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MLMs and Taxes: Apps for Android and iOS

To close out our week on taxes, we researched some apps to help you as you prepare to balance things out with Uncle Sam. There are many advantages to owning your own business but one disadvantage can be a more complicated tax structure. Having the right app can make all the difference, but choosing the…

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Common Compensation Plan Mistakes

At our Direct Selling Edge Conference for new and young network marketing and party plan companies, I presented three sessions on compensation plans.  Toward the end of the third segment, I shared with the attendees eight common compensation plan design mistakes. These are very important, so I am sharing them with you now. Too High Rank Qualifications…

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Building Your Brand On A Budget

Build your brand on a budget

Most network marketing companies realize that the strength of their brand can significantly impact the success of their company. To that end, some companies have mortgaged everything and bet their future on a single thirty-second Super Bowl ad at a hefty $2.3+ million a pop. Or maybe you’re on a strict, modest budget and can…

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Seven Steps to Success in the MLM Industry

It was my great pleasure to work with Eric Worre to help improve my skills in the MLM business. The following are what he calls the seven skills to success in the network marketing profession. Finding prospects Many people in our business believe that if they know a lot of people, they can have a…

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The Elevator Speech

Did your grandma ever ask you what you do? You start explaining your job, your business, what happens each day, what goes right, and what goes wrong. Then, before you know it, she has fallen asleep? What happened? What happened is that you were unable to articulate, in sound bite fashion, in language she could…

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Explaining What You Do In 15 Seconds

You’re in the elevator and your friend John introduces you to Barbara who is the CEO of one of the companies you’d like to do business with. Barbara asks, “What do you do?” Here is your chance to make a connection with a prime member of your target market. You want to get her attention,…

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Your Personal Party Plan: Invitations, Themes, and Games

As a business owner, you’ve no doubt made some goals in either sales or earnings as part of your business plan. Chances are you joined the business that you did because you either attended a party or felt that parties are a fun way to do business. No matter if you sell health, home decor,…

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