Pt 2 of How to find the Best MLM Opportunity

As I mentioned in part 1 of this article you are the primary reason someone will join a network marketing company. For the most part, products do not get people in the business nor does the company leadership …..your leadership does. People want to follow someone who knows the way, goes the way and shows the way as John Maxwell would say. Products are secondary. That being said, products are vehicles to get you and your team where you want to go. SO I did some research on the vast MLM industry and took a look at specific categories to see which ones present the best opportunities to creates a massive residual income.

The are a handful of categories to choose from but not all categories are created equal. Although you could build a huge team and income in any industry some categories are more profitable than others. Factors may include need, timing, industry size, product or service and a few intangibles.

Here are the top 5 categories you should get into now.

From 5th to the number one category;

Category 5- Travel. Travel is by far the largest category in terms of money spent annually around the world. People love to travel. People want to travel for many reasons, from fun and adventure to relaxation, romance and rejuvenation. Travel is a very appealing industry.
The drawback – Travel isn’t a daily, weekly or monthly product or commodity. It’s one of those things people do “when they get a chance.” So most travel mlm are set up as memberships which people sour on if they do not get to use as they had hoped.

Category 4 – Financial Services. Despite the massive hit financial services took in the market the average investor still needs guidance and a plan. Although more people are paying attention to their finances and being a bit more “hands on” (and they should), they will still need someone to facilitate the transaction. Forms still need to be filled out for annuities, insurance, long term care, and mortgages as well as other financial instruments.
The drawback – So many people have lost their trust in financial services, the market in particular, due to the fact that retirement funds dwindled as the economy took a nose dive. With large financial institutions going under or taking bailouts this sector has an uphill battle in winning back public trust.

Category 3 – Health/Wellness/Cosmetics – There are over 5 thousand network marketing companies and 48 hundred of them are in this category. This shouldn’t be that surprising with baby boomers wanting to look and feel younger. This makes the market huge for those who are in the health and wellness industry.
The drawback – As I mentioned before there are over 4,800 health and wellness mlm companies out there which makes for a tremendous amount of competition. They all (or most) have clinical trials, testimonies, case studies and endorsements. Its enough to leave you scratching your head as to which one is really the best.

Category 2 – Necessities – When I say necessities I mean things we use everyday. Things like the cell phones we use, electricity and the like. I do not, however, recommend technology because it has a tendency of getting cheaper a soon as someone makes a “better mouse trap”. When that happens where does that leave your residuals? Nor do I recommend toiletries such as Amway simply because of market saturation.
Electricity on the other hand is great because you never pay that stuff off! As long as your customers pay their bills you keep getting paid.
The drawback – Actually getting customers to make the switch can be tricky. Most people are on contracts and would have to pay a penalty for breaking an agreement. So follow up is critical in timing the expiration of your prospects contracts with their current electricity provider. Most sales will not be instant.

Category 5 – Collectibles Assets. I am a big comic book fan and for a period of time I owned more than 10 thousand comic books personally (I also owned a comic book store). Some of which were worth hundreds of dollars. While I’m not talking about comic books, I am talking about other assets that has intrinsic value. Gold and silver collectibles are the perfect product in this category. There is a media buzz about gold and silver these days due to its rise in value in a turbulent economy. Precious metals are the currencies of kings.
When you take an asset such as gold and silver collectibles and place it into a powerful vehicle like network marketing you’ll have a phenomena. Not to mention this category is new and has just started in the market (relatively speaking). So the timing couldn’t be better.
The drawback – I has been said that a new idea is first rejected then ridiculed then it becomes self evident. So I would expect some resistance at this stage. Once the idea of collecting gold and silver coins to protect and preserve wealth the person in position will stand to make a fortune.

Fighting the evil forces of personal poverty both yours and mine.

Robert E. Reed
MLM

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A real ‘pyramid scheme’ is where money is transferred from one level of the pyramid to another but with no products or services being exchanged. In the end that means a lot of people paying out their hard earned money to very few people at the top of the pyramid. So the ones at the top make a lot of money from anyone duped into participating in the scheme and the people at the lower levels getting nothing in return, ultimately the ones at the top then disappear into the mist with their ill-gotten gains.

MLM on the other hand, full name multi-level marketing and also known as ‘network marketing’, is completely legitimate and is a process or business model through which products and or services are offered via a network marketing structure.

