What Do You Do When Your Network Company Gives You The Pink Slip!!



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It is very sad to see this when it happens. But not uncommon in this Industry.  “Don’t give up”.  It’s not your fault.  When you fall down, you get back up and this is what you have to do.  Learn from your failures. We, as network marketers, really understand this concept, we learn from our mistakes and failures.  You have to move on and use it as a learning curve.  Take your inner strength, courage, skill and faith and continue to move forward.   Learn what the right company for you is.

Now I say to myself, what do the network marketers who have got their pink slip do who have a downline or list?  What do they do next?  Well the answer is
find a 5 pillar company. If you are a network marketer, does your company stand up to the 5 Pillars of Success.

  ·  Pillar 1:  COMPANY. Does the company management have rock-solid experience backed with unquestionable integrity?
·    Pillar 2:  TIMING.  Timing in the company.  Timing in the profession of the network marketing.  Timing within national and global trends.
·    Pillar 3. PRODUCTS:  Remarkable products people will buy even without a compensation plan attached to them.
·    Pillar 4. COMPENSATION PLAN:  A compensation plan that rewards the top builders as well as fairly rewarding the part-time person.
·    Pillar 5. PROVEN SYSTEM.  A “proven duplicable system that allows part-time people to create a significant ROYALTY Income and full-time people to create an extraordinary Royalty Income.

If you are not familiar with what Royalty Income is, you should.   Some people know it as passive, recurring or residual income.  Multi-millionaires know the secret to creating true wealth is in creating Royalty Income.  That’s when you do the work right ONE time and get paid over and over and over again for the work you did.   For Example, J.K. Rowling did the work right one time by writing the Harry Potter series and today she collects a Royalty check from her publishing company every single month.  She never has to write another book.  Fact is, she even makes money while she sleeps. That’s ROYALTY INCOME
So you may be saying that I am not a writer or movie star and I have little or no talent. There is HOPE.  There is another way to develop ROYALTY income.  There’s a way to get monthly checks for thousands of dollars so you can do the things you want and own your life.  Network Marketing is responsible for $110 Billion in global sales-every year.  That’s more than Fed Ex, Coca-Cola and Microsoft COMBINED!  Network Marketing is a SERIOUS Business.
I want to explain another type of income, called Linear Income.  Linear Income means—you receive income when you work.  When you stop working, your income stops. Linear Income continues only as long as you continue to work. Examples:  a secretary, an accountant, a nurse, or a waitress.    Are you getting the picture?  Which type of income would you like to have??
If you are a networker marketing pro or newbie, nothing can stop you from becoming a professional, expert, and leader. You can’t lose no matter what. It’s the internet.  “What happens if my company falls apart and goes out of business?  You still can’t lose because you will have the skills.  You have the ability to create anything you want. You just need to know How to Market and Learn your Skills.

Here are some things to considering when looking at new network marketing business:·    Does the company management have personal experience building their own networking organization?
·    Have they done it with Integrity?
·    Search Google for the owners of the company.
·    Do the owners have Integrity? (Add the word ‘Scam’ to your search).
·    Do the owners have a corporate background or an in-the-field Network Marketing background?
·    Read your “Policies & Procedures” and “Terms & Conditions”; both are part of your Legal Contract.
·    Look for the word “Ongoing”.
·    Look for policies that strike you as “Unreasonable”. Like “Termination, with or without cause”.
·    Ask yourself “Does this contract protect me or the company?” “Is it clear which way it leans?”
·    Does the company charge you for training or a company web site?
·    Does the company charge you for each paycheck they send you?

Rules of Thumb:

·    The longer the contract, the greater the possibility that the policies important to you are being hidden in “Legalese”!
·    If it’s a “Cash Only” business…It’s a Scam!
·    If you can buy a position at the top…It’s a Scam!
·    If you are offered a “Special Deal”…the playing field isn’t level for all.
·    If the products are sold on eBay at a greatly reduced price…Buy there instead.
·    If a company is publicly traded, Financial Decisions Will be made in Favor of the Stockholders at the Expense of the Distributors.
Also check these two websites: www.MLMwatchdog.com and www.MarketWaveInc.com.

If you decide to keep networking, you cannot lose; the only networkers who lose are posers and quitters who haven’t developed skills.  You can’t get fired, you cannot get knocked out and you can’t lose no matter how long it takes.  Nobody can stop you.  Stay true, stay focused, be you and genuine, and be consistent. Stay in the game and never give up.  You will succeed.  Learn How to Market Right!

