Archive for April, 2007
The MLM business can easily double or triple your cash. Provided that you do not fall first in either one of the common mistakes done by error-prone MLM business producers and distributors.
1. Avoid MLM business groups that offer commission-based compensation among distributors. There is a big possibility that it is an illegal pyramid.
The act of alluring people or business finders to enter an MLM business group has been an ordinary day-to-day street transaction among business-minded people. There are those people who will explain first the benefits that you can get from their group.
But the reality is that they will just reverse what they had said. Believe me, it may not always be the case but beware still. The only assurance you got here is your having a job. But your assurance of getting paid evenly or squarely is diminishing. You can be paid still, but until when?
2. Avoid MLM business groups that oblige the new distributors to buy expensive products or any materials that the group offers. This might be another sign of potential danger.
It always pays to be nice. But some nice people are sometimes not at all nice. It is not always the case.
The truth behind is that there are pyramid groups that force their newly entered distributors to purchase the expensive products or materials. Fake pyramid groups always have at the back of their minds the amount they could get. Sometimes it turns to be something from nothing.
Take this friendly advice; find ways to quit that group.
3. Do not heed what the pyramid promoter is promising that you can have more money through continued help in recruiting more distributors.
This is another clear sign of your being a victim of illegal MLM business. The bottom line here is work with just compensation. They might just be using you for their personal interest.
4. Some distributors do not give enough time or attention to their MLM business.
This is important. Some people are joining the group half-heartedly. But take note, it will count days or months to build an elevating career in MLM.
5. Some MLM operators take the business reluctantly as if its status will not able to decline in time.
Each member of the MLM business group must work hand-in-hand to sustain the set objectives of the group. This practice is not just recommended. It is a must to follow. But doing the otherwise will lead the path towards business failure.
6. Not realizing why you are operating the MLM business.
You may realize suddenly that you do not have a definite target or objective in your business. It might be a reality that some are born as invalid plan setter.
Early from the birth of your MLM business, you should have already realized the reasons why you are driving the business. Recovery from money problems of the business is not like counting 1, 2 and 3. Setting your business objectives is the keyword.
7. Have a well-established commitment to work and duty.
There is no better time to start moving than now. Product distributors must attend to their respective assignments. One cannot make the MLM business grows by just merely looking at it.
Be committed to you work. Have time to pinpoint your MLM business weaknesses so you can catch-up for any committed mistakes.
by: Jeff Schuman
Why did you start your own network marketing internet business? Most people immediately respond, “for the money!” However, this is not the real reason.
No one subjects them to the hard work of building a business just for little pieces of paper with the faces of dead presidents. The truth is you work in order to obtain what those little pieces of paper can bring you.
The first thing you need to do is to find the reason WHY you are a network marketer. Is it the freedom to choose whatever you want to do whenever you want to do it? Maybe you are looking for a different lifestyle. If there is one thing that is critical to your network marketing internet business success, this is it. If you don’t have a reason, there is no motivation to succeed.
A network marketing business is a teaching and coaching business. If you don’t like interaction with other people, a network marketing business probably is not for you. There’s a concept that most network marketers just can’t seem to get a handle on. You do not sponsor “reps,” you sponsor “people!”
If you have to find a reason why you are building your network marketing business, on the internet then doesn’t it stand to reason that other people will have to do the same thing? If that’s the case, then why is it that network marketers continually focus on how much money your prospect can earn?
There’s no way you are going to convince “Joe Sixpack,” to get out of his Lazyboy recliner unless you find out what his motivation is. Most network marketers literally pound in the amount of money Joe can earn. They bombard him with message after message about how “Successful Sam” has just purchased his 10th Porsche, refurnished his 25,000 square foot cottage and promise Joe that he can do the same!
Just how realistic is this approach? Joe isn’t stupid. He works long, hard hours at his job in order to provide for his family and truly believes that the best thing he can hope for is saving enough money by summer to pay for a camping trip. Then here you come, promising Joe that he can have everything that Sam has and he can have it if he will just sign that piece of paper making you his sponsor!
You will probably sponsor a few people that way, but if you are in business for the long haul you need to change your approach and do it fast.
The proper approach is so simple, but in your rush to sponsor another “rep” instead of helping another person, all too often you talk yourself into and straight out of sponsoring the Joes of the world.
God gave you two ears and one mouth and he did it for a reason. We are supposed to “listen” twice as much as we “speak.”
Instead of pouncing on Joe with the latest and greatest network marketing program of all time, find out what Joe wants and needs. Ask him questions, lots of questions. In fact, in your first meeting with Joe, don’t even mention your business! Yes, that’s what I said. Don’t even bring it up. Remove yourself from the super duper network marketing persona and spend time making a new friend.
