Entrepreneur TNT

From the Desktop of Stephanie Robey, Internet Entrepreneur

Why Read This 5Linx Review?

I am NOT a distributor or an employee of this company. I have an MBA and have spent many years learning things the hard way that eventually led me to be an expert in this industry. I have over 2 decades entrepreneurial experience in various businesses, primarily start-ups and am writing this so you can make your own decision about 5Linx as a business opportunity.

5Linx provides technology through a traditional Network Marketing business model. I see a huge opportunity for distributors in this company and will tell you exactly why at the end of this review.

Any business start-up will require your money and your time. Lots of both. MLMs are unique in that the startup costs are considerably less than say, a franchise, or a start-up. Never the less, you’ll need a mindset for success and the ability to really focus and get things done on your own.

The company has a sensible management team and a great compensation plan. I believe there are opportunities here to make a decent income if you understand how to market this company utilizing new technologies and marketing systems.

Read below for specific details.

Review of Pros & Cons

Reputation

No glaring complaints jumped out in regards to the company. There were several distributors online that had switched to other companies with similar product lines but all were professionally handled with no “word slinging”.

Looking online at the FTC (Federal Trade Commission) site revealed no outstanding complaints, either. The Better Business Bureau (BBB) in Rochester, NY, showed dozens of complaints, all resolved. No government action or ad infringements currently existed against the company.

Years In Business

According to the BBB, the company has been in business since January, 2001. It’s always good to go with a company that has been established for a few years because statistics show most businesses will fail in their first 12 months.

5Linx Review: Management

The Company has a well-rounded team that encompasses each area of the business: cellular sales, product development and direct marketing. Sales expertise is always helpful and this team has it. Companies lacking sales aren’t in business for long. The sales criteria is met with this company.

Craig Jerabeck, CEO and President has been with the company since 2001. With a background in cellular sales at the retail level and plenty of management experience, Mr. Jerabeck is an excellent choice for this entrepreneurial venture.

Jeb Tyler, Executive Vice President – Marketing, holds a degree in Business Administration focused on Marketing but the corporate website says very little about his experience elsewhere. Mr. Jerabeck’s experience probably compliments Jeb’s.

Jason Guck, Exec VP of Sales, has experience in the direct marketing industry, critical for the distribution method the team has chosen. Mr. Guck has had years of success building sales orgainzations.

5Linx Review: Financial Stability

At the time of this writing, the company is privately held and listed on INC 500 as one of the fastest growing companies in the country. Not a bad sign. Growth has been over 800% in a 3 year period.

5Linx Review: Products

Wireless Phones and Accessories, Internet and Long Distance Services plus High Speed Internet and Satelliet TV make up the company’s product line. VoIP calling plans comprise the most popular of their services. I found no complaints about the quality of their products or services.

5Linx Review: Competition

This market has a lot of competition with familiar brand names which could make it difficult to convince people to switch. However, positioned properly with the ability to identify prospects, this could be a lucrative opportunity. Today, everyone uses phone services.

5Linx Review: Compensation Plan

This is a traditional MLM direct marketing model. You can earn money when you sign on new distributors to work the business as well as a residual income when customers pay their monthly bill for services. There’s also a monthly profit sharing bonus pool.

Plus, the top producers also get a leased BMW and benefits similar to traditional corporate executives like vacation time, health care and others bonuses. The top level also receives a car upgrade to a Bentley and more profit sharing.

Opportunities start at $99 (limited) and increase to $499.

5Linx Review: Leadership

The biggest disappointment about the business is that they are still using the old-school methods of marketing: the 3 foot rule, home and hotel meetings, personally contacting people. Interesting, considering they are selling such a high tech product.

Remember, you need a lot of people looking at your opportunity daily, in order to reach the goal of one new sign-up per day. Take a look at the top producers. Interview them and sit in on one of their trainings. How do they market and train their team? Look for a “blueprint”, or a “system” that will get you started step-by-step.

See Training below.

5Linx Review: Training

Marketing materials, group trainings conferences and calls are provided at both the local and national level. This is pretty typical of MLM companies. They pitch the “old school” style of marketing and it’s the #1 reason people fail: chasing prospects and attempting to convince them that they want your offering. This is a difficult way to work the market and strange considering the products they sell.

On the Internet, you’ll be able to get between fify and 200 leads, daily.That’s actually, several hundred people per day, looking at your opportunity. Physically talking to that many people is tough and that is the beauty of the Internet where they come to you. People will actually flock to YOU.

