Getting into a MLM Pre-Launch the Best Opportunity for success or is it?
“This is the spiciest Pre-launch MLM opportunity on the globe. Join now!”
Jumping into a new Pre-Launch MLM opportunity might make you rich, or break you financially. Take under consideration that the majority of MLM organizations go belly up in the first 2 years; you must consider it extremely cautiously. So, what are the Pros and Cons of joining a network marketing opportunity during its prelaunch phase?
Approximately all-multilevel marketing companies start in a prelaunch stage. Why do they do that? It’s to do with marketing and creating curiosity and it is also a tactic of building a distribution network, where these first distributors don’t need to pay to join. If the opportunity truly looks like it will become a winner many of the preliminary distributors may have already grown their own groups that will go with them, it’s simply a way of getting a lot of free advertising and getting some enthusiasm going.
The business model of any MLM business is designed so that the more distributors the company has the more sales it’ll make. In this pre-launch period the organization will not be making any money and its intention is to get over this unprofitable period as quickly as possible the more distributors are attracted, ultimately the more merchandise it can get out into the market.
When any business starts out it may take them several months to reach a breakeven point and to start showing a decent return on initial investment, so obviously signing up as many groups of new distributors as possible the shorter that unprofitable stage will be.
Those distributors and their groups that do join not only benefit because they didn’t have to pay a buy-in expense they also know that the new business is determined to do anything to promote the product and get it to the market as quickly as practicable.
The pre-launch MLM company can keep its operational costs as low as possible, because there is no product or distribution involved till the sales groups are set up and trained.
Sounds great doesn’t it? There may be hurricane clouds on the horizon.
The simple fact is, that 9 out of 10 MLM corporations’ fail during their first two years of being in business, so before you join the crowd and hop in, keep in the back of your mind that during those first 2 or 3 years, just like if you had joined an established business, you may put a good deal of effort into building your business and your team, and all that time you have invested will be fruitless.
On the other hand, People who have been fortunate enough to join a company during its pre-launch phase and have joined a company that has become successful, have gone on to become highly well-off.
Please don’t be in such a hurry that you fail to take a good look at the products, the training that the company offers and, the type of compensation plan they’re offering. Management of a new MLM business is vital and you have to discern whether the managerial team is experienced enough to be able to run a MLM business.
The product again is another vital factor, is it top of the line, is it something you can buy anywhere, and will you be proud to push it? Is it something that will be obsolete in only a few short months or years?
For those who are experienced in network marketing they can also have the capability to judge the company and know which factors to look for, where somebody new to network marketing may not know what to look for. If you respect your sponsor and his judgment, they ought to be able to tell you their final analysis, and you can ask questions.
It’s very tempting, if you get in during the pre-launch mlm opportunity either individually or with your own team, and the company does attain success, you and your team will become very well off.
The bottom line with any network marketing business you join is going to be how you manage your business. No matter whether a company is in prelaunch or has been around for 30 years it all comes down to you and your marketing skills. It’s your disposition that matters. If you are offered a wonderful chance to join a prelaunch company, could you be a success? Do you understand how to build your business under any circumstance?
Your success is completely in your own hands. Are you a risk taker, or would you be more relaxed with a business that is established? Either way, this is your business, and it all comes down to you to make it succeed, so it’s up to you to choose which situation you will be most comfortable in pursuing.