Guidelines for starting a network marketing business.

jacobwh — Mon, 06 Oct 2008 19:56:18 +0000

1. Look for a product that has true market value. Many products have no market relevance outside of their distributors. Working with such companies will be limiting, and disappointing as you realize that the product has no relevance outside of the business opportunity. If you feel 100% comfortable marketing the product and never recruiting, than you have likely found a product that has true market value.
2. Understand that being successful in MLM is difficult. The success rate of any independent career is low. However, MLM recruiters often portray their MLM as being overly simple. Oversimplifying the MLM business is a common practice for recruiting new associates. The new associate then is confused and frustrated when the business does not proceed as they had originally imagined. Following this realization the associate quits and write off MLM as a scam. Realize now that an MLM business is going to take alot of work, especially if you have never owned a business or sold products before. You will be required to find your own customers, and”’ convince them of the value of your product.
3. Be wary of upfront costs. Many business have upfront costs of inventory and new business material, however an MLM business is not a retail store and should not require you to store or stock products to sale. Although there is some value in trying and using the product yourself you should not be required to do so. Do not allow yourself to be pushed into committing ridiculous amounts of time and money into your business and told that not doing so will completely undermine any potential for success. On the same hand realize that investing no time and no money in your business will surely result in failure.
4. Find a like-minded and successful mentor. The less experience you have, the more important this is. People make money with MLM with a variety of different techniques, so it is important that you find the method you are most comfortable with. Finding someone you know and can trust as someone with your best interest at heart is very important. Also knowing that your mentor is truly successful and not just posing as successful to recruit you is very essential.
5. Check with the better business bureau. Check the bbb.org for complaints about the company or potential scams. Realize that large companies will have complaints but you should understand the nature of the complaints.
6. Have a plan. Before committing to the business have a business plan read to execute to start making money soon. Marketing solely to your friends and family is not a good plan for success. A marketing plan should include a plan for acquiring new prospects, and converting them to customers.

I, Jacob Hiller am the author of this article, Guidelines for starting a network marketing business, and I release its content under the terms of the GNU Free Documentation License, Version 1.2 and later.

Pre-paid Legal as an Independent Career

jacobwh — Mon, 06 Oct 2008 18:15:33 +0000

Summary:

Pre-paid Legal can be excellent opportunity for an independent career. A great product and compensation plan combined with the clout of a publicly traded company and many well known and respected supporter can help counter the stigma of being involved in a network marketing company. A strong product makes this opportunity function independent of the recruiting potential. As with any independent career finding the right mentors who are willing to truly invest in your success.

Prepaid Legal Services Inc. Highlights

Pros

A product that has value outside of a business opportunity.
Publicly traded on the New York Stock Exchange
Over $100 dollar commission on a $30 sale.
True residual from customers.
In business for over 30 years.
Direct sales or network marketing.
State of the art tools and training.

Cons

Pre-Paid Legal associates are known to exaggerate how easy it is to market the company product.
Pre-Paid Legal has been under legal scrutiny for allegedly fudging numbers on financial records to make the company appear more sound.
Whereas in other countries the “pre-paid” concept is accepted, their is still skepticism in the US.

Product Info

Watch this company overview of the product.

Pre-Paid Legal Services Inc. provides legal plans for individuals and businesses, as well as Identity Theft Protection. This may not seem exciting at first, however, the true dream is to equalize the justice system. Pre-Paid Legal plans allow member to have unlimited access to legal advice as well as other benefits such as:

1. Free will preparation
2. Free court defense
3. Free defense in traffic violations
4. Unlimited consultations – Business advice, legal advice etc.. (over the phone)
5. Access to AV rated law firms in each state
6. Legal letters written on your behalf
7. Identity theft restoration services

Business Overview

Watch the company business overview.

Watch the Pre-Paid Legal recruiting video.

Commission Overview

Pre-Paid Legal Services Inc. markets their legal and identity theft protection program via the direct sales and network marketing structure. The company and it’s representatives recruit and organize direct selling efforts in exchange for upfront and residual commissions. Pre-Paid Legal Services Inc. pays an advance commission on service plans – one year worth of monthly membership commissions are paid upfront. Canceled memberships are simply removed from the next paycheck (PPLSI will not reach back into your personal account). After the first year a percentage of each membership is paid to you as a residual commission. Independent representatives also earn additional commissions by recruiting other associates and training them in direct sales. Commissions for recruited associates are earned on “overides” or bonuses given to the recruiting representative for sales earned by recruited assoicates.

Want more information?

Interested in considering Prepaid Legal Services Inc. as a part time of full time career? Let us put you in contact with a qualified mentor. Fill out the form below, and we will have a representative contact you.

[contact-form]

I, Jacob Hiller, am the author of this article, Pre-paid Legal as an Independent Career, and I release its content under the terms of the GNU Free Documentation License, Version 1.2 and later.

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