XEL8 Tanks & Fires ALL Distributors!

It is a sad day in Network Marketing as we mourn for the Distributors of XEL8 the suppliers of Bazi and functional beverage, who have lost their livelihood. Yesterday XEL8 sent at letter to all its Distributors informing them that they Board of Directors have elected to change the business model & that they would no longer be in need of their Distributors services. In other words they told them they no longer had a business or means to generate money effective February 28th & that no new distributors are allowed to join the company, effective immediately! (A copy of the letter sent can be read here on Rod Cook’s MLM Watchdog)

WOW! Wouldn’t you hate to get a letter like that? Not sure what happened but there are numerous lessons to be learned here as well as indicators it was coming.

Perhaps the ticker tells the tale.

Being a publicly held company (XELR) on the OTC BB, the company truly has a conflict of interest to all Distributors. The primary goal of all publicly traded companies is to pay the shareholders first and foremost. So where does that leave the Distributors? Second in line? Well, no not really. The company also has a profit it must make as well as meeting its overhead, you know like paying its employees, owners, the electric bill, the mortgage on the building, cost of product to be manufactured all those expenditures. After all these are met then the distributors! Wow, depending upon the list of expenditures on the company ledger Distributors/Independent Contractors can be far down the list. LESSON ONE; THINK AT LEAST TWICE BEFORE PARTNERING WITH A PUBLICLY HELD COMPANY!

Were any of the distributors keeping an eye on the stock value?

http://chart.finance.yahoo.com/c/my/x/xelr.ob

This graft is from Yahoo finance and shows the activity of the company from late 2003 when at that time the stock was valued at $15 a large discrepancy from its value today at $0.15 and going down. Read the 8-K filed with the Security & Exchange Commission as required by SEC law.

I am not sure if 2003 is when they went public or merged or changed their name or what, but as you can see it has been a downward slide ever since. So is it really that surprising that the Board of Directors voted to restructure and fire the distributors? Any distributor who was watching this would surly knows the jeopardy their positions were in since the strength of the company was heading to an all time low.  SECOND LESSON; IF YOU ARE GOING TO PARTNER WITH A PUBLICLY HELD COMPANY YOU NEED TO KEEP APPRISED OF THE STOCK VALUE & TREND.

Thirdly, did anyone read the contract? There had to be provisions in the contract, also known as the Policies & Procedures, to allow the Board of Directors to do this; or they would have major lawsuits on their hands, which they obviously can’t afford! LESSON THREE; ALWAYS READ THE POLICIES & PROCEDURES! This document clearly shows the integrity as well as intent of the Owner & Management. In the future make sure the contract fairly protects the interest of not only the company but of you as a distributor!

What saddens me most? Most people in our industry today still don’t know how to evaluate a company. This all could have been avoided if the Distributors did their due diligence prior to partnering with XEL8 or at the very least keep an eye on the numbers. All they needed to do was read a little book, which would have pointed them in the direction of obtaining all the knowledge they needed to prevent them from being in this situation today.

Learn what you need to know BEFORE you enter into a partnership with ANY company. Please for the sake of your future & your dreams take the time to read ‘Success in 10 Steps’ & take advantage of the information Mentoring For Free can teach you so you don’t find yourself in this situation ever again.

What is Mentoring For Free? It is a community of Network Marketers from various companies who work together to learn & teach the necessary information & skills needed to find success in our industry.

Take the steps necessary to have control of your destiny & to own your life, download your book today!

More on Pillar #1, Company Management Experience with INTEGRITY.

Without this pillar in place, there is no point in
looking any further at a company.

Read the contract between the company and its
distributors. Most people never read it because, if
they did, then many would become quite upset.

It is often hard to find all of the contract. Many
companies have a short “Terms & Conditions” page You
must check that You agree to during the joining
process. The Terms & Conditions may contain a phrase
such as, “You agree to be bound by the Company Policies
and Procedures, Compensation Plan, and Code of
Conduct.”

