“This is the freshest pre-launch MLM opportunity in the world. Join now!”
Timing is everything, or is it? Most new internet promotion companies fail within three years. So the question begs : Is it worth the risk to join a new network marketing program in prelaunch?
So the question to ask is are you wanting to chance joining an unproven MLM company during its pre-launch, or would you prefer the safety of joining an entrenched and proven operation?
Manifestly the more teams of distributors an MLM company has the more sales it makes, that is obvious. Once their break even amount has been reached then the company is in profit, so the faster they get the product out into the market, the quicker they can reach that break even point.
The enterprise model of an MLM company is designed so the more distributors it has the more sales it will make. In this pre-launch phase the company won’t be making any cash and its target is to get over this unprofitable time as swiftly as possible the more distributors it attracts, eventually the more product it can get out into the marketplace swiftly.
When any companies starts out it’ll take them numerous months to reach a breakeven point and to start showing a profit, so clearly signing up as many teams of new distributors as practicable the shorter that unprofitable phase will be.
Wow that sounds great or is it? Don’t dive into this too swiftly.
The rate of failure of companies in the multilevel selling business is massive only 10% of these companies succeed. Give it some thought, you have spent 2 or 3 years building your team, becoming a leader and working tirelessly to make the best revenue. This is the danger, if it all goes belly up you lose everything and you’re back to square one, but on the other hand many of us have managed to make huge incomes.
The success fulness of an MLM company can often be traced to the standard of its products, how reasonably its compensatory schedule is structured, and , the quality of its training. Management also plays an important role, and an MLM company has a better chance if it is management personnel have prior experience inside multilevel marketing. Of course the product is also extremely important it has to be evergreen, of top quality and cost-effective not something that can be purchased at the local shop for less. Evergreen means people will always need the product.
It all sounds too good to be right. In some cases it may be.
If the company takes off, you can harvest great rewards by being one of the first thru the door, either by already having your own team, or by building a great down-line correctly.
Do not be in such a hurry that you fail to take a good look at the product, the coaching the company offers and , the type of compensation plan they are offering. Management of a new MLM business is vitally important and you have to ascertain whether the managerial team are experienced in the MLM financial model.
The product again is another important factor, is it top quality, is it something you can purchase anywhere, and will you be proud to push it? Is it something that will be out of date in only a few months?
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