Network Marketing – Success Point 7 – The Right Funding
Point SEVEN of The 12 Points to a Successful Network Marketing Company.
The Right Funding!
Let’s be honest here. Most Network Marketing companies are not funded properly. I am not talking about the juggernaut companies that have been the 1 in 100 and beat the odds. Even some of those companies are cash poor and struggling though. I am talking about the majority of Network Marketing companies in a start-up phase or in their early years. Here is the problem:
Most Network Marketing companies only have funding to push them through the first few months or maybe a year. Do you want to be part of a company that is forced to sell off or close down due to funding problems? It happens more often than not.
You may be the best Network Marketer in the world but if Corporate is not funded properly, than plan to be sold off soon. Find out about it. Ask! Here is a question that most Network Marketing Executives cringe at hearing:
Are you internally funded or do you have funding shareholders that make decisions for the company?
Guess what? If the company is funded externally then your parent company may be sold off within the next 1-3 years. You have put emotion, energy, money, and promised a downline residual income and growth! You deserve to benefit long-term if you build! So why do so many parent companies sell off? It is simple. Network Marketing has become a fast grow fast sell business model for many executives. Many are oblivious or could care less how if affects distributors. They want to make a buck like the next guy and they do it their way. Run fast if the signs of lack of funding or buy and sell funding are there.
Another important aspect of funding is local marketing and international expansion.
Most Network Marketing companies do not have enough funding for lead generation marketing or international expansion.
Make sure that you are in a vehicle that can move and grow. We all know that international expansion is huge. Most will run out of money and sell off or fold well before international expansion can occur. All companies will talk the talk but look for the actions of those that walk the walk. You deserve success! Yo deserve a vehicle that is well-funded and that has a chance for a long life. Do not settle for less!
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[...] Success Point 7 in my Next Blog: “The Right Funding.” [...]