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Tsuyoshi E. Suzuki is an Expert Internet Network Marketer. Discover How To Build
I want to start a Mlm Company in india with binary plan. I want to take franchise of mlm company.?
Mlm company like usana.com, or some other in US or in Malasia or in Singapore or some where. If I can take franchise, what will be the proceedure?
I am a Certified Network Marketer from University of Illinois Chicago, USA. Perhaps if you could returns with your personal particulars as to age/genter/marital status/employment and contact etc, I might be able to help.
Best Reg,
Alfred
B.A. Sc (Ottawa, Canada)
CNM (Illinois Chicago, USA)
Are you aspiring to become an Mlm Top earner? Sure it’s a gigantic challenge, but it can be done. If we take a look at highly successful home based business owners who has made it to the top of the networking food chain, we can derive a huge amount of inspiration and motivation. You should take a look at the prospecting methods of succesful MLM leaders and incorporate these secrets into your own business.
There are many prospecting methods that you can learn from the masters. First, you have to be aware that these top earners are not doing any “voodooh” or mystical stuff that allows them rake in the profits. Contrary to popular belief, successful networkers do extremely simple prospecting methods, and so should you! The reason why it’s important to do simple prospecting methods is because you need to do something that your downline can easily duplicate. When there is massive duplication and action in your downline, that’s when results really happen.
One example of a simple online prospecting method is to start your very own blog. This is not difficult. You can get a free blog from Wordpress or Blogger platform. No need to create an extremely fancy blog. Just create a blog using a free and user friendly platform. A blog is like a journal, where you share your thoughts and invite people to view them. The good thing is, you can insert pictures of yourself from recent company events, you can make announcements about upcoming seminars and product launches, and you can gradually build a massive following online. If you stick with me, I’ll show you how to do it.
Writing direct response ads is another great prospecting method. If you take time to learn simple direct response advertisements and post them on your own website, you can literally get hundreds of customers and business partners at will. This is simple, but not easy. Learning how to write extremely effective ads is the hard part, and is worth learning. If you can create your own landing pages, email newsletters, and website sales letters, you will be on your way to the top of the food chain. Again, I can show you how to do it.
Of course, good old offline prospecting still works today. You can advertise in local newspapers, or give away postcards and calling cards to people you meet. Another good offline method is referral prospecting. Ask your closest friends and trusted associates if they know somebody who might be interested in an additional income stream. Most people are afraid to do this, but I’ve personally sponsored dozens of folks this way. If you ask for referrals, you eventually get what you ask for. That’s how simple it is.
There are other MLM prospecting methods that will propel you to become the top earner that you are supposed to be. You can learn these prospecting secrets in my website, and I will even give you free stuff that you can benefit from. The important thing is that you don’t give up and you continue to persist no matter what.
About the Author
Verniel Cutar is an established leader in the Mlm Industry. He now leads a team of 1,045 active downline members. To learn more Network Marketing Success Tips and strategies, click the websites below:
There Are 7 different Mlm Compensation Plans that will be outlined. No matter who you are in the Mlm Company, compensation plans can be baffling.
The step and ladder plan or Stair-step is a simple plan that must meet requirements before you can climb the “Stairs of Success”. Each step is a promotion based on acquiring a certain volume and each promotion guarantees you a larger cut.
The “Number of Levels” or Unilevel is the amount the company will pay you; this usually does not involve a promotion or rank. Getting a certain override off the volume allows you to make money although there is a volume requirement to qualify for this payment.
“Business centers” can have two “legs” and that is called “The Binary”. You will have a volume requirement on each leg in order to get paid and a “balancing” of volume from the A and B group (legs) in order to maximize your commissions.
The Breakaway usually appears in stair-step. Once you get to a certain level of success, your business “breaks away” and is no longer a part of what you got paid on. It is a bit unpopular since you could lose your business. and all the hard work you vested in it is gone.
A pre-order tree is sometimes called the Matrix or Forced Matrix. A plan is put into your group by a computer and this plan is usually combined with some form of a Binary. This works well if there are a lot of people recruited and working in unity to fill the matrix. The key word is working together or this plan will not work. When someone is recruited the computer searches for the next open slot and places the new recruit there.
A very unique plan is the Australian two up. Two people are “given” to your upline and you keep the rest of the recruits.
