linx Review- A Critical Third Party Review
Linx is a home based business in the telecommunications industry. 5Linx was first introduced to the mlm industry in the year of 2001.
In this article I am going to go over: What is 5Linx? Is 5Linx a good business opportunity? Should you join 5Linx?
1) What is 5Linx? 5Linx has definitely withstood the test of time considering that it is an eight year old company. 5Linx does not have to worry about going through the trial and error that is associated with so many mlm businesses that go out of business in the first two years.
5Linx has several products built with VOIP technology. Your telecommunications needs will definitely be satisfied with 5Linx products. Whether you are looking for digital home phone services, wireless phones and accessories, satellite television, or Broadband Internet Service, 5Linx has it.
2) Is 5Linx A Good Home Based Business Opportunity? Although 5Linx has withstood the test of time and the initial trial period all businesses go through is over, I personally would not get involve in 5Linx.
Now if you are already involve in 5Linx, build your business. There is no need of getting out of 5Linx because it is definitely not a scam.
3)Why I Will Not Jump On The 5Linx Bandwagon? Now, don’t get me wrong 5Linx is not a scam and there is nothing wrong with the business model itself. However I would never join a mlm business whose products are based on the technology industry.
First and Foremost, technology based products are great for traditional style businesses, but are not good for the network marketing community due to the high price marks in the market. You could offer the latest and greatest telephone where you can talk to people all over the globe, but another more advance product can come along and push your product out of the market.
Most people have this perceive notion to get their telecommunication products from well known companies such as AT&T. It is almost impossible to convince your family and friends to switch over to your mlm.
Second, I’ve never seen technology based products succeed long term in the MLM industry. They are competing with some heavy hitter mainstream companies that literary can wipe them out of business. This exact same scenario happened to Excel Communications. The gross margin associated with long distance telephone services drop during 1999 and 2003 due to numerous competitors. Excel Communications filed for bankruptcy November 1, 2004.
If you are in 5Linx or deciding to join the 5Linx business, there are some key facts you must understand. The success of your mlm business lies solely upon you. Whether your mlm lives or dies depends on how much work in effort you put into your business.
There is a 95% failure rate in the Network Marketing Industry, period because 95% of network marketers do not know how to market.
If you want to make more money than you are spending with the 5Linx opportunity or any other mlm, you must master how to attract endless prospects to you. The only way this has been down is through Attraction Marketing.
Great Advice For Home Based Business Start Up
There is always so much confusion around home based business start up but it does not have to be that way. Starting a home business is as easy or complicated as one wants to make it but most of the business online that work follow a simple yet effective plan. The only way to survive the competitive realm of the web is by obtaining traffic into a web site, from there you have to find a way to convert the traffic into sales or profit. That is why the best way to start a home business is by constructing a web site which is built on something that you know about and enjoy. This can be anything from a hobby to what you do as a career already.
Before actually going through the entire process of designing a web site and getting it online it is better to take a week or so and reflect on how the web site business will work. What theme will the site be covering and what sections will the site have. It is best to come up with a couple different ideas which you are interested in and then research each idea to see the overall business plan that has the best potential. Try to come up with some business plans based around a theme which you can continue to grow each day. Some home based business start up ideas may be “white water rafting” and “traveling Alaska”. Come up with the ideas which truly get you excited in order to start a web site which will be filled with article after article of useful information on the general theme.
Once a theme for the web site has been developed it is time to think about the sections which the site will break down into. What the site will cover and how it will go about covering it. For traveling Alaska a web site can have a section of what to do in Alaska, where to stay in Alaska, where to eat in Alaska and tips for visiting Alaska. By knowing a lot about Alaska and having an interest in the subject the web site will be easy to create. The biggest goal for a webmaster is to create a site which supplies information on a general subject and turn the site into a resource for the Internet. This way all the traffic coming into the site will be looking for information on the subject and if the site delivers the information that they are looking for it becomes much easier to turn this traffic into profits, and have a lot of fun doing it.
Within each section of the site articles should be created to supply more information on the each sections topic. Where to stay in Alaska should be filled with page after pages of resources and recommendations about where to stay and why people should stay in these places. Reviews of hotels and accommodations can be made and links to these places that you recommend should send the visitors to more information on the advice with a place to make the purchase if they want.
This leads right into how to make money from the site. Each page of the web site should supply a way to make money, or multiple ways to make money from the targeted traffic coming into the page. For the example of “where to stay in Alaska” if this section then breaks down into topics of different areas to stay such as Anchorage, then the Anchorage page should have some links for hotels, bed and breakfasts and camping sites visitors can book for their vacation. The best way to make money from these links and recommendations is using affiliate programs which will pay a commission for anyone who makes a purchase coming from your web site. Once a visitor finds the information that they wanted and then decides that your recommendations were great, they may decide to book the accommodations from your site. By joining affiliate programs anyone who does book from your site will equal a commission made for the sale. This is a great home based business start up and it is what many successful online business do. Affiliate programs are available for every theme imaginable no matter how narrow the niche.
