What is Team National? Team National Review
Team National is a $200+ billion a year network marketing company (or MLM home business) founded in 1997 by Dick Loehr. Located in Fort Lauderdale, Florida, the company is a legitimate business as evidenced by their various designations and associations: members of the Direct Selling Association (DSA), a Registered Member of Dunn & Bradsteet (D&B), a Member of the US Chamber of Commerce and a Member of the Better Business Bureau of Southeast Florida (BBB), plus strong endorsements from people like best selling author & leadership development coach John Maxwell, among others.
The “Product” of the Team National MLM Home Business:
Every legitimate MLM home business company must market something of value to its customers in order to generate revenue to the company and to be able to pay it’s network of distributors. Team National is different however, in that it markets a membership to help people save money who use it on a vast array of products and services in over 20 different industries. Since 1997, total membership and product sales is approaching $1 billion.
The idea behind developing a company to provide benefits and services – now called membership savings – came as Dick envisioned an MLM home business program, that would allow anyone who owns a membership package to enjoy the type of discount buying power as a Fortune 500 company. Starting with only a few basic discounts – savings on oil changes and new car purchases – the Team National MLM home business now offers substantial savings on everything from small everyday items (household goods, business supplies, communication services, insurance and travel services, clothing, food, you name it…) to larger once-in-a-while type items like jewelry, home furnishings, vehicles and toys.
They split the savings into 4 different divisions:
1. Factory Direct (up to 65% savings on items like jewelry and home furnishings)
2. Group Buying Power (over 20 different industries)
3. Business Exchange – save locally at thousands of small businesses across the country
4. E-Commerce – up to 30% commissions from over 100 popular and brand-name retail stores with a Team National website
The Opportunity for a Team National Home Business:
AlthoughTeam National’s membership program demonstrates clear value and representatives – or Independent Marketing Directors (or IMDs) as they’re referred to – who mainly want to sell the aspects of the membership in order to get sales will not make much money with Team National. As with all MLM home businesses, MLM and internet home based businesses, creating a sustainable, booming, walk-away residual income requires leverage in the form of team building. Through building teams, you can multiply your efforts to get not just a few membership packages purchased; in fact, it’s possible to get hundreds and thousands of memberships purchased through your network from which you receive your override so-to-speak (just like an insurance broker receives an “override” on the accomplishments of their people).
The Team National compensation plan offered is also one of the better ones in the industry simply because of the amount of money Team National pays out. This is because the company pays out 72% of the price of the memberships back to the reps in commissions and bonuses with their hybrid binary structure. This unusually high compensation amount – they talk about weekly pay for your first “Progression check” of $1,500 – is because there is no needed product markup or profit margin added onto the price of the membership. This enables the company to negotiate these savings based on the group’s high-volume buying power (just like a nationwide co-op). This again is one main advantage Team National has over its rivals in the industry.
Highlights of the Team National MLM Home Business compensation plan:
As discussed previously, the Team National business model as with most network marketing companies, pays out the most for those who build teams (because that gets more memberships purchased). Using their hybrid-binary structure, they pay out between $25-$100 for every membership sale. In addition, Team National has created a points system where just 4 membership sales (on average) in each leg of the binary will produce a $1,500 check as often as weekly (see compensation plan for exact details). This is strong compensation and as your team grows you earn additional legs (paycenters they call them) which each pays out an additional $2,500 when on average 4 sales are made on each of the paycenter’s 2 legs. This can add up to substantial income for the serious business builder.
It’s worth noting the difference between $25-$100 per sale (for the salesman) versus building a team and being paid $1,500 from 4 or so membership sales in each leg that you or your team bring in. All in all, Team National is one pretty powerful MLM home business for those who approach the business the correct way.
So how does a Team National IMD go about building a thriving, income-producing team?
First, you must have some kind of system in place to help you promote to find and qualify potential business partners to present the Team National MLM home business opportunity to. You can do this by just talking to people you know, or you can work smarter by utilizing the power of tools like the internet to help you sort through an almost endless quantity of probable prospects actively searching for an opportunity like the Team National MLM home business provides. Work smarter to leverage your income and get your business in front of more people to make more money (it’s all a numbers game after all) or continue doing what you’ve always done if you want to continue to get the same results.
