The Truth About Making Money in MLM

By Wade Schings

Ok, You've heard it all, You've been fooled, and You've been through the hype...So, What does it really take to make money in MLM? Answer: 90% of your success is determined by choosing the Right Company.

Think about it... Even if you were the best race car driver in the world, would it make any difference if you entered the Daytona 500 with a Ford Focus?

Here's some other things to consider:

If Bill Gates called you and said, "I'm starting a new computer company and I'd like to partner with you," would you be in?

If we were to invest time or money into Microsoft today, it wouldn't be near as life changing as if you would have been it in 1975. I read sometime ago on the front cover of Time Magazine, the article about Warren Buffet, the Celebrity Billionaire Investor. They were saying that if you would have invested $1000 with Warren in 1969, that today it would be worth well over 20 Million Dollars.

So what's the point? The point here is TIMING. We've all heard the saying, "Timing is everything." But, Does that apply in Network Marketing? Whether you are a seasoned Networker, or a just getting you feet wet, the question you should ask yourself is: "WHEN did the Number One Income Earners in my company get started?" (If you are one of those Income Earners, well, you know where I am going with this.) Do your homework, and you'll see that 98% of them got started "ground floor." Most of you who are with an old company need to consider this very carefully, as it is "hands down" one of the strongest contributors to your success in MLM.

Of course, Timing is only one of the 5 Pillars that support a dynamic MLM opportunity.

But timing is the center pillar.
The other 4 are:

1) Company Management
2) Product
3) Comp Plan
4) Marketing System

Just Briefly...

The Company Management must be experienced in both corporate and field leadership with a strong track record of success. The Company must be lead by someone with strong financial resources. People like Bill Farley, Donald Trump and Bill Gates have tremendous track records and also possess the financial means to pioneer billion dollar brands.

The Product is the backbone of any successful company. The product must be unique.
Consumers should not be able to get it from any other company. The product should be validated by science not hype. It is helpful, however very uncommon to have an endorsement from a world-renowned expert or institution. The product must be consumable therefore allowing you to develop a residual income.

The Compensation plan must satisfy the newby as well as the seasoned professional. A balanced plan that pays generously on both the initial sale as well as the long-term residual commission. Statistically, 95% of the network marketers who drop out in the first 90 days do so because the didn't make enough money. Recently some hybrid comp plans have solved this by paying a "Fast Start" bonus out for 3 consecutive months.

The Marketing System should be automated and affordable. Very few marketing systems today are effective, user friendly and Affordable at the same time. Remember, people join MLM to make money, not spend it, especially on marketing systems that you'd have to be a genius to master. Now remember in the beginning I said that the Right Company was 90% of your success. The other 10% is you. Now don't worry you don't have to be an expert.

Because I guarantee, that if you were given a Ferrari F355 sports car... In a race against the worlds best race car driver (who was driving a Ford Focus) You KNOW you'd when.
See a Company that meets the above criteria at http://www.SchingsGroup.com