Thursday, February 5, 2009
The Perfect Business
This video is about the network marketing business. The speaker is Robert Kiyosaki, a successful entrepreneur, investor and best selling author of Rich Dad, Poor Dad. He calls the network marketing business as the perfect business. Watch the video and you will see why this is the perfect business opportunity for me and maybe it is for you too.
Saturday, January 24, 2009
Been through it all before....
- Arthur C. Clarke
I know I’ve said before that there’s so much I feel like writing about the 4Life Research business opportunity, but somehow today, I’ve hit a brick wall. I can’t seem to think of any particular topic to write about. So be warned, this might end up to be just ramblings with no direction and no point made.
If I remember correctly, I did that once in another blog. I wrote a whole post without making any kind of point. I got smacked in the head for that. The post was pretty long and one of my friends read it. She read the whole post before finally realizing that I wasn’t actually saying anything or even trying to make a point. I’ll try not to do that here.
MLM Junkies
I think what I’m going to do in this post is to tell you about my previous experience in MLM and network marketing. There are some members of my family who are MLM junkies. They go from one MLM company to another every 6 months or so and make money by recruiting people. I don’t think they believe in the product or the company much. But they do make money recruiting people.
At first, my aunts and uncles, the MLM junkies couldn’t really figure out how to rope in my siblings and I into the MLM business. We were a bit sceptical about the whole thing. But then one day, one of them talked to my dad about their latest MLM program at that time, and he bought into it. So he joined and made a few of us, his kids join too.
The first MLM business I joined was a local company selling daily household products. Some of the products were quite good, so I thought since I was already in, might as well give it a try. So I did the business. I managed to recruit a few people, make some money on the side, all this while working a full time job. After a while, I was following my uncle all around the country on weekends on his recruiting talks. He was a pretty good speaker and he did quite well in the business.
Jumping From One Program To Another
But one of my aunties wasn’t very happy with the way things were going. She wasn’t earning much so she decided to move to another MLM program and she managed to convince her downlines, and some of ours to join her in the new program. I lost quite a considerable income. After she had done that, she convinced my dad to do the same, move over to the new MLM program and he brought us with him. So that’s when we started to move from one MLM to another.
I think in the space of 6 years, I probably joined and left more than 10 different MLM programs. Some of the programs I followed my dad (after the 3rd program I was already very reluctant) and a couple of them I joined on my own (Amway, via Network 21 and Enrich). Some of the programs I joined were quite good.
Had Enough
In 2003, I had enough. I had been to probably a few hundred talks on MLM programs. I realized I wasn’t building a business of any kind. I was just earning from the recruitment. In fact, when I think back, probably more than half of the products weren’t any good. We just made money from recruiting. That’s when I decided to quit. I didn’t want to be a part of this industry anymore. I wanted to build a business, watch it grow, earn from the hard work and contribute back to the people and the society that helped me build my business.
So I guess you must be wondering why I decided to join 4Life Research after 5 years being out in the cold. I can’t really say why. I looked at the product, looked at the company and the rewards plan, and thought “Hey, this is something I can do.” I’ve done it before with crappy products, built networks selling junk, this should be much easier. It’s a superb product. The rewards plan is great and we’re partnering up with a company with lots of potential. I guess it was time for me to start building my business.
Making A Comeback
So here I am, back in the network marketing industry, a new program and a new product. I haven’t spoken to anyone from my old networks about it yet. Most of them have become sceptics and wouldn’t go anywhere near another MLM program. I will talk to some of them one of these days and explain to them the business, but only after I’ve proven to them that it could work. I know a couple of them are watching me, wanting to know how I progress. If I do well, then I know they will join me and bring their network with them.
As for now, before I can bring them in, I’ve got a lot of recruitment to do and a lot of translations too (Very inconvenient to have most of the literature and materials in English).
P/s: Sorry I haven't got any photos again. I'll try and find something and paste it her in the some other day
Wednesday, January 21, 2009
Misconceptions about the MLM Industry (Part 2)
This is a continuation from the previous post. I first thought that this topic was going to be a rather short one. But then it turns out I’ve got a lot of views about this topic. I don’t think it will exceed 2 posts. Although I might decide to add on other views in future posts.
You only make money if you’re at the top
I think this is most difficult point to argue because to a certain extent, that statement is true. If you look at the way all the Rewards Plans is structured from any MLM company, it will look as if only the top people make tonnes of money. As the person on top, you will receive commissions from everyone below you.
But, if you look closely at the 4Life Research Rewards Plan, it is possible for someone lower down the order to make tonnes of money. I think I’m going to have to use a chart for this to show you how you could make more money than your upline.
