Big MLM Tip - Best MLM Opportuinities - Public or Private?

This is a hotly debated topic in the MLM world:

Publicly Traded or Privately Held? 

Some people believe a publicly traded company means stability. Others feel that the priority of a publicly traded company focuses more on the stock holders and keeping the stock prices high rather than placing the focus on the distributors. 

I have been in both myself, and I have many friends in each type of company. Either one you choose, be sure to read your Policies and Procedures thoroughly. 

Many companies will include a clause allowing them to terminate you without reason or warning. While publicly traded companies do this more often, in case they need to steal some checks to increase stock value, private companies will do it too. 

Some even add to that to say that, upon termination, nobody rolls up, and that becomes a company sponsored position. Imagine your largest leg disappearing suddenly. What would that do to your bottom line? 

The Policies and Procedures is your contract. Be sure you know what is in it. The Best MLM Opportunities will never include such a clause.

Big MLM Tip of the Day: Build It Once, Build It for Life

That is the promise of MLM. 

You are told that you can built it and retire and the checks will keep rolling in. 

As long as you are with a reputable company, this is the case. Sadly, there are a lot of MLM companies out there that sneak things into their policies and procedures that allow them to confiscate your check, and there is nothing you can do about it. 

It is in the contract you agreed to. Read your contract carefully. 

There are many stories of people who built huge organizations only to lose it all. Don't let this happen to you.

Big MLM Tip of the Day: Read Your Contract

Do you know what is in your contract? Do you even know where it is? 

Most people would answer no to both questions. Would you be surprised to know that most MLM companies include clauses such as being able to cancel your contract in 30 days with a written notice with or without cause? 

Some even have sponsoring requirements or minimum sales to maintain. If you do not meet the requirements, they can shut you down. 

This actually happens quite frequently. 

Once you know what these requirements are you can make a decision as to whether this is good for you. 

When reading the policies and procedures, I would suggest starting at the last section. They always save the bad stuff for the end. Bottom line, read your contract. 

I hate hearing about people who built a business only to have it ripped away from them.