Network marketing is a referral-based sales business. A company will offer a product or a service and recruit others to sell it for them. Sales reps, who are independent contractors and not employees, are paid commissions for what they sell. If they recruit other reps, then they’ll also earn a portion of their sales, too.

• Some notable network marketing companies include:
  • Herbalife - The nutrition and weight management products offered through Herbalife independent consultants are very popular in India. In business since 1980, and founded by Mark Hughes, I have tremendous respect for Herbalife because of the legal battles they have fought and won, on behalf of our entire industry. They’re also one of the largest MLM Companies in the world. They’re definitely one of the best MLM Companies in India.
    • Your Weight Loss Program
    • Meal Replacement
    • Energy and Fitness
    • For Weight Management / Calorie Control
    • To Gain Weight
    • Global Nutrition Philosophy
  • Glaze Trading India Pvt. Ltd - Glaze India products are from Galway company, so people even call this company as Galway. ... In MLM company like glaze india, only 0.04% people get success which means only 40 people from 1 lakh get success.
    
    Glaze Trading India's revenue is the ranked 9th among it's top 10 competitors. The top 10 competitors average 28.9M. Glaze Trading India has 94 employees and is ranked 5th among it's top 10 competitors. glaze is a realistic company & its basic fundamentals are vary strong which is required to a Parfect MLM company.
  • Balaji Multi Services - This home-grown Indian MLM Company is gaining a large following. Using an approach of getting wholesale services, Balaji allows their independent distributors to sell these services at a profit and also build teams of distributors and get a piece of the profits they make.
  • RMP InfoTec Private Limited - RMP Infotec Private Limited was established in August 2001 with the basic idea of educating and training the common people with latest computer technologies to meet with global standards of Information Technology. RMP also offers innovative products to target various sectors of people.
  • Dewsoft Overseas - Dewsoft is a technology based MLM Company. With its headquarters in New Delhi, India, Dewsoft has different forms of software that independent representatives are able to sell.
    • Software Design & Development
    • Web Site Design, Development and Hosting
    • Dewsoft Virtual Campus
    • Interactive Training
    • Self Study Books and CDs
  • Amway - One of the largest multilevel marketing companies in the world, is very popular in India. Their large supply of nutrients, cleaners and other quality health and wellness products are accepted very well throughout India.
  • Hindustan Unilever - Hindustan Unilever is another India based MLM Company. They are headquartered in Mumbai and offer an extensive product base including:
    • food
    • water purification
    • cleaners
    • and personal care products
  • Nu Skin - Women all over the world want to have beautiful skin. So do men! Indian women are no different, and they want to make money too. As a result, Nu Skin has gained a large following in India. Nu Skin is a multi-billion dollar MLM Company, one of the top 10 largest MLM Companies in the world.
  • Barefoot Books - This is a unique MLM. People love to read, and independent representatives can sell books of many varieties. As a book author myself, I know that I get a high selling percentage from India, so no wonder Barefoot Books is doing well there.
  • Global Travel - Just like every other country in the world, people in India like to travel, and they also like to earn money. As independent travel agents, Global Travel MLM business owners can book travel for their friends and family and make commissions on those bookings.
  • K-Link - Known as K-Link Healthcare, this MLM offers a wide range of health related nutrient foods and drinks. There are also body system cleansers and much more.
  • RCM - RCM has a large catalog of various products that their independent representatives can sell for profits. RCM has become one of the leading multilevel marketing companies in India.
  • Forever Living Products - Founded in 1978, I had to put Forever Living Products on the list of the top MLM Companies in India. This company specializes in aloe vera and health and wellness products. They do business in almost every country in the world and FLP has an office in Mumbai.
  • Vestige Marketing Pvt. Ltd. - Here are a few quick facts about Vestige Marketing Pvt. Ltd.
    • Vestige Marketing Pvt. Ltd. was founded in 2004.
    • It is a leading direct selling company dealing in world class health and personal care products.
    • It has state of the art manufacturing facilities that are GMP certified.
    • It is an ISO 9001-2015 certified company.
    • Vestige Marketing has over 2,000 online and offline sales outlets in India.
    • Their motto is “spreading wealth through wellness”.