Many distributors cannot see these documents until
after they receive their kit, and most NEVER READ them!

Pillar #1 of Five

Remember the apple pie?

The first key ingredient is a pie plate.

In MLM, the Five Pillars are what a company needs to
have in place for the distributors to succeed. Many
folks search for something like the “Top Ten MLM
Companies” when looking for something to join.

This is OK if You are looking to invest. But, if You
want to be a distributor, then You need to dig a bit
deeper. For example, the number one MLM did over six
billion dollars in sales last year, but most of their
distributors are starving.

A Five Pillar Company is one where the average person
can achieve above average results.

This week we’ll look at Pillar #1.

Pillar 1: Does the company management have personal
experience building their own networking organization?
Have they done it with Integrity?

• Search Google for the owners of the company.

• Do the owners have Integrity? Add the word ‘Scam’
to your search.

• Do the owners have a Corporate background or an
in-the-field Network Marketing background?

• Read your “Policies & Procedures” and “Terms &
Conditions”; both are part of your Legal Contract.

• Look for the word “Ongoing”.

• Look for policies that strike you as
“Unreasonable”. Like “Termination, with or without
cause”.

• Ask yourself “Does this contract protect me or the
company?” “Is it clear which way it leans?”

• Does the company charge you for training or a
company web site?

• Does the company charge you for each paycheck they
send you?

• Rules of Thumb:

• The longer the contract, the greater the
possibility that the policies important to you
are being hidden in “Legalese”!

• If it’s a “Cash Only” business…It’s a Scam!

• If you can buy a position at the top…It’s a
Scam!

• If you are offered a “Special Deal”…the
playing field isn’t level for all.

• If the products are sold on eBay at a greatly
reduced price…Buy there instead.

• If a company is publicly traded, Financial
Decisions Will be made in Favor of the
Stockholders at the Expense of the
Distributors.

For further enlightenment,  get the free
e-book, “Success in 10 Steps” in the
upper left corner of this page.


Next time, Pillar #2.

To Your Success,

Ken Klemm
+1-215-722-3274 anytime

What Do Apple Pies and MLM Companies Have in Common?

Everyone knows You need five key ingredients to bake an apple pie:

1. A pie plate,
2. A pie crust,
3. Some apples,
4. Sugar and spices,
5. An oven.

What happens to Your apple pie if You take away any one of those five ingredients?

Everybody knows the answer.

The same thing applies to MLM companies.

You need five key pillars in place for You to succeed with a company. Take away any pillar, and You get the same result You would get with the apple pie.

Now, I’m not talking about what the company needs in place for IT to be successful.
I’m talking about what the company needs to have in place for YOU to succeed with it.

For example, the largest MLM in the world had over six billion dollars in sales last year,
but most of their distributors are starving because of a missing pillar

Most people don’t know what the five pillars are, and don’t know how to figure out whether an MLM company has them or not.

Over the next few weeks, we will share the Five Pillars with You.

If You are impatient and want to learn this stuff right away, then download “Success in 10 Steps” - the book in the
upper left corner of this page..

Meanwhile, we’ll discuss Pillar #1 next time.
.
Your Friend and Servant,

Ken Klemm
+1-215-722-3274 anytime

Why You Should Never Tell Your Best Friend Their Spouse is Cheating on Them

Let’s say I have a best friend named Carl. We’ve been friends a long time. We care very much about each other. There is nothing I wouldn’t do for Carl, and nothing he wouldn’t do for me.

One day I found out his wife was cheating on him. I went to a new place, Joe’s Pub, on a Friday night and saw Carl’s wife in a corner booth in the back, snuggling and smooching passionately with I guy who wasn’t Carl.

I didn’t say anything to Carl. The next Friday night, I went to the same pub and saw the two lovers again in the same corner booth. I still didn’t tell Carl.

