“Loss Rate” in MLM and How to Avoid It

What is Loss Rate? Many critics of Multi Level Marketing define it as the percentage of failures occurring when monthly incomes do not cover the monthly expenses incurred while a participant of an Multi Level Marketing opportunity. From studies, this rate has been estimated at more than 90%, but closer to 99% depending on who…

What is Loss Rate? Many critics of Multi Level Marketing define it as the percentage of failures occurring when monthly incomes do not cover the monthly expenses incurred while a participant of an Multi Level Marketing opportunity. From studies, this rate has been estimated at more than 90%, but closer to 99% depending on who you speak to and their predisposed judgment of the industry. Many times it is not first-hand knowledge but, that of second hand information gathered from family, friends, and others through those person's experiences.

When does it occur? In the Multi Level Marketing opportunity there are two basic lines of imports, retail from customer sales and residual from a team that was built. Every month a requirement must be met to stay active in the Multi Level Marketing opportunity someone is a part of. Through their own purchases and that of customer purchases points are tabulated, reached, and the required PV (personal volume) of being active is met. This can also be done from the building of a “team” and the required GV (group volume) is used to meet the monthly requirement needed to stay in an active status. Assuming you made a goal of 12-18 months with your Multi Level Marketing opportunity. You have done everything to stay active through your purchases but, have not had much success with attaining customers or building a team and you begin to review your efforts. You start to add up products bought, sales materials purchased, and any other costs that were incurred during this time. You determine that none to very little income was made, and the resulting costs cost far out way the benefits and you decide to not continue.

Now you become a statistic in the continued “Loss Rate” that critics love to use against Multi Level Marketing opportunities to continue to warn people against us. However, once you have the idea of ​​self-direction and being able to make that extra money it will never leave you. So, what is the solution? The solution is finding a need and filling it!

So, to avoid “Loss Rate”, I just need a product that does not lose its value that I can introduce to everyone. Now, to attain a “loss rate” of zero, how much would it be worth to you? Could it cost 100's of dollars or maybe hours of research? No, in 10 minutes you can find this out, and it will be a revelation to many.

A Wise List Of What To Look Out For When Starting An Online Home Based Business

And there was light. Here is a wise list of what can help you gain the most with your business opportunity search … 1. The very first thing to look for is to look out for hype. Many online businesses now a days and even back 15 years ago (that I can remember) try to…

And there was light.

Here is a wise list of what can help you gain the most with your business opportunity search …

1. The very first thing to look for is to look out for hype. Many online businesses now a days and even back 15 years ago (that I can remember) try to out shine one another by saying this is the one and only business that you will ever need. They promise you the moon and stars for near no work at all (but they will certainly take your money), my advise, read reviews about the business if they have any. Do your homework. If they appear to be sound, after your homework is done, proceed. Join them.

a) If you know in your gut (discern) that it's nothing but hot air, do not waste another minute of your precious time reading their hype. Some may say, “well it's only $ 50 bucks or $ 100 bucks or even $ 200 bucks,” and yeah, sadly that's what millions of others said before you and I (from my past past) and we never saw it coming, the moment when we Said, “I do not want to do this, I just want to earn money online but not this way.”

Be mindful of your time. Your time is precious on planet earth. Give yourself a break and invest your time in worthy causes, life changing businesses that are solving problems and not just making money at other people's expense. It will catch up on those who do that sooner or later. I've seen it first hand from the side lines. By doing a little homework and careful planning and doing the right things, you'll feel good about working with a online business you can share with your kids or grand kids.

– Me, I'm all about morals. I love people, not money. Money is a useful tool and yes I like everyone else will use money daily, weekly and so on but money is not my god. When you win people's heart, the money will come if you are persistent, have a goal and never quit and treat people better than you would like to be treated, it will get better in time, trust me on that.-

2. If you are low on finances, you can earn money online by entering paid surveys. This is a great way to invest your time online outside of your day job. I know I have made money through surveys and when you get that money in your PayPal account, it's like WOW, now I have extra money and I can do what I was planning.

3. Also if you are low on investing into a business opportunity consider participating in focus groups. Focus groups are generally places in big cities (and some online) where you discuss a topic, a product or something of value where they need your unique view point about a matter and by doing so you will be paid for your time.
I have participated with quite a few focus groups in the past and I have been compensated for tasting candy bars, watching TV commercials and giving valuable feedback long before the product / or ad went public. You can earn extra money to fund your business opportunity and it's great to know that with focus groups it's your opinion that gets you paid.

There is no right or wrong when it's your opinion that counts and anyone can do that.

4. I have learned the hard way years ago to never and I mean never put all your eggs into one basket. Doing so will either (sadly) wake you up or could crush all your hopes and dreams. It's always good to keep your options open when it comes to business. Meaning if this one business opportunity does not work for you and youave it all (and there can be multiple reasons why it did not work out for you), it's always good to have a few logs in the fire to fall back on for just in case. Again it's good to stick with one main business opportunity and give it your all but its good to have a few or at least 2 others in reserve.

a.) Think about this, you are here now because you survived 1 out of 40 million sperm. You swam through an extremely long way through life to give up now! You can not quit! You have a purpose! How can I say that? You are here, the other 40 million sperm are not! Tell yourself, “I was born to win, winning is much more than my personal goal, winning is my destiny because I am here and I am a winner, that's what I am!” Believe that! Never give up on your dreams. You were made in the image and likeness of God. Respect that and cherish that truth. Tell yourself everyday that no matter what, I was born to win!

5. When you actually find a good online business that you can see yourself doing at least 5-10 years from now or longer (this is a good sign) spend quality time to find out all your can about it before pulling the trigger. Meaning read it, re-read it and bookmark it and come back to it the next day or few days later. Also if you are a believer of the faith, spend some time praying about it. Seriously. If the same energy is there after a few days or so, go for it. If not, do not give up, as Sade song reminds me, “do not walk around with a frown, oh no, keep looking.”

6. You can sell other people's products or service and make a commission when a sale is made. That's called being an affiliate marketer. You create or follow a niche and post / promote about that niche and drive traffic to your post on a blog or website, through social media and that's just for starters. Bloggers can make a really good extra income if you love to write. Find your niche or niches and start typing. Writing can either fund your dreams or it just may be your dream. Do not give up.

7. Never put yourself down and never hang around others who do put you down. In any business you need positive vibes, good energy to make it in this in this world (or the cyber universe for that matter) because there's a lot of ups and downs for any and every entrepreneur. Learning from the greats, you have got to stay on point and stay clear from toxic thoughts which come from toxic people. Be the difference you are searching for.

8. Do not sign up for too many seminaries from gurus and such. If you did, you can feel like you're being pushed in every direction when you are listening to 10 different points of views. Focus on 1 person or no more than 3 people who you believe can and will help you reach your goal. Everyone's goal is different. You may desire to make anywhere from $ 40,000 to $ 100,000 a year from the comfort of your home while someone else has a huge goal to making $ 40,000 to $ 100,000 a month. And then another may have a larger goal to making $ 40,000 to $ 100,000 a week. The point is do not over do it with the goals. Be honest with yourself, have a goal and stick to it. A goal that you believe you can accomplish and do not have a goal to try to do do someone else but instead, you challenge yourself to see if you can do better each and every year.

a.) It's better to be prepared for an opportunity and not have one than to be not prepared when an opportunity presents itself. Have some money set aside just to fund your vision, or to invest in an opportunity.
Plan on reaching your goal. See yourself reaching your goal in your mind. Make a habit of writing things down that make an impact in your life. Expect to reach your goals by focusing with all your heart and mind and seeing yourself at the finish line receiving your rewards. Do what the 95% of the world simply will not do. Be the 5% that you and I need to see everyday. Go the extra mile because the road is not crowded up there.

9. Join a business that is solving a problem and not creating one. I will share one such business I believe that can and will change your life that you can feel good about later on. Join with like minded people who share your core beliefs, your vision and are supportive and helpful. No one likes contacting a business that will gladly take your money but will respond to your queries weeks later after you sent a few request. Do your homework. Make sure you're working with the best or at least one of the best in your niche business type. Good businesses (if they are fairly new) will do whatever they can to help you if they see your sincere care about their business. Larger ones may or may not but depending on the vision of the company. Check up on the stories they write, what others are saying about them. See if they are really solving a problem or creating one. Again I will give my best pick of 2017 of which business you should join, soon.

10. Make yourself a to do list and create a must do schedule. We must have a goal. I must say this again that goals are vitally important for our success. Those who never plan, plan to fail. Always set a goal and look at it everyday. Earl Nightingale is famous for many quotes and one of them is, “you become what you think about.” It's true, whatever is on your mind daily, you're moving towards it, daily. If nothing is on a person's mind, well then sadly that person is moving but going no where. It's very important to have goals in life. Write them down. Look at them daily, 3-4 times a day. My advice, write it down and place it in your wallet (pocketbook), pull it out from time to time to look at it. Write it on paper and stick in on your wall, post it on your mirror in the bathroom. If you see it a lot, it will be on your mind a lot.

My personal advise, do not quit your day job until you find something that you enjoy doing and that you can see that what you're bringing in online is very close to or more than you are making at your day job. Unless you have a nice stash of cash that you can live on for a year or more again do not quit your day job. If you can, try to work less hours on your day job so you can put more hours into your dreams. I remember I worked in a medical office and I work 3 days a week there and 3 days a week at home on my online businesses and yes I did not go to he movies much, like once a year. I did not buy new clothes for several seasons but I was making progress little by little because I had a goal. Work on your goals daily, little by little. Devour the elephant day by day, month by month and stay with it. Do not try to eat an elephant in a day when it takes months to consume.

Millennials Have Much to Say Concerning Home Business Networking

As I consider the fact that I'd like to expand my association with this wonderful group of individuals; that I'd love to have more of them in my sphere and on my business team, a number of defining characteristics come to mind. Without a doubt, they have 24/7 connections to family, friends, entertainment, and the…

As I consider the fact that I'd like to expand my association with this wonderful group of individuals; that I'd love to have more of them in my sphere and on my business team, a number of defining characteristics come to mind.

Without a doubt, they have 24/7 connections to family, friends, entertainment, and the entire world, via the internet. And, like it or not, they are propelling a significant number of us with them. Research highlights the fact that the larger percentage of Millennials (also known as GenY), because of their desire for flexibility, economic security, and purposeful labor, does not believe in traditional 9-to-5 jobs. Consequently, freelancing and self-employment are absolutely sparking interest and on the rise.

Attracting Millennials to my or any home business opportunity may not be a slam dunk phenomenon, however. In fact, I've come to appreciate the fact that, like anyone and everyone else, it is essential for them to feel like they are being understood.

The following five points, gleaned from involvement with four Millennials in my circles, are valuable guide posts. They have also served me well when I communicate with anyone, no matter his or her generation; especially with those who are classified 'Millennials.'

Keep messages short and meaningful

When communicating with regards to home business opportunities, short and informative are key. The more concise the message, the more likely it is that there will be a connection to the business. The longer the message, the better chance it has produced lethargy, boredom, and disinterest.

Treat each person as an individual

While boomers seem to enjoy our label, Millennials does not typically identify as a group. Therefore, it behooves me, and all of you who see their tremendous abilities and talents to treat them as the individuals they are especially when marketing the home business opportunity.

Select the best medium for communication

Conference and other calls are passé with this segment of our population. Rather, online is where most of their time is inherently absent. Therefore, social media and other online platforms are natural fits.

Nurture interests and passions

Millennials strive to make a difference and seem to have an innate desire to feel as if their lives and what they do mean something. Therefore, I want to help them see how partnering with me and my entire team offers volunteer and fiscal opportunities that impact our communities and world.

Strive to make conversations live

Although Millennials tend to not “beat around the bush,” they do, in fact, appreciate good humor. So, straightforwardness that accentuates the abilities for genuine independence, learning, and creativity are all noteworthy qualities and characteristics to develop and grow.

