Did you know that 20% of American adults (1 in every 5) are now or have been a direct sale consultant? Reasons people give for becoming a direct sale company include: social outlet, opportunity to purchase products at wholesale, flexible schedule, and a fun way to make some extra income. And it can be all of these things! Just be careful not to fall into some common pitfalls of new home show consultants:
#1: DO NOT NOT NOT spend more money than you earn on your business. It is not hard to find a story of someone who is in huge credit card debt from purchasing too much inventory and spending money on airline tickets and hotel stays at a confrence far away. Please don't fall into this trap!We have created this Excel spreadsheet program to be sure you do not spend more than you are earning or more than you can afford to lose! People can get in and go crazy spending money with the false hope that they will be millionaires. The company confrences are a big (and expensive) pep talk to tell you how much money you are going to make. Don't be brainwashed by them and start going into debt with the hope of eventually building your business. Start slow and build as your sales grow. You may not expect a profit in the beginning when you first start out, but you certainly should not expect a huge loss. Keep track of those expenses! Start up costs that you pay to the company should be minimal(free-$250) and the company should offer an inventory buy back (at 90% of the price you paid) if you decide to quit in the first year. If the company you are with does not offer this, BE CAREFUL!
#2: Do not spend time re-inventing the wheel. There are many resources available to direct sellers. Do not waste a lot of time coming up with hostess reward plans, party themes, game ideas, and trying to come up with ways to get your name out in the community. Also,check out our time management suggestions and be sure to spend your time where it counts..finding leads!
#3: Get in it for the right reason: to get some good deals on products you love, to enjoy getting out for home shows, and MAYBE as a side benefit to get some extra money. But, again, do not spend more than you can afford to lose.
We created our website to keep you from falling into common pitfalls and save you money. Use our templates to print invitations, business cards, and coupons from home to save you money. We will save your time with complete sample presentations and so much more, so be sure to check out our products. We have priced our products extra low to make them available for all home party consultants. We want you to be succesful, but to be responsible and not lose out in the world of MLM marketing.
Some more resources that will help you:
