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Tag: Superstar

  • 3 Ways to Overcome Marketing Overwhelm

    If you’re like many entrepreneurs, the thought of marketing makes you slightly sick to your stomach. And it’s more than a simple like or dislike of marketing; it’s the idea of trying to fit it into your to-do list. You already have a million things going on, how can you possibly fit marketing in too? Good news ? I?m sharing 3 tips to get you out of marketing overwhelm and into marketing superstar!

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    http://www.associationofmarketing.org/articles/view.php?article_id=7985

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  • Is MLM Dead? Top 5 Reasons Multi-Level Marketing is on Its Way Out!

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    What a simple question to answer. Right? Not a chance. How in the world can a sixty year old business model shrivel up and disappear? The truth of the matter is that Multi-Level Marketing or MLM has its place in society. The problem is, this model is totally antiquainted and just doesn’t deliver as promised. At the beginning, MLM was revolutionary and literally changed the face of business. Due to technology advances and computerization, the limitations that come along with the MLM structure and associated compensation plans, have MLM’s days numbered.

    What does this mean for the companies that have built there businesses around MLM? For now, it means that the the business consultants that are earning a substantial income will continue earning, less and less as their downlines shrink and are not replenished due to more sophisticated and much more lucrative comp plans. This has already begun and will pick up momentum as people get educated about the alternatives.

    So what are the limitations that have MLM begging for mercy? Lets look at the top five reasons that the extinction of Multi-Level Marketing is inevitable.

    1) Expiring Volume- Before computers, all sales had to be calculated and tracked by humans, which means that mistakes and errors occurred. The longer the errors were carried over, the more of an impact they would have as they compounded. This is the reason that volume expires at the end of every month and the counters start at zero again. Obviously computers have been available for at least 20 years, so why do these companies continue to have expiring volume? a better question is, why do new companies continue to use models that have expiring volume? The answer is that companies that predate personal computers can’t change without shortchanging their highest paid affiliates and newer companies that have volume that expires every month should never have started doing things this way. Either way, it makes it very difficult for average people to succeed this way.

    2) Horizontal Growth- In many cases the strategy that is employed is to start a new line of distribution with every business partner a leader “signs up”. In other words, you are creating a competitor out of all of your personally sponsored partners. Now they are not a competitor of yours of course but they are all competitors of each other and that creates a few problems. It is very difficult for most people to manage many organizations(most MLM’s suggest 6-15 or more organizations). It creates a sense of competition rather than team synergy. It separates people who should be in the same organizations one another.(family members, friends or co-workers). Lastly and probably most importantly, it splits the sales volume up between all of the “legs” which makes it much more difficult for your teammates to earn money.

    3) Organization built in “levels”- The major limitation of organizations built in levels is that no matter what happens or which business partners thrive, the leader is only able to get credit for so many levels of growth. What this means is that if and when any “leg” grows below the level in which the leader is given credit, there is a much less motivation of the leader to train that leg in depth. The biggest problem however is that often times it takes people leading to people leading to people in order for a new leader to emerge. I that process happens at a level below what the MLM’s compensation plan will pay on, the leader is just plain out of luck. Wow, imagine working day after day, week after week and month after month training a leg or team. The training pays off, growth happens and it is very exciting. As is supposed to occur, people lead to people and a superstar is brought into the team. It just so happens that the superstar is one level below what you are paid on and your just out of luck. THAT SU__KS!!!!!!!!

    4) Commission structured in percentages- All the limitations with levels discussed above are still an issue. The problems are compounded when the commissions or payments are calculated using percentages based on levels. As the level increases the percentage paid generally decreases. This reinforces the competition of teams and teammates and also puts the leader in the position where recruiting must continue in order to get large pay increases. If the leaders are concentrating on prospecting and recruiting new partners for themselves, how much time do they have for educating their downline? Not much and even if there was the time, how much motivation does a leader have to train partners that he is paid very small percentages on.

    5) Sign up game- Because of the structure of MLM’s and the philosophy of business plans, most of the emphasis is put on recruiting new partners and not on moving products or services to the end consumer. This limits the amount of volume that each partner produces. The focus of Multi-Level Marketing is to get anyone who can fog a mirror “signed up” and worry about whether they are qualified later. This aids in the high level of attrition and fallout that occurs in MLM. Attrition is is the other major factor that leads to limited commissions and the discouragement that is so common when talking with ex Multi-Level Marketers.

