Home Based Network Marketing Business Review:

How You Can Leverage a MLM Home Based Business To Build A Residual Income That You Can Retire On! The Scam Theory Put To Bed.

Network Marketing Opportunities

Everyone has heard of them. They are called network marketing companies. Everyone has had a friend that has approached them with a network marketing “business opportunity” and asked them to “attend a meeting”. These MLM companies and the people who market these services and products seem to be just a little bit off the reservation at first glance. However, I think that there is quite a bit more than meets the eye with a handful of these network marketing companies when you look at their solid track records, and notice how much market share they have in the world’s top trillion dollar telecommunication industries.

The MLM Opportunity And The Power of Residual Income

Let’s pretend that we own a multi-billion dollar company, with a 20+ year track record, that is intimately involved with direct sales of telecommunication and energy services. The idea and the power behind the MLM business opportunity that exists, is very simple. This company is a world leader in telecommunication services, and they offer a host of them, including but not limited to, Satellite TV, Internet, Voip Phone, Merchant Services, Home Security, as well as electric and natural gas services.

The magic starts to happen when you look at the compensation plan, or in other words, when you look at how you get paid! The opportunity presents itself with the Independent Business Owner essentially becoming a telecommunications broker who has the ability to offer services from top companies such as; Verizon Wireless, DirecTV, Dish Network, Century Link, Cox, Time Warner, etc… the MLM opportunity gives its business owners the ability to market services that people already use everyday. The trick is showing people how a service can solve a problem, which is most often being able to save the consumer money on their monthly bills, and then inserting them into the billing cycle to take advantage of work that they did one time, in exchange for a residual paycheck for the lifetime of that account.

Every Time Someone Pays Their TV bill, You Get Paid!

Think about it! You can have the opportunity to network market DirecTV and the NFL Sunday Ticket to a million American Men who will do anything to be able to watch their favorite teams every Sunday, and you can get paid every month when they pay their bill. This creates a stream of income that will pay you multiple times over just for doing the work of landing an account only one time. This is called residual income and it rocks! This is the secret that only the super rich people know, and they are trying desperately to keep the lid on this one.

Let’s apply the same residual income stream model to natural gas and energy. Everyone who lives in a developed nation is going to be using and paying for electricity and natural gas for the rest of their lives. Wouldn’t it be absolutely amazing if you could get paid every time your neighbor paid his natural gas bill? How awesome would it be if you could go buy a brand new suit every time the local casino paid their electricity bill?

10,000 Credit Card Swipes Per Second Across The Globe! Merchant Services Have Arrived! How Can You Profit?

Last but not least, we should take a quick look at one of the most recent and exiting additions to the MLM arsenal of services that these companies offer to their reps for network marketing; merchant services. As home based business owners, we probably do a lot of business with local mom and pop shops on a daily basis. We also probably prospect and present our MLM opportunities to people in small café’s or local coffee shops. How great would it be if we could make some money ever time someone swipes their credit card at one of these places? What if we knew a business that did $100,000 worth of credit volume a month, and we were able to take a small slice of that money every month for the rest of our lives? How big of a difference would and extra $500 a month make in your family’s lifestyle?

In my opinion, there is a massively huge opportunity in the MLM world when you start looking at MLM companies and their mix of competitive network marketing services that everyone already uses, and the immense training and support that they make available to their IBOs along the way. I think that anyone who is looking for a quality company to partner with for a residual income building business opportunity will find a host of different companies to choose from, so you should take great care when selecting your venture because you want to be passionate and involved with the products or services that you are going to be marketing. A MLM company, coupled with your motivation and drive is a wise choice and I believe this opportunity to be recession proof and very exciting when you think about the scope of the services that are offered.

I have been involved with several MLM business opportunities, and I have found that they are all similar in their business models, the only difference is the people whom you get involved with and the amount of time and effort that is required to become successful. I hope that you have found this article to be of help to you in some way, and I hope that your MLM business journey is prosperous and profitable!