The Hybrid is the combination of any of the above and an example would be a Force Matrix with Unilevel benefits which ensures that the ones who work to fill a tree will get paid more. The Australian Two Up with Stair-step advancement to offset disadvantages of distributors being too deep in an organization.
Only you can make a plan work but none of them will make you money if you don’t recruit individuals and develop them. Working the plan will make you money.
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A direct sales company can be a great source of income, whether it’s a full or part time venture. However, you probably don’t want to spend the bulk of your time setting up websites for each of your distributors. Thankfully, Multi Level Marketing Software provides this feature and has the ability to automatically replicate websites, saving you both time and money.
Website security is always critical, but for direct sales companies, it’s especially important for the e-commerce aspects of your business. You want to ensure that your distributors can easily personalize their websites and create an inviting shopping experience for customers. And more importantly, you want to make sure that prospective buyers trust your site. The best way to do this is by implementing a web based MLM software solution that provides a robust set of features, backed by high level security.
With the proper direct sales software in place, you’ll be able to create a secure online environment that not only acts as a marketplace, but also one that supports your marketing and promotional activities. Using clear calls to action and automated forms, you’ll have access to a database of information for future re-marketing efforts that will help you grow your business and your profits.
Once you have tried MLM software, you will find it really helpful and effective. It will save you a lot of time and money. It will bring more than your expectation. Let multi level marketing softwear help you to get more profit in your business.
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All “Mlm Companies” Aren’t Equal - But Does This Matter?
You may or may not know this but “MLM companies” just aren’t that different. The products and services are definitely different, but that’s not what’s most important. What is most important is the people running the business. One that has weak leadership could have a great product, but it’s probably not going to go anywhere because the business minds behind it are keeping it back. Or, there could be an exceptional business man or woman behind the business, but the product that these brilliant owners supply to their Mlm Company could be bland.
With that said, what company would you rather be in: A company with a great leader and a moderate product or a company with a moderate leader and an awesome product? Fortunately for you, you don’t have to make that decision because there are great owners of out there that do have exceptional products, but I’ve said this before and I’ll say it again, I think most people jump in an MLM company too fast and buy based on their emotions instead of thinking “Do I really like this product and owners?”
There is no opportunity that’s ever lost because it’s always found by someone who is ready and willing to take advantage of it. I often have people asking what is the best company to be in. I don’t know why people ask me this, because they obviously know I’m in a company, so why wouldn’t I be in the best company out there? I guess they think I would be in the second best opportunity or something. Truth is, I believe my Mlm Opportunity to be the best because it’s what I’m interested in, and it works for me. But I don’t believe that’s the case for everyone, because not everyone is like me.
Now, I don’t think that all companies are equal, so you definitely want to make sure to research the company that you are thinking of joining to make sure that you will get paid fairly. Not all MLM companies do!
Let’s recap first find a company and product that you love, do your research, make sure that the company’s owners are true leaders and have a track record for success. Now all you have to do is make sure the quality of the product or service is good. Once that’s done, find yourself a good representative/leader to join who’s already in the company and produce, produce, produce!
About the Author
Eric and Kali Taylor are leading network marketers with Isagenix International. Eric is a “You Branding” (aka. Personal branding) trainer and is well known in the Network Marketing and direct sales world on YouTube and MySpace. See examples of their You branding on their Isagenix site: http://www.ExperienceWealthyLiving.com They are reachable by phone at 209-244-4700.
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Free Network Marketing Training - The One Good Thing About It And The One Bad Thing About It
There is so much free network marketing training on the internet right now, it’s almost funny. But there is one bad thing and one very good thing from all of this free network marketing training. And it’s this; you get what you pay for.
Let me explain what I mean by this. Firstly, no matter what it is, you get what you pay for. So when I am saying that there is one thing that is not so good about the free network marketing training it’s that it’s free. Normally in this world, people like to give things away for free. But they are not the golden nuggets. Normally, they are just the crumbs.
With network marketing, these types of trainings normally give you something of value. They teach you a basic point or give you a tip of the ice berg, but they don’t give you everything. Whereas when you have to pay for network marketing training, people will give you the whole thing.
Think of this for an example, if you get a free network marketing training ebook on the internet, it probably will teach you some of the things that you will need to know, maybe a marketing strategy or a business tip. But you do not normally find an entire business system for free. But you will if you pay for the training.