The following Friday night, and there they are again! Somehow, I’ve got to let my best friend know he has a real problem. Remember, I would do anything for him.

But, if I tell him, “Hey Carl, Your wife is cheating on You!”, how will he react?

Probably something like, “You’re full of crap, Ken! She would never do that. You’re an a-hole!”

But I’ve SEEN her with the guy! I’m obligated as a friend to do something, but I don’t want to risk losing the friendship in the process.

Even if Carl learns the truth later and says, “Ken, I’m sorry. I should have listed to You,” there will still be a scar on our relationship.

So, what to do? What if I arrange for Carl to discover the truth on his own?

“Hey Carl, what are You doing Friday night?”

“Nothing, Ken, just watching TV as usual.”

“Listen, Carl, there’s a cool new place in town everybody’s talking about - Joe’s Pub. Why don’t we go there together, check it out, have some fun?”

So, we go to Joe’s Friday night, and I arrange it so Carl is sitting facing the corner booth in the back. At some point, he spots his wife smooching with her boyfriend. Carl says, “My God! That’s my wife back there in the corner!”

I turn my head around to look and say, “No, that’s got to be someone who just looks like her.”

“No! It’s her, it’s HER!” Carl shouts as he rises out of his chair.

I grab Carl and say, “No, man, this is not the time or the place. Let’s get out of here and talk about it somewhere else.”

Now Carl knows the truth and I can be there for him as his friend to help him through this.

What does all this have to do with Network Marketing?

Let’s say You have a friend who’s in what You know is a bad MLM company. You’ve researched and found out the owners are crooks who will probably grab the money and run to Cyprus to avoid extradition.

Or You know the products are crap and no one will buy them and the price they demand, or - even worse, there IS no real product or service - it’s just a Ponzi scheme.

Or their compensation plan is so bad, even though the company is raking in so much cash their headquarters are expanding to overtake an entire county, their distributors are starving.

Or whatever.

Should You tell Your friend at the risk of Your friendship? He’s bought into it hook, line and sinker. He’s MARRIED to the dumb thing!

He will probably think You’re just trying to recruit him into YOUR company by bad-mouthing his.

Better to point him to someone like Mentoring For Free, where he will be educated and learn how to spot red flags on his own.

When he becomes a critical thinker, then he will discover the truth on his own - and You’ll be the trusted friend who pointed him in the right direction.

Heck, he might even join You in YOUR company!

Your Friend and Servant,

Ken Klemm
+1-215-722-3274 anytime

DNA and Critical Thinking

Posted on September 10th, 2009 in Critical Thiking, Companies/Opportunities, Scams and Ripoffs, Recent Posts by Ken

 Oh, the things I hear in MLM!

Some one says they can look at my DNA and match
nutritional supplements to my body’s needs.

REALLY!

I’m pretty sure my DNA never changes during my life,
regardless of the choices I’ve made.

Now, what if some one with my DNA decided years ago to
become a professional athlete, and I decided to become
a couch potato?

Even though we have the same DNA, are our nutritional
needs the same?

Another question: Would it be wise for me to spend the
funds to have my DNA typed and then send the data to a
company?

What if the company sold or gave the data to the
insurance industry - or worse - the government?

I might never be able to get good health insurance
because of some genetic pre-disposition.

Just a little critical thinking here.

The Truth About Buying Leads

Hi, Ken Klemm here.

How much are you paying per lead for leads? Are they “exclusive”? Are they super-duper, high-priced, telephone verified, surveyed leads? Have you ever wondered how the lead vendors acquire these leads?

Perhaps you’ve visited a website because you were responding to an offer for a free meal at one of your favorite restaurants, or an opportunity to get a free computer, big screen TV, or some other deal? You are required to fill out a form on the page to begin the process. If you fill in information and click on a submit or continue link - some entity has just collected you as a lead.

If Your phone rings and You answer it, but there is no one on the line - then You are probably now a telephone verified lead!

Maybe you were taken to another page and asked to answer questions such as, “Are you interested in making money from home?” You may be asked for more input such as how much you want to earn per month, how much you are willing to invest, how many hours you are willing to spend per week, etc. If you answer these questions and submit the form, you are now a surveyed lead!

Even if you quit at some point, the information you submitted has already been collected. If someone phones you and asks you if you visited their site and were truthful about the information you submitted, you are now a telephone verified surveyed lead!

Soon you begin to receive phone calls from different people pitching you on their business opportunities. Your lead has been sold!

Do you wonder how many of those people calling you were told your lead was exclusive? Do you wonder how much they paid for your lead? Ask them!

Are you beginning to get an idea of just how worthless purchased leads are?

I’ve just described one example of how leads are generated. There are many others. Many affiliate programs, MLM companies and others will sell their leads when they need more money. It doesn’t matter if they told you they would not sell or share your information - they can change their minds at any time!

Why purchase worthless leads when you can generate your own targeted leads for little or no cost?

To learn how to do this and learn more things that will save you years of failure and frustration, download your free copy of Michael Dlouhy’s “Success In Ten Steps” by clicking on the book in the upper left corner of this page.

The Truth About Money

You’ve heard it takes money to make money?

It’s a myth!

The truth is…it takes LABOR to make money. If you don’t want to do some particular work, you pay someone else to do it for you. That’s what gives money its VALUE.

Michael Dlouhy and Ken Klemm

What would happen if the government just printed up a bunch of cash and gave everybody lots of it, so nobody had to work anymore?

We’d all starve to death…that’s what!

What could you buy with that cash if nobody was producing anything?

No farmers raising and harvesting crops, no textile people making clothes, no manufacturers making stuff, no drivers transporting goods, no storekeepers stocking shelves, etc.

When you purchase a device you’re not actually paying for the material…the material is free and available to anyone.

You are paying for the EFFORT of the people who mined, grew, or synthesized the material, the people who designed and engineered the device, the people who assembled it, transported it, and made it available to you for sale.

We pay others for their effort because we don’t have the time or know-how to do everything ourselves.

THAT’S what gives money its value…the effort of people.

That leads us to the REAL secret of success in business…do you really want to know what it is?

The REAL Secret of Success in Business is………….WORK!

So why do people tell you that you can join this or that program on the internet, click your mouse a few times, and have thousands of dollars flying into your bank account?

Because they are LYING to you! But why would they do that?

Because they want your money. And they are willing to FOOL you to get it.

They understand what motivates most people. Most people want things FFE (fast, free, and easy) because most people are lazy.

Even though they are lazy, most people are honest…and honest people are easier to target because they expect everyone else to be honest and don’t know how to think like a crook.

So, are ALL internet businesses scams or con jobs? No!

Most established businesses have websites and do transactions on the internet.

But what about the home-based business industry?

There are a very few honest programs buried amid all the scams and con jobs that flood the market. They all have one thing in common though:

If you want to make money with them you have make some honest effort.

Remember, EFFORT gives money its VALUE.

To EARN money honestly you must provide goods or services that other people need or want, and are willing to pay you for.

As I’ve said before, the marketplace is full of PEOPLE.

People will do business with You if they Know You, Like You, and Trust You.

How do You build KNOW, LIKE and TRUST with people?

A great place to start is by reading “Success in Ten Steps” by Michael Dlouhy.

Ken Klemm
Philadelphia, PA
+1-215-722-3274 anytime
http://MentorKen.com

“Everybody knows You need accurate
information to make an intelligent
decision about Your future success.”

The Truth About the Internet

Why do millions of people fail to prosper in home-based businesses, while only a relative handful succeed? Because they don’t understand the internet…or world wide web.

