words
"termination" and "ongoing". Find out how safe you are,
how your downline is protected, and whether you can ever retire.
Rule of Thumb: The longer the contract, the more
overhead the company has, and the less you earn.

Do a Google search on the company and the owners
of the company you are researching. Add the word
'scam' to your search. Check reliable websites like
http://www.mlmwatchdog.com for warnings.

2. Timing in the Company / Timing in the Industry

Beware of "ground floor opportunities" and start-up
companies. 99% of companies don't last two years.
Most people don't make money in the first two years
while the company is dealing with problems.

Profit comes AFTER two years. Join then.

3. Remarkable Product

Be sure your product is unique - not invisible among others.
Warning: If the product would not sell without a business
opportunity attached, it is ILLEGAL.

If you can't pay online with a credit card, and if you can
only pay by cash or money order, it is ILLEGAL.

4. Compensation Plan That Pays Part-Timers

95% of networkers are part-time. Make sure that people
can make a decent income working a few hours per week.

Beware of companies that advertise how many millionaires
they have created. Make sure it's not at the expense of
those "at the bottom". Everyone should be able to benefit.

Ask the question "How many people must I have in my
business to earn $10,000 per month?" There are companies
out there that require as many as 10,000 and as few as 400.

It's not unusual to see well-established companies that
require 3000 to 7000 people, and still attract new distributors.

If a company stresses "Recruit, Recruit, Recruit!",
you should "Run, Run, Run!"

If you are making only 5% to 8% commissions, you are
being extremely underpaid.

5. System for Success

The company must have a duplicatable system for success.
People are not duplicatable - systems are.
If you have to rely on upline doing presentations,
this is NOT duplicatable. 97% network marketers fail
the first year because they don't have a proven, duplicatable
system.

For a proven duplicatable system that works visit:

A System for Success

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