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June 06, 2005

MLM

More than likely, some of the business folks I know on the Internet will not be happy with me.

Why?  Because I am going to recommend that you stay completely away from programs which are considered Multi-Level-Marketing, or MLM.

Yes, I realize that more than a few people are successful with these type businesses, however the vast majority are not successful, and fade away after several months only to be replaced by more eager recruits, anxious to 'get rich' by joining opportunities with fancy websites (they will give you one, too!) and a product line which may or not have any real value.

Your compensation is usually based on some form of a 'matrix' filling basis.  In other words, recruiting your family and friends into the same 'business' you joined. 

Keep in mind you will need to spend money to purchase 'leads', i.e. folks who are supposedly interested in work at home business opportunities.

And spend money on advertising your opportunity or service. 

To get paid, you must fill this 'matrix,' and continue to recruit.

These types of business structures are why 95% of people fail while trying to work from home.

The first question you need to ask yourself before joining ANY Network Marketing Program is....

How many people must I sponsor on my first Level or front Line to start making a profit?

Guess what ??
 

99.9% of programs require on average, 4-6 legs before you make true profit.

Most people don't have the ability to build even one powerline on their own, let alone several.

It will be nearly impossible for most in your "would be" downline to hang in there. And so they drop out, robbing you of your residual income.

Too much work for too little return.  Too much frustration.  Too little control over your own business.

If you find a company you really believe is the one you want to work with, just drop us a line, and we will research it for you.

We should be able to find out what percentage of members are actually earning an income, and what percentage are tearing their hair out in frustration.

Until next time.

ADVOCATE

March 13, 2005

Work At Home Schemes

I imagine this category will contain a lot of information as the months go by.

Classic work at home schemes continue to be advertised---not only on the Internet, but on television as well.

Just yesterday, I again saw commercials for 'work at home' programs, promising phenomenal returns.

One man says gleefully, 'I saw this ad, and I went to this website, and now I'm making 20 thousand per month!'

Then they send you to this website.

Here you are asked to fill in personal information so you can be 'matched' with the perfect home business opportunity.

Further investigation reveals that the company behind the website simply sells your name to whoever wants to buy it.

Then, these companies start sending you all kinds of offers.

All because you gave permission for them to contact you.

What you have really done is to open the floodgates for every kind of 'opportunity' under the sun. 

And you can bet that 95% of them are pure hogwash.

Simple as that.

I realize they sound great, but believe me, the sales pages are written by professionals who are trained to 'push your hot button' and persuade you to buy.

You must learn to resist the temptation.

Sometimes the federal government is helpful in revealing schemes and scams which are on the Internet.

The recent publication from the Federal Trade Commission outlines some of the more common ones.  Please read this carefully.

Anyway, always be careful before joining any program.

Chances are, we have heard of it, or we can quickly find out the details.

If you have questions about the legitimacy of any program, and want our professional opinion, we will gladly offer it at no charge to you.

Until next time,

ADVOCATE