That is a question I used to ask myself when I was bashing my head against a brick wall trying to be really succeed in this business.
Even though I believed in the concept of network marketing, I began to look at it like the story of Cinderella, "Some day my Prince will come!"
Every network marketing or affiliate company I tried would prove to be a dissapointment, and I would end up back in my rags scrubbing the floors.
I couldn't take the disappointment anymore, I had resigned to the fact that, for me, success in network marketing was going to be nothing but a dream, it was all make believe.
So I pursued a career in the ordinary corporate world.
Then one day my Prince arrived with the glass slipper that would change my life. That glass slipper was a FREE e-book called "Success In 10 Steps," which was a perfect fit. Now, for me success in network marketing is no longer make believe.
Would you like to try on the glass slipper to see if it fits? Discover and experience for yourself whether success in network marketing is make believe or for real!
Wednesday, July 30, 2008
Tuesday, July 29, 2008
How to Succeed in Network Marketing
Free Mentoring for Success in Network Marketing
So, you've tried and tried, and worked and worked, and paid and paid, and called and called! I know, I've been there. I've lost a lot of money and was frustrated at my lack of success. But Network Marketing can and does work. But you have to know what you are doing, you have to learn the ropes, and you have to be with a good company, where management has the highest integrity and is looking out for you.
You want to be successful and financially free. And Network Marketing is a good way to accomplish this. But there are lots of scams out there. Or companies that are just not looking out for their reps.
Are you buying leads for hundreds or thousands of dollars each month. Trust me, buying leads does not work!! I know, I've tried it. I once spent $1,275 on leads in one month, and you know how many people I signed up? Zero!!! Yep, that's right, a big fat zero!
There is a way to make money in this business, but you have to know what you are doing, and you have to work with great people who know what they are doing, too. And nobody should charge for this information. A good mentor will mentor you for free.
So, where do you go from here? Well, you need to be educated, and you need a great mentor.
Read my FREE e-book called Success in 10 Steps and my Mentoring for Free Website.
Good luck in your future success in Network Marketing.
So, you've tried and tried, and worked and worked, and paid and paid, and called and called! I know, I've been there. I've lost a lot of money and was frustrated at my lack of success. But Network Marketing can and does work. But you have to know what you are doing, you have to learn the ropes, and you have to be with a good company, where management has the highest integrity and is looking out for you.
You want to be successful and financially free. And Network Marketing is a good way to accomplish this. But there are lots of scams out there. Or companies that are just not looking out for their reps.
Are you buying leads for hundreds or thousands of dollars each month. Trust me, buying leads does not work!! I know, I've tried it. I once spent $1,275 on leads in one month, and you know how many people I signed up? Zero!!! Yep, that's right, a big fat zero!
There is a way to make money in this business, but you have to know what you are doing, and you have to work with great people who know what they are doing, too. And nobody should charge for this information. A good mentor will mentor you for free.
So, where do you go from here? Well, you need to be educated, and you need a great mentor.
Read my FREE e-book called Success in 10 Steps and my Mentoring for Free Website.
Good luck in your future success in Network Marketing.
Monday, July 28, 2008
Protect Your Reputation!
This is from my mentor, Sarah Thompson.
We all know that we only have one reputation, right? Well Friends…once you have thrown that reputation in the toilet- It’s in the toilet!! Protect your reputation by making sure that what, and who, you are promoting are good quality things and people. This is not hard to do……It only takes a second to type someones name into the Google search box and hit the enter key on your keyboard. Everything that person has ever done, or that thing is about, will pop right up on your screen and all you have to do is take the time to read it. Isn’t it worth the time to protect your reputation and your other team members?
Once you promote something to someone and it turns out to be a fraud, there goes your Integrity! and most likely the people who you have promoted this junk to will not want to talk to you anymore. Who knows….they may be mad enough to stomp a mud-hole in your back side!
