SOLO PROFITS Multimedia Blog and eRadio Podcast

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WHAT IS SUCCESS? SIMPLE QUESTION. MOST PEOPLE WANT SUCCESS. However, very few of them can define it in any succinct or tangible way. In most work at home business opportunities, success is a word batted around like a proverbial racquetball. Yet for many newcomers to the work at home arena, “success” has eluded them most of their lives–hence, the reason they are searching for a new, more fulfilling life and mode of making money. Work at home business opportunities and recruiters know the desires of their prospects and they prey upon their desire for success like wolves in a henhouse. Ergo, the 97% failure rate in network marketing/ work at home business opportunities. To illustrate this point I must use myself as an example.

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AS A SMALL BUSINESS OWNER, you may be considering the implementation of a “refer a friend” marketing program. There are several reasons why this is a wise move.

Basic marketing theory offers that word of mouth marketing is one of the most effective, and least expensive, forms of business promotion. Word of mouth marketing occurs any time one of your current customers or clients recommends your business to someone else, who then, on the basis of that recommendation, decides to visit your business as well.

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All the best,

Dave.

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Written transcript from Solopod 6

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WILLIE CRAWFORD IS A SEASONED INTERNET MARKETER. His extreme poverty to relative affluence serves as proof that you really can build a better life through an online business.

Follow Willie’s latest amazing “Million Dollar 90 Day Challenge” as he determines to earn that 1 Million Dollar amount in only 90 days and demonstrates LIVE exactly how it’s done!

Will he succeed? Read more now and follow his progress.

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IT’S NO SECRET THAT WHEN MULTI-LEVEL-MARKETING (MLM) is mentioned, many people immediately think of illegal pyramid schemes and other scams. Follow these tips to check out an MLM company and you will avoid MLM-Hell.

1) Contact the Better Business Bureau (www.bbb.org), the State Attorney General’s office and the Federal Trade commission (www.ftc.gov or 1-877-FTC-HELP) and at no charge you will be able to check the records of the MLM companies and will get some great tips about how to safely evaluate them.

2) Check Google and other search engines for “company name + scam” and you will find out quickly if there are complaints.

3) Check out home business message boards and scam.com for bad reviews. Obviously, there are always a couple of people that didn’t make money and want to blame the company. Do proper research and you will quickly know which distributor had a legitimate complaint and who was just plain lazy.

4) Go to www.mlmwatchdog.com and see if any problems are posted there.

5) Ask your attorney to review any documents before you sign them.

6) Present the entire program to a trusted friend and see what he or she thinks. Take their advice under consideration. You never know, if the company does turn out to be legit, then that friend is a great first recruit.

7) You should be focusing on selling products or services and not recruiting more distributors as the prime objective. If this is the case, proceed with caution and at your own risk.

Be wary of requests to make large purchases up front.

9) All MLM’s, just like any type of business, require work. Beware of false promises of easy money making schemes. Beware of guarantees such as “everyone is making money with this automatically.”

10) Do the math for yourself. Have a trusted advisor, friend, accountant or attorney check you and make sure that the payout plan is actually feasible.

11) You don’t want to sell products or services with false “miracle” claims to them. Actually try the products and services yourself to make sure that you like them and WANT to promote them.

The MLM industry can be a great kick-start for a own home-based business and the better schemes hold great promise. Unfortunately, there are a few undesirable people and companies who take advantage of unwary individuals. By following your due diligence, asking questions and proceeding with caution you should be safe.

All the best,

Dave.

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