mlm leads

Challenger Gray Christmas – Value Of Lost Productivity In A Week, March Madness

I was reading my ESPN the magazine and I ran across a segment by the Chicago outplacement firm Challenger, Gray & Christmas. They did a little segment that many people in the cubicle world has heard that March Madness results in billions of lost productivity.

I hear this all the time and that the first week when people are making their brackets and when they are busted up in round one is where so much time is lost. Then the attention tends to die down but the damage has been done. Millions of hours gone to the love of March Madness.

See, Challenger Gray Christmas can put a dollar value not by using polls but by gathering statistics on productivity, average salaries, and an estimate of time to come up with a guess. It's not exactly rocket science but this is a general snippet of what was lost in a week. (more…)

By Lawrence Tam, ago

2Plus7 MLM Review, Does It Add Up?

At first glance, 2Plus7’s quite confusing. The first thing we want to know about any business is, what it deals in. However, the website for 2Plus7 seems to describe only the MLM opportunity and has little about the actual business. A declaration that members get a month’s supply of super juice spray made me think this is one of those health drink MLMs that have flooded the market in recent years. Here’s a review of 2plus7 that will explain in detail what the company’s about and its strengths and weaknesses as an MLM business.

2Plus7 – What Does It Deal In? (more…)

By Lawrence Tam, ago

MLM Downline and What It Means To Be Rich

I guess it depends on where you are financially. To some people, being able to eat out regularly makes them rich, while for others, a hefty bank account can only make them wealthy.Then there are the select few like myself that believe being rich really isn't a huge amount but being able to generate income monthly to cover all expenses.

This means your monthly income has a major role to play in this. While $2,000/monthly would suffice for some, others would need at least $4,000 a month to see them through. Some have their house paid off and others would prefer to always have a newer car around.

Warren Buffet Wealth

Warren Buffet Wealth

Even if you have $500,000 in savings, say you’ll need $4000 a month; let’s see where that leaves you assuming you get no interest on savings. My calculation shows your savings will be fully used up in just ten and a half years.

When family expenses, kids care, education, wedding and medical emergency enter the scene, you’ll find out that you’ll need much more than $4000 a month. Even if you were to put the $500,000 in a 3% interest bearing account that really won't help you.

So, to be “rich” you would need money coming in when your not actually at work. By this, I don’t mean the yearly vacation time you get. Being rich means being able to manage without having to use up your savings when you take 6 months off from your work. This is possible IF you had a healthy MLM Downline pulling you some serious residual income.

There are obvious differences in the amount you’d need depending on your location; in Texas, you could get a decent house for as low as $200,000 while in the West or East coast, you’d need twice that amount. So obviously you can't live on the same monthly passive residual income. Similarly, all MLM opportunities are different; don’t be fooled by businesses that look tempting and promise incredible incomes. (more…)

By Lawrence Tam, ago