Make sure you’re not selling your reputation for that few bucks in your wallet promoting for example; an Ebook written about building a Network Marketing business by someone who has never built a business themselves! It’s a very simple thing to write an Ebook these days. Google can also be used to gather information on the subject of your choice and all you have to do is re-package someone Else’s work as your own. Just like Ann Sieg did when she compiled that little thing called “The 7 Great Lies of Network Marketing.” She’s real quick to tell you that she’s built many many downlines in a lot of companies, yet I couldn’t find one name! She’s using this Ebook as a FREE give-away to promote that cold, impersonal card service that she’s joined.
I would be insulted if someone sent me one of those things! In the time it takes to call up this company I could get out my cards, write a note in my handwriting, from my heart, put a stamp on it and drop it in the mail. My family and friends sure deserve that few minutes of my time!
On that note: If you are one of the people promoting this Ebook be forewarned that your downline could disappear right out from under you and suddenly re-appear right under WHO? Yep..that’s right, The Renegade Network Marketer herself!
Another tip…save yourself $67 if you are thinking about buying the Renegade Network Marketing system. You can get all the information in that system right off the Internet for FREE! This is the true “Modus Operandi” of Ann Sieg and how she really makes her money, not by building big solid Network Marketing businesses, but by selling you the information she’s gathered off the Internet. The chances of anyone making any money off of that system are slim to none. You’d be better off buying lottery tickets!
Good information from Sarah!
If you really want to know how to build a BIG Network Marketing business, just contact me and my team at Mentoring for Free. We’ll show you how a true professional Builds it BIG, Builds it ONCE, and Builds it to leave a legacy for their children’s children! And we’ll do it FREE! For more information read my FREE e-book, I don't charge for this information, and yet it is priceless!! If you are struggling in network marketing, reading this FREE e-book will change your life! Point to Ponder; People are not duplicatable! Systems are!
Best of luck to you in your network marketing career! --Jen Allen
We all know that we only have one reputation, right? Well Friends…once you have thrown that reputation in the toilet- It’s in the toilet!! Protect your reputation by making sure that what, and who, you are promoting are good quality things and people. This is not hard to do……It only takes a second to type someones name into the Google search box and hit the enter key on your keyboard. Everything that person has ever done, or that thing is about, will pop right up on your screen and all you have to do is take the time to read it. Isn’t it worth the time to protect your reputation and your other team members?
Once you promote something to someone and it turns out to be a fraud, there goes your Integrity! and most likely the people who you have promoted this junk to will not want to talk to you anymore. Who knows….they may be mad enough to stomp a mud-hole in your back side!
Make sure you’re not selling your reputation for that few bucks in your wallet promoting for example; an Ebook written about building a Network Marketing business by someone who has never built a business themselves! It’s a very simple thing to write an Ebook these days. Google can also be used to gather information on the subject of your choice and all you have to do is re-package someone Else’s work as your own. Just like Ann Sieg did when she compiled that little thing called “The 7 Great Lies of Network Marketing.” She’s real quick to tell you that she’s built many many downlines in a lot of companies, yet I couldn’t find one name! She’s using this Ebook as a FREE give-away to promote that cold, impersonal card service that she’s joined.
I would be insulted if someone sent me one of those things! In the time it takes to call up this company I could get out my cards, write a note in my handwriting, from my heart, put a stamp on it and drop it in the mail. My family and friends sure deserve that few minutes of my time!
On that note: If you are one of the people promoting this Ebook be forewarned that your downline could disappear right out from under you and suddenly re-appear right under WHO? Yep..that’s right, The Renegade Network Marketer herself!
Another tip…save yourself $67 if you are thinking about buying the Renegade Network Marketing system. You can get all the information in that system right off the Internet for FREE! This is the true “Modus Operandi” of Ann Sieg and how she really makes her money, not by building big solid Network Marketing businesses, but by selling you the information she’s gathered off the Internet. The chances of anyone making any money off of that system are slim to none. You’d be better off buying lottery tickets!
Good information from Sarah!
If you really want to know how to build a BIG Network Marketing business, just contact me and my team at Mentoring for Free. We’ll show you how a true professional Builds it BIG, Builds it ONCE, and Builds it to leave a legacy for their children’s children! And we’ll do it FREE! For more information read my FREE e-book, I don't charge for this information, and yet it is priceless!! If you are struggling in network marketing, reading this FREE e-book will change your life! Point to Ponder; People are not duplicatable! Systems are!
