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How to Find a Network Marketing Goldmine: Researching and Evaluating MLM Opportunities
How to Find a Network Marketing Goldmine: Researching and Evaluating MLM Opportunities
How to Find a Network Marketing Goldmine: Researching and Evaluating MLM Opportunities
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How to Find a Network Marketing Goldmine: Researching and Evaluating MLM Opportunities

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About this ebook

Network marketing is one the most exciting ways to create residual income working from home. As far as business opportunities go, network marketing is hard to beat. It costs almost nothing to start, allows for flexible hours, and paves the way for financial independence. Yet so many people fail in this industry simply because they join a network marketing company or business opportunity for all the wrong reasons.

This is how it happens.......

You are approached by an excited friend or family member who themselves have not properly evaluated the company. You are taken to witness a slick presentation by an upline leader and pressurized into join or will miss out on a position in the matrix/ compensation plan. Sounds familiar? This is the wrong way to get started. You will be doomed to failure.

To succeed in this industry you have to evaluate and research an opportunity thoroughly before you invest your time, effort and money. You don't have to rush to join a company which on the surface seems good but underneath all the hype is selling an out dated product and making a loss which will eventually be passed down to you.

You also don’t want to join a company that is not legitimate or not in compliance. In case the company gets shut down by the authorities you will lose your entire business.

A bit of effort upfront in properly evaluating a company will improve the chances of your success a hundred fold. You will be joining a business opportunity with your eyes open and not through any hype.

This book written by the bestselling author and network marketing superstar, Praveen Kumar, explains all the variables that you need to consider before joining a network marketing business opportunity. It covers the following important aspects:
*How to researching the network marketing industry to find the most successful industry?
*How to evaluate companies within an industry to find the market leader?
*How to evaluating a company’s management team?
*How to Evaluate companies products and services?
*How to evaluate training provided by a company?
*How to evaluating marketing material and support provided by a company?
*How to finding the right team to join?

This book will teach and empower you to evaluate the right network marketing opportunity suited to your passion, taste and knowledge.

Once you read this book the chances of you succeeding in the network marketing industry will improve dramatically.

Most Helpful Customer Reviews

Well Written Detailed Resource! July 11, 2012
By Sarah Lincoln
Having been personally involved in a few network marketing opportunities in the past I am very thankful for this well written detailed resource.

The author leaves no stone unturned in terms of what you need to do before you decide whether a network marketing opportunity is good for YOU!

Solid primer to evaluate mlm and network marketing companies July 9, 2012
By BookishFriend
Verified Purchase
I like books where the author has been through the process themselves. There are a lot of MLM scams around and for the most part this book helps you avoid most of the pitfalls that come with MLM companies. The book focuses most of it's attention of the many ways that people end up failing and seeks to help you avoid them.

The author breaks the process down into a step by step process of elimination to help weed out the opportunities that will waste your time.

It is a thoughtful guide that will be of assistance for anyone looking to get into MLM.

Good tips into looking for a network marketing company, July 7, 2012
By Eric Lass
Verified Purchase(What's this?)

I've been doing business online for 4 years now, and I once tried network marketing, but I didn't use the power of the internet to help me...so I failed. I picked up this book out of curiosity and I was pleasantly surprised to see the depth of the information in

LanguageEnglish
PublisherPraveen Kumar
Release dateJun 15, 2014
ISBN9781311295934
How to Find a Network Marketing Goldmine: Researching and Evaluating MLM Opportunities

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    Book preview

    How to Find a Network Marketing Goldmine - Praveen Kumar

    How to Find a Network Marketing Goldmine

    Researching and Evaluating MLM Opportunities

    By Praveen Kumar

    ~~~

    Smashwords Edition

    Terms of Use

    This Electronic book is Copyright © 2011 By Praveen Kumar. All rights are reserved. No part of this book may be reproduced, stored in a retrieval system, or transmitted by any means; electronic, mechanical, photocopying, recording, or otherwise, without written permission from the copyright holder(s).

    Smashwords Edition, License Notes

    This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please return to Smashwords.com and purchase your own copy. Thank you for respecting the hard work of this author.

    Disclaimer

    The advice contained in this material might not be suitable for everyone. The author obtained the information from sources believed to be reliable and from his own personal experience, but he neither implies nor intends any guarantee of accuracy.

    The author, publisher and distributors never give legal, accounting, medical or any other type of professional advice. The reader must always seek those services from competent professionals that can review their own particular circumstances.

    The author, publisher and distributors particularly disclaim any liability, loss, or risk taken by individuals who directly or indirectly act on the information contained herein. All readers must accept full responsibility for their use of this material.

    All pictures used in this book are for illustrative purposes only. The people in the pictures are not connected with the book, author or publisher and no link or endorsement between any of them and the topic or content is implied, nor should any be assumed. The pictures are only licensed for use in this book and must not be used for any other purpose without prior written permission of the rights holder.

    Other Books by the Author

    The 30 Minute Workweek

    How to Grow Rich with The Power of Compounding

    How to Overcome Fear and Become Rich

    How to Grow Rich with The Power of Leverage

    How to Become a Millionaire: Master the Mind Game

    How to Profit From Social Media Trends

    Table of Contents

    CHAPTER 1: Introduction

    Why is Network Marketing Exciting?

    --The History of Network Marketing

    --Network Marketing Size and Potential

    --The Importance of Investigating Opportunities

    --What this Book is All About

    CHAPTER 2: Researching the Network Marketing Industry

    CHAPTER 3: How to Evaluate Companies within an Industry

    --Profitability and Reputability

    --Who Owns the Company?

    --Knowing the Companies Philosophy

    --Knowing the Companies Track Record

    --Is the Company Privately Owned or Publicly Listed?

    --Public company advantages

    --Disadvantages

    --Privately Held Company Advantages

    --Privately Held Disadvantages

    CHAPTER 4: Evaluating Companies Management Team

    --How to Recognize a Good Management Team

    --Commitment to Quality, Employees and Ethics

    --Getting to Know the Management Team

    CHAPTER 5: How to Evaluate Companies Products and Services?

    --Quality of Products

    --Are the Products Consumable? Are they Unique?

    --Life Cycle of the Product.

    --MLM Companies and Bankruptcy

    --Marketability Issues

    --What to Sell

    --Product Training

    --Product Delivery

    --Does the Company Sell Exclusively Through Affiliates?

    --The Compensation Plan

    CHAPTER 6: Training provided by the company

    --Importance of a Good Training Program

    --Evaluating Training

    CHAPTER 7: Marketing Material and Support

    --What Marketing Materials are Provided?

    --What is the Cost of the Marketing Materials?

    --Does the Company Allow Internet Marketing?

    --Company Support

    --Marketing System and Sales Funnel Support

    --Order Processing

    CHAPTER 8: Finding the right Team

    --Factors in Choosing the Right Team

    --Marketing Materials and Organized Support

    CHAPTER 9: Final thoughts

    --Perfect Does Not Exist

    --Research

    --Check Yourself

    --Take Your Time

    --Be Yourself

    --Final Warnings

    --Considerations

    ABOUT THE AUTHOR

    Chapter One: Introduction

    It is likely that you are reading this book because you are seriously interested in joining a network marketing opportunity. You may have been approached by trusted friends and family members and be so excited by the opportunity that you just want to jump right in. I am here to tell you to slow

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