Jan
13

Which MLM / Network Marketing Company to Choose? – 20 Aspects you should look into Before Joining

As the reputed author Robert T. Kiyosaki (“Rich Dad Poor Dad” fame) mentions in his book “CASHFLOW Quadrant”, one of the avenues to accumulate wealth and become rich, (particularly meant for the middle-class people), is to join a good MLM / Network Marketing Company. There are thousands of MLM / Network Marketing (NWM) Companies, operating in many countries. Hundreds of such companies came and vanished. If you are a newcomer, without prior experience in NWM industry, it is difficult to know which company you should be associated with.Here are the 20 aspects you should look into, before joining a NWM Company:1. Industry Growth Prospects:You should know in what industry the NWM Company is operating. If the Company is operating in brick & mortar industry, the growth prospects may be limited, say less than 15% pe hiprolean r annum. But if the Company operates on Internet Ecommerce, then the growth will be faster, as Internet growth is over 30% per annum worldwide. That is, any business done thru internet has got the potential to grow twice or three times faster than the business done thru brick & mortar industry. In fact, a majority of NWM companies are operating in the slow growth brick & mortar industry.2. Promoters ? Experience in NWM industry:Find out about the main background of the Promoters of the NWM Company. NWM industry is a unique industry, where there are no well documented management literature are readily available for the Promoters. If the Promoters are well experienced in NWM industry, then the chances are that they may know the nitty-gritty of successfully managing and operating the Company in NWM industry.

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