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Wednesday, February 23, 2011

5 Pillars of MLM Companies

My Personal Mentor and friend, Michael Dlouhy discovered "The 5 Pillars" of successful MLM companies.  He did this by joining over 100 opportunities and analyzing EVERYTHING about them. What works, what doesn't.  Why do some people succeed and some do not?  Before joining any opportunity or business I highly recommend you read the Policies and Procedures and make sure the company has the 5 Pillars I have listed and described below.

1. Company Management Experience With Integrity - Do the Presidents and Executives of a company know what it's like to be a distributor just starting out?

2. Timing in the Company and Timing in the Industry - Are there consistent profits or a high overhead?  Is the product going to be something that will be needed in the future?

3. A Great Product at a Value Price - Most MLM companies has outstanding products.  But do you have to give reasons why the one you have to offer is so expensive?

4. A Compensation Plan That Rewards Part-Timers - If you can only work part-time from home will you be compensated for your effort?

5. A Proven Duplicatable System - You shouldn't have to "hound" your friends and family.  Does the company have training offered that is proven to work, gives you necessary information on skills you will need, and an easy to understand and navigate backoffice?

As you look at and think about the company you are in or one you may be looking at to join, it is imperative to YOUR success that these 5 Pillars are in place.  For more information on this topic and other key areas of Network Marketing I invite you to click the link below and read the FREE EBOOK!
An Essential Tool For YOUR Success in Network Marketing

Your Friend,
Margaret Wilson