Now for example, let’s say A recruited B who in turn recruited C and D. C then recruits E and F while D recruits G and H. If this were to remain constant, then in any given month, A will earn 72LP which is equivalent to USD 72.00, while B will earn 104LP or USD 104.00
As you can see, B is earning more than A. Some of you might look at this and say that this is all theoretical. It doesn’t apply in real life situations. Give it a try. Join 4Life Research and go out there and work harder than your upline. You will see the results in 3 months. The 4Life Rewards Plan was structured in such a way that the people who work hard at hard doing the business will enjoy the most benefits. It doesn’t matter where you are in the order of things.
It’s a pyramid scheme
I can’t deny this one. When you present the Rewards Plan, show it in a chart, it does look like a pyramid scheme. But, I guess most people don’t see that the organization that they work for is also built based on a pyramid structure (That is unless their organization has 10 directors, 5 GM’s, 3 Managers and 1 Exec).
The way I see it is that the biggest difference between both of these pyramids is, the person above me doesn’t determine how much I get paid for the work I do. I’ve worked for a few companies before under the same pyramid structure. I’ve had managers, deputy general managers, general managers, chief executive officers and directors above me in the pyramid structure. All of these people determine how I get rewarded at the end of the year. They decide on my increment and how much bonus I deserve.
Now, in 4Life Research, I determine myself how much I get rewarded every month. If I work hard enough, I get paid more. Ever feel like your monthly salary isn’t worth the amount of work you do? That’s how I felt every month when I was working in full time employment. You work your a** off trying to please the bosses and getting your work done, and at the end of the month, you get a measly paycheck.
Okay, once again, it’s getting a bit too long. Plus the fact that I’ve run out of points to argue at this moment. I’ll continue this post another day (If I’ve got time, tomorrow) and try to come up with more points to argue.
Tuesday, January 20, 2009
Misconceptions about the MLM Industry
Earlier on, I was going to write more about Platinum Networkers. I know I’ve got a whole post dedicated to them, but I feel that there’s a lot more to what Platinum Networkers does for their members which i have still to write down. Instead I’ve decided to write about the misconceptions about the MLM industry, especially in Malaysia.
I decided this while I was listening to one of our team members talking about his difficulties in making calls to potential recruits. These recruits signed up on his website, but wouldn’t pick up the calls when he tried to contact them to make appointments. This was during a Platinum Get Together session (more about that later).
Direct Selling
The general perception about MLM anywhere in the world is that you have to do direct selling. You have to go out there, meet people and try to sell the product. I guess the perception came about way back in the 70’s. I remember back then when Amway distributors went from door to door selling their products. They would go from house to house either trying to sell their products or to recruit new distributors. I remember my mom used to buy some of Amway’s products from a friend who was a distributor.
This perception of MLM was true back then, but not now. Most MLM companies have evolved to a point where you no longer have to do direct selling (although some still do). MLM companies now have structured their business plan to focus on recruiting new distributors. They stress more on the consumption of the products by the distributors rather than the selling of the product by these distributors.
Low Quality Products
I have to admit, there are some low quality products being marketed through the MLM industry. But this is basically a generalization and doesn’t apply to all products. In fact, I’ve mistakenly joined some MLM’s in the past market low quality products and have left once I realize my mistake. Although there are some scrupulous companies marketing their low quality products through the MLM system, not all of them are. In fact, if you were to study the industry closely, you will find something worthwhile. 4Life Research products are one of them. The products are so good that they can in fact sell by themselves.
I gave a sample of 4Life TF Plus Advanced to a friend of mine 2 weeks ago. She’s a sceptic. She’s not interested in MLM, in fact, she tries as much as possible to stay away from MLM companies or their products. So when I mentioned to her about 4Life TF Plus Advanced and that I wanted her to start consuming them (She had a flu at that time) she wasn’t very thrilled, especially since they came in capsule form. But she said “For you, I’ll do it” (She’s a good friend). I met her again a couple of days ago and now she’s quite happy to taking TF Plus. I promised her I’d try and get her a bottle of RioVida (Since she hates taking tablets or capsules) and I know once she’s tried that, she’ll probably sign up as a preferred customer (That’s if she doesn’t want to do the business).
So, if you do want to join an MLM company or Network Marketing company to try and makesome extra money, try to do your own research. Research the company, the products, and the effectiveness of the product. Try to surf the net for testimonials or discussions in forums about the products. Research the claims of the company producing the product and the background of the company too and i guarantee you will find a gem like 4Life Research.
Hmmm... looks like this post is getting a bit too long. Think I’ll stop here for now and continue this topic in the another post.
Friday, January 9, 2009
A very rewarding business...