Category: Home Based Bussines
Working From Home Tips ( How To Make Money While Your Sick )
Many people want to start a home business, but never do because of the hassles and start-up costs. As with any new business, a home based business can have unforeseen expenses and problems. There’s also usually a waiting period of at least a year before profits can be realized. But with a turn key, automated home based business, many of these hassles can be eliminated. You can make money from home without the initial hassles of running a business. Let’s see how a turn key business works to your advantage.
Eliminate Many Business Start-Up Costs
Most new home based businesses will require certain start-up costs. These may include a new computer and computer desk, a printer, supplies, a fax machine, employee costs, consulting or accounting fees, a business phone, and printing costs for letterhead, envelopes, and business cards. With an online home business, you’ll incur fees for new website design along with your domain name and hosting fees, promotion, and order processing expenses. These can add up in a hurry and are the main reason many new home based business owners don’t make it.
Why a Turn Key, Automated Home Based Business?
A turn key home business helps you eliminate many of these start-up costs and some of the hassles while realizing your home business dream. You’ll still have some responsibilities, of course, but nowhere near as many. Why? A turn key home business is a ready-made business that has already been tested and proven time and time again for your benefit. By the time you join the opportunity, the company has likely already tested to see what works… and what brings sales!
You can enter a turn key, automated home based business with the backing of highly trained professionals who know how to guide you every step of the way. This eliminates part of the waiting and testing period for new business start-ups. You can make money from home in less amount of time while leaving the legwork to the experts.
Benefits of the Turn Key Home Business
There are many benefits of joining a turn key, automated business opportunity. First, you’ll be able to avoid the hassles and many start-up costs of a new business. Turn key businesses usually provide a website for you, which will eliminate high web design costs. You may be required to pay a fee to receive the website and services, but much time will be saved because your website will be ready to sell. The website presentation has already been tested to bring results. Also, customer service can be a huge benefit. The company will take care of sales for you. Trained professionals will take the phone calls and answer questions. They will close the sale for you so you won’t have to worry about working one-on-one with customers.
Having a turn key website also eliminates many office expenses. You may still want to get business cards and promotional items, but you can eliminate phone expenses and other supplies because you won’t need them for online promotions. Your main function will be network marketing through online promotion, so you can earn a healthy residual income based on your promotional efforts. The company does the selling for you once you introduce new people to your website.
As with many MLM opportunities, the turn key, automated home based business uses an automated system that works around the clock selling the ideas or products available, even while you sleep. Your focus can be on promotion, not everyday tasks such as answering phones, mailing correspondence, and updating your website.
So if you’re worried about the hassles of starting a business, then a turn key, automated home based business may be just the right choice for you to realize wealth from home.
www.HowToMakeMoneyWhileYourSick.com has an excellent Free Report on how to make money online with some excellent tips and guides on webhosting and more.
Looking For A Home Based Business 5 Questions You Must Ask
When looking for a Home Based Business there are 5 very important questions you must ask.
They are:
Question #1: What is the product or service being sold?
If you cannot clearly identify a specific product or service being offered for sale through the Home Based Business, it may be a Pyramid Scheme or a similar type of Scam.
Here’s the reasoning behind it:
If there’s no product or service being offered to the public for sale, how can the company promoting the Home Based Business generate a profit? Where’s the money coming from to pay you a commission or a bonus?
If they’re not making a profit from sale to the end consumer then they’ve got to generate that income from you and other members like you just recruiting other people who are usually asked to pay some outrageous Application/ Registration Fee, even if they call it by a fancy name.
This is nothing more than a Pyramid Scheme and NOT a legitimate Home-Based Business. A popular example is Gifting Programs, there are no Goods or Services being sold, it’s just people exchanging money with other people. Sooner or later somebody is bound to get hurt!
Question #2: How stable is the company?
Why is this important?
Well suppose you found what seemed like a really great company and started building a Home-Based Business with them only to find out 2 to 3 years later that the FTC swooped down on them for illegal practices and shut them down for good?
