Tag Archives: MLM Newbie

Types of People Who Are Looking For Opportunities

Remember that people join network marketing companies for their own reasons. However, the character or intention of a person will determine how far they want to go in network marketing and you can usually determine this during your first conversation with a prospect.

Here are classic examples of different types of people.

(1) The Genuine entrepreneurs seeking an opportnity
(2) The Product consumers
(3) The supporters
(4) The junkies
(5) Those suffering from 001 syndrome

Genuine entrepreneurs are the most important people in building a large business. Not all are leaders but leaders are not born, they are developed. This group of people also can be product consumers.

Product consumers are people who join a network marketing and buy from them because they like the product and enjoy the service of their upline. They are the bread and butter of your business. They are not necessarily genuine entrepreneurs or builders, yet for many builders, a lot of their income will come from this group.

The good thing about them is as they learn more about the product, the company and interact more with their upline, their exposure to Network Marketing grows and they might convert to wanting to build a business.

Many of your team members may start off as consumers who just want to experience the benefits your product gives them. Once they shared with people they knew, they started to build a business despite their intentions. This is what word-of-mouth marketing is all about.

The supporters category is quite a mixed match of people. When their close friends or relatives build a network marketing group, they will join under them to support their businesses. However, the consequence of that action varies according to the individual.

For example, I would join my friends organization but it could be purely out of obligation and not for any genuine good reason. This could potentially lead to resentment (when you mix business dealings with friendship), confusion and even loss of friends. Others might even join to see if their friend or relative is involved in a scam to try and pull him or her out.

In order to prevent any potential disaster, make sure your intentions for joining a network marketing are very clear cut. While there is nothing better than helping close friends and family, you don’t want them to feel obligated to join your team. You want to share the value of the program you chose and let them join then.

Network marketing junkies are the sort of people who jump from company to company hoping to find their pot of gold. They attend a talk, get hyped up about the opportunity, and build the business on euphoria. Sooner or later, they lose steam and find problems with the company (when the real problem is themselves most of the time) and jump to the next super hot business opportunity.

It is not wrong to be a member of many network marketing companies (depending on your budget). If you are a member of many companies, it is ok to do a good survey and attend trainings, but the key to remember is you must focus on one good network marketing for the long run and the others can operate on a referral basis (like recommending a friend to buy a product from another company while building one main one). Very few people can chase two rabbits.

But there are many good products out there represented by network marketing companies and I encourage you to try them and know the competition as well.

This leads us to one more category of people who could be network marketing junkies as well as those suffering from the 001 syndrome. Basically they want to be the first to start building a business in a brand new start-up. They want to be the pioneer, the first in.

There are many pros and cons to assess about a new company, things such as their background history, financial status and product market rather than just focusing on the income potential. There are many more challenges to be faced for people who are sponsored directly under the company and new companies do not usually have a time-tested workable system in place.

If you fall into one of the above categories (or even some or all of the above), these will give you a general guideline on how to improve your choice selection of network marketing companies and which to join. My hope is you find the right one for you and that you find a mentor to help you be successful.

About the Author

Jim Fobair has built network marketing teams worldwide and is now a recognized trainer and leading distributor with Tru Chocolate. Find out how you can team up with Jim at JimFobair.com and on his blog site JimFobair.net.

Article Source: Content for Reprint

Are You Unsuccessful In Your MLM Business?

The MLM business can easily double or triple your cash. Provided that you do not fall first in either one of the common mistakes done by error-prone MLM business producers and distributors.

1. Avoid MLM business groups that offer commission-based compensation among distributors. There is a big possibility that it is an illegal pyramid.

The act of alluring people or business finders to enter an MLM business group has been an ordinary day-to-day street transaction among business-minded people. There are those people who will explain first the benefits that you can get from their group.

But the reality is that they will just reverse what they had said. Believe me, it may not always be the case but beware still. The only assurance you got here is your having a job. But your assurance of getting paid evenly or squarely is diminishing. You can be paid still, but until when?

2. Avoid MLM business groups that oblige the new distributors to buy expensive products or any materials that the group offers. This might be another sign of potential danger.

It always pays to be nice. But some nice people are sometimes not at all nice. It is not always the case. The truth behind is that there are pyramid groups that force their newly entered distributors to purchase the expensive products or materials. Fake pyramid groups always have at the back of their minds the amount they could get. Sometimes it turns to be something from nothing.

Take this friendly advice; find ways to quit that group.

3. Do not heed what the pyramid promoter is promising that you can have more money through continued help in recruiting more distributors. This is another clear sign of your being a victim of illegal MLM business. The bottom line here is work with just compensation. They might just be using you for their personal interest.

4. Some distributors do not give enough time or attention to their MLM business. This is important. Some people are joining the group half-heartedly. But take note, it will count days or months to build an elevating career in MLM.

5. Some MLM operators take the business reluctantly as if its status will not able to decline in time. Each member of the MLM business group must work hand-in-hand to sustain the set objectives of the group. This practice is not just recommended. It is a must to follow. But doing the otherwise will lead the path towards business failure.

6. Not realizing why you are operating the MLM business. You may realize suddenly that you do not have a definite target or objective in your business. It might be a reality that some are born as invalid plan setter.

Early from the birth of your MLM business, you should have already realized the reasons why you are driving the business. Recovery from money problems of the business is not like counting 1, 2 and 3. Setting your business objectives is the keyword.

7. Have a well-established commitment to work and duty. There is no better time to start moving than now. Product distributors must attend to their respective assignments. One cannot make the MLM business grows by just merely looking at it.

Be committed to you work. Have time to pinpoint your MLM business weaknesses so you can catch-up for any committed mistakes.

About the Author

An “unknown” rookie after wasting thousands of dollars cracks the code to building a recruiting machine on steroids. Now income flows into his bank account whether people join his downline or not!

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What to Expect from a Network Marketing Business : Explained!

Image by Darwin Bell via Flickr

Things you should see and receive as offering from an MLM opportunity
How many times have you heard about a network marketing business being perceived as a scam? Probably, many times! There is a simple reason for such interpretations among people.  Like any other business, you may compare apple to oranges [...]

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