So be careful of all of the free network marketing training. You will be able to get a lot of value out of it and you will be able to learn a lot from it but you probably will not be able to find out all of the secrets that you will need to know to create success.
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3 Keys To Building Relationships Online With Your Network Marketing Leads
Whether you use lead generation strategies online or offline, building relationships will always be a part of network marketing. So how do you build relationships online? There are 3 things that you need to do to build relationships online.
1. Brand Yourself- A lot of people in traditional network marketing teach you to lead with your product or business. When you do this online it is even more ineffective because everybody is selling something and you look like just another salesperson.
Branding yourself requires doing something to make yourself stand out from the crowd. The easiest way to do this is to be yourself. You have to let people, get to know, like, and trust you before you start pitching your Network Marketing Business opportunity to them.
Even then, you still should not pitch your business unless someone asks.
One effective way to brand yourself online is to create a website. It could be a blog or a website that tells people about you. Ideally your branding website should be yourname.com.
2. Bring value to others- One of the best ways to bring value to others in network marketing is to help them make some money. The majority of network marketers have not even made much money themselves so how can they teach someone else to make more money?
Well it seems that a popular way to do this is to plug into one of these online Network Marketing Systems. If you do not have much knowledge about internet marketing that seems like the easiest way to learn so that you are able to provide value to other network marketers.
What happens instead is that you end up plugging into a system with prewritten emails, and lead capture page templates, and you are deliver the same “so-called” value that everybody else using that same system is providing.
3. Build your list- The idea behind building your email list is so that you can build your relationship with your subscribers over time. You also supplement your network marketing income by offering affiliate products to your list.
Ideally, they will start to know, like, and trust you as send them your auto-responder messages over time. Then they will began to take your recommendation and buy information products through your affiliate links.
Unfortunately these played out internet marketing strategies are not as effective as they used to be.
It does not make sense to send all of your leads to one of these ready made network marketing systems, because you are losing money when you do that.
Every network marketer who wants to learn how to generate leads online needs at least 2 things: A hosting account and an autoresponder.
Most good hosting accounts and auto-responders have affiliate programs. These are the easiest affiliate commissions for a network marketer to earn online, but when you send all of your leads to your wonderful online Network Marketing System you give all of those easy commissions away to that system…
…because the owner of that system will earn all of the commissions when your leads purchases their hosting accounts and auto-responders through your system owner’s affiliate links instead of yours.
Also while you are running around trying teach others to brand themselves, you are doing more to brand your beloved internet network marketing system.
Learn to provide real value to other network marketers, by learning good internet marketing basics… so that you are able to teach them to have success online, instead of taking the lazy approach and referring them to your almighty system.
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If you are just newly getting involved in the Multilevel Marketing opportunities craze, you are, without a doubt, going to be inundated with information, and one of the best ways to figure out if the information that is you are getting is correct is get the advice of a good MLM consultant. One MLM consultant that you may have heard about by this time is Rod Cook, and in terms of experience in the industry and general help to the MLM community at large, Cook has done more than his fair share!
As an MLM consultant, Cook brings a great deal to the table as one of the people to go to. In a field where people get turned over and left behind in a matter of years, Cook has managed to stay in and on top for quite a while; he started retailing Mlm Products in 1968! Not only does Cook hold a bachelor’s degree as well as the equivalent of an MBA, he also brings to the table years as a paid consultant as well as a long history with the first MLM publication, “The Golden Opportunity.”
When you are looking for a good MLM consultant, Cook exemplifies many of the things you are looking for, but his results speak for themselves. Essentially an MLM consultant like Cook prevents you from being scammed, an incident that happens all too often in this amazingly quick industry. As an entrepreneur, you do need to be cautious, but more than that, you need to take your opportunities as soon as you find them. A consultant like Rob Cook can help you make sure that your money and your investments are being treated carefully and with a great deal of respect.
As an MLM consultant, Cook makes some controversial statements. He estimates that about fifty percent of the Mlm Software companies advertised online are incompetent or simply scams. Moreover, even if the product is viable, the sales often are not. They range from out and out pyramid schemes to simply not having the infrastructure to make themselves relevant; in either case, they will end up bleeding your pocketbook dry if you are not careful.