Best of luck to you in your network marketing career! --Jen Allen
Sunday, July 27, 2008
Life Is too Short!
A woman was taking a walk with her dog one day when she suddenly realized that both she and her dog were dead. She kept walking down the road, and saw a beautiful clearing, lush forest, a mother-of-pearl gate, and a solid gold pathway. She went up to the man at the gate and asked what this place was. The man at the gate said "this is heaven," so the woman said "can I please have some water." The man at the gate said "of course, I'll send for some ice water right away." the woman said, "can I bring my friend in too?" gesturing toward her dog. But the man at the gate said, "no, I'm sorry, but we don't allow pets."
So the woman thought a moment, and then kept on walking. She came upon another clearing, a farm, with a brick pathway and an iron gate. A man was standing at the gate, so the woman said "can I have some water, please." The man at the gate said "of course." The woman said, "can I bring in my friend, too," gesturing toward the dog. And the man said "yes, of course." And so the woman and her dog entered the farm and drank a lot of the freash, clean water.
The woman then asked the man at the gate, "what is this place?" The man replied, "this is heaven." The woman said, "well, that is is confusing, the man at the place down the road said that his place was heaven." The man at the gate then said "oh, you mean the place with the gold path and mother-of-pearl gate?" And she said "yes, that's the place," and the man said "no, that's hell." So, the woman said "doesn't that make you mad that they are using the name heaven for their place too." And the man said "oh no, we're just happy that they screen out the folks who would leave their best friends behind!"
Friends, life is too darn short! Download this free e-book to learn how to live life to the fullest!!!
So the woman thought a moment, and then kept on walking. She came upon another clearing, a farm, with a brick pathway and an iron gate. A man was standing at the gate, so the woman said "can I have some water, please." The man at the gate said "of course." The woman said, "can I bring in my friend, too," gesturing toward the dog. And the man said "yes, of course." And so the woman and her dog entered the farm and drank a lot of the freash, clean water.
The woman then asked the man at the gate, "what is this place?" The man replied, "this is heaven." The woman said, "well, that is is confusing, the man at the place down the road said that his place was heaven." The man at the gate then said "oh, you mean the place with the gold path and mother-of-pearl gate?" And she said "yes, that's the place," and the man said "no, that's hell." So, the woman said "doesn't that make you mad that they are using the name heaven for their place too." And the man said "oh no, we're just happy that they screen out the folks who would leave their best friends behind!"
Friends, life is too darn short! Download this free e-book to learn how to live life to the fullest!!!
Friday, July 25, 2008
Timing Is everything!
When to Join the Company:
Many reasons can cause a business to fail. And some of them are out of your reach, but mistakes can be avoided with good solid research. The timing of when to join a company can be the determining factor of whether or not your business succeeds.
Research it! Do the Homework:
If you are in the network marketing industry, and not doing as well as you had hoped, did it ever occur to you that the problem could be picking the wrong time to join a particular company? If that's the case, you could be the best sales person in the world, but still not succeed.
If you have joined a brand new company that is trying to find it's place in the network marketing world, it might not work out. Many new companies fail within the fisrt year or two.
When the timing is right, NON-Network marketers will take your product to the marketplace. The timing means NOW. Not 5 years earlier. Not 5 years later. Millionaires have been made in this industry just because of timing alone. Nothing else.
So how can you gauge the timing?
This free e-book explains that it's not easy, but there are some tips:
1. You'll waste a lot of time, money, and energy getting in too early, because a large percentage of these companies fail in the first year or two.
2. You'll waste a lot of time, money, and energy getting in too late. If the company is a household name, its momentum growth period occurred years ago. You're fighting a real uphill battle to start out in companies like this.
3.You want to get in AFTER a company has proven it has staying power (maybe 3-5 years), but BEFORE its momentum growth period is over (in general, the time it takes a company to go from $100 million to $500 million a year). If you can find a company like this (and one that also has the other parts of a proven formula in place, which you can read more about that on my blog), a little bit of work will give you the chance to really succeed and make money.
