Don’t ever fall into the incentives or “compensation plan” trap.
Money is important, but you can only do something for the “sake of money” for so long before your eyelashes start falling off like autumn leaves.
If on the other hand, it’s an opportunity that appeals to your “personality” and something that makes your ears flap with delight, then it might be something that you could be able to commit to big time. Nonetheless, do your due diligence first as there’re a “few” …million dishonest, front stabbing, backstabbing, sides stabbing and toe stabbing people out there who’re just out to get your money and whatever you may have in your refrigerator and “disappear”.
But after having burnt over a hundred times (for real), I have finally devised a little due-diligence checklist that helps me filter out the gold from the gallstones every time. And here it is:
1.Are there a good number of people that are earning substantial amounts of income with this opportunity (aside from the “owners” obviously)? And are they able to do that on an ongoing basis? Also, are they REAL people with teeth, eyes, ears, and Facebook accounts?
2.Has this company been in Business for a considerable amount of time (2 years at a minimum)?
3.Do they have a physical address?
4.Can you reach them without much trouble via email, chat or phone? Or do they have an army of chihuahuas hired to keep you away?
5.Do their Company Culture and Ethics appeal to you? Or do they consider it completely unethical to have “Ethics”?
6.Do they have a replicable process for you to model the success of other associates and executives?
7.Do you have direct access to an associate/executive whose been there and done? Are they happy to show the ropes for as long as it takes?
8.Would it be something you can wholeheartedly recommend to your Mom, Dad, Son, Daughter or Pet Giraffe without the risk of getting zapped by lightning on the spot?
9.Are compensations paid out on a regular basis or do you have to wait until your 120th birthday to get paid?
10.Do you see yourself being just as excited about this opportunity 5 years down the line as you are now?
If you can answer at least 9 of these questions favorably, then it’s not only an opportunity that will work for you. But it’ll also be an opportunity that you’ll be willing to sink all 32 of your teeth into and shake vigorously until it comes to fruition.
If on the other hand, you experienced a panic attack whilst answering one or more of these questions, then perhaps the allure of the opportunity might really not be worth the trouble.
