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Common Pitfalls that Prevent Profitability in Direct Selling Start Ups

June 25, 2019 by Strategic Choice Partners Leave a Comment

Common Pitfalls that Prevent Profitability in Direct Selling Start Ups

I would like to share a number of common pitfalls that prevent profitability in direct selling start ups. This comes from years of experience working with companies that have contacted me many times after making mistakes like these and then asking me to help them correct these issues.   1. Lack of Direct Selling Expertise Many founders have started their ventures with only cursory experience in the industry. They have seen or heard of successes in this industry of companies … [Read more...]

Filed Under: Business Development, Startup Tagged With: avoid mistakes, good cost multiple, how to start a direct selling company, network marketing, pitfalls, profitability, startup, successful, what no to do when starting a direct selling company

The Importance of Having a Plan in Any Direct Selling Company

February 9, 2017 by Strategic Choice Partners Leave a Comment

I have been working in this amazing industry for nearly 20 years. I have held the posts of Chief Financial Officer, Chief Operating Officer and Chief Executive Officer, in addition, I have had the opportunity to serve as a consultant to many companies in the industry. I have seen how this model can grow rapidly and in the process change the lives of so many people who are willing to take advantage of a lucrative business opportunity and provide products and services to their friends and family … [Read more...]

Filed Under: Strategy Tagged With: capital, compensation, dan murphy, direct selling, KPI, learn, lucrative, plan, planning, profit, successful

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