Posts Tagged ‘Mlm Company’

Famous Superstar Endorsement Means Squat in MLM

Oh dear….I feel a need to get on my soapbox, so ya’ll better listen up!

Sometimes I just need to speak up about something I think can cause a lot of grief for my fellow network marketers.

 

star

 

Every time I see someone shouting out about some famous superstar endorsing their MLM company’s product, and how THAT PROVES how wonderful their business opportunity is I just want to scream!

 

STOP!  STOP!  STOP!  DON’T GO THERE!

 

Companies who seek to put their credibility on the value of a famous star’s endorsement are more about hype and distracting prospect’s attention to glitz than the real business opportunity.

My friends, the ONLY WAY to evaluate an MLM business opportunity is to measure it up against the 5 Pillars.

 

Does the Company Management have Experience and Integrity?

Has the Company passed the “early failure” Time Line?

Is there a Reasonably Priced Remarkable Product?

Compensation Plan & Part-Timers?

Is there a System for Success?

 

Whenever someone presents me with an opportunity, I always ask for the Contract and Policies and Procedures.

 

clipart-man-reading-a-contract-with-magnifying-glass

 

Fully understanding these two documents is where your Network Marketing business is going to be built.

 

It has absolutely NOTHING to do with Mr. or Ms. Famous Superstar.

They know nothing about how the average network marketer builds a business or networks…it sure isn’t by schmoozing!

Famous endorsers have their Business Agents make these deals for them based on how profitable the deal will be for the Super Star, NOT the network marketers who will be building the business.

 

Think about it…where do you think the company is getting the money to pay for the endorsement?

Do you think it is going to come out of corporate’s budget or out of the pay plan?

Hmmmm….

OK, I’m climbing down now.

Believe In Your Success, I Do!
Karen
mentor.karen.j.miller@gmail.com

ps…

I’d love for you to leave a comment, like or tweet.

Posted by on December 11th, 2010 No Comments

I Registered for My MLM’s Convention…Have You?

 

I have never gone to my MLM Company’s annual convention in the almost 3 years that I have been with them.

Excuses abound…usually the one that “I can’t afford it.”  After all, what would I do with my kids?  I can’t take them all with me.  I certainly can’t take the foster children in my care with me, and I have to pay to have them in respite.

More “I can’t afford it.”

money-in-hand

 

Well, this year I am going through a transformation.

 

I decided to make a New Years Resolution early and start living it NOW.

I have made a choice to Live in Abundance, and not in Poverty.

 

Living in Poverty means coming from a mindset of lack.  When you come from lack, there never is enough money and there never will be, so you never go anywhere or do anything.

Living in Abundance means coming from a mindset of prosperity.  You recognize what you have and are thankful for the blessing of having it.

You know that God (or the Universe, or whatever your spiritual belief is) will provide you with your heart’s desires and everything that you need.

 

This week, I registered for my MLM company’s convention
I paid the $25 deposit with a payment plan of paying $50 June 1st and the remaining $50 July 1st.

 

cruise ship

 

January 1st, I will pay the $50 deposit to reserve my cabin on the Cruise ship.  (Yes, my company is holding convention on a cruise ship!).  This will leave 7 payments of $103 a month, which includes airfare.

 

I made a commitment to myself that I am going and that my business will grow and produce the needed funds to pay for my trip.

I expect it to happen.  I expect the money to come.

This is in sharp contrast to saying “I’ll go to convention when I can afford it.”  With that kind of poverty mindset, it will never happen because there is no expectation of the money coming.

 

When you want something that before you thought was unattainable or unaffordable, you need to write it down.

But speaking your desire and writing it down isn’t enough.

 

calculator 


You have to write down your plan on how you will pay for your trip & expenses and how you will pay to have the kids and household taken care of while you are gone. 

 

Make sure to cover every expense you can think of and include it into your budget.

 

Figure when you need to pay your deposits, when installments or final payments are due, and how much you need to save each month.

Start making arrangements for childcare, pet care, and housesitting now and plan for at least one backup plan!

Again, figure when you may have to pay deposits to secure services and how much you will need to put away each month to pay the final bills.

When budgeting total amounts for your trip to convention, be sure to add in airfare, transport to & from the hotel, hotel room, food, tips, taxes not already added to rates, and any extra entertainment or events you might take advantage of.

 

Start now! 

 

Don’t wait until January 1st or until your team leaders start talking about your company’s convention coming up in a few short months.calendar

Make your plans to attend the very next convention. 

 

If your company’s convention is right around the corner, and you don’t have enough time to budget your money, then start planning for the next year’s convention. 

