Livethesource launched recently and is based on he MLM model targeting the Nutrition industry. Will it last? Are you going to make money with it? What is the missing ingredient to be a success at it? Here is an unbiased review of the company which will answer all these and more questions.
The company is based out of Fort Lauderdale, Florida and officially launched on September 12, 2009 in sunny Hollywood, California. Many people believe that being first in an opportunity is best, and it can be good, but you have to balance that with the increased risk of instability and uncertainty. Many companies just do not make it passed their first 2 years let alone 5, 10 or 20.
Is Livethesource a Winner?
There are 4 critical areas to help you as you evaluate and determine how strong the Livethesource opportunity will be and whether or not you can make money making Livethesource your main business. You Must get a passing grade on all 4 of the following areas to maximize the likely hood of success.
First of all consider the skills and experience of the management team. Digging in I found that the company has 4 co-founders, all of whom have a good standing in both the Corporate and Network Marketing industry. A god management team means a good foundation has been laid and the team knows how to make the company grow and last.
Unique Product Equals Market Share
Lets move on to the next criteria, which is, the product. Is it unique and does it have good quality. If the company has an unique product which caters to a good market and benefits them, then they have a great selling point.
Livethesource has a patented product called Dailysource which is a multi-vitamin mineral. This product seems to be unique and is the proprietary of the company. So looks like the product is good.
Show Me The Money
The next point of consideration is the pay plan. While reviewing a pay plan, do not fuss too much. As long as it's fair and lucrative, you have nothing to lose.
The Livethesource pay plan pays out 7 different ways and is structured around the traditional unilevel design. You can earn money through retail sales, uni-level volume, generational pay, a car bonus, ambassador and critical path bonuses. One unique feature is you have the ability to move a distributor, within their first 30 days, to anywhere your team needs the most help which encourages great team work. The Compensation plan is lucrative and fair so once again Livethesource gets a pass.
Where The Rubber Hits The Road
A must for any MLM venture are the training and marketing tools. Livethesource unfortunately does not have a good training system in place which addresses the needs of a distributor. There are not many MLM companies which can boast of a good training program so don't worry.
Your best option is to partner with a cutting edge MLM Marketing System that is specifically designed to not only teach the skills necessary but provide you with the right tools. It doesn't matter how strong or great your company is if you don't know how to market it like a pro. Take step 4 very seriously and you will surely build a successful Livethesource business that will grow for years to come.
About the Author:
This is from expert writer on Online MLM Secrets, valuable information and resources for anyone who is building an MLM Business. Check out here for a full unbiased review of livethesource. There you will see 100% free access to Jonathan Budd's 8 Day Mastermind Marketing Bootcamp.
