Tuesday, October 27, 2009

Should you go with an established company?

How many times have you heard that you should only go with a company in network marketing that has been around for 5 years or longer??? That is great if you want to barely make a living, most companies that have been around for that long are more established making your job tougher to market. But there is some truth to that, you can be more certain the company will be around in the future. Of course in the last year, we have seen the collapse of many well known companies. Here are my reasons why I would try to pick a newer company knowing that companies in MLM don't fail any more than they do in the traditional world, as many would want to lead you to believe.
  • Chance to be one of the first ones to take product to market
  • I'm not good enough to compete with 900,000 other distributors
  • Less competition among other distributors (It's been said that 80% of all wealth is created within the first 120K distributors of any one company).
  • Company has not yet hit critical mass
These are just a few ideas. Would love to hear others as well.

2 comments:

Anonymous said...

It seems that when folk have belief in company,sponsor,and products,success can follow even if the company is new or established.

Tucson Property for Sale said...

Hi John
I disagree. I thnk you can build in a established company as well as a start up as long as you have focus and great products...those are the keys. Some people are network marketing junkies that go from one start up company to the next when they see their check go down in tough times.