The greatest advantage of multi-level marketing is that you can build a thriving business without having to develop a product or a brand. The company provides it for you; all you need to do is sell. A well-managed firm will have systems and marketing material available to bolster your chances of success.

It’s also scalable. You can develop your business into a vast enterprise with numerous layers of recruits. If you’re willing to invest the time, eventually you can have enough sales reps on your team to walk away from it altogether. A network marketing venture can thus be an effective income producing asset. There are plenty of MLM entrepreneurs who earn six and seven-figure incomes passively.

Further, MLM is a great way to develop sales, public speaking, leadership and management skills. I often suggest it to aspiring entrepreneurs who haven’t yet decided what they want to pursue. Network marketing may not make you rich overnight, but it can teach much of what you need to know to have a successful business. You can use it as a training ground.

Lastly, a lot of people find value from the mentorship and personal develop components involved in network marketing. If you participate in MLM, you’ll join a community of like-minded others. Your peers will want to reach financial freedom, they’ll stand by their product, they’ll believe in their mission and they want to expand their skillset. That’s valuable in and of itself.

Yes – and they are plentiful. You should be aware of them before proceeding.

Scams - The MLM world is a hotbed for scams and shady characters. Companies like Business in Motion were found to be Ponzi schemes. Karatbars international, OneCoin, MMM and several others have all had run-ins with the authorities. In December 2016, Vemma paid a $238 million settlement to the US Federal Trade Commission (FTC) for non-compliance issues. I’d suggest reading sites like BehindMLM.com and ThompsonBurton.com to keep abreast of current events.

Changing regulatory framework - Trade and securities regulators have pushed network marketing companies to base their compensation models on sales commissions, rather than on recruitment. They take issue with firms who pay people to simply find others to join instead of actually selling the product (Vemma, for instance). It’s likely that regulators will continue to scrutinize the MLM industry.

Your asset can disappear - If the company folds or terminates its relationship with you, that will destroy the asset you spent years building. MLM participants are reliant on the good standing of the company. One way to hedge against that risk to is to maintain close relationships with those in your downline. They would then be more likely to come with you if you choose to switch businesses.

Network marketing can be a great career, contingent on a few factors. They include:

The effort you make - Most people become disillusioned with network marketing because they expect to make money quickly. After a few months of dismal results, they either quit or become inactive. Even worse, they often write off the experience as a scam. To be clear: MLM is a small business. Just like any other entrepreneur, you’ve got to work hard for years before you’ll see results. If that’s not an option, then network marketing (and business in general) is not right for you.

Finding the right company - There are a lot of MLM junkies; people who hop from one network marketing firm to the next. They abandon the former each time a shiny new business opportunity arises. Frequently jumping ship will preclude you from spending enough time on your venture. You’ve got to find the right firm and stick with it. As part of your due diligence, you should consider:

• • Whether the company’s product/service is good
  • What systems the company has in place to promote your success
  • The quality of the firm’s marketing Any hidden costs
  • The compensation plan (is it lucrative? Is it sales-based or recruitment-based?)

Legal or compliance issues - While researching prospective companies, you’ll probably find websites that call them scams. I’ve never seen an MLM business without bad press online. There will always be someone who says they were ripped off. In my opinion, you should base your conclusions on evidence. Sometimes, where there’s smoke there’s fire. Other times, however, people are either disgruntled or they’re trying to drive traffic to their own network marketing venture. Don’t ignore what you read online, but strive to understand the context in which it was written.

Your tolerance for volatility - Income in any business is never stable, nor is it guaranteed. As an early MLM entrepreneur, you may experience months of decent earnings followed by droughts. The business won’t produce reliable passive income for at least a few years. Such volatility can be stressful and emotionally draining, especially for those with high expenses. You should be prepared for earnings swings and manage the money you do make carefully.

How you spend your earnings - It’s common to spend your network marketing earnings on upgrades and training packages. The company will often encourage you to do so, justifying it as an “investment in yourself.” While there’s truth to that, people often go overboard. They’ll dump most of what they make right back into the firm, leaving little for themselves. Doing that too often can dry you out.

As a rule of thumb, you should try to invest in activities that will directly produce revenue. For example, if you spend $200 at a hotel to host a recruitment seminar, you might make $1,000 from it. That’s opposed to spending $200 on sales training and justifying it by saying, “Well, the skills I develop will be worth it.” Continually purchasing programs and activities that have indirect potential can be a dangerous trap.

