Learn the importance of critical thinking by raising a teenager.

If you've read my last several blog posts you've probably got a fairly good understanding of how to evaluate MLM business opportunities, and make a pretty thought out decision as to which one you want to be a part of.  The problem comes when someone, who maybe lacks a little integrity tries to pitch you.  This is where you need to develop some critical thinking skills.  That sounds all complicated and like some sort of term you'd get from a college course, but really it's simple.

You've gained some knowledge, now when someone tries to pitch you you get a little confused and start getting turned in circles just like an argument with a teenager.

What is the best MLM lead source that can give you pre qualified MLM leads?

I guess the first question you should ask yourself is what is a pre qualified MLM lead?  Who are the people that you want in your business?  The second question you should ask after you have figured out who you want is:  What is the best MLM lead source that can get me those people?

Before we answer those questions, you should know that I NEVER buy leads anymore.  They're junk.  They're used up lists of people that either never went anywhere in the MLM business opportunity that they were in or they are the end of the list of those that never got in.  Once in a while you'll find one that got in and did pretty good but that was a long time ago and things are a lot different today in the Network Marketing world. Let me tell you a little story.

How duplicatable is your MultiLevel Marketing business opportunity?

It is key to make your Multilevel marketing business opportunity as duplicatable as possible.  And the less you have to talk, the more duplicatable it gets.  The ability to use the Success In 10 Steps ebook and just point to sections that answer certain questions or to sections that would be valuable to people makes your life a lot simpler.

The format of the ebook has been very successful. It's had over 107,000 downloads in the past 4 years. A lot of people have used STS to generate leads and build an Multilevel marketing business. It is set up to make it easy for people to do network marketing. You don't have to be an expert at anything. You hardly even need to be able to answer any questions.

We know the 3 questions people most ask when they're looking for a business:

Do you have a system and is it duplicatable?

Gone are the days that you could just call all of your friends and family, and start walking the streets peddling your Multilevel Marketing business opportunity.  Today you must leverage the internet, or you will not be able to duplicate what you do with your down line.  You need to have a system that gives you targeted leads, and a system to introduce them to your opportunity.

Am I in the best compensation plan?

It's really interesting how compensation plan's work.  All of them sound good during the presentation and of course they would.  The guy giving you the presentation has been snowed too.  Not saying that they are all bad but there is a broad spectrum from plans that completely DO NOT work and those that are awesome.

How great is your product......and is it affordable.

There's a fine line to ride here because you want a good profit margin but you don't want an overinflated price on your product either.  If people can go to the store and buy a comparable product for less, even if it's a little inferior, they will.  Do people want what you have?

It's not a cardinal sin but also think hard about Multilevel Marketing companies with only one product.  Obviously, if there is only one product people's autoship isn't going to change a whole lot and those that are only product consumers don't have a whole lot to choose from so your target market is a little tight.

Remember your profit should be made off of the product sales.  Do you earn a lot of your bonus money from new recruits? ........ Be careful.

Timing is everything.

Getting into a Multilevel marketing business opportunity at the very beginning is really exciting.  There's hardly anyone signed up and everyone will be going under you. Man, can you believe your luck.  They'll tell you things like "What if you were there day one when one of the big name MLM's started.

There's something they won't tell you though, 99.9% of new start ups fail within the first two years.  So now where are you.  A big downline that is looking at you as the one that screwed them all.

Do you understand EVERYTHING in your Multilevel Marketing business opportunity's Policies and Procedures

     When you joined your Multilevel Marketing business opportunity did you read your Policies and Procedures.  Most people that join an opportunity don't even know what it looks like let alone what it said.  Your friend came over and gave you a presentation that sounded fool proof (by the way they didn't read them either).  They were so excited, you were so excited.  Everyone in the place was going crazy, it had to be legit.  Well, don't blame your buddy, they were fed the same line that you were.  Now take a deep breath and start into your policies and procedures.  

How much overhead does your Mulilevel Marketing company need to cover?

This is the corporate headquarters of a popular Multilevel Marketing company.  It's a beautiful multi-million dollar building with probably hundreds of employees ready to help you with your every need.  They'll be there 24/7 to help you with orders, answer questions on the intricacies of the compensation plan, and they'll be happy to help you with your autoship.

How mush do you think it costs to pay those employees?

Check the Corporate leadership of the multilevel marketing company.

Who's in charge is probably one of the first things that you will hear when you are getting pitched on a multilevel marketing company. Take down the names of the corporate leadership and Google them with the word scam or fraud. See if there is anything that comes up. Ask if they have built any downlines of their own as a distributor. If the answer is no then they probably don't even understand that 80% of Network Marketers are part timers, working a full time job while trying to work the business. Most likely they didn't but they'll tell you how much money the COMPANY made, and how many millionaires were made.

Are you ready for a multi level marketing business opportunity.

     So you've seen the plan for another multi level marketing business opportunity.  The plan looks solid and you've been assured that it's easy, and you'll make a boat load of money.  All you have to do is pay the signup fee, schedule your autoship and you're off and running with your list of friends and family.  Training is every Tuesday where you'll learn the intricacies of the compensation plan and the benefits of the product.  How could you fail?

Choosing the company you work for that works for you

Here at “Mentoring for FREE” we talk a lot about the 5 pillars. I think there is a misconception about the meaning of some of the pillars so I wanted to briefly go over them.