Friday, February 29, 2008 

One MLM Or Two?

What do you do when a friend tries to get you into their MLM? Do you refuse?

I don't refuse because I may want to do that MLM also, or at least give it a run with a certain group of people to see how it goes.

OR

I may join because I want to do business with that person in the future. Especially with people that have a large list of MLMers that are offline or who know people who have such lists. In Japan it's called "Giri Ninjyo". A bit like giving chocolates to the boss on Valentines day. Even though there is no love involved the thought is there.

Sometimes I'll join a friends MLM if I want the products. Products are normally cheaper that way. Then if I like one of the products I may promote it to product orientated groups or companies that can promote it within their cliental without breaking the MLM rules.

I ask for a downline if I can't see advantages in joining the new MLM. This way the products are free and if the group moves then I'll train and increase the group. If the pay plan is a binary then the request will be to have people on both left and right legs to put me in profit from the start.

The idea is not to have someone give me a big downline, just enough to cover the monthly costs of joining their MLM. The benefit for them is that they will have someone who knows a lot of big players with big lists plus someone who can train that group.

Perhaps this all gets back to whether a person should stick with just one MLM or not. I just happen to be a person who likes to put their eggs in more than one basket if it happens to suit me. I have my main MLM (a binary) but my job is sometimes to "Fit the MLM to the person and not the person to the MLM" so it's advantageous to have more than one screw driver in the tool box.

My main MLM has online tools for online MLMers, but this will not cover my neighbors weight problem or excite a person with a huge offline list of prospects. So I'm always open to listening to MLM presentations from friends and if I can help them and me, a win win situation, then I'll join their MLM.

If it's not a win win situation then I give them real reasons, ones that they can fix if they really want me.

Some people treat their MLM like a religion, one thought, one God etc or a place just to make friends. Thats fine !?

I like to treat MLM like a business.

Read More Of Michael Brymer's Heavy Hitter Secrets at http://mlmbuff.com

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Prosperity Automated System: S.E.C. Orders Cease and Desist...the fall-out

Since this mighty "millionaire making system" has run into a mighty bit of difficulty with the Securities and Exchange Commission which filed an injunction last month against William M. Osterhout and his Prosperity Network, Inc., d.b.a. Prosperity Automated System (PAS), the numerous PAS web sites have been scrambling to create new loopholes and get their new-improved versions of PAS on-line. The S.E.C. claims that PAS is a "fraudulent pyramid scheme"... the charges go on and on for twenty pages. They claim there are at least 25,000 PAS web sites owned either by PNI or its PAS investors. No wonder these web sites pop up in profusion when you are searching for ways to make money on the internet. The more internet marketing-savvy PAS "investors" who have spent the most money marketing their sites have earned quite a respectable on-line presence making them hard to avoid.

Take note of that!

PAS claims (claimed) to be a 100% Fully Automated System that simply generates vast amounts of cash while you lay on the beach in the Caribbean or whatever view of the ocean you prefer. The real truth is NO ONE makes money with PAS or systems like them, without spending a lot of extra time and cash on advertising, not only through the infamous Google machine, but I'm talking about USA Today, the business section of your local newspaper, bulk mailing lists who claim NOT to be SPAM (but are definitely not the preferred opt-in emails), and some even purchased radio spots. With a buy in at the $3,895 level (at which 80% buy in), and the $195 per month suggested adpaks, you're up at around $6,400 investment in something that won't fly unless you also creatively market (time and $$$) your web site like you would have to do with any real business.

I researched this system myself several months back. I read and re-read the web sites, observed how others were setting up their PAS pages and I decided to ask lots of questions because I did not want to part with my 4-grand without a really good sense that I could work the system so that the system would work for me. With just a little bit of research, I uncovered all I needed to know. Here are just a few of the questions I was asking

What am I actually promoting? and What are these other products you say I can sell with my PAS system?

The "Team Leader" who is supposed to close the deal for the PAS investor, told me not to mess with the other products because the point is to sell the system. Why would you divert your viewer to side-products that sell for $49 and $199, when you really want them to buy into the system at the $1,895 or $3,895 level? He told me that I should just set up my PAS web site to sell the system and not get off-track with the side products because that is not really what PAS is all about. You will note that one of PNI's key defenses is that their automated system is made to sell other products. However, their own specially trained team leader told me otherwise

So, what am I selling? (translation: Huh???)

"You are selling the automated system - the automated system is the product".

So ultimately, my systems sells you your system, sells him his system and your system sells their system and so on... Talk about a down-line! The S.E.C. charges that, eventually, the down-line dissipates, making this a pyramid scheme, leaving many late-coming investors in the dust.

Any wary person who has done their due diligence in researching knows that with any pyramid-like system, you get in early to reap the cash benefits before it falls. When it falls, it simply means the loopholes have been uncovered by the S.E.C. PAS is an MLM that claims not to be an MLM because they offer a list of products you can sell through your automated system... but we already know what the actual team leaders think of those products... they are simply a diversion to the real purpose of PAS - which is the "system itself".

And I don't have to do any selling to actual customers?

"The team leaders do all the selling and all you have to do is collect your money."

This is after you've researched, developed and paid the bucks for an advertising program that works for you. This takes time and effort. Plus, the person who gave me the most real information was the very persistent gentleman whose web site pulled me in. He was definitely working to close me as well. In fact, he told me that PNI's adpaks were a waste of money. Originally they were required, but when I questioned further he said the adpacks were "suggested". He offered me the inside scoop on all of his marketing efforts once I signed on/wired my $3,895 to him.

