Are Some "MLM Companies" Better Than Others?

If you're wondering, "are some MLM companies better than others?" The answer is simple: yes! However, the problem comes in when somebody says, "My company is the best company out there," because this statement is just impossible to be true. The "best company" depends on the person who is searching for the company. Just like taste buds, not everybody is the same. Some people love chocolate, while others despise it. So the same is true about network marketing and MLM companies.

MLM companies usually have a "flagship" product. This product is what the company is best known for. So, let's say the company you are considering joining has a health and nutrition product for its flagship product. Now, if you're into health and nutrition, or can see yourself getting excited about a health and nutrition product, this could be a good company for you. However, if you absolutely hate the idea of selling a health and nutrition product, it doesn't matter if the product is the best thing out there. Because people are going to feel that you do not like what you do and probably will not buy from you. So look for a company that markets a product that you have passion for, or can get passionate for.

Another huge problem with some "MLM companies" is their compensation plan. The two biggest problems I see are this. One company I was in had a very confusing pay plan and made you jump through hoops to even get qualified to get paid. I had to enroll four people on my front line, who each enrolled two people on their front line, who each enrolled one person. And, to top it off, every single one of these people had to order every single month, and if somebody missed a month, I didn't get paid. Then, the company would change the play plan to make it "better for the associates." Since the plan was so confusing, nobody really knew if their new pay plan was really better or not. The other huge problem I see with some [MLM companies] is that they pay on the "weak" leg. What this means to me is that they are not paying you for most of your effort. I just don't understand what somebody would see in this kind of a pay plan.

Everybody has heard of multiple streams of income, and I definitely agree that this is important. After all, if one of your streams goes out, you'll still have many more to provide income for you. However, what I see a lot of people do is get into multiple MLM companies at one time. I do not agree with that all, because I believe that if you're in multiple MLM companies, you're going to be devoting so much time to learning the rules of the business, learning about the product, and learning about the compensation plan that is going to be nearly impossible for you to start marketing.

I believe in learning one thing one (MLM company) and mastering it, and then moving on to another stream of income. Here's another example, if you started an MLM company and purchase an investment property at the same time, what is going to happen to your time? You are going to have to split between the two endeavors. Let's say you're successfully able to split your time between the two 50-50. So, instead of it taking you three years to master your MLM company and create a massive residual income for yourself, it will take you six. Now, if you would have devoted all of your time to this one endeavor, your efforts would have compounded much faster, you would have created your residual income much faster, and you would have then been able to go on to start new multiple streams of income in a completely different position, because you already had one stream coming in. So, decide what company you want to do, stick with it, master it, and then move on.

I have been in five MLM companies in the last five years (since I was 17). I have created residual income in two of the five. So, why did I get out of the first company I was creating residual income with? Plain and simple: they changed the products so they were not as high of quality and were not producing the original results, and they changed the compensation plan and made it nearly extremely difficult to even get qualified to get paid. So after that one I joined a startup company and got in on the "ground floor." I learned my lesson here, because two weeks after I paid to get into the company, it was shut down. So then I got wrapped up into the hype of the industry and joined two companies that had a very high initial investment. I just didn't have the faith that I could sell this kind of product, so of course I wasn't able to. After that, I decided to take a year off from network marketing and just work for and learn from Jeffery and Erica Combs. This prepared me for the day I got the call saying that Erica had joined a business, and I joined with her.

In the two years I worked for Jeffery and Erica, I learned so many invaluable skills for running any business, but especially skills about doing MLM and direct sales and how to choose an "MLM company" to join, that I felt absolutely comfortable with the company that I'm in now. I knew the product it would bring value to the marketplace, I knew that the leaders were good, I knew I could succeed. Because I knew this, I have.