MLM Home Based Business Work From Home Opportunity

There are various work at home business options; one of which is the mlm model or network marketing. In spite of the industry being a $31 billion dollar industry, mlm is dogged by an image problem. Let’s look at a mlm home based business work from home opportunity to see it is a viable option for you to make money from home, which I’m guessing is the main reason you are reading this article.

About MLM

Direct selling or MLM or network marketing (you pick the name you prefer) is a business model that offers entrepreneurial opportunities to individuals as independent contractors to market and/or sell products and services, typically outside of a fixed retail establishment, through one-to-one selling, in-home product demonstrations or online. Compensation is ultimately based on sales and may be earned based on personal sales and/or the sales of others in their sales organizations.

Direct sellers may be called distributors, representatives, consultants or various other titles. They may participate in various ways, including selling the products themselves or through their sales organizations, providing training and leadership to their sales organizations, referring customers to the company, and purchasing products and services for personal use.

MLM Companies

There a thousands of companies operating under this model. Some are country specific (eg Malaysia only) whereas others undertake global expansion and stretch into many countries (eg Herbalife is in 80+ countries).

In choosing a MLM home based business work from home opportunity, size might be one criteria that you would want to look at. The DSA (Direct Selling Association) recently release the Top 20 Companies in the US (alphabetic order)

  • AdvoCare International, LP
  • Ambit Energy
  • Amway
  • Arbonne International, LLC
  • Avon Products, Inc.
  • CUTCO/Vector Marketing Corp.
  • Herbalife
  • Isagenix
  • LifeVantage Corporation
  • Mary Kay Inc.
  • Melaleuca, Inc.
  • Nu Skin Enterprises
  • The Pampered Chef
  • Scentsy, Inc.
  • Stampin’ Up!
  • Stream Energy
  • Take Shape for Life – Medifast
  • Team Beachbody
  • Thirty-One Gifts
  • USANA Health Sciences, Inc.

As well as size these companies have longevity especially Amway starting back in 1959.

MLM Products

MLM companies offer an array of products from health, technology, beauty, legal services, energy and much more. There is a product here for everybody to market. While I believe it’s preferable to market a product that is consumable, there are success stories in every company. You choose what product you prefer to market.

MLM Compensation Plans

There are numerous ways a distributor is compensated in a network marketing company. These plans include unilever, breakaway, matrix, binary and a hybrid of some of these plans. To get a better understanding of these plans, have a look at this post http://mlminsider.com/main.php?/compensation_plans

Can You Make Money?

Most people will not. That’s not the fault of the company or the products because with inside every company there are thousands of success stories; both income and product testimonials. To improve your chances of mlm home based business work from home success, here’s 3 simple rules to improve your chances:

  1. Pick A Company And Stay. Choose a company based on your own preferences of product, size, locality etc and decide to stay with that company until you become a success. Too many people are lured by a new option and leave only to find that their new business isn’t firing and perhaps they are the reason for their failure and not the company or it’s products. If you look at the top industry earners you’ll find a majority have been with their company for a long time. Remember the story of the tortoise and the hare. MLM success is the same.
  2. Talk To People. While there are many ways to connect with people ( email, social media, advertising etc) those who are the most successful in the industry speak to their prospects. There’s no getting away from it. The rest is just avoidance behaviour.
  3. Be A Company Advocate; Use The Products. You need to believe 110% in your company and the industry. You will be bombarded with words like ‘scam’, ‘pyramid scheme’ and ‘is this Amway’. If you don’t have 100% conviction, you’ll falter and you won’t be a success. A personal way to get conviction or belief is to use your company’s products and get a result. Nobody can take that success away from you. If your belief in the network marketing industry needs boosting watch the Evolution of Network Marketing on YouTube.

A MLM home based business work from home opportunity can be a viable option to have you quit your job and to make money from home. The success of which relies 100% on you.

How to Overcome MLM Challenges – Multi Level Marketing Tips For Success

There are plenty of helpful tips available to help you overcome your MLM challenges. In my opinion most of the challenges we face in MLM are avoidable but only if you start off on the right path. When I am faced with a challenge in my primary opportunity its usually around developing new techniques for marketing, lack of customers, or lack of money. As business owners in the field of MLM we are faced with difficult challenges but they aren’t unlike those that any other business owner faces. We do face different challenges because of the nature of our business but if you plan for the unexpected and have a vision for the day-to-day operations of your company you’ll be able to thrive in your business.

Every day businesses are birthed around the world within a dynamic and formidable marketplace where only the toughest survive. If you are in the network marketing industry you know that our environment is particularly fickle and can be a tough training ground for the almost 25,000 people that join Multi-level marketing business everyday in the U.S. and the 95% that fail within their first year.

Most people join network marketing companies not recognizing the importance of having a vision for how their business will grow and function in its infancy. There is concept that many large corporations use to lead their work on a daily basis and I think that it can be particularly effective for network marketers. Its called Strategic Planning. Planning is not a new concept to business corporations but it might be to those that don’t know about its extreme effectiveness for providing a roadmap for any business for periods of 6-months, to 3 years, to 20 years.

By understanding the importance of this process and the questions that go into taking you through it, you can gain a better sense of preparedness for your company’s growth. As someone new to this industry you need as much structure in the beginning as possible to understand how to plan and set and meet your goals. By taking the first step in this process you will exhibit your commitment to your business and your leadership for your organization.