Because people are naturally lazy, and they would love to earn money by doing the least work possible, they believe it when so-called “gurus” tell them they can find easy riches on the internet. The “gurus” make big money feeding on this fantasy, telling people what the “gurus” know they want to hear: that they can make lots of money doing next to nothing. People willingly pay the “gurus” for their “secrets” over and over again.

The internet is not a shortcut, dodge, or cheat. It is simply another medium for doing business - another marketplace.

What do I mean by “medium”? A marketplace is somewhere the market (people) gather to transact business.

You can do business on a table on the sidewalk, in a tent, in a brick and mortar storefront, in a skyscraper, on the telephone, through the mail, etc. These are all media. The internet is just one more.

The principles of doing business are the same, regardless of the medium. People are still people, not digital data.

There are two ways to make money: you can steal or cheat people, or you can sell people goods or services that they need or want and are willing to pay for. People are happy to buy from people whom they know, like and trust.

Thieves and cheaters love the internet because it is not regulated the way street commerce, telephones, and the mail are. They can hide behind false photos, addresses, emails and phone numbers…and do this from anywhere in the world…and do it over and over again.

Honest and legitimate businesses can operate on the internet the same way they operate in other media…but, again, the internet is not a shortcut. Success in legitimate business is not measured in days and weeks, but in months and years.

The internet does offer some advantages to a legitimate business: overhead expenses are low and many goods and services can be delivered digitally without shipping time and expense (think about e-books, music, video, etc.)

Home-based business owners have the same needs and responsibilities that any business owners have: they must be organized, keep good records, and provide customer service and support. They also need to learn how to do these things and how to think like a business owner.

Fortunately, the internet makes all this convenient and affordable for the home-based owner if they can find the right resources and learn the necessary skills.

The book, Success in Ten Steps, by Michael Dlouhy is a good place to start.

Ken Klemm
Philadelphia, PA
+1-215-722-3274 anytime
http://MentorKen.com

“Everybody knows You need accurate
information to make an intelligent
decision about Your future success.”

What You Need To Know About Reaching Your Goals

Posted on October 8th, 2008 in Whats Your Plan?, Companies/Opportunities, Recent Posts by Eagle

In any business, weather network maketing or traditinal, we have goals that we want to meet. Success is as easy as 1-2-3. You can be successful by simply changing or even tweaking one or two things in your daily activities to make a world of difference. In order to be successful in business, weather network marketing or a traditional company, there must be a set, established model to follow; a system; a model; a plan.

The business stays successful and in operation by the workers using this system; setting and meeting their goals (and therefore their team goals and company goals,) and by reflecting on what they have done to make adjustments as needed.

Goal setting is actually very easy but often done incorrectly. If your goal is to make $50,000 in saved income by this time next year, then you can’t keep holding that goal out in front of you and expect to reach it without making a plan.

My good friends Michael Dlouhy and Tom Big Al Schrieter have been helping me reach some of my big goals and here is what they told me.
1. Take your goal; your reasonable goal, write it down and post it up where you will see it everyday. – you must consider weather your goal is obtainable or not, can you save 1 million dollars this year? Or is $50,000 more reasonable. What you want to do is set your goal just a bit out of reach, just a step outside of your comfort zone. That is a healthy challenge
2. Take your goal and break it down into smaller, more obtainable goals for you to work on one step at a time- starring at a huge goal in not only intimidating but then leaves you asking yourself, well what do I do now?
3. You break it down- monthly goals, weekly goals and daily tasks. It is therefore necessary that your daily tasks bring you to accomplishing your goal for that week. Well if I am going to save $50,000 in the next 12 month then will have to either cut back on spending, or increase income. There are lot of ideas for ideas available to help you reach your goals, you just have to use them consistently. Make your plan and plan your work. It works every time.

I hope that this bit of information has helped you today, and t would be so such more helpful if you read this free e-book on your success, it is called Success in 10 Steps.

I hope you get your free copy right now adn take a huge step onto your road to success!

Thank you - Tara