Archive for October, 2009

Did you know? Video

Posted by Richard Wall on October 20, 2009
Interim Management, Internet Marketing, Technology Advice, Videos / No Comments

Did you know? Video

The current economic downturn is the catalyst for many professionals in the corporate world to have a career break, add new skills to their portfolio or even retrain for something new. The pace of change in the corporate world is accelerating and it’s bringing with it huge dissatisfaction and stress for so many people.
If you are looking for a way to get more work, set up additional income streams or change careers you need to position yourself.

Are you ready for the future?

If you are an interim manager, management consultant, in a job or have your own business you can’t afford to be left behind. ‘Did you know?’ is one of those cool viral videos doing the rounds at the moment. If you are not sure just how huge an impact technology is having on your job and career prospects this is 4 minutes of essential viewing:

   

Just how do you jump on this money making machine called the Internet? If you are like me and in the over 50 bracket it can seem daunting… where do you start and who do you trust? It’s not difficult once you know what to do however it’s not simply a matter of setting up a Facebook or Twitter account, sitting back and watching the money roll in. And it’s also very easy to do the wrong things.

Interim Career Solutions can help steer you through the Internet marketing hype and get you up to speed quickly. You can learn how to better promote yourself and your business on the Internet (or even turn your hobby into a profitable Internet business) and start seeing results within a few hours. Did you know if you would like any advice you can give Richard Wall a call or drop him an Email?   smiley_13

Tags: , , , , ,

Why do most people hate MLM?

Posted by Richard Wall on October 11, 2009
Business Opportunity Advice, Interim Management, MLM, Pyramid Selling / No Comments

Why do most people hate MLM?

If you are in between jobs, looking for a work at home opportunity or even looking for a career change, it won’t be long before you are presented with a Multi Level Marketing – also known as Network Marketing – opportunity.

It started for me when I left the rat race as a Chartered Accountant / Finance Director and became an interim manager and consultant. I wasn’t working every day and it just seemed a great idea at the time to fill in the gaps by building a team of people selling a Chinese herbal drink and diet cookies. OK… maybe not the smartest move in my career. I then realised my mistake and moved onto selling skin care and vitamins. My family and friends thought I had a screw loose and it took a few more mistakes before I found one that worked.

There’s always been a stigma surrounding MLM… our neighbour said when he heard about the Chinese herbal drink business “it’s not bloody Amtrak is it?” It wasn’t Amway so I could say no. Lucky escape.

Why is it that the very letters MLM strike fear into people? It’s because they’ve either experienced it firsthand or they’ve heard MLM / network marketing horror stories:

- Weird or suspect products (Himalayan wonder berry juice etc.)
- Expensive products (£1 a chunk for so-called ‘healthy chocolate’, £20 for washing up liquid etc.)
- Selling to your friends (having them round for dinner and after the first course having to whip out a whiteboard from behind the curtains)
- Filling up your friends’ (soon to become your ex-friends) garages with water filters or intruder alarms
- Pyramid selling, gifting schemes etc. (no product, just a money game…when the music stops the last people in lose their money)
- Outdated products (e.g. telecoms/broadband/utilities which in the UK was a great opportunity in the early days of deregulation but is getting ‘tired’ now.)

And for business people there’s another reason. Let’s say you are a printer and someone comes along and says “would you like a secondary income stream?” In these challenging economic times you might well say “yes”, however when you find out that the opportunity is based on selling cheap imitation perfume or a unique miracle drink from deep in the Amazonian rainforest, it probably won’t strike a chord with you. You’re finding it hard enough to make money as a printer and this would be a big distraction. No wonder business people have mainly steered clear of MLM.

I’ve been around the MLM industry for more than 10 years. The above reasons for the ‘cringe factor’ are bad enough, however from an insider perspective there is another reason why even I dislike most MLMs: there’s too much hype and too many lies. Many opportunities are run by ‘crooks’ selling a very expensive health product which, when independently analysed, does you no more good than grape juice (and you are encouraged to buy lots of it.)

pyramid_sellingIt gets worse… without mentioning names there’s a good example going around at the moment whereby a big health and nutrition company – where just a few months ago the leaders were proclaiming the best product ever and best ever opportunity ever – has seen many leaders and most of their downline jump ship into another health and nutrition company. Why would they do that? Simple really: they were enticed to move their downlines into the new company with a whopping transfer fee of a million dollars or more. MLM is rarely to do with product and often to do with greed.

There’s another major flaw. Even if you find a health and nutrition MLM company and product you love you will make some of your money retailing the product however the big money will come from building a team of ‘opportunity seekers’, the vast majority of whom would not normally be allocating $100-$200 of their stretched monthly family budget on expensive pills, potions and lotions. However good the products are most of these people will quit after a couple of months of spending more than they are making. This huge attrition rate and the resulting bad feeling is largely what creates the bad feeling.

It’s not all bad news though. If you find the right company and products, MLM is a very powerful business model which has been endorsed by people like Donald Trump, Robert Kiyosaki and Richard Branson. I’ve recently added an MLM to my business portfolio which is attracting many of the world’s top personal and business development trainers and authors; it doesn’t have any negatives for business people because the products are all about helping them be more successful. And because people like billionaire Bill Bartmann and top speaker/author Brian Tracy are directly involved in an MLM for the first time it has instant credibility. So, if you are looking for another income stream get in touch with me or at least have a look at what Bill and Brian say on our eLearning page.

Richard Wall set up Interim Career Solutions to help interim managers, consultants and anyone in between assignments set up additional income streams on the Internet. Richard’s Residual Magic eBook will help steer you through the get rich quick hype – free download available here or to the right of this page ===>

Are you planning your future or your dinner?

Posted by Richard Wall on October 01, 2009
Personal Development / No Comments

Are you planning your future or your dinner?

I’ve been a subscriber to Brian Tracy’s daily newsletter for a few years now… it’s one of the only regular Emails I always make time to read. briantracy_104x150In today’s Email he said this:

‘Have you ever heard people say “when my ship comes in, I’ll probably be at the airport?” Turns out it’s not such a crazy notion after all. Many people, maybe even you, fail to plan their future beyond what they’ll have for dinner tonight.’

Wise words… especially in this New Economy. If you want to plan a better financial future for yourself and for your family, I can help you learn how to set up a secondary income stream on the Internet and quickly.

Your ship has come in - phone or Email me and I’ll help you get down to the port.

Tags: , , ,