October 13, 2023
Choose the Right Company
Nine Keys to Choosing the Right Company — a Company That Can Provide $1,000-$100,000 A Month Residual Income in Less than 12 Months”
Online businesses are no different from normal brick and mortar businesses. If you do your due diligence and follow a simple game plan, you’ll find a business that is the right fit for you. Here are the crucial questions you need answers to …
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- AN UNSELFISH MISSION: Is the Company involved in any charities or programs to help others? Is the company doing something to benefit others in the future? Do they understand the universal principle of “what goes around comes around” or are they just in it for a quick buck? You’ve got to have a mission that puts the success of others first. Remember, helping other people to get what they want is the key to getting what you want. Our goal is to help 100 people become millionaires within the next three years, and we’re on track to reach our goal. Plus our company assists a number of charities. Look at the leadership of the company. Are the leaders people of integrity?
- A GO-AHEAD INDUSTRY: Direct Sales via Network Marketing. No other business model offers so much potential with so few barriers to entry (like start-up costs).
- A FAIR COMPENSATION PLAN: Direct Sales rules, but only if it has a residual income based compensation plan. Stay away from the ‘two-up’ compensation plan found in most direct sales companies. This compensation plan is not fair and does not harbour team spirit because your over-rides on partners is limited to their first two customers. Of course, “fair” means different things to different people but the bottom line is that if you are going to be marketing a product for a commission, you want to be earning a high commission bonus upfront as well as a residual income on the back end. Most compensation plans either have high upfront income and low residuals or the other way round, with low upfront income and high residuals. You need to find a company with an equal balance of the two. Why is this so important when searching for a home-based business? When you start out in a new business, unless you have a great deal of capital behind you to “tide you over”, you will need to make high upfront commissions. Because otherwise, you will find it impossible to build momentum.
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- PRODUCTS THAT ARE IN DEMAND & CAN STAND ALONE: The long-term profitability and viability of any company will be determined by the actual value of the products being sold. Remove the business opportunity and step back and examine the product on its own merits and ask yourself: “Would I want this product, would this product benefit me (or anyone else for that matter) if it didn’t have a business opportunity attached?” If you can’t honestly say that the product would be of value to you for its own sake then you are, in effect, selling buckets of air.
And this means that the product is going to have a very short lifespan because no one really wants it. Forty percent of the products promoted by our company are sold to product customers only, i.e. people not looking for a business opportunity. If the product being marketed won’t stand on its own, in other words, if no one would buy it without the money-making incentive, then it’s not the right product. Almost every day, new companies are simply copying other companies. They spring out of nowhere.
Example: Does the world really need another weight loss or vitamin company? Are people crying out for another juice from a berry found only at the base of the Himalayas? The reality is “no” because the marketplace is already flooded with this type of product. Plus, you’ll be competing against companies that have had products on the market for 50 or 60 years. So what you need to find is a product that is unique and hard to copy. Because if it isn’t hard to copy, someone else will come along and try to replicate it very quickly. - A WORTHY MENTOR: Find a mentor. Someone you can trust. Someone who has a system. Someone who is already getting the results you’re looking for. This has to be someone who is willing to listen to your needs and actually cares about your success. He/she must also have a financial interest in your success.
- TURNKEY DUPLICATABLE MARKETING SYSTEM: Use an Attraction Marketing system that does the sorting, selling, training, and follow-up for you. This system must not only attract (right keywords, ads, etc) the right type of person (entrepreneur vs get-rich-quick lottery mentality) but be able to present the information in such a way that is clear, concise, to the point and not full of hype fluff or crazy promises. Then figure out how to get 100-200 QUALITY targeted prospects into your marketing pipeline EACH week. (Remember, there are close to a million people looking for businesses every week and 79 million Americans plan to start their own business in the next 3-5 years!)
- UP TO THE MINUTE TRAINING: Make sure you have access to one-on-one, and group training designed to dramatically shorten your learning curve and reduce the number of variables that come with “trial and error”.Our system is designed to “share” the knowledge and experience with EVERY member through our daily training calls and forum. You can listen to the top producers working their businesses LIVE, 4 days a week, as if they were sitting in the office with you.
- REAL SUPPORT: Unparalleled support is mandatory. With our company, you get a team support list of 40 contacts and EVERYONE is highly motivated to help you reach the level of financial prosperity that you’re seeking because we are compensated extremely well in order to ensure that you do! If you do well, we do well.
- PLANS TO EXPAND: Make sure that whichever company you partner with has room to expand. If it is already close to reaching full market penetration then eventually your competition will become too fierce. There will be too many fish in a small pond. Also, if you are marketing online, can your product be shipped worldwide? Many nutritional products suffer from a maze of complicated legalities in different regions which may prevent you from building a global business (and they are also perishable). Information products are not normally subject to the same restrictions and are thus much more suitable for global online marketing. So look at the products you are planning to market, ask yourself if they can be marketed globally, and find out if the company has plans to expand globally in the future.
- PRODUCTS THAT ARE IN DEMAND & CAN STAND ALONE: The long-term profitability and viability of any company will be determined by the actual value of the products being sold. Remove the business opportunity and step back and examine the product on its own merits and ask yourself: “Would I want this product, would this product benefit me (or anyone else for that matter) if it didn’t have a business opportunity attached?” If you can’t honestly say that the product would be of value to you for its own sake then you are, in effect, selling buckets of air.
The average person in the home business industry will typically try out 7 different business opportunities before finding the right one. This not only wastes time, effort, and money but creates huge frustration both to the individual and everyone close to them.
If you choose your new business using the 7 key questions in this report as a template, you’ll be better able to make the right decision first time around and create the ideal foundation for your future success.
Our only question to you is, “What are you waiting for?” Learn more about earning multiple six-figure incomes from home with our company …