MonaVie Scam Or A Good Home Business?

MonaVie began doing business in early 2005. It’s founding officer, Dallin Larsen, states that MonaVie is the fastest growing private company in the world. It apparently does business in at least five different countries A company brochure states that ” MonaVie develops and markets scientifically formulated, premium quality nutritional products, specifically for person-to-person distribution.” It also says that “Our products feature an exclusive blend of the powerful acai berry, found only in remote regions of the Amazon, and other nutrient-dense fruits, each selected for its specific nutritional properties.”

My goal in this article is not to express an opinion in favor ofor to detract from this company, its directors, or nutritional drinks. Instead, my intention is to provide information to potential entrepreneurs who may be interested in a reliable home-based business opportunity as a means to earn money at home.

First, let’s enumerate a few of the benefits when someone decides to work at home:

1. Eliminate the hassle of having a boss telling you things to complete
2. Eliminating a long daily commute
3. Work when you want and where you want
4. Not having the hassle of office politics
5. You get to decide what you wear (robe and slippers work just fine)
6. Tax advantages that accompany owning your business
7. How much you make is determined by how hard and how smart you decide to produce

These advantages accompany any home enterprise, including MonaVie.

MonaVie’s website states: “At MonaVie, our mission is to change and improve lives around the world by introducing unique nutritional products, offering a rewarding business opportunity, and by giving back through our charitable initiatives.” It also asks the following question: “Is it time that you want, or more time? Health, or better health? An income, or a bigger income? Freedom, or greater freedom? Whatever your goals are, MonaVie can help you achieve them.”

Regarding the business opportunity, an article by Tony Dokoupil from the August 11, 2008 Newsweek Magazine reports: “… according to MonaVie’s 2007 income disclosure statement, a federally required printout of their distributor earnings. More than 90 percent were considered “wholesale customers,” whose earnings are mostly discounts on sales to themselves. Fewer than 1 percent qualified for commissions and of those, only 10 percent made more than $100 a week. And the dropout rate, while not disclosed by MonaVie, is around 70 percent according to a top recruiter.” Dropout estimates from other reports approach 90% within the first 90 days.

Let’s look at earnings figures reported by MonaVie for its “active distributors.”

The first line of the official company report states: “The Income Disclosure Statement is a reflection of MonaVie’s rewarding opportunity.”

Analyzing this statement, 97% of active MonaVie distributors receive an average income (before taxes) ranging from $23 per week to $172 per week. This report excludes customers or distributors who have not met sales requirements within any of the preceding 8 weeks to be considered “active.”

Next, lets take a look atthe business opportunity from the standpoint of an independent sales rep. The initial cost to join is approximately $40. Costs to be considered “active” approximate $200 per month It appears that a huge number of people who actively work at their work at home business barely break even or make a small profit. Regardless, many distributors remain enthusiastic fans of the products.

Is the MonaVie business model a pyramid scheme, or a legitimate work at home business? The 97% number given above represents many thousands of individuals who bring in the majority of earnings for MonaVie. These distributors earn very small amounts of money in comparison to the top two to three percent. For instance, in the top category-Royal Black Diamond Executive-seven people each receive from $1.5 million to $3million per year. This disparity in earnings is failry typical in this business model.

The MLM business model–also known as network marketing-has been considered effective for many years. One good feature is the minimal cost to launch the business. Critics feel that the U.S. marketplace is overrun with multilevel marketing people. Thousands of companies exist, pushing lotions, potions, magic juices, weight-loss formulas, food supplements, and more. People who have been rectuited in the past frequently decline invitations to attend sales presentations thinly disguised as “opportunity” meetings. This happenswhen the meetings take place in someone’s home or a rented conference room. Lots of people believe that the MLM business model is dead.

Most people do not like selling. However, this is exactly what’s required to succeed in MonaVie or any form of multilevel marketing. Attempting to recruit and enlist your “warm” market–family members or loyal friends–can strain these treasured relationships. Many find it emotionally tiring that they must continually motivate others; however, this requirement is absolutely essential if your business is to succeed. The hope is that new enrolees will repeat the process and sell their friends, family, and others on both the products as well as the business opportunity.

This method is not unique to MonaVie, but can be found in all businesses that use the multilevel system of marketing. Your income in MLM depends not only upon your personal efforts, but to an even greater extent upon how well you motivate those people to work who are in your downline. Thus, it becomes your responsibility to 1) teach your downline about the products and the business, 2) teach them how to sell, and then 3) keep them up and motivated fairly constantly. I often see estimatesthat from 70% to 90% of all distributors drop out within their first year in multilevel marketing.