Follow these recommendations and you are set to grow your network marketing internet business as large as you want.
About the author:
Team-Schuman.Com contains the best make money online and make money websites available today. If you want to make money check us out here:
http://www.team-schuman.com/network-marketing-internet-business.html
I’ve been reading an excellent blog lately — it’s written by Dennis from 5BucksADay. The premise of the 5 Bucks a Day system is that you begin by creating an income stream of just 5 dollars a day = $150 a month. You then repeat the process over and over with different products, ideas, and sites until you have built up a very nice online income.
This system works because you actually FINISH an idea before moving on to the next — this is key for those of you scattered in all directions, never getting any one idea finished. I’m guilty of this as well — I have hundreds of ideas in my head, and am working on dozens of them at once, but have trouble finishing any single one of them.
Read through the 5 Bucks Blog, get yourself a copy of the 5 Bucks system, and get started ramping up your Internet business.
More: continued here
I want to talk about Success University in this post in just a minute. Sorry for the slowness in posting this week. Our article writer business had gotten way behind and I have been writing articles this week and trying to get caught up on that. I received a phone call from Mark Ross last […]
More: continued here
by: Kirk Bannerman
Do people that are successful in home based businesses share some common characteristics and, if so, what are the primary ones?
The dictionary defines successful as:
*having a favorable outcome, or
*having obtained something desired or intended, or
*having achieved wealth or eminence
When applied to a home business, I think the definition of the word successful involves a combination of financial gain, time flexibility, and being able to call your own shots (being your own boss). The order of importance will vary from person to person.
I have had the good fortune to be quite successful with home-based internet businesses. No, that is not completely accurate, I have had success because I have invested a lot of sweat equity in my work at home business activities.
Having spent many years in the corporate world, I am a firm believer in the team aspect of business and so I naturally gravitated toward network marketing instead of trying to go solo selling products/services and competing with the big players like Yahoo, Amazon and the other well known names.
After doing considerable research, I found a very well established and financially solid internet-based company to work with. Using my business experience in the “offline world” and developing my internet marketing skills on the fly in an OJT (aka: on-the-job-training) format, things have gone very well and I recently spent some time trying to identify some of the primary traits that are common in my most successful team members.
Whether you’re breeding bird dogs, or race horses, or drafting college football players to play in the NFL…it’s important to develop “markers” that can be very useful in predicting success. From my offline, traditional, business experience I have known this from the get-go, but for some reason I was slow to learn (or, was it re-learn?) that identifying the people with a high likelihood of success is even more important when developing an online network marketing business that depends upon teamwork.
Reflecting back on many of the truly successful people I have worked with in network marketing, I made a list of the numerous success factors that emerged when I assessed each person individually. After compiling the list, three factors seemed to stand out as being the most common success indicators. In no particular order, these factors were:
*approaching the business with a long term perspective. It often takes a long time to become an “overnight success”
*exhibiting the tenacity of a pit bull
*being able to ride the emotional roller coaster (two steps forward and one step back) in the early stages of developing the business
Just because a person has these characteristics, it does not ensure success and, on the flip side, a person is not necessarily doomed to failure just because he or she does not possess all three of them.
About the author:
Kirk Bannerman operates his own successful home based business and also coaches others seeking to start their own home based business. For more information visit his website at Proven Work At Home Business
by: Chen Zarza
Have this phrase broken through your life at least once? I think so, most of us want to be paid when we are sleeping, resting or on vacations. Is there a way to turn your dream into a reality? As a matter of fact, it is possible…
Here is the answer you are waiting for: Passive income. You get money for your previous efforts. “You earn money while you sleep”.
Let me explain what I mean; in general we have two categories of income:
- Active income
- Passive income
Active income means: You get money from business participation (salary, dividends, interest, capital, bonuses…)
Passive income means: You get revenue that does not demand your direct involvement, at least after your first work.
Would you like to have more time to do the things you love? Passive income comes and rescues you, giving you the chance to begin a quality life. It offers you economic freedom, and much, much more. What are the benefits?
1.- Requires from you only a first effort
2.- After starting, it works in auto pilot
3.- Decide when, and where you work
4.- Multiple income streams
5.- Free time, used it as you want
6.- Secure your life…
Some sources of passive income include:
- Royalties (from patents…)
- Network Marketing
- Income from a standalone business
- Property rentals
- Investments
- Creative Work
- Insurance renews
- CD (Audio, Video) Sales
- E-book Sales
- Software Products…
Whether you’re just starting a business, or running it from time now, start shifting your model to create more passive income, and soon, you can achieve personal and financial freedom.
