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!

The Four Pillars of Deceit

Pardon me while I take a break from the
Five Pillars for Success. Time for a little
critical thinking. I’m not trying to stir up
debate, just to open Your mind. This a long one,
so please bear with me…

Dogmatic vs. Critical Thinking

Lies, Myths, Money and Power

…and The Four Pillars of Deceit

Tom “Big Al” Schreiter taught me Decisions are made by
the Subconscious Mind, although we’d like to think our
Conscious Minds are in control. He also taught me how
to employ this knowledge to influence the Subconscious
Minds of others directly.

Unfortunately Tom is not the only master manipulator of
the Subconscious. There are many today and there have
been legions of them throughout human history.

I believe Napoleon Hill teaches us in “Think and Grow
Rich” how to break the bonds of manipulation and take
Conscious control over our thoughts.

First we need to understand something about Truth.
TRUTH resonates deeply within us and we recognize it
when we encounter it.

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

Seeing The 5 Pillars In Action

Posted on October 7th, 2009 in Critical Thiking, The 5 Pillars To Success, Recent Posts by Carly

For three years I worked at a small town pizza restaurant. From the parking lot of the pizzeria I could see two Dunkin Donuts shops.

Since one of the donut shops was in the same plaza where I worked, the other across the street at a gas station, I naturally would go into the plaza shop.
This Donut Shop was run by several kids I knew in high school. Regardless of whether there was a line or not I found myself inevitably waiting for someone to come to the counter to help me.

The employees where always huddled in the back gossiping instead of tending to the business.

I noticed the tables inside where never clean and there was always trash around the waste basket, never in it.
If I looked I could see what I assumed to be everything the employees dropped that day on the floor as no one seemed inclined to pick it up.

Now every time I ordered coffee from this shop it was cold when it was suppose to be hot or flavored when I asked for regular.

Fed up with lazy people and bad service I started going to the one across the street.
As I walked in and saw an immediate difference; clean floors, stocked napkins, and someone was actually at the counter greeting me as I walked in.

These employees were on top of their game.

Along with the friendly people and atmosphere, my coffee was hot with the extra cream and sugar, exactly as I ordered it.

I gladly put my change in their already full tip jar instead of my wallet.

I wondered How could two Dunkin Donut Shops, so close in proximity with the same products, be so different?
Then I realized the one in my work plaza was not a 5 pillar Dunks. The one across the street was.

A franchise’s success depends on having all 5 pillars in place, regardless of location.
Your MLM or Network Marketing Company needs these too.

Up to the day I moved from this area I continued to visit the Dunks across the street, because I knew it would be a better experience and better coffee.

Having the 5 pillars in Your business insures not only customer satisfaction but employee satisfaction as well.

Are Your people being taken care of? Does Your company have all 5 pillars?

This eBook can teach and train You how to assess Your company or a company You are considering and determine if that Company has the 5 Pillars You need for Success.

Want the Secret to MLM Success?

Want to know the Secret in successfully building an MLM Business?  I’ll give it to You in five simple steps.  In order to grow Your network marketing business You need to have:

1. Targeted lead generation
2. Automated prospect follow-up
3. One-on-one relationship building
4. Sponsoring and
5. Training

Naturally, it’s best if You have a single system to perform all these functions. If your MLM company or upline group does not provide system(s) to accomplish these targets, You absolutely have to set them up Yourself. But it’s a lot easier to go someplace where they understand these MLM sponsoring secrets and already have an established, tested & proven system.

Let me tell You  about the Relationship Building aspect of the sponsoring system that I use.

One-on-one relationship building:

Your most important MLM sponsoring secret IS relationship building. Network marketing is a relationship business. You want to sponsor them one at a time and bring them in one at a time.

The only way You can do that is to build a one-on-one relationship with those people.

You may have witnessed many organizations come online and they sponsor, sponsor, sponsor, recruit, recruit, recruit, using some downline building system. But none of those people ever upgrade, none of those people ever buy product, because there’s no relationship. If You ever tried to call one of those people and say, “Hey, I’d like to visit with You “, they won’t even return a phone call.

It’s of the utmost importance to have relationships when You are building Your business. They’ve got to know that You care.  And Sincerity counts here, because if You have Your own agenda, Your prospect will see right through You and they will run as far away from You as they can get.

This step is crucial, so much so we at Mentoring For Free are constantly training and coaching people about building relationships.  We have a generic MLM “relationship-building” training call 5 nights a week. No company is EVER mentioned on these calls. No products are EVER discussed.

If Your seriously  looking for a good way to make extra money from home and understand this is a relationship business, begin Your journey to success by downloading  this free ebook now.  And I promise You, if You build people, then people will build Your business!