Massive Income Awaits 5Linx Distributors

Leverage the Internet. The big questions – where is it people shop when they purchase electronics? ONLINE. This is a great business, expecially when the products are sold via Attraction Marketing and the Internet. The distributor who uses the Internet for their business will dominate the market in a matter of months and that’s exactly why I put together this website.

No more:
Home and hotel meetings
Approaching strangers
Burning out your friends and family

Instead, powerful online sales funnels:
People help themselves to the information on your website
They buy online from you, any time day or night.

I’ve done it for my business and many, many others. I can teach you the same exact things that I did.

Your book is only the top of a very lucrative iceberg. Upon completion of your book you have a decision to make. Do you rest on your laurels or do you kick your career into high gear and use the momentum of your book to generate tremendous wealth?

If you decide that youre not ready to quit, that you do want to become a highly acclaimed and prolific author, a rich author, then your next step is to venture into the world of information marketing. Your next step is to build an Information marketing empire.

Why Build an Information Marketing Empire?

1.People learn differently. Some learn by watching and others learn by hearing or actually going through the motions. When you provide your information in a variety of mediums, youre respecting these learning styles and youre broadening your customer base and youre broadening your audience appeal.

2.People are more likely to buy from you again and again, if they liked their previous purchase and received benefit from it. This is why it is important to provide only quality products.

3.As you increase your product line, you can offer a variety of cost levels. For example, if your book costs $30 that is a great entry level price but some people may be interested in spending more to receive more. This is when offering a seminar or consulting services can meet the needs of the customers with the larger budget. By offering a variety of price points, youre broadening your target market.

4.More products give people the perception that you are more than the expert in your field, you are the guru. You are the single best person to go to because you offer so many products in your niche field.

5.Not everyone will want to, or be able to, purchase your most expensive product or service, but if you present a product line, you give them an option to buy. If you only sell a book for $30 or you only sell consulting services for $3000 you will have a significantly limited clientele. But if you offer a variety of price points and products your clientele will have more options and youll have a larger group of paying customers.

3 Things You Need To Build an Information Marketing Empire

1.A website. You must have a place where people interested in your information can go not only to buy your products but to learn about who you are and what you offer.

2.An opt-in list. This is your most sacred marketing tool. It is the list of people that have given you their email address or contact information because they are interested in learning more about your products or services. Maybe they exchanged their information for a free book or audio, maybe they signed up for a newsletter, maybe they made a purchase and agreed to receive occasional mailings from you. Regardless, this list is to be treated with great respect because these are your past, present, and future customers.

3.The last thing you need is a product line. The following is an abbreviated list of products you can sell and produce from your book. The list is only limited by your imagination:

– Audio

– Video

– Newsletter

– Special Reports

– Teleseminars

– Coaching

– Consulting

– Seminars, Conferences, Boot Camps

– Online Courses

– Software

– Membership Sites

The entrepreneurial mindset is what sets successful people in business. Without the entrepreneurial mindset at work, you may find it hard to achieve success in any kind of business.

True entrepreneurs seem to have certain qualities that enable them to be successful in what they do. It has to do a lot with how they think and how they look at things.

The way you think can really determine whether you will become a successful entrepreneur or not. Through the years, experts have studied and observed how the entrepreneurial mindset works and this is what they were able to discover:

1.Successful entrepreneurs think that they can do it. Armed with a vision of what they want to achieve, entrepreneurs have absolute confidence in themselves that they will be able to succeed. They look at things in a different way. When other people think of the obstacles along the way, entrepreneurs think of them as challenges. A strong belief, coupled with positive thinking, is just one of the marks of a successful entrepreneur.

2.Successful entrepreneurs think that risk is all part of the process. Most people are afraid of risks because they do not want to find themselves outside of their safety zone. Successful entrepreneurs think otherwise. Sometimes you need to come out of the safety zone and take risks in order to succeed. But winning entrepreneurs have another trait going for them – they know how to take calculated risks.

3.Successful entrepreneurs not only “think”, they “do.” They know that in order to be successful, action is needed. Having well-intentioned goals is good, but focused action would get you there.

Having the entrepreneurial mindset will help a lot in making you succeed with your next business endeavor. Developing it takes some time. But the earlier you take the effort of doing so, the better your chances of succeeding as an entrepreneur.

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If You Have the Courage To Think Opportunities Are All Around You

Before I go into this article, I would tell the people who are reading this that no period of time is ever going to be perfect for starting a business. Starting a business is like having a child, you dont know whats going to happen, but you figure it out along the way.