I’ve spoken with Rod Cook several times on the phone, a very nice and knowledgeable person who knows what he is talking about. I’ve been asked my opinion of Mlm Watchdog too many times over the years and I tell everyone the same thing. Rod Cook’s job is not to judge but to report facts, and there’s nothing wrong with promoting dirt on companies and expose them to the extent possible. It only inevitably protects the consumer.
Cook and his staff essentially provide a very valuable watchdog function, one that is overseen for most other industries by the government. The problem with Mlm Opportunities is that they are so numerous and spring up so quickly that it can be a while before the worst ones are weeded out, and by that time, many people have already come to heartbreak. Take a look at what Cook has to offer if you are interested in taking advantage of what a MLM consultant has to offer; it will be a great deal safer and less frustrating than setting off on your own!
About the Author
Learn more about Brian Garvin and Jeff West at Internet Marketing
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The House of Cards -Is my Mlm Company one of those?
If you have been around Network Marketing long enough, you have probably heard the Mlm Business Model as being “Pyramid Selling”, or “one of those “Pyramid Schemes” or (less frequently) a “Ponzi Scheme”. How do you answer something like that? The first thing you need to do is educate yourself on what pyramids and ponzis actually are. If you don’t know what the answer is, then how will you be able to answer assuredly if the question ever does arise?
How the “PONZI” got it’s name.
Charles Ponzi was a career fraudster and scam artist. While this ‘money game’ of his was to become the most famous of his frauds, it was not his first, and ironically, not his last scam. Back in 1920 it involved money in the millions of dollars! That is a lot of money by today’s standards. Just imagine what that amount of money represented in 1920, when you consider that a Ford Model T cost around $300!
Here’s what he did. He sold investors promissory notes paying 50% profit in 45 days. He then took the money that later investors paid him, to pay profit back to the earlier investors. As long as he had an endless supply of people willing to invest their dollars, he had money to follow through on his promise, but when the number of people expecting their return grew larger than the amount of investors purchasing, the entire operation fell through.
So in other words, he took less money from more people, to pay less people more money. It doesn’t take a math genius to figure out that eventually there will not be enough people investing to pay back on the promise. It also doesn’t take any imagination to see that some people will lose while others gain. The people who invest early get paid by the people who inevitably lose.
What is key to remember about a Ponzi scheme is that it only has one official promoter.
Pyramid Schemes
Pyramid schemes on the other hand have the look and feel of a Ponzi. The difference is that they are perpetrated in a “chain letter” style with one person recruiting 2, who recruit 2, who recruit 2 endlessly (or any other number). The people recruited usually pay some money to the person at the top of the chain, which is a certain predetermined number of levels above them in the recruiting chain. There is usually no product but product alone does not determine the label “Pyramid”. Rather it is the major source of revenue that determines whether a program is labeled “pyramid” or not.
Illegal pyramid schemes may or may not have a product. If they don’t have a product then they are easy to spot. Money exchanging hands up the line in any manner, with the expectation of receiving more money from below is classicly an illegal pyramid, but what of those that actually do have some kind of product?
In this instance, law officials will determine whether the product has value, and whether it is the focus of the income. Commissions must only be paid when product is sold, and never paid on startup costs (kits, tools, fees). Companies (if asked) must also provide proof that their product has a customer base, and is not only consumed or purchased by people hoping to make money. In other words, does the organization or company need the financial contributions of new ‘recruits’ in order to survive, or is there a customer base that would continue bringing sales revenue into the company.
The Difference Between Ponzis and Pyramids
The only real difference is that a Ponzi has only one person collecting investments, and distributing profits. In a Ponzi, all of the investors, whether they have made money or lost money, are victims. In a pyramid, however, the victims become the victimizers, directly promoting a crime and in effect stealing more from others than was stolen from them.
What does the Federal Trade Commission (FTC) say about Pyramids and Ponzis
Of the people who participate in these schemes, there are a few who know that it is illegal and that they need to “get in early” to get their money, because some people are going to lose. For many others though, they have been convinced that what they are participating in is not like “those other deals” because of ‘this’ or ‘that’
Even the FTC sometimes has a hard time deciding if something is actually a pyramid or not. They have outlined some basics for you, to help in deciding whether you should participate or not.
