What Do You Do When Your Network Company Gives You The Pink slip
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, right away. 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 – I got this information from Juanita Waterman who is in my primary company.
· 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. Stay in the game and never give up. You will succeed. Learn How to Market Right!
For more information, dowload this FREE E-Book: http://theresecatanzano.successin10steps.com
Therese Catanzano
http://thersecat1.blogspot.com
About the Author: Therese Catanzano
Member Since: 11/24/2008
Industry: Marketing and Advertising
Primary Web Site: http://www.TNNMarketing.com
Twitter: ThereseRN


Any Company Can Fail
I work in the telecom industry where a corporation I worked for over the last 22 years has been in bankruptcy for the last 14 months. If I lose my job I would have to go back to school to be more marketable in the current workplace and given I've another avenue to pursue, that is not likely.
So it's a good reason to remember examination of companies in network marketing is just as important as with any other industry. Though MLM companies have different business models than the typical corporation, there is at least one commonality that a huge majority that are less than 2 years old will fail.
I for one refuse to accept anything less than the most stringent requirements in choosing a company, after having years of hard work almost worthless to me in one industry. I intend on working hard to build a network marketing business only once, not over and over.
Thanks for a great post Therese!
Very good info
It is very important to check out the company that we are signing on the dotted with. It would be just like signing a loan for a home mortage. We normally read ALL of those docuements but don't take a few minutes to read our policies and procedures and do homework on the company we are joining.
Research your opportunity.
It's so important to do our homework before joining our self with a company. Doing a thorough investigation can save us misery, frustration and time. If it's a dud we wasted our time. If it's a great one.....well we are on the way to SUCCESS!
Thanks for your great information
We all need to research the information.....................
We as women can listen to our inner hearts and know those we can trust..................Trust is the main issure for success.....
thank and have a bless day and I can hardly wait to meet you.
Love and prayers. Jan
Tell me more about that precious one you have a picture with on your screen.
Education is power
Know what to look for in a company so that you the independent contractor and the company can have success is so critical.
I Wasted 18 Months on an MLM
I was with a company a few years ago and was doing quite well with them. But then I hit a wall and my business was going backwards. This caused me to take a good, hard look at myself as a leader, the type of people I was attracting and eventually, the policies and procedures of the company.
I had the hesitation deep down inside myself to even take the time out to read the P&P's. Like most people, I never took the time to read them and this is to my shame. I discovered I could never retire, could never pass the business on to my children and the company could sue me or choose to "fire" me for no reason. I was sick inside and decided to sit down and take a break from MLM for a while. Needless to say, hubby was ticked because I was making a nice check each month and if I wasn't working the business, the residual income was basically non-existent. Hmmmm
.....so much for a vacation or retirement!
One thing I always tell my students is that I can guarantee their success if they are coachable and they have a 5 Pillar Company. Look at your P&P's if you haven't done so already.
Sabrina
I Wasted 18 Months on an MLM
Your one step behind me Sabrina. "I was with a company a few years ago and was doing quite well with them. But then I hit a wall and my business was going backwards." That was when I took a good hard look at the comp plan and what I was attracting with the system I was using. When I put pen to paper and laid out exactly what I had to do to earn a consistent, significant income was when I pulled the plug. I looked around and realized nobody was anywhere close to the millionaire category after years in business, an alarm went off in my head. Definitely time to pull the plug.
Joyce
Without the 5 Pillars you have nothing!
Thanks Terese,
Without the 5 Pillars in a company you are not playing with a full deck.
Timothy C Burns
The most compensation, least amount of time, lowest risk..
That covers the three bases, Success is home plate, freedom, what ever that means to each individual. Thanks for bringing your wisdom Therese!
"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." Those are your words, Therese, and they sum up the essence of your article for me. I am reminded of someone else's words (I don't remember who :-o): Success is just on the other side of failure. And my words: We don't know which failure that might be either.
We can't be reminded too often that "steady wins the race." ;-)