This actually happened with one company I was working with many years ago.
People became millionaires with this company in a matter of months. It was the fastest money I’d ever made in Network Marketing up to that time, but within months of joining the company it all came crashing down because of problems with the structure of the company and certain practices that displeased the FTC.
I learnt my lesson.
In checking out the company you’ll want to find out how long they’ve been in business and where their headquarters is located. You’ll want to ask about any other Companies they’re affiliated with, like their Parent Company, Sister Companies or Subsidiaries if there are any.
There’s an old adage that goes; “Show me your friends and I’ll show you who you are.”
That applies here.
You can tell something about a company by the company it keeps (pun intended).
In looking at how long a Company’s been in business be careful not to throw away the good with the bad, for instance, a particular program might be brand new but the Parent Company backing that program might have been in business for many years, giving it the stability you’re looking for. Look deep and don’t be afraid to check behind the curtains.
Question #3: What is the quality of the company’s leadership?
Dr John C. Maxwell, international Speaker, Motivator and Best-selling Author says, “Everything rises or falls on leadership.”
It has been my experience that a Company usually takes on the characteristics of its leader(s) so, if you want to know what kind of business you’re about to join, look at the leadership.
Practically speaking, you’ll also want to check out the business acumen of the person or people in charge because they’re the ones making the decisions that’ll impact the future of the Company – Your Company.
Question #4: How good is the compensation plan?
I think The O’Jays said it best; Money, money, money, money… monney!!!
You’re going in business to make money not to look good in a business suit.
And if you have a real Home-Based Business then you won’t be wearing a business suit in the first place, Right?
There are so many different types of Compensation Plans; from the sublime to the laughable. There are 2-Ups, 1-Ups, Binaries, Unilevels, 5×7 Expanding Matrices. There are Spillovers, Powerlines, Breakaways and on, and on, and on.
Here’s what to focus on:
How much is being paid out in commissions?
Too little and it’s not worth your time, too much and the company might not retain enough profit to sustain its continued growth and expansion.
The experts say about 65% being paid out in commissions is the acceptable norm.
Understand the difference between Bonuses and Commissions.
Commissions usually form part of your ongoing residual income. Bonuses are usually temporary financial increases, paid on a specific action, performance or fulfilled quota and as such; do not form part of your regular ongoing income. Focus on good commissions as opposed to bonuses!
Look for passive, residual income.
This is the kind of income wise people seek after. It’s the type of income you keep getting long after you’ve stop working. An author writes a book once and keeps getting royalties from sales years after she stops writing.
The Harry Potter Series made J. K. Rowling a billionaire and now here comes Stephanie Meyer and the Twilight Series – Go sisters, go!
With a Home based Business the same thing is possible.
You can do the work once and keep getting paid forever once you’ve selected a stable Company with good Leadership and the right Compensation Plan with an easily Duplicatable System.
Question #5: Is it easily duplicatable?
Even if you’ve got everything else going for you that’s mentioned above, if the system CANNOT be easily duplicated it’s not going to work.
Your attempt at building a successful Home-Based Business will fail and here’s the reason why:
J. Paul Getty said, “I would rather earn 1% of the efforts of 100 people than earn 100% of my own efforts.”
This is the axiom upon which Network Marketing, MLM’s and Affiliate Programs are built. Zig Ziglar said it this way, “If you help enough people get what they want, you will get what you want.”
Either way you look at it, it’s going to take a team. Teamwork makes the dream work. So, if the system you’re looking at cannot be easily duplicated by the average person who wants to start a Home-based Business how are you going to ever build a successful team?
There are over 475,000 people worldwide starting a Home-Based Business every week, 175,000 here in the USA alone. Most of them don’t know how to build a Home Based Business so if your system isn’t user friendly then, most likely, they’ll find another one that is.
Keep these tips in mind:
We live in the age of Video; this is the YouTube Generation so, if your program makes use of video to help sell the product or explain the benefits that’s a plus.
People have become very wary of ‘meetings’; that’s like a four-letter word to most so, if your business presentations can be done online that’s a plus.