You have to believe in something yourself first, before you can get others to believe.– Ashraf Seddeck, Oracle Corporation.

What does your company do?

What product or service do you provide?

What is your mission statement?

What are your company’s values?

What is your plan for your first 30 days, 6 months, 1 year?

What are your weaknesses/strengths?

How will you market your business?

Who is your competition?

What might be challenges that prevent you from reaching your goal?

What is your plan to grow your business over the next 12 months?

What is your plan for recruiting for your business?

What resources do you have to build your business?

What is your budget for your business?

What does your organization look like and what types of people are your recruiting?

What actions are you taking on a daily basis to build your business?

MLM Training – First Timers MLM Training Guide For Network Marketing Success

My first day in MLM Training!

I was both excited and nervous because I had just completed my first “NDO” or New Distributor Orientation with my Millionaire upline from Taiwan. He had joined Amway more than 10 years ago, became a Diamond in Amway but quit later and switched to Nuskin. He became a Team Elite Million Dollar Earner in Nuskin and now I believe he has made over 10 million US Dollars in MLM.

My upline said, “This business is very simple. All you need are these 4 pieces of paper!”

“Hmm!” I was kinda skeptical, yet I had to believe him because he is successful.

So he dug out a few pieces of paper from his pocket and started writing down on the whiteboard.

1) 2 Important Concepts:

i) Long Term Thinking

ii) 100% Duplication

“Ok! the first important concept in our training today is to have LONG TERM THINKING!”

Then he started to explain about why MLM or Network Marketing is a long term business just like any other traditional business, minus the problems of traditional businesses like employee problems, logistics problems, management issues etc! which are all handled by the MLM or Network Marketing company.

All you have to care about is “Building your network of distributors around the world”.

“Give yourself the next 1 to 2 years to build a solid network of distributors around the world and you will become the owner of a multinational network that generates solid income for you every month, even if you are sleeping in Singapore and others are still awake in Japan.”

Now that sounds really exciting to me!

The next 1 or 2 years all my friends would still eating textbooks for breakfast in university, while I would be building my pipeline to early retirement.

And so I did exactly that, I told myself, “For the next 1 to 2 years, I will give 110% to my network marketing business!”

2 years later in 2003, my network grew from Singapore to Malaysia, China, Indonesia and I had customers from as far away as Japan, Taiwan and Hong Kong!

So that is exactly what YOU MUST DO too, commit to give yourself at least 1 to 2 years to build your business!

Have “LONG TERM THINKING!” and treat your network marketing business like a real business!

Important concept number two, “100% Duplication”.

“Duplication is the key to success in network marketing, however to quote this example!

1 x 1 = 1

0.9 x 0.9 = 0.81

0.8 x 0.8 = 0.64

0.7 x 0.7 = 0.49

0.6 x 0.6 = 0.36

0.5 x 0.5 = 0.25

and so on!

If we are to put that in percentages as in 100%, 90%, 80%, etc! it simply means that the less you duplicate the successful system that your upline taught you, the less your chances of success!

Well, that seems to be quite logical to a certain extent.

McDonald’s uses franchising to expand their business around the world and if you notice McDonald’s will always maintain its brand capital “M” and colors “yellow and red” theme in their fast food restaurants from USA to China and even Russia.

The system is 100% duplicated across the globe.

Once you understand this concept, you realise that you should trust your successful upline and use the system they are using to achieve success.

“Do not reinvent the wheel unless it’s to make it more efficient!”

Every network marketing company or organization should have an efficient and effective duplication system that everyone in the organization can copy easily to achieve their own level of success in the business.

“Ok, so follow my successful mentor and I will not go wrong! I get the message.”

“Do you?”

Then my millionaire upline wrote on the board,

2) Why 100% Duplication?

i) To avoid unnecessary mistakes

ii) To have a stable network

3) How do you duplicate 100%?

i) There are 3 steps you must go through,

Learn; Do; Teach

ii) There are 3 elements of the Support System that will help you as well,

Successful Leaders; Events; Tools

“Your aim in this business is to first be a good student, then become a good teacher and finally become a great leader!”

“First you must be willing to leave behind all your baggage from your previous job or business and have a BACK TO ZERO mentality, so that you can start on the right foot and we can guide you in the right path towards success!”

“After that, once you have reached a certain level of success in the business, your role switches to teaching, guiding and leading your team towards their success!”

Thus, the 3 steps to success in your MLM business is to first be able to go back to zero and start learning the ropes, then lead by example and take action to achieve success, before finally teaching others to do the same.

While you play a vital role in your own business, your company or organization should have a proper support system that provides you with a number of successful upline or sideline leaders who are already successful.

These leaders act as mentors to keep you on the right track and lead you in the right direction. They are very approachable, willing to help you learn and overcome difficulties that you will meet along the way.

There should be regular company or organization level events which cover training sessions, motivational rallies, experience sharing and company meetings ranging from small team gatherings to big hotel meetings.

The bottom line is, network marketing or MLM is still a people business and people since the dawn of time, need to gather together regularly.

“Just like a piece of red hot burning charcoal in a flaming bon-fire, if you take out that lone piece of charcoal and move it away from the bon-fire, what happens to that lone piece of charcoal?”

“It starts to cool off!”

“What happens if you put it back into the bon-fire again?”

“It heats up again and helps the bon-fire to continue burning brighter than before!”

This is the rule of survival in MLM or Network Marketing.

“Meetings and events are where people re-charge. Small meetings create small decisions. Big Meetings create BIG DECISIONS”.

