5 Pillars to Success
70
How to Spot a Great Company
Does your company pride itself on integrity, credibility, and ethics? How many of your actual clients and customers will back this as the truth? If you answered not many, then you would be absolutely right. Having a business that deals honestly and ethical sometimes seems to be a thing of the past, but, there is hope. In order to spot a company that has these three key qualities, you need to educate yourself.
Pillar number 1 is company management experience with integrity. The CEO or owner of the company needs to have experience in the field. You wouldn't want to put a person who just started working today on the phone servicing your customers would you? Of course not, and It's no different with MLM or network marketing. The person who is leading you needs to have built a dowline in order to show you how to successfully build your business. Look at the company management and see if they have any experience.
To really get real results here you will have to be a critical thinker. Do a Google search on the company and the CEO. You will be amazed at home many of these people have failed at previous business ventures and are lying to you about their results. Read the biography of the people running these companies. Have any of these people been successful in network marketing or MLM. If the people running the company don't have any training or experience in MLM or network marketing, how will they ever teach you to run the business and build your team?
Pillar number 2 is the timing in the company and timing in the industry. How long have they been in business? Are they in the pre-launch phase of the business? It is so important to look around and see if the opportunity will be right for you. Do not skim over the timing in the industry. The business needs to have been around for at least two years. Be very careful selling technology, in two years the technology will be free.
Pillar number 3 is a remarkable product. You have to have a really great product that stands out. Find the product that everyone is screaming they want and fall in love with that product. Are you selling a product that has only one time sales? If you do, your money is made from recruiting other people. You will constantly have to bring in new sales all the time. Stop listening to people who tell you that you have to believe in the product. You don't have to believe in the product to sell millions of dollars worth. Sell what people want.
Is your product something people will buy if there was not a compensation plan attached to it? You need a product that people will buy whether or not you have a business opportunity to go along with it. If you are in a company, where your money is made recruiting people, you are in an illegal pyramid scam. Folks the government will not hesitate to go after you if you are one of the top distributers who are making a great income.
Pillar number 4 is compensation plans. You have got to have a compensation plan that pays the part time worker. If the person sponsoring you tells you that the company is making millions of dollars that just tells you that most of the distributors aren't making a dime. Most companies pay five percent to the lowest distributors, fifteen percent to the middle ranking distributors, and thirty five percent to the top ranking distributors. When you build an organization seventy five percent of your people will be product users only. Use the comp plan that takes the least amount of people to make the most amount of money.
The top three percent of the people will be the ones that make most of the money. You will need to crunch the numbers to come up with how many distributors to make ten thousand dollars with. Make sure you know how much money you will make. If you would not go into a regular job and not ask how much time you have to put into the job and how much money you will make, why in the world will you do this with an MLM or network marketing company? Folks do your self a favor and crunch the numbers so that you know how many people you need and how much time and effort you will have to put into the business.
Pillar number 5 is having a proven duplication system that will allow your people to duplicate the system after you quit building the business. If you are in a company and your upline sponsor says these words to you, run quick and get away from them. When they tell you to buy leads and make a list of friends and family, run as fast as you can. What they are telling you does not duplicate. You have to have a proven duplication system. You do not want to have a business that doesn't grow if you take a vacation.
Learn how to fish rather than being given a fish. You need to know how to advertise as well. The business that you get into, whether it is an MLM or a network marketing company, has to have a proven duplication system that anyone can do. Will the average person be able to do this? This is a question that you will be asked by people who are just learning the industry and are in need of answers. You will have to be able to give these people something to work with.
Most people who join MLM or network marketing will be part timers. With that said you already know that you will need to provide them with the tools which will allow them to easily learn and then duplicate what they have been taught. So how do you do this? This is an easy question to answer. You give them the system that they can do with the least amount of time doing it.
You need to be able to put them on the phone with five to maybe twenty people who have used the system and have had great results. Folks if you can't do this than you are toast. People want to be guided by others who know what they are doing. Be prepared to talk the talk and walk the walk. A proven duplication system is pillar number five. Your lack of success is not your fault. It is not your fault and you are not a loser. You just didn't know that the cards were stacked against you.
In order to get the skills you need to educate yourself, you need to get involved with a successful group of people who are working together to build their business. Take the time out and learn the skills needed to own your life.
Wishing You Wealth and Abundance
Written by
Tabitha Variance






