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What Are the Best MLM Businesses For Seniors - 3 Criteria For You to Contemplate

Guest post by: Lynn Dorman, Ph.D., J.D.

Article Overview: The myth of seniors sitting at home in their rocking chair is rapidly dissipating, as more and more seniors are becoming entrepreneurs. Today's 60 or 65-year-old is not ready to "retire." And it looks like the 65, 70, [or even 75 and older] are not retiring either - instead many are becoming entrepreneurs. No sitting at home for these active minds!

What Are the Best MLM Businesses For Seniors - 3 Criteria For You to Contemplate

The myth of seniors sitting at home in their rocking chair is rapidly dissipating, as more and more seniors are becoming entrepreneurs. Today's 60 or 65-year-old is not ready to "retire." And it looks like the 65, 70, [or even 75 and older] are not retiring either - instead many are becoming entrepreneurs. No sitting at home for these active minds!

We know that staying active and challenging one's mind with new tasks are ways to stay healthy as we age. What better way than to join a network marketing business where you are the CEO - a sure way to keep the brain cells active!

How do you decide which MLM or network marketing company to join and work with? [MLM and network marketing are used interchangeably to describe the same business model.]

There are 3 important criteria:

• You must love and use the products.
• You must like and enjoy being with the people in your network: locally, nationally and worldwide.
• There must be a good compensation plan.

These criteria of knowing, trusting and liking are the same for all ages and businesses; but as we get older we tend to want a company we can "settle into" quickly so I think they are more highly critical for seniors.

1- Loving and using the products.

When looking at a company you may want to try the products as a consumer before joining as an associate and make sure you love them. Or - you can skip this step if know and trust the person telling you about them - and you know that person uses the products.

This knowing and trusting leads into the 2nd criteria:

2- Liking, enjoying and trusting the others in your network.

Network marketing is a social activity. You have to talk with people and so it keeps one engaged socially as one ages. But it is best for your personal aging if you really enjoy spending time with those in your chosen company.

Attend a few local meetings about the company and the products to see how much you enjoy chatting with and learning from those in the room. If you do join, you too will bring people to meetings like this and many will become your good friends - so this is an important criteria.

3 - Making sure the compensation plan is a good one.

If you are going to put in your valuable time and energy - make sure you are well paid for your efforts.

There are so many variations on compensation plans; you will have to compare one with another and decide what works for you. Often independent sources rate MLM plans and you can look up that information online.

Extra caveat:

Don't fall for the "make money fast" or "get in at the beginning." Network marketing takes work and a good company will be around for a long time and it will not matter when you join.

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Article Tags: mlm businesses, myths about seniors, network marketing, seniors



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