Friday, November 6, 2009
The Five Pilars Of Success In Network Marketing!!!
How many of you have decided to join a network marketing company after getting all excited about the compensation plan only to be let down after a few months of hard work and no results??? This seems to be an all too common occurrence within the network marketing industry and is one of the reasons network marketing is looked down upon as a whole. Our mission on the Green Light Business Team is to change all of that. We want to clear up all the myths and "gray areas" around network marketing companies and provide people with the knowledge needed to make an informed decision when deciding which Network Marketing company to work with.
THE FIVE PILLARS OF SUCCESS IN NETWORK MARKETING
As with anything you pursue in life, if you don't build up a solid foundation, you will never get the chance to truly see how high you can soar. Specifically with Network Marketing, there are 5 main pillars that hold up the foundation you will be looking to build off of. It is essential that all 5 pillars are present. Otherwise your foundation will not be as strong as you need it to be to truly maximize your potential in this industry:
Pillar #1: Company- When looking at a company, there are a few major questions you will want to ask. First you will want to know how old the company is. If the company has been around for a long time, you will want to check how much positive cash flow that company has annually ( I will cover this in more detail in the TIMING pillar). You also want to be looking at how the leadership is structured in the company, Is the CEO advised by a board and corporate staff or does he have the majority control of the company (this has led to the unfortunate re-structuring of many comp plans in companies with greedy CEOs). You will also want to find out if the company is publicly traded or not. If a company is publicly traded, they will have to follow even more ethics guidelines as "share holders" are involved.
Pillar #2: Product- When looking at a product, the first major question to ask is if the product is CONSUMABLE? Think about it, if a good product is consumable, people will want to keep ordering it every month. This is what creates the long term residual income. If the product is not consumable (i.e. pots and pans, knives, vacuums) then you become a salesperson constantly looking for more people to sell to. You then spend most of your time selling instead of helping your downline achieve their financial goals. Look for a product that will help people ( specifically in the health and wellness field. I will cover this in the TRENDS pillar as well) After finding a consumable product, check the uniqueness of that product. How many juices, super supplements, and special berries are there? I prefer to stay out of the juice wars and go for a more unique approach. It is also important to find a product that can stand behind its claims. The product should have either clinical trials or peer reviewed studies on the whole product (not just the individual ingredients). People don't trust third party validation.
Pillar #3: Trends- Over the past few years the health and wellness industry has exploded with interest. You cant walk down an isle in the grocery store without finding 20 items that are promoting the anti-aging or antioxidant properties found in that product. Economist Paul Zane Pilzer predicts that the health and wellness industry will be a TRILLION DOLLAR market by the year 2010. Why is this good news for the network marketing industry? In 2008 the first of over 75 million baby boomers began to retire. These "baby-boomers" spend 2 out of every 3 dollars in circulation in the US. People in this age group (40-60) are constantly looking for 2 things. 1 is better health and 2. is financial security after retirement. With the right network marketing company, you can offer them both.
Pillar #4: Timing- Most of you probably understand the importance of timing when it comes to network marketing. Yet I am still seeing people sign up with 20+ year old companies and wondering why they aren't making any money. Now I'm not saying that it isn't possible to be successful with an older company, but you do miss out on the explosive growth most companies go through within their first few years. As I mentioned earlier in the company pillar, if the company has been around for a few years, it is worth looking into their annual cash flow. Once a company reaches 50 million dollars a year in sales, which comes to about 4 million dollars a month, they tend to hit major exponential growth on what is known as the business "S" curve. this is when a large amount of the company's income and memberships grow in a really short rate of time. If you are able to position yourself "ahead of the S curve" in your business, you can experience something really special.
Pillar #5: Compensation- The compensation plan is what gets most people excited about network marketing. Yet notice how I have listed it last among the 5 pillars. Too many people get excited about the compensation plan and what they COULD make. So they sign up without really understanding the company they are joining or the product they are offering. That being said, If the company you are looking at getting involved in has passed up to this point, You may be on the right track. When looking at the various comp-plans out there, you should look for one that will reward you both short and long term. I mean one that will pay you weekly and monthly. Many companies do this with a fast start bonus and a monthly bonus pool. The comp plan should also have a unilevel payment. This is where your long term residual income will be coming from. One of the most important bonuses to look for is a matching bonus. In a matching bonus, you are paid a percentage of your downline's unilevel check ( this encourages everyone to help their downline) the deeper the matching bonus pays the better. I also recommend looking for a leadership bonus. This is where top distributors of the company can earn a percentage of company profits. Some of the publicly traded companies offer stock options as well. Other companies offer different rank rewards like vacations or cars. I would recommend going with a comp plan that includes at least five of these but definitely has the fast start bonus.
I hope this helps you analyze and determine which network marketing company to join. Or at least gives you some questions to ask at the next "opportunity meeting". Here at the Green Light Business Team, we are confident we have found the perfect sweet spot (see video below) in the network marketing business with LifeVantage. But don't just take my word for it. Test it out yourself and see how it fits into the "Five Pillars of Success In Network Marketing" system. Good luck to all of you!