Why You Need Automated Prospect Follow-up in your Network Marketing Business

Posted on August 29th, 2009 in Critical Thiking, Skills Training, The 5 Pillars To Success, Recent Posts by Laurie

You know in order to grow your network marketing business you need to do and have five simple things in place:

1. Targeted lead generation

2. Automated prospect follow-up

3. One-on-one relationship building

4. Sponsoring

5. Training

If you don’t have a single system to perform all the functions listed above or if your MLM company or upline group does not provide you with a system(s) to accomplish these targets, You should know You absolutely have to set them up Yourself.  This could take months  to find the in’s and out’s and put this all together by Yourself.  It’s a lot easier to go someplace where they understand these MLM sponsoring secrets and already have an established, tested & proven system available for you.

Let me tell you a bit about another aspect of the sponsoring system that I use.

Automated prospect follow-up.

The secret in network marketing is following up with people. It’s that simple.

People are busy. Our lives are busy.

So what Can You Do?

Have an automated email system going out to these prospects.  And Unless Your an expert at copywriting, You need an email written by a professional copywriter who knows how to tweak the mind, that answers questions, and creates a relationship in print.

You want Your automated follow-up to create a relationship with ad copy.

It’s mandatory that You have a system in place to follow-up with people automatically, so You don’t have to do it.

Because guess what?

You might be on vacation.  You may just be on a company-sponsored, company paid-for, week-long trip to Italy.  What happens if Your away?  What happens if Your unavailable? You know what happens.  Nothing, UNLESS you have a back up system in place.

You need an automated follow-up system.

Your lack of success is NOT Your fault.  Everything You need to reach Your goals, desires,  have success starts here with this free ebook. 

What You Need to Grow Your Network Marketing Business

Posted on August 29th, 2009 in Marketing Tips, Skills Training, The 5 Pillars To Success, Recent Posts by Laurie

To grow your network marketing business You need to do and have five simple things in place.

1. Targeted lead generation

2. Automated prospect follow-up

3. One-on-one relationship building

4. Sponsoring and

5. Training

It’s obvious if You have a single system to perform all these functions, so much the better. If Your MLM company or upline group does not provide system(s) to accomplish these targets, You absolutely have to set them up Yourself. But it’s a lot easier to go someplace where they understand these MLM sponsoring secrets and already have an established, tested and proven system.

Let me tell You a bit about one aspect of the sponsoring system I use.

Targeted lead generation.

Let’s talk.  Ask Yourself this:  Why do You want to build the dream for somebody else? No good answer?

Ok, let’s try this:  How do You think You’re ever going to make somebody have a dream? If Your like most, You know You can’t make a person dream, You can’t make them have a desire, You can’t make them  successful.

So what should You do?  You  talk only to people who ALREADY have the dreams, the goals, and the desire to be successful.

If Your putting Yourself in the position where You have to convince somebody to get up off the couch, turn off the TV, quit watching the football game and drinking beer, Stop It!   Leave those people alone. They need to do that stuff. We need people in our lives and in this world who do that. It’s ok to let them do that.

ONLY talk to people who have the goals, dreams, desires. These are the warriors. These are the people who will build the business, no matter what. Target THOSE people. Then Your business will be fun & exciting. You’ll have massive duplication when You work with targeted people.

How do You find them?

You want a lead generation system that brings You ONLY the most qualified people. A lead who is a reader is far more likely to have long-term Network Marketing success than most other leads You get. That is who You must target.

How?

You promote a website that has only one objective: capture contact information. So when a visitor comes to Your site, their only options are signing up or leaving. And You do Your best to make them an offer they cannot refuse. I prefer to offer a great ebook because, again, Leaders are Readers.

You can learn more, be more, do more now by downloading this free ebook today.

Networking Power in the Shower! Did Your Business Get Flushed Down The Drain?

Posted on June 28th, 2009 in The 5 Pillars To Success, Personal Development, Recent Posts by Laurie

In my house timing and water pressure goes hand in hand. This is never truer, I’m thinking, as I stand under the shower spray, shampoo running in my eyes because someone flushed elsewhere in the house! It’s bad enough getting five people showered and having hot water for all of us, but to have that pressure turned to a mere drip is maddening! Hugging the trickle of water from above I’ve completely lost my momentum of routine and wait impatiently for the pressure to build back up.
I’ve learned timing and momentum play important roles in my business as well.

I’ve become very creative managing the timing and flow of things in my house as far as the water pressure goes, but this wasn’t always true in my business. In my first few attempts in starting up a home based business I had not yet realized that timing in the industry was as important to my success as was consistent momentum.

In my home, with three teenagers all (luckily) finding good hygiene important, I realized I had to employ a schedule that included routine chores such as laundry, dishwasher and garden spraying. In my business, it wasn’t as easy to discern why the momentum in my business trickled down to almost non-existence. So I started to investigate who or what flushed my business down the drain!It was during my education into this matter that I discovered there’s a similarity here.

It’s all in the timing!

My lack of knowledge was the reason my business went tepid instead of steaming up the windows. Learning to think with a critical mind, and knowing when the best time was to join a business has once again restored my creativity and cleaned up any doubts I had of success.

Who knew there was such Networking Power in the Shower?

If you’ve experienced your business being flushed down the drain, build the pressure back up! Click here now and let’s see if your windows don’t steam up!