Finally, any solid network marketing or MLM company must have powerful marketing tools that help the distributor share the company’s message easily with anyone they can come into contact with.

“You can’t win a battle without guns and bullets!”

Similarly, you can’t win in network marketing without the proper tools.

Tools refer to things like a company magazine which explain everything about the company, products, pay plan and system clearly and simply to the person who you pass the magazine to.

Tools refer to things like an audio CD that anyone can play in their car or listen to at home with a CD/Mp3 audio deck and have one of your top successful leaders present the business opportunity to them while you wait to make a follow up call the next day.

Tools refer to things like a Video DVD that anyone can play in their DVD player at home or on their laptop/desktop computer and again have a top leader present the business opportunity to them professionally.

Tools refer to things like a website that combines the contents of the magazine, audio CD, Video DVD and your personal contact information into an ALL-IN-ONE online information resource that runs 24/7 everyday, never sleeps and does all the talking and presenting for you while you are sleeping at home!

All these tools and more which I can just keep on listing will dramatically simplify, automate and duplicate our efforts a thousand times more than what you can do alone.

Your role in the business is just to LEVERAGE the tools and “PASS THE INFORMATION” onto as many people as you possibly can every single day.

“Can you learn how to pass a CD or DVD to a potential distributor or customer?”

“Can you learn how to pass a magazine to a potential distributor or customer?”

“Can you learn how to give someone your namecard with your website address on it?”

“Heck, nowadays with email and text messaging on your mobile phone, all you have to do to start the business is email or text message your website address to everyone on your contact list and invite them to check out your website and your new business!”

“Now that’s what I call simple duplication!”

Point Number 4!.

4) 8 Daily Habits

1. Show the Plan

2. Share the Products

3. Listen to a training audio

4. Read a recommended book

5. Report your progress to your upline

6. Invite a guest to a weekly event

7. Use the products yourself

8. Add a new name to your list

Now, as in Stephen R.Covey’s best-selling book “The 7 Habits Of Highly Effective People”, if you want to become successful in network marketing fast, you have to change your daily habits to become highly effective and highly efficient.

A successful network marketer must not only expand his social network constantly, you should devote a lot of time to personal development and growth.

1. Show the Plan:

Show someone a Video DVD or magazine and explain that you are looking for business partners and the DVD or magazine explains your business proposal in detail.

2. Share the Products:

Show them a sample of your products and explain the unique value and benefits it brings to the consumer.

3. Listen to a training audio:

Listen to training audios to upgrade your knowledge about the company, products, pay plan and the duplication system.

4. Read a recommended book:

Read books that will upgrade your personal knowledge and help you grow as a leader.

5. Report your progress to your upline:

Call your upline every day to update your progress. If I’m your upline and I do not hear from you in a week, I know that you have not been taking action. On the other hand, if you let me know how many people you have called everyday, I know that you are making progress or doing something wrong that needs to be corrected.

6. Invite a guest to a weekly event:

If you have local events and presentations, make sure to leverage them by inviting your prospects to attend these events. 3rd party testimonials and justification are always better than your own.

7. Use the products yourself:

Network marketing is like sharing a good movie that you watched with your friend and telling them that they should watch it too. So if you do not use the products yourself, how can you possibly share your experience or views with anyone else?

8. Add a new name to your list:

If you are depending on your family and relatives to succeed in network marketing! good luck to you. Although I have seen network marketers who have great and supportive family members, personally that did not happen to me! My experience is that most of my best team members are people who are outside my family circle. So learn to make new friends every single day and find like-minded people who will join your business and your team.

So there you have it, the 8 Daily Habits that you must adopt to achieve success FAST in your MLM or Network Marketing Home Based Business.

So think about it, “What do you really want? I mean, what do you really, REALLY WANT?”

If you really desire greater wealth, better health and more freedom, “JUST DO IT!”

Action speaks louder than words!

Good Books on MLM – Some Recommendations For You

The top money makers in MLM are voracious readers.

But of the thousands of home business, MLM prospecting, and MLM team building books available, the following five books stand out.

When you’re ready to take your network marketing business to the next level, commit yourself to reading at least one of these good books on MLM within the next 30 days.

My Top MLM Book Recommendations

Leading the way in popular books on MLM is Go Pro, by Eric Worre.

Eric made a name for himself in the network marketing industry with his free marketing strategy videos. There are literally hundreds of them you can watch at his website, or on popular video websites. Just search for “Eric Worre Network Marketing Pro.”

As for his book, Go Pro is an A-Z guide to network marketing, written by a man who has proven himself in the marketplace. Whether you’re a newbie to the business, or a seasoned veteran, make this book a part of your personal development library.

Another book written by a seasoned pro is Your First Year in Network Marketing, by Mark Yarnell.

Mark has been in the network marketing business for a long time, and his prospecting and team building ideas are time tested and proven.

The biggest takeaway for me in this book is how Mark coaches you to deal with rejection and overcome objections.

My Top MLM Motivational Book Recommendations

The most inspiring book I have ever read on the power of building a residual income in the home business industry is The Parable of the Pipeline, by Burke Hedges.

Burke tells a simple story of two peasants who land a contract to supply water to their village. One of the men devotes himself to carrying buckets from a river to the village fountain, while the other decides to build a pipeline from the river to the village.

The story is a parable about trading hours of labor for a wage, versus building an automated source of residual income. It’s a quick and entertaining read that will change the way you think about how money and wealth is earned.

Another classic book to read in this genre is Think and Grow Rich, by Napoleon Hill.

This book has been on the marketer’s “Must Read” list for decades-for good reason.

Napoleon Hill wrote this book in the early 1900s and bases his lessons on in-depth interviews and observation of the wealthiest men in America at the time.

Among the many valuable lessons in this book, Napoleon Hill claims having a definitive purpose is the greatest factor in your quest for financial success. This book is so wide read in the home business industry, many of his lessons have become part of the language of success.

My Favorite Attraction Marketing Book Recommendation

Finally, if you’re looking for a way to prospect and build your network marketing business outside the traditional “warm market” manner, you need to read Mike Dillard’s book, Magnetic Sponsoring.

Mike’s basic premise was that MLM prospecting and team building is a lot easier when you are talking to people who are already “sold” on the idea of building a network marketing business. Mike illustrates how these prospects can be found using social media, blogs, article marketing, and other free or low cost online strategies.

Mike no longer makes this book available, but you may be able to find extensive articles and excerpts available online. That said, this book has been revised and republished as the Attraction Marketing Formula, by Ferny Ceballos.

What Percentage of MLM Companies Are Disreputable?

The key objective of collaborating crowdfunding with DNB MLM software is to catch the attention of a large fraction of individuals towards the MLM business without investing a lot of money.

Crowdfunding primarily focuses on pre-launching an MLM business that is looking to extend its awareness through crowdfunding groups. The upcoming MLM companies are pre-launching with a crowdfunding platform for effective involvement of the public. This is made possible by collaborating crowdfunding with Multi Level Marketing. The collaboration allows all the contributors, no matter how big or small they are, to have a crowdfunding web page of their own.

How crowdfunding works

The process includes three stages:

Venture Plan

In this stage, a basic strategy for the venture is formulated. An elementary plan, the objective and projected cost of the venture are determined during this stage. The majority of the crowdfunding ventures are founded on contributions as it holds better chance to effectively drive additional funds.

Venture launching

In this stage, the designed venture is introduced to the public requesting them to contribute funds. This stage marks the endorsement of the venture on online and offline platforms.

Fundraising

This is an important stage for a fund raising company. Here the essential funds are raised from a group of people or individuals.

Difference between MLM and Crowdfunding

The latest trend combines the two most crucial business structures – MLM software and crowdfunding. Crowdfunding involves registering a new member in side or downline expansion. Unlike MLM, here a downline member (new member) is introduced or added through crowdfunding platforms. In this arrangement, a new entrant is not ‘literally’ added but he/she becomes a part of the crowdfunding venture with his/her share contributed to the venture. Usually, there is no fixed initial cost for a crowdfunding venture, but sometimes, they may ask for 3 to 5 percent of the fund as a fee. The venture managing company raises the finances from the public; therefore, introducing the venture to more number of people increases its probability of success. The success of a crowdfunding platform depends on the genre of the venture. Generally, the ventures involve some charity programs that generate social awareness. The benefit of such ventures is that they get support without any endorsement tools, and a greater number of individuals will be willing to contribute to this charity program thereby, making it bigger and better in terms of profit.

In most of the crowdfunding MLM companies, participants can pay one time or monthly subscription fee to access a ‘special’ platform with an adaptable web page in which to generate their venture. After the venture page is generated, a participant can earn money by referring other individuals to the company. In some crowdfunding MLM companies, you can earn remuneration from successful referrals even if you don’t utilize the platform or raise funds for a specific venture.

DNB combines MLM software with crowdfunding to make MLM businesses more effective and established. Owing to its simple plan and uncomplicated features, it inspires more people to join and become a part of a charity project. DNB MLM software is capable of boosting MLM businesses efficiently.

Crowdfunding requires a bunch of people who want to earn big in a short span of time. Each person donates a few funds to receive lots of money for their efforts. Crowdfunding is completely effective with MLM business plan, where top MLM leaders can begin their independent crowdfunding business with their own set of networkers who donate a small amount to get lots of funds in return from crowdfunding business.

How can crowdfunding impact ventures in a wrong way?

Undeniably, crowdfunding has transformed the way business owners organize and raise funds for ventures. A large number of people are willing to invest in ideas that haven’t been turned into real products yet. Crowdfunding has emerged as a powerful mechanism for business entrepreneurs who want to launch newer consumer products. Some campaigns are quite appealing and are inspirational but raising funds through this mechanism has received so much attention that sometimes, people tend to overlook its harmful effects. In situations when some ventures are able to raise huge funds and fate or career of a large number of people relies on the month-long campaign, not every venture can end up the way people expect. There are many ways in which crowdfunding can negatively impact the venture development landscape. Here are some scenarios worth a mention, where crowdfunding can impact ventures in a wrong way:

First come, first serve

More often than not, crowdfunding obliges the groups who approach first to launch their venture rather than the groups who conduct proper research before developing a quality product. When a team develops a product within a company, it recognizes its potential of reaching a sizeable market, so they undergo a more meticulous design screening procedure. Seeing that the success of crowd funded ventures cannot be confirmed right from the launch, companies can’t do much to equip them for success. Since sponsors invest their funds upfront before the product actually turns into reality, extra design attention is given to grabbing the attention of prospective crowdfunding groups rather them contemplating about the utility of the venture.