Conclusion - Network marketing can be a good career to pursue. You can do quite well if you build a team of hard-working individuals. The passive income that can be produced is vast. It is certainly a vehicle to reach financial independence.

• Investigate companies. - Choosing the right company is key to your success. Quick and easy internet searches can usually answer many of the questions you may have. Do some research to determine which company is best for you personally. Some questions you should ask yourself when researching companies are.
  How old is the company? Is it well-established or is it just starting out?
  How are the company's sales? Are they rising or falling?
  What is the general reputation of the company? Reviews and blogs can usually give you a good idea if the company is reputable or suspicious.
• Look up CEO's and other company leaders. - Keep the same things in mind as when you investigated companies. Is the company leadership reputable and law-abiding? If company leaders have been accused of carrying out scams or have had legal trouble, you may want to avoid this company.
• Investigate the products or service the company sells. - Since you'll be responsible for pitching and selling this product, make sure it is reputable. Some MLM companies market questionable or dangerous products, and you could face legal action if you take part. You should keep the following in mind when considering a product:
  • Is this product safe?
  • Are the product's claims backed up by legitimate research?
  • Would I use this product?
  • Is this product priced fairly?
• Question your recruiter - When you've found a company you're interested in, you'll likely meet with a recruiter or another representative. Be skeptical during the recruitment process. Remember that your sponsor makes more money if you sign on, so he may not be as open with you as he could be. Don't get distracted by promises of how much money you'll make and really think about what you're about to do.
  • Ask direct and specific questions. If you find the answer too vague, ask for clarification.
  • Ask exactly what the company will expect of you- how much are you expected to sell? How many people are you expected to recruit? Are you required to take part in training programs?
• Read your contract carefully - Don't sign anything right away. Take some time to read over and understand the entire contract. You may even want to consult a lawyer or accountant to make sure you're getting a fair deal and that the company is legitimate.
• Draw up a business plan - When you have a few potential companies in mind, write out your plan for building and expanding your business. Even before you've officially aligned with a company, it helps to have this plan figured out early. Thant way you can hit the ground running when you do eventually start at a company. Keep these things in mind when designing a business plan:
  • What product or service are you intending to sell?
  • Who is your intended market?
  • How much time will you dedicate to this? Will it be a part-time commitment or are you planning on working seven days a week?
  • What is your goal? Do you want to get rich or just make some extra money?
  • Think long-term. Where will you be in five years? Ten years?
  • What is your marketing strategy? Will you make cold calls? Use the internet? Go door to door?
  • You can update or change the plan as needed, but it helps to have a guide when you're just starting out.
• Starting at a Company
• Choose the right mentor - In most MLM models, the person who recruited you becomes your mentor. That mentor will coach you through the early stages of your work. Typically, the more successful you are, the more money your mentor makes, so it is in his best interest to be there for you. In a mentor, you'd want:
  • Someone who is available if you need help.
  • Someone who you could see yourself working with.
  • Someone who will be honest with you if there's something you can do better.
• Study your products and know them well. - It's your job to sell these products, so you should dedicate yourself to knowing everything about them. You'll need to plan how you will pitch the product to potential customers, how to answer any questions or doubts they may have, and any relevant research or studies that support your product.
• Attend company meetings and training calls - These will help you make new contacts and learn new skills. You can leave them better prepared to build your business successfully.
• Build new leads - In network marketing, leads are potential customers. You'll need to keep finding new leads if you want to keep making money. There are various ways you can find new leads, and you should use multiple strategies to attract the largest market possible.
  • Social media is a cheap, easy way to generate buzz for your product. Start a page for your company on each of the major social media sites and update them all regularly. Buy advertising space online and offline. Websites and newspapers can help build awareness for your product.
  • Cold calling, though old fashioned, is still a popular method of finding potential leads.
  • Personal interaction is also useful. Always have business cards on you and be ready to talk about your company. You never know when you may come across someone who is interested in what you have to offer.
• Recruit new members. - Just like you were recruited to a network marketing company, you'll have to recruit members to your team if you want to be successful. Always be on the lookout for new prospects who you think will be valuable additions to your team. Try recruiting services like: MLMRC. Also, you'll want someone who is personable, a good salesperson, and a team player committed to cooperating with you.
• Consult professionals about your business - Remember, you are responsible for everything associated with running a business- taxes, laws, etc. It helps to have an accountant and lawyer on hand to help you manage your business in the most effective way possible.

