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Be Your Own Boss in the MLM Industry

Aug 17, 2007
Does the idea of being your own boss, making your own hours, and your own business decisions sound incredibly attractive to you? But does it seem like a pie-in-the-sky dream? It doesn't have to be. There are lots of ways to be your own boss and make a respectable living with a home-based business. One of these ways is to get involved with MLM opportunity work.

What is MLM? It's multi-level marketing. Don't worry; though they have similarities, MLM opportunity work is not the same as pyramid schemes. No one is being defrauded. You become an independent consultant or distributor for a product, one that has true value for the purchaser. These products can range from cosmetics to herbal supplements to distinctive cookware and gadgetry for the kitchen.

One of the benefits of MLM work, other than the whole being your own boss angle, is a low start-up cost. This type of home business can be started for as little as a few hundred dollars, usually used to purchase a sample kit of the products your business will be offering to market. Using these samples, you start developing contacts and taking your new home business on the road.

Talk about your MLM opportunity with both potential customers and others who might like to get into the business on their own. If you sign them up, you earn part of the commissions on their sales. They're making money. You're making money. Everyones happy in their home-based MLM business world.

What are some of the companies that provide home business MLM opportunity work? Familiar names like Arbonne, Mary Kay Cosmetics, Pampered Chef, Herbalife, Shaklee, and Longaberger come to mind. These companies have been around long enough and have good enough reputations that you don't have to deal with the ugly reputations attached to some newer companies.

Thousands of women use Mary Kay cosmetics every day. And Longaberger baskets are holding fruit and magazines in homes around the world. The products are high quality, which helps your home business thrive because people want quality products for their hard-earned money.

When selecting the best MLM company to work with, I suggest you make sure the business you are considering meets all seven of the following criteria:

1)Unique Products: Products must serve multiple different market categories, and must be unique enough to get patents, and they have to serve the masses.

2)Company Stability: The ability to give you long-term business and financial security, based on their company and business history.

3)Marketing System: The system used to market the business to others must be simple and duplicatable.

4)Company Management: Must be led by already successful leaders in business with a vision for the future growth.

5)Global Reach: Must be ground floor in their global expansion.

6)Compensation & Incentives: Must maximize your income based on your efforts. Must payout at least 50% of Sales, must offer unlimited depth within compensation plan, must offer Fast Start Bonuses, must offer other Rewards and Recognition, you must be able to achieve $10,000/month true residual with less than 500 people in your organization.

7)Pay-It Forward: Does the company Pay-It Forward to the Masses. They must give back globally what they are taking out. The company's vision must be to make an impact on the world in a positive way.

Once you've decided which company looks most attractive to you using the seven criteria listed above, learn all you can about that company so that you feel comfortable in your new home-based business endeavor. You'll also be able to answer any questions that come from potential customers. You don't want to be faced with a question you can't answer. This doesn't reflect well on you as an independent product distributor or the company whose products you are selling.

After you've made the decision, done your homework and actually made the capital outlay for a sample business kit, it's time to hit the road to showcase the products and generate the first sales in your new home-based MLM business.
About the Author
Tom Childs holds an MBA from the University at Buffalo, and is involved with several highly successful internet businesses.
Visit Tom's "Home Business Success Training Journal" Blog Site:
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