How to Find a Network Marketing Goldmine: Researching and Evaluating MLM Opportunities
By Praveen Kumar and Prashant Kumar
()
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
Read more from Praveen Kumar
How to Grow Rich with The Power of Compounding Rating: 4 out of 5 stars4/5How to Grow Rich with The Power of Leverage Rating: 5 out of 5 stars5/5The Ten Commandments of Wealth Creation Rating: 5 out of 5 stars5/5How to Grow Rich with Property Investment? Rating: 0 out of 5 stars0 ratingsNetwork Marketing Blueprint for Success Rating: 5 out of 5 stars5/5100 Famous Real Estate Quotes Rating: 0 out of 5 stars0 ratingsHow to Grow Rich by Creating Multiple Streams of Residual Income Rating: 5 out of 5 stars5/5How to Become a Millionaire: Master the Mind Game Rating: 5 out of 5 stars5/5How to Create and Preserve Wealth that Lasts Generations Rating: 0 out of 5 stars0 ratingsHow to Grow Rich by Giving Rating: 0 out of 5 stars0 ratingsHow to Grow Rich with the Power of Networking Rating: 3 out of 5 stars3/5How to Grow Rich by Overcoming Fear that Holds You Back Rating: 0 out of 5 stars0 ratingsHow to Find a Network Marketing Goldmine: Researching and Evaluating MLM Opportunities Rating: 0 out of 5 stars0 ratingsLight Manufacturing in Zambia: Job Creation and Prosperity in a Resource-Based Economy Rating: 0 out of 5 stars0 ratingsBioactive Phytochemicals from Himalayas: A Phytotherapeutic Approach Rating: 0 out of 5 stars0 ratings
Related to How to Find a Network Marketing Goldmine
Related ebooks
Network Marketing is Dead Long Live Network Marketing Rating: 0 out of 5 stars0 ratingsSuccessful Network Marketer Tips Guide Rating: 0 out of 5 stars0 ratingsNetwork Marketing Survival: Choosing the Right Company & Always Making Profit from Them All! Rating: 0 out of 5 stars0 ratingsHow to Find a Network Marketing Goldmine: Researching and Evaluating MLM Opportunities Rating: 0 out of 5 stars0 ratingsNetwork Marketing Survival Rating: 0 out of 5 stars0 ratingsNetwork Marketing Survival Rating: 0 out of 5 stars0 ratingsThe Duplicative Sponsoring System Rating: 4 out of 5 stars4/5Network Marketing Mindset: Personal Development and Confidence Building For Network Marketers Rating: 3 out of 5 stars3/5Multi Level Marketing Rating: 0 out of 5 stars0 ratingsNetwork Marketing Survival: “Choosing the Right Company & Always Making Profit From Them All!” Rating: 0 out of 5 stars0 ratingsNext Generation Network Marketing: The New Rules of Network Marketing Rating: 0 out of 5 stars0 ratingsThe Top Multilevel Marketing System: Strategies for Building a Successful Business Rating: 0 out of 5 stars0 ratingsHow to Market Your MLM or Network Marketing Business Opportunity Rating: 4 out of 5 stars4/5Online MLM Blueprint Rating: 0 out of 5 stars0 ratingsNetwork Marketing and Social Media 2020 Rating: 0 out of 5 stars0 ratingsNetwork Marketing: Professional Guide in Only 40 Pages Rating: 0 out of 5 stars0 ratingsMLM Secrets: The Secrets of Successful Network Marketers Rating: 0 out of 5 stars0 ratingsA Joosr Guide to... Go Pro by Eric Worre: 7 Steps to Becoming a Network Marketing Professional Rating: 0 out of 5 stars0 ratingsThe 7 Lies of Attraction Marketing Rating: 0 out of 5 stars0 ratingsLearn How to Avoid the Pitfalls of Network Marketing Rating: 0 out of 5 stars0 ratingsMlm and Extra Incomes Rating: 3 out of 5 stars3/5The 1000 Men Strong Leader: The Secret to Effortlessly Building a Network Marketing Empire Rating: 0 out of 5 stars0 ratingsBe a Direct Selling Superstar: Achieve Financial Freedom for Yourself and Others as a Direct Sales Leader Rating: 3 out of 5 stars3/5
Marketing For You
Mastering ChatGPT: 21 Prompts Templates for Effortless Writing Rating: 5 out of 5 stars5/5Win In Court Every Time Rating: 5 out of 5 stars5/5The Passive Income Cheat Sheet Rating: 4 out of 5 stars4/5Exactly What to Say: The Magic Words for Influence and Impact Rating: 4 out of 5 stars4/5The Passive Income Playbook Rating: 5 out of 5 stars5/5How to Talk to Anyone: 92 Little Tricks for Big Success in Relationships Rating: 4 out of 5 stars4/5The Best Credit Repair Manual Ever Written Rating: 5 out of 5 stars5/5Emotional Intelligence: Exploring the Most Powerful Intelligence Ever Discovered Rating: 5 out of 5 stars5/5How to Write Copy That Sells: The Step-By-Step System For More Sales, to More Customers, More Often Rating: 4 out of 5 stars4/5Six Figure Blogging Blueprint Rating: 5 out of 5 stars5/5Building a StoryBrand: Clarify Your Message So Customers Will Listen Rating: 4 out of 5 stars4/5INSPIRED: How to Create Tech Products Customers Love Rating: 5 out of 5 stars5/5The Psychology of Selling: Increase Your Sales Faster and Easier Than You Ever Thought Possible Rating: 4 out of 5 stars4/5Maslow's Hierarchy of Needs: Gain vital insights into how to motivate people Rating: 5 out of 5 stars5/5Influencer: Building Your Personal Brand in the Age of Social Media Rating: 4 out of 5 stars4/5The YouTube Formula: How Anyone Can Unlock the Algorithm to Drive Views, Build an Audience, and Grow Revenue Rating: 4 out of 5 stars4/580/20 Sales and Marketing: The Definitive Guide to Working Less and Making More Rating: 4 out of 5 stars4/5Robert Cialdini's Influence: The Psychology of Persuasion Summary Rating: 4 out of 5 stars4/5Propaganda Rating: 4 out of 5 stars4/5Everybody Writes: Your Go-To Guide to Creating Ridiculously Good Content Rating: 4 out of 5 stars4/5The Millionaire Next Door Rating: 4 out of 5 stars4/5Marketing Made Simple: A Step-by-Step StoryBrand Guide for Any Business Rating: 5 out of 5 stars5/5Ogilvy on Advertising in the Digital Age Rating: 5 out of 5 stars5/5
Reviews for How to Find a Network Marketing Goldmine
0 ratings0 reviews
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