Should you join multiple or promote MLM Companies at the same time? That’s a question that one of my website visitors asked me today and I thought it would make a great blog post.
Generally speaking, and in probably 99.99% of the cases, I DO NOT recommend joining more than one network marketing company at a time, AS A BUSINESS BUILDER. On the other hand, joining several companies as a retail customer or wholesale buyer is something completely different and is perfectly fine. It makes sense to support the industry.
Let’s be real with you for a moment; building one SUCCESSFUL network marketing business is time consuming and hard work. It takes focus, discipline, commitment and YEARS to do. Building two or more companies at a time is next to impossible to do for most people.
I personally think it’s much better to invest 100% of your focus and efforts into one business opportunity. I can speak from personal experience and tell you that when you try and do too many things at once, you aren’t anywhere near as productive as you would be if you just focused on one thing.
As I see it, it’s easier to earn $3k per month in one company than it is to earn $1500 per month in two separate companies.
For example, I now own two large websites. At one time I had four large websites. Knowing what I know now, I would have only done ONE website and focused 100% of my time on that. Because I have multiple websites, I have to split my time up between them. Even though I’ve gotten good results with each one of my websites, I would have done much better if I only had one to focus on. Does that make sense?
Another problem with joining multiple MLM Companies is that most prospects won’t take you as seriously. I personally would never partner up with someone building several different MLM Businesses at once. After all, if the company they are trying to sell me on isn’t good enough for them to do it exclusively, why would I join it?
When you promote multiple companies, you also lose some of your credibility. It’s really hard to get people to take you seriously. Many of your prospects will ask you why you don’t just do one company.
Promoting multiple companies at once also confuses your downline. They see you doing two companies so they think they can do the same thing. Here’s what happens. You promote companies A and B. Your newest distributor joins you in company B and then also joins company C. Your other team members in company A join company D. This keeps happening throughout your organization. Before you know it you have hundreds of distributors in hundreds of different companies and you earn NOTHING from their efforts.
Another problem with promoting more than one MLM Company is that it’s actually prohibited and typically not allowed (in many companies). Read almost any distributor agreement and you will quickly discover a non-compete clause which prohibits you from promoting several different MLM Companies at once. Or, they prevent you from joining a company with similar products. Some companies allow it, but most don’t.
And whatever you do, cross-recruiting people from one of your companies into another company is always prohibited.
If the parent company finds out you are in multiple opportunities, or cross-recruiting, they can they will more than likely terminate your distributorship. So, if you are still thinking about joining more than one network marketing company, make sure you read the distributor agreement or talk to a lawyer first. Educate yourself so you don’t get yourself in legal trouble.
Exceptions to the Rule
There are three exceptions to this rule that I should address.
The first reason to promote several MLM Companies at the same time would be if you were NOT recruiting anyone, but you were just retailing products. In this example, it might make sense to have several different product lines to offer your retail customers. I personally wouldn’t see a problem with doing that.
The second example would be if you have a large online presence. Maybe you own several email lists or several successful websites in different niches and you want to have specific product lines to promote to your audience. For instance, if you have a blog about coffee and one about weight loss, I could justify being in a coffee and weight loss MLM Company at the same time.
The final example would be if your current MLM Company does not let you build an international business! In that case, it would make sense to switch companies or join a second company. Let’s face it, we live in a global economy with nearly 7 billion people. If you are limited to only one or two countries you are really missing out.
Once again, these are the only three exceptions that I can think of.
Here’s the bottom line. Find one good company and sell out to it! Don’t try to do so many opportunities at once that you dilute your efforts and overwhelm yourself. It’s much easier to build one successful business than it is to go out and try to build two, three or four successful businesses at the same time.
Of course, this is just my opinion. I don’t expect you to agree with me on this one, but I would love to hear what you think about this subject. Should people join and promote multiple MLM Opportunities at once? Leave a comment below and let me know what you think.