Pyramid schemes now come in so many forms that they may be difficult to recognize immediately. However, they all share one overriding characteristic. They promise consumers or investors large profits based primarily on recruiting others to join their program, not based on profits from any real investment or real sale of goods to the public. Some schemes may purport to sell a product, but they often simply use the product to hide their pyramid structure. There are two tell-tale signs that a product is simply being used to disguise a pyramid scheme: inventory loading and a lack of retail sales. Inventory loading occurs when a company’s incentive program forces recruits to buy more products than they could ever sell, often at inflated prices. If this occurs throughout the company’s distribution system, the people at the top of the pyramid reap substantial profits, even though little or no product moves to market. The people at the bottom make excessive payments for inventory that simply accumulates in their basements. A lack of retail sales is also a red flag that a pyramid exists. Many pyramid schemes will claim that their product is selling like hot cakes. However, on closer examination, the sales occur only between people inside the pyramid structure or to new recruits joining the structure, not to consumers out in the general public.
A Ponzi scheme is closely related to a pyramid because it revolves around continuous recruiting, but in a Ponzi scheme the promoter generally has no product to sell and pays no commission to investors who recruit new “members.” Instead, the promoter collects payments from a stream of people, promising them all the same high rate of return on a short-term investment. In the typical Ponzi scheme, there is no real investment opportunity, and the promoter just uses the money from new recruits to pay obligations owed to longer-standing members of the program. In English, there is an expression that nicely summarizes this scheme: It’s called “stealing from Peter to pay Paul.” In fact some law enforcement officers call Ponzi schemes “Peter-Paul” scams. Many of you may be familiar with Ponzi schemes reported in the international financial news. For example, the MMM fund in Russia, which issued investors shares of stock and suddenly collapsed in 1994, was characterized as a Ponzi scheme.
Both Ponzi schemes and pyramids are quite seductive because they may be able to deliver a high rate of return to a few early investors for a short period of time. Yet, both pyramid and Ponzi schemes are illegal because they inevitably must fall apart. No program can recruit new members forever. Every pyramid or Ponzi scheme collapses because it cannot expand beyond the size of the earth’s population. When the scheme collapses, most investors find themselves at the bottom, unable to recoup their losses.
Some people confuse pyramid and Ponzi schemes with legitimate Multilevel Marketing. Multilevel marketing programs are known as MLM’s, and unlike pyramid or Ponzi schemes, MLM’s have a real product to sell. More importantly, MLM’s actually sell their product to members of the general public, without requiring these consumers to pay anything extra or to join the Mlm System. MLM’s may pay commissions to a long string of distributors, but these commission are paid for real retail sales, not for new recruits.
~source: Federal Trade Commission Website
What About Gifting?
People involved in gifting programs have convinced new perpetrators that gifting is “100% legal”. It Isn’t! There is NO ORGANIZED GIFTING PROGRAM THAT IS LEGAL. I am using the word “program” very specifically to talk about clubs or groups of people that send money to strangers with the expectation of receiving several times their “gift” back.
During my research into “Gifting” I came across a new blog about gifting. The person writing the blog promoting her particular gifting club is convinced that what she is doing is legal. As I read over her various entries on this, and other various websites of hers, I get the impression of a savvy young “work at home” mom, trying to make a difference in her family’s financial situation. She seems like a wonderful person, and someone I would enjoy spending time in conversation with. Surely this person wouldn’t take my money or be involved in a scam?
Well it seems she would.
Tracy Austin is one of many thousands of people who are “out in the open” about their gifting activity on the internet. Tracy believes her participation in this gifting program is legal, in part, because of the terminology used in her particular program. In her first post on her blog, Tracy says this:
Cash giftingis not a home business opportunity. There are many people online talking about cash gifting as though it were MLM. They refer to “sponsors” and “recruits.”
There are no sponsors in cash gifting, the term for the person you begin this activity with is “inviter.” When you begin cash gifting, you have not been recruited, you have chosen to participate in an exclusive activity that offers no product or service, hence it cannot be called a business.
What I have to say about the approach that some are using to cash gifting is they may be setting themselves up for a hard fall. When you approach cash gifting in this way you are implying that it is a business. The IRS law that makes cash gifting legal is worded very specifically:
“The gift tax applies to the transfer by gift of any property. You make a gift if you give property (including money), or the use of or income from property, without expecting to receive something of at least equal value in return.
