ZeekRewards Review from the beginning for me means a totally new experience. A new experience as I never before have taken part at something like ZeekRewards and I never before found a better Sponsor.

There is much more on “ZeekRewards Review from the Inside” by Hezi. He is a good friend of mine and when he first talked to me about the program I was sceptical on the one side and interested on the other side. Why? When he explained his experience to me it looks as if there is no great work involved with it. No special knowledge, NO MONEY to spend in the beginning and I only need 5 min. a day to dedicate to ZeekRewards. So – why not give it a try?

ZeekRewards Review in practice

Curious as I am, I signed up as a free member and I am still on my way to discover ZeekRewards. OK – to understand the compensation plan will take some time. But placing the ad is done very, very quickly and easily.

You get the ad text, you get the medium where to place the ad. May be you have to sign up with the classified ads site… but once done this, you only need to copy and paste text and link, confirm what you have done and that’s it.

ZeekRewards Review on how you will earn money

The compensation plan is awesome. You will earn money even without recruiting. Basically you will earn so called VIP-points for posting your ad. These VIP-points are the basis for your compensation. You start with 100 VIP points and then every night you will receive up to 2 % in form of VIP-points from the company’s profit pool. Let’s give you an example:

You start with 100 VIP-points, the percentage of the profit pool is 2 % which means, your VIP-points arise to 102.

The next day you will increase your points again with 2 % which results in 104 points and so on. The percentage of a day may vary between  1% – 2 %.

By simply copy-n-paste and approx. 5 min. a day you can earn about $300/$400 a month in one year from now, without recruiting anyone!

This is valid for the free membership. In case you want to upgrade you can make even more money by referring people to the site which decide to buy bids. Your commission is between 5% to 10% from the people you personally sponsored (your 1^rst tier), and 2,5 % to 5 % on your 2^nd tier. The amount of commission depends on your membership level.

In addition, even when you sign up as a free member, you are placed in a 2×5 forced matrix. You can earn up to $3.50/month on every paid subscriber in your personal matrix, and you qualify to earn matching bonuses to unlimited depth.

Let me finish my ZeekRewards Review with the question: Why did I join ZeekRewards?

First I could join for free. This is necessary to understand the program. What I have read and understood so far: ZeekRewards is a great platform to build my MLM business not only local but worldwide.

Why should you join with me? Decide for yourself – you may need a platform for getting leads or you like to save money and try to win a huge discount on branded products (I know people who are in love with this and very successful).

For sure you will get a team, ready to help you with knowledge, tools and training to earn money with ZeekRewards.

So far my ZeekRewards Review – until now no red flag on ZeekRewards.

‘How does MLM work’. When you enter a MLM – Multi Level Marketing Company you normally will get sponsored by a person. When MLM is new to you it might me a little bit overwhelming to understand where to start. So be aware that in the beginning you need to follow 2 roads:

One road means selling products – and the other one means finding other sales reps, called ‘distributors’. Find the answer on How does MLM work by applying the next steps.

1. Find Customers – Sell Products

Why selling products? You already know the answer! When selling products you will earn money. This money I like to call ‘active income’. How many customers you need, how many products you need to sell depends on the Marketing Plan of the company.

So for example: you opened your own business with a Multi Level Marketing Company in the health sector. As you should know what you are selling it is quite natural that you have to buy a product or product range for yourself. Of course you buy this at a lower price than your client. So, when selling a product, you earn your first money. Referring to a Marketing Plan I know, I can tell you that you have your own product for free with 5 (five) clients. [Remember, this is an example – the amount of clients may differ from company to company.]

Once you have finished this step you will concentrate on the next stage regarding How does MLM work

2. Find other Distributors – Build your Downline

You now will learn and concentrate on how to find other sales reps who will follow you in doing the business.

Also here your sponsor will be at you side, will prepare you and may also accompany you, when you are doing the first presentations of the business.

A good MLM Company in this case will also support you with further information and supporting tools.

As you are earning from the sales of your distributor – and here starts your ‘passive income’ – it is quite natural to concentrate on the support of your sales rep or ‘downline’.