It is never too early to start saving money…$50—$100 a month seems much more doable than looking at the total cost.

 

I have always heard that after a person attends convention, they come home and work their business with such enthusiasm, drive and focus, that their business booms.

So, get crackin’ and I’ll see you there on deck!

Believe In Your Success, I Do!
Karen
mentor.karen.j.miller@gmail.com 

Posted by on December 3rd, 2010 No Comments

When An MLM Dumps Its Distributors

Those of us active in MLM are burning up our keyboards in response to the news that iLearning Global has shut down the MLM part of their business.

 

Whenever something like this happens, it sends shockwaves through the Network Marketing community.

Hundreds of thousands of people depend on operating a low start up home based business, like those found with a multi level marketing or direct sales business.

We are single mothers, stay at home moms, working dads trying to make ends meet, students, retirees, anybody going after the American Dream.

It is frightening for us when an MLM company shuts down or ends their MLM program.  Overnight thousands of people can lose their checks, whether they were making a couple hundred a month or 10s of thousands a month.

 

It is tragic for everyone.

 

Network Marketing is still a sound industry.  There is a lot of money to be made by anyone willing to be educated, coached and committed enough to put forth the effort and time required to succeed. 

Part of the learning curve can be shortened in respect to learning how to evaluate an MLM opportunity.

cartoon-vulture-nasty-review-hurtful-writer

If you’re in MLM, you need to be willing to treat it like a serious business opportunity.  This means learning skills like the 5 Pillars to Success. 

The 5 Pillars are tools you can use to evaluate the stability of an MLM company. 

  • Learn how hard you will have to work with a company’s pay plan.  Can a part-timer make satisfactory income?
  • Learn what clauses to look for in the Policy and Procedures that do not have the distributor’s’ best interest at heart.
  • Learn what else to look for in the company’s management experience and product.

 

In just a few short hours, Mentoring For Free will be having a free teleseminar on the 5 Pillars.

For access information for the 9 pm EST call tonight, March 20th, please email mentorkaren.freetrainingoffer@gmail.com .

If you miss the live call, send me an email requesting the link to the recording of the call to mentor.karen.j.miller@gmail.com .

 

Believe in Your Success, I Do!
Karen

Posted by on March 20th, 2010 No Comments

Time Management for the Home-Based Business Entrepreneur… Part 2

 

 

Everybody knows, we all have the same 24 hours in every day…no matter where we live in the world.

Now that you have tracked your time expenditures and set up your Daily Activities chart, let’s look at a few of the ways we spend time on our business and personal activities.

One of the biggest time consumers I’ve encountered is email. I send and receive email to & from various sources: family, friends, business contacts and personal business. It doesn’t sound like a lot, but I got to the point of feeling swallowed alive by correspondence.

Here are a few tips I’ll share with you that helped me tame the wild email beast.

First

I set up different email accounts for the different groups of people I interact with.

Your Internet Service Provider should provide you with the ability to create several email addresses. I use Comcast & they offer 7 additional accounts.
If you have a website, your web hosting service allows you to create several email addresses as well.

Another option is to use a free service such as Gmail or Hotmail. These services are less likely to ban mass emailings (such as you what you would receive from your MLM company).

Additionally, the emails are stored on their servers & never downloaded to your computer, which can protect you from harmful viruses. This is handy in the event your computer crashes since your addresses & saved emails are on their server.

 

Here’s how I’ve done it…

I’ve kept my original Comcast email for family and friends communications and personal business.
I use my email from my cattery website, www.kadokits.com, for all communications with my “cat” friends, cat Yahoo groups, and cat related business.

For my MLM business and Mentoring For Free, I opened up a Gmail account. I use this email address for the online sites I use for business activities like Direct Matches, You-Tube, and Facebook.

I have been able to prioritize my use of time interacting with my emails much more efficiently now.
Each day, as I review my schedule, I choose which email categories I can spend time on & how much time I can spend on each.

 

Next

Set a time limit for yourself and stick to it! If you’re getting too many “fun forwards”, ask people not to send them to you, or make a decision to delete the unread ones every week.

If you love those “fun forwards”, be sure to delegate a set amount of time every week for reading those. Likewise, be sure to set aside time for non-business emails with family and friends.

Always look at the value of spending the time on emails.
You can’t read everything in depth…learn to skim for the essentials.

Most people get very excited about the training and teaching we offer for free at Mentoring For Free, but some don’t.

Wishing you a Lifetime of Success!
Karen

Posted by on December 11th, 2008 No Comments

Get Adobe Flash playerPlugin by wpburn.com wordpress themes