Since I haven’t got any broadband connection, I’ve got to rely on my GPRS connection (if anyone knows what that means, please enlighten me). All I know is that it is so slow and highly unreliable. I’ve been getting booted out too often recently. I definitely have to sort out my broadband connection bill soon.
The Rewards
At this moment, I am not connected to the internet. This post is being written in Microsoft Word and will be copied to my blog once I’ve got my connection back. In the mean time, I do what I have to do to keep this blog going. Today’s post is about the Rewards Plan for those who decide to join the 4Life Research business. I would love to do the explanation in one post, but then it would be too long and I would probably lose your attention half way through. So I’ll start with the first method in which you can earn income from this business and see how things go at the end.
Life Points (LP)
Before I go on, let me explain about LP. Every time you buy a product from 4Life Research, you earn LP. How much LP you earn depends on the product you buy. For example, buying 1 bottle of 4Life TF Plus Advanced Formula (which is what I first bought) earns you 50 LP. The same goes for 4Life TF RioVida, But if you were to buy 4Life TF Advanced Formula instead, you would only earn 35 LP. 4Life TF Renewall earns you 16 LP and other products would earn you different amounts of LP too.
Becoming a Distributor
In order to become a distributor, you need to purchase products which would earn you a minimum of 100LP together with the “Compass Kit” (I think I already explained what this is in a previous post. Not sure which one though). In order to attract more distributors, 4Life Research has offered different packages for potential distributors to buy which results in massive savings. For example, when I signed up, I bought a package which consisted of 3 bottles of 4Life TF Plus which is worth RM 696.00 and the “Compass Kit” all for a very low price of RM 615.00 (Mentioned this before too). This package earned me a total of 115 LP
There are other packages available. If you’re interested, feel free to send me an email and I can send you more information on the packages.
Rapid Rewards
Now that I’ve explained what LP is and how you can become a distributor, I guess I should move on to the rewards of being a distributor. Like any other Multilevel Marketing Program, you earn a commission every time you sign up a new distributor. I’m not sure about some of the other programs, but with 4Life Research, you earn 25% of the Leadership Points (LP) each time you sign up a new distributor.
As an example, I earned 115 LP when I signed up. So in recruiting me, my upline earned 25% of my LP which is equivalent to 28.75 LP. Each LP translates to USD 1.00. So my upline has earned USD 28.75 by recruiting me. The exchange rate used by 4Life Research in paying Malaysian distributors is RM 3.775 for every USD 1.00. Since I don’t have a calculator handy, and trying to calculate this amount using just brain power is so taxing, I’m just going to estimate the amount, It should be somewhere around RM 90.00 for each new distributor you sign up.
Continued in next post
Since this post has gone on a bit longer than I expected (mainly due to my rambling at the beginning), I’ll have to continue this in another post. In that post, I hope I can finish explaining to you about the next 2 methods you get to earn from this program which is Preferred Customer and Personal LP Payout.
Tuesday, January 6, 2009
Here we go....
As I mentioned in an earlier post (Memory very bad right now. It was only a few posts ago and I already can't remember the title), I believe that for any multilevel marketing program to be successful, there are 3 key factors that you will have to consider. Product, rewards plan and support.
So let's talk about the 4Life Transfer Factors product. What this product does is that it fortifies and balances your immune system (Mistake in earlier posting saying it boosts your immune system. My apologies). Your body's immune system is the number 1 defense against all kinds of health problems. When a bacteria or virus enters your body, the immune system will take action by attacking the bacteria or virus.
So what does Transfer Factor do to fortify and balance your immune system. Well Transfer Factors provide your immune system with the knowledge and information required for the immune system to fight off various health problems. Our body already contains Transfer Factors which help our immune system fight off diseases. When the body is under attack from bacteria or viruses, transfer factor will identify the threat, i.e recognize the treat, respond towards the threat, then remember the nature of the threat and store this information for future reference.
Another thing that 4Life Transfer Factors products does is it increases the effectiveness of Natural Killer cells (NK-Cells). NK-cells are a major component of the innate immune system. The innate immune system is the first line of defense in fighting against infections. In the body, the NK-cells play a major role in rejecting tumours and also cells infected by viruses. According to studies conducted in Japan, individuals with low NK-cell activity develop cancer at a faster rate compared to those with a higher NK-cell activity.
Now, I guess I've established the reason why I chose this product. 4Life Transfer Factors product is a scientific breakthrough. It balances and modulates your body immune system and it increases the effectiveness of the body's NK-cell effectiveness which targets tumour cells, cancer sells and infected cells. As I am a pretty heavy smoker, the effectiveness of NK-cells in my body is important as I have a higher risk of getting cancer. And since I have no plans to quit smoking soon, I guess i should beef up my body's defence against cancer while fortifying my immune system at the same time.