Seize the Day!!
Richard A Hyatt IV
Co-Founder of the GreenLight Business Team
520-307-5153
http://www.theantiagingtruth.com/rhyatt
GRNLIGHT2009@gmail.com
Wednesday, October 28, 2009
Monday, October 26, 2009
Join Us
Friday, October 23, 2009
Thursday, October 15, 2009
Monday, October 12, 2009
Friday, October 2, 2009
EVERYONE SHOULD BE TAKING THIS
Protandim is your best defense against the ravages of time.
Thursday, October 1, 2009
Louisiana State Peer Reviewed Study on Protandim
Here is the link to the LSU Peer Reviewed Study. I have posted the abstracts below.
Abstract Top
Oxidative stress is an important contributor to cancer development. Consistent with that, antioxidant enzymes have been demonstrated to suppress tumorigenesis when being elevated both in vitro and in vivo, making induction of these enzymes a more potent approach for cancer prevention. Protandim, a well-defined combination of widely studied medicinal plants, has been shown to induce superoxide dismutase (SOD) and catalase activities and reduce superoxide generation and lipid peroxidation in healthy human subjects. To investigate whether Protandim can suppress tumor formation by a dietary approach, a two-stage mouse skin carcinogenesis study was performed. At the end of the study, the mice on a Protandim-containing basal diet had similar body weight compared with those on the basal diet, which indicated no overt toxicity by Protandim. After three weeks on the diets, there was a significant increase in the expression levels of SOD and catalase, in addition to the increases in SOD activities. Importantly, at the end of the carcinogenesis study, both skin tumor incidence and multiplicity were reduced in the mice on the Protandim diet by 33% and 57% respectively, compared with those on basal diet. Biochemical and histological studies revealed that the Protandim diet suppressed tumor promoter-induced oxidative stress (evidenced by reduction of protein carbonyl levels), cell proliferation (evidenced by reduction of skin hyperplasia and suppression of PKC/JNK/Jun pathway), and inflammation (evidenced by reduction of ICAM-1/VCAM-1 expression, NF-κB binding activity, and nuclear p65/p50 levels). Overall, induction of antioxidant enzymes by Protandim may serve as a practical and potent approach for cancer prevention.
Citation: Liu J, Gu X, Robbins D, Li G, Shi R, et al. (2009) Protandim, a Fundamentally New Antioxidant Approach in Chemoprevention Using Mouse Two-Stage Skin Carcinogenesis as a Model. PLoS ONE 4(4): e5284. doi:10.1371/journal.pone.0005284
Editor: Joseph Alan Bauer, Cleveland Clinic, United States of America
Received: February 11, 2009; Accepted: March 20, 2009; Published: April 22, 2009
Copyright: © 2009 Liu et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Funding: The Skin Cancer Foundation. http://www.skincancer.org/ The funders had no role in study design, data collection and analysis, decision to publish, or preparation of the manuscript.
Competing interests: The authors have declared that no competing interests exist.
* E-mail: yzhao1@lsuhsc.edu
For more information about Protandim contact me at 520-307-5153
or E-mail me at Hyatt_properties_llc@yahoo.com
For more clinical proof visit:http://lifevantage.com/protandim-clinicalproof.aspx
Featured on ABC Primetime Live
How to Choose A Network Marketing Company
There are many things to evaluate before getting involved in a network marketing company.
1.PRODUCT- Network Marketing is an amazing business opportunity that can produce outstanding earning potential. Yet if there isnt a strong product, it instantly makes it more difficult because u become a salesman. The product should be consumable so that your downline will want to purchase it via autoshipment each month. If the product isnt consumable, you also become a salesman (how many sets of knives will u be able to sell to the same person?). The product also needs to be relevant and must be able to stand by its claims. (Alot of juice MLMs use third party validation as opposed to true clinical trials and peer reviewed studies)
2.COMPANY- You want a company that has a strong product and strong leadership that understands the network marketing industry.
3. TIMING- This is where my main objection to alot of the "Juice War" companies and ancient MLM companies is. Although they may be stable companies, they already past what is known as the pioneering stage of the business "S" curve. Typically if you are among the first 135,000 members of a network marketing company it is considered a "ground floor" opportunity. Most companies I have seen have past that number a long time ago. Im not saying its impossible for people to be successful with these companies today, it just takes longer. If you can get involved with a company before that company is making $50 million dollars a year, its easier to capture some of the exponential growth that happens once that company begins to really take off.
4. TRENDS- Right now there are two major market trends that favor health and wellness oriented network marketing companies. Currently 2/3 of the people in this nation are between the ages of 40 and 60 yrs old. These "baby boomers" spend 2 out of every three dollars that go into circulation. Most people in this age range are looking for better health and a way to retire. Network marketing gives them the option to do both. Additionally, we are in a down economy with a high unemployment rate. Therefore more people are looking for different ways to make money.
