Things to look for in a Network Marketing Company before you get involved

Longetivity of the Company Statistics show that 90% of all start up Companies fail in the first 5 years in business. Statistics also show that 90% of the remaining 10% also fail in the next 5 years in business. This also applies to all Network Marketing companies. So before joining any Network Marketing company, it is good if the company at least has lasted more than 5 years. 10 years is even better.

Credibility of the Company The credibility of the company is very very important. You have to know and understand what kind of company you’re dealing with. Does the company have any history of taking advantage to their customers or business partners? Does the company have any history of any illegal activities? Is it legally registered? Who has the company worked with? How has the company contributed into society?

Size and Growth of the Company Knowing how big the company is, is very important. Where are the offices operating? How many offices they have? In how many countries? How many independent representatives/distributors are with the company? That’s all important. It shows how stable the company is. But an even more important question to ask is, how fast is the company growing? Growths is more important than the size. There are companies which have been in business since 1970′s and they have 7,000,000 Independent distributors and there are companies which have started in the late 90′s and they have 6,000,000 Independent distributors. Now which company should you get involved in? It’s smart to get involved with the 2nd Company.

Products The type of products the company sells is really important. Network Marketing is all about having a large group of distributors promoting and marketing a product to the market place and sharing the profits from the sale of those products. That’s how the company survives and that’s how the distributors survive. We all have to admit that not all products sell the same. When we look at most successful Network Marketing companies out there, the products they promote are in one following niche:

Health and Wellness Products (80% of all Network Marketing Companies)

Telecommunication services

Vacation

Gold and Silver numismatics and jewelery (It’s a growing trend)

Education (Self improvement, Financial education, marketing etc – a growing trend)

So it’s really important to look at which products the company has before you embark into the opportunity. It also has to be a product that you’re passionate about. Emotions are more powerful than logic. The more emotional you are to your product, the more you sell.

Compensation Plan You are into Network Marketing to make money. If the company you get involved in doesn’t pay you good money for you building the business, I seriously think you should look somewhere else. You have bills to be paid and send your children to the best schools. How many dollars can you make when one person gets involved into your Network Marketing Opportunity? $5, $10, $30, $100, $1000? I know companies which pay up to $1700 when you recruit a single person into the business. Off course he has to buy a products which is much worth more than $1700 but hey! people have money to buy expensive things. I don’t know about you, but I don’t really think it’s worth getting involved in a company where I have to recruit many people to get small amount of dollars while I can make ten times more with a single person. There’s really a small difference between selling an expensive product or a cheap product. What you really sell isn’t the product but the value the product can provide to the consumer. If the consumer sees much value to the product, even it’s $1000 product he/she would gladly want the product (a car is a good example).

Training It is said that the best business training is found in a Network Marketing Company not in an MBA. It’s only in Network Marketing where you can find a dishwasher with not even a college degree becoming a Millionaire in less than 5 years. It is really important that the company you get involved in has that training to raise you from a nobody to a somebody.

YOU This is the MOST important factor for success in Network Marketing. If YOU wanna make it BIG in Network Marketing, go look at the person in the mirror. Do you really want to do it? Do you have what it takes? Are willing to put your heart and soul into the business. The answer to all your success lies within you. Stop looking somewhere else. Only 10% of people in Network Marketing make the BIG bucks and live the life of their dreams. The rest just occupy space and complain about everything but themselves. “You can’t fly with the eagles when you’re down scratching your back with the turkeys.” You’ve got to choose either be an eagle or a turkey. You can’t be both!

Those are my 7 things you need to look at before getting involved in any Network Marketing company. Now the question still remains. Is QNet legit or another Scam? I’ll answer this question by going through my 7 points.

QNet has been in existence since 1998 (headquarters based in Hong Kong and will be relocating to Malaysia soon) so that makes the company stable and it qualifies for 10% of companies which have survived in 10+ years.

Is QNet credible? Lets see -

2000 & 2002 – Worked with Vatican making a Commemorative Coin for John Paul II – Worked with the government of Indonesia and received the endorsement of the Bung Hatta Commemorative Coin from HE Megawati Sukanoputri – The former President of Indonesia

2001 – FAO/UN appointed QNet as exclusive distributor for it’s gold coin programme to create awareness against world hunger among the public

2003 – Title sponsor for International Badminton Federation (IBF) World Cup held at Birmingham UK.

2006 – Worked with FIFA becoming the official distributors of FIFA 2006 World Cup Coin Programme and FIFA Centennial Coin Programme – Sponsored the Brazilian Soccer team in 2006 World Cup – Title sponsor for International Badminton Federation (IBF) World Cup held at Madrid, Spain.

And many many more. It’s beyond the scope of this article. This clearly shows that the company qualifies for my 2nd important thing you need to look at in a Network Marketing company.

QNet now has 6 Million Independent Representatives and has expanded to more than 180 countries worldwide. The company is just 12 years old. 6 Million in 12 years, that’s a good number. That means the growth is extremely good.

QNet promote products of wellness, telecommunication, jewelery, numismatics (gold and silver coins) and vacation. They have captured a great audience which makes their products sell like CRAZY!.

Only few companies pay BIG money. When I say BIG money I mean up to $1000 per every person you recruit. Well QNet pays from $30 to $1700 whenever you recruit a person depending on which product he/she bought. You buy a product once and you have a business for life. The only money you pay is $10 annually.

In regards to training, QNet has a sister company called The V. The purpose of the V is to nurture, support and train the whole QNet Network of 6 Million plus. They have offices in different parts of the world offering training and training materials. They own a Studio Company, V Studios which produces very powerful video trainings and they host various conventions in different parts of the world. In June this year, they hosted a Convention that had more 8000 people from 70 different countries who attended making it one of the largest business gathering ever held in Malaysia. That’s a good sign. I can assure you with such a training, you come out a different person.

YOU! Now the question is can you be successful in QNet? Do you have what it takes? Are you willing to pay the price for success. It is said even winning a lottery requires you to get out of the house to go buy the lottery ticket. You can be in the perfect company which has the perfect compensation plan, but if you don’t take that ACTION, nothing will happen. I hope by now you have the answer whether QNet is Legit or Scam. Only you can decide which answer to give yourself. I did my part. Your part is for your brain to process this and decide. Legit or Scam?

I hope this article was informative. Feel free to comment down below. Tell me what you think. QNet – Legit or Scam? If you liked this information please share it with all your friends in facebook, twitter, linkedin. Stumble the blog, Digg it, do anything with it.

I wish you luck in your journey,