“There is no such thing as a great MLM company. Distributors are responsible for their own success… The best the company can do is stay in business.”
-John Milton Fogg, Editor of Upline Magazine
According to Corey Augenstein of Down-Line News, “over 85 percent of MLM companies go belly up in the first five years, most of them in the first 18 months.” But still, a lot of networkers keep jumping from one MLM company to another; hoping to become “pioneers” of the next big thing in the industry. They fear that stable companies already reached its saturation point in the market. Novelty is the most important factor they look for in a company.
Wave Three changed all that. The hottest companies today are those that employ technology, distributor services, and innovative management to ensure long-term growth and stability.
This new thinking is reflected in Down-Line News ranking of the top network marketing companies. Its “A list” includes old timers such as Amway, Nu Skin, and Watkins. Of the 34 top companies ranked by Down-Line News, 15 are classified as “old” or “mature” by Market Wave.
“Generally, avoid startups,” says Down-Line News Publisher Corey Augenstein. “Why pay for someone else’s learning curve?”
Source: Wave Three
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