Begin by understanding that network marketing is a business. As with every business, it takes time to build from zero to profit. The most likely scenario is that it will take you time to become profitable. Don't believe anyone telling you that it is a shortcut to riches; it isn't.

Network marketing is promoted as requiring low capital to get started. Don't get in blindly assuming that you don't need money. There are running costs: travelling, communication (telephone & Internet connectivity expenses), hiring venues for presentations, purchasing product samples if you are building in a product based company and much more. Many people fail in network marketing because of the illusion that they will be building a business without spending.

It usually takes on average from 1 year to 3 years to go full time. That is the period it takes to earn a sustainable, full time income. It could take longer. You can shorten the curve by putting in extra work in the initial stages. If you work 16, 18 hours on most days, you can get there probably in 3, 6 months.

• Tips
  • Do your research well before teaming up with a network marketing company. Look for products you can get excited about and ensure that the company is professionally managed. A mismanaged company will not give you the success you are looking for.
  • Get yourself a mentor, someone who is already getting the results you desire. If you can join a well performing team, your speed will be faster.
  • Invest in learning the skills necessary to build a network marketing business.
  • Be ready to put in the work consistently no matter what challenges you face. Stay focused and keep going.

Compounding refers to the reinvestment of earnings at the same rate of return to constantly grow the principal amount, year after year. It is a technique of making your money work harder for you and is perhaps the most powerful tool that an average investor can use to plan for many of life’s financial goals, including retirement.

Power of Compounding Example by Chess Story

There was once a poet who fell upon such hard times that he was no longer able to feed his family.

Hearing that the king greatly encouraged talent & was famed for his generosity, the poet set off for the Royal Palace. When brought before the king, he bowed low & asked that he may recite a poem. On hearing his recitation, the king, well pleased, asked him to name his reward.

The poet, pointing to a finely wrought chessboard before the king said “Your highness, if you place just one grain of rice on the first square of this chess board, & double it for every square, I will consider myself well rewarded.” “Are you sure?” asked the king, greatly surprised. “Just grains of rice, not gold?” “Yes your highness” affirmed the humble poet.

“So it shall be” ordered the king and his courtiers started placing the grain on the chess board. One grain on the first square, 2 on the second, 4 on the third, 8 on the fourth and so on. By the time they came to the 10th square they had 512 grains of rice. The number swelled to 5,24,288 grains on the 20th square. When they came to the half way mark, the 32nd square, the grain count was 214,74,83,648 – that is over 214Cr Soon the count increased to lakhs of Crores and eventually the hapless king had to hand over his entire kingdom to the clever poet. And it all began with just one grain of rice.

Moral of the story: Never underestimate the power of compounding. If you stay invested long enough, it’ll work for you. A small sum invested every month from the beginning of your work-life can lead to a very impressive amount at the time of your retirement

If You Still Don't Believe In
The Power Of Compound
Interest, You Have To See This

Invest young and the power of compound interest will make you rich. Really? Yes, really. Here's a super-simple example that will knock your socks off.

I still remember that mathematics class when I was in 8th standard… our teacher introduced a new subject- Compound Interest.

OUR TEACHER STARTED WITH A STORY TO MAKE US UNDERSTAND THE POWER OF COMPOUNDING.

Teacher: “Let’s make a deal. I will pay each one of you Rs 1 Crore upfront and in return, you will pay me 1 paisa per day which will get double next day until 31 days (one month)”

Teacher: “How many of you will make this deal?”

I remember, we had a strength of 60 students and we all 60 students raised our hand thinking foolish of our math teacher.

…..until he made us realize that 1 paisa per day and double each day till 31 days will be equal to Rs 2,14,74,836.47. This is 2.14 crore!!

How can we make use of this powerful concept and make a fortune? Now we understand that compound interest is really powerful but do we make its use in our financial investment? This is where the real value lies.

The ultimate advice is to start investing “NOW” and have “PATIENCE”.

Best way of Power of Compounding in Network Marketing for join us