In the past two or three years, many home business owners have found greater success by marketing their products or services on the Internet. This more current business model allows substantially more control of one’s income and work requirements. Some refer to the money they earn as “Internet marketing magic.” Your individual efforts in Internet marketing influence your earnings to a much larger degree than with MLM.

Click HERE for an inside look at the author’s #1 scam-free home business. Charles Smithdeal is a top earning Internet entrepreneur and Certified Marketing Consultant.

Article Source:http://www.articlesbase.com/home-business-articles/monavie-scam-or-a-good-home-business-1771814.html

Make Money Filling Out Surveys With Paid Survey Websites

You can make money filling out surveys with paid survey websites that are much better than the ones you’re with. How do I know this? Well, it’s pretty common knowledge (at least in my parts) that 95% of us are looking for paid survey websites the same exact way, but it’s also the wrong way. All it does is direct you into the den of places that don’t pay much money for filling out surveys.

Just to get it out in the open, I am explicitly talking about search engines, which are by far the most important tools we use on th web. We us them for everything don’t we? They get us to where we need to go in about 2 seconds, right? Well, in this case, they don’t. If you have been using them to get links to the best paid survey websites to make money filling out surveys, I’m sorry to tell you, but you’ve been going to some of the lowest paying sites out there today. That’s all you get from their random lists.

You get a different list every time you use them, yet none of the better paying ones show up. They are stuck in the very back of the results, where nobody finds them. The solution to this is to use message boards to your own advantage. Big, well established message boards are totally packed with honest knowledge about paid survey websites, too. No spam is found in the big ones, because they have very good moderators and the owners don’t allow that misleading junk. That’s why you can use them to make more money filling out surveys.

You pick some of the topics about paid survey websites you find in the archives and spend about 10 minutes looking through a few of them. You won’t believe the amount of amazing info you can grab and gather there. People have been giving their input daily, talking about hundreds of places to make money filling out surveys. You get the inside scoop about the good paying ones and the bad paying ones at the same time.

That’s how I make the most money filling out surveys from the better paid survey websites.

Grab my brand new review of the best survey sites in my Free Survey List.

Article Source:http://www.articlesbase.com/home-business-articles/make-money-filling-out-surveys-with-paid-survey-websites-1768383.html

How To Jumpstart A Top Home Business Venture

Top home business ideas are great for people who want to work without being confined to office chairs in the corporate world. Today, with the advancement of technology and the ubiquity of the internet-related job opportunities, is one of the best times to start a home business. There are many home business ideas that you can choose from. 

Take your time when deciding what top home business venture to undertake. Don’t jump on the first easy solution that you might find because you may not end up liking it and waste your time, energy, and possibly even money on it. There are many factors that should guide you in choosing the right business enterprise to invest on. 

One is the wealth system of the business idea. If you are eyeing on a venture that looks inviting and lucrative, make sure that it has a effective wealth system that is proven to generate revenue and is worth your time. 

A wealth system is like a step by step process which you can easily follow. You can try to make your own mark by starting one on your own but if you’re a newbie, it might be very difficult. If you never had a home enterprise before, it would be best to follow a tried and tested way to earn money without leaving your house. 

Another thing that you should consider when you are starting a small enterprise in your home is a support group. A support group can be a person or a group of people who knows the ins and outs of the type of venture that you have chosen to follow. He, she or they are reliable enough to be asked for help in case you get stuck somewhere. 

It’s not easy starting a business from home and you will surely need all the help you can get. Make sure that you have someone that you can seek help from no matter what communication method both of you prefer. It might be someone you can e-mail or call, or even a group of people whom you can ask help from in forums or online bulletin boards. 

Decide on the advertising or marketing strategy that you will use once you have set up your business. When starting out, you may not have all the money in the world to invest in a large scale advertising venture or even a small ad in the newspaper. If you want marketing that will not cost you a fortune, you can set up a company site where you can easily showcase the products you are selling or the services you offer.

Ask help from people who have been there. They know what’s best in advertising your business without having to spend a lot of money that you can use for something else. If possible and if your budget allows, you can even hire a small team that is flexible, can multi-task and can help you with whatever issue that you need to solve while building your small enterprise from home.

 

 Learn more about the top home business opportunities in my website, and start building your top home business.

 

 

 

 

Article Source:http://www.articlesbase.com/home-business-articles/how-to-jumpstart-a-top-home-business-venture-1762378.html