Sunday, September 21, 2008

What is a 5 Pillars Company?


What is a 5 Pillars Company?

A 5 Pillars Company is a company that has 5 important parts to it that are vital to your success as a member/distributor of it. I'll discuss each of the Pillars below.

You want to be sure the company you are interested in has ALL 5 of them and you want to know this BEFORE you sign up with them.

You are making a decision that will impact your future success. Your decision will affect your family, your time and your income. I know there are a LOT of exciting offers out there. Take a step back from your excitement. Let your research help you base your decision on facts rather than the emotional high from the offer at hand.


The 5 Pillars


Pillar 1. Company Management Experience with Integrity!

A good company should have management who has experience building a network marketing company themselves. And a good company should have Integrity.

Do a simple Google search on the company owners. Put their name in the search bar surrounded with quotation marks. Try putting the word "scam" behind their name. What do you find?

Consider this. When a company is built by an owner who has built a large business or downline themselves, you could call them "Distributor minded". They will be more mindful that the pay plan will be good and it will be easy for even part timers to build a business with them.

When a company is built by Fortune 500 executive types who have never built a network marketing business themselves, they will be more "business minded". The pay plan will be designed to pay the company not the Distributors.

The company's Policies and Procedures (P&P) should be available to you before you join. This will be your legal contract with the company. You owe to yourself to read it over BEFORE you join.

Typically, the shorter the P&P, the better. A short P&P that is short and to the point means there is low overhead. The cost to run the company is minimal....so the company is able to provide a better pay plan paying more money to the distributors.

Companies with high overhead always have a long, long Policies and Procedures. These are the kind of Policies and Procedures that even a lawyer would dread reading.

Beware of these clauses:

Annual renewal Clause. This means you have a one year contract with your company. They can choose NOT to renew you!

Ongoing Obligation Clause: You will have an ongoing obligation to "___" (often the blank is filled in with RECRUIT) meaning if you fail to recruit as per the P&P clause, the company has the right to TERMINATE you regardless of your level of achievement. [How would you like to work hard and build your organization to a level of $10,000 or more per month only to be terminated because one month you failed to meet the ongoing recruiting obligation?]

Termination Clause: This clause gives the company the right to terminate you at will. {How reassuring is that!??]

Here is another search to try. Look for the company's products on Ebay. How much cheaper can you buy the products for? A lot of people shop on Ebay and if they can buy those products cheaper they will!

Pillar 2. Timing in the company, Timing in the industry!

In general, you want to be with a company that is at least 2 years old, preferably 4.

99.2% of new companies do not survive the first 2 yrs after they launch. They have great difficulty surviving their growing pains. Changes can and will be made to the compensation plan.

Where will this leave you the distributor?

Often there are software problems. Bugs need to be worked out; formulations need tweaked; upgrades need done.

Pillar 3. A Fantastic Product at Value Pricing!

Most companies have great products. Ask yourself if you would buy this product at the asking price if there were no business opportunity involved?

Can people buy the product without being a distributor? Retail sales should be a big part of your business volume.

You want to build with both customers and distributors. If you only have distributors, you are in a "recruit, recruit" business model. If you are recruiting, recruiting, recruiting you're just building a paycheck not a long lasting residual income! There simply is NO residual income in recruiting!

Pillar 4. The Compensation Plan!

What constitutes a "good pay plan"? My answer to you is one that pays the most, for the least amount of people, in your organization!

Can a part-time networker make money with your pay plan? How much money do you make on a retail sale? If you are being paid 7% or less on the retail price, it will take you out of the game!!

Here is a simple formula that will show you exactly how many people you need in your organization to make your desired monthly income. I use $10,000 per month for easy figuring. I call it the 10K Question.

Figure out how much money you make per person, per spot, and divide that into your desired monthly income! That simple formula will give you the exact amount of people you will need in your organization to make your money!

