Is network marketing a residual income business opportunity?
In today mlm training, I would like to discuss this hot topic.
Is network marketing a residual income business opportunity?
Last Saturday during the 5 pillars to success presented by Mentoring For Free Michael Dlouhy stepped on some toes which pissed off lots of people.
I decided to open this discussion because it is a major issue for success in network marketing. If you are measuring success as having the financial freedom and time freedom a.k.a you are getting a fat check regularly even if you stopped working, then you should be in a company that allows you to retire!
Seems obvious, right?
Most network marketing companies and ‘opportunities’ do NOT represent residual income business opportunities and they do not allow you to retire!
You are shocked. Dr K did get shocked himself when he stopped getting his check with orenda international as soon as I took a break.
You may make lots of money with these companies but the check will stop as soon as you stop working!
How the heck this happened to me and may happen to you?
How network marketing companies steal your check legally
?
1- Breakaway in compensation plans:
Breakaway broke my heart ![]()
This is the small trick that they have in their compensation plan that they forget to mention to you in their hype presentation. They told you they have the greatest revolutionary compensation plan! At least that’s what I heard from them and their integrity.
Dr K will give you the exact example in orenda international.
“They have lots and lots of breakaway to steal your check. I will describe the two major ones that I am aware of!
- If you are not sponsoring a ‘manager’ or selling $2.000 worth of products monthly, you get paid NOTHING on your downline - nada - zippo!
When I took a small break, my check stopped, I got paid $0.00 dollars on 3 thousands dollars volume monthly from people I introduced them to the company and the products.
-The compensation plan is the typical old compensation plan called: “Stair Step breakaway compensation plan’ where only couple of people gets paid the big checks and the rest fall in the breakage!
In this particular company, you never get paid on any downline below the third level unless your group is selling products for more than a whooping $25,000!”
If your company compensation plan is a stair step breakaway compensation plan, then forget about any network marketing success unless you are a ‘red’ personality.
2-Policies and Procedures
Most network marketers are completely ignorant and sign those policies and procedures without reading them, they get excited that they are getting rich without analyzing anything.
Dr. K was guilty of doing so with orenda. He say, “I got smarter now, lol.”
Ok. What poisons they add to the policies and procedures so they steal your check legally?
-Ongoing or continuous sponsoring and sales
They will tell you very obviously, that ‘you must have ongoing or continuous sponsoring and sales independent from your position in the company’ - ‘you must have ongoing supervision to your downline’
Dr. K actually removed this phrase almost exactly from the policies and procedures of a major nutritional company with great products that boost the immune system. The products are great but obviously, you are not allowed to retire here!
Some of orenda products were great but this was a sales business not a residual income business opportunity
I remember Jim Rhon saying on one of his Cds, read the policies, take your time, don’t sign too quickly. He tells a story about him missing the word: continuous that cost him 250.000$ (one quarter of a million dollars for missing one word)
- The company has the right to terminate the distributor with or without any reason!
That means that if the company needs some money and you are making a decent check and you are not working anymore, they will kick your ass so they pay for their cars and homes ![]()
You signed it, right?
Why would you think they have this phrase for?
Go and check this ‘new’ and ‘hot’ opportunity called Beontop and see for yourself the policies and procedures.
-The company has the right to cancel the compensation plan in 30 days notice
That means when the company decides to get rid of the distributors they can do and the check is gone with the wind.
This junk makes me depressed.
Feel free to give me your opinion and comments on this post.
What would you like me to write about next?
residual income business opportunity
Free mlm training tips and secrets
mlm network marketing training
March 23, 2006 on 5:05 am | In Network Marketing Secrets, residual income business opportunity | 2 CommentsMLM Secrets - Are you swimming against the flow?
In today’s MLM training, I would like to share with you one of the MLM secrets that you must understand in your network marketing business.
Presented to you by Mentoring For Free
You should follow your personality type doing the business and not change your personality.
Let me explain. I did talk to two people this evening.
Both ladies are ‘blues’: that means they like to have fun, they are open and direct.
One of them is very successful in her business and sponsoring people everyday.
The other is struggling big time and getting depressed!
The successful lady is in a travel business and she is having fun doing the business! No wonder she is able to sponsor people. She will never stop working in her MLM and she will never quit!
The other lady is struggling big time and why?
Because her upline and her network marketing company ‘leaders’ told her to chase her friends, family and cold call her neighbors.
What is she getting? Rejection and Pain!!
If you are following my posts I have discussed with you that #1 lesson you must teach your distributors is: Rejection Free Prospecting!
If your distributors are having fun and they are not stressed out, they will stay with you for hundred years even if they don’t make money!
Forget this piece of the puzzle; your distributors will get plenty of pains and rejection. No wonder they quit. Your distributors will never want to talk to anyone anymore, they are going to hide in the closet; their self esteem is in the mud. Then they will tell you that MLM is just a scam!
Do you understand where this objection is coming from?
Did you remember also in prior post how crucial is the self esteem in this business?
How do you expect to be magnetic with poor self esteem?
What is the purpose of sponsoring people if they keep quitting on you?
Where is the duplication? Are you duplicating the pain!
Feel free to comment and give me your opinion.
What would you like to read about next?
Is your MLM sick?
residual income business opportunity
Free mlm training tips and secrets
March 22, 2006 on 4:13 am | In Network Marketing tips, Network Marketing training, Network Marketing Secrets | No CommentsMLM secrets - How to spot a leader
One of the MLM secrets is Time management.
We all have 24h/day! That’s the most expensive asset you may ever have.
I am going to tell you some paradoxical thoughts.
I will not sponsor anyone anymore if I don’t see them as a leader.
I made the mistake long time ago of sponsoring one person. I wasted hours and hours on the phone with her and she ended up doing nothing!
Those guys who keep joining a company after a company, and they do not take the time to learn, grow, and analyze your company and they just want to join. They will waste your time and effort and then they will find some scam deals in the future, or some other shitty companies pre-launch and other B.S. companies that promise them ’spill-over’
Before you waste your valuable time, you should sponsor only those who deserve your time.
How to spot then a leader who deserves your time?
This is one of classic Big Al secrets: Ask them to read a book!
Leaders are readers: this is universal.
The way I generate leads for my business is by offering a free e-book to download, if this person doesn’t download this e-book and read it then he is not a leader and I do not want to waste my time with him.
You can use this trick to test your current team members to spot who are the real leaders that you want to spend your time with! And you will see that those readers even if they were not making any money they will grow and become very successful in the future.
Please comment on this post and give me your opinion.
What would you like me to write about next?
residual income business opportunity
Free mlm training tips and secrets
March 6, 2006 on 2:53 am | In Network Marketing tips, Network Marketing Secrets, residual income business opportunity | 4 Comments
Powered by WordPress with .
Entries and comments feeds.
Valid XHTML and CSS. ^Top^





