What car you drive?

Life, MLM Overview, People 2 Comments »

Good day everyone,

What car are you driving? Does it matter?

Perhaps, you might be asking "What does a car got to do with the MLM business you are doing? 

Here is a real life example. 3 years ago, my dad introduced me to his old friend, who then became our upline in a Multi Level Marketing business. I signed up under him and my dad signed up as my downline.

I brought my upline along to see my prospects and to see how he does the product and business presentation, so that I could learn and do the business at the same time.

My dad said, he was doing quite well and his earning is about 20,000 ringgit monthly for 8 months consecutively and he started about 2 years back.

I was also informed by dad, that he was driving a simple car. Many of his friends doubted that he is successful in this business because he was only driving the cheapest car in the market. 

This also happened to my prospects, when I told them he was earning 5 figure income and shown his photocopied monthly income statement.

Non of his relatives and friends believe that he is earning good income from his MLM business until he changes his car to a Mercedes Benz.

After he changes his car, his business grows tremendously and the more he do the business, the better the chances of closing the deal.

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Authored by User ImageKevinn Tan on 26th April 2009

Organisation Chart

MLM Overview No Comments »

This is how my organisation chart looks like. I draw it out on my own using the back portion of an advertising card board.

I did my monitoring to see how it turn out to be and to see who are the uplines and the downlines in a form of a chart. By doing this, I will be able to see where my downlines are and how to help them in building their organisation.

It started with only 2 downlines under me and now it reaches over 400 downlines. Not a big organisation though, because I knew others  are having around 5,000 to 10,000 or some even more downlines.

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It looks a little tedious but it is worth it. One of my downlines have gone further down, so I made an extension of  the advertising card board.

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Authored by Kevinn Tan on 20th April 2009

Zero Zero One

Marketing Plan No Comments »

This sounds similar to Agent 007 (Agent double O seven) but its not.

An MLM distributor with this position, zero zero one (001), means he is the number one person to be recruited direct by the company. All the rest of the distributors will be under him. The person who is immediately below him will be the zero zero two.

This zero zero one person will be someone who has the experience needed to run the MLM company, giving advice and producing sales for the company. Not only he will be rewarded with MLM bonuses, but he is also given allowance to make things happen for this newly established MLM company.

Zero zero one will be earning good income. But this doesn't prevent him or her to jump to another company, if the other company provides a better pay and bigger income opportunity. It could be some sour relationships going on between him and the company men.

He is also a very influencial guy, having the ability to both talk and bring in people to the company. He is responsible to make the company grow and being recognized by other distributors from other MLM companies.

If he is a zero zero one, he is somebody who knows his stuff. But again, not all zero zero one knows his stuff that well. It depends on his experience and exposure in the MLM business he has been involved with. Zero zero one improves as he goes along.

As zero zero one learns and improvized, MLM industry becomes more interesting in all aspects including the products, people behind the company, the strategies being used and especially the marketing plan.

Zero zero one is an important person as an upline, an advisor to the company and also a mentor, someone who we (distributors) could look up to and hope for in growing our business together. 

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Authored by Kevinn Tan on 19th April 2009

Perspective of MLM

People No Comments »

There are so much that has happened in the MLM industry until today. One thing is for sure, we learn and grow through our past experience, from how the company operates to how they interact with their distributors. Its all about the people running the show.

In fact, MLM is a wonderful industry, if we could just spend some time doing some homework and look closely into it.

Perspective is an art on how you look at things in life. Not only in MLM but also in everything in life. It is how we could judge and make proper consideration to every problems and situations.

In other words, learn the truth and face facts and not only to absorb totally from people who just wants to fulfilled their own needs.

I believe many will be able to make informed decision by searching and keeping informed through readings and looking for information, talking to people who are fully involved in MLM.

Different people have different perception of MLM. One of my colleague said that its selling “dreams” to people.

Here are some of peoples’ perception towards MLM:

- You have to keep on selling to earn money
- You have to spend a lot of time to do the business
- MLM people have no time for their family and friends
- MLM is for housewives, school dropouts
- This business is for the jobless
- MLM is not a business, start a real business!

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Authored by User ImageKevinn Tan on 15th April 2009

Royalty

MLM Overview No Comments »

 

I bought a Elvis Presley music CD quite some time ago because I like this particular song titled "A Little Less Conversation"

The King of Rock and Roll is dead now, but he still earns income of the music CDs sold everywhere worldwide! The income now goes to his family members after he is dead and gone. What I am trying to say is that, Elvis did his work once and he earns for many years to come. We called it as "Royalty Income".

Many of us are not talented singers or song writers, so how could we earn royalty income? or almost similar to that?

Network Marketing is a business that could bring you an income that is transferable to your next of kin, if you are dead and gone. By the way, there is this song, you know – "Dead and Gone" enjoy!

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Authored by User ImageKevinn Tan on 12th April 2009

RunawayLeg in Binary Plan

Marketing Plan 2 Comments »

Binary means having 2 legs in your MLM organization, one distributor on your left and another on your right.

The payout was designed in such a way that you have to balance up the two legs.

Some company which have a Binary Plan implement other payout which makes it more interesting. This is what we called it combination of two or many types of MLM Marketing Plans. 

As for now, let's talk solely about Binary Plan and how the word "RunawayLeg" comes into picture.

There was a rule which stated that you must have 1/3 and 2/3 of distributors on either legs, in order to get paid.

There was also rules that says you must have 3 distributors on your left and 3 distributors on your right, and also there are 5 left and 5 right to receive your bonus.

Nowadays, if you have sponsored 1 on your left and 1 on your right, you will also get paid. That sounds easy.

Unfortunately, there can never be a balance of both left and right legs in MLM business. When one of the legs grows bigger than the other, then you will have 1 big leg (a lot of distributors) and 1 small leg (less distributors).

Some MLM people named this big leg as an Elephant Leg.

The common word to use for this big leg which grows bigger than the other in Binary Plan is called "RunawayLeg"

RunawayLeg happens in Binary Plan and it is not so good.

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Authored by Kevinn Tan on 5th April 2009

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