MLM 500 Due Diligence
60 great questions for your upline…
How to select an opportunity!
Food For Thoughts
What is a Due Diligence? "Due Diligence is a term used for a number of concepts involving either the performance of an investigation of a business or person, or the performance of an act with a certain standard of care. A common example of due diligence in Direct Selling is the process through which a potential distributor evaluates a company."
A Due Diligence is a great way to evaluate a Direct Selling opportunity. Do you know the background of your company/opportunity? Do you have the in and outs? Top Earners are using Due Diligence sheets to qualify an opportunity. With this you seperate the "Micky Mouse opportunities" from the real opportunities.
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MLM Due Diligence Sheet
Question Nr Question Put your answer in this box
1 Holding
2 Company Name
3 CEO
4 Who owns the Company?
5 CEO leadership, do I like the CEO?
6 Company start date in country of origin
7 Company start date in Europe
8 Debt Free - (Wil you get your money?)
8a Retention Rate, how much distributors will stay active after 1 year?
9 DSA Member
10 Better Business Bureau member
11 Top distributor, the no.1 within the company
12 What does he make per month
13 My Sponsor
14 Is my sponsor a mature networker?
15 Do I like my sponsor, can I build a business with him/her?
16 (Estimated) Company Revenue 2008
17 (Estimated) Company Revenue 2009
18 (Estimated) Company Revenue 2010
19 Upline 1 (Top Earners)
20 Estimated month income
21 Upline 2 (Top Earners)
22 Estimated month income
23 Upline 3 (Top Earners)
24 Estimated month income
25 Upline 4 (Top Earners)
26 Estimated month income
27 Upline 5 (Top Earners)
28 Estimated month income
29 Upline 6 (Top Earners)
30 Estimated month income
31 Upline 7 (Top Earners)
32 Estimated month income
33 Compensation plan
34 Amount of Top Earners ( > $ 5,000 per month) identified
35 Product group I
36 Product group II
37 Momentum Rank
38 Entree Fee
39 Free registration for customers?
40 Free registration for networkers?
41 Qualification required for the main bonus
42 Qualification amount per month
43 Qualification amount per month
44 Replicated website
45 Customer support available
46 Return policy for products in place
47 How much ?
48 Do I like/need the product?
49 Does my warm market need/want the product
50 Does my warm market likes the product
51 Can I easy sell the products to the cold market
53 How is the price compared to the competition?
54 How is the product compared to the competition?
55 What does a google search say about the company
56 What does a google search say about the CEO
57 What does a google search say about the product
58 What does a google search say about the MLM opportunity
59 Do I want to get involved based on above results?
60 Can I focus on the opportunity?
