Choosing an MLM Company (wealth management advisors)
No commentsBy Mario Bentley
The growth of the Internet and people looking to earn some extra money from home, paved the way for MLM companies to double over the last decade. With this growth in interest in network marketing, many new companies have sprung up to join the ranks of the time-tested, older MLM companies.
If you are thinking of starting a side career in MLM, or just want to see how your current company measures up, take note of the critical things to look for when choosing an MLM company.
The first thing to look for is stability. It would be best if an MLM company has been in business for 2 to 5 years. There is really something about companies that have already “stood the test of time”.
The longer the MLM company has been around, the more chance of it staying around. There are enough things to worry about in network marketing, such as sponsoring and advertising, without having to wonder if your company will be around next year.
Even if you were able to build the biggest downline and become the highest earner in the MLM company, it would not matter if they suddenly shut down. There are never any guarantees, but a company with a longer track record generally has more chances of longevity.
The second thing to look for is the one in charge of the company. Who is the president, and who are the directors? What is their track record? Have they spent time in the network marketing industry, or are they new to it all? What businesses have they been involved with in the past?
If you do not know the answer to these questions, call or email the company to find out. It is critical to know the answers to these questions from the outset. If you plan to spend many years with the MLM company, you would want to be dealing with people who are honest, savvy, and have integrity in and outside of the business world.
Third, is the product being marketed. Generally speaking, the more products the better. The fewer products you have, the more chance your prospects or potential customers might not be interested.
There was one MLM telecommunications company that recently went bankrupt. They basically only had a few products in the industry. Perhaps if they had added some nutritional products, they could have survived.
In addition to this, the products should be competitively priced, and somewhat unique.
Fourth, know if it is easy to start in that MLM company. Can people join online, or do they have to fill out paper forms?
Having the option to join online makes the whole process a lot easier. On the same note, having the option to join free will open up your opportunity to many more people.
Your MLM company should let people join free and allow them to market the products to earn income. Once someone has joined free, they have partially committed to the business. This makes it easier for you and your company to follow up with them, via mail or email.
Lastly, the more automated the MLM company is, the better. They should give you a personal company website that you can refer prospects to. A prospect should be able to contact you from that page.
And the MLM company should have a series of emails that follow up with your prospects.
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Tips on Selling Your Diamonds
By Dennis Lambert
There are many reasons why you may want to sell a diamond that you own. Perhaps you’ve gotten divorced, or you are strapped for cash. The reasons why don’t really matter - getting the best possible price is what counts! The way to obtain the best price for the diamond is to not be in a rush. Slow down, and carefully consider all of your options - there are many.
First, have the diamond appraised. In fact, have it appraised by two or three jewelers to get an accurate idea of the diamonds value. Tell the appraiser that you want the Rapaport Value. This is the wholesale value of the diamond, and it basically tells you the highest price that you can sell your diamond for. If your diamond has no certificate, you should consider getting a certificate from GIA. This may help you get a better price for the diamond as well.
First, try to sell the diamond yourself, to people you know. Friends and family members may be interested. If you don’t have any luck with friends or family members, you should turn to outside sources. Absolutely avoid pawn shops! A pawn shop will only offer you about 10% of what the diamond is worth! Also avoid offers of selling the ring on consignment. There are many things that can go wrong, and there is no shortage of diamond scams - even in well known jewelry stores.
If the diamond is important, you should strongly consider auctioning it off through one of the famous auction houses, such as Christie’s or Sotheby’s. If it isn’t what is considered an ‘important’ diamond or a high-end diamond, you should try to sell it to an individual using classified ads, or even eBay. However, selling to an individual that you do not know could put you in danger - especially if the diamond is worth a lot of money.
Your final option should be a jewelry store. It is vital that you not let your diamond out of your sight while in the jewelry store - you might find that the diamond you walked in with is not the same diamond that you walk out with! The jeweler will try to tell you that your diamond is of poor quality or low weight. Inevitably, there will be some problem with the diamond. This is where your appraisal and/or certificate will come in handy.
If the jeweler is fair, they will offer you between 60% and 80% of the value of the Rapaport Value. Do not accept anything less than this. Again, do not let the diamond out of your sight until you have been paid for it.
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Monday, August 31st, 2009 at 2:05 am and is filed under finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