If you want to research more information about truly succeeding in network marketing, read this free e-book and you'll get a complete picture of how to avoid all traps and pitfalls in this lucrative industry.
Many reasons can cause a business to fail. And some of them are out of your reach, but mistakes can be avoided with good solid research. The timing of when to join a company can be the determining factor of whether or not your business succeeds.
Research it! Do the Homework:
If you are in the network marketing industry, and not doing as well as you had hoped, did it ever occur to you that the problem could be picking the wrong time to join a particular company? If that's the case, you could be the best sales person in the world, but still not succeed.
If you have joined a brand new company that is trying to find it's place in the network marketing world, it might not work out. Many new companies fail within the fisrt year or two.
When the timing is right, NON-Network marketers will take your product to the marketplace. The timing means NOW. Not 5 years earlier. Not 5 years later. Millionaires have been made in this industry just because of timing alone. Nothing else.
So how can you gauge the timing?
This free e-book explains that it's not easy, but there are some tips:
1. You'll waste a lot of time, money, and energy getting in too early, because a large percentage of these companies fail in the first year or two.
2. You'll waste a lot of time, money, and energy getting in too late. If the company is a household name, its momentum growth period occurred years ago. You're fighting a real uphill battle to start out in companies like this.
3.You want to get in AFTER a company has proven it has staying power (maybe 3-5 years), but BEFORE its momentum growth period is over (in general, the time it takes a company to go from $100 million to $500 million a year). If you can find a company like this (and one that also has the other parts of a proven formula in place, which you can read more about that on my blog), a little bit of work will give you the chance to really succeed and make money.
If you want to research more information about truly succeeding in network marketing, read this free e-book and you'll get a complete picture of how to avoid all traps and pitfalls in this lucrative industry.
Thursday, July 24, 2008
Why You Need a Duplicateable System to Succeed in Network Marketing
Without a duplicateable system in network marketing, it is like building a house without a good solid foundation. Eventually the house will collapse. The same thing will happen when building your business. When laying the foundation of a house, it must be deep and solid according to the size and the structure. Therefore, in network marketing, the system, too, must be structured and organized in such a way that it can be duplicated all the way down through the levels of your team. No matter what the level of expertise your team members have.
This strengthens the core structure of your organization when the duplicateable system is in place. New team members are able to quickly establish themselves and then build their own teams in the same way.
Duplicateable systems must have a strong ongoing support and ongoing training structure and must be suitable for anyone to follow including part-timers, as most people who start out in network marketing build their business alongside their full-time jobs.
You will also find that the retention rate for staying in the business will be much higher. This way more people on the team will succeed.
Network marketing is not for the loners because you cannot duplicate people but you can duplicate systems.
Many people have failed in their home businesses because their system is not duplicateable all the way through the lines, and then they believe it is their fault. But this is very often not the case! The true concept of network marketing is to be able to create an income for yourself by building a strong team. So in order for that to happen it has to be organized into some kind of duplicateable system where each individual will receive the ongoing training and support they need to build their own strong solid duplicateable system.
Read this free e-book to learn more!
This strengthens the core structure of your organization when the duplicateable system is in place. New team members are able to quickly establish themselves and then build their own teams in the same way.
Duplicateable systems must have a strong ongoing support and ongoing training structure and must be suitable for anyone to follow including part-timers, as most people who start out in network marketing build their business alongside their full-time jobs.
You will also find that the retention rate for staying in the business will be much higher. This way more people on the team will succeed.
Network marketing is not for the loners because you cannot duplicate people but you can duplicate systems.
Many people have failed in their home businesses because their system is not duplicateable all the way through the lines, and then they believe it is their fault. But this is very often not the case! The true concept of network marketing is to be able to create an income for yourself by building a strong team. So in order for that to happen it has to be organized into some kind of duplicateable system where each individual will receive the ongoing training and support they need to build their own strong solid duplicateable system.
Read this free e-book to learn more!
