Recently my friend Chris, host of The Money Ripples podcast, reached out to me and told me that some of his friends in Network Marketing have been complaining about how it’s going over the last few years.
He asked if I’d be willing to come on his podcast and share why I made the transition out of network marketing 8 years ago to see if it might be able to shed some light on what his friends were experiencing.
MLM Prospecting Tips
Well… You’ve found what you’re looking for my friend.
Monitium Review (Video)
Good morning or good afternoon and evening depending upon which time that you’re reading this article.
You’ve found it my friend.
This company is attempting to address some of the concerns that exists within the network marketing industry.
Right now it’s the PERFECT timing to be involved in a home-based business.
The challenge is there are a lot of problems that really plague our industry.
For example…
*high out-ships
*low retention rates
*start-up companies going out of business left and right
The bottom line is that there are a lot of issues out there so you have to be careful about the company you decide to parter up with.
Monitium has come on the market in an attempt to solve the one of the biggest problems that sometimes, network marketers face and that is building up a team only to end up losing income due to high attrition rates and companies going out of business.
The basic idea here is that Monitium is saying “Okay guys…we’re going to be the company that you need to bring all of your teams to (on the front end) and then we are going to offer a plethora of different MLM companies (on the back end) that your downlines can join up with.
It’s definitely an interesting concept & not one that hasn’t been thought of before.
I admire these guys for their attempt to solve some of the problems that exist in the network marketing industry but if you are are wanting to build long-term residual income & really wanting to secure financial freedom for yourself and your family…there
are couple of things that you’re going to want to think about before jumping into Monitium.
ESPECIALLY if you’re a leader in the industry & have a group of people that look to you for leadership.
The first point is this. Monitium is a startup company! Yes.. they will be selecting companies on the back end that hopefully are stable & solid but this company in and of itself is a startup.
Start-up companies are notorious for not ever making it beyond their first couple years and it’s for this reason that I would be very very careful before I threw all my eggs in that basket.
The second point is this…
One of the biggest reasons people fail to generate income from home is the fact that they have a hard time with focus