“
Nobody goes into a business without expecting to make a return. Call me particular, but every cash gifting activity that I’ve reviewed has guidelines that preclude members from using the terms “sponsor” and “recruit” for a reason. Why? Because these terms give the appearance of
commerce or trade.
For all of the gifters out there, and especially the would-be gifters who are doing research right now, trying to decide whether to participate, here is what is important for you to know. It isn’t the terminology that determines legality, it is the activity. Let me put it in an example…. If you go into the bank with a mask on, and a note demanding that the teller LEND you some money, the police are still going to call it theft. You can call it ‘borrowing’ all you want. (I dare say crooks have actually tried that as a defense over the years…. “really officer I was only ‘borrowing’ the money.”)
Let’s look at some of the answers to some Frequently Asked Questions (FAQ’s) that Tracy has on herCash Gifting Abundance site: Please allow me to first comment that the title of her site is “Secrets to 100K a month”, which is a dead give away that she isn’t giving people $3500 out of the goodness of her heart. Gifting for profit is illegal. My further comments in RED
What is Cash Gifting?
Private cash gifting is a concept embraced by private groups of individuals and has been in existence for many years. Our private activity does not involve network marketing, Multi-level Marketing, or a business or commercial activity. There are no business transactions, investments and/or securities involved in this activity.
The concept of private gifting is based upon the fact that both American and Canadian citizens as well as other countries, have the Constitutional right to gift property, cash and other assets, and are subject to the rules and regulations established by the laws. The U.S. gifting rules are found in the IRS Tax Code, Title 26, Sections 2501-2504 and 2511.
The law states that one or more individuals can give a gift to another individual of up to $11,000 each per calendar year without any tax liability to either the giver or receiver of the gift, because the tax on the gift has already been paid. These gifts are not included in the gross income of the recipient.
On Tracy’s website she quotes the tax law:“The gift tax applies to the transfer by gift of any property. You make a gift if you give property (including money), or the use of or income from property, without expecting to receive something of at least equal value in return. The entire scheme is set up with the expectation of receiving future “gifts”. How is it that gifters can not see this?
Is this a pyramid?
Not at all! A pyramid is associated with an investment scheme, a company or a business.
A pyramid is also not to be confused with “Network Marketing”. Although Network Marketing is a legal and viable source of income, when was the last time you, or anyone you know able to start at the bottom of the company and reach the top position ? This is where the logic really gets convoluted. A ‘pyramid’ is NOT associated with an investment scheme, a company or a business. Please allow me to quote from above “Illegal pyramid schemes may or may not have a product. If they don’t have a product then they are easy to spot. Money exchanging hands up the line in any manner with the expectation of receiving more money from below is classicly an illegal pyramid,….“
How does Cash Gifting work?
This activity is offered only by means of an exclusive one-to-one invitation. When someone accepts the invitation, they move through a natural progression from the giving to the receiving stage of the activity. In this activity, there is no fixed hierarchy of individuals who have an advantageous position or unfair advantage over new participants. Tracy has just very kindly given the FTC the language in the shape of a noose. There is an “expectation” of receiving which by definition makes this gifting activity illegal.
How can you give to a stranger?
How many times have you given to United Way, the Salvation Army and other charities? You don’t know who got the gift, what stranger. The only difference here is that this person will start out as a stranger, but you will get to know them as part of the team, Giving to a charitable organization is a one way gift. You give to the salvation army without expecting that the neighbor down the street will in turn give you something if you ask them to.
One final note about Tracy and her gifting pyramid. her websites say the following: (and my comment is… Tracy THERE IS NO NEED to market a gift. Only businesses and solicitations are marketed in this way.)
*SPECIAL TEAM OFFER* *BONUS WITH A $3500 Gift*
* Your First 500 MARKETING POSTCARDS Mailed For Yor For FREE!*
I could go on and on but I think (and truly hope) that you are getting the picture. I may not reach the people who are already indoctrinated in their belief that their gifting program is legal. The reality will come when the Attorney General in their state, or the FBI or local law enforcement agency comes knocking on their door. Hopefully, though, some of you reading this article have not yet made a fatal mistake and will really hear what I am trying to help you hear. ORGANIZED GIFTING IS ILLEGAL. Not to single out Tracy directly, there are a number of illegal gifting schemes out there right now. Here are just a small few that I am aware of (Thanks again to Tracy Austin- I really never knew the names of some of these scams!).
