11:12 a.m. - 2010-06-03
Livethesource Offers - Are They Worth It?
Does Livethesource, a new MLM Nutrition based company, have the ability to stick around for the long haul and provide it's reps with a viable money making opportunity? In this short article I will share with you a complete and unbiased review to help you decide if Livethesource is worth joining and what you will have to do to become a huge success.
http://www.viddler.com/explore/elliegant007/videos/244/
The company is based out of Fort Lauderdale, Florida and officially launched on September 12, 2009 in sunny Hollywood, California. Many people believe that being first in an opportunity is best, and it can be good, but you have to balance that with the increased risk of instability and uncertainty. Many companies just do not make it passed their first 2 years let alone 5, 10 or 20.
Consider these 4 factors while judging the company
Here are 4 quick ways to evaluate an MLM company and whether you can make any money with it. If all 4 are good, there are good chances of your success.
First of all consider the skills and experience of the management team. Digging in I found that the company has 4 co-founders, all of whom have a good standing in both the Corporate and Network Marketing industry. A god management team means a good foundation has been laid and the team knows how to make the company grow and last.
Unique Product Equals Market Share
Lets move on to the next criteria, which is, the product. Is it unique and does it have good quality. If the company has an unique product which caters to a good market and benefits them, then they have a great selling point.
Livethesource has a patented product called Dailysource which is a multi-vitamin mineral. This product seems to be unique and is the proprietary of the company. So looks like the product is good.
How about the compensation plan?
The next point of consideration is the pay plan. While reviewing a pay plan, do not fuss too much. As long as it's fair and lucrative, you have nothing to lose.
The Livethesource compensation model is good, lucrative and follows the unilevel model. It pays out in 7 ways via bonuses such as car bonus etc and also via retail sales. A distributor can be moved around in the first 30 days to an area where the team requires help. The compensation plan looks decent and fair.
Final piece of evaluation
A must for any MLM venture are the training and marketing tools. Livethesource unfortunately does not have a good training system in place which addresses the needs of a distributor. There are not many MLM companies which can boast of a good training program so don't worry.
Your best option is to partner with a cutting edge MLM Marketing System that is specifically designed to not only teach the skills necessary but provide you with the right tools. It doesn't matter how strong or great your company is if you don't know how to market it like a pro. Take step 4 very seriously and you will surely build a successful Livethesource business that will grow for years to come.
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