Example: $10,000 divided by $4.83 = 2,070 people under you who are ordering the minimum autoship every month.

If you want to earn $1,000 per month, divide both by 10. Result: 207 people under you.

The industry average is 2500 people for $10,000 per month.

Will you be able to build it that big? Will you be able to help your downline build theirs to so you can maintain your organization? How likely is it for a part-time person to achieve that?

Pillar 5. Systems for Success!

This is the "Glue" that holds it all together. You MUST have a system that ANYONE can plug into to have leads come to them. The SYSTEM must be duplicatable.

SYSTEMS are duplicatable, PEOPLE are NOT.

Every new Distributor will ask themselves, "Can I do this?" and "Can you, will you, help me?"

Network marketing is NOT a sales business. It is a relationship business! People join people, they do NOT join companies!

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If the company you are looking at is missing any one of these 5 Pillars, you must decide for yourself if it will be worth your time and money to invest in that company.

As a business mentor, I can help guide you through the steps in spotting a legitimate company that will pay you for your efforts of building it BIG and building it ONCE and that will be there to pay you, your children and your children's children.


Click Here for more free MLM Information



Janet Hanson
Live Your Dreams and Enjoy Life!

Thursday, September 11, 2008

Mad TV Bob Newhart Skit - Mo Collins - Stop it

***I claim no rights to MadTV or the material presented in it and no Copyright infringement is intended.

Enjoy this fan favorite classic Mad TV skit with Bob Newhart. It seems to me that there is a grain of truth to it...




....whenever you catch yourself listening to old negative thoughts, just " Stop It!"

I like to think of it as me "changing channels" in my mind. I consciously "Stop It" and "Change Channels" from the negative tape to a positive tape.

At Mentoring For Free we do a 30 Day Mental Cleanse. It has helped me be aware of the negative self talk I have had for years. Once aware, I can CHANGE!

Is Your Life Worth 30 days ? If it is, Start NOW.

Click Here for more information on the 30 Day Mental Cleanse



Janet Hanson
A Mentor with a Servant's Heart

Wednesday, September 3, 2008

Go For YOUR Dream - Network Marketing and John Deere Tractors

Go For Your Dream - Network Marketing and John Deere Tractors




Achieving your Goals takes Time, Effort, Proper Tools and a Daily Action Plan.

My Dad's goal was to restore John Deere tractors and have his kids drive them in the hometown parade.

My Goal is to help others build their Internet Network Marketing Business.

Get the proper tools by downloading my free e-book, Success in 10 Steps.... Just Click Here! It changed my Life!

Janet Hanson
507-227-4302 Anytime

Monday, August 18, 2008

What do you tell your Prospects when They ask you: "How much are You making?"

It is a very good question from your prospect's point of view. They want to know several things:

1. Will it be worthwhile to invest time in your opportunity, or

2. Are you successful or not. If yes, they'll keep listening. If not, they have an excuse to get rid of you.

So how do you answer that question?

Try this the next you get asked that question:


"I found out that I need to get about 125 people using products regularly. This can be customers or business builders. This will replace $30,000 income at my job.

So, one day I asked myself, "Which is easier for me to do? Continue working at my job for the rest of my life....or learn a system how to get 125 product users?"

Right now I am learning to use a system to accumulate those 125 users.


Janet Hanson
Click Here to Learn More

Tuesday, June 10, 2008

What will the Next Five Years Bring?

What will the next 5 Years Bring to You? Graduation

"My friend is going to college for five years to become a professional. At the end of those five years, he graduates. Then he will start his career by looking for a job.

Another friend is building his network marketing business for five years. At the end of those five years, instead of starting a career, he will retire."

That really gives a person something to think about.

Tuesday, June 3, 2008

Spam???? Isn't that a little tin of canned Ham??

Spam? Isn't that a little tin of canned "ham"? Spam in can

When was the last time you learned something new to build your network marketing business?