How to Use eBooks As a Leveraged Sales Position

One of the best ways to leveraged sales for any business is to offer additional products that solves an immediate issue. Many consumers today require satisfaction of knowledge before committing to any offering. Like any relationship, you would not offer your deepest secret. You would share some specific knowledge, but nothing that would be too…

One of the best ways to leveraged sales for any business is to offer additional products that solves an immediate issue. Many consumers today require satisfaction of knowledge before committing to any offering. Like any relationship, you would not offer your deepest secret. You would share some specific knowledge, but nothing that would be too sensitive. This is where you can devote time to consumable goods. Small goods build relationships without asking for the big “I do”. Think of eBooks as an hors d'oeuvres before the big meal.

eBooks in a leveraged sales environment

Your eBooks can create leveraged sales and help you gain financial momentum. In fact, they help you during an off season so much that you may generate more attention with them. They should be an enabler for your opportunity, not a replacement. You can always rework your opportunity later on. eBooks are very flexible in terms of content format. You can create work books that complement the main material. They should always point to your main product or the next one above. Thus, creating a pipeline that is easy to measure and to maintain.

Your leveraged sales position with eBooks is as effective as your promotion strategy and distribution networks. This means your promotion efforts and the channels you use have to be in sync. You will need to promote your eBooks often, more often than your opportunity. It may sound confusing but it's not. If you promote your opportunity once or twice a week. This means your leveraged sales offer needs to be in front of your audience three times a week.

Decreased overhead with leveraged sales

While small sales do not seem like much, they can add up quickly. This is why a leveraged sales position is important. Over time your overhead costs will decrease but will not altogether disappear. Lower costs mean higher profits for you. Please do not think you're stuck with eBooks either, you're not. Whatever you decide to offer, you are opening a new door for your prospects. Just like Starbucks offering tea, it is another way to slash at your overhead while generating revenue.

Your leveraged sales position may change over time. This is because the market is changing and so will your bidding. There are plenty of ways to lower your costs and still attract people to your opportunity. In other posts, we will explore more intro the world of leveraged sales.

How I Changed My Mindset And Exploded My Career

The biggest thing you are going to have to do is to change your mindset and build new skills. You can not start a new career without researching it right? Then the same way you have to develop new skills for a new job, you have to develop new skills and mindset for going into…

The biggest thing you are going to have to do is to change your mindset and build new skills.

You can not start a new career without researching it right? Then the same way you have to develop new skills for a new job, you have to develop new skills and mindset for going into a business you have never done before.

Sharing experiences is a way of helping others who are in a similar position to you. We do not know what is going on in each others lives, but by talking, it opens gateways.

Today I want to share how a shy mother of two young boys, found herself in the most daunting position in her life. What was that you may ask? We all have ups and downs in life. Each of us think we are all going through a unique situation, and are the only ones experiencing it.

You are not the only one going through changes in circumstance in your life! There are tons of self help books on every imaginable circumstance you can Google …

I went from happily married mother with a lovely family to becoming a single parent with two young boys. By the government standards my kids were in a family unit that did not stand a chance to progress in life, and even more so they were boys !!

My marriage broke down after 17 years of being together. Nothing new here. But to me it was my world crashing around me. Two young sons aged 6 and 11, a huge mortgage and bills and food to find money for, my clerical job at the bank just was not going to cover it all.

So, being my proud independent self, I did not want to be seen as a failure, even though I really felt like one, with a failed marriage behind me. I will not tell you about what it did for my self esteem, that is another blog post! My logical head kicked in, and I had to find a way to replace the salary that just walked out of the door.

So I had to find something that I could do while still doing a full time job … I wanted to be around my kids, they needed me more now than ever being a single parent.

So I researched companies and things I could do online to work from home in the evenings when the kids were in bed. That was the start of my Network Marketing Journey !!!

