Monthly Archives: March 2017

Extra Income For Seniors

Many years ago, my Dad was in a joyful mood.  He was retiring from a small food brokerage with a nice pension.  He had worked hard all of his life and was now reaping the benefit of those years of labor.  He retired at 65 and lived another 30 years.   He and my mother had a great retirement together (except  for her vision problems), but financially they were as secure as any one could be.

But now days  things have really changed.  Through the past 30-35 years, the stability of retirement funds have disappeared.  Sure the 401K has been added,  as other “saving or retirement programs”.  But the mainstream “pensions” are drying up like a river bed in the hot Arizona sun.  

The promises of many companies cannot be fulfilled because of hard economic times.  One day you have a great retirement fund to look forward to and whamo…it’s gone.  There were many retirement stock market programs  which some of you took  out.  Many again, are gone!

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What Is An MLM?

What is an MLM?

Let us define what an MLM is.  “Multi Level Marketing (MLM) is a controversial marketing strategy for the sale of products and/or services. The salesperson, distributor , consultant, promoter, independent business owner or what ever the participant is called,  receives a commission for direct sale of a product/service and  a smaller commission from any one who he has enrolled in the MLM company”.

One of the incentive of an MLM company is that this is a “home based business”with no office to commute to.  In fact this is the most common denominator among all MLM companies.

Each MLM company has it’s “own” compensation program and rules for distribution of wealth.  Many times the only ones that are making the big $$$ are the ones who were in on the “ground floor” when the company was formed.  In another words, the lower in “rank” the less pay you will likely receive in the compensation.

The company will encourage you to build your own network or team.   This is possible for the person who has a “sales” type personality.  The average person who lacks the aggressiveness to sell someone the “plan” usually will have a much smaller team and smaller income from down-line members.  The same thing is true of the direct sales to “customers” which in many cases are other participants in the company rather then those customers outside of the company.

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