How to Find a Network Marketing Goldmine: Researching and Evaluating MLM Opportunities
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About this ebook
This book will teach and empower you to evaluate the right network marketing opportunity suited to your passion, taste and knowledge.
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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
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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).
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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