Why You Are Guaranteed To Fail In Network Marketing (MLM)

FAQ

1. What is Network Marketing? You join a company to market and sell their products through a down-line organization which you recruit and support.

2. So how does one get started? First you research network marketing companies that fit your interests and passion. Study their 'offer' and decide if you want to join.

3. How much of an investment is required? It depends on which company you join. Some companies don't require any outlay and others a substantial investment. It all depends on which company you join.

4. How much expertise do I need? Each of the companies in Network Marketing offers some type of training and/or training calls to support you. You'll also be mentored by your so-called

up-line.

5. How will I get paid? Each Network Marketing company has its own payment process. You can read the specifics before you join a particular company.

6. Do I need to buy product before I market or sell it? That depends on which Network Marketing company you join. Some will require an upfront investment in product. Others will not. It all depends on which company you join.

7. Can my spouse and other family members participate? You very well may decide to join a Network Marketing company as a team. That's fine. You might also consider joining as individuals. You'll have to determine what works best for you and your specific situation.

8. How much money will I make? The Network Marketing company you join will have its projections. A lot, however, will depend upon your efforts and the payment schedule adopted by the company you decide to join.

9. Will I need to set up a corporation? That really depends on you and how you want to conduct your business. There are certainly some tax-related benefits to incorporating or say forming a LLC. You may want to consult with a business and/or tax professional before deciding.

10. What about business licensing requirements? Your state, or more specifically, the county in which you live will be able to answer that question for you. Just go to the county website or visit your county seat to get the specifics.

SAQ

1. So why should believe anything you say? Because I too have a dog in this fight. I succeed ONLY if you succeed.

2. So who exactly is my up-line and can you document their successes? If what the Network Marketing company is having as much success as they state, it should be an easy thing to disclose their up-lines and how they are doing.

3. When will I start actually making money? Don't be fooled. It doesn't take months and years to recoup your investment if the Network Marketing's product is in demand.

4. What marketing channels is the product currently being marketed? You need to know how much the Network Marketing company is supporting your success. You also need to know specifically how you'll be able to market the product.

5. How long has the Network Marketing company been in business and who are the principal owners? Knowing the longevity of a going concern is important as well as who actually own the business.

6. How much time am I going to commit to the business? You MUST have a plan and you must WORK the plan to be successful. That does include a scheduled time commitment to work the business on a regular basis.

7. Am I willing to stick with the plan even though I may have struggles at first? It is critical that you commit to staying-the-course even though challenges will and often do arise.

8. Am I willing to commit to continuing to educate myself so that I can provide the best and most current information to myself, my reps and the people I train and bring into this business? A plan to continually educate myself is a plan to be successful.

9. Is the start-up cost to join the Network Marketing company is substantial? This might indicate that this is the REAL way profits are made rather than the actual selling of products.

10. What type of marketing activities does the company promote to grow my business? It's critical that the Network Marketing company goes all out to ensure your future success.

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