Tuesday, February 10, 2009

How To Investigate an MLM Company Before Investing Your Time and Money

If you're like me, you're probably thinking of ways to make you just that little bit richer, and without having to worry about changing jobs or working too hard to do so. Well, the great news is that there are hundreds of ways to do this on the internet, and the even better news is that you can start today. It's called MLM marketing, and there are many MLM companies out there, so you're bound to find one that interests you. However, make sure you do what I did, and check these companies out first before spending anything.

MLM marketing (or Multi Level Marketing) is pretty easy, and that's what I like about it. Basically, you get something to sell, and find other people to not only buy it, but sell it for you too. Then you all get a share of the profits, so everybody wins! Great, huh? But like I say, there are hundreds of MLM companies out there, so I recommend you do the following to make sure you get hooked up with the best:

* Look at the company's track record. This is pretty easy to do, but it can save you a whole heap of money. When I was looking for the right MLM company, I made sure I found out how long they'd been going. This is really a no-brainer, since it's usually the best companies that last the longest.

* Ask about a fixed phone number and a real address. Let's face it, you and I know that without an address, you're classed as homeless, and do you really want to give all your money away to a homeless company? Me neither. And unless they have a phone number where I can reach them day or night, they're not getting my money either.

* Speak to real people. I had seen a lot of "testimonials" by people who'd succeeded at companies while I was looking for the MLM company I wanted to join. But then I thought anyone can write a testimonial, and it could all be made up too! So try and speak to actual people who've been successful within that company. It's pretty easy to do, as well - if it's a decent company, the owner will give you names of people you can actually speak to.

* Costs. This is one of the biggest things you need to check. Like I say, I'm not rich so I can't afford to throw money left, right and center. So I made sure I knew what extra costs might be involved, like a monthly subscription or minimum purchases of the things I want to sell.

* Ask what the realistic potential of the business is. Sure, I could tell you that I want to make a million in my first year, but come on - how likely is that? So find out what you need to spend, and how much you should expect back.

At the end of the day, a good MLM company wants you to succeed just as much as you do. After all, any profit I make, they'll make too. So don't be afraid to ask questions beforehand - I did, and now I'm making a nice amount to allow me extra vacation this year, and I can't argue with that!

Yoshi Kundagawa is a freelance journalist. He writes about entrepreneurs, mlm and network marketing. You can read his articles about MLM Companies,at his blog: http://www.ilovemlm.com/blog

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