MLM business comes with a negative connotation to it. It is often observed that when anyone mentions MLM people have a negative understanding about it. But times and things have now changed. MLM business is growing and is being well accepted by the people now. The market has opened for it and more and more people are looking to participate in it. Nonetheless, there are still people who are trying to fool people with fake MLM schemes.
Tip 1: Research about the company. That’s very easy to do nowadays. Google is an easy resource. Put the name of the company or the names of the company’s top management into the search engines and see what comes up; some of the results might be shocking!
Tip 2: Thoroughly read the policy and procedures documents before you join. The policy and procedures are basically the contracts with the company. Make sure you understand every word that is mentioned. Look for red flags and be careful of the terms and conditions stated. You don’t want to build a team only to have it ripped out from under you. Sadly, that happens.
Tip 3: Take your time to understand the compensation plans before you join as they might not be the same as they seem. Ask questions if you don’t understand. A good question to ask is “How many people will it take in my organization, on the back end, meaning residual, to make 10K per month?” See what they say and ask yourself how doable is that for me?
Tip 4: A supporting and guiding upline is extremely important to MLM success. You need a team of people that work together and leave their egos and attitude at the door. If possible talk to others in their downline and see what they have to say. Many good people enter into MLM being promised support but get none because their upline has moved on to recruit others or they are too busy helping the “superstars”.
Tip 5: Good training is important. This training is useful when you are on the field. Training where you get some basic skills needed to do this business. Of course, you shouldn’t have to pay for it!
MLM is an amazing business when you ally yourself with the right company. By following these 5 tips you will increase your chances of success by avoiding being victim to an MLM scam.
Tip 1: Research about the company. That’s very easy to do nowadays. Google is an easy resource. Put the name of the company or the names of the company’s top management into the search engines and see what comes up; some of the results might be shocking!
Tip 2: Thoroughly read the policy and procedures documents before you join. The policy and procedures are basically the contracts with the company. Make sure you understand every word that is mentioned. Look for red flags and be careful of the terms and conditions stated. You don’t want to build a team only to have it ripped out from under you. Sadly, that happens.
Tip 3: Take your time to understand the compensation plans before you join as they might not be the same as they seem. Ask questions if you don’t understand. A good question to ask is “How many people will it take in my organization, on the back end, meaning residual, to make 10K per month?” See what they say and ask yourself how doable is that for me?
Tip 4: A supporting and guiding upline is extremely important to MLM success. You need a team of people that work together and leave their egos and attitude at the door. If possible talk to others in their downline and see what they have to say. Many good people enter into MLM being promised support but get none because their upline has moved on to recruit others or they are too busy helping the “superstars”.
Tip 5: Good training is important. This training is useful when you are on the field. Training where you get some basic skills needed to do this business. Of course, you shouldn’t have to pay for it!
MLM is an amazing business when you ally yourself with the right company. By following these 5 tips you will increase your chances of success by avoiding being victim to an MLM scam.