ESCOV- Ecosov has been operated in one form or another for over 8 years by a guy who calls himself “Q.” There used to be three levels to join, but now there are only two: $6,600 & $18,500.
Number One Success System (NOSS)- NOSS is a 1UP style gifting program and has been around for over 7 years. NOSS has 3 levels of participation: $500, $1,500 and $3,500.
Spirit of Wealth (SOW Today)- This website looks suspiciously like the NOSS website. SOW is over seven years old and has over 40,000 members in over 16 countries. Like NOSS, SOW also 3 levels of participation: $500, $1,500 and $3,500.
The Overnight Cash System (TOCS)- As an internet-based cash gifting activity, TOCS is the “baby” of online cash gifting programs since it’s only been around with it’s new structure since January of 2008. It uses a 1Up style structure like the others and has 5 levels $500, $1,000, $2,500, $5,000, and $10,000.
Cash Arrives 365- Cash Arrives 365 is a 1UP gifting programs and has also been around for about 7 years. CA365 also has 3 levels of participation: $500, $1,500 and $3,500.
That’s a good question! To answer that let’s once again go to the Federal Trade Commission (FTC) website to find an answer.
Some people confuse pyramid and Ponzi schemes with legitimate multilevel marketing. Multilevel marketing programs are known as MLM’s, and unlike pyramid or Ponzi schemes, MLM’s have a real product to sell. More importantly, MLM’s actually sell their product to members of the general public, without requiring these consumers to pay anything extra or to join The Mlm System. MLM’s may pay commissions to a long string of distributors, but these commission are paid for real retail sales, not for new recruits.
In other words, it is not even enough that a company has a product. That company needs to demonstrate that their products are being sold retail to real customers, and that the product is not just an excuse to pay people money.
In the example of the case against Jewelway it wasn’t enough that they had a product that was legitimate. The FTC “alleged that the defendants were operating a pyramid scheme because their promotional efforts focused primarily on recruiting and not on retail sales to non-participants. The FTC further alleged that the defendants made deceptive earnings claims in order to induce consumers to make a token purchase of jewelry and become a JewelWay representative able to recruit additional participants for the company.” Jewelway was successfully closed down, and a significant monetary settlement levied against the owners even though they had a legitimate product!
Questions to ask:
Is there a product?
Is there a consumer base for the product. (Will people who do not want to start a business want to buy this product?)
Is there a ’start up fee’ that commissions are paid on? (Commissions must ONLY be paid when product is purchased, NEVER on start up costs, or marketing tools.
Is the focus on the product? Or is the product secondary to the “Income claims”?
Who is administrating the company? Can you locate a head office? Can you contact them? Do they have a past history?
Are there income claims being made? Unsubstantiated income claims are illegal. While there are a significant number of 6 and 7 figure income earners in Legitimate Mlm and Network Marketing Companies, even they can get slapped by the FTC for “enticement”. Income claims must be verifiable, and it must be made clear that your results will be different based on any number of varialbles. In other words there is no guarantee of income either stated or implied.
Don’t take the word of the person attempting to recruit you that this is a legitimate endeavor, but don’t take the word of someone who has absolutely no experience either. Nor should you speak to someone with a conflict of interest (i.e. They are in a different MLM, and would rather you joined their company with them so THEY can earn money). Call the company yourself. Use Google and search for the names of the principles, the company, research the product, look for dissatisfied or disgruntled customers and distributors. Filter all of the information you have through a logical course, and make a decision based on knowledge and understanding, not hype, excitement or partial truths.
1-NEVER run out of people to talk to .This is something ypu must know upfront.you cant count of becoming superstar by talking to 10-15 people.
2-Pick your sponser . You know the main reason most people fail in NWM(Networkmarketing)is that they only recive training from there sponser thst don’t lead you to right training . what do you think it will do well you are right a absolutly lead your new business to disaster.Sponser to a rookie training is not a fine talks.Unfortunately most of sponsors are rookie themselfs so make sure sponsor has a personal relationship with the leaders of the company.
