ERIK GIFFORD asked:


Many people relish the prospect of having an abundance of free time. By this we mean not having to commute to work every day and enduring an eight hour day at work and coming home just to relax. Perhaps a home business is the answer? In spite of what many people would like to think, running a home business is not easy and, on top of all this, many of the home businesses which we read about in our inboxes are not worth the paper which they are written on.

High Failure Rate In Work From Home Businesses

The failure rate in the MLM industry is high- ninety per cent of recruits will not manage it. Also, the failure rate in any type of home business is just as high. Poor time management is the main reason for this. A network marketing internet business requires the same dedication as a traditional business. This type of dedication requires good time management.

A work from home business, which includes network marketing and MLM, is an excellent of spending more time with your family and working when you want to. However, you might come to the conclusion that there is no point in it when you are not making any money.You will come to the conclusion that you are better off working in a paid job or an additional job. By doing this, you will at least get a consistent income.

If you want to continue with your home business, you will have to continue to acquire a good time management strategy.

How To Apply A Good Time Management Plan

A good time management plan is an absolute requirement for any network marketing business. Here is some advice about acquiring good time management:

1. Set a time schedule for yourself. This is important when you are just starting in a home business and especially in network marketing. You can do this in any way you want to whether it 9 to 5, 8 to 12 or 10 to 3

2. Let nothing interrupt you during these hours of the day. This time schedule is responsible for the productivity of your business.

3. Avoid activities such as checking emails, internet surfing and watching television during these working hours. Preferably, you should also avoid telephone conversations during these hours unless they are business related.

4. The schedule should be set for each day. Also, a set of tasks have to be listed. However, you should avoid listing the easiest tasks first as this strategy will ruin your productivity and will also give you a false sense of accomplishment.

5. Hire a mentor who you can report to on a daily basis and who can check the progress in your business and give you encouragement. You will need to respect and fear this person and will not want to let him or her down. This is a very powerful way of building your internet network marketing business.



network traffic management

Eric Mortensen asked:


Greetings Everyone,

This is the most important article I have published since I first entered the nework marketing industry 24 years ago.

 

There is a very important aspect of the TROY MANAGEMENT LTD concept that I want to make perfectly clear, right in the beginning, before I get into the 4 important P´s: Products, Performance, Payplan, and the rest:

- Your organization is build for you …

- You don´t need to recruit … (only 2 people you need to introduce to TROY and there is no time and no flushing of income).

- Together with the best netwokers in the world TROY has developed a “recruitment-machine” that nobody else on the planet can offer …

TROY Partners are required to personally recruit only TWO new Partners in order to qualify for all twelve income streams (11 of which pay weekly, the 12th pays quarterly.) FOR LIFE! Yes, just recruit two partners, and your recruiting is done, unless you want to earn the huge rewards for recruiting. TROY MANAGEMENT is very generous in thanking those that like to recruit!

 

Knowing that networkers are fed up with programs that require constant recruiting to continue to earn, or to earn at all, TROY management decided to permanently qualify Partners with just two referrals!

TROY – an innovative new concept, unlike anything out there. I’m sure you’ll see that for yourself as you read through this site. This is a serious opportunity, so please read the entire letter. It is a long letter. I´m sure you won´t regret.

Normally in networking, approx. 3% of the members of a program would earn the huge incomes promised in the ads for the program, while some earned a little and the bulk of the members didn’t earn anything, in fact paying in each month for the priveledge of trying to qualify again. These members lose out because they are unable to recruit more than two, the product sales slow way down, and the program dies. I’ve see this too many times, I’m sure you’ve seen it, experienced it, or know someone that has.

 

TROY is an innovative new binary matrix concept, which will allow everyone to earn. The SYSTEM will fill both legs of a Partners’ structure with spillover. There won’t be any Balance issues, with one leg growing way out of proportion from the other, coz the SYSTEM and all the top networker on board fills it, while you struggle to fill the other. No holes in your structure, no gaps in your commissions, a nice healthy paycheck each week, happy Partners!

 

Here are TROY´s products, with a brief explanation:

 

TROYbid – A low-bid, reverse auction, where the lowest unique bid wins! You will be able to bid on dream cars such as Lamborghini’s, Ferrari’s, & Porsche’s, electronics such as home cinema’s, flatscreen tv’s, the best laptops, & some very exciting surprises that the Company will announce from time to time. Something that you have never seen before.

