Tips on Joining MLM (Multi Level Marketing) or Networking
February 9, 2014
Back when i was still in college i used to be invited in networking seminars by friends and colleagues who are part of them. From UNO, Filtrepreneur and also other numerous networking business that has been around.
But i never joined. I am not brave enough to join those types of businesses. I am an open minded person but its just that giving my money out and getting products that i have no idea about and inviting others to joing my network is not my game. I love talking but yeah, when money is involved it is not my forte anymore.
Multi Level Marketing or Networking is considered as the newest and fastest way to get rich. It involves investing a certain amount of money and selling products manufactured by the MLM firms along with doing recruitments for new members or investors of the business.
And as any investment goes, there is actually no certain time or amount that your money will grow. It is saddening to know for a fact that there are also companies that are only for scams. They will get your money and promise you big returns only to find out that they don’t even exists. The Amman Futures scam has been a big issue for Visayan and mindana region last year.
After some mighty research i found out some great tips on joing Network Marketing Companies. If you are planning to invest in Networking Companies i am hoping that you will read first these handy tips so that your money will be protected.
STUDY THE PRODUCT
All Multi Level Marketing has a product or products they are selling. This what makes them a company in the first place. Study the products that the network is offering. Make sure you are convinced first with the product so it will be easier for you to sell.
KNOW THE COMPANY
Be informed and research about the company well. Take your time in asking whether the company has enough papers to function. Check the registration and know how long the company has been in the business, Compare the prices as well as compensation plans of the different networks you are involved with.
LEARN FROM OTHERS
Interview people that has been in the business about their experience and stories. Learn how they do the networking and if they have no regrets at all in the investment they made. Don’t just interview those who succeeded but also those who quit the business. Evaluate and assess for you to have a better decision.
These three tips are ideal for you to succeed in the Networking business. Take note that not every netowrking is a scam as not every networking is legit. The best attitude of a good investor is the keen mind and time to research. Good luck!
Izza of SavingsPinay helps Filipinos bridge the financial literacy gap one content at a time by providing insights and tips on budgeting, saving, investing, side hustle and growing your net worth. Aside from this blog she also writes at www.izzaglinofull.com, a beauty and lifestyle blog for frugal Pinays and manages, www.izzagevents.com, a wedding and event business since 2011. For inquiries, topic suggestions or future collaborations email her at email@example.com