The First Step Embracing Imagination

Imagination is the first step to wealth and the first step to being your own boss. Without imagination, you just have another cubicle in another office full of someone who cant stomach going to work the next day. If work wont let you, use you head during your free time. For instance, think of your favorite product. Why is it your favorite product? What does it do for you? Does it make your life easier? Does it look cool?

Well, somebody invented that product and it was done via imagination, perseverance, intelligence and the ability to see an opportunity which others either did not or were too afraid to venture into and learn more about. Most entrepreneurs dont just have one business; they have several. The different products or services may be under the same name, but a true entrepreneur is versatile and always learning. A true entrepreneur understands that he or she is not going to get a paycheck every week, therefore they know they must rely upon their wits to earn a living.

They also know that there will be times which you question your endeavor, however there will be times of great satisfaction.

Not a single motivational speaker is going to help you start your own company. They may suggest that you consider opportunities which you love, but until you start learning, learning and learning some more, you are not going to be equipped to use your imagination when the right time presents itself. You have to train your mind to think. Television puts the mind to sleep; books stimulate the brain and open doors which otherwise would have been missed. Opening your own business can be scary, but you can lessen the risks by learning all facets of a business from advertising to accounting. You only live one time. Do you want to spend it living paycheck to paycheck with half of that money going to American Express? You might as well give it a shot. Though, Im not referring to a shot that is comprised of mediocre work and ambition.

At the core, everybody is something. For instance, I am a salesman. When I started my business, I went to Barnes and Noble and went to the Entrepreneurs section. I had no idea what I wanted to do, but I had a base. I had the ability to provide any kind of service which was related to or could stem from sales. Therefore, I picked up a small book on recruiting and decided to open up a sales recruiting firm. My thought process was that if I knew sales, then I could tell if other people were good at sales and people would pay me for deciphering whether a potential employee could sell. It was a perfect match and worked out because the business stemmed from what I was good at and I continued to learn everything I needed to night and day.

Now, because I had to attract customers to my recruiting firm, I learned marketing. Now, I am starting another facet of my business around marketing consulting. Though, I am and always will be a salesman.

While many people out there are trying to be entrepreneurs, only a portion of them will actually manage to be successful entrepreneurs. Becoming a successful entrepreneur requires a multitude of skills and attitudes that can help you to go far in your business ventures. While there are multiple skills that are important, there are a few characteristics of a successful entrepreneur that are seemingly crucial to success. While some of these skills are skills that some are seemingly “born with”, many of these skills can be taught over the course of time. By holding these top characteristics, you can be well on your way to becoming a successful entrepreneur.

1. Problem Solving Skills

Becoming an entrepreneur is all about sifting through all of the roadblocks in front of you to determine how to be as successful as possible. Having honed problem solving skills is something that is critical for any aspect of life; this skill is magnified for entrepreneurs. Any successful entrepreneur has the ability to solve any problem in a quick and efficient manner. Problems will be plenty when trying your own entrepreneurial adventure. For some, these problems could ruin their dreams. Those with problem solving skills, however, will be able to continue on and become successful. Problem solving skills is a characteristic that is not only needed, but mandatory, for those wishing to have success.

2. Strong Work Ethic

Trying to make your own way is never easy. Being an entrepreneur, and attempting to become a successful entrepreneur, is no different. Hard work and dedication is required for those who wish to become successful. No entrepreneur has ever been successful and lazy at the same time. Having a strong work ethic is crucial to making your own way; no one will hand you success. Success is earned by those who have worked hard to achieve it. Without a strong work ethic, any entrepreneurial adventure will fail.

3. Patience

The road to becoming a successful entrepreneur has many ups and downs. The highs of the entrepreneurial path are exciting and exhilarating. The lows of the entrepreneurial path can be incredibly difficult, and may be enough to ruin any hopes and dreams. One of the major characteristics of a successful entrepreneur is the ability to have patience with the project and situation. Patience means that someone will have a level head during hard times, and can weather the storm. This patience is crucial for anyone who wishes to be successful.

The problem solving issues that come up during any type of entrepreneurial adventure require serious skills. The ups and downs of creating and owning a business require patience unlike any other. The amount of work can be daunting, but those with a hard work ethic will succeed. Trying to become a successful entrepreneur is all about knowing your skills and strengths, and using them to your advantage. Possessing these skills will help you to become that successful entrepreneur.