Many people doing MLM will tell you that the only chance for most people to have MLM success is to get in on the ground floor.
What they mean by that, is to get in with a company as early as possible, like pre-launch.
The first problem with this belief is that if you really believe it, then you will be building a team of people who do not get the same opportunity that you did. The more time that passes, the less opportunity your new team members have if your belief is true.
The next problem.
The problem that most people never see is that they do not get in nearly as early as they think. In the beginning there are the company founders and they are the only ones that know about the plan. Then they hire one or more master distributors to put at the top of the pay plan.
These master distributors go out recruiting people they already know in network marketing who have built organizations and may be looking for a new company to build. Keep in mind that you and I have never heard one word about this company so far.
As these top level distributors are added, then they go out and recruit more network marketing people. There could be a sizable number of distributors in the company and there is still no public information about the company.
Finally the time comes for the leaders launch. Well actually they just give it a name like that to suck you in. Open advertising is going on and they don’t have a clue if you can be a leader and build or not. And if they are recruiting the public, then they have already launched.
They are just advertising and with a little bit of luck, the people who do not see themselves as leaders will wait to join. They want the best people near the top.
Then the pre-launch rolls out. Again, the company has launched. It is just a way to suck you into thinking that you are really getting in on a ground floor opportunity. If they survive long enough, they will eventually drop the pre-launch name.
Chances are, with many MLM compensation plans and companies, you have already missed the true ground floor that you needed for MLM success based on your belief. (My belief is that the opportunity is yet to come from a timing aspect.)
But it gets worse.
Ninety-Five percent of these companies will not survive for even two years. Those numbers hold true for new companies in general. It’s not just an MLM thing. You can verify through Forbes or Business Week.
That is the same as saying that 19 out of 20 new companies will fail in their first two years.
Are you a gambler?
Those are lousy odds. Can you afford to put two years of your life into a company that has a 95% chance of failure. When they lose, you lose. It’s time to start all over again with the same lousy odds and hope you get lucky the next time.
Has anyone ever jumped on the new company and gotten lucky. Yes, of course. But even with a lot of luck you have to do the work to make it happen. There are a lot more people who got in at the same time as those that did make it, but they never built any income. So even if you get lucky it takes work and MLM skills.
So not only are you gambling that the company will survive at least two years, but you get to live through all the growing pains with the new company.
And possibly the most miserable feeling of all will come after you have built a team. Then the ground floor opportunity doesn’t look so good to prospects. The sponsoring slows down. The people at the bottom are not making money and there are ten more ground floor opportunities calling them. They quit. Then those above them quit. The cycles continue until you lose most of your team. Now you have a tiny team, little income, and the ground floor opportunity is gone. What now?
My suggestion is, join Mentoring For Free, and read Success In 10 Steps. You can plug into free live training calls and hundreds of recorded training calls.
I hear things like this from people quite often, “I have learned more about network marketing in just the first two weeks of free MLM training than what I learned in all my previous years of network marketing combined.”
7 Questions Accountability Partner Bob Burg Build Relationships Colors To Success Color To Success Compensation Plan Don Standard duplicable mlm system duplicable system Facebook FortuneNow.com Free MLM Training free training calls Ground Floor Opportunity Jim Rohn Mentoring For Free Michael Dlouhy MLM Compensation Plan MLM Compensation Plans MLM Duplication mlm mentor MLM Policies and Procedures MLM Skills MLM Success MLM Success Ebook MLM WatchDog Penny Dude Personalities Policies and Procedures Proven Duplicable MLM System Proven MLM System Recurring Income Relationships Scam Social Networking Success In 10 Steps Terminations The Go-Giver Tom "Big Al" Schreiter Tom Schreiter Twitter Video YouTube YTB
