Making the Fortune 500 list in 2005 by expanding sales five-fold in the previous two years helped 5linx gain a reputable reputation and a solid ground for their business formatting. You may have been presented with their opportunity under this guise, but like with any opportunity you have to ask yourself: will their compensation plan pay up?
First off, how viable are the products on the current market? My review: HOT: but with risk! As I said earlier 5linx recently got some publicity for making the fortune 500 list. It is clear their products are selling and though the growth has receded there is still a lot of potential. I add the risk factor because of the fact of what products they are selling, telecommunications technology.
They're mainly in the business of producing their VoIP unit and related service. VoIP has gained much popularity due to the savings made by its use, especially in international calls. This dynamic field means that there's both potential and risk, as the dynamics may change rapidly if other companies gain ground quickly.
One good thing it has is that it made agreements with nearly all cell phone carriers as well as cable television and internet providers and is able to provide the same services cheaper or with other benefits. But the 5linx compensation plan is providing a commission on a commission, which may get you customer points, but the .16 cent residual max per subscription screams ages until your making six figure residual incomes and at the top.
How long and what will it require for someone to get to the top of the 5linx compensation plan?
Mileage will vary based on each customer. The plan is poorly designed and has many one time higher commissions linked with the standard .16 residual and a great amount of fine print as to what it takes to the get to the top, which is hidden among offers such as a BMW or paid vacation.
Though in this type of business there is no sure thing and hard work is more important than luck, 5linx looks like a good option for a company that will make it to the top of this industry.
The fact is that it is your Home Based Business. You will run your business, not the 5linx CEO. You need to bring the money into your business which means YOU NEED to know how to market because that is what will get your clients not your VoIP 5linx technology that you may end up selling if you don't find a company with products you find go with you better. And if you can YOU NEED to be a leader and teach you're down line these things. That will bring you to the top of a compensation plan.
Author Resource:
Ellie Gant is the editor for Online MLM Secrets, a treasure trove of actionable info and resources for everyone who is building an MLM Business . Check out the full-length, unbiased review of 5linx over at the website. While you're there, be sure to claim your free immediate access to Jonathan Budd's 8 Day Mastermind Marketing Bootcamp, 100% free.
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