Launching too many ventures

Lowering the entry barrier can result in too many ventures racing to be launched one before the other. This implies that there will be just too many ventures awaiting their launched that is crowds the platform, making it difficult for your venture to stand out. There may be different companies or groups working on extremely similar ventures and launching them on the same day, even without knowing about one another. This will result in a big loss for either of the companies who worked hard to turn their ventures into a reality.

Unrealistic ventures may get funds

Unlike feasible ventures that are considered as boring, unrealistic products often get funded as they seem more interesting, just like videos that go viral all over the internet attract more viewers than a practical proposition should. Looking at the list of crowd funded ventures; one may question the applicability of the product. Surprisingly, many industrialists who attempt crowdfunding have discovered that it distorts product development to focus on an affluent section of society who have disposable income to spend on ventures or products that are yet to be launched in the market. Leaving aside a few reasonable and mass market products, crowdfunding emphasizes on sophisticated and expensive ventures.

Potentially hazardous and unlawful venture may get support

When popular companies create a new venture or service, they put in a lot of effort to ensure the safety of the venture before releasing it to customers. Usually, a panel of advocates will verify if the product conforms to all the rules and intellectual property rights. Whenever it seems doubtful that a campaign will succeed, the creators are persuaded to address to all the problems that might crop up later. However, several products that approach the crowdfunding platform with huge funding goals are either unsafe or may attract legal troubles when they come in the market.

Autonomous product development

Sometimes, crowdfunding raises funds to launch non-specific products. Only a handful of entrepreneurs can establish the need of the customers and therefore, use their expertise to come up with a unique solution to a problem by designing a neat venture, distributing it in the market and keep on developing the product. However, customers may ignore these fine distinctions of venture development and go for the gaudiest gadget that happens to resolve the most pressing issue they have. One of the best ways to discover about a new venture is to have it recommended to you by other people who have used the product and loved it too. The probability of such an occurrence is quite bleak with crowdfunding as the majority of ventures are still hypothetical.

Crowdfunding indeed has its benefits, but there are implications that accompany this method that often go unnoticed. The companies should be conscious of the ways these platforms influence how a venture may be developed, targeted, and promoted. DNB MLM new venture development designs and concepts are based on a correct analysis of consumer desires, needs, and expectations. A company launching a new venture concepts and promotion systems must suitably position the venture to create interest among its distributors. The MLM Crowdfunding strategy is gaining popularity among current business scenario across the world. An individual can begin his/her own crowdfunding company and earn millions in a very small period of time. DNB offers the best online crowdfunding MLM software to operate and manage crowdfunding business.

A Review of the Top Three MLM News Articles

Multi-level marketing – commonly known as MLM – is constantly changing. It is adapting to a world on online sales and the Internet, making it easier for direct sellers to get the word out about their products and business.

It allows them an almost free way to advertise and it provides current information on trends, tips, tricks, and techniques that people in the business use to make their business a success. MLM news is just as important for businesses as anything else because it is here that you will find out about legislation changes, business problems, and new start-up companies.

Three of the best MLM news articles dealing with direct selling issues. One set of articles, ‘The Ten Big Lies of Multi-Level Marketing’, is a detailed series explaining how the business model of most MLM companies is flawed. These articles were originally hosted on the website Pyramid Scheme Alert.org, a site dedicated to helping people recognize organizations that are running illegal schemes and other direct selling information.

Unfortunately, this series of articles do not seem to be available unless they are in the archives. If that is the case, there is no search capability and you will have to spend the time to find them. There is also a great deal of information on that website and it is worth your time to peruse what is there.

The second article of the best MLM news is one that is hosted on Quatloos. Entitled ‘Federal Trade Commission’s “Bottom Line About Multi-Level Marketing Plans”‘, this article covers everything you need to know about spotting a bogus selling plan and how to stay away from it. It provides a nice list of facts and points to watch out for when you are researching the company or companies you are interested in getting involved with.

Keep in mind that it takes work to build any business, including a direct marking one, and that anyone promising you that you’ll be on the road to riches when you get your start-up kit really has no idea what they are talking about. The article strongly advises that you research the company thoroughly.

And lastly, another article hosted by Quatloos that focuses on MLM news is the ‘IRS Agent Pleads Guilty in The Tax People Case’. This news write up discusses the case of Thomas Steelman, Sr., a former IRS agent who promoted a bogus direct selling company called The Tax People. Supposedly this company was fabricating home based business deductions in a tax pyramid scheme. In a four year period, Steelman defrauded people out of $100 million dollars.

This is the kind of information anyone that is involved with a direct selling operation needs to keep on top of. By reading MLM news, marketers and customers alike will know which companies are in trouble, which companies are legitimate, and which ones to completely steer clear of. No matter what type of business you are involved in, it is always advisable to do your homework and research everything and anything you can.

Also, remember to be honest in your advertising and marketing. If you fell a product you are selling isn’t working as well as the main company says, do the right thing and warn your customers about it instead of leading them astray. That road leads to many problems.

Starting Your Home Based Business With MLM Prospecting and Generating Leads

Starting your own home based business can be hard, never easy. You always need money to pay your bills, and things just don’t happen for you very easily in terms of getting unique visitors, them turning into leads, converting those leads into prospects and then actual clients, and then enrolling them into your primary business. All of this while trying to pay your bills. It’s hard for a person whether they are single or whether they have a big family to support so I won’t talk about that. What a lot of people don’t realize is that business expenses are 100% tax deductible, but that doesn’t make it free, especially if you’re not earning any money. So most people that start with a home based business do so while having a job or do so from savings as a big investment.

They are many types of home based businesses and most of them, I mean besides the kind that are there for stuffing envelopes, require the use of a telephone or more often the computer with an internet connection. All home based businesses pay you for how much processing or prospect conversions that you do.

This is especially true with a Network Marketing or MLM home based business. So how do you get your unique visitors to come to you? How do you turn those unique visitors into leads? How do you get them as prospects who are interested in your company or product? And, how do you actually enroll them into your business as a client? That’s when they are now in your boat asking these exact same questions. Questions that you, like I will have to answer for them.

So the first step, getting unique visitors is usually the most easiest thing to do, specifically you must invest enough money into marketing. But how much does it cost, and are you marketing in a specific niche that is interested or caters to your product or service? Once you find your target niche, after that you have to worry about your competition. So how do you stay ahead? Well, it’s really up to you. And I’m going to try to help you as much as I can.

First of all, what is a niche market? A niche market is composed of individuals and businesses that have similar interests and needs, which can be readily identified, and that can be easily targeted and reached. Finding a niche for your business means finding a great product or service for a highly targeted audience. An example of a niche market is women teenagers clothing, or boys clothing, or catering for needs of the elderly.

A great tool is ranking on Google for free, and I have a few tricks up my sleeve which I won’t discuss in this article and am saving for my personal team. Another great tool is pay per click advertising using overture, word tracker, or my favorite, Google AdWords. This is where you can find a specific keyword term with less than 300,000 results that you can actually compete in. Of course pay per click marketing is very expensive, and seldom people can afford this at first unless you’re already making money with your online business. But to find a good keyword phrase with little competition use Google’s, Google AdWords: Keyword Tool. Just Google that phrase on Google and you’ll find it.

But before I get into more trends, I have to establish that if you’re going to have an online business, what you need is a lead capture page and an email auto-responder so people can subscribe to your newsletter and it helps you keep track of your leads. Now if your great with computer technology you can get a very affordable domain name with GoDaddy and host it for less than $4 per month using HostGator but then you have to really understand html and create a programming environment where every time someone clicks somewhere on your page that, that information is tracked, stored, and processed using some type of program environment tool. Most people that have a home based online business or are interested in having one are not savvy enough with computers, much less savvy when it comes down to html and especially programming. Things like cgi scripting, perl scripting, php, asp, java, java scripting, etc. What most people need is a capture page that already has everything set up and running for you. A capture page that lets you sit back, relax, and see exactly what is going on with your online campaign. This isn’t going to cost you $4 dollars per month. If you want all these tools available to you you’re going to have to find something a lot more technologically practical, useful, convenient, sound, and concrete; and yet still at an affordable price. Say for under $50 per month? I personally recommend this site. It’s called lead system pro and it automates a lot of or all of the things necessary to effectively host a web capture or lead page and allowing you to track your visitors and doing a whole bunch of other cool things, basically also giving you a back office where you can manage and edit your site and content without any knowledge of html or web based programming. You could also take advantage of a whole bunch of Web 2.0 applications that are all free and link them into your capture page. Applications such as youtube, MySpace, Facebook, twitter, and more are covered in the tutorial section with step by step video guidance in lead system pro. The company also has recorded webinars or phone/computer seminars that are pre-recorded that you can watch or listen to so you can take examples from what others already know and apply it to your own site(s) and business and market that way.

You’ll also need some type of advertising that you can do about every 3 days or so in order to get consistent traffic coming to your site. I know about two services which cost about $200 each for 1 year and I think that, that is a great offer. It comes down to advertising costs of about a little over $16 dollars per month each, and lead system pro shows and tells you about these great non-spamming email list advertising programs. So you can learn a lot of information from that website, and I highly recommend it. It costs about $1 for a 14 day trial, where all other similar hosting sites only give you a 7 day trial for the same price, and probably offer a lot less. They also offer you a bunch of affiliate programs that you can sign up for on other websites to generate money from each lead whether or not they join you in your primary business or not.

Now I know I’m talking about a lot of upfront money here just for a capture page and advertising, but if you decide that you want to join my team, I’ll share with you ways to do marketing and generate 20 leads per day guaranteed and all for free.

But for now, let’s get back to more trends. How do you turn those unique visitors to turn into leads? Leads are people that opt-in or sign up for your newsletter, an interested market, that put in their real name, email, and phone number and automatically get put on your auto-responder newsletter. If you’re worried about the auto-responder newsletter, don’t be, lead system pro has all of that built in and taken care of so you don’t have to write a thing to your list unless you want to. Once a person is a lead, there’s no cold calling, no hunting people down, no convincing other people or telling them about your business. These are people that are already interested, so they are called your warm market. What that means is that they’re open to you, what you have to say, and what you have to offer. But although I’ve told you what a warm market is and what a lead is, I never explained how you turn those unique visitors into these leads.

Simply put, to turn a unique visitor into a lead requires original content. Just like you’re reading my article now, or watching one of my videos on YouTube, you need to be descriptive, creative, and unique basically coming up with a marketing formula or system that brands you instead of your company. That is what makes people interested in what you have to offer them. People are not generally interested in buying into a company. People are more interested in leaders so what they will usually do is sign up with the person that offers them the most value. And that person, that leader, is going to be you. And I’ll show you how.