I’m sure you are aware that online auctions are more popular then ever, right now, all across the globe, in all economic classes. One British auction company, that operates only in the U.K., grew an amazing 23.3% last year alone! Imagine what a world-wide auction company as TROY can do!

TROY SpamFree – TROY Management has worked hard and spent a great deal of money to acquire a world-wide patent on their excellent Anti-Spam Software. Yes there are other similar software programs available – this is SPECIAL! I haven’t tested the the product anti-spam product yet because it is not available yet, so I can’t offer an honest evaluation of this product – I’ll leave that to those who do that sort of thing for a living. I can, however reveal that our product is a great marketing tool in two ways – one, you can give it away for free! Everyone likes to get something for nothing! This benefits TROY partners because ads for all our products are circulated with the software, causing people to see it, make purchases, or become Partners themselves, or both. There is great potential for both, & their attention is focused on the TROY concept! Two, you can sell it for……PROFIT! Plus, there’s a compensation plan through TROY for the sale of this product, as well as all the others we have!

TROY SMS – Every networker knows the object is not to chase the customers, rather to have them run to you. This is the difficulty in networking, especially with a new concept, or program. Many people choose to work their family & friends, which is not a good thing! From your very sophisticated TROY-back office, you will be able to send SMS messages to their contact lists, inviting them to participate in offers they can’t refuse. For example- you send an sms offering them a chance to “win” a Ferrari if they visit TROYbid, register, & place bids for free (to begin with). Each SMS offers them FREE BIDS. Think this will bring’em to the auction portal?

This SMS System is exclusive to TROY. It is automatic, & the messages are already written. All you need to do is send them! This system will also send alerts to your cellphone, if you request it, to notify you that an auction is almost over, or that you have won the bid! TROY will generously be giving you many SMS messages (for free) to send out, to help get you off to a flying start! Use them liberally!

Troy Card Services – Partners receive a VISA CARD, onto which they can load their commissions each week. You will use the card as you would with any other credit- or debit card to pay bills, buy services and products online and in shops, buy dinners, rent cars, pay for hotels or withdraw cash.

Troy has specialty cards as well to serve the needs of the small family, as well as the large volume businesses.

The first 511 Partners in TROY will get a very special VISA CARD and become members of TROY V.I.P. CLUB with many diffrent benefits.

 

TROY Unit Market- This is a fantastic product! Only Partners of TROY can use it to buy & sell Units. During all these years I have been in our industry this is one of the most exiting, lucrative, fair and fun products.

 

Performance – TROY Investments was founded by 8 exceptional Scandinavian networkers that are highly successful, having created programs that earned them as much as 10-20 million dollars each over the past few years. They created several millionaires and a few multi-millionaires with those companies, too! They aslo have had successful traditional businesses, prior to getting into online projects. These 8 men are very experienced and well-known networkers, having earned their credibility by delivering on their promises. They are modern-thinkers, with a finger on the pulse of what is happening in networking today. They are also fantastic listeners, who aren’t afraid to listen to the headhunters they hire to bring in new ideas, as well as new members. They listen to the wants and needs of the members, finding ways to provide them those things. They understand the importance of SUPPORT, how important it is to MOTIVATE, both the members, and the customers, and have competitions planned that will do just that! They also know the importance of quality websites, cutting edge back office, info centre where you can download all kind of presentations in many languages and a “simple-to-use”-system for Partners to use to grow and track their business and earnings in real time, and to be able to collect those earnings quickly, easily, each week.

I can reveal that I have seen a demonstration of the back office. “It was breathtaking! It’s nice & clean, simple to use, with a lot of functions. Everything in real time – commissions promptly displayed, great statistics, the innovative SMS system, everything! The transfer of commissions to your card each week can´t can´t be more simple.”

PayPlan- There are 12 income sources, paid 20 levels deep, with compression.

*The valuta TROY trade via is the strong EURO. Like the dollar is now it means that people who are paid in dollars – not only Americans get 50% more in commission – because the strong EURO´s are converted to DOLLARS.

PayPlan – Commission Plan:

 

1. 5 EUR – 7.60 USD (Standard), 10 Euros / 15.20 (Pro), each member placed in your structure.

2. 5 EUR – 7.60 USD per upgrade, Standard to Pro.

3. 40 EUR – 60 USD Fast Start Bonus (Standard) for your recruits.

4. 80 EUR – 160 USD Fast Start Bonus (Pro) for your recruits.