Passive income is more common in the off-line world; people says “around 80% of passive income scenarios stem from real estate investments”. Despite this fact, there are interesting alternatives if you are running an online business.
1.- Affiliate Programs – Look for companies that offer large commissions, and track clients for multiple sales over a long period of time, preferable lifetime commissions .
2.- Your own informational product - You can create an e-book and sell it on the Web. It is a fact; People needs and wants information.
3.- Software products – Are you a software developer, or have a developer team, or have a good idea and hire someone else to carry out it? This is your golden chance.
4.- Do You have a site that attract visitors? You have some advantages:
a.-Rent space for banners or links
b.-Include Google Campaigns (AdWords, AdSense): the number of visitors that click on the advertising says how much you earn.
5.- If you are an expert in your field, create a membership site, and charge for your services.
6.- Resell services: such as hosting, domains…
You have different choices to create passive income across a diversified amount of opportunities. It may be income coming from the same customers, or revenew from new customers. It may require no personal involvement whatsoever, such as an e-book, or software sold on a web site.
Building multiple passive income streams is the best way to secure yourself for the future. Protect yourself against eventualities, plan for the coming events.
About the author:
Chen Zarza
Webmaster and Project leader,
20+ experience in the information technology world.
He has developed financial systems for several years.
Background: Databases, Web , Finances
http://www.kaizensoft.com
Have you ever wondered how to get paid to write online? Do you have any ideas how many website and blogs there are today? We are talking about billions and billions with more added almost every second somewhere in the world. This certainly is creating competition for webmasters in every category imaginable. It is also creating […]
More: continued here
Do you need an article original writer to write content for your website or for your blog? If you are one of the millions of people who got all excited about making money online and started a website or a blog you might be interested in this post. When I started Team-Schuman.com it started out as […]
More: continued here
Have you ever worked your tail off to make money online only to go to bed one night and wake up to find everything has changed on you? Again! If you are standing still with your internet business you are going backwards for sure. In this article we will take a look at how to make […]
More: continued here
Is it possible to enter into a home-based MLM business opportunity over the Internet? Why not? The “yes” will answer you right in front of your face. Everything is possible with the participation of Internet especially in the modern business transactions.
But is home-based MLM business opportunity feasible and profitable? How can one succeed in this kind of business?
Are you ready to take a ride into the four-step procedures toward a successful home-based MLM business?
Here they are:
Step number 1. Recruit First
Why do you have to recruit first instead of doing other things?
Home-based MLM business opportunities are network marketing. It is composed of uplines and downlines.
Uplines are independent representatives who recruit another independent representative which they will use in the direct selling of goods and services to customers. Put simply, the recruiter is the upline. They get their commission on the sales of the other independent representatives.
On the other hand, the recruited independent representatives are the downlines. Home-based MLM business opportunity is a commission-based joint effort of uplines and downlines.
That is the main reason why both uplines and downlines must work together. Without the other, the whole business force will be paralyzed. It will not function.
What does this mean? Both parties share the same level of importance or significance to the group. Try to imagine a home-based MLM business opportunity without uplines and downlines? It does not seem right, isn’t it? You’re going to have these four (4) “NO”:
If you do not have recruited independent representatives or if they are not working effectively, there will be no income, no consumption of products and services, no one to market the products and services and no one will cater the customers.
Step number 2. Maintain the minimum sales required.
Home-based MLM business opportunities are so simple yet requires careful analysis of the sales income. You have to be a mathematician on this part to be able to tally your expenses and revenues.
Everyday, independent representatives market the products and services. So make it a habit to tally the income entering everyday and the expenses leaving every hour.
Step number 3. Monitor the consumption of products and services.
Check your inventory. There is no further explanation needed as it is stated clearly enough. This simply means maintaining the minimum stock of products available to avoid having an empty or void stock.
Step number 4. Train your downlines regularly.
In every field, learning is always a requirement. Even if you are a teacher, you still need to study and learn.
The thing here is to have a constant training schedule for the downlines. Study shows that a well-instructed downline creates a big difference than the downline with stagnant information in mind.
Constant study really pays at the end. Some of the recommended topics are proper customer treatment, how to communicate effectively, business ethics, and everything that is needed to help them as well as your home-based MLM business.
If you have already taken into account all the procedures needed to have a successful home-based MLM business opportunity, you are now ready towards establishing that career path.
The formulas are already in your hands. All that is needed now is to get it into effect. The only thing missing to complete the home-based MLM business opportunity is you.