[Top]Find the Probability of Success for Any Online Home Based Business Opportunity
Like baseball, if you miss all three, you are out.
You can not know what you do not know.
If it was indecision, there was something you could have done.
Peter Drucker defines opportunity this way:
“Opportunity in the market place is because of a process of convergence of forces that were previously not together.
The essential forces Peter Drucker did not individually identify as converging will be enumerated and discussed in this article.
This article will describe these five essential forces that must be in place for any online home based business opportunity to be successful.
They are universal, abstract, and independent of business type.
A simple analytical method to evaluate these essential elements and arrive at a numerical figure of merit will be presented.
You will arrive at a numerical rating for the relative strength for the Probability of Success (S) for any online home based business opportunity you care to evaluate.
This will remove emotion from the decision process.
All five forces must be present simultaneously.
They must all be in the right place at the right time to create a successful online home based business opportunity.
They are like the spokes in a wagon wheel.
Each factor dramatically affects the success of any online home based business opportunity.
If there is no convergence, there is nothing you can do to make the business a success.
Opportunity presents itself only when all these forces are in simultaneous alignment.
The order in which they are presented is no indication of their relative values.
This method is not buried in concrete.
When you finally establish a value, stick with it.
For example, if you decide leadership has a maximum value of 2 or 5, stick with it on any online home based business opportunity you wish to evaluate.
In this case, Leadership has been arbitrarily assigned a maximum value of 2.
1.
A viable online home based business opportunity must have very deep pockets or be owned by a company with very deep pockets, preferably a parent company that has already gone through the growth cycle and has the funds to support the new growth.
Products (D) (Maximum = 20)
Leading Edge Product Technology (Maximum = 5)
R&D
Proprietary (No other place to get it)
Competitive
Product Quality (Maximum = 5)
Quality, like Reliability, must be built into the design and process.
Product Fills a Recognizable Need (Maximum = 5)
There should be a clear need for your product or service.
There may be very little demand for 78 rpm vinyl records.
Trends (R) (Maximum = 20)
Demographic Trends (Maximum = 10)
As individuals, we can not create a demographic trend.
The “Baby Boomers” are the largest market in history.
When the first of these babies were born, a powerful demand for baby products materialized.
As these babies started shaving, Gillette started making huge profits.
As these babies began to have babies, the Mini-Van became desirable.
Economic Trends (Maximum = 10)
Individuals do not create an economic trend.
Real estate is sensitive to interest rates.
Cosmetics, on the other hand, are virtually immune to economic downtrends and would be assigned a high number.
If your online home based business opportunity is immune to economic trends assign a high number.
In an online home based business opportunity, the mantra is Timing, Timing, and Timing.
Timing, like trends, is also beyond your control.
There is nothing you can do to improve timing.
If timing is present assign a high number based upon the following criteria.
Formulation Phase: (Maximum = 20)
This is the phase where research and development are just completed.
This region is characterized by slow, deliberate growth.
It is defined as the region of the growth curve where income from sales is less than $50 million per year.
It requires forethought and knowledge.
It requires due diligence on your part to study the online home based business opportunity and arrive at your estimate of the strength of the five essential force ingredients of a successful online business venture.
B.
This is the point which will determine ” When”.
From this point onward, the curve rises ever so steeply.
If you are not on board at this time, your online home based business opportunity will quickly leave you behind.
C.
If you have exercised your desire, ability, and motivation, you have already become a participant before your online home based business opportunity reaches momentum.
There is nothing you can do to stop the momentum which is now building beneath you.
It is like a giant wave that carries you to the pinnacle of success.
For example, you could buy Microsoft stock now, but the big opportunity is already over and it will never come back again.
If you find your online home based business opportunity near the top of the curve, near stabilization (defined below), assign timing a number closer to one.
Stabilization
This is the area where the exponential growth has died out.
Sales are good, but sales are not increasing exponentially.
The curve is relatively flat, and growth has slowed to a value similar to the development phase.
It is passed.
There is no online home based business opportunity.
Compensation (K) (Maximum = 20)
Leverage (Maximum = 10)
If you trade time for money, you will never get ahead by investing one increment of your time for one increment of income.
You will get by, but you will never get ahead.
That is done by leveraging yourself.
Paul Getty stated this clearly when he said:
“I had rather have one percent of a hundred people’s efforts than 100% of my own efforts”.
g.
If you can leverage yourself, assign a number closer to 10.
Override (1)
If you receive override compensation on the efforts of others, assign a value of 1, otherwise zero.
Residual (2)
If you can build your equity to the point that you have residual compensation from your previous efforts, assign a value of 2.
Define the Possibility for Success (P) as being totally dependent upon the sum of the five prime forces required for a successful business (above).
The only thing you will do is evaluate each ingredient and assign it a strength value.
Assign each one of the five ingredients a value from zero to 20 according to the instructions presented above.
) You have determined all the values for C, D, R, T, and K.
Add up all five of your separate evaluations.