We also live in the Digital Age; Digital Products are the fastest selling commodity on the Internet right now. If your business is involved with the sale or distribution of Digital Information Products that’s a plus because they’re instantly delivered and can cut overhead expenses by as much as 80% for the Company thus increasing the Profit Margin.
This simply means… More money for everyone!
There you have it; my 5 top questions you should ask before joining any Home-Based Business.
How Do You Create A Successful Business From A Legitimate Home Based Business Opportunity
If you and your family are interested in a legitimate home based business opportunity, you may want to first generate a checklist for starting a business. This method is invaluable for determining and identifying the areas of focus you need to search for and start a legitimate home based business opportunity.
Some items to be included on a business start-up checklist are:
Identifying your reasons for starting up a business
Find a network of support
A careful, honest and extensive self-analysis
Identify your skills and expertise
Discovering your niche
An analysis of the market
The start-up plan and budget
Financing
For many people worldwide, business ownership is a lifelong dream. However, there is a tremendous gap between making your dreams a reality and dreaming about making your dreams come true. A legitimate home based business opportunity may offer success, but success starts with turning your dreams into a business plan. A business plan for any legitimate home based business oppportunity should be the first step on your road to financial independence and financial security.
Each of the above mention components contributes to the success of a legitimate home-based business opportunity. Many entrepreneurs start a new venture by asking themselves why they want to be their own boss. Perceived freedom from a nine-to-five routine, the ability to work when you want, or the prospect of enhancing their standard of living are among the most popular reasons for starting a legitimate home based business opportunity.
Examine yourself to identify your passions, do your homework about all of
the legitimate home based business opportunities out there, be practical and prepared by beginning a business with a business plan, find a mentor you can trust, and be sure your budget is set for a 6 month period. The planning will help to guide you in seeking success in your legitimate home based business opportunity, but there is no subsitute for passion, hard work, and persistence.
Growing Profitable Plants – A Perfect Home-based Business For Gardeners
Many stay at home moms love spending time in their garden. Watching plants sprout and grow can be so rewarding. But many people do don’t realize you can make a great income growing plants, averaging as much as $ 20 to $ 30 an hour. Yes, you really can. It’s all possible by growing plants for profit. It’s simply a perfect business for anyone who wants to work at home. Here’s why:
Many stay at home moms love what they do, but would still like to make some extra cash. The big question is, how to do that when you have so many responsibilities at home? You need freedom to pick up the kids from school, to run errands and so on. So what business could give you that, plus make you good money? That’s easy, growing profitable plants. Growing plants does doesn’t require a full-time commitment. You can work plant care into your daily schedule, doing it whenever you’re able.
First, you pick the plants you want to grow. Visit local nurseries to see what plants are popular.. Do you have favorites succulents or ground covers, for example? See if the nurseries are stocking lots of your favorites, as that’s a good clue about their popularity. Talk to local landscapers to find out what their favorite varieties are. Next, get planting! Make sure you have a suitable potting soil mix, plant labels so you can tell which plant is which, slow-release fertilizer (also known as time release fertilizer) to give your plants healthy nutrients on a slow basis, and a good number of the right size containers to put your plants in. Thrifty growers can often get free containers from local landscapers, who would rather recycle them than haul them to the dump.
When you’re ready to sell your plants, you have lots of ways to market your plants. Here are some popular choices:
Farmers’ markets continue to be popular events drawing big crowds eager to buy high quality plants from local growers.
Fundraisers are a way to bring positive attention to your business. Donate some of your profits to a good cause or charity, and it can benefit the charity or cause and still give you a tidy profit. People are usually more willing to spend money on good products if they know some of the profits are going towards a good cause.
Selling directly to landscapers is a way to make big profits and have steady repeat business. If you can supply landscapers with what they’re looking for at reasonable prices, they’ll be calling you a lot.
These are just three of several ways to make good money growing for market. And get this, it’s the perfect activity to do with your kids and other family members. For one, it can keep your kids involved and close to you. Instead of playing video games, your kids can learn the process of growing plants and how to take care of a living thing. It’s an on-going education in life for everyone.