>> What Is 5linx? Phone & VOIP Provider Or a Massive Money Magnet? <<
From the office of Wayne Vassell, Home Business Coach & Mentor
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Ever Wondered about 5Linx? Interested to know what the opportunity is all about? Well you are in the right place. This article will attempt to answer the question: What Is 5linx? Phone & VOIP Provider Or a Massive Money Magnet?
What Is It?
5Linx Enterprises, Inc is a global provider of telecommunications goods and services. They are based in 20 countries and there offerings include cell phones and plans. 5Linx was established in 2001 and headed up by Craig Jerabeck (President & CEO), Jeb Tyler (Executive Vice President of Marketing) and Jason Guck.
What Services Do They Provide?
GlobalLinx is a subsidiary of 5Linx and provide VoIP services to their customers. There appears to be more to this company than just the 5Linx phone offering. Their products include Inbound International numbers, VoIP, and business lines. Other products provided are cell phones, Home security, broadband and satellite.
What Income Streams Are Available?
5Linx main business opportunity is a conventional network marketing business that allows an average person to re-sell or recommend their services and create a residual income from their efforts.
They also have a fund raising program for organizations to earn a residual income by recommending their services to their clients or members. They call this program “Link2Funds”. This allows them to create a needed extra income stream. The typical organization would be a school, club, church or corporate business.
How does the compensation plan work?
The positions range from qualified which requires four active customers leading up to the top Platinum Senior Vice President level (PSVP). One of the well known individuals at this level is Steve Carter. One of the perks at this level is a Bentley company car which Steve Carter has been awarded.
There are 8 main ways you can get paid in 5Linx: Bounty Bonus (Up-front customer commission), Monthly Residual, Weekly customer Acquisition Bonuses (Based on team performance), Open-Line promotional bonuses, customer bonus pool, revenue pool, SVP (Senior Vice President) incentive bonuses and PSVP Pool.
5linx? Phone & VOIP Provider Or a Massive Money Magnet?
Personally I am not a 5Linx business owner, but I do respect other peoples opportunities as I am involved in the Network marketing industry and help and assist many others. I can see some good things and some bad things. I will get the negatives out of the way, my goal is to provide non-biased info so I will be truthful. There is an upfront investment of $499 dollars.
I am aware you can look at this in both ways. Negatively I see it as a high investment for someone who is being pinched by the global recession. Positively compared to setting up a conventional franchise it is a relatively small investment.
Like most MLM opportunities the success rate is very low, most average people give up when they don’t get good enough results in the short term. Personally that is happening in all network marketing opportunity and a big reason why the industry has a 95% failure rate.
The bottom line is there are obviously success storeies such as Steve Carter. But for every Steve Carter there are another number of failure stories. In my opinion if you want to really be successful in this business you need to take a slightly different approach.
You need to get your marketing absolutely on point to really make some real money. If you get your marketing right and I am asked - 5Linx, Phone & VoIP Provider or massive Money magnet? I would have to say Money magnet if you learn to market correctly and leverage the internet to explode your business.
Listen here is the next step,
If you are a star in the making, want to learn how to market like the elite 5%, generate 20-50 leads a day for your business a day on auto-pilot and effortlessly sponsor reps into your primary then take action an put your email, name and phone number below, I will share with you how you can generate free leads on a shoe-string budget.
