Are you ready to get started in your own business and not
quite sure how to select? As a former bank president and
financial strategist, I have analyzed various network
marketing systems for generating income. What I have found
in many cases is that with companies whose distribution
methods are multi-level marketing (MLM), the delivery of an
actual duplicatable system stops with the compensation plan.
The estimates now are that in North America 175,000 people
are entering network marketing every week. I imagine by
most counts this would be one of the fastest, if not THE
fastest growing business opportunity. There is definitely a
tipping point approaching in the network marketing
industry. There are hundreds of companies with multi level
structures. Paul Zane Pilzer, author of The Wellness
Revolution, and a world renowned economist, predicts the
health and wellness industry to be the next trillion dollar
industry, predicting that within ten years disease
prevention dollars spent will the amount spent on
treatment. Those who locate a solid company within health
and wellness have some advantage in the marketplace.
The challenge presented with those who are market searching
for opportunities that will produce for them is locating an
opportunity where there is seasoned leadership. The hype
within some websites is sometimes what draws prospective
business owners into a company. Hype or magic is not what
builds a sustainable business. I feel individuals would be
far better served to look for an intelligent application of
a marketable system. Leadership is key. People who have
enjoyed success have joined a line within an organization
that follows their basic sense of business practices.
While many websites look much the same there are some, when
you read on through them, give you a sense of credibility.
You can feel the authenticity in their presentation and the
integrity.
An important component in your selection process would be
to know how the organization delivers information about the
company and if the organization (not the company) has a
system that delivers success. What you want to look for
and have confidence in is that process. It would include a
finely honed lead generation system in place, a complete
training program for getting started, company product
information, recruiting program, personal development and a
team building commitment. Most importantly, all of it
packaged so that it is an easy system to duplicate.
Vision-based businesses also have a strong planning
component to the business. This does not need to be
intricate out of the shoot, however, you want to have the
confident guidance of a seasoned person teaching you how
vision out three years and then bench mark back years one
and two, ending with a 90 or 120 day plan to succinctly
guide you in your first few months of business. This is a
common path for growth in any business and network
marketing is not different in its need for direction
charting. You can also test for reality.
In closing, it is important to look for vision, business
practices that are a match ethically for you, and a
complete system. Join an organization that confidently
assures a well developed business planning component.
Special Note: Success will most likely be found with a
company that has hybrid system with the strong lead
generation component necessary to fuel the business
opportunity, and follows a success system.
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Learn from a banker and financial strategist key components
in selecting leadership for success in your business
venture.