With The New Mindset My Career Took Off …
Network marketing has helped me to find a way to generate the additional income I needed, it also helped me to develop a new mindset, one of an entrepreneur, a mindset that has helped me move me in my career professionally and helped me in my business personally. I would never have had this opportunity if I was not into Network Marketing.

In this industry you are knocked back every day, so you need to develop your mindset to cope with the knock backs, reading self development books helps you to develop your tenacity and resolve. There are so many different topics to help you develop different skill sets and grow.

Find a Mentor who you want to aspire to
My tips for helping you improve your mindset is to find a mentor in the area you want to develop in. Preferably one who you can refer to.

I have had so many great teachers and teachers along the way such as the late great Jim Rohn, John C Maxwell (met them both in person), Tony Robbins, Eric Worre, Diane Hochman, Ray Higdon, Jordan Schultz, Abdul Waheed and many more. This is a world I would never have entered if it were not for my circumstances of a failed marriage back then. So I guess I should thank my lucky stars that things happened they way they did.

Often we do not realize that we are being held back from our path of greatness, life gets in the way and distracts us as to the reason that we are here. Circumstance or fate whatever you wish to call it, brings you towards your path of greatness sometimes through tragedy, sometimes through ways which do not seem favorable at the time.

I hope you found this information useful, please do leave your comments below.

Watch Out for MLM Business Opportunities

Any MLM business opportunity worth considering will either have a track record that you can investigate and evaluate or it will have a clear statement of the plan, the potential, and the up-front costs. Before investing any time or money in a specific MLM business opportunity, there are some questions you should consider first. How…

Any MLM business opportunity worth considering will either have a track record that you can investigate and evaluate or it will have a clear statement of the plan, the potential, and the up-front costs.

Before investing any time or money in a specific MLM business opportunity, there are some questions you should consider first.

How long has the business opportunity been in business? Before investing time and money in marketing an MLM business opportunity, it is important to determine how long it has been operating.

If it is a new concept that has not been proven in the marketplace, you have no assurance that it will even work.

Does the company have a fixed address and phone number? This may seem obvious to you, but the fact is, thousands of companies operate with nothing more than a website and an email address.

Many of them are here today and gone tomorrow. Make sure the business you intend to deal with has a fixed address, physical location, and established phone number.

Does the MLM business opportunity have some successful members you can talk to? Most business opportunities will show you testimonials. But these are often untrustworthy.

They could even be completely fabricated. Ask the owner of the business for names of real people you can talk to. Call them on the telephone and ask them to share their experiences with the program.

This will not only provide you with valuable first-hand information about the program, but it will give you a list of advisers who may be willing to help you along the way.

How much initial investment is required? In many cases a proven MLM business opportunity with a successful track record will involve some kind of initial investment.

You should not assume that a business opportunity that is free to join is a better investment. Usually a free-to-join business will involve other costs such as marketing and advertising fees. Just keep in mind that nobody gives away “opportunities” for free.

What you have to determine is whether a specific MLM business opportunity has a successful track record, is managed by honest people and offers you a realistic chance of actually making some money.These are the things you must weigh against the entry costs.

What is the realistic income potential of the business? Have a careful look at the numbers and projections provided by the business opportunity. Then talk with actual members who are using the program to determine if they have been able to turn those numbers into reality.

Are there extra fees such as annually or monthly subscription fees, shipping costs, or minimum purchase requirements? Make sure to get a detailed list of all the fees involved in operating the new business. These things may not seem significant now, but they can easily eat into your profits later.

How much control of your new business will you have? Be clear on who owns the business, and who controls the way it is developed and marketed. You may want to diversify your product offerings in order to avoid being at the mercy of a “head office.

The MLM business opportunity should require low initial investment and have high profit potential both in the short term and in the long term. It should allow you to build a profitable business of your own that will be a source of income far into the future.

