With thousands of network marketing companies, how do you know which one is right for you? Learn some helpful tips on what to look for in each company you review:

Step 1: Understand how these companies sell.

Most network marketing companies have video presentations online or on DVD that are broadcast from person to person.

These videos are created by professional marketing companies and include a lot of hype and emotion. Many may make you feel that if you don’t join NOW, you will lose a lot of money.

Don’t let deception tempt you into joining a company that might not be right for you.

Always remember that you are looking for a long-term business that will provide residual income for the rest of your life.

Whether you sign up today or next month shouldn’t matter.

Step 2: See how long the company has been in business.

You may hear terms like “ground floor opportunity” or “start-up.” All this means that the company is relatively new.

Statistics show that more than 90% of all new businesses fail within the first five years. arrived early”, then this should not be a problem for you. However, this is gambling.

Step 3: Try to find out as much as possible about the company itself.

If you can, try to talk to people who are currently connected to the company.

Ask the person presenting the business opportunity if you can introduce them to other members, preferably members outside of their team, and listen to their stories about their experience with the company.

This shouldn’t be a problem. If so, then this should be a concern.

Step 4: Check to see if the company is a member of the Better Business Bureau or other business organizations.

In the network marketing and direct selling industry, there is an organization called the Direct Selling Association or DSA (http://www.DSA.org).

Of the thousands of companies in this industry, only about 200 companies are members of the DSA.

The reason for this is that they require their member companies to uphold a high level of strict business ethics.

The requirement that the company you join be a member of the DSA may limit your selection of companies for evaluation.

But it also rules out possible scams. If you can’t find a company that meets your needs among these more than 200 DSA member companies, you may be being picky.

Step 5: Analyze the product or products you will sell.

It is extremely important to think carefully about this part of your evaluation.

You must be completely and undeniably committed to and believe in your product. If you don’t, you will never succeed.

Ask yourself if you can use it. Then ask if you think others can use it too.

Is there any benefit for others? Is there value to the end user? It’s unique? Spend a lot of time evaluating a product because it is a very important part of the overall value of your company.

Step 6: Review your compensation plan.

Compensation plans come in all shapes and sizes.

Some of them are extremely complex, while others are very simple.

If the rewards plan is too complicated, how are you supposed to know how much effort it will take for a given pay level?

The best type of rewards plan is binary with a twist.

Now, this probably doesn’t mean much to you, and it’s actually a complex topic, even when explaining a simple compensation plan. Stay away from any compensation plan that allows you to expand.

This means that you can register as many people as you want on your first level. The reason is that the only person who benefits from your first level is you.

This business is all about helping others achieve their goals and dreams so that their goals and dreams come true.

You need a compensation plan that helps as many people as possible.

You also want to stay away from compensation plans that cut you off at a certain level.

Again, if they break at a certain level, that means you can expand on the first level. Just look for a plan that makes you build deep instead of wide.

That is why the binary plan is the best. This requires you to build deep.

Now most binary plans force you to build both sides evenly.

This is where the twist comes in. There are modified binary plans that allow you to be compensated even if your business is built unevenly. If you’ve never done network marketing before, this will seem strange.

Explore different compensation plans so you can compare and become familiar with them.

The best way to view a compensation plan is through the eyes of the person you are signing up for.

Ask yourself: Am I helping this new person succeed me? If the answer is yes, then this is probably a good plan.
Another part of the compensation plan is the monthly purchase requirement.

This commitment, which the company is putting in place, requires you to buy a certain amount of the product each month. Typically, this amount is from $100 to $500 per month.

Be very careful with this because the presentation doesn’t always say what that monthly purchase requirement is.

It’s a sneaky way for companies to hook you up with a small upfront membership fee and then hit you over the head with a $300 a month bill.

Using $300 a month as an example, you’d end up with $3,600 in annual costs just for products you may not be using.

This one problem has left many people with a bad taste for the network marketing industry.

Do your homework!

Step 7: Consider training and support.

You want training and support to extend to the entire company.

Essentially this means that you want the company to be involved in your training and that they have some sort of training system in place. You don’t want your training to be exclusively with your upline sponsor.

The reason for this is that your sponsor may not be a good trainer.

You want to make sure you are well trained and understand the system the company uses.

Know what system the company uses to market and promote its products. Not all companies have a system.

Some allow you to do whatever you want in marketing your products, while others are very strict about what you can and cannot do.

Try to find a company that has a proven simple duplicate system that all participants use.

This makes it easier for you to learn and teach others. Duplication is the best way to help others to help themselves.