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NEW MLM - NETWORK MARKETING DUE DILLIGENCE PAGE!!!

"MLM Due Diligence DETECTIVES Investigate" Program 2008 - 2012™
SMART PERSONS MLM DUE DILIGENCE > BY Push Buttons & Brain!

BE AN MLM DETECTIVE™
MLM Detective Education Program 2012™
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  SIMPLE DUE DILIGENCE INVESTIGATIONS TO AVOID GRIEF BEFORE YOU JOIN
A "SUPPOSED" MLM or NETWORKING COMPANY!

MLM -  NETWORK MARKETING WATCH DOG WISDOM FOR MLM DUE DILLIGENCE
By Rod Cook

1. Due Diligence: DO make sure the MLM -  Network Marketing Company and its MLM -  Network Marketing distributors aren’t forcing the sale of a large(GARAGE FULL) amount of product or services.    Good MLM -  Network Marketing companies don’t  require a lot up  front when you start as an MLM -  Network Marketing Distributor.  You need products to sample yourself and to learn to sell, so not having any product purchase is a shaky deal.

Above = YOUR PERSONAL Due Diligence Criteria for the Best or Very Good MLM ?

2.  Due Diligence:  DO make sure the - Network Marketing - MLM company actually emphasizes sales to Customers as a part of the company’s marketing plan.   The company to be legal actually has to have track record of sales to Customers (that do not belong to the pay plan).   Company training should emphasize such sales in their training material.  In your computer back office or print out they should show up in your genealogy as Customers (who do not belong to the pay plan.  It is confusing but often these are called “retail sales” but they can be at wholesale prices.  It is illegal for a company to force you to sell at a specified retail market up.

Above is DUE DILigence positive For a Good or Best MLM

3.  Due Diligence: DO make sure the MLM-Network Marketing company has training that you understand.  Initial training should show you how to make retail sales to Customers (don’t belong to the pay plan) as well as sign up new MLM -  Network Marketing Distributors underneath you.  If not ship the product back ASAP (or terminate the service) and get your money back in regard to #4 below.

IF THEY DON'T DO THIS MAY NOT BE THE Best or Very Good MLM - Network Marketing Company = Great Due D!
iligence
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4.   Due Diligence DO make sure the MLM - NETWORK MARKETING  company distributor agreement (that you sign on paper or online) has a buy back policy for products/services guarantee for 90 days up to a year (best).  The buy back should return 90% of your money when you return the products.  Return of money on services should be prorated to the last day of the month used.  Ask to be shown this before you join the MLM -  Network Marketing Company

Due Diligence: IF THEY DON'T DO THIS MAY NOT BE THE Best or Very Good MLM - Network Marketing Company


5.  Due Diligence: DO be sure your MLM -  Network Marketing Distributor personal monthly maintenance (or purchase) requirement (qualification) is no more than is  “comfortable”  for a MLM -  Network Marketing distributor and his family to consume each month.  A sign of safety is if, your Retail Customer’s sales are counted as part of your monthly requirement.  Remember a Customer does not belong to the pay plan nor can they make money.

Due Dilligence will show A Comfortable amount for a beginner is $120 for Very Good MLM - Network Marketing Company
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6.   Due Diligence investigation an a MLM -  Network Marketing Company that makes earnings claims that are not fully documented as average earnings for a particular rank) within the company’s distributor ranks.  If distributor make potential “money you can earn” claims on websites  If they show big checks ouch ask about this!  Lightening is could strike in the form of Federal or State Governments!

DUE DILLIGENCE THIS MAY NOT BE THE Best or Very Good MLM - Network Marketing Company?


7.   DUE dILIGENCE DON’T join a nutritional MLM -  Network Marketing Company that makes or allows wild claims about it’s products to cure or help medical conditions.   That includes wild personal testimonies.  Run!  Lightening MAY strike in the form of Federal or State Governments!

