Yet there must be something to the business model, since I see some big business icons like Donald Trump are joining in the MLM parade. I've written about these before, and I'm still looking for one that feels entrepreneurial. Who has a convincing story that will make me feel good and pure as I recommend their MLM to my best startup clients? Do you love them or hate them?
Q: I'm new to MLM but with a good company with a long history of success. I'm confused and a little overwhelmed by the complexities of the business. We have hundreds of products, catalogs of training tapes and videos, and a big Web site where my customers can order products. There seem to be a million ways to build a business. I don't know where to start. What do you suggest?
Remember, however, that a percentage of something is better than one hundred percent of zero sales – so it is a good idea to network with more experienced marketers. Take advantage of the expertise and training that they offer, and use their resources to build your business. One you are ready, you can always bring in new people, and even share leads with them – building your downline so that they will supply you with a good residual income.
Selecting a competent MLM sponsor is as important as selecting the right company. Choose your sponsor just as you would choose an employee to hire. Interview them. What can they do for you to assure your future success? You don't have to join an opportunity under the first person who tries to sign you up. Today, savvy opportunity seekers make potential sponsors meet qualifications in the same way they do with the business opportunity itself.
And today since we’re talking about sharing your passion points and your passion stems from your personal story… I’ve put together a guide called Your Power Story Template & Worksheet which will help you to articulate your story to your prospects so they can relate to your story and your passion points and get excited about your products or business.