Current Trends

MLM Opportunities – Does It Matter For Success?

Are  you in the situation where you feel MLM opportunities are starting to blend together? Or are you the other type of person who feels there is  only ONE other mlm opportunity that could possibly be the right choice for a sustainable future?

MLM Opportunities - Great But Not The End All

If your new to the industry one of the critical things to understand about building a business with all of these great MLM opportunities is that there is probably not just ONE that can do it for you. The industry has opened up and has been better regulated to have multiple business types and services to allow for a rep to prosper in many different ones. It's not like there is that one that could solve the main issue of - making money MLM opportunities are vehicles. If you understand that many are great, some are good, and others are plain trash you will get the idea that you just need to partner with the ones that fill your needs and move on from there. Too many reps get too caught up in the perfect one and instead of building anything they join they keep searching for the pot of gold. This is a mistake and why so many fail. MLM opportunities need to treated like a vehicle to make money and that there will be a certain few that you could definitely put your name behind and you would be more than happy to buy the product or use the service. MLM opportunities are like any other business model in that it will take time and money. (more…)

By Lawrence Tam, ago
Blog

What Ninja Assassin Taught Me About MLM Opportunity Payment

What did Ninja Assassin teach me about choosing a MLM Opportunity? I know right? What the heck does ninjas, smoke bombs, guys running around pajamas, throwing stars, nun chucks, and hired assassins have to do with choosing a MLM Opportunity? I’m not saying Ninja’s in the movie or even in real life, if they exist still are the most savvy business people but after watching the movie Ninja Assassin staring Jeong Ji-hoon also known as his stage name Rain. To take a tangent, I think it’s pretty cool a Korean pop singer/dancer can come into a film called Ninja Assassin and look and feel the part. Well, take away the fact he can slice people in half yet he only sustains flesh wounds is another subject altogether. I’m not here to tell you the movie is worth seeing, it is, but from while watching this action packed movie I didn’t expect to come away with anything besides being entertained by the sight of reliving my childhood dressed as a ninja for Halloween for many years in Elementary School. Another tangent, I thought I was freaking cool that my brother and I were the only kids in our school that had ninja outfits. Not just regular ninja outfits but a full set one white and one black that were custom made, thanks mom! We had the fake plastic nun chucks but then realized they made foam padded ones and it was only a matter of time one of us was crying from beating ourselves over the head swinging one or heating each other. Oh good times. (more…)

By Lawrence Tam, ago
Mindset

MLM Downline and What It Means To Be Rich

I guess it depends on where you are financially. To some people, being able to eat out regularly makes them rich, while for others, a hefty bank account can only make them wealthy.Then there are the select few like myself that believe being rich really isn't a huge amount but being able to generate income monthly to cover all expenses. This means your monthly income has a major role to play in this. While $2,000/monthly would suffice for some, others would need at least $4,000 a month to see them through. Some have their house paid off and others would prefer to always have a newer car around. [caption id="" align="alignleft" width="240" caption="Warren Buffet Wealth"]Warren Buffet Wealth[/caption] Even if you have $500,000 in savings, say you’ll need $4000 a month; let’s see where that leaves you assuming you get no interest on savings. My calculation shows your savings will be fully used up in just ten and a half years. When family expenses, kids care, education, wedding and medical emergency enter the scene, you’ll find out that you’ll need much more than $4000 a month. Even if you were to put the $500,000 in a 3% interest bearing account that really won't help you. So, to be "rich" you would need money coming in when your not actually at work. By this, I don’t mean the yearly vacation time you get. Being rich means being able to manage without having to use up your savings when you take 6 months off from your work. This is possible IF you had a healthy MLM Downline pulling you some serious residual income. There are obvious differences in the amount you’d need depending on your location; in Texas, you could get a decent house for as low as $200,000 while in the West or East coast, you’d need twice that amount. So obviously you can't live on the same monthly passive residual income. Similarly, all MLM opportunities are different; don’t be fooled by businesses that look tempting and promise incredible incomes. (more…)

By Lawrence Tam, ago