MLM Scam: 7 Tips To Avoid A MLM Scam
By Suzanne Fulford
A big reason many individuals fear MLM is because they believe
they are going to get scammed. There is lots of information in
cyberspace about MLM scam this or MLM scam that. People are
afraid of the unknown and since very few know much about MLM,
except hearsay, it creates an atmosphere of anxiety and
aversion.
The key, as in anything, is to do your homework and educate
yourself on the ins and outs of MLM. Then you have the
information to make your own educated decision. The following 7
tips will provide some information on how to avoid scams when
choosing a MLM.
MLM Scam Tip #1
Research the company management. That's very easy to do
nowadays. Google is an incredible resource. Put the names of the
company's top management into the search engines and see what
comes up, some of the results are shocking!
MLM Scam Tip #2
Read the policy and procedures before you join. The policy and
procedures, p&p's, are your contract with the company. Make sure
you understand what they are saying. Look for red flags such as,
p&p's not available on the main company website, p&p's that are
over 7 pages long, anything in the p&p that says ongoing or
continual, or 30 day termination at the company's discretion.
These are just a few things to watch out for. You don't want to
build a team only to have it ripped out from under you. Sadly,
that happens.
MLM Scam Tip #3
Understand the compensation plan. This might seem like a no
brainer, but MLM comp plans are not like anything in the real
world. Take your time to understand it before you join. Ask
questions if you don't understand. A good question to ask is
"How many people will it take in my organization, on the back
end, meaning residual, to make 10K per month?" See what they say
and ask yourself how doable is that for me?
MLM Scam Tip #4
Good upline support is extremely important to MLM success. You
need a team of people that work together and leave their egos at
the door. If possible talk to others in their downline and see
what they have to say. Many good people enter into MLM being
promised support but get none because their upline has moved on
to recruit others or they are too busy helping the "superstars".
MLM Scam Tip #5
Good solid training. Training you can take to the field and
use. Not lots of hype and pie in the sky tales of success.
Training where you get some basic skills needed to do this
business. Of course, you shouldn't have to pay for it!
MLM Scam Tip #6
Avoid lead generation systems that rely on friend and family.
Systems like these make it extremely difficult for success in
MLM. 92% of the population doesn't like to sell or be sold; I'd
say the number is even higher when you are talking about friends
and family. If the company your thinking about joining employs
this type of lead generation system, tie up your shoelaces and
run for the door!
MLM Scam Tip #7
MLM success takes work. It is not a get rich quick scheme. If
someone is saying; "in our company it's easy to have success" or
"we'll build your downline for you" or "you can make 100K in 6
months", they are lying. Plain and simple.
MLM is an incredible business when you align yourself with the
right company. By following these 7 tips you will increase your
chances of success immensely by avoiding a MLM scam.
About the Author: Suzanne Fulford is a successful network
marketer and stay at home mother of two. Suzanne believes
everyone with the desire to become successful in network
marketing can do so with the proper skills, mentoring and
support. It is her goal to help as many people as possible
attain the proper skills and mentor them to success. Download
her free eBook at http://www.TheMLMmom.com or visit
http://www.NetworkMarketingHotspot.com for more free tips and
training.
Source: http://www.isnare.com
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