Tuesday, July 22, 2008
Don't Buy Leads, Create Your Own!
Creating free home based business leads is no longer a mystery or a problem for me nor should it be for you. Before I learned how to create my own free home based business leads, I purchased leads for thousands of dollars to help advertise my home-based network marketing business. I got a lot of wrong numbers, a lot of people who really were not interested, and I did not get any customers.
I am telling you this so you can see that I have first hand knowledge that purchased leads are usually stale or non-responsive, two reasons why buying leads doesn't work. But the main reason buying leads doesn't work is that buying leads can not be duplicated by most of the people out there. It is too expensive and it does not work. Even if you can afford to purchase leads, most people, especially those just starting out in business can't or won't. In network marketing, you must be able to duplicate your actions to be successful.
But if you need leads to help your business grow, how do you create your own free leads?
If you want your business to grow, fresh leads are a must!
To create free fresh, responsive leads, follow a tested, proven, success system that brings only the most qualified, truly interested people into your group. The system must have the following four elements: lead generation, prospect follow-up, sponsoring and training your reps to do the same.
If a system has already proven that you can generate fresh, responsive, qualified leads then why reinvent the wheel? Why not follow the leader? The right system at the right time can save you from countless mistakes and years of hard work. If people experience success duplicating your efforts, they will stay with you for life and you'll only have to build your business once. And you'll be able to build it large because you won't have to keep replacing those who quit for lack of results. If you don't have a proven system that can be duplicated and you want to save yourself from countless mistakes and years of frustration, you can get on the right road today with a system that has already been tested and proven.
So you already have a proven system? Proven by whom? Most probably proven by the super duper sales person. Proven by the heavy hitter who is great at recruiting. Over 90% of people hate pushy, aggressive salespeople and they do not have the talent, skills or desire to be salespeople themselves. Most so-called proven systems only work for the 10% - those with the natural talent for sales/recruiting or those who desire to learn the skills to become salespeople.
Thus, even though their efforts may be duplicateable, they are not duplicareable for the masses. This network marketing industry is about a lot of average people doing a little not a few talented people doing a lot. Not to mention, network marketing is not a sales, recruiting business. It is a people-helping-people business -- a relationship-building industry. If our foremost efforts are to help others succeed, we will succeed in the process.
This system is absolutely FREE. Prove it for yourself. You have nothing to lose. Read this free e-book to learn more about the industry and how to do it right.
Best of luck to your network marketing success!
I am telling you this so you can see that I have first hand knowledge that purchased leads are usually stale or non-responsive, two reasons why buying leads doesn't work. But the main reason buying leads doesn't work is that buying leads can not be duplicated by most of the people out there. It is too expensive and it does not work. Even if you can afford to purchase leads, most people, especially those just starting out in business can't or won't. In network marketing, you must be able to duplicate your actions to be successful.
But if you need leads to help your business grow, how do you create your own free leads?
If you want your business to grow, fresh leads are a must!
To create free fresh, responsive leads, follow a tested, proven, success system that brings only the most qualified, truly interested people into your group. The system must have the following four elements: lead generation, prospect follow-up, sponsoring and training your reps to do the same.
If a system has already proven that you can generate fresh, responsive, qualified leads then why reinvent the wheel? Why not follow the leader? The right system at the right time can save you from countless mistakes and years of hard work. If people experience success duplicating your efforts, they will stay with you for life and you'll only have to build your business once. And you'll be able to build it large because you won't have to keep replacing those who quit for lack of results. If you don't have a proven system that can be duplicated and you want to save yourself from countless mistakes and years of frustration, you can get on the right road today with a system that has already been tested and proven.
So you already have a proven system? Proven by whom? Most probably proven by the super duper sales person. Proven by the heavy hitter who is great at recruiting. Over 90% of people hate pushy, aggressive salespeople and they do not have the talent, skills or desire to be salespeople themselves. Most so-called proven systems only work for the 10% - those with the natural talent for sales/recruiting or those who desire to learn the skills to become salespeople.