Let M be limited to a number between zero and one with zero being the worst case and one being the best case.
Determine this multiplier number by self-evaluating your desire, ability, and motivation.
Too many people say “I don’t have the time.
Successful people do not have time—they make time.
But unto thine own self be true.
The probability for success is 100 percent.
It is no longer a question of “If”.
Get on board this online home based business opportunity fast
Use this procedure one each online home based business opportunity that you wish to evaluate and compare.
To find out more about an opportunity please check out this website: http://tinyurl.com/3hc6gmr
[Top]The Need for Your Own Home Based Business Website
Establishing a home business will require you to create a professional looking business website. This website is a necessity if you are working from home. If you have a website, more clients will perceive your business as legitimate. You can build your own site if you have the know-how or if you know someone who can teach you how to create a website. Your website must have high quality blogs. It must be informative, visually delightful and can be navigated easily. You will only succeed in achieving these qualities for your website if you are equipped with the right skills, so ensure you are up to the task before you begin.
Most profitable jobs based at home have well established websites, and you can achieve this as well by following the guidelines below.
1.Hire a skilled professional website designer. To get the best talent, ask for their portfolio and browse their previous works. Compare not just their abilities but also their quotes because the web design market has grown so competitive that you can choose the one who can offer you the best deal.
2.If you are on a tight budget, you may build your own website by using free templates that are available online. You may browse through WordPress.org and Blogspot.com. These sites offer a wide array of free themes and templates. If you work from home and would like to market your products and services through your website, using WordPress or Blogspot can be a great help to you. You do not have to be an expert in using these sites because the themes can be easily downloaded and you can set it up on your own. There are also forums where you can get help if you need it. Be careful not to be overwhelmed with the large number of free themes. Take your time and choose the theme that suits your business best. You may also Google the different steps on how to create your own website by using WordPress or Blogspot.
Changing your websites layout is not advisable. Be consistent and stick to a layout that will generate the impression of a large company. This will boost your clients expectations and attract them to try your products and services. Your websites content and design matters greatly because it will make a big impact on your customers, so make sure that you get it right the first time.
If your business includes selling products in small numbers, building a shopping cart on your business website is not recommended. To cater to e-commerce websites, several companies have built a system to make the business operation easier and worry-free. One such website that can help you is PayPal. This is a must if you only sell a few products. People who purchase products online know this option because PayPal is known to be a reliable payment method. It offers data protection and quick money transfer.
Jobs based at home that involve a number of different products may opt to purchase a complete service of shopping cart for a business website. Other shopping cart services can be costly but this is because they will offer you a package that will make your work easier. If you are on a tight budget, you may use an open source e-commerce product.
A website needs a domain name and hosting to make it live and viewable. Choose a domain name that is catchy and easy to remember. This is another aspect that will capture your clients interest so make sure that your domain name is appealing. As soon as you pick a name for your business website, set up a dependable hosting package. It does not have to be expensive because there are website hosts who now offer more affordable rates.
Setting up your own business website does carry a cost but it does not have to have too much strain on your wallet. On average, it should only cost you about $150 annually. This will actually depend on how much work you have done and how much work you have designated to others.
[Top]Make a Residual Income with an Online Home Based Business
Some people think that by working at home they should be able to make just as much money, if not more, by doing less work and that is just not the case. Having a home based business or home-based employment is not about getting over on working hard to earn a living, but finding alternative ways to do so without having to punch a time clock.
In an online home based business, to build a steady residual income is not always an thing to do on a steady basis. It requires a certain amount of self-management and time management in order to be successful and building a stream of residual income is key.
The best way to describe residual income in the context of affiliate marketing is putting effort into a program that pays after your effort has ended. Although the effort that is put forth may be some hard work, the idea behind residual income is that eventually you won’t have to put so much work into earning money in the end. For the right person, creating a residual income from affiliate marketing can be a reality, and one that helps them to live better and have more free time than they ever thought possible.
There are many different types of affiliate programs out there that a person can choose from in order to help them build their income and residual income. There are many other types of programs online. Pay per click, pay per lead and pay per sale will help a person build their income based on clicks, sales or leads that they generate.
Deciding which type of affiliate program is for you is the first thing that must be done; different types of affiliate programs pay differently, and the first step is to decide how much time you are going to be able to invest in a program. That can help you figure out an approximation of the type of income you can expect, which can help to predict how much work you should pour into it at first and what to expect as far as residual income, at least in the beginning.
Many affiliate programs can generate a residual income and is much easier than what most people think. It is important to remember that while many people think that affiliate marketing is the quick path to success, it is not everything and it is not going to work for everyone. Select the type of affiliate marketing program out there that is best for you, one that you can work with and that you can make work for you.
Nobody said that building wealth would is an easy thing, but with affiliate marketing people are now given the chance to put their skills to work in the online home based business and benefit from the many affiliate marketing programs out there that are available to you. Choose an affiliate program and start building residual income!
Copyright (c) 2008 Jim Suzak
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