The first thing to do is to put the ‘pyramid selling’ ghost to rest and explain how it can be differentiated from a legitimate MLM or network marketing business model that can be considered to be a real work at home opportunity.

Anyone who is involved in pyramid selling will be very aware that the practice is illegal. That is why they will often try and disguise the fact that it is actually pyramid selling by offering some token product or service. They will happily describe it as MLM in order to give it some level of legitimacy. This is often why real multi-level marketing is affected and viewed in a negative light. In a nutshell, if there are products and services involved how do you know whether it is legitimate MLM or illegal ‘pyramid selling’?

The answer is relatively simple, if the products and or services are worth the price being asked, you know how you will be paid and how much you will be paid if you meet the qualifying criteria for payments, then you can be pretty confident it is a legitimate business. If on the other hand you can’t answer these questions then perhaps it would be better left alone. Don’t forget that we are talking completely disproportionate levels here or in fact whether you will actually receive a payment at all, not slight competitive edges where you may be thinking it may or may not be reasonable costs and payments.

With that out of the way lets discuss how network marketing works and whether it a business model that would suit you.

MLM involves personal endorsement and recommendation, in other words, you buy and use a product and or service personally and then you recommend it to others.

If they purchase the product or service and join the network you receive a commission. So you are rewarded on two counts, for selling the products and for finding other people who are interested in marketing the products, hence the term network marketing. The people below you in the structure are called the down line and the people above you are called the up line. It really is as simple as that.

The best network marketing businesses will have a clear and verified method of payment that can be scrutinised. It will have an established business model with defined procedures for introducing and training new people, and probably most importantly have a support team committed to ensuring you succeed at the business and make money. The reason for the latter is obvious, you make money then they will also make money, but clearly if you are putting in the effort you need to take the larger proportion of any commision earned.

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Here are some things to look for in a network marketing sponsor:

1. An team leader who knows the company and product very well. – The more your upline leader understands your company and products, the better they will be at teaching and motivating your team.

2. Someone with a positive outlook on business and life in general will go a long way. If you have an team leader who is a negative gossip, they will likely do a poor job of motivating your team. Look for a sponsor who is a creative person, because they can give you great ideas to help you overcome slumps and come up with things that will help you pick up sales, continue making money, etc.

3. Great leaders are disciplined. Choose a sponsor that has provided plenty of training for the people in their downline, and who encourages their team to set goals and reach them consistently. Modeling your actions after a sucessful person is the fastest way to success, so don’t try to reinvent the wheel in your business. If you have an upline sponsor who is stagnant it would be best to find someone else to model your success after.

4. Great leaders place the emphasis on others, not themselves. Find someone who truly enjoys helping others succeed. Find a leader who shows their team how to do the business and who duplicates their success in others. They allow you to learn from their mistakes and give you ways to avoid them. A good sponsor realizes that by helping others succeed, they succeed; that’s the person you want to partner with in your business.

5. Look for people who are well-liked in the industry. If they’ve done something to hurt their own name or the direct selling company, you will also be guilty by association. Certainly it won’t be the end of your business, but it will very hard and can hinder your own business success.

You want to find an sponsor who is honest, trustworthy, and committed to the success of their downline. They should be experts on the product and opportunity so you can rely on their expertise when you are just starting out. Find a team who possesses a leader with these qualities and you’ll be well on your way to a successful multi-level marketing business.

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About the author: Michael Massie is known in network marketing circles as the Maverick Networker. He has been involved in online marketing for over ten years, and shows other how to create their own network marketing system on his blog.

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You want to be sure that you start with one method at a time. Get that one method effectively working before you try and add another one to the mix.

This way you don’t waste time jumping from one method to another and never getting the leads you need. Now that you know that important information, here are the methods that you most definitely need to use to get as many leads as you need.

One: Article marketing – This way will bring leads to your business now and for a long time to come. You want to write an article using keywords that is related to your business.

Then distribute your article all over the internet, anywhere you can. The one thing to know about this method is that it can turn in viral marketing for you.

This happens when others start picking up your articles and resource box and using them on their websites, blogs or even ezines. This is a method that can get you traffic in a lot of different ways.

Two: Social networking – This is a method that will help you get free traffic and at the same time it will help you build relationships.

