Responses to home based business opportunity
Todd Klimson says:
May 19, 2010 at 04:56 AM
These are my 4 rules to test whether a network marketing company is genuine.
#1 Do they make guarantees or promises or even outlandish claims as to how much money you will make. Any claim of immediate success or :”you will be rich in 6 months” should make you run for the hills. In fact, I would run far if any one of them made any claim as to how much money you can make in a specified period of time.
#2 Do a thorough background on the leaders of the company. Find out their experience. I even went so far as to find out where they live. In the US thats all public information. Ask yourself this question “Do I want to join an MLM with leaders that live in a $50,000 house or leaders that live in a multi-million dollar mansion? ” (I’m not implying to not associate with people who live in $50,000 homes, All I am saying is join a company with successful, proven leaders). A persons current life style is a pretty darn good indication as to how much money they make and if they are successful. The 3 leaders in my MLM company have several years of actually setting up and consulting hundreds of mlm companies world-wide. That’s proven leadership. Many companies hired them to consult so if they had a bad reputation I don’t think they would get that much business.
#3 There are rules and regulations governing conduct of MLM companies and their reps. DOES THE COMPANY HAVE A COMPLIANCE DEPARTMENT TO MAKE SURE THEY ARE FOLLOWING THESE RULES. My company has one of the top marketing /compliance leaders in the world and the first thing you see when you join is the compliance video. Thats a pretty darn good indication they follow the rules.
#4 Who’s endorsing the company? This is another biggie. My MLM is endorsed by one of the top coin collectors in the US. He sold over $125,000,000 in numismatic coins last year. IN A RECESSION!! He is a leader in the company and an expert Numismatist. I highly doubt a person of his stature would jeopardize his reputation with a shady MLM company.
Hope this helps. And good luck!!
Todd Klimson
http://numis1.com/tklimson