Archive for September, 2007

Home Based Business Tips - Your Time Of Day

Posted in Home-Business on September 29, 2007

We re not all morning persons. I happen to be a morning person. I m up at the crack of dawn and have most of my day s work done before 9 AM. But not everybody is like that. This article is about scheduling yourself so that you are as productive as you can be. I ll have plans for both morning and evening people. In either case, you re going to have to put in a day s work if you re going to be successful online. Doing this part time is a hard way to really get anywhere, as I am sure you have found out.

Let s start with you folks who are morning people. You love getting up first thing and getting a jump on things. Good for you! But don t forget, you can t call it a day after 10 AM. If you want the bucks to roll in, you need to put in a good 8 hours. But what do you do if you just don t feel like straining the old brain cells after lunch time, if you even make it that far into the day? I have the simple solution.

There are basically two types of work to be performed when it comes to your home business. The first type of work is what I call the productive work. This is where you come up with ideas for your business, write ads, and do the things that really take your business to the next level. It s where creation comes in. Then there is what I call the busy work that we have to do. These are things like answering emails, checking stats, and so on. We don t really want to do them because they don t directly bring us income, but we have to do them.

Okay, taking these two types of work, what you need to do is take your creative work, the work that makes your business go, and do it during the time of day when you re most focused and in the “mood” to work. For you morning people, that would be first thing. By the time you start to wear down, around mid day, the most important part of your day is done. After that, find a way to get through the dull stuff. I know it won t be easy, but it s mindless work so at least you won t have to put a lot of thought into it. Put on the stereo while you re doing it if you have to. Do anything you have to do in order to get it done.

For those of you who are night people, you probably guessed it, just reverse the process. Do the busy work first thing, and then as the night approaches and you feel more alert, do your most creative work.

I assure you, if you follow this simple plan, you ll find that your home based business runs like a well oiled machine.

To YOUR Success,

Steven Wagenheim

Multilevel Marketing

Posted in Home-Business on September 28, 2007

Basic Idea

Multilevel marketing (MLM), also known as “Network” marketing, are a way of selling goods or services through self-employed independent distributors. As a networker (independent distributor) you receive commissions - for both your sales of the company s goods or services and those of other people you recruit to join the distributors. Multilevel marketing plans usually pay commissions through two or more levels of recruits, known as the distributor s “downline.”

Downline is the distributors recruited by you, and you receive commissions on their sales and the sales of the distributors they recruit.

Upline is the distributors who are above you in the MLM hierarchy and who receive commissions (overrides) from your sales.

To be avoided are MLM plans that are actually pyramid schemes (so called “naked pyramid scheme”) in disguise - that is, plans that focus only recruiting more and more distributors, but have no substantive product at the bottom of the pyramid. New participants pay a fee to participate and hope to profit by recruiting others into the system. Chain letters are an example.

State laws against pyramiding say that an MLM plan should only pay commissions for retail sales of goods or services, not for recruiting new distributors. However, MLM companies typically structure their payment plan so that recruiting is more profitable.

Before you start working in particular MLM, get familiar with the following mainstream websites and web magazines.

You can find top Sites about Network Marketing at www.RichTrack.com.

Typical mistakes to avoid

1. The most important part of MLM is the education system of MLM company, but not “magic plan” nor “magic leader” who will help you to get rich quick. The most successful companies usually have the most advanced educational programs which cover people management, negotiations, sales, leadership, money management, and many more. Do not get cheated by “progressive plans” and “world leaders”. Marketing plan is just the part of MLM business. The small part.

2. Taking part in naked pyramid scheme. Check if your MLM Company runs a pyramid. Avoid any plan that includes commissions for recruiting additional distributors. It may be an illegal pyramid.

3. Easy Money. Network distributors who are successful know their products, their customers, the company s vision, and are ready to do that which is necessary “hard work”. A distributor whose mind-set is on laying a “foundation” rather than looking for easy money will be around a lot longer.

4. Be cautious of plans that claim you will make money through continued growth of your “downline” — the commissions on sales made by new distributors you recruit — rather than through sales of products you make yourself.

5. Don t pay or sign any contracts in an “opportunity meeting” or any other high-pressure situation. Insist on taking your time to think over a decision to join. Talk it over with your spouse, a knowledgeable friend, an accountant or lawyer.

6. Do your homework! Check with your local Better Business Bureau and state Attorney General about any plan you re considering — especially when the claims about the product or your potential earnings seem too good to be true.

Top MLM Companies

1. Amway Corporation - A Global Leader in Multilevel Marketing

2. Dorling Kindersley Opportunity selling children s books.

3. The Body Shop Offers skin and hair care products with information covering campaigns, values and company.

4. Golden Neo-Life Diamite International A multi-level marketing company selling nutritional products and water filtration systems.

5. Nu Skin Enterprises Corporate site. Direct selling company with three divisions, Big Planet, Nu Skin and Pharmanex.

6. Big Planet An internetworking company offering a financial opportunity to a vast network of sales representatives.

7. Herbalife International Corporate site. Independent distributor offer selling personal care and nutritional products.

8. Avon Products, Inc. Corporate site. Representative opportunity selling cosmetics, clothing, toys, perfume, jewelry, books, and videos.

9. Tupperware Official U.S. web site with products available for sale, and information on parties. Work at home career opportunities.

10. Seasilver USA Offering nutritional supplements. Includes distributor information.

Written by Helen Peshkova, RichTrack.com.

http://www.RichTrack.com is one of the first business oriented education portals. It s the leading online business information network for millionaires. The goal of RichTrack.com is to present business content in a professional, helpful and practical format that helps you getting rich.