Although it would be nice to think that venture capital firms were salivating to fund direct selling companies, this is not the case. First, the amount needed, which often is merely a few hundred thousand dollars is “too small potatoes” for most venture capital funds. Even the best MLM companies are often started by inexperienced business persons. Venture capital firms are not comfortable in this context.

Continue reading »

Invite your friends on Twitter, Facebook, LinkedIn, and Instagram to try your product or to join your company.

Invite your friends on Twitter, Facebook, LinkedIn, and Instagram to try your product or to join your company.

Obviously, there is no substitute for your warm market. Network marketing is a relationship business. And, to a certain extent, recruits sign on with you and customers buy from you based on your relationship credibility which means that you are putting your credibility on the line. For this reason all network marketing companies ask consultants to make a prospect list which is first led by the “low lying fruit:” family, friends, neighbors, co-workers, business associates, church members, PTA members, club members, Facebook friends, etc.

Beyond the “low lying fruit,” head to your social networking contacts on the web. Invite your friends on Twitter, Facebook, LinkedIn, and Instagram to try your product or to join your company. Try to get the most use out of these social networking websites by marketing in the ways that those who join these sites like to be marketed to… For instance, when you receive a fresh batch of cosmetics or a new pair of shoes from your

Continue reading »

Tell us your story. How did you discover the network marketing industry?

Tell us your story. How did you discover the network marketing industry?

There are many ways that new consultants are initiated into the network marketing business. Some find or seek out MLM companies on the internet, while others get recruited by friends, family, co-workers, neighbors, acquaintances, or other people that they know.

MLM Attorney wants to know: How did you discover network marketing? Did you have family in the business and were always aware of the industry? Did you learn about an opportunity from an acquaintance? Do you seek out new network marketing companies or are you loyal to a long-standing company? Did you find a product that you liked and joined to get the product? Tell us your story. How did you discover the network marketing industry?

Continue reading »