1. Thou Shall Have Quality Products
This cannot be over emphasized. The core of a good network marketing business is the products that they have. Innovative, quality products speak of the credibility of the company-and you as a business owner. A good network marketing business must have a good place to source their products preferably a vertical integration of their products. This can make such a business be a market leader with a proven track record of success in terms of products.
2. There Shall Be No Pass-Ups
Nobody in your down line should ever be promoted above you as long as you are doing good business. As soon as you get into business clone your yourself in your down lines as soon as you can. A promotion for them should be a promotion for you too.
3. There Shall Be No Demotions
A juicy network marketing company should have a good marketing plan which allows you to relax if you need to without worrying about being demoted for inactivity. Once you cross a particular level you have crossed it for good.
4. There Shall Be Un-capped Income
The compensation plan of a juicy network marketing business must have multiple streams of guaranteed income from different areas of the business which should lead to residual income. And also, they may have an icing on the cake that should make the compensation plan mouth watery like will-able income.
5. There Shall Be Bonuses Paid on Retail Prices
The joker in this type of business is bonuses being paid on retail pricing. What this means is in simple terms is that you make more money as the Business Owner. Note: Bonuses paid on wholesale pricing is a red flag.
6. There Shall Be Proven Financial Stability
Steady growth is a strong indicator of a successful future. Audited records of the financial status should be made public for review. Review growth charts and sales figures for the entire life of the company and get experts to interpret areas you don’t understand.
7. There Shall Be Business Longevity
Look for a company with at least a 10-year track record of growth and strong management. This is a good indication of a going concern and not a flash in the pan type of business. There are many out there who have been in business and weathered the storm. A good suggestion is at the end of this article.
8. There Shall Be Consumable Products
An active customer base is critical to a successful network marketing business. This can only be built with quality consumable products. Also this helps with quick turnover and you can grow your net worth easily and recoup investment once your customer base increases.
9. There Shall Be Extensive Support Network
A juicy network marketing business should have a good support system to help your business growth. Your success represents the success of the company. A business that seriously promotes this will offer excellent training, seminars, incentives, and a support center amongst other things.
10. There Shall Be International Presence
A business with an international presence in a lot of locations shows a diverse business which demonstrates stability, growth, and ample industry experience.