Three: Forum marketing – This is another way that will allow you to easily build relationships. Just be sure you get involved and don’t just blatantly advertise your business. Let people get to know you and this will lead to them becoming curious about your business on their own.

Four: List building – This is vital because it gives you a way to capture the contact information of prospects. You just need an autoresponder preset with some emails or an ezine and a lead capture page.

Five: Link building – To help you build links back to your site, you want to put your website link everywhere you are able to on the internet. This is essential because it will help you get free organic search engine traffic.

The more links you have to your site, the more important it becomes with the search engines.

Six: Blogging – This is a must because it gives your prospects a way to interact with you. It also gives you a way to keep them informed on many important things in your business.

These are just a few of the methods that you most definitely want to use for gathering leads for your business. The more methods you are able to use, over time, the more traffic you will generate.

This will easily lead to the success of your MLM business. Now that you are aware of the best methods to use for getting all the MLM business leads you need, you just need to get started using them and before you know it, you will never worry about getting leads again.

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The reason I say this is because success in network marketing has everything to do with who you are as a person. This is an industry where you’ll be working with people. As we all know, working with people can be a wonderful experience when everyone does what they say they will do but not so great when people fall through on their commitments.

Therefore, even if you’re in the best MLM company on the planet, if you haven’t developed yourself to the point where you can handle disappointment, your success isn’t guaranteed. If you haven’t developed your leadership skills enough, then the best network marketing opportunity isn’t going to save you.

Yes, it’s important to do your due diligence and seek out the best opportunity that fits you. You should select a company with a product you believe in, with a solid compensation plan and great leadership from the top.

However, if you don’t understand how to lead others, you aren’t bettering your personal growth every day, and you don’t understand how to generate daily leads, then you’re probably going to quit soon enough.

The best way for you to become successful in your network marketing opportunity is to work on YOU. Read books such as “The Magic of Believing” and internalize what it means to expect success. Read books like “Developing the Leaders Around You” and understand what leadership is all about.

Also, you’ll want to someday be able to bring in many dozens of daily leads and one great way to do this is to become proficient with online marketing methods. Imagine your business when you have new prospects contacting you off your web activities, asking you how to join your team…all because you took the time to learn and teach true MLM secrets.

This will happen after you learn techniques such as article marketing, blogging, forum marketing, video marketing, pay per click, Twitter strategies, Facebook, etc. Use the Internet to filter out the unqualified prospects so that you only invest your personal time with those who are truly interested and motivated to duplicate what you’re doing.

Do the above and it won’t matter whether you’ve found the absolute best MLM company or not. Find a solid company but don’t be obsessed about which is the best. There are plenty of solid network marketing opportunities out there. Get involved in one and keep working toward bettering your personal growth skills.

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You have to realize that not all of the MLM opportunities that you find will have these factors that are vital for success. It is important that you take time to ensure that every factor is available.

This way you can be sure that you are choosing an opportunity that has a lot of potential to help you achieve success and financial freedom. Below are the 4 factors that you want to watch for with each opportunity.

One: Quality products – The opportunity that you choose to use needs to have quality products they are selling. If they are not, then no matter how hard you work, you will never make money from your new business.

People won’t pay for products that are not of good quality, so if you are serious about making money, then you have to be sure the products are worth your time to promote and sell.

Two: Profitable compensation plan – The compensation plan needs to be profitable for you so you get the best money possible for hard work and efforts to build your business.

The really successful opportunities will also offer incentives for people that are achieving success with their business to help you keep the momentum going.

Three: Great support – No one will be able to build a successful business on their own, no matter what you may have heard in the past. Support will be needed to achieve success, especially when you are first getting started.

You have to have a good support system with the opportunity that you choose or you will quickly find yourself alone and lost. This can lead to you quickly failing with your business.

Four: Great training – When you first start your business, you won’t know how to build it to be successful. The opportunity that you choose needs to provide good training so that you are not left wondering what steps to take to get started.

Marketing training is a must for any business to have because without this, you will always struggle to make money and be successful.

Now that you understand these four factors that you have to find in each opportunity before you will be able to find success with it; you have to be sure you

find all of these factors before deciding to join any opportunity. A successful MLM business opportunity will always have these factors and others that would be beneficial to you also.