Monday, January 5, 2009
Finally....
Saturday, January 3, 2009
Internet Marketing...
Trying to make a sales or recruiting a new distributor involved a lot of hard work too. Distributors would have to do a lot of direct selling, door to door marketing and try to persuade the potential distributor to join the MLM program. That was the case when Amway started out back in the 70's. In fact, some of the direct selling practices are still being in use.
With the introduction of the internet MLM programs found it much easier to overcome the obstacles of direct selling. It became much easier to cross international borders. All these companies needed was a presence on the internet. Since venturing into internet marketing, a lot of distributors have found that they do not need to make direct sales. All they have to do is promote the product and the sales would be done through the internet.
Nowadays, to build a network marketing program is much easier. All that a company needs to launch a massive internet marketing campaign is to recruit some of the internets top network marketing specialists. These are people who are hugely successful in network marketing and have made millions from promoting other peoples product. Over the years, they have built huge networks consisiting of millions of people. Companies have found that this is the easiest and quickest way to promote a product on the internet.
Thursday, January 1, 2009
The MLM system...
Thus, that was what happened with the last post. I wrote that last week. I don't usually post anything that personal on any of my blogs. In fact, it took me a whole week before I decided to post that. I wasn't too sure if I wanted anyone to know my most intimate thoughts. But since I already had it written, and I didn't have anything else to say, I thought I'd just post it.
Now that that's over, I guess we can get back on track. By now you'd probably have guessed that I haven't joined the business yet. I have however attended one of their presentations. This presentation was by a group within the 4Life organisation called Platinum Networkers. They are mainly based in Malaysia but I think they will expand internationally pretty soon.
Most of the 4Life Transfer Factor business in Malaysia follows your standard multi level marketing model. This standard MLM model basically requires you to recruit people on your team. These people will then in turn recruit others to be under them, thus making your team a reverse christmas tree. Those who join the MLM progam, will be required to maintain a certain number of points every month. This is done by purchasing products from the company.
This MLM system has made a lot of people a lot of money. The system works. The only problem most people have in this system is that they are required to do a lot of talking, they have to meet a lot of people, and in some cases, they even have to sell the products, i.e. direct selling, in order to succeed.
In my opnion, there are 3 important factors which make up a successful MLM system.
- Any product can be sold using the MLM system, but having a good product is the biggest factor that will determine the success of the MLM system. People join MLM systems because of their potential earnings, but if the product promoted through the system does not meet their requirements, they will leave.
- The compensation plan is also an important factor in determining the success of the system. People who join an MLM system would want a reasonable return within a specified time frame. If they do not get what they think is worth the effort they put into the system, then they will also leave the MLM system.
- Finally, teamwork is also an important factor. In any MLM system, if people don't get the support they need to make the business work from their uplines or even their fellow teammates, they will leave the system too.
What Platinum Networkers has done is to take this system, and put it on the internet. So rather than the members having to do all the talking and the selling, the internet does it for them. This isn't a new development in the MLM industry. There are a lot of other products out there using the internet to promote their MLM system. But what's important is that this method works, and most of those who use this method doesn't really have to do much. Everything is automated. I'll explain how this works in another post.
P/s: I hope Cheanu doesn't mind me using his photo. I hijacked it off his website www.cheanu.com
Monday, December 22, 2008
What I'm taking...
Now that I've written what I know about Transfer Factors, it's time for me to tell you what I'm consuming. Once again, let me remind you, I haven't joined the business, so I really don't have much literature on it. Thus I don't really know much about it. All I know is that I'm taking 2 of 4life Transfer Factors products.
- Promotes the immune system’s ability to remember past invasions, allowing your body to more quickly respond to similar health threats
- Educates naive immune cells about a present or potential danger in your body along with a plan for action
- Speeds up the recognition phase of an infection, making the duration of an illness shorter
- Boosts your immune response, or balances it by suppressing an overactive immune system
Maitake and Shiitake Mushrooms—long known to promote T-Cell (immune system) function and other healing properties.
- Cordyceps—rich in polysaccharides, which help activate immune system response.
- Inositol Hexaphosphate—gaining attention for its preventative immune power.
- Beta Glucans—an important immune cell stimulator. They are the “wake-up” call to white blood cells.
- Beta Sitosterol—a phytosterol that has been shown to help activate immune system response.
- Olive Leaf Extract—may be instrumental in slowing the duplication of infectious cells
P/s: I might have uploaded the wrong photo for 4Life's TF Advanced Formula Plus. It looks more creamy than greyish.