3-You must be coachable .If you think you know everything your wrong what i fon=und out is that no one person has all answers no matter how much experience ypu might have you must remain coachable.
4-Create a big big and bigger goals than your self .Put in front of you that you are doing will help other people set as your goal helping others and then set out achieve it.
5-Define what will cause you to stop ask yourself what will cause you to stop ask yourself what will cause you to quit.Define things which you are not willing to do.
6-You must understand how people fail in NWM Biz if you ub=nderstand that most people fail because they spend too much time talking to the wrong people , you would know to only look spend time with the right ones .The right ones dont get stuck in getting start have the time and money to start their business or find the time and money . The right are coachable.
7-Understand the wealth . All wealth can be traced back to spending time with the right people dont get stuck in getting started . They see a vision of what would be and race towards it!
8-You must speak to other people everyday.There are different thoughts on how many people you should to talk per day.All the top leaders I have come across say a minimum of 10,but most have talked to at least 30+.You have to decide how fast you want your business will grow.The more people that hear your business will grow . And remember when you are speaking with someone Exitment is the key!
9-You must commit to doing your business a minmum of 1hr/pay In reality you would want to spend not less than 10-12 hrs per week.Thats does not include your training,reading personal development books or cleaning your office.
10-You must have a sinceredesire to make big money .If you do not have the desire to do what ever it takes for as long as it takes to make your business successfull don’t even start. You will only gib=ve yourself excuses of why you are not being successfull and endup not only quitting on yourself but most likely to blaming your sponsers,your company,your pet! for your lack of desire.
And here is the key to all of it…you have the power to completly create the rules that define yours reality. And you can do it instantly what was impossible today , can be possible tomorrow if you desire it to be.
About the Author
Have you found effective Internet Marketing strategy yet ? if you are looking to bring your Network Marketing Business to the next level by mastering Mlm Lead Generation , join Madhumitha’s free training today.
These MLM Tips show how valuable it is to have a clear vision of what success in your Multi Level Marketing Business means to you.
Success can be a vague concept, something that’s sought-after without being clearly defined.
Take a moment now, with a pen and paper, to get a strong sense of what Mlm Success means for you.
Avoid thinking in terms of “more”, for instance, “twenty more prospects” or “five more personally-sponsored distributors” or “five-thousand additional dollars earned per month”.
When you focus on wanting “more” of something, you are focused on the gap between what you have and what you want. Since you attract more of what you focus on, when you’re focused on needing more of anything, “needing more” is what you continue to experience.
See and Feel The Desired Result
Instead, think in terms of the desired end result.
With that in mind, use your pen and paper to create a “picture” of success as you see it.
Make two versions:
1) Long-term, “big-picture” success for your Multi Level Marketing business,
and
2) What success would look like in the coming month.
Include not only facts and figures, but emotional payoffs as well: what will it feel like to experience your vision of success at the end of the month?
What will it feel like in the long run?
Consider your pages works-in-progress. Repeat the process every month, using what you have written to stay focused and true to your personal vision.
Don’t fall into a trap of anxiously wondering how to make your vision a reality. Instead, use these MLM Tips to help you focus your energy on the completed vision of your success, until, piece-by-piece, it appears in your life.
Get your Free Network Marketing Prosperity Game Kit at http://authentic-network-marketing-success.com/abundance-and-prosperity.html
Kim Wilborn is a Law of Attraction Consultant to businesses and Individuals at <a target=”_new” href=”http://Authentic-Network-Marketing-Success.com”>http://Authentic-Network-Marketing-Success.com</a> About the Author
Kim Wilborn is a Law of Attraction Consultant to businesses and individuals.
The most important part of her work is reconnecting people to their true selves, because once people are aligned with their true selves, they easily attract the specific information and ideas they need to succeed.
The holistic principles Kim teaches apply to every type of business, and for the past fifteen years she has seen these principles transform countless businesses and lives as each person puts them into practice in his or her own unique way.
Seattle Fish Market - MLM Tips, Network Marketing By Debi Talbert
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Like a lot of people looking for more security and flexibility, you may be one of the millions of folks worldwide who has started to work from home in your own MLM (multilevel marketing) or network marketing business. Learning how to be successful in direct sales and running a business from home are both challenging aspects of joining the MLM industry. We wanted to share our journey through our ex...
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