Are You Looking into a Good Comany?

Deep down, all of us MLM’ers have at least one goal or dream in common. We all want to own our lives being Financially Independent. We can work together and teach each other how to reach these things or you can do everything on your own. Look at it this way, what would be easier for you - pushing a train on your own or pushing a train with thousands of people all pushing in the same direction?

That said, what a work from home owner needs to know is the difference between a Good Company and a Bad One? Here are a few things briefly explained that you should look for.

Well, the first is whether or not the company is owned and operated by MLM/Network Marketers who know what it is to have built an organization such as this type. These people will have more "respect" for their distributors.

Next for a good and competent MLM/Network Marketing Company is “Timing in the Company and Timing in the Industry.” By this, I mean what is the company’s age and where are they in their lifespan. Most startup companies don’t even have Policies & Procedures and a Comp Plan - some will give you an example of what they would like to give but it always ends up changing. On the other end, most very old companies have Policies & Procedures and Comp Plans as old as they are which in today’s world wouldn’t work for the Best Network Marketer that ever stood on this Earth.

Things to look for in the Policies & Procedures are if you have a renewable Rep License - Not Good – and also if the Company can terminate your position at anytime without prior notice - also Not Good. If your company has more than 15 pages of P&P, you have to ask yourself why they need so many pages.

Third, a good company is the product(s) themselves. Are they "value priced" so that the distributors can actually retail product or are they priced so high that they drive recruiting with a heavy hand at "needing the business opportunity" to "sell" product? Often this is simply because of the company's excessively high overhead costs. Ask yourself this question, “If the Products were not part of the MLM company, would you purchase the Business Opportunity? If not, you just identified one to pass on.

A Good Company is the "compensation plan". Is the compensation plan one that truly works for the best interests of the distributor or is made to look like one? Can part-time member make a realistic supplemental income? Something to consider is “How many people do you need to make $10,000/month ?” If your answer is 3000 to 5000 people, this is too high. If your answer is 300-500 people, I don’t have to draw you a picture to say that it is a GOOD Opportunity.

Finally, a Good Online Business is one that has a “proven duplicate-able system.” To be successful in this industry you need a lead generation system, you need to do follow up on prospects, sponsoring, and training. If you do not have a proven duplicate-able system already in place, then you will have to do that all on your own. Believe me that it is a long and lonely path to take as you will start to question yourself, get depressed and simply quit in the end.

These are five things to look for in a company and they will help you determine if you are in a Good Company.

Don't Be A Loner - Take Advise from Others

To be honest, when I heard of joining forums and the social networking groups I wasn't very thrilled with the idea because I thought it seemed like a waste of time and wouldn't really be the most productive way of getting things done. But I'm starting to change my mind, partly through reading article on Better Networker. We can never have all the kinds of friends in our circle that will meet all our needs, and having a home business match is specialized so we need specialized mentors.

Do you like to work independently and figure out everything for yourself?

That's a good thing, but has its downside. There are some steps and functions you simply need a coach or friend to help you through. I read just a short time ago about a gentleman who loved to problem solve and prided himself on being able to figure things out for himself. This same person went on to say that when he finally asked for help and got his nephew to fix something for him, that solved the immediate problem but the next time he forgot how it was done. So that brings up another issue...you need to write things down in easy to follow steps.

Building a library of things you have learned

I know these days we don't want to generate too many files, but one file that might be useful is a file where we keep track of interesting advice or tips that we come across. It could be kept just in a folder on your desk top. I write down the advice or tip if it is not too long or make not of where I found it so I can review it when I need to as printing everything off is too expensive and generates too much wasted paper. This kind of file will definitely pay dividends as you move around in the internet checking for tips on PPC’s, lead generation, and other parts of the mosaic of making money online. You will have a master file to refer to whenever you need an answer. It's the next best thing to a personal coach which I recommend one if you can manage it.

We need to learn something new every day in our quest to make more money from our homebusinessmatch. Let's remember that most of us can't do this alone, we need some kind of help, and building a library of these helps will be of great benefit in the future. Let's realize our limitations and research all the help that's out there.