Who’s really in charge here? You or your business? Look down at those “mind-forge’d shackles” as poet William Blake might have said, that are binding you to your nightmare. Yeah, the business started out as a dream, but that was when you were not living it 24/7. And living a nightmare is no fun. No fun at all. So, is it truly possible to have your business running smoothly…even when you’re not there?

“The secret,” says business coach Stacie McKibbin of San Diego, “is to implement systems that fuel business development.”

Still, creating those systems that run every aspect of your business (so you don’t have to) is where most business owners working 24/7 come to a crashing, exhausted halt. Like any nightmare, the best way to get rid of it is to wake up. So, let’s wake you up to some key ways to put effective systems into place without causing mass panic at work and improving processes at every level of your business!

Repeat after me, “It’s time to stop wasting energy and money. It’s time to wake up.”

I bet you feel better already. Okay, so where can a business owner start? Here are essential tools you’ll need to reawaken your dream:

* Identify the 4 key areas in your business to systemize
* Develop and write the systems
* Know the 9 steps to systemizing your business
* Know when to hand over your duties to a worthy staff

Okay, take a deep breath. I can already feel you tightening your muscles, but now comes the quick lesson in “how” to do all these key things. Before diving in, however, take a moment to look around you.

How nice would it be if your business was simply a computer that could be reprogrammed. But, wait! It can be reprogrammed. The problem isn’t reprogramming your business, it’s reprogramming you! Yes, that’s hard to hear, but think about it. Does change come easy to you? Or do you look around and shudder at the thought of revising the way you do things? Do you way down deep think that even though you’re doing the same things over and over that are creating problems that those problems will somehow go away?

Don’t beat yourself up. We all do that. We allow the nightmare to seep into our business processes, and almost without our knowing, it starts to take over. And we all know what comes next: late hours, cranky moods, the blame game…sound familiar?

Well, all that’s about to end, because WE ARE WAKING UP!

First and foremost, let’s identify the 4 key areas you’ll need to systemize. These include:

* People and Education
* Delivery and Distribution
* Testing and Measuring
* Systems and Technology

Let’s begin with people and education. Go back to that initial chart you’ve tucked away in some file somewhere that says who does what and who reports to whom. Can’t fine it? That’s okay. We’ll make a new one. Make it simple and be prepared to make lots of copies, because EACH PROJECT that you do will be filtered through this chart.

The “parts” of this flowchart may include a top box marked Managing Director. Under that box would be four new boxes marked:

* Sales Manager
* Marketing Manager
* Finance Manager
* Administrative Manager

Under Sales Manager would be Sales Rep, and under Finance Manager and Administrative Manager would be Clerk, or whatever names you have given each of these positions.

Now, you might be saying, “Yeah, I already do that,” but the question is: Do you use it in each functional area of your business?

To do that:

1. Take one functional area at a time and work it through the chart.

2. Start at the first point of contact, so if the project, for instance, falls under the “Sales Reps” area, start there.

3. Document the path as the project passes through to the next functional area.

4. Draw boxes around each function and connect them with lines and arrows to show the flow

Essentially, what you are doing, besides tracking, measuring, and documenting each project in each functional area, is involving your team. This eliminates any question of who’s doing what and where, in the process, each project is, and you can involve your team in creating their own organizational charts per project that they are responsible for. This leads to tracking KPIs (Key Performance Indicators) and will be a huge help to you when evaluation times come around.

Okay, so clearly, to develop “systems” you must have a strong team in place. To do that, have each team member identify the following by creating a list of:

* Their top 10 most time-consuming tasks
* Their top 10 stressful tasks
* Their top 10 productivity-related tasks
* Their top 10 tasks that bring them the most happiness

This not only educates you about your team, but helps you streamline, adapt, amend, or try something new, should change be necessary.

While this gets you started in revitalizing your “systems” to get your business back on track and functioning smoothly, it is only one area that needs attention. A business coach works with you through each of the 4 key areas, resulting in a commercially profitable business that runs with or without you being there.

Just think of all the things you could do with the extra time, energy, and money you will be making by streamlining your business systems! Isn’t that what the initial “dream” started out as? It’s truly time to wake up and remember, you’re not alone. Let your business coach help put systems in place that will help you, your team, and your business prosper.