Network Marketing – Here Is A Short Story About Network Marketing

Network marketing happens to be a phenomenon that is growing fast. Anyone from any location is qualified to become a distributor and build wealth. In addition, most distributors say that the reason why this particular industry is growing is because there is no major sacrifice needed. They believe that you can still be a successful…

Network marketing happens to be a phenomenon that is growing fast. Anyone from any location is qualified to become a distributor and build wealth. In addition, most distributors say that the reason why this particular industry is growing is because there is no major sacrifice needed. They believe that you can still be a successful distributor while keeping your current occupation. According to business magazine, it was found that 70 percent of the revenue generated from direct selling coming from network marketing. To my knowledge, there is no documented history on the beginnings of this industry.

Today, I will share with you some information, according to Forbes magazine, to help educate you on the history of network marketing. Generally, it is believed that network marketing or direct selling started in the early 1940s by a company that sold food supplements.

Network marketing emerged accidently when distributors found that they could sell more product and service if they sold to family and friends. In the early 1940s, there was no compensation plan or system in place to reward the distributors of their efforts in recruiting new distributors to the companies. To keep the distributors happy, the direct selling companies started paying bonuses to distributors for their efforts and that was the start of the system known as “pyramid selling”.

The concept of network marketing is basically an alternative way to sell products and services to the end user. The way business is traditionally done is by a manufacturer selling products to a retail shops and then the retail shops sells the product to the consumer. In this industry, the middle man is cut out and the distributor is the one responsible for getting the product to the consumer and in return the distributor gets to make money.

As of today, there are tens of hundreds of different types of network marketing opportunities. Even though there is a large amount of negative criticism towards this industry from the government, the amount of people who join these types of legal opportunities are growing.

Most people confuse this industry with the pyramid scheme industry. According to Forbes magazine, a pyramid scheme is when there is no product being sold. People are asked to invest money for no reason. This practice is illegal and can lead to some jail time.

Is this type of business for you?

In my opinion, I would recommend that you do some more research. You should write down at least five companies you want to have a distributor for, investigate the compensation plans being offered by those particular companies, and ask tough question about the quality of the products when distributors invite you to hotel meetings.

Three Reasons Why Network Marketing Has A Bad Reputation

According to Google, network marketing can also be named as pyramid selling. Some people also say that the network marketing industry has produced a lot of millionaires. Before I talk about the reputation of this particular industry, I want to discuss what the network marketing industry is all about. What is Network Marketing? You can…

According to Google, network marketing can also be named as pyramid selling. Some people also say that the network marketing industry has produced a lot of millionaires. Before I talk about the reputation of this particular industry, I want to discuss what the network marketing industry is all about.

What is Network Marketing?

You can define it as a type of business model in which a distributor is responsible for getting products and services directly to the masses on behalf of the opportunity the distributor is associated with. Every opportunity is not the same and they all offer different types of services and products.

These types of business have become popular to people who are looking for part-time work or flexible businesses. These programs require a low upfront investment. Most opportunities pay distributors monthly. In addition, you can also introduce anyone to the opportunity as your business partner if you want to multiply your income.

Why does this industry have a bad reputation?

This industry has a bad reputation because of three reasons, in my opinion. The first reason is because of poor marketing practices. Most opportunities try to teach distributors the “warm market” technique. The warm market technique is basically selling to people in which you already have a relationship with, like family and friends. This technique is highly ineffective because most family and friends are not interested in anything you have to offer. To see success, you have to find demand and fill it with supply.

The second reason is poor quality of products and services. A successful marketing technique is half the battle. People have to like your products and services. Most opportunities, especially the new ones, have a bad habit of offering poor quality products to the masses. Before joining an opportunity, I would recommend that you try what they have to offer for yourself to see if the product is worth selling.

The third reason is the distributors are unmotivated. Great products and great marketing techniques are not enough to experience financial success. If you choose to get involved in these types of businesses, you will have to put in the time and effort. You must develop a passion for what you are selling in order to have success selling it to other people.

What needs to happen to fix the reputation of the network marketing industry?

In my opinion, you will have to become more educated. If you want to experience success, you will have to surround yourself with the people who have been in the arena before. You must also build a relationship with your up-line, or the people who introduced you to the opportunity.

