A lot of MLM distributors, in fact most MLM distributors are breaking MLM compliance rules… Did you know that? You have your own business, but you're still bound by your MLM rules so you need to tread very carefully as you don't own your network marketing company.
The sad thing is that most people don't even know that they're breaking the rules and jeopardising their business, and income. Chances are that you may even be doing some of these yourself. I'd hate to see your hard work go to waste, so check out the rest of this article to learn the things that may be against your network marketing company's rules.
Know Your MLM Compliance Rules
If you've seen my content, you'll know that I'm all about personal branding, and I don't recommend branding your network marketing company. This video isn't about that though, this is more about social media. eg. Your Facebook profile name, your Facebook fan page name, Your Instagram name etc.
Many people put the name of their network marketing company right in their profile name. You've probably seen it, or maybe you've done it. eg. John Smith – Company XYZ or John Smith – Company XYZ Independent Distributor or something like that.
Now you can definitely identify as a representative for your company, I don't recommend it, but there's nothing against it; however, using the company name in your profile name is against most MLM compliance rules. Think about it, when the company name is in your profile name, it looks to people as though your views are coming from the company… I'm sure you can understand this can be a major problem.
Don't take my word for it, take a look through your network marketing company's compliance rules in your distributorship agreement and you'll probably see it. This is grounds for them to cancel your distributorship!
There's no guarantee that this will happen, but as an entrepreneur, you should be in control of your business, not leaving it up to chance whether or not you lose your income. This has happened to many people before by the way.
So it's your business, but in a way it's not. You are a distributor, and you still have to abide by their terms and conditions. I'd definitely recommend taking a look over your distributorship agreement, and even if you are allowed to use the network marketing company name, there's no harm in not using it. All it's gonna do is brand you, promote yourself as a leader, and create intrigue to get people coming to you. This will promote you as a leader, rather than just another distributor. Win-win. 🙂
In fact, when I've told some people about this, they were shocked, they didn't know that this kind of MLM compliance rule existed.
So why do I care? I provide all this free training to help you out. I would hate to see anything happen to your business and I want you to succeed, even if you're not on my team. Crazy right? 😛
Here's some prospecting tricks you can use, all without branding the company at all. Doing it this way also creates intrigue. You can access the free training here.
* Exception – Network marketing companies may sometimes make exceptions. When a distributor reaches a certain rank, some companies will allow the distributor to use the MLM company name in his or her profiles. I'd still recommend against it 😉 but I wanted to make sure you knew that there are some exceptions.
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