5. 40 EUR – 60 USD Fast Start Bonus upgrade from Standard to Pro.

6. TROY License Bonus- 0.25 EUR – 0.38 USD – per Partner placed in your structure 20 levels

deep with compression.

7. TROY Low Bid Bonus – 4% of your Partners – 0.4% of all others – 20 levels deep with compression.

8. TROY Card Service paid 20 levels deep with compression.

9. TROY Stock Dividends – paid Quarterly. Based on the number of shares you own.

10. TROY SpamFreeMail paid 20 levels deep with compression.

11. Commissions on two products soon to be released!

12. TROY Stock POOL- Qualify and earn extra residual income for life.

Standard Investment Package 560 $ / 350 ¬ includes:

You become Part Owner of TROY MANAGEMENT LTD.

1. Cutting Edge Backoffice.

2. 72 USD (50 Euro) to purchase TROY-products you choose i.e. units/shares

3. Membership in Stock Exchange- buy/sell shares.

4. 200 SMS vouchers. (Each containing 5 bids. Each sms voucher has the value 5 EUR (7.60 $)

5. 6 weeks paid license fees. (Active Partners pay 7 EUR / 10 USD per week.)

Eric Mortensen Bio: http://eric-mortensen.com

Eric Mortensen Video Bio: http://youtube.com/watch?v=EUf_e9UNYtg

Eric Mortensen: http://Filthy-Stinking-Rich.com



net network management

Kimberly Anne asked:


How do you determine if a particular network marketing compensation plan is good? Consider the following 5 tips:

Tip #1: Try to understand the plan conceptually, at the top level, versus all of the details. Network marketing compensation plans can be complicated. Some are straightforward, but most are complex these days.

Tip #2: Take the time to learn the industry lingo associated with network marketing compensations plans. If there is a term you are not familiar with, ask someone you trust what it means, or research it. Below I describe several common types of compensations plans to provide you with some terminology with which you may not otherwise be familiar.

Tip #3: Do not sign-up with a particular network marketing company unless you are comfortable with the compensation plan.

Tip #4: Take full responsibility for your understanding of a compensation plan. Meaning, get all of your questions answered with regards to the plan.

Tip #5: Determine whether or not you can meet the goals for which you’ve set for yourself with the compensation plan – assuming, of course that your goals are realistic.

Now, consider that there are several, common network marketing compensation plans which include, but may not be limited to:

Stair Step Breakaway (aka Unilevel): This is one of the more popular network marketing compensation plans. It has several components. Distributors are either managers or non-managers. Distributors are compensated via overrides and possibly bonuses.

Override commissions can come from the non-managers and managers in a particular manager’s organization. Think in terms of overrides that a manager receives from his non-managers as commissions that a sales manager would receive in any sales organization.

The overrides a manager receives on the managers in his organization are often referred to as “generational overrides.” Typically, most network marketing companies will compensate down to at least three generations of managers.

Bonuses are what the term implies. If a manager exceeds specific sales volumes, then he receives a certain percent commission on that volume. Often the volume attributed to the bonus cannot come from those in the distributor’s organization that have reached a certain rank in the organization. Thus the term “breakaway.”

Matrix Plans: This type of plan forces an organizational structure in the form of a matrix. A distributor can only have a specific number of people on his first line. If he personally recruits any additional people, he must sign those new distributors up under people on his first level. Commissions are paid on sales volume down a certain level within the distributor’s matrix.

Binary Plans: Each distributor has only two legs on each level. When both legs achieve a specific volume in sales, the distributor is paid a fixed amount. When the sales volume in each leg is the same, commissions are paid based on an incremental plan.

Hybrid Plan: This type of plan is probably one of the best to consider. However, hybrid plans can be complex. A hybrid plan attempts to compensate new distributors as soon as possible while rewarding distributors who build strong organizations.

A hybrid plan has two plans. One plan will pay commission on sales volume generated by the distributors in one’s organization. Most hybrid plans will pay a commission on sales generated at least 7 levels down. The other plan will be a bonus structure based upon the performance of distributors in one’s down line who are actively building organizations under the distributor.

As you can see, a hybrid plan can be very lucrative and typically one receives two different checks a month – one for sales volume generated by down line distributors and one for bonuses received for the business builders in one’s organization.

So, as you are evaluating a compensation plan, keep these 5 tips in mind. Above all, make sure you do all necessary research and choose a plan that best fits your needs.



network management course