Conclusion: When you start, 1rst find at least as many clients as you need to have your own product for free and 2nd concentrate on building and training your  direct downline.

Once your sales rep is ready to work without your support, make sure that he will be able to train his downline to get customers.

You now have time to find other sales reps, train them, ‘let them free’ and again look for another sales rep who will work together with you on creating a great ‘passive income’. How many members you want in your downline, depends on what you want to earn and where you want to arrive in the hierarchy of the MLM Company.

Depending on your monthly income (direct and passive) you will climb up the ladder. Which means other bonuses or incentives.

To remain in a certain position, mostly you have to confirm month after month the income of the last month or naturally better to increase it.

When looking at the Marketing or Compensation Plan, it is up to you where you will arrive. It is not said that everyone needs or wants to arrive at the top. It might be your personal goal, your challenge to arrive there. Another one will be happy with a certain amount of guaranteed money and remain on this level.

It’s all up to you. You will be rewarded for your efforts, your work. No one will climb up because he knows someone inside the MLM Company or because he is good looking or can be convincing with words. Nope – the only thing which counts is the personal engagement and the results, received this way.

So, when you start, see yourself as the fresh owner of a store who sells goods and gradually open outlets which will help you to sell your goods. You are responsible for the new (outlet) shop owner, you will support and help him to be able to do the same as you did for them.

Let me know if this answered your question: How does MLM work?

MLM – To whom to talk? When you read or hear about MLM – Multi Level Marketing and further on have decided to open your Network Marketing based business one of your first thoughts might be: I have to talk to the member of my family, my friends… and so on. Especially when you are still in the first phase which means selling some products, finding your clients.

At this point I will answer you: Forget about it. Do not talk to your family, your friends…

Why not talk to them about your business in the MLM sector? The reason is easy to understand:
When you talk to your friends or family they might buy your product because they want ‘to help’ you to get started. Their motivation is mostly based on compassion and a kind of love. This for itself is wonderful. But it will not help you to build and grow your business.

Therefore again: MLM – To whom to talk about my business?

For building and growing up your business you need clients, who take the product because they understood the need for themselves of it. Your clients have to come to you and ask you for the product.

Your role is to transport the value of your product to your prospects. Only when your future client understand the benefit that it will have for his life, he is willing to buy it. Not only once but again and again.

Now let’s talk about the business.

Again: no family! No friends! (Ok, there might be exceptions…)

You remember the 3 fields I described in the former post on “What is MLM – What means MLM”.

To build up your business you need affiliates, people which are interested in setting up their own business. No matter if they want to run their own business part time or full time.
Important is: They are willing to learn, to make the first step to their financial independence.

So – these people will come from your clients. Why? Your clients already experienced the benefit of the product. Over time they’ll be open to listen to you when you want to propose or present the business opportunity to them.

Here again: Do not try to ‘push’ them into your downline. Your only task is to present the opportunity to them. When they will like it, they will follow you and you will teach them everything you’ve learned so far, together with the support of the company who delivers the products.

MLM – To whom to talk? People have to come to you!!!!

I cannot repeat it enough: It is much more important that the person has to come to you! The person needs to ask you! Transmit a feeling, that not everyone will be accepted by you.

Yes, this is important: It has to be sure that the person is really interested. Only when someone is really interested he is willing to learn, to ask and to move. This is the most wonderful base for a high-producing collaboration.

You may talk about your business to everyone and always keep in mind: in the beginning talk as little as possible, try to make your interlocutor curious. This means that he will come to you, to ask you about further information.

Try to keep the first approach as neutral as possible. This way your counterpart will not feel pressure. You might say something like: “ I run my own business in the …. branch and it’s interesting, although everybody talks about a bad economy, I realize a steady increase of demands. Therefore my next step for sure will be to expand my business.”

Stop here. You will see the reaction of your interlocutor. If he shows in a way or another some interest and wants to know more, simply answer something like: “OK – as we talk about business, let’s make an appointment to meet and we can talk about it more exhaustive. When would it be good for you?” Another possