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Choosing a good MLM company
Criteria: The length of time a network marketing company
has been in business. |
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Curt & Kay @ daughter's wedding
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There are disadvantages and advantages to each of the three scenarios
I will give here. Your decision will in part have to do with your
personality type, especially that aspect of enjoying taking a risk. |
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Theology
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Start up Company: MLM companies come and go very quickly.
Those that haven't been around for at least a couple of years are a
much bigger risk than those that have. The reward could be bigger in
the long run if the company survives. |
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Affiliate
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MLM
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I recently added a company to my portfolio that was a start up.
A year later it got rid of its mlm marketing branch and continues as
a simple affiliate program. Newer companies are risky, and your
personality would need to be one that likes change. |
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Biblical
Prosperity
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Established Company: MLM companies that have been around 10+
years have the advantage of stability. You have much more assurance
that they are being run well and passed any legal challenges. |
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Read,
hang out, and give us your thoughts on Curt's Biz Blog. |
The down side to working an established company is in the marketing.
They has been to some degree a saturation of the market already -
people have already heard of it and made a decision. |
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Their is also a less likely chance of the company going through
another huge growth period, which is the period many reps that know
how to build a team can make a lot of money. |
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Free
eBook from Curt's good friend Ann Sieg: The 7 Great Lies of Network Marketing |
Companies in business 2 - 10 years: Their pros and cons
obviously fall between the first two scenarios. The younger a company
is, the more research should be done - especially regarding criteria
#1. |
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My Opinion???
Choose a company 3 - 7 years old that still has less than 50,000
active independent representatives in it.
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