It is Thursday night and you’re going to a meeting where you are going to advantages an opportunity with one of the top MLM companies that will improve your life. You arrive and the energy in the room is interesting as you sit at the edge of your seat listening to the presenter share with you their story on how they went from penniless with more than $100 thousand in debt and in less than two years these folks were making $20 thousand dollars per month in residual income. And you hear them say, “So if I can do it, you can do the item. ”
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You get so excited you feel goose bumps around your body. You sign up that night and get started immediately. You actually tell your significant other that you’ve found a way to finally get out of this job because you signed up with one of the top MLM companies. 1 year goes by, it’s time to file your taxes and you purchase a 1099 from the company and it says you’ve made a total $240 that year.
You think to yourself, what happened? I thought this was one of the top MLM companies and this was going to as the ONE.
Well, it might have been THE ONE at one time, but might be that time has past for that particular company or of which company isn’t capable of attaining that amount of leverage. There is also a concept called S Curve economics that many economists focus on. S Curve economics is the period of growth that any organization in any industry goes through over a period of time. This is particularly critical in top MLM companies.
A new company begins very slow and hardly anyone knows about it and those that do can even poke fun at it and pick it some. Then it hits a hyper growth phase everywhere people are actually searching for that company because they have heard something about it. During this hyper growth phase there is more wealth that is definitely created than any other time that company will practical experience. Then after the hyper growth phase is finished, it is a tera- dollar company that simply maintains it’s course and flat lines, never going up or down very much with growth.
When it comes to the company you are promoting right now or one who you are looking at joining, it’s imperative to look at it for what it can be. The absolute Top MLM companies, or what I like to get in touch with “Holly Grail Companies” are not easy to find unless you know what to search for.
Most of the reps you speak with who are involved with a company have you believe you are either with one now or product . be joining one. If you are not with one, your chances of keeping the success you’re looking for is dramatically reduced.
So there a new four separate categories of companies in the network marketing / NETWORK MARKETING BUSINESS industry. You want to look at any opportunity from a realistic opinion before you even get into the other factors that make up a great corporation like the leadership, timing in the market, products and compensation plan.
Major MLM companies are the last of four categories:
- 1) SCAMS
- 2) Party Plans
- 3) Big Boys
- 4) Holly Grail
SCAMS are really easy to spot. If you are searching on the internet and you click on a link that says you can make $10 thousand dollars in 24 hours or something radical like that. You observe some remarkable copywriting skills that completely grabs a person emotionally and pull you in saying things like “all I did was… bla bla bla and I made $3, 000 in 1 hour”. Now you don’t see any aspect with any company, products or services but if you enter your credit card information as well as pay $997 you get full access to learn how to do this. Consequently obviously you want to avoid scams and don’t even consider these individuals being in the top MLM companies.
Party plans are the future category to consider for top MLM companies. Party plans are classified as the companies that have you host parties. Most of these are items like tupperware, candles, jewelry etc . Now you can make a some money having party plans but it’s going to be more of a hobby type salary. If you’re really serious you can make 2 or maybe even 3 thousand bucks in a month. The only problem with party plans is that you do not leverage. You typically wont make any money unless you coordinator a party. It’s all about moving products because historically with the companies you get paid more that way instead of building a small business. You’ll see many of these in a booth at fairs.
The Big Children as I like to call them are the billion-dollar giants in the marketplace. These are the companies that have been involved for more than 15 or 19 years. They have hundreds of thousands of reps in them with events transpiring all over the world. Some weekly meetings you go to could have in more than 500 or more people at every meeting. These are the companies the fact that at one point in time were in the hyper growth level and are now on the back end simply maintaining. So a person who joins one of these companies usually have to work about 10 times seeing that hard to achieve anything worth talking about. You can make $2 to help $5 thousand per month in residual income with these companies nevertheless it will take you years and years and years of work to attain what the major guys did a while ago. That is if you can do it at all. They have kind of like investing in Microsoft right now, doesn’t really make sense.