CONSTRUCTIVE DUE DILLIGENCE! THIS MAY NOT BE THE Best or Very Good MLM - Network Marketing Company


8.   DUE DILIGENCE DON’T be in a big hurry to join an MLM -  Network Marketing Company unless you like the products or services it offers.  If money is the only reason that you are joining?  Wait a while and think it over!  Consistent top money earners are ones that love BOTH the MLM -  Network Marketing product and the MLM -  Network Marketing pay plan earnings.

9.  DUE DILIGENCE DON’T expect to get rich quick.  Any real MLM -  Network Marketing top earner will tell you it takes time and effort sometimes years to make higher end MLM -  Network Marketing earnings.

Work hard, have fun, it is easy in the Best or Very Good MLM - Network Marketing Company

10.  DUE DILIGENCE DON’T join an MLM -  Network Marketing Company unless your MLM -  Network Marketing Sponsor (the one signing you up) makes a commitment to help you with training and your first retail sales, plus your phone calls and meetings to sign up new Distributors

THE Best or Very Good MLM - Network Marketing Company Will insist they do it!'
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THE FTC DUE DILIGENCE THINGS TO WATCH OUT FOR

Mar - 2006 – You see them weekly or daily.  If it's recruiting people to sell so-called  web access kiosks, web connected ATMs. or dealing in other Internet-related  activities, consumers are being lured to the vast commercial potential of the Web by business promoters.

However, the Federal Trade Commission (FTC) says that many of these business opportunities are scams that promise more than they can possibly deliver.  Scam artists pull in innocent entrepreneurs with false promises of big $$$$ with little work. They pitch Scam Home Business Opportunities on the Web via mass spam; through TV infomercials, classified ads in your local newspaper and Opportunity magazine "advertorials"; telemarketing pitches, free seminars, and mass mailings.  YOUR EDITOR SAYS: Do you due dilgence just like you are right now wether for business opportunity or MLM - Network Marketing!

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Here are a few examples of Internet-related business opportunities identified by the Federal Trade Commission (FTC) that often pull in unsuspecting entrepreneurs.

Example 1: Selling walk-up Internet access
The Pitch: The promoter claims you can earn big money by selling machines or kiosks that provide walk-up Internet access - for a fee - in places like airports, hotels and shopping malls. The machines cost thousands of dollars, but the promoter says the cost can be recovered because the machines generate "amazing" earnings. And, the company promises to help find profitable locations for the machines.

The Problem: Rather than the high-traffic locations that the promoter promises, the buyer's machines get placed where demand for Internet access is low. As a result, a would-be entrepreneur can't possibly make the promised earnings.
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Example 2: Giving seminars/meetings on making money on the World Wide Web
The Pitch: The promoter advertises you can earn more than $150,000 as an "Internet consultant" who sponsors free seminars to teach other consumers how to make money on the Web.   MLM DUE DILIGENCE The Problem: The seminars/meetings really feature high-pressure sales pitches for the promoter's Internet yellow pages or Internet advertising. And, even though the promoter promises to provide Internet and sales training to buyers - for a fee of several thousand dollars - the buyers never get the promised training. In the end, they never earn the promised amounts.

Example 2: Providing TV access to the Web
The Pitch: The promoter promises that you can earn thousands of dollars a month by signing up people to sell devices that provide television access to the Internet.  MLM DUE DILIGENCE  The Problem: The program claims to pay you based on how many people you recruit into the program, not on their product sales. That makes the program a pyramid scheme - not a legitimate multi-level marketing plan. Pyramid schemes are illegal. Mathematically, nearly everyone who participates in them loses their money. When there are no new recruits, the pyramid collapses.

The FTC offers this MLM DUE DILIGENCE advice to all of you considering an Internet-related business opportunity:
Consider the promotion carefully. If it claims buyers can earn a certain income, then it also must give the number and percentage of previous purchasers who achieved the earnings. If an earnings claim is there - but the additional information isn't - the business opportunity seller is probably violating the law.

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MLM DUE DILIGENCEStudy the business opportunity's franchise disclosure document.Under the FTC Franchise Rule, many business opportunity promoters are required to provide this document to potential purchasers. It includes information about the company, including whether it has faced any lawsuits from purchasers or lawsuits alleging fraud. Look for a statement about previous purchasers. If the document says there have been no previous purchases but the seller offers you a list of references, be careful: the references probably are phonies.
 