Thus, even though their efforts may be duplicateable, they are not duplicareable for the masses. This network marketing industry is about a lot of average people doing a little not a few talented people doing a lot. Not to mention, network marketing is not a sales, recruiting business. It is a people-helping-people business -- a relationship-building industry. If our foremost efforts are to help others succeed, we will succeed in the process.
This system is absolutely FREE. Prove it for yourself. You have nothing to lose. Read this free e-book to learn more about the industry and how to do it right.
Best of luck to your network marketing success!
Tuesday, July 15, 2008
What Is Your Plan?
Do you want to get out of debt? Want to save up for early retirement? Maybe your are retired now or disabled and want to earn money from home to live on and do some things that you have wanted to do in life. How do you plan on reaching your goals? We have a plan, and we will help you for free.
Here at Mentoring For Free we teach people (for FREE) on how to be successful at earning money online. Did you know that 97% of network marketers fail? This failure rate is not their fault and if you are one of the 97%, then it’s not your fault either. In our training we tell you why it is not you fault.
We will also teach you how to properly build your business. Topics like how to advertise effetively online, how to talk to your propects and how to build your business to last are some of the topics that we train on. If you dont have a business yet, then we can teach you how to evaluate companies that you may be interested in, to see if they will work or not. Many of these companies are designed not to pay the part time distributor. Some of them have pretty nasty small print that you may not be aware of.
Once you have a company we will help actually continue to work with you, to help you build it up and work out the kinks along the way.
All of this training is great, yes it is, but the cherry on top is that we are having fun helping people get to where they want to be in life, so if you want to join in on the fun of becoming a successful network marketer with us then, come on in , the waters fine.What you will do now to get closer to reaching your goals is to download this free e-book. http://jenniferallen.successin10steps.com/indexSTS.php?u=jenniferallen
This e-book will give you a basic understanding of what we are all about here.
Here at Mentoring For Free we teach people (for FREE) on how to be successful at earning money online. Did you know that 97% of network marketers fail? This failure rate is not their fault and if you are one of the 97%, then it’s not your fault either. In our training we tell you why it is not you fault.
We will also teach you how to properly build your business. Topics like how to advertise effetively online, how to talk to your propects and how to build your business to last are some of the topics that we train on. If you dont have a business yet, then we can teach you how to evaluate companies that you may be interested in, to see if they will work or not. Many of these companies are designed not to pay the part time distributor. Some of them have pretty nasty small print that you may not be aware of.
Once you have a company we will help actually continue to work with you, to help you build it up and work out the kinks along the way.
All of this training is great, yes it is, but the cherry on top is that we are having fun helping people get to where they want to be in life, so if you want to join in on the fun of becoming a successful network marketer with us then, come on in , the waters fine.What you will do now to get closer to reaching your goals is to download this free e-book. http://jenniferallen.successin10steps.com/indexSTS.php?u=jenniferallen
This e-book will give you a basic understanding of what we are all about here.
Monday, July 14, 2008
How Your Network Marketing Compensation Plan Works
This great article from my friends Sarah Thompson and Tina Gregory has very useful information about compensation plans.
Want some insight into figuring out how your MLM company is paying you? These are some general but, Oh So important questions to ask, and get answers to about YOUR money!
Is Your Compensation plan set up for recruiting or retail sales? If Your plan is focused on recruiting you’re just building a paycheck, you’ll get no residual income from recruiting and you’ll never be able to retire….Isn’t that what we’re doing this for? Your plan should be focused on retail sales.
How many people do you need in your organization to make your desired amount of income per month? Ask yourself…How much do you make per distributor? per spot? and divide that into your desired monthly income. That will tell you how many people you need to make that amount of money each month. Then ask yourself….Is this do-able for me? and how long will it take me?
You just may be surprised at the answers you get!
How is the money transferred? Does your new distributor send YOU the check, then You take your share and send the rest to the company? Can you only pay with cash? a money order? or a check? If You’re taking the money then, taking your share and sending the rest to the company, who owes who the 1099 tax form at the end of the year? That company is only going to claim the amount of money that they received. If Your company does not accept credit cards ,they have NO merchant account! Why?