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Don’t get me wrong…it’s intelligent to do quality research and ensure that your chosen company is solid when it comes to factors such as these…can you earn some great upfront cash, is there a solid product there, do people want the product, does the compensation plan make sense, etc?

However, you should seriously consider whether just picking out the best network marketing opportunity alone will make sure that you get rich?

Nope…there’s a lot more going on here than just that…Allow me to clue you in to some MLM secrets that you must know and internalize if you truly want massive success in this industry. Be prepared to learn some concepts that may fly in the face of what your upline has been teaching you up to this point in time.

There’s something you must know that most upline leaders in all companies don’t want to tell you: anytime you’re talking to a prospect, did you know that they don’t care whether you have the absolute best network marketing opportunity?

Yep! What they REALLY care about is whether or not you have the leadership they need for success and whether or not you have a marketing system to plug them right into that they can “work to success”.

That’s what people want in reality. I want you to realize that they aren’t looking specifically for your network marketing company. Even though most people would rather bury their head in the sand about that, that’s how it is. They want leadership and systems that work.

That’s why building up your leadership skill set is so vital of an area to work on. Get serious about your personal growth. Watch videos that train you in this area. Listen to audios. Read books. Every day, do it. You’ll bring better people into your business through this practice, even if you only get to 10 minutes of video or one page in a book today. The point is that until you take the time to better yourself in this area, your potential recruits are going to want to join the other person who exhibits better leadership skills.

Lastly, you must….MUST….find an online marketing system that teaches you everything you need to know about Internet marketing (video, article, blog, search engine, social media marketing methods) so that you can create a daily lead flow that hits 10, 30, 50, 100+. You’ll never go through enough prospects if you aren’t hitting these types of daily numbers.

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You, probably, have not surveyed the simple business transferring as the free legal body before. In addition to the fact that the network organization equals to free leads, let’s investigate 3 reasons to be enthusiastic about it.

Number 1. The first is less business building expense. You should accept being on your way to construction of the successful business that the thing can become expensive enough. When it arrives to the business organization of a network, it is possible simply and it is also necessary to step out of its house. Correct people can present themselves like a bolt from the blue, at any time, somewhere. Many times, it is total surprise that good communication, leading to the new business, becomes visible.

Number 2. Unlimited resources. Irrespective of how many people you meet, you can always meet and be bridged with more of them. Each time you meet the person depending on where you take relations, you are immediately bound to their network. Yes, social networks are shown online always in the measure-notable form.

It is fascinating to know that irrespective of where you are in a life and what disastrous situation you deal with, you can be one person far always from your large achievement. You simply should continue to open your mouth and to get acquainted with some people.

Number 3. A level Playground. When it arrives to competition, the main players must be rather intimidating. How much business organization of a network is interested in you if your bases and priorities are intact? Any main player or corporation is more interested in what you can provide at your personal level.

All of us have heard expression, “It is not what you know and whom you know”. It means that transformation of your way into the successful status can be easily reached through your associations. As a rule, you cannot buy the original friendship. It assures when you consider what can happen with you, you were in the correct places.

Consider all from the above following time when you raise the doubts concerning the business organization of a network. It is definitely valuable instrument which is accessible to everyone. You have possibility to exploit it at any time even if you have not made this for some time.

Have a success in creating your online business!

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And a final piece of advice – today the online technologies give you a really unique chance to choose what you want for the best price on the market. Funny, but most of the people don’t use this chance. In real life it means that you should use all the tools of today to get the info that you need.

Search Google and other search engines. Visit social networks and check the accounts that are relevant to your topic. Go to the niche forums and join the online discussion. All this will help you to create a true vision of this market. Thus, giving you a real chance to make a smart and nicely balanced decision.

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It is reached doing full use of genealogy lead. In certain cases the prospect which you receive from the genealogy list could be rather happy very well with possibility they are bound with instead of looking in the market to change. The prospect could not be involved in business as the partner, but as the wholesale client.

The list, probably, is not flowing, and prospect is staying with idle network involved in marketing. The register “DNC” is one of the largest risks to use the network finding a commodity market for genealogy leads. The quantity of telephone numbers on this register has steadily enlarged and rather recently has reached and has exceeded to 100 million.

It is rather essential number as the register was already existed during several years. A lot of people today know more about various kinds of marketing employed methods.