MLM DUE DILIGENCEInterview each previous purchaser in person, (Ed. Note: see Due Diligence above) preferably where theirbusiness operates. The FTC requires most business opportunity promoters to give potential purchasers the names, addresses and phone numbers of at least 10 previous purchasers who live the closest to the potential purchaser. Interviewing them helps reduce the risk of being misled by phony references.

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MLM DUE DILIGENCEContact the attorney general's (ed note: see above WatchDog Library) office, state or county consumer protection agency and Better Business Bureau both where the business opportunity promoter is based and where you live to find out whether there is any record of unresolved complaints. While a complaint record may indicate questionable business practices, a lack of complaints doesn't necessarily mean that the promoter and the business opportunity don't have problems. Unscrupulous dealers often change names and locations to hide a history of complaints. 
 
If the business opportunity involves selling products from well-known companies, call the legal department of the company whose merchandise would be promoted. Find out whether the business opportunity and its promoter are affiliated with the company. Ask whether the company has ever threatened trademark action against the business opportunity promoter.
 
MLM DUE DILIGENCEMLM DUE DILIGENCEConsult an attorney, accountant or other business advisor before you put any money down or sign any papers. Entering into a business opportunity can be costly, so it's best to have an expert check out the contract first. If the promoter requires a deposit, ask your attorney to establish an escrow account where the deposit can be maintained by a third party until you make the deal.
 
MLM DUE DILIGENCE Take your time. Promoters of fraudulent business opportunities are likely to use high-pressure sales tactics to get you to buy in. If the business opportunity is legitimate, it'll still be around when you're ready to decide.

Reporting Possible Fraud
If you suspect a business opportunity promotion is fraudulent, report it to:
the state attorney general's office in the state (see the Watchdog library for AG's where you live and in the state where the business opportunity promoter is based.
your county or state consumer protection agency. Check the blue pages of the phone book under county and state government.
the Better Business Bureau in your area and the area where the promoter is based.
the FTC. File a complaint online at www.FTC.gov or call toll free 1-877-FTC-HELP (1-877-382-4357).

BE AN MLM DETECTIVE AND DO YOUR MLM NETWORK MARKETING DUE DILIGENCE
TO FIND THE BEST OR TOP MLM COMPANY


Simple MLM - Network marketing Due Dilligence: LOOK AT THEIR WEBSITE!.  First clue would be no street or city address, only an email address, no phone number.  Then look for the pictures and names of the owners of the company.  Not having these on a website is a quick absolute reason NOT to join.  Then use “http://earth.google.com/” to look at  a supposed MLM Company office.  Address = trailer house ?  Run!!!!! -   Google Maps Street view http://maps.google.com/help/maps/streetview/  Your Editor was checked out a so called "scientific expert" for a scam.  His place of business was a used car lot!

NO AUTOMATIC BANK TRANSFERS Use Credit cards only....  MLM DUE DILIGENCE = RUN FROM A COMPANY TAKING ONLY FUND TRANSFERS,  BANK WIRES, MONEY ORDERS OR CHECKS: Use your MLM Detective Investigative "BRAIN." Only use a credit card that will accept charge backs.  Returns? Honest companies allow refunds within 60-90 days.
 
A SECRET MLM DUE DILIGENCE TOOL:  Compete.com can give you Internet Web Ranking Due Diligence that on 1 out of 10,000 know about.  Grab scammersters by the throat when they come to pester you!  That big MLM Company they were pitching you on only has 800 MLM - Network Marketing Distributors visit in a month!  = MLM Sick!

WATCHOUT FOR:  An email solicits you to a "HOT" MLM, Party Plan or Network Marketing Company!
    A. Look for exclamation marks and capital letters used to lend legitimacy or urgency!  Beware of disclaimers such as “this is not a pyramid selling scheme or scam” (legitimate offers don't contain such claims). Don't believe promises of fast wealth.
    B.  If you feel, see or hear "Get Rich Quick!” Run! If it sounds too good to be true, it usually is! MLM - Network Marketing takes some work, like any good Home Based Business.