What product is your company promoting? If Your company has NO product ,or NO retail sales, then you are in an illegal pyramid scheme. This company will eventually get shut down and all the time, hard work and money that you have invested will be gone forever!
Ask Yourself, would I buy this product with no business opportunity attached to it? Did you know that 72-74% of a downline are product users only! Not everybody wants in on your
business!
Have you done a search on Ebay for your companies product? What’s it selling for? If I can go to Ebay and buy your product for $2 a bottle and you’re trying to sell it to me for $19.95, which one do you think I’m going to buy? Also….If there is an over abundance of your companies product for sell on Ebay I would want to know why?
Is your company Publicly Traded? Publicly traded companies have a high overhead, the higher the overhead the less you will be paid! The cost of maintaining the fancy building, the vehicle fleet, and the CEO’s extravagant vacations 4 times a year will continue to rise and the Compensation plan will continue to be adjusted taking money from YOU, the distributor, each and every time.
Does your Compensation plan pay part-timers? This is important because when we first start our business it is often necessary to keep our full time employment until we are established and making money. The only time we have left is “part time” to work on our business. If the Compensation plan is designed to pay part timers then we will be in profit much sooner and able to own our own lives…..Isn’t that what we’re doing this for?
In summary,
People, take a good long look at the compensation plan before you join any company, get the answers to these questions and make an educated decision on if you really want to join this company and if You will ever be able to make any money with it. The answers are easy to find, you can get a great start in this FREE ebook:
http://JenniferAllen.successin10steps.com/?mad=21047
Want some insight into figuring out how your MLM company is paying you? These are some general but, Oh So important questions to ask, and get answers to about YOUR money!
Is Your Compensation plan set up for recruiting or retail sales? If Your plan is focused on recruiting you’re just building a paycheck, you’ll get no residual income from recruiting and you’ll never be able to retire….Isn’t that what we’re doing this for? Your plan should be focused on retail sales.
How many people do you need in your organization to make your desired amount of income per month? Ask yourself…How much do you make per distributor? per spot? and divide that into your desired monthly income. That will tell you how many people you need to make that amount of money each month. Then ask yourself….Is this do-able for me? and how long will it take me?
You just may be surprised at the answers you get!
How is the money transferred? Does your new distributor send YOU the check, then You take your share and send the rest to the company? Can you only pay with cash? a money order? or a check? If You’re taking the money then, taking your share and sending the rest to the company, who owes who the 1099 tax form at the end of the year? That company is only going to claim the amount of money that they received. If Your company does not accept credit cards ,they have NO merchant account! Why?
What product is your company promoting? If Your company has NO product ,or NO retail sales, then you are in an illegal pyramid scheme. This company will eventually get shut down and all the time, hard work and money that you have invested will be gone forever!
Ask Yourself, would I buy this product with no business opportunity attached to it? Did you know that 72-74% of a downline are product users only! Not everybody wants in on your
business!
Have you done a search on Ebay for your companies product? What’s it selling for? If I can go to Ebay and buy your product for $2 a bottle and you’re trying to sell it to me for $19.95, which one do you think I’m going to buy? Also….If there is an over abundance of your companies product for sell on Ebay I would want to know why?
Is your company Publicly Traded? Publicly traded companies have a high overhead, the higher the overhead the less you will be paid! The cost of maintaining the fancy building, the vehicle fleet, and the CEO’s extravagant vacations 4 times a year will continue to rise and the Compensation plan will continue to be adjusted taking money from YOU, the distributor, each and every time.
Does your Compensation plan pay part-timers? This is important because when we first start our business it is often necessary to keep our full time employment until we are established and making money. The only time we have left is “part time” to work on our business. If the Compensation plan is designed to pay part timers then we will be in profit much sooner and able to own our own lives…..Isn’t that what we’re doing this for?
In summary,
People, take a good long look at the compensation plan before you join any company, get the answers to these questions and make an educated decision on if you really want to join this company and if You will ever be able to make any money with it. The answers are easy to find, you can get a great start in this FREE ebook:
http://JenniferAllen.successin10steps.com/?mad=21047
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