subject: If You Have a MLM Home Based Business This Will Scare Your Pants Off [print this page] If You Have a MLM Home Based Business This Will Scare Your Pants Off
If you believe the MLM Home Based Business you are building is your own... Think again?
Imagine this scenario
For the past 10 plus years you have been steadily working on your MLM Home Based Business and from one day to another the company you represent decides to change the payplan. You are scrambling to keep your organization but can't prevent max exodus.The bottom is falling out of what you have been building for years. To top it all off, the company doesn't like your disgruntlement, sees you as a threat and decides to put a hold on your commission check. Or even worse decides to get rid of you.
Think it couldn't happen to you? Think again!
Different scenario
Very excited you joined a new startup company. It's just what you were looking for. You have expended a lot of elbow grease to build a great group. You've got everyone else excited to follow your example and then from one day to the next the company decides to no longer use the network marketing business model. You've reached the end of the road.
News Flash
You may have been told that you are your own boss building your own business, but if it's a MLM Home Based Business it couldn't be further from the truth.
Your business belongs to the company you are associated with and you can lose it at any time for any reason!
You are an independent contractor!
Nothing more. You don't really own your MLM Home Based Business. And if you don't play by the rules the company spelled out for you .and may amend at its own sole discretion at any time it's "Game Over".
Worried yet? You should be!
So how do you defend yourself?
Well, you start by reading your company's Terms of Service, sometimes also called Policies and Procedures or Distributor Agreement. Go through it very thoroughly and if there's anything in it you don't agree with, don't sign it.
Realize that you are an independent consultant of the company which will pay you commissions for marketing their products or services as long as you are in good standing with and comply with their rules.
Although you are your own boss you don't own the MLM Home Based Business you are marketing.
Brand yourself not your company.
Build yourself up as an expert. Develop your strengths. Acquire new abilities become more marketable. Make a name for yourself in the industry. Network with leaders, shadow them and learn from them.
It's these skills that once learned you own and which you can take from company to company and build on. So brand yourself not the company you represent.
Invest your income.
Many top income earners in the industry invest their income from their MLM Home Based Business in other markets, like the real estate market for example. Investing your commissions is a very wise decision should something go wrong with your company. Tip: Always consult a knowledgeable authority to help you make sound investment decisions.
Yes, you are building a MLM Home Based Business, but the company you represent owns it. They supply you with the product or service, they deliver it, they have the expenses, etc. and they pay your commissions. You only do the marketing part.
So, don't be left in the cold if something should go wrong.
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