So, What is The Best MLM home based business?

Too many people ask this question: “So what is the best MLM home based business in the industry at the moment?”  This to me says “Dilemma”, because if truth be told, this is a rocky road that you put yourself on when asking this question.  It is as if by asking the question and then possibly joining “The Best Business”, that they will instantly be successful.  And when they are not, and realise that there is actually a lot of hard work and sweat ahead of them, they quit and head for the next hottest thing in the market!

What I would like to do before I try to answer that question is to try and lay down some evaluation criteria.  This will provide some basis to the question at a later stage and also what you may find is that the question in and of itself is either really simple or not so, much depends on you!

The first question must be: Why would you consider a home based business anyway?

Wikipedia describes: “A home business (or “home-based business” or “HBB”) is a small business that operates from the business owner’s home office. In addition to location, home businesses are usually defined by having a very small number of employees, usually all immediate family of the business owner, in which case it is also a family business.

Home businesses generally lack shop frontage, customer parking and street advertising signs. Such businesses are sometimes prohibited by residential zoning regulations.”

The home business market is ginormous and within it there are many different segments and niches.  I consider, however, that a MLM Home Based business opportunity to be the best choice of vehicle with which you can create a sustainable income from home.  A MLM Home Based Business opportunity truly uses the power of leverage.  This is done regardless of creed, technical aversion, age, colour or even business background, this is why I revere this business model so highly!

Wikipedia describes: “Multi-level marketing (MLM) is a marketing strategy in which the sales force is compensated not only for sales they personally generate, but also for the sales of others they recruit, creating a downline of distributors and a hierarchy of multiple levels of compensation. Other terms for MLM include network marketing, and referral marketing.

Most commonly, the salespeople are expected to sell products directly to consumers by means of relationship referrals and word of mouth marketing. Some people use “direct selling” as a name for MLM, although MLM is only one type of direct selling, which started centuries ago with peddling.”

Pyramid Scheme

Some people confuse MLM with “Pyramid Schemes” which were very prevalent during the 90’s.  A pyramid scheme is a non-sustainable business model that involves promising participants payment or services, primarily for enrolling other people into the scheme, rather than supplying any real investment or sale of products or services to the public.

Some of the benefits to starting a Home Based Business are:

• The Ability to work from home or anywhere you choose in the world
• Wide range of products and services to suit anyone’s personal preference
• Low start-up costs
• Leveraged compensation plans can hugely increase your income quickly
• No overhead requirement.  You have no shop.  Product delivery is fulfilled by the company
• True walk away residual income when you leverage the efforts of other people.
• Duplicatable business model that’s easy to learn and to show others
• Tax benefits

When we get right down to it, an MLM (or as I prefer a Network Marketing Business) is in effect a “Business in a Box”.  You get all the forms and documents  pre-made for you right out of the starting gate.

All you need to do is become the Director of Marketing for your business and share and expose your products to the market so as to generate interest and get those all important sales rolling in.  You will then earn commissions from all sales generated, additionally you may earn leveraged income from the people you recruit.  This really at the roots of it all is a very simple and easy to understand business.  And for many around the world today, they are creating prosperity and wealth in their lives by leveraging the power of the Network Marketing business model.

So this is all well and good, but I want to work for myself and I have no clue as to what to look for in a Network Marketing Company?  How do I determine which company is right for me?

Here is a short list of evaluation criteria that I have used in the past.  Please note, I say in the past!  I am with my current company for the long haul, I will not be changing any time soon.  Nor should you, once you have chosen yours!

Please note that these are my criteria and may not fit in with everybody’s idea of what to select a company on!