Network Marketing – 6 Powerful Secrets That Only Top Network Marketers Know

The network marketing industry has a bad reputation for many reasons. Today, I will share with you some secrets that only the successful marketers know. # 1 Great network marketers know their target market As a marketer, you will have to find the best group of people for the products or services that you are…

The network marketing industry has a bad reputation for many reasons. Today, I will share with you some secrets that only the successful marketers know.

# 1 Great network marketers know their target market

As a marketer, you will have to find the best group of people for the products or services that you are offering. I strongly recommend that you go to a search engine and find the benefits that your market searches for. Most people fail because they try to sell their products to everyone.

# 2 You must know your “WHY”

This is very important in my opinion. You must find your motivation as to why you want to be a network marketer. It can be family, financial independence, or even freedom. Make sure it is a strong reason because when you run into speed bumps, that reason can keep you from giving up.

# 3 They choose to master a couple of marketing techniques at one time

Do not try to master too many techniques at one time. What I recommend you do is master all the free techniques first before going to paid techniques. Free techniques can be starting a blog, promoting your products and services on social media, or joining a forum.

You can also see what the successful marketing pros are doing and learn from their campaigns. In addition, if you ever run into a major speed bump in your marketing campaign, do not hesitate to talk to the people who introduced you to the company for help.

# 4 A successful network marketer never stops educating himself or herself

You will have to put in the time to work on yourself daily. Top earners are also top learners. Try to go to your near library and pick out two or three books on marketing every month to make sure that your skills stay sharp.

# 5 Great marketers stay consistent

I advise you to create a list of things that you must accomplish every day. Make it a habit to get them done. In the network marketing industry, it usually takes about three years to see a return. So what that means for you is, you will have to work consistently for about three years before you ever see a return.

# 6 Successful marketers embrace leadership

Your new business partners will have to look up to you as their mentor. People do not join businesses, they join the people involved in the business. When you are prospecting or searching for business partners, make sure to address that you will help them through any road blocks that they will face.

2 Multi-Level Marketing Payment Structures

As of 2017, people all over the United States are becoming affiliated with the Multi-level marketing industry. As an entrepreneur, when you get involved in that industry, you get to sell products or services to the masses. If you are sufficient enough to see success, you can put yourself in position to see large returns.…

As of 2017, people all over the United States are becoming affiliated with the Multi-level marketing industry. As an entrepreneur, when you get involved in that industry, you get to sell products or services to the masses. If you are sufficient enough to see success, you can put yourself in position to see large returns.

In my opinion, most people get involved in that type of industry and fail to educate themselves on the payment plan structures that are offered by the opportunities. Today I will share with you two different payment plan structures to help assist you.

However, let me educate you on that industry is all about. Multi-level marketing, abbreviated as MLM, can also be referred as network marketing and pyramid selling. This type of industry has developed a controversial reapputation. Most people who join this type of industry fail because they are not educated on proper marketing techniques.

A common practice in the MLM industry is selling products and services to family and friends. They usually call it the “warm market” strategy and it is highly ineffective, in my opinion.

However, if you see success, here are two possible payment plan structures that your opportunity may use to pay you.

# 1 Matrix

In this plan, there is a specific and predetermined width and depth. For instance, one MLM company can have a 4-by-5 ​​matrix, which permits a distributor to sponsor five people directly on their front-line. In addition, they earn revenue from the sales of those people up to six levels.

This plan is in place to encourage distributors and new recruitments to work as a team. Sometimes, when a distributor's front-line is full, the opportunity will upgrade that distributor from seller to teacher. They do this to make sure that you are focused on helping out the people who are at lower levels.

# 2 Breakaway

The breakaway plan is also known as the stair-step breakaway plan. It earn the name from the idea that a salesperson, after climbing their way through each level of the company, can reach the point where they can “break away” from their up-line. The up-line is the person who introduced you to the opportunity.

The benefit of this payment plan structure is that it motivates the distributors to work hard and eventually break away to create their own organization. Opportunities that offer this type of payment plan structure usually aim for full-time business builders.

Unfortunately, in my opinion, this plan can discourage distributors to work as a team because most people will only be concerned with building their own organizations.