Posts Tagged ‘Start-Ups’
The Top 5 Reasons MLM Companies Fail by Jeff Jordan
One of the first things almost every new prospect asks me is, “What are the reasons that MLM companies fail?” I believe there are several reasons why MLM companies fail. First, let me dispel the myth that MLM companies fail in greater ratios than that of traditional businesses. That just isn’t true. All businesses fail at approximately…
Read MoreThe Role of the Fast Start Bonus
As you’re designing your compensation plan, you may want to consider implementing a fast start bonus. Fast starts are designed to round out your primary commissions—focusing earnings on distributors your basic plan doesn’t automatically reward well. They can reward salespeople for customer acquisition or encourage new distributors to “hit the ground running.” Both versions have…
Read MoreWhy and how you should train your team
Training: High school football teams do it for the season and elite athletes do it for the Olympics. Corporate employees and sales teams do it, too. For many, running the stadium stairs has more appeal than spending the day in a corporate training session. Business training can feel tiresome, condescending, and perfunctory—a hoop to jump…
Read MoreBuild Your MLM Business with Instagram
When Facebook offered a billion dollars for Instagram—instantly making its 13 employees multi-millionaires—Facebook was recognizing a very good thing. And what Facebook saw is even better for your MLM business than it is for their social media! Why? Because it’s visual. And it’s instant! Whether you are an independent distributor or company executive, you’re probably…
Read MoreSo, You are Thinking of Starting a Company: What You Need to Know
The direct sales industry is on the rise. I’m approached every day by people looking to enter the direct sales market with a startup company. Here at InfoTrax, we launch an average of three startup companies every month and due to the growing main-stream acceptance of direct sales, I expect the trend to continue. Starting…
Read MoreStarting an MLM Company That Will Last, Part 2 Compensation Strategy
Multilevel Marketing is big business. There are dozens of companies (including Infotrax) that sell products and services to MLMs new and old. My company has been supporting companies in the industry for decades. I have seen a lot of companies start: some fail some succeed beyond their wildest expectations, and many others fall somewhere in…
Read MoreStarting an MLM Company That Will Last, Part 1 4 Phases of a Company
Multilevel Marketing is big business. There are dozens of companies (including Infotrax) that sell products and services to MLMs new and old. My company has been supporting companies in the industry for decades. I have seen a lot of companies start: some fail and some succeed beyond their wildest expectations, and many others fall somewhere…
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