There are many thoughts and the opinions based on platitudes and feelings.
One such research used more than 100 000 network finding commodity markets for genealogy leads which were transferred through procedure of scrub DNC. Results showed that about one-third from those genealogy leads in the list has been recorded in the list “DNC”.

There are the companies accessible to deliver this service. Make your due diligence to make sure that the company is representative. There is however a set of factors of definition for using the network finding a commodity market for genealogy lead, irrespective of disadvantages. Genealogy lead is not as expensive as other network finding commodity market references.

Replenishment of the key person using this list can cause the most valuable thing for growth of your business. A network finding a commodity market for lead is a basis of the network finding a commodity market for the industry. A lot of purchasers of a network see it as a vital basis of the industry. As years progressed in the industry MLM, finding commodity market has grown up lead to be vital for the building and the establishment downline. There are the lead pages of capture framed only to force anyone to fill.

Many of these companies sell their lists many times dissolving quality of the list. People who have filled forms then are barraged with calls about business possibilities and references. Many of those in the list enter false details on the form they are registered with DNC and deny to fill the form. They only want to be left alone. Even thus that the validity consists in that they very much are interested in detection of the correct business possibility.

Many want to make it independently and when they are ready. There are many methods, which you can use to grow up your business. You can find many kinds of leads, just as tons of the lead companies. Remember that there is no fine list. Everyone has the advantages and inconveniences. You should be responsible for your lead! Do your due diligence, it is necessary to know where lead comes from, and be assured that they are really genealogy leads, search for norms of transformation and check to see that they are cleaned DNC.

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And a final piece of advice – today the Internet technologies give you a truly unique chance to choose what you want at the best terms which are available on the market. Strange, but most of the people don’t use this opportunity. In real practice it means that you should use all the tools of today to get the information that you need.

Search Google or other search engines. Visit social networks and check the accounts that are relevant to your topic. Go to the niche forums and participate in the online discussion. All this will help you to build up a true vision of this market. Thus, giving you a real opportunity to make a smart and nicely balanced decision.

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But I have some very good news for you. Energy of the Internet has made a network finding a commodity market playing even the playground both for the beginner and for veterans. As the beginner, you have now possibility to strengthen energy of the Internet to make hundreds of leads in a day at a button click.

Here are 3 councils of the beginner MLM how to make leads, using the Internet:

Handpiece MLM *1: Ruin the Website of the Company. Receive your Own one!

Unfortunately, the website which you have received when you have joined to your company is useless. Here is why……, the majority of websites of the company have not friendly search system that means you are completely passed by possibilities on Google, Yahoo or Sharp Sound, selecting a place for you. Passing free movement from all search systems is immediately proportional to passing of tons of taken advantages of your pocket in a month.

The alternative for you is to adjust your own WordPress blog which is as easy as 1, 2, 3. Creating your own blog will give the chance for you to brand you and your name just as to reach allocating from attention of Google, Yahoo and Sharp Sound. After only very short time, your website will start to make allocation from movement, and your movement will turn to leads MLM.

Handpiece MLM *2: Dangle In House Based Business! Thousands of forums of people search for the trading companies of a network and the decision at various forums. Forums are the big places to meet and transfer with people for whom to intend and who search precisely what you should offer.

Making comments at forums make sure that you provide value. Do not do a spam; it is difficult to do giving your offer. In your box of the signature, make sure that you place a link with your blog, thus people can receive more information on your possibility.

This method of lead generation can easily bring you at least 50 leads in a day.

Handpiece MLM *3: Social Transferring! Social organization of a network is certainly to receive the most profitable FREE ways of leads. Allocate from social main-operated platforms; flying up in membership means that you have the possibility to transform into the capital of millions of people.

I have personally made some hundreds of leads in a day only from Facebook, thus I know that it works.

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And a final piece of advice – today the online technologies give you a truly unique chance to choose what you want at the best terms which are available on the market. Funny, but most of the people don’t use this chance. In real practice it means that you must use all the tools of today to get the information that you need.

Search Google and other search engines. Visit social networks and have a look on the accounts that are relevant to your topic. Go to the niche forums and join the discussion. All this will help you to create a true vision of this market. Thus, giving you a real opportunity to make a smart and nicely balanced decision.

P.S. And also sign up to the RSS feed on this blog, because we will everything possible to keep this blog tuned up to the day with new blog posts about mlm home business and other important topics.