FREE MLM/Network Marketing Coaching Will Save Years of Frustration



Read More: MLM News

Whether to supplement or replace income, to prepare for retirement, or to improve overall quality of life, the reason people start home-based businesses, or any business for that matter, is MONEY. With this in mind, it’s scary how many people enter into contracts and agreements without FULLY UNDERSTANDING the compensation structure being offered.

With home-based businesses at an all time high, Network Marketing companies are popping up everywhere, all boasting the best compensation plans and the most liberal policies and procedures. In all the excitement, people are more focused on following celebrities who have thrown their hat in the MLM ring, rather than the fact that these are real contracts, which will have real effects, on their real businesses, and their real lives. These agreements cannot be handled as if they were software downloads where the "I AGREE" button is clicked simply because it's the only way to get to the next page?
 
I cannot say this loudly enough, “CLICKING THE BOX IS THE SAME THING AS PHYSICALLY SIGNING ON THE DOTTED LINE.” Doing so without reading the document creates exposure to:

I cannot begin to tell you how many heartbreaking stories I have heard. The names change, the companies change, but the devastation remains the same.

·         Forfeiture of right to litigation in a court of law. (Even if the company is wrong!)
·         A compensation plan so heavily in favor of the company that it is virtually impossible for the marketer to achieve their income goals, and so confusing the marketer would have no idea if they are even being properly compensated.
·         The company’s ability to exercise, at their discretion, (which means they DO NOT need a reason), their right reject the marketer’s annual renewal resulting in the loss of the marketer’s business.

 

These plans and policies are generally so convoluted and confusing that one would need to be an attorney, or darn close to it, to have half a chance at gaining even a basic understanding of all that it means. However, there are three major questions which must be answered in order to ensure that success is possible and that treatment under the law will be fair. They are:
 
1. How many people are needed in the business in order to generate the desired amount of residual income? (I once joined a Network Marketing company which required 2,500 people in my business in order to achieve my residual income goal of $10k per month!) --- Let’s face it, is the up-line going to share stories about their unverifiable riches and the people they know who just received their new Mercedes Benz, or are they going to tell you about the unfathomable 2,500 people you need? (Ultimately, I found a company that pays out a residual income of $10k per month with only 400 people in the business!)
 
2. What does the policy state regarding your income if you are unable to produce for any period of time? (Many policies do not allow for vacations or sick time. If the marketer doesn't produce each and every month then they lose their income for that month and oftentimes they lose their entire business).
 
3. What is the policy regarding passing your business on to an heir? (Beware of policies that require the heir to complete an Independent Marketer agreement and fulfill the same obligations of the marketer; grow the business or lose it. This means that the company could very easily become the heir to your hard earned business.)
Often time individuals will act like stockholders with portfolios that have lost its value with no chance of recovery. They understand there is no practical reason to hang on to it, but if they sell the stock they accept loss. So, rather than putting an end to the hopeless situation, they continue to hold on to something of little or no value rather than letting go and creating the vacuum for something greater to enter that space. We all make mistakes and there is no shame in going down a wrong path. The only shame is in wasting more time continuing down that wrong path due to some misplaced loyalty to the individual who introduced you to the business.
 
The most common reason people fail in business is the lack of proper education. I too have failed many times in the Network Marketing arena before finding Mentoring For Free. At Mentoring For Free, my education, and my subsequent success, began with an E-book called “Success in 10 Steps" written by industry expert Michael Dlouhy. Whether looking for the best opportunity to join, or seeking assistance in evaluating your current business, Mentoring For Free will assist you.
 
Start your education today! Mentoring For Free will coach and mentor anyone regardless of what business opportunity they are pursuing. We are a team of people who have taken enough bumps and bruises to pay for every person who has ever tried and failed to build a home-based business. Our goal is to share the benefit of our knowledge and experience; pay it forward so to speak. The only thing you will ever be asked to bring is a desire to succeed and a commitment to take the necessary steps.
 
So, don’t wait another minute. Download your free e-book now from http://jblocker.Successin10Steps.com and take the first step towards a level of success greater than you could have ever imagined!

 

Jasmeen Blocker, Mentor & Coach

Mentoring For Free

http://jblocker.mentoringforfree.com

+1 704 989 8704

Login or register to post comments  |  Views Views: 554  |  Comments Comments: 3  

About the Author: Jasmeen Blocker

Member Since: 12/29/2009

Company: Mentoring For Free

Industry: MLM

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

Comments



Home based business is a scary place

Home based business industry is a scary place right now. Companies offering income opportunities and no one making any money. For example there is a company that does $400,000,000 per year and they only have 1 success story making a full time living with it.

There are also under investigation by the FTC. What is a person to do? Do your research Rich Dad when looking for real estate deal looks at 100 before he picks 1. Educate yourself on the in and out of business. Look at real business skills not only home based business skills.

Respectfully,
Chris Brown
http://prostarprofits.com

Chris Brown — Tue, 12/29/2009 - 7:32pm

Great Article

This was a great article Jasmeen. I just recently downloaded the ebook and I have had a couple of epiphanies. One thing a couple of speakers said in my company is that "If it sound too good to be true then do your research". This holds very to in what you're getting across in this article.

Sherman Smith — Wed, 12/30/2009 - 2:25pm

Thanks Jasmeen

I downloaded the ebook. Nice job with the article.

Steve McChesney — Thu, 12/31/2009 - 10:07am