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3 Questions To Ask Yourself

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Potential Questions and Objections
Don’t automatically assume your prospect is going to have a negative perception of MLM and that you have to defend network marketing. It is best to ask questions in response to their questions so you learn, figure out, where they are coming from.
questions,mlm,negative,network marketing,learn

Multi-level Marketing
In very simple terms, Multi-level Marketing (MLM) is spending more time on making your customers SELL for you rather than BUY from you! It is the art of turning your customers into your trusted brand ambassadors, i.e. your sellers.
multi-level,marketing,MLM

How To Write A Well-Themed MLM Article
How To Write A Well-Themed MLM Article

Needed: A More Proactive Approach to Enforcement of Laws Against Pyramid Schemes as Applied to MLM’s
One of the insidious features of many MLM’s is that promoters often aggressively harvest the rewards from building their pyramids and disappear before enforcement agencies can catch up with them.
law,pyramid,schemes,mlm

Types of MLM Compensation Systems
A frequent argument of MLM promoters is that while they may agree that there are problems in the MLM industry, each will claim they have solved the problems with their new brand of MLM compensation system, which is supposedly more fair, honest, generous, etc., than all the others.
mlm,compensation

Naked Pyramid Scheme vs. Product-Based Pyramid Scheme
To distinguish between typical pyramid schemes and those masking as MLM’s, I will introduce two terms that should help clear up the confusion between the two, along with some features which they have in common.
pyramid,scheme,mlm,product

Challenge to the Industry: "Prove Me Wrong"
As feedback began coming in, I began to see patterns displayed by MLM’s that were eerily similar to illegal pyramid schemes.
industry,mlm,companies,network marketing

I decided to investigate MLM for myself
As a long-time critic of MLM programs, I was curious to know why so many otherwise intelligent and capable persons were involved.
pyramid,scheme,industry,mlm,recruit

Destructive Effects on the Lives of MLM Paticipants
The effects on the lives of participants is well described by Robert Fitzpatrick in excerpts from the web site of Pyramid Scheme Alert:
mlm,pyramid,schemes,network marketing,multi-level

The History of Pyramid Schemes and Multi-Level (or Network) Marketing (MLM)
The history of pyramid schemes in this country is fascinating, but I will include merely a brief sketch here.
pyramid,scheme,multi-level,network marketing,MLM,Ponzi,money



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3 Questions To Ask Yourself

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When you are in that place where you where you find yourself sometimes when you are trying to determine how to start a business if you are new to networking –or- how to change your business so it becomes successful if like many you have been networking for a long time.

There are 3 questions you should probably ask yourself.

• The #1 question you want to ask yourself about networking is - how many people actively ordering product every month do you need to make $10,000/month in "walk-away residual income".

We picked $10,000/month because its an easy number to deal with because you only need to multiply or divide the $10,000 number to get to whatever goal you define for yourself.

In some companies you need 3 or 4,000 people; there are other companies where you can do it with under 350 people. What company would you rather be with? We show you how to figure that out.

That's important because 90% of the people in Networking are part-time people - to a part-timer there is a very important difference between needing 35 or 40 people to make $1,000/month and needing 4 or 500 people to make the same $1,000/month.

So you can see why a part-timer gets discouraged and quits when he finally figures out that he needs 4 or 500 people actively ordering product every month to make $1,000/month. Would a part-timer rather make a $1,000 by bringing in 35 people to his company?

Now do you see the importance of picking the right company? Especially for the part-time networker. With the right company, you will be able to maximize your efforts. I'll say it again, 90% of the people in Networking are part-time people.

Walk-away residual income means: When you go away to a desert island (another way to say retiring) so you can enjoy your leisure - your company will continue to send you your check every month.



• The #2 question you want to ask yourself about networking is - does your company have the phrase "On-going Obligation" in their Policies & Procedures manual.

This usually means they can cancel your contract if you are not active in the business.

They will have ways to measure whether you are active or not; like bringing in new dealers or maintaining a certain volume or traveling to conduct training classes - things like that.

If you decide to retire, for example, you can keep getting your residual income check only if you satisfy the requirements specified in the On-going Obligation section of your Policies & Procedures manual.

A contract is a legal document. The Policies & Procedures is part of that legal document.

You probably didn't even see yours until after you signed up and purchased your first product package. It’s probably on your company website somewhere; only you probably didn't get to see your website until after you paid the money to join up.

Have you ever started a job without knowing how you were going to be paid?

This is a private call and its not recorded; our training calls are open and they are recorded, so, we never mention companies and products on those calls. But we can here because this is a private call.

The choice is yours - what company you affiliate yourself with - but please be very careful of non-5 Pillar companies.



• The #3 question you want to ask yourself about networking is - Would you ever start a job without knowing how you were going to get paid?

I know I have done that in the past; but I will never do that again. I can't believe I did this, but I did - it goes like this:

I got introduced to a product I really liked and believed in. So knowing little more than that, I said sign me up, by the way how much does it cost, and I bought in at the super-duper level, got a startup kit and got some product at the wholesale price.

I also got a website - that I had to pay for - and I still didn't know how or when I was going to be paid.

Total, blind faith. And you know what? I was not successful. Are you surprised? And guess what; I did that three times!

Since joining Mentoring For Free, I have learned what to look for in a company, it's their Compensation Plan and their Policies & Procedures. Because of what I now know, I know I will never do that again!


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3 Questions To Ask Yourself
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