 
For more information, please contact me: If you want to know if you company is a 5pillar company, then send me an EM and I will find out for you.  If you need help in any area of marketing and where to start, get in touch with me and I will help you. 

Therese Catanzano
http://theresecatanzano.com

1-781-475-4440

Join me on my social sites:

http://facebook.com/therese.catanzano

http://twitter.com/ThereseRN 

 

 

 

 

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About the Author: Therese Catanzano

Member Since: 11/24/2008

Industry: Marketing and Advertising

Primary Web Site: http://www.TNNMarketing.com

Comments

All great insights Therese!

Helping people to learn and understand is what makes this business incredible!

Paul Murphy — Sat, 03/20/2010 - 7:06am

Valuable information for all!

Very valuable information to help everyone find a great company where they can make money and not waste their time on loser opportunities. The Network Marketing world needs this information. Thank you for posting!

Lynn Jones — Sat, 03/20/2010 - 8:19am

You're Right

The only way one can fail is if they QUIT. Having skills are fine, but you must APPLY them to get anywhere. As long as I have skills and USE them there is no room for failure. Thanks for sharing those important skills on how to evaluate a company. This will help a lot of people.

Zelphina Pierson — Sat, 03/20/2010 - 8:50am

The lesson learned here is ...

Don't put all your eggs in your network marketing business opportunity. That's the lesson and anything else is superfluous.
Any company can pull the plug - even yours !

Joyce Penner — Sat, 03/20/2010 - 9:07am

Therese Keep telling them loud and Clear!!!

Nothing is Perfect! But we want to be in the best possible position for Success. Network Marketing does that. Then the Right Company Provides the best possible vehicle for Success. And the only way you will know is if it past the 10k test and the P and P Test. If you are doing this as a hobby it does not matter. If you are a Professional You BETTER Know the answers.
Your friend for life
Juanita Waterman

Juanita Waterman — Sat, 03/20/2010 - 9:41am

One thing is for SURE...

...change happens! So what does that mean when choosing a company? Does that "let us off the due-diligence hook"? NO. In fact, it makes it even more important to add critical thinking and logical criteria to the process. Just one of the more obvious things we can look at: Has the company been "wise" enough to survive the critical first two years of business? (Over 97% aren't.) How have they dealt with the changes that have already happened in their business? (Have they shifted more money into or out of the compensation plan?)

So, yes, any company can fail or "pull the plug." But, viewed in that light, using a set of logical, proven criteria to evaluate which companies have the "pillars" in place to survive inevitable change makes even more sense to me.

Lyn Mullins — Sat, 03/20/2010 - 10:09am

And what guarantee do you have?

In ANY company? Your future is in the hands of one or two owners. You DON'T own the company. The decisions are being made by others. What guarantee do you have in any company?
Answer: None. So what message exactly do you want to pass on to everyone? That your company will pay your children's children? I'll repeat the question: What guarantee do you have of that? I'll repeat the answer: None.
Owning your own business takes more than becoming a paid sales rep for the owner of any company. (Light bulb)

Joyce Penner — Sat, 03/20/2010 - 10:31am

Shout It From The Mountain Top's !

Great Article Therese,
It's never a good feeling to receive a pink slip that's for sure, when you get one it alway's seems to come at the wrong time.
So if you're gonna go all out you might as well do it right.
Now that I am finally involved with a 5 pillars company I can finally say that I AM HOME !
Keep On Sharing The Good News Therese !!!!

Steven Squillace — Sat, 03/20/2010 - 2:31pm

Everyone

Thank you for your comments.

Therese Catanzano — Sat, 03/20/2010 - 11:05pm

Hey The only things is for real is death and taxes..............

and the choice of making good choices..................that comes in building businesses and our lives.

Thanks for the article....Your friend, Jan

Jan. Knutson — Mon, 03/22/2010 - 6:16pm

Hey The only things is for real is death and taxes..............

and the choice of making good choices..................that comes in building businesses and our lives.

Thanks for the article....Your friend, Jan

Jan. Knutson — Mon, 03/22/2010 - 6:16pm

ARE YOU ALL IN??

There are 2 Type of Marketers, those who are serious when building there business to earn a 5-6 FIGURE residual income and then there are those who market as a hobby and never get grounded. If your serious, its time to roll up your sleeves!

Click Here If You Are Serious!
Email: ThereseCat1 [at] gmail [dot] com
Phone: 1-781-475-4440