No one starts at the top and it is the rare company that starts with millions of dollars. It is not unusual to see MLM startup companies spend hundreds of thousands, this just may not be possible for many startups with a dream. The fact is that many of today’s successful companies started at kitchen tables, in basements and garages, or even mixing their products in bathtubs, on a budget. A look at Pampered Chef, Silpada, Longaberger and even Amway will reveal very humble beginnings. It may take longer and perhaps the chances of success without proper capitalization are much lower, but it can be done. Small startups may emulate from company profiles found at www.mlmlegal.com; they may do their initial books and commissions with Quicken and they may do their printing at local fast print shops. Just hang in there. Finance is “good,” but passion and hard work can also compensate. As Neil Diamond said, “money talks, but it can’t dance and it can’t walk.”

For more encouraging words to achieve success in network marketing on a budget, visit Attorney Jeff Babener’s websites: www.mlmlegal.com and www.mlmattorney.com.

In addition, our next Starting and Running the Successful MLM Company Conference takes place October 22 and 23, 2015 in Las Vegas. View our conference flyer and speaker list online. Participate in our Innovation Campaign for your chance to receive TWO FREE TICKETS to attend our next conference.

If you’re reading this blog post and the conference dates above have passed, check our website for the current conference dates.

Visit us at www.mlmlegal.com to learn more.

There are many good aspects to the network marketing industry. Just remember to have realistic expectations

In some circles, network marketing has a bad reputation. Those who had bad experiences in the industry, or are contributors to the industry’s bad reputation, or who misunderstand how the industry works, have all contributed to the association of the word “bad” and “network marketing.” Direct selling, otherwise known as MLM, network marketing, party plan, etc. has been a proven and successful business model in the United States for more than a century. It is true that many people have exploited the business model, yet hundreds of thousands of others have made a living and supported their families by working in the direct selling industry. There are many reasons why network marketing remains a successful and proven business model in the United States:

–          One of the longest-running and proven business models in the United States is network marketing.

–          Most established MLM companies have an existing, robust infrastructure in place.

–          Many network marketing companies provide great training and support for their consultants.

–          Most consultants are empowered by companies to be successful entrepreneurs.

–          Many direct selling companies provide new and innovative products/services – such as wickless candles – at affordable prices.

–          Most companies enable the development of entrepreneurial experience at a low startup cost.

–          Many products are good for specifically selling in the network marketing business model, such as products that need demonstration.

–          Most credible direct selling companies encourage long-term dedication and success.

There are many good aspects to the network marketing industry. Just remember to have realistic expectations. Choose a reputable company to join. Take advantage of the mentorship, sponsoring and training tools that your company provides. Keep track of your business expenses and make sure to claim the tax advantages. Learn about the industry from industry-experienced people, not simply those who’ve abused the system or have had a bad experience. Read about the industry from websites that come from a non-biased viewpoint. Above all, make sure that you understand, realistically, what is reasonably expected of you of you want to be successful.

For more information on the network marketing industry visit www.mlmlegal.com and www.mlmattorney.com.

Find us on our social networks:

Google+

LinkedIn

Twitter

Facebook

Our next Starting and Running the Successful MLM Company Conference takes place May 15th & 16th, 2014 in Las Vegas. Call 503-226-6600 or 800-231-2162 to register.

Visit us at www.mlmlegal.com to learn more.