    The forgone conclusion with most MLM companies compensation plans is that because of the limitations noted above, expiring volume, horizontal growth, building in levels, paying in percentages and the sign up game mentality, they are just not designed for the “average” person to succeed. The business models are designed around what the company wants or expects from their distributors and not what can realistically be expected.

    At the end of the day, the vast Majority of people (approx 95-98%) that start a Multi-Level Marketing business never make a penny. Sure, they may earn a few two digit or three digit checks but for most it never amounts to even close to what has been invested. Thankfully we are not stuck in the 50’s or 60’s and there are new and improved compensation systems that do away with all of the drawbacks of MLM and truly give ordinary people who have some level of motivation and determination a real opportunity to set themselves free.

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    Source by Chris Olejniczak

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  • Conservative Radio Host’s Prescription Drug Addiction Story

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    In recent years, the prescription drug addictions of many public figures have come to light. One of the most tragic personal prescription drug addiction stories in recent years is that of radio commentator Rush Limbaugh. He achieved a level of fame, wealth, and influence that most people would envy, but he dealt with a privately devastating prescription drug addiction.

    Rush Limbaugh is a prominent conservative talk show host and author. Around 20 million listeners tune into his radio show Monday through Friday. He wrote several books that have become bestsellers and have sold millions of copies. His conservative opinions (including calls for personal responsibility and clean living) and quick wit made him a national superstar; many people were shocked when it developed that he was addicted to drugs, himself.

    In October of 2003, Palm Beach County Police linked Rush Limbaugh to the illegal black market of prescription drugs. Limbaugh admitted that he had become addicted to prescription pain medication several years earlier, when he underwent a spinal surgery. The surgery was unsuccessful and the radio commentator continued to experience excruciating pain in his lower back and neck. He claimed that he checked himself into treatment centers on two previous occasions to try to quit using the pain pills.

    Though Limbaugh spoke out against drug use many times on his radio broadcast, he came clean about his own problems soon after the story broke in other news outlets. He made no excuses for his addiction and entered a treatment center for a third and final time.

    Rush Limbaugh has since returned to his radio show and claims that he is now drug free, but the ordeal lost him the respect of some of his former listeners and provided those who disagree with his views evidence that he is a hypocrite.

    While Rush Limbaugh recovered relatively quickly from his addiction, he went through many hard times before being able to cure his addiction, and the severe hearing loss he suffered was likely a result of the drugs he was taking. The hearing loss seems to have been adequately resolved with the use of a cochlear implant. However, many personal prescription drug stories do not end as well as Limbaugh’s; some end in death.

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    Source by Damian Sofsian

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  • Become the Network Marketing Superstar You Want to Become

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    What is holding you back from becoming the hottest network marketing superstar today? Would you like to change some elements to improve your business and watch it grow? Most people reading this will want to achieve some new changes in their lives and businesses. So, you know that you need changes in your life. At least you recognize that you have weaknesses, but do you know your strengths? Have you written out a list of your strengths and weaknesses. This is a map to discovering your next action steps. Don’t be fooled by doing it half way, be true and write out what you think is a weakness and strength. Only then will you know what areas you can change to become that superstar.

    Building the Network Marketing Superstar from the ground up

    This map has the potential to help you become a stronger person in life and in your network marketing business. You can use it to find tools and educational resources to help you develop the inner winner within. You are a champion already, but don’t you want to take it to the next level? If and when you are serious about making life improvements, try creating the list. Be 100% honest with it and you then you can take the step of faith into making changes to yourself. The hardest part is taking the action step. Most times, people will shy away from jumping into making little changes to certain habits or pursuing their educational needs.

    If you want to make your network marketing business better, you may want to consider taking serious action on your list. There may be small issues that are conflicting with your ability to connect with your audience. You may only need some additional education to overcome a slump. In other cases, some folks may need to take actual “action” and put “effort” into the business. Whatever is causing a conflict with your success needs to be found and dealt with now. If unsure about the issue, dig deeper into your activities and see what has changed and what your trainer has suggested to do. Your trainer can answer your questions and point you to some resources, but if you don’t use them. You won’t grow and become a stronger marketer. If you have a learning disability, you can work with it and find tools to help you understand the material and software better.

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    Source by David L. Feinstein

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