Let's say that you're an old pro. You've been actively networking since 1980 -- but you're still using 1980 techniques! Has the world passed you by? Are you crippling your efforts by not taking advantage of new techniques?

Well, what has changed since 1980? Let's see.

In 1980 . . .

CDs and DVDs hadn’t been invented yet. You couldn’t pass out or use a CD to prospect or explain your plan. In fact, VCRs were just coming on the scene.

You could not use a fax or fax-on-demand for prospecting, distribution of forms, or getting the marketing plan immediately into a prospect’s hands. There weren’t any fax machines.

Internet? That’s over 10 years away. There were no company home pages or even ways to access them if they did exist.

E-mail? You’re kidding. Spam still meant luncheon meat with the shelf life of gravel.

Long distance calls were expensive.

There were no conference calls.

Many prospects didn’t have credit cards.

And most prospects would give you 20 or 30 minutes for a presentation.

Things change, don't they?

When was the last time you took time to learn new prospecting and sponsoring skills?

If you’re still using 1980 or 1990 techniques, your competition might be stealing your best prospects while you’re working hard, but using ancient skills and out-dated, inefficient techniques.

Do You Want to learn some new techniques? Do You have Unaswered Questions? Do You Want to Have Success with Your Business?

The Answers to these Questions are in http://livetoday.successin10steps.com/ " Success in 10 Steps".

Download it and read it to get you started on the road to success.

I Appreciate You!
Janet Hanson
jkhanson7@gmail.com


Life Is not the amount of breaths you take, it’s the moments in your life that take your breath away.

Saturday, May 17, 2008

The 10K Question

When we take a job or a salaried position, we know what our hourly wage or our annual salary will be before we start. If we buy a business, we will have projections and reasonable estimates of income.

Why is it that when we start a home based business, we don’t even think about asking those questions? When we start a home based business, we should know how hard we will have to work to achieve our goals. Otherwise, it is like starting a job and finding out months later what we are being paid!


Michael Dlouhy has taught me to ask The 10K Question:

“How many active distributors do I need in my business to generate a walk away residual income of $10,000 per month?”

I like the question for several reasons.

1. It leaves out products. We don’t get into discussions like “My long distance is better than your legal plan! My lotion is better than your potion!”

2. The word ‘active’ avoids discussion of attrition rates and the commitment levels of your team.

3. The phrase ‘walk away’ makes us investigate our policies and procedures to make sure we can actually retire and pass our business on to our children’s children. It also ensures that if we do take a break or vacation, our business will still be there when we come back, and our team will continue to be well taken care of.

4. The word ‘residual’ makes us calculate how much money we will make from retail or wholesale sales, not just from recruiting.

5. The figure of $10,000 makes us think big. It’s also fair to the company, as most or all of the commissions and bonuses will have kicked in by then.

If we started a job or bought a traditional business, we would know our salary or the income projections from the previous owner. When we start a home business, however, we rarely ask that question, and we should!

I worked for over two years in a home based business following the advice of my upline to BUY LEADS. I spent thousands of dollars on leads. AND then I discovered that it was going to be almost impossible for me to reach my goals. I wish I had asked the 10K question before I started.

If you do not know the answer to that question in your present business, find out before you waste two years like I did.

If you are considering starting a business, ask the question. If your sponsor or upline or company rep support cannot answer you, RUN! As Michael Dlouhy says, “Run far and run fast!”

If you’d like some help to calculate the 10K answer for your company, I will be glad to work with you. I can also help you analyze your company’s Policies and Procedures to see if your business is protected for you and your family.

Start by downloading the free ebook Success in 10 Steps.
After you download the book, I’ll contact you to show you the rest of the free training system, the audio version of Success in 10 Steps, and many archived training calls - all free and all generic.

I look forward to helping you any way I can.

Dedicated to your success,

Janet Hanson
507-227-4302
Skype: janet.hanson57

**My thanks to Bob and Anna Bassett with this post**