5. COMPENSATION- This is one of (if not) the main reasons people get involved with MLM companies. You want to look for a company that can provide you with quick income to cover your initial overhead as well as long term residual income and bonuses. Ones to really look for include matching bonuses as well because your sponsor will be even more motivated to help you succeed.
If you are open to hearing about a 5month old company (Timing) that pays out 60% and has a matching bonus, leadership global bonus, fast start bonus, fast start bonus pool, unilevel that pays down 9 levels, stock options, and personal rebates (compensation) and has products that have been included in over 20 university clinical trials, 4 peer reviewed studies, 3 patents, and has been featured on ABC Primetime Live (Product) and has a corporate leadership team that includes top members from previous companies in the industry, some of which were involved in starting another well known network marketing company up and breaking all of the previous industry records within that company's first year in business, and is also one of the first publicly traded network marketing companies (Company) That follows the health and wellness trend that is predicted to be a multi-billion dollar industry (Trends), let me know. Anyway, If you are open to hearing about this opportunity (there are currently just over 5,000 members in the US and we expand into Mexico on the 21st of this month. They already have plans of going to Japan next year as well). Call me at 50-307-5153 or email @ Hyatt_properties_llc@yahoo.com. We are looking for 5 to 10 leaders to launch southern Arizona. The company is called Lifevantage. Check out their website at www.mylifevantage.com/financialfreedom
Wednesday, September 30, 2009
An American Creed
I do not choose to be a common man
Network Marketing: Scam Scheme or American Dream? You Be the Judge
Anyone who has looked into owning a home based business has undoubtedly come across Network Marketing at some point. Why is it that those two words spark such a heated debate? Why has Network Marketing received such a negative view? When asking people this very question I usually get three or four common answers. "Network Marketing is a scam", "Only the people at the top make money", "Its just another pyramid scheme right?", or "I had a friend that tried that once and they didn't make any money". Notice how most of these answers are more like statements. After getting this response I ask another simple question "Why do you feel that way?". Occasionally a few people will recount personal experiences with a company like Avon or Amway. Others will simply say that that's what they have always been told about network marketing. My next question to everyone would then be " If it such a scam, why would some of the smartest investors in the world be endorsing Network Marketing as a system that allows middle class people to achieve upper class wealth." (or as I mentioned in my previous post, a system that allows people to move to the right side of the cash flow quadrant). Investors such as Donald Trump, Warren Buffet, Robert Kiyosaki, and George Soros all endorse Network Marketing.
Tuesday, September 29, 2009
Financial Lemmings
Albert Einstein put it best when he gave his definition of insanity. He said, "Insanity is doing the same thing over and over and expecting different results". Yet although many people are struggling financially or are living comfortably but find their financial situation to be stagnant, having such a rough time getting out of the rat race and onto the fast track towards financial freedom? The answer is simple but most people don't want to hear it. You cant solve tomorrows challenges with yesterdays methods. Robert Kiyosaki breaks our economic classes into four quadrants. On the left side you have employees and the self employed. On the right, Big business and Investors. This is where the 90/10 rule comes into play. On the left side of the quadrant (the employees and self employed ) is where 90% of the people are. Yet this group of people only makes 10% of the money. On the right side of the quadrant (big business and investors) is where the remaining 10% of the people are. Yet they make 90% of the money. Which side would you rather be on? Most people would agree that financial freedom is achieved on the right side of the quadrant. If that's the case, why aren't more people on that side? Because people are following the same old school ideas that their great grandparents used when it comes to personal finance. They are taught to go to school, get good grades so they can get a high paying job and climb the corporate ladder. Then save their income, maybe invest in some high yielding mutual funds or stocks and flip a few houses. I can tell you exactly why these ancient strategies have almost become obsolete in today's economy.
Who Stole The American Dream?
Saturday, September 26, 2009
Thursday, September 24, 2009
Financial (Mis)education
There is a frightening truth about our educational system. No its not the declassified ingredients of last weeks sloppy joes being served once again as "leftovers" in the school cafeterias. Its a much more surprising fact. Its what schools are (or more importantly aren't) teaching kids about financial education. While English, Math, and Science are required courses, Personal Finance is either not required or not available. Instead, children are taught how to be competitive in the job market but not how to handle the money they are being taught to earn. This sets them up for lives of debt and a difficult financial future. What is even more disturbing is the lack of instruction on how to make money for themselves. They are taught to learn the skills that are necessary to work for someone else but don't learn how to make money for themselves.
David Bach
A different kind of "Change"
In the past couple of years we have all heard more predictions about the world and U.S. economy than we can remember. Over the past year especially, we have heard many different opinions about how to protect and grow our nest egg during our current financial crisis. Should we invest in real estate? Has the real estate bubble actually burst or has it been deflated? How about precious metals? Gold Bullion was trading at a record low a few years ago (well under $800 an ounce) and has since gone back up. With the current decrease in the value of the dollar, is Gold or Silver Bullion the true way to invest in my retirement or future financial security? How about a home based business? What about investing for capital gains or cash flow? The stock market has been steadily going up since march so the market must be turning around right? Are we on our way out of this "recession" or is the worst yet to come?