This gentleman was definitely working his prospects... not sipping his favorite cocktail while gazing at his favorite ocean-view.

Do your homework!

It is possible to find a viable on-line business that doesn't dupe the uneducated and gives you all you need to know to work a viable business opportunity.

After the dust has settled on this legal action against PNI, beware of the PAS Uber-Promoters, the Mega Wealth Corporation. They are presently "ramping up for the new-improved version" claiming to be creating "massive resources of marketing wisdom". Their new name will be Prosperity International and they will be creating the same type of powerful money making machine that was used to make PAS" This, from a PAS investor's web site that states that "the PAS system is temporarily off-line to allow for some re-structuring" Basically, they'll create more loopholes, offer a "real product" and they'll promise you vast riches if you join them but buy in soon, before the S.E.C. closes them down.

Beware of these pay-line/down-line automated systems. They are popping up everywhere. Another system to exercise caution is being sold under the name of "Predator". Do your research before investing your hard earned cash into these systems. Be willing to see them for what they really are, namely, veiled MLMs which claim not to be

Too many have been burned by the fall of the Prosperity Automated Network and systems like these. Just think of the guy who wired his 4-grand the day before the injunction that froze all activity!

You can find an internet business that really works... and work it, so that it works for you!

"Be informed Be very informed!!!"

The Heather Wolf Resource Network wants you to make informed decisions that save you time and money! For a viable business opportunity, please visit http://www.heatherwolfnetwork.com into your browser and join her opt-in list for your free report.

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Professional Sports Marketing: Class Editori - MotoGP Case Study

Class Editori has confirmed its presence in the professional sports marketing world of two wheels through its partnerships with the Konica Minolta Honda MotoGP Team, competing in the MotoGP World Championship, and with FG Sport, organiser of the World Superbike Championship. For the fourth consecutive year Class Editori has put its trust in RTR, a leading company in sports marketing, in order to finalise the definitive agreements.

With regard to the Konica Minolta Honda Team, the Class Editori logo will be present on rider Makoto Tamadas bike and in the MotoGP team pits. In addition, use will be made of the hospitality facilities of the team as it competes in the MotoGP World Championship.

With FG Sport, Class Editori will take part at the Italian rounds of the World Superbike Championship to be held at Monza, Misano and Imola. There are several benefits in this sports marketing endorsement: the use of the MotoGP hospitality facilities, exposure of the company logo on the official poster of which around 20,000 copies are given out at each event, and distribution of Class Editoris magazines in the hospitality and paddock areas, to a target that is perfectly in line with its readers.

At the end of each race, a special "Class" trophy will be awarded on the podium by a representative of the publisher.

As Riccardo Taf, managing director of RTR Sports Marketing, affirms: In order to be effective, a sports sponsorship must be repeated over time. These four years with Class have confirmed to us that they are satisfied and that the right choices were made.

Gianluca Montiron, managing director of JiR, the company that oversees that managerial and technical activity of the MotoGP Konica Minolta Honda Team, remarks: Diversification is one of the guiding elements of our team, and the arrival of a prestigious sponsor such as Konica Minolta is proof of this fact. Together with RTRs support, we wish to guarantee our partners a long-term sports marketing programme, and the relationship that links us to Class Editori is a case in point. The aim is to create commercial and social synergies through the medium of interest in sport.

Riccardo Taf, RTR Sports Marketing Agency. Consultant Firm on Sports Sponsorship and Strategic Marketing Management. 10 years of experience. Find out why Top Companies are choosing to do business with RTR at http://www.rtrsports.com.

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Bookkeeping Made Simple for Your Home-Based Business

For many people, bookkeeping can be a daunting task. For some, it is a living nightmare! Most people who cant stand accounting and math hire a bookkeeper. Of course, this isnt for free! A fee is always attached to the service. The truth is, bookkeeping does not have to be difficult. It can be simple! Let s discover how.

In starting or managing a home-based business, bookkeeping is one important activity you should not forget about. Bookkeeping, when you really think about it, is very simple. There's nothing more to it than recording your daily financial activities, like the money you earned and the money you spent. It is similar to balancing a checkbook.

Accurate record keeping is crucial for your home business.. If you maintain good bookkeeping of your business, then you are sure to accurately monitor your income against your expenses. You can see outright if you are getting some profit or not. Here are some easy steps to handle the bookkeeping of your home-based business easily.

1. Open a business checking account. Go to your local bank and open an account under your business name. Sign the necessary papers and get the account registration card together with your account information. Get your imprinted checks as well.

2. Get a columnar notebook or a simple notebook. Begin writing down your daily income and expenses. Start each summary with the current date. It would be best if you start from the day you first opened for business.

3. Make two columns, one for income and one for expenses. Then record your income for the day on one side, and your expenses on the other. Total everything at the end of the each column. You can also put the difference of the two columns, label it profit, investment, or however you intend to save or use the money.

4. Accurately maintain a daily, monthly, and yearly log. Just continue compiling this information. At the end of the month, summarize all your earnings. Do the same at the end of the year. This is going to be a good basis for inventory too; as well as for tax purposes.

Of course, there are computer programs that can easily do this for you. If, however, you are one who likes to crank out things by hand, this is perfect for you!

This is all it takes to do bookkeeping. It really is simple! It doesn't take to be a math wizard or an accounting major to do these simple steps. You can also read more on some bookkeeping materials or enlist in a bookkeeping correspondence. Once you start, you will easily be able to keep up. Your home-based business will now be on the right track!

Monique Hawkins is webmaster of http://www.tophomebasedbusinesstips.ws, a site that provides a free marketing system that network marketers can use to explode their MLM business.

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