You need to create Your own unique selling position – study your competition to find out what they emphasize about the product which makes them stand out from the crowd or their niche that you want to compete in. Then decide on something that will make your business unique from the others. It could be something unique about the product, the service, or you, or you could choose a more highly defined target market. You need to build and promote your web site – to develop a profitable web site for your niche product you need to create a number of informative pages that will not only attract visitors from the search engines, but inform and move them to purchase from your site.

Define Your Purpose – Without a clear purpose for your site, you will not know where you are heading, for example, to help small business owners attain a presence on the web to sell their product or service. Now, write down the statement of purpose for your web site. Go over it a few times to make sure it is crystal clear, then write an article and/or make a video. Otherwise your unique visitors will be trying to figure it out for themselves.

Realize many others may be competing to sell the same product. Focus on something unique you may have to offer, that stands out from your competitors. If you are setting up a company, make sure it is a reputable company with a good track record with lots of help available from others involved, such as your upline, partners, coaches, mentors, etc. Don’t recklessly jump in – you will waste a lot of time and money. This is the number one reason, why many entrepreneurs give up so quickly and basically fail.

You have to have to put on your customers shoes. Make a thumb nail sketch of this person – who is your customer? What is his/her wants, needs and worries? Try to understand what makes them tick. Then you can understand what gain you can offer and what worry you can solve. This is the only way to gain trust or confidence in your customer so that they will buy from you in a very competitive market.

Develop your product that addresses one or more of these needs. Always refer back to your thumbnail sketch as you write for your site. Elaborate on the points that fit your product and what it delivers. As you start writing, new ideas will naturally emerge, but always keep them focused on your targeted customer so you won’t go off the track of what your customer wants. Remember, to sell to your customer you have to have their wants and needs in mind.

Maybe you have seen the ads, “Get 10,000 visitors to your site, for only $20”. Wow, you think, that’s a great bargain, I’ll go for it. The result – 10 people visiting your site and no one buying. What do you do?

Write Your Copy to Sell – When you begin to write the copy for your site, always stress the benefits. Develop a theme for your site that focuses on this benefit and don’t stray from it.

Also, make your customer want to click through to the next page or click through to your order page.

Now, that you have identified your targeted customer and written copy tailored to solving your customers’ problems, you will no longer lose those that you have driven to your site.

More realistically put, to turn a unique visitor into a lead, as mother said, you only get one chance to make a first impression – and that’s the one that sticks. What she didn’t say was that when it comes to web sites, not only must it create a good impression, it must be effective.

Your web site has two choices. It can choose to sit quietly in the corner like a wimp, or it can engage with visitors, make contact, and do business. Not much different to a real world encounter when you think about it. If you have something to offer, you either go out and tell people about or sit home and get ignored. And guess which web site does more business – the inactive wimp or the pro-active go-getter?

But there’s a problem. To interact online, you have to have some way of establishing contact with your visitor. Most importantly, finding out who they are, what they need and when they need it. With lead system pro, on your capture page they have a form where people put in their name, email, and phone number. This is what you need to contact the person and truly find out their needs.

Let’s get one very common misconception out of the way. However good it is, don’t expect your web site to sell your organization, your product or your service immediately; it won’t.

Using the Web is called browsing for a reason. Visitors are browsing, not shopping. But be it on the Net or in the local shopping mall or store, people do see things that catch their eye while browsing [aka window shopping]. They do ‘come in’ and ‘look around’. They may not need what you have at the moment. They may not even be able to afford it right now. But they are interested or they would not have ‘come in’ and browsed around. Your web site’s critical task is to ensure that when they can afford it or when they do need it; they know exactly where to find your web site – easily and quickly. But how do we achieve that?

I use the term pro-active. To me web sites that just sit there and wait for visitor requests or signs of interest are re-active [aka: wimps]. They do nothing until poked by the visitor. Pro-active web sites poke the visitor – in the nicest possible way, of course! It is vital your web site finds a way to engage your visitors again in the future.

You must always give in order to receive. The better quality you give, the more you receive. It is a universal law of nature established long before the Internet or probably even the dinosaurs. Provide a *quality* ‘something’ to you visitors in exchange for the ability to contact them. Then treat this exchange with the care and respect it deserves and, sooner or later, that visitor will become your client. It may take days, maybe months, but sooner or later, when they have a real need of what you provide, they will come to you and ask for it – guaranteed. You won’t have to sell it. They will want to buy it.

A good example of this is building that email list and writing articles for your leads to read on a weekly basis, sort of like a newsletter, adding value and insight, not just promoting what you can do for them but also helping them to solve a want or need as well.

Thousands of people may visit your site every day. This is totally futile unless you help them to help themselves. Help them remember you by offering articles, newsletters, RSS feeds, Blogs, Videos or whatever does it for you. There are many avenues you can choose from. Whichever you choose, don’t just have your web site sit there in the corner looking pretty – and doing nothing. Make it work for its living.

You invested time, effort and probably money in putting your website up. Make it earn its keep – it owes you that. Ensure it greets the visitor, what you do, have plenty of attractive and useful content, but above all else, ensure you make all efforts to get your visitor’s calling card/email address before they leave your web site.

I think by now you’ve got the general idea. We’ve also covered how do you get them as prospects who are interested in your company or product.

The last step is, how do you actually enroll them into your business as a client? Well we’ve covered that as well, and with a system like lead system pro it is all automatically done. Your content, your brand/image, and what you put into your site will make the browsers actual shoppers.

MLM Sponsoring – Are You Irresistible?