DUE DILLIGENCE FOR A LOT OF MLM - NETWORK MARKETING HYPE NUTRITIONAL PRODUCT HYPE – Raise the dead? Live 130 years? Cure Cancer (which is an illegal claim for any nutritional)!  If not a nutritional skip down to next due diligence for MLM Detectives.   Go to the U.S. Government National Institutes of Health nutritional research website PUB MED.  Go to Pub Med after you read the next two sentences! http://www.ncbi.nlm.nih.gov/sites/entrez Look up the major ingredient(s) by entering its name in the search box. ON PUBMED.   Read through the scientific studies.  Make your own judgement!

NEXT MLM DETECTIVE DUE DILLIGENGE RESEARCH:  MLM Detective "PUSHBUTTON" Go to the Better Business Bureau website for the city where the MLM-Network Marketing Company is located.  To Do MLM - Network Marketing Due Dilligence is Free!

DUE DILIGENCE RED FLAG WATCHOUT FOR:  An email solicits you to a "HOT" MLM, Party Plan or Network Marketing Company!
    A. Look for exclamation marks and capital letters used to lend legitimacy or urgency!  Beware of disclaimers such as “this is not a pyramid selling scheme or scam” (legitimate offers don't contain such claims). Don't believe promises of fast wealth.
    B.  If you feel, see or hear "Get Rich Quick!” Run! If it sounds too good to be true, it usually is! MLM - Network Marketing takes some work, like any good Home Based Business

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DUE DILLIGENCE = TAKE YOUR TIME MLM, PARTY PLANS & NETWORK MARKETING COMMON SENSE:  Don’t let the money over-excite you!  Use the products or services being sold first!  If they excite you, then look at the money.  You should try sharing and selling the products/services to test them out.  Spending some money to test a company and their offerings is a wise thing to do.

MLM DUE DILLIGENCE THE LAW! FOLLOWING RESEARCH FOR DEDICATED MLM DETECTIVES:  Check with the Attorney General in the state where the company is located.  Be very brief with your email or phone call and stick with asking, “MLM Company XXX is located in city in your state, do you have complaints against Company XXX?” A complete list of Attorney Generals is in  MLM WatchDog COMPLAINTS Library.

MLM Detective - Investigative Alerts FREE COMES WITH MLM BOOKS

DUE DILIGENCE READ THE FINE PRINT IN THE MLM CONTRACT:  MLM Detective "BRAIN." These are the Enrollment Agreement or Terms of Agreement plus Policies and Procedures.  These all together are a business contracts, enforceable in a court of law. The Distributor Rights Association says they shouldn't be over 15 pages long.  Don't sign if you don't feel comfortable about the contract.
 
DUE DILIGENCE COPY THE PAY PLAN AND ASK QUESTIONS:  Then find an expert to analyze it. 
    A.  If it only pays for signing up new people and not sales of products/services - run!
   B.   There's a copy of my MLM Compensation Pay Plans Book on Amazon.  Search for my name by author - Rod Cook. No, this is not a shameless promotion for my book. My book is the only one with big pictures, diagrams and detailed to help both the new person and expert.  MLM Watchdog ethics let me say it's a good book!  Plus my book has a whole chapter on avoiding Pyramid Schemes. 

Rod Cook
MLM WatchDog
MLM INVESTIGATIONS
MLM ADVANCED DUE DILIGENCE

PART TWO: BIG PAGE OF DUE DILIGENCE TRICKS
HOW TO EVALUATE AN MLM COMPANY TO PROSPER
MAY BE A LITTLE SLOW = BIG PAGE GOOD INFORMATION


MLM Detective - Investigative Alerts FREE

 
BE AN MLM DETECTIVE AND DO YOUR MLM NETWORK MARKETING DUE DILIGENCE

PART #2
[Back-PART #1]
What to do when
you locate a "potential" MLM Company of itnerest?

TAGS: MLM Detective Due Diligence Investigate Program 2008™ LAZY MAN'S MLM DUE DILLIGENCE >
BY Push Buttons & Brain