Some good Job and Sales Advice I learned

This morning I went in for a meeting with the MLM (I was corrected this morning and realized that there actually called "Network Marketing"). So I went to a meeting with a network marketing lady, whose been in the industry for over 10 years. Shes actually an amazing knowledgeable lady whom I learned alot from. We didn't talk about her product much, but she told me more about where and what to look for in different MLM and network marketing companies.

The meeting was only supposed to be a quick 30 minutes, but it turned out to be OVER 2 HOURS! I just couldn't get enough, and it wasnt just about her product, but more about what I should be looking for. So I wanted to share what I learned with you guys.

She got me hooked onto the idea of "Network Marketing". I won't go into the details here, but if you want to know more of the details check out this website http://www.network-marketing-business-school.com

Now theres a few key factors you need to look at when looking for a product to sell.
The MAIN MAIN MAIN KEY FACTOR is that YOU MUST BELIEVE IN THE PRODUCT YOURSELF. She said she looks for two things when getting into a new company.
1) Would I use this product? Would I use this product for a prolonged period of time?
2) Would I spend the money on it?

If you can answer yes to these questions, then this is a product you can sell, because YOU BELIEVE IN IT! That is the key! It's such a reccuring theme between everyone I've talked to that's involved in this stuff.

For me a HUGE question and skepticism I have is "How will my income and compensation be affected depending upon who recruits me and what level I enter in?" I basically wanted to know, if the owner of the company recruits me, or someone 50 levels down, will I still have the same potential earnings? And the answer was YES!

******The most AMAZING part of these companies is that it DOESNT matter where you enter into these companies. You are your own boss and you build and sell your own enterprise. If the head of the company recruited me or the person 50 levels down recruited me, the compensation plan is the same!!*******

The only info she told me didnt' even have to do with her product. She just went over what I should look for and started with the compensation plans. There's basically 4 compensation plans that have evolved over the past 30 years.

1) Stairstep Breakaway: Used Pre 1980's and is no longer used. No incentives for leadership

2) Unilevel: A version of Stairstep Breakaway. A bit of improvement

3) Forced Matrix: This lacks in attracting big networkers, because theres limits.

4) Hybrid/Binary: Supposedly this is the system. Its the newest and has a duplicatable system that no matter where you enter into the company or what time, you still have the same earning potential as those who started the company.

***For more info on these Check out this link http://www.network-marketing-business-school.com/compensation-plan.html *****

I'm probably going to get on with the company, and I dont want to shamelessly promote it, so I'm not goingn to tell you what it is. I just want to learn how to approach attack and make money off these companies, or even provide some extra income. I'm going to start some sales techniques going door to door, which could end up being quite entertaining. I'm excited to get going and hope you'll continue to follow me and my journey.

THanks

Doing the Groundwork!

I started looking online for some jobs today and came across quite a few different opportunites. There were obviously the Get Rich Quick Schemes that kept popping up, but looking through Kijiji I actually found and called a few possible solid leads. The first one is selling a plant called the HYLA http://www.hyla-us.com/html/. I got an interview for this job on Friday and will be blogging more about it.

The second product I came across was one called CORE4. This is a brand new company based out of the US that sells a weight loss product. It's a MLM (multi-level-marketing) company and the income is solely based on commissions.

For those of you who don't know what a MLM company is, I'll give you a quick summary of what I've learned so far. Multi-level basically means that the company has a product they sell on multiple levels. These multiple levels are their sales representatives "me and you". For the sales representatives to make any money, not only do they have to sell the product directly to consumers, but sell it to other potential salespeople. By gathering a sales force directly under you, you eventually start making income off of their sales. I actually know one of these multi-level marketers personally and have a meeting with her tomorow morning!!

The third product I came across was "Prepaid Legal" http://www.prepaidlegal.com. Now I know this product is Legitamate as one of my neighbors actually sells this product as a part-time job. It's also traded on the New York Stock Exchange. From what I know so far, this is also a MLM type company, and you make your income solely based on commission. I like this product, but am unsure of market saturation, and the ability to actually sell this product in Canada. I have a meeting in Toronto on Friday with someone who's actually making a 6 figure income from this product.

The Fourth company is one called S.O.S (Southern Ontario Security). Basically from what I know, I would be going door to door selling security systems. I have an interview for this job on Monday. This may be a good way to further my sales experience and try out some different wild and crazy methods of selling to see which ones actually work.

The Fifth company/product I came across is called "GoogleMoneyMaster". This one seems like a scam as they shamelessly promote people's "supposed" success stories making $5000 a week. It does have googles name though and I'm intrigued to find out more.

Keep checking for more updates through my twitter account "SalesGuineaPig" and my blog.
I will be sitting in on a sales show tonight, and will let you know how it goes.