MLM Sponsoring is About Making Yourself Irresistible

With millions of network marketers worldwide and the industry growing by 150,000 new distributors every week, how do you make your mlm sponsoring more effective? The answer is simple…”Make Yourself Irresistible.”

How do you make yourself irresistible you may ask, and that answer is also actually quite simple…”Look at what everyone else in the network marketing industry is doing and do the complete opposite.”

I know that may be contradictory to what you may have been taught so just bare with me for a second……

MLM Sponsoring-Factors to Becoming Irresistible

If you’re still reading I want to say “Congratulations”! I’m congratulating you because I know that if you grasp what I’m about to share with you about MLM sponsoring(and most importantly implement it), I guarantee that you will begin to sponsor new distributors effortlessly.

There are certain factors that are essential to you becoming irresistible to your prospects, and they are Intrinsic and Extrinsic Factors. Intrinsic Factors are things that have to go on inside of you and Extrinsic Factors are things you can do in the physical world to create a situation where prospects being magnetically attracted to you is a normal thing.

MLM Sponsoring-What Are These Intrinsic & Extrinsic Factors?

I’m going to keep this short and sweet because I tend to get very long winded when talking about the subject of mlm sponsoring because it’s the most important skill set to have in network marketing and I’m very passionate about it. You can know all the product knowledge, know the comp plan inside out, know all the SEO tricks or whatever but if don’t develop these factors you’re building on sand.

Intrinsic Factors- Remember, these things have to go on inside of you.

#1 Be A Person With Vision: No where you’re going and you’ll get there a lot faster. Most people don’t know where there going in life that’s why people are willing to follow someone with a clear vision. “See The End From The Beginning!”

#2 Be A Person With Passion: Passion alone is Magnetic!! Believe in your message, product or service and carry it forward.

#3 Be A Fearless Leader: Lead by example and understand that F.E.A.R isn’t real. Fear is the main thing that keeps people from being successful in mlm sponsoring. F.E.A.R is only False Evidence Appearing Real! “Remember that courage isn’t taking action in the absence of F.E.A.R. Courage is the ability to still take action in the presence of F.E.A.R.”

#4 Be A Teacher & Trainer: Take everything that you learn from research, mentoring and experiential; synthesize that information and pour it into others to help them shorten their learning curves. “If You Can Do A Thing, You Can Teach A Thing!”

“You don’t have to be a “GURU” to teach. You only have to be 1 chapter ahead of the rest of the class.”

#5 Have Clarity: Know who you’re going to serve, because it’s all about service and adding value. Most importantly, you have to be crystal clear about who you are and who you want to be to who you are serving.

#6 Practice Relentlessly: Mastery is Key and they say it takes 10,000 hours to master a particular area. Have the mindset that the job is never over. You don’t have to be perfect but always Strive for Excellence. The best athletes and entertainers are those that stay up late and wake up earlier mastering their craft. So if you want to master the Art of MLM Sponsoring, you have to practice relentlessly.

#7 Become A Master Marketer: This is very important because 97% of network marketers, unfortunately, don’t know anything about marketing. Most companies train their distributors to go recruit their warm market(friends & family), and when they’re done with that they are discouraged and quit because of rejection and the lack of knowledge of how to effectively talk to new people about their business.

#8 The traditional method of mlm sponsoring has worked in the past and still works but if you can teach your team how to generate quality leads on and offline, through attraction marketing, that puts you in a league of your own.

#9 Know The Numbers: This is part of the process of becoming a Master Marketer. If you understand the Law of Averages and track your marketing, you can then be more scientific in telling your team what they have to do to get certain results.

Quick Example: “Every 10 people you show the Plan, 3 are interested and 1 actually makes the investment.” Now you and your team can set more practical goals.

Home Based Business Idea – MLM With Online Marketing

There are several ideas for a home based business that you can implement. In this information, a business idea is presented that have been implemented mostly by stay-at-home moms and entrepreneurs that had provided them with their source of living. In fact, some of these home based workers had earned their first million with this business idea. This business idea is being a distributor of MLM combined with the power of online marketing.

MLM with Online Marketing

Multi-level marketing is a big industry with various companies starting every year. You can start a business with a small capital and work at home part time. With the MLM business model, you likely start as a distributor. As a distributor, the best way to expand is to tap the power of the internet and market your products and business online.

The income of this type of business comes mainly from the sale of the product. You can also get recurring income from the signup of new distributors. From your signups, you can propose strategic funded propositions for expansion of the business later as you build relationships.

The best method to be successful with this type of business is to stand out from the crowd. Instead of using the replicated websites provided by the company, establish your own brand with the use of a personalized website or blog. This will position yourself as an expert in the field of your choice. This will certainly provide value to your prospects.

You can learn email marketing and build relationships with time. One secret of most successful people in the MLM industry is that they never sell the business opportunity. They wait for the bigger commitment to the business when relationships are already built.

In this type of business, there are several elements and skills that need to be mastered. For one, the techniques with internet marketing should be mastered. Secondly, you should also offer a genuine offer that provides value to your prospects. Be sincere and never fabricate something from thin air. Your prospects will eventually know and you will lose business down the road due to bad reputation.

You have to understand that people do not like to be sold but they like acquiring things that are of value. You just have to provide value by positioning yourself as an expert in the field. This will create credibility and will build your reputation as your business grows.

Take action and start your own business as MLM distributor. You can start small and take your business to the next level with the right opportunity and the sincerity to help people.

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