Everything you need...

The difference between a successful person and others is not a lack of strength, not a lack of knowledge, but rather a lack in will.
Vince Lombardi

Sorry I haven’t written anything in a while. All of a sudden, things started to move from “Nothing to do” to “Some things to do” and finally to “I haven’t got enough time” in the space of a week. Now it seems I have to squeeze time to be able to write this post. Not to worry. I’m not going to compromise on my writing. I will still try to provide you with as much detail about the business as possible.

Coming back to topic of the factors that will make a good multilevel marketing program, the third and final component is support. Support comes in 2 forms, one is from the company, and the other one is from your team.

Support from the company is crucial. You need this support in order to grow. I’ve seen a lot of MLM programs right here in Malaysia dwindle down just because the support from the company is lacking. When we talk about support, we’re not just saying that the company has to support their distributors with products, but a whole range of other things.

Materials are one of the most important tools for a distributor. The company needs to provide sufficient materials for the distributor to approach and recruit more distributors. Apart from that, the company must also provide training and also a place where distributors can meet with potential recruits or customers.

The company itself must have a solid background. One of the problems with a lot of local MLM companies is that they don’t have much of a background. Their foundation isn’t strong and when their products do not move as fast as they expect, the company dies.

4Life Research has 10 years of solid experience in the industry. They were formed in 1998 and in 2003, they were recognized by Inc 500 as one of the fastest growing companies in the world. They have now expanded to 22 countries around the world and they are still growing. They currently have a monthly turnover of about USD 4.5 million a month.

Another area of support every distributor needs is from his or her team.

This support is in 2 different forms, one is training and the other one is moral support. A lot of people who join an MLM business will not have much experience (Although there are those with too much experience). They need to be trained and the team members, especially their uplines, will have to provide this training.

Platinum Networkers is one such team. They provide training on the products, the rewards plan, approaching prospects, talking to them and answering their queries. This is all essential training for every new distributor.

Another thing that Platinum Networkers provide is moral support. Like any other business, MLM is not easy. It’s not difficult but without the right support it could be. Every distributor will go through times when they think that it’s impossible to do the business, especially at the start. Most MLM distributors, quit within the first 3 months. It is crucial for the team to provide moral support and encouragement during this time. Platinum Networkers does exactly that.

I guess that covers most of the things about the things any MLM business needs to have in order to succeed. These are the main reasons why I chose 4Life Research. It has a great product, one of the best rewards plan in the industry and also great support from both the company and the team I joined, Platinum Networkers.

P/s: Photos of training sessions will be posted soon. Have to get Cheanu's permission to take the photos first

A very rewarding business (Part 3)...

“The secret of success in life is for a man to be ready for his opportunity when it comes.”
Earl of Beaconsfield

From now on, I’ve decided to start all new posts with an inspirational or motivational quote (That is until I get too lazy to search for more quotes). That’s what you see up there. A quote from the Earl of Beaconsfield (Do not ask who he is. I don’t know).

Continuing from the last 2 posts, this should be the final post in the series (Unless I run out of room towards the end). This post will explain to you the final two methods in which you could earn a nice income from the 4Life business. This post explains the bulk of the income, the “Generational Bonus”, and maybe, if I have room at the end, the "Power Pool".

Generational Bonus

The “Generational Bonus” could potentially make up the bulk of your income. Basically, this is the income you generate from the consumption of the 4Life products by the distributors that you recruit and the ones that they recruit. How much income you receive depends on how many LPs your distributors earn.

I’ll give you an example somewhere further down. For now, let me just explain how you earn from here. For your first level downline (distributors recruited directly underneath you), every month you earn 2% of their LP. For your second level downline (distributors recruited by you first level downline), you earn 25% of their LP. You can also earn from downline further below. The following chart shows you how you can earn from them.

Come to think of it, maybe I won’t give you an example. It’s a bit complicated. Just check out the chart below and use that as a guideline.

Power Pool Bonus

To me, this is how you can almost double your monthly income. If you recruit 3 new distributors in one month, and these 3 distributors maintain their LP the following month, in the 3^rd month you will receive 3% of the global sales.

Now, I don’t know how much the global sales figures are and I have no idea how many distributors qualify for this every month. I was told, it could amount to the same amount as your monthly income effectively doubling your income for the month. But then since you only receive it 2 months after you recruit the 3 distributors. So effectively, it doesn’t double your income.

Okay. That’s about all the methods you have to earn an income. I guess the most important question that everyone wants answered is, “Can I do it?” As for me, I’ve decided to give it a try. I’ve decided to set a target of 2 new distributors per month. Based on my calculations, if I recruit 2 new distributors per month, and all my downline do the same, I could be earning around RM 4000.00 in 5 months time. That’s my target.

P/S: I was going to post the charts, but then I just realized they're copyrighted. So I have to get permission from Platinum Networkers to do that first. I'll do that soon. Promise

A very rewarding business (Part 2)...

Seems to me that there’s so much I want to write about the 4Life Transfer Factors business. I want to write about the products, the business plan, the rewards, the training, and I also want to write about my strategy and my targets and also how I’m getting along. I just can’t seem to find the time. When I do find some time to write, I prefer, as much as possible, stick to the topic I was discussing and try not to veer too far away from the topic of the previous post. Hopefully I’ll get around to writing about all these when I’ve got a lot of free time.

Before I get too far into this topic, I’d like to apologize for a mistake I made in the earlier post – “A very rewarding business (Part 1)...”. The mistake that I made was saying that LP meant Leadership Points. It actually means Life Points. I have, upon discovering my mistake, amended that post. My apologies once again for that mistake.

Preferred Customers

In my last post, i explained the first method where you can earn an income from this business which is through the Rapid Rewards. Just to remind you, Rapid Rewards is the amount you earn when you recruit a new distributor which is 25% of the new distributors LP when they sign up.

Another method you can earn income is when you sign up a Preferred Customer. A Preferred Customer is someone who just wants to consume the products but does not want to do the business. You can sign them up as a Preferred Customer, and once they are a Preferred Customer, they can purchase products directly from 4Life Research. You will earn 25% of the LP for the products purchased by Preferred Customers.

As of today, I have yet to sign up a Preferred Customer, so I can’t really give you an example of this. In fact, I haven’t even signed up a Distributor either, but then this is my 2^nd week in this business and I do have high hopes for it.

Personal LP Rebate

As a distributor, you are supposed to maintain a minimum of 100LP every month. There are times when you LP will exceed this minimum. When your own personal LP exceeds the minimum, you will receive a 25% rebate from the total LP that exceeded the minimum.

As an example, when I joined the business, I bought a package which earned me 115LP. As a distributor, I am required to maintain a minimum of 100LP every month. I will get a rebate for any amount of LP that exceeds the minimum, in my case 15LP. So next month, I should be receiving 25% of my excess LP which is equivalent to USD 4.75 which is roughly RM 12.00 (Once again, just an estimation. Don’t have a calculator)

Continued in the next post (again)

Sorry, since the next method in which you receive income from this business could potentially be a very long post, I’ve decided to cut this one short.

A very rewarding business...

My internet connection sucks. As of a week ago, I am 6 months overdue on my internet connection bill. Not that it’s too expensive or I couldn’t afford to pay or anything. Just that every time I’m about to pay, something else comes up. A burst pipe in the bathroom, a seized radiator fan and air-conditioning fan, a burst tyre, kids school fees, and a bunch of other problems keeps cropping up. I have to get around to settling my internet connection bill soon.

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.