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Topics > Business Planning How To's > ID: 1780

So, How many companies You Got?

Posted Date: Dec 7th, 2008 22:12 | Hits: 653

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  • Paul W. Murphy
  • Coach / Mentor
  • SocialRank:  #56
  • Level: Senior (402)
  • Confirmed Friends: 29

Hello Friends!

  Have you ever heard anyone whose succeeded in Network Marketing tell you to work more than one MLM business, or to develop several income streams from working with more than one company? If so, RUN!!!

  I haven't, in fact every true expert in the field I've ever learned from or associated with has said just the opposite. Why is that?

  Here's a lesson that took me years to learn, and listen up!

Network Marketing is not just another business opportunity, it's Network Marketing. That means building a Network of people who go out and Market a product, service, and opportunity.

  It's a whole different business model model than say buying real estate, working the stock market, and working a 40 hour J.O.B. or even a part time J.O.B. all at the same time.  That's doable.  Where you get bit is trying to split your time and energy building several different teams at once.

Don't fool  yourself, or the people who look up to you for coaching and guidance. You won't succeed in any Network Marketing company, by trying to work two or three companies, guaranteed!

  You will look like and be an  "MLM JUNKIE", and lose respect from anyone experienced enough to know the game. Instead you will attract more MLM JUNKIES to fail with, what a sorry lot... I know because I've been there!  Have you?

  Take the Olympics for example, see the level of COMMITMENT, DEDICATION, TEAM BUILDING and FOCUS it takes to be a WINNER  (not a whiner)  and stand on the podium?

Learn what it takes to be a great company in this industry, find one and give it all you've got, with LASER FOCUS, and you will have your DREAMS and RETIREMENT INCOME  in just a few short years! You'll be ROCK SOLID and stand TEN FEET TALL!

Build a book of business that will prosper your family long after you're gone,  now thats a gift worth giving!

Be Well and Prosper!

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Member's comment

glnagy  Dec 7th, 2008
Good advice with perhaps an exception or two. Like, for instance, when a mlm company decides to make sudden unexpected changes to their compensation plan where you suddenly have to make a minimum fixed amount of sales or sign-ups....but you were sick that month so you simply didn't get paid!

Additional streams are a good idea, especially if they come in the form of your own products and services.

pplcheryl63  Dec 8th, 2008
glnagy: Investing could be quite interesting right now, things are bound to head back up in value sooner or
Of Course investing is a good idea if you can afford it. Lot's of speculators became obscenely weathly during the Great Depression buying stock for pennies on the dollar then sitting on them until the market improved. Although right now I would not invest in stock.

Real estate. Land not Homes.

Jenny Wudtke  Dec 8th, 2008
Not Good...... Boy, if you want to watch a BLUE explode like a fire cracker, try multiple businesses. Not a pretty picture! It took me awhile to figure it out but we need to lasor focus on what will help us to own our life and JUST DO IT!!

YoursFor Life,
Jenny Wudtke

glnagy  Dec 8th, 2008
Investing could be quite interesting right now, things are bound to head back up in value sooner or later, if for some reason they don't I hardly think it's gonna matter! Probably a few companies out there with stock worth less than they're assets right now too...

FYI, I am NOT a qualified financial adviser! LOL!

Remarketer  Dec 8th, 2008
This is great information. No MLM will succeed if it does not build a retail product base. I would be like an auto manufacture looking for dealers but the dealers don't have to sell any cars. You need to use your own products and teach others to do the same and have them teach others the same thing.

Daniela Riess  Dec 8th, 2008
Multiple Streams of Outgo...Bad idea!
Do your due diligence first, it's critical to your financial future, then find One business opportunity and make it work!
I appreciate you,
Daniela Riess

digitalstar  Dec 8th, 2008
I agree with opinion of paul to stick with single program and develop instead of choosing several program at a time.

One must be careful while selecting Multi Level Marketing program it self. Program will succeed only if Products takes first place compared to earnings or money.

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