Big MLM Tip of the Day: Buying Leads is a SCAM

To put it more bluntly, buying leads is a scam, and another reason for so much MLM failure. 

These so called "targeted leads" or "pre-screened leads" are nothing of the sort. They often times come right off the list of a failed MLM company. 

More than 90% of MLM companies fail within 2 years. In an attempt to make a little extra money as the company collapses, they often sell their list of distributors to a leads company. 

Sometimes a company will gather a lot of leads from offering huge pre-launch incenties, then never actyally launch. These leads are then sold for a nice profit. 

Do you want to be chasing the same leads that hundreds of other people got from the same list or would you rather start getting people coming to YOU? 

If you really want to learn how to pull leads like a Clydesdale, then go to the Mentoring Resources page and click on the Mentoring For Free link. 

Not only does Mentoring For Free offer outstanding free training, 5 nights a week, but there is also a complete leads generating system available. 

Yes, there is a small monthly fee for the prospecting system, but two things to keep in mind. This is NOT an affiliate program. I earn nothing from your use of these tools, so you do not have to worry about any hidden agenda. 

Second, if you were to go out and get each of the services provided it would cost a small fortune to get started and anywhere from 50-80 or so dollars recurring monthly. 

Now, for under $20 a month, it’s a really good deal.

Big MLM Tip of the Day: Timing is Everything

Timing will make a big difference. Beware of new start ups and the much hyped "prelaunch" promotions.

Roughly 98%, including network marketing companies, are gone within 4 years. 

Some of the prelaunch programs you see will never be a program. They have no intention of actually having a company. They will use special incentives to get tons of people to sign up and then promote the site to get others to sign up.

Just before the launch date, they simply disappear. Now they have a very large list of all the people who have signed up and they can sell these as “targeted leads". 

This is one of the reasons why buying leads is always a rip off, but that is a tip for another day. 

On the other hand, a company that has been around 20 or more years runs the risk of flat lining, meaning that they experience very little growth. 

The biggest growth in a network marketing company is usually between years 4 and 10, but growth can remain fairly good for several more years depending on the company structure and products available. 

Do your homework on any company you are thinking of joining.