Choosing A Network Marketing Company

Choosing a network marketing company can be a difficult task. There are frankly hundreds of MLM business opportunities to pick from and you could spend hours, even months searching for the best one. Thousands of people who look for a home based business will not get past the first step as the number of opportunities and misleading information offered on the web is confusing.

We support you to stay tough, follow your dreams and keep on your journey to searching for a home based business that is right for you. The optimum way to keep on-track is to read through this article and apply our simple six step process.

1. Where to start?

The Direct Selling Association (DSA) web site is good place to start when choosing a network marketing company. The Direct Selling Association (DSA) is the national trade association of the leading firms that manufacture and distribute goods and services sold directly to consumers. In fact, you will find 70 different categories of products and services, and over 200 different companies you can potentially choose a home based business from. These categories contain everything from Health and Wellness to Animal Care industries.

This means you automatically have a list of 200 companies and 70 different products and services that you could potentially partner your self with. You are not just limited to this list either. There are many more companies in network marketing who are not members of the DSA and there is a good reason for this. So we strongly recommend that you choose a company who is a DSA member for your own good.

2. What do you love to do?

One of most significant factors when choosing a home based business opportunity is; will you love it? The most successful people in the world become successful because they really love what they do. Donald Trump, for example - property investor, over 60 years of age and still working, not because he needs to but because he loves to, there is a major difference.

Imagine a MLM business where you can wake up fist light feeling energised and eager to go to work. Most people that are seeking a home business do not enjoy their current employment, under paid or would prefer to work at home with their loved ones. Whatever the reason, you must love what you do.

3. Look for a trend

In addition to working out what you love to do, you must look into the service or product the network marketing company has to offer and in particular the opportunity it has to grow. If you do some research into this topic you will uncover that one of the driving forces behind many of the economic trends over the past 60 years was directly associated to the baby boomer's expenditure. Why you may ask? Well, the baby boomer era accounts for one third of the world's population and two thirds of the world's spending. Leading economic gurus have used these trends to predict where the baby boomers will next spend their cash, namely Health and Wellness, and Financial Service industries.

4. Compensation Plan

What you need to look for is a lucrative Compensation Plan that allows anybody to succeed and succeed equally, not just those who are at the top. Personally we are big advocators of the Binary System, not because it is the most profitable of compensation plans, but rather because it is the fairest compensation plan. If you been in the industry for numerous years and you are a gun recruiter, which only accounts for 1% of the network marketing population, then the Stair Step Breakaway plan will be the most profitable for you, but for the rest of us average people, we suggest that you stick to the binary system.

5. Choose a solid company

If you are going to put all your hard work into a home business, you want to choose a company that is going to be around for the long term. Research suggests that 90% of all network marketing companies FAIL within their first 2 years, slightly stronger than a conventional small business where 80% will fail within their first year. There would be nothing worse than putting four or five years into a home based business for it to fold, leaving you with no business and no residual income. So we strongly recommend you choose a network marketing company that has been around longer than 10 years and is still growing.

6. The Product

There is two criteria that your product must meet, (1) your product must be consumable and (2) would you use it yourself? If the product meets these two requirements then the MLM Company receives a tick in this section.

Once you have completed this six step process, you will notice that you will be able to eliminate 99% of the network marketing companies and make your decision much easier . But keep in mind, even the best MLM deal in the world will not make you wealthy without consistent hard work. We wish you all the best in your journey.