Monthly Archives: January 2011

The reason network marketing and work at home MLM business have grown so much in popularity is because they offer a unique opportunity for the average person. This is literally the most fair business model that exists on the planet. And few other businesses have such an accessible point of entry. But there is an old way to build this type of business, and a new way. The old way comes with a 90% failure rate, the new way doesn’t. This article explains the difference between the two, and how to get the maximum benefit from these types of opportunities.

Work At Home MLM – The Old School Method

Traditional network marketing/work at home MLM relied on a person’s ability to connect person to person with new or existing contacts, and promote to them a particular product or business opportunity. This worked extremely well for people who were very well connected…but ironically many of these people were relatively well off in the first place. The average person, not knowing as many people or having the skills to go out and meet dozens of new people per week, often struggled. This is the number one reason for the 90%+ failure rate associated with the network marketing industry. This is a numbers game, and the average person just didn’t have access to the numbers they needed to be successful.

Work At Home MLM – The New Way

Fortunately, there were a few brave individuals who saw the potential advantages that our modern technology offered. They learned a few simple marketing skills and strategies (that just about any teenager or grandparent can learn) and they quickly rose to the top of their respective work at home MLM companies. These entrepreneurs were not exceptional, well connected sales people. They simply learned how to put what they had to offer in front of the people who were looking for it.

Work At Home MLM – How To Give Yourself The Best Chance At Success

There are many great companies and opportunities out there in the work at home MLM business industry. But if you understand a few simple things, a person can give themselves the best chance at success.

Partner with a company who shares your values, and has a greater mission than making money Partner with a great team of people who are strong leaders and can show you a proven track record of success Partner with a team who can teach you the online marketing skills to make “The New Way” your reality (10-25 well qualified leads per day is a good start…)

Do your due diligence, learn these modern day skills and strategies and you will be well on your way to financial freedom within.

By: Rob Sinclair

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In the MLM industry, is very common to get excited and truly believe we are in the right company. Excitement is one of the most common signs of the new marketer who just joined an MLM company. I’m not saying in any way that there’s something wrong with that, but usually the experienced marketers are excited but they focus more into working the business using logic and credibility. There’s a network marketing book called “Your First Year in Network Marketing” by Mark Yarnell in which he explains how the experienced marketer works his business consciously knowing that success is just a matter of time.

There are many great companies out there with a variety of products and services, but how can you determine if you should join a certain company?

Well, let me tell you that there are many multi level marketing scams out there. The internet has thousands of people pitching about their multi level opportunities which in many cases are not legitimate.

Things to look for in a company:

Founders. Look at their experience and achievements in the industry. Many companies don’t even show their founders faces.

Products: Are they new to the market?, are good quality and affordable for most people?, are they unique?

Company: Is it debt free?, plans for growth, plans to donate money for charities organizations?

Compensation plan: Is it profitable?, is the minimum volume requirement reasonable? Fast bonuses?

These are only the basic things to consider when selecting a multi level marketing company.. Also see if they have a great multi level marketing system that you can learn and teach duplication.

It’s very rare to see a company with all these four elements in place. If you find a company with experienced founders, unique products, strong company, and a great compensation plan, take a close look and put it at the top of your list of companies to consider. Take your time and ask the hard questions, you’ll be surprised of how many different opinions you’ll hear.

If you happen to be in one great company, you can proudly say “I’m in a “Top MLM Company”.

Much success to you.

David Rodriguez

By: David A. Rodriguez

About the Author:

Are you thinking about opening a dollar store? Or, have you located an existing store that’s for sale? Under the right circumstances, there are certainly some great advantages to purchasing an existing business. However, don’t jump right in and start signing paperwork. Wait until you have thoroughly examined the business operation. Even more important are the financial records of the business. These can tell you the unique story about the business you are examining, and unlock both the good news and the bad news about this business.

The financial records of the business can disclose unexpected sales increases and decreases. These can present the current owner’s profits picture and raise questions that you must definitely have answered before you make an informed decision. And of course the right one to help you understand the story the books are telling is your accountant or CPA.

Look for sudden drops or increases in sales. When did they occur? Is there a corresponding drop or increase in expenses and profits for the business? How do the year-to-year sales and profits compare? Do purchases of merchandise correspond to the timing of sales changes? All of these and more must be explained.

In some cases, those opening a dollar store may have done advertising and promotion that corresponds to increases in sales. On the other hand, reasons as simple as roadwork being done or temporary changes in auto traffic flow explains decrease in sales. Possibly a new competitor has entered the marketplace and taken dollar store sales and dollar store profits from the business. The list of options and questions will just keep growing as you dive more deeply into the store’s results.

It’s also important to look for management errors. Perhaps the owner allowed inventory levels to drop too low, thus losing sales for the business. Maybe there is a change on store hours that have created a disastrous impact on sales. These errors can be corrected. However, the corrections may affect the current value of the business. After all, it will take time and money to recover from deep drops in sales.

Be sure to examine thoroughly the financial records for any existing dollar store business you are considering for purchase. If you’ve decided buying an existing store is the means of opening a dollar store those financial records can be worth their weight in gold in the decision making process!

To your success when opening a dollar store!

By: Bob Hamilton

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