When is the Right Time to Change Network Marketing Companies?
Episode description
When is the right time to change network marketing companies? Is there a right time to change network marketing companies?
It depends.
If you’ve struggled to reach your goals then likely it’s a skills and personal growth issue rather than a company issue. Switching companies isn’t the answer to your network marketing woes.
If you have reached a high level of success and achievement within your company but maybe have become unsure or uneasy about things, then this might be a valid time to have this conversation.
Here are three criteria I think everyone should consider when thinking about changing network marketing companies:
1) Is the company solvent or is there a downward trend that may lead to it closing its doors?
I have many colleagues over the years achieve massive success and build huge organizations only to have it all disappear overnight because of mismanagement from the corporate leadership.
2) Is the comp plan RELEVANT?
About ten years ago, the conversation in network marketing shifted to focus more on customer sales rather than distributor recruitment. However, comp plans didn’t adjust to actually compensate the distributors for this shift.
Only recently have network marketing companies updated their compensation plans to compensate for customer acquisition and sales. This essential comp plan update will keep companies relevant and competitive in the marketplace.
3) Is the culture changing?
It happens. If you’re fortunate enough to be with a company that’s ten years or older, then you’ll likely experience this. If the company culture shifts to something you don’t want to be a part of, you can either break off and start your own independent team culture or seek out your ideal elsewhere.
Dissatisfaction in this category ultimately results in decline in business. So create or find a culture that feels right to you.
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