1. The Product!  This for me is the first line of selection!  Now, don’t get me wrong, you do not have to love the product but you have to at least feel some form of affinity towards it.  You must be able to get in line and defend it’s honour if needs must!  Ensure that whatever you choose that you can honestly stand in front of someone believing in your product!  [Please note, you can alter the selection criteria however you see fit, you do not need to start with the product first if you feel that leadership is more important!]
2. Timing. This for me would be my second selection.  There are many companies out there that have been around for many years and everybody knows who they are.  This can be a good or bad thing depending on where you are in the world.  But, every now and again a company is created and is from the very start, a Network Marketing Giant in it’s respective category.  There is a lot of money to be made for those that can identify these opportunities because the rewards can be had just simply because of where you are positioned in the company, not because of any specific skills one may have.
3. Leadership. The Network Marketing arena and for that matter the internet itself is a constantly changing garden.  There are technological and social improvements being made every day.  Does your upline have a handle on all these trends?  Does he/she keep abreast of our changing world?  Are they positioned to take advantage of all the modern day tools and resources such as the internet and online lead generation?  And more importantly, do they keep their team abreast of these changes and work with them to grow their own respective teams?
4. The Compensation Plan.  There are so many Network Marketing companies in business today and with them a myriad of varying compensation plans.  each and every one will be different even though some of the inner workings may be similar, each one will work to a different set of qualifying criteria.  You will need to do some in depth research on your chosen company so as to understand the various income levels, what bonuses there are and when you can get them and are there any profit sharing pools?
5. The Competitive Landscape.  Network marketing or MLM, however you choose to call it is an extremely large, extremely competitive industry and for every NM company selling some form of juice or vitamin supplement, you will find another ten all selling a similar product.  This will just make it more difficult, but not impossible!  Competition is a good thing, it means people want your products and services.  The reason I add this in last is because some of you will consider this higher on the list than I have listed it, but as I stated earlier, every person will use this criteria list in their own way.

So, I hear you ask, what is the best MLM Home Based Business?  Well, this is what I believe!

I have been involved with Network Marketing and the MLM Home based business industry for as long as I can remember.  1996, I seem to recall as my first foray into this industry.  I have done household products, shampoos and conditioners to vitamin supplements and cleansing products.  I have done electricals, none of them really agreed with me.

Now, don’t get me wrong, some of the vitamin products were very good and I took them every day, but they just did not resonate with me like my current company does.

Let me digress for a moment.  Approximately 18 months ago, near the beginning of 2010, I came across a well known course called “Magnetic Sponsoring” by Mike Dillard.  This little book completely changed my stance and my vision of Network Marketing.  It allowed me to see for the first time how success within this industry was actually possible.  It showed me that a continuing education was absolutely essential and indeed vital to my success.

I did some serious due diligence before I joined my current company, in fact I studied them for over a year before I joined, primarily due to the fact that they were not actually in the country when I first found them.  So what did I look for?

I had to like and believe in the product.  I had to want to actually buy the product for myself.  Did the company use the internet and the many tools that are available online?  What I liked was that the company were very flexible in their approach to online marketing and what could be done by the company reps.  This appealed to me.

I needed to believe the leaders of the company, believe in their honesty, integrity and in their marketing skills to be able to mentor and train me in my own successful business.  The likes of Chris Kent, Ray Higdon, Jake Kevorkian and David Wood are very big reasons why I chose to join this company.

Another reason was that this company was only two years old at the time and just launching in the UK, so a real ground floor opportunity.  Killer product, killer timing, ground floor.  You cannot ask for a better reason than this!

The comp plan needed to be a killer and with the “Coded Matching Bonus” that this company offers, it is!  You can generate up front cash quickly, and the long term residual income possibilities are quite sublime.

So, what am I talking about?  Numis Network of course!  Gold and Silver Numismatic coins.

I decided on Numis Network for several core reasons:

1. The product is one I absolutely believe in considering the times we find ourselves in.  There is high demand for gold and silver right now, people want to buy and with the Numis 5 year guarantee, there is literally no rejection.  And best of all you are accumulating gold and silver assets.
2. The leadership team is phenomenal.  They are people you want to work with on a daily basis.  They will teach you how to build a six figure business.  They are open, honest and available.  Believe me I know, I have had breakfast with Chris Kent, did not expect that!
3. The compensation plan is truly to be seen to be believed.  Earning a six figure income is achievable.  There are so many different ways to earn through this comp plan.
4. After all the companies I have been with, let me tell you something, when I say that I would rather end up with a garage full of gold and silver coins rather than  a bunch of juice bottles.  And I have in the past ended up with a garage full of juice and vitamin bottles, all of which ended up in the garbage!
5. There is currently no other company marketing this type of product in this format anywhere in the world.  Truly ground floor opportunity.

Numis Network is my Network Marketing company of choice, and while Network Marketing or even indeed Numis may not be for everyone, with the right amount of application, hard work and consistency, anyone can make a success of this business.

Why don’t you go check out this presentation: Numis Promotion and Decide for yourself if this is for you?

alan [at] alan-turner [dot] net

PLUS ME!

PS: If Your Upline Does Not Have a Step-By-Step Blueprint For Success, Check This Out (Unless You Already Have Too Many Leads) – Click Here For Instant Access

Related posts:

1. 3 Types of Business Models – Home Based, Network Marketing & Direct Sales!
2. Network Marketing as a Business Model

Tagged as: home based business, mlm, network marketing, numis network