Pulling The Rug Out, and Other Network Marketing Tips

Janelle is a recruit for an MLM business I was involved in a couple of years ago. I have left the business, but Janelle stuck with it, and she has done pretty well. She called me in a panic yesterday. Seems the company is going to terminate her. They gave some reason like she wasn't selling enough product. I don't know the real reason. Nor, I suspect, does Janelle. At any rate, she was in a panic. "Can they really do this???" she asked. "Well, yes," I replied, cringing as I said so. "They probably can."

Can They Boot You Out the Door?

Many, many contracts read that Yes, they can boot you out the door.

The very best network marketing tip anyone can give you is to read the contract.

Be aware that if the company can cancel your distributorship with or without a reason, your business can disappear in a month. Even if the compensation plan allows you to continue receiving income from distributors after you retire from selling yourself, a company that has the ability to terminate your distributorship on a whim can effectively steal that income.

Relying on a company that has this clause in its agreement means you are relying on integrity that may not exist. It is very important to limit your risk of losing your business by taking note of this important marketing tip and choose your company and opportunity very wisely.

However, if we don’t act on good, reliable information all we’ve done is waste our time. Don’t ignore this network marketing tip. Read contracts carefully before signing up and make sure you are not disadvantaged by a network marketing company’s payment criteria. Their goal is to maximize their profits. Your goal needs to be to maximize yours.

Cover Your Backside

The easiest way -- and the best way -- to make sure you are not going to lose the business you have built is to have multiple streams of income and not to be dependent on any one Network Marketing or MLM business opportunity. After all, no matter how careful you are in evaluating a network marketing business, things can go wrong. Having your eggs in more than one basket just makes sense.