January 16, 2010

5Linx – Is This Telecommunications Service Provider A Scam?

Their are many network marketing companies to choose from with different products and services as well as dfferent compnesation plans a bonuse to intice network marketers to promote their products and services.

5Linx started as a Network Marketing company in 2001. It is a telecommunications business, and markets telecommunication products through the network marketing business model. Many network marketers would say that thier growth is coming to an end, while other within the company remain that the company will continue to grow due to new products and services to offer their loyal associates to sell to the public.

VoIP, Satellite TV, and High-Speed Internet

Their are many telecommunications services to choose from. They have a bundle that include, satellite TV, high-speed Internet, wireles mobile phones, and long-distance services. The newest and most popular is the VoIP calling plans. The company has positioned their products for VoIP due the overwhelming demand for global communications.

The MLM Game

5Linx has been in the multilevel marketing business since January 2001. It has a credible and solid management team, which handles the company’s core businesses, which include cellular sales, product development and direct marketing. The company’s top executives, which include Craig Jerabeck, the President and CEO, has a solid background in cellular phone retail sales and management. The rest of the management team varies in experience, and although some may not have the same credentials as the top honcho, they perform fairly well when it comes to running the MLM venture.

Is The Company Financially Stable?

5Linx is considered to be one of the fastest-growing companies in the U.S. The can brag that they have created an incredible 800% in growth in sales in only three years. Not bad for a network marketing business that has only been around for eight years. 5Linx has a solid financial base because of their growth and the managment team behind it.

Can you Make Money in 5Linx?

Signing up and starting you business in 5Linx will require money just like other MLM companies. Your time and effort will determine how much money you can make with 5Linx. As an individual representative or distributor will require knowledge about the telecommunications business as well as time to promote and grow your business. Many network marketing critics say that the work you do will only earn you a measly $261 a year. I question their logic.

Here is the question I hear: Is 5Linx structured like a pyramid? First thing to consider is that this company is completely legal. Pyramids are ilegal. Critics argue that the majority of distributors like Executive Trainer or Vice President make the big checks while the majority struggle to make a dime. Consider corporate America: Who makes the most money? The CEO or the intern? One thing I wish the company would provide is an Income Statement on how much the their representatives are actually earning at different levels in the hirarchy structure.

Success in 5Linx will require an understanding in marketing and knowledge in the technologies it markets if you want to climb the ranks within the compensation plan. The telecommunications business is very competitive. The products that the company offers are in high demand and indispensable as long as customers want the latest communication devices and services. Also I want to mention that the company provides training and coaching on how to market their products and services.

And while the initial investment required is a a bit high and will surely turn-off prospective distributors, the company also does not guarantee a return on your investment. These two factors may lead some into thinking that 5Linx does not offer a viable business opportunity. Some MLM veterans insist that to succeed in this field, you need to work hard, find ways of effectively marketing your products, as well as build a wider customer base, and form a cohesive and dedicated team of downlines.

Shawn J Taylor has help hundreds of network marketers learn how to market their businesses online. To learn more about Shawn J Taylor visit my site.

Filed under Work From Home by Shawn J. Taylor

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