I used to be in partnership with a company that claimed 5Linx was a spin off. I think there is some truth to it. At the time, 2009, the said company had been around for 18 years and 5Linx had only been around for 8 years. Anyway, I don’t think that matters at all. Companies and even TV shows spin off all the time for different reasons and different visions.
5Linx announced on their corporate blog a little while ago that they are heading to San Antonio, Texas on May 13th – May 16th for their International Training Event. These events are very important especially if you need a little more belief in your business and your team.
I think anyone who wants to take any profession serious needs to get to the events; period. That’s applicable to lawyers and doctors too.
At press time, 5Linx has been around for about 14 years. They used to be all about telecom and the video phones. However lately, they’ve expanded to some wellness and even business related products such as merchants, health care etc. They even dabble in the energy deregulation wave that’s been happening for a few years now.
About Succeeding in 5LINX as an Independent Rep:
The investment minded 5Linx rep is the driving force in 5Linx and the other MLM companies. In every 30 representatives sponsored into 5Linx, the expectation must be 3 or less investment minded business partners who become the super stars. The rest of them are opportunity minded individuals. They are in it for exactly what they can receive from the world and not what they can provide the world.
This behavior is actually the standard and the very reason why you might see some declaring the 98% failure rate in business opportunities such as 5Linx. It has absolutely nothing to do directly with success rate in the company itself; however the entire industry.
Is 5Linx a scam?
This concern originates from fear. There is absolutely nothing wrong with some level of fear as cautionary tool. Let me share with you a silver bullet way to know if a business structure is a scam, ponsi scheme or something you should stay away from. If there are no genuine products being distributed that individuals would spend money in exchange for even if they were not involved in the income opportunity, then you most likely ought to run.
When you search the search engines for 5Linx reviews, you are most likely not going to come across a lot of honesty on Google.
Most people that signs up with a MLM opportunity such as 5Linx were invited to a home meeting by a pal. They are typically individuals who work at regular jobs without any business development obligation.
In 5Linx, you will certainly have 2 types of independent representatives. There is the typical representative which consists of about 91 – 96% of the representative population. But there is the leading 1-3 % that make most of the money.
The beautiful aspect of the business model is that each and every single rep can choose which of the sectors they want to be in 6 months from the point of choice. Not only in 5Linx, but in every MLM business. The distinctions in compensation plans are just not relevant.
5Linx is a company that uses the multi-level marketing model to distribute its products. This model includes a compensation plan that pays regular individuals for presenting the products to their closest friends, family. The Network Marketing business model offers an average human being a chance to get into the entrepreneurship world.
Even though the 5Linx will compensate you for personal and team production, your independent staff member agreement says 5Linx has the right to terminate your account If they dim you or your business practices damaging to the company wide goals and objectives.
However, you can ultimately use them as a business partner which is what I suggest if you don’t want to become another piece of the representative failure stats in the multi-level marketing industry.
Success in the opportunity requires finding out some skills beyond what 5Linx might have offered or may offer you. This is the point where we know the distinction in between those in the business for what they can receive from the world versus how they can affect the world.
This is where you discover the distinction between the average whining that their upline is not readily available to babysit them and the champions that takes full ownership in their destiny with 5Linx.
As a representative, when marketing your 5Linx opportunity, attraction marketing is what you have to adopt. I do think you need to launch a brand-new network marketing profession to your existing contacts. But after a launch, the next sensible thing to do is to discover ways to market and prospect like a PRO.
People sign up with individuals. People don’t join companies anyway. People choose if they want to work with you if they feel like you are that leader in 5Linx they ought to work with. The very first thing your potential customers will do is to Google search your company name if you lead with the company brand in this time and age in marketing.
If they do that without them being already sold on dealing with you as a leader, they will either find negative things on the internet about your business opportunity or find another upline in 5Linx to work with.
Among the lots of reason why there are lots of failure in 5Linx that you must avoid is pushing the company’s brand. Often when I am talking with an MLM rep when it comes to marketing, they find themselves tippy toeing through the business since they are scared of breaking the company rules.
The only way to break the company rules is by utilizing the company brand. That’s bad marketing for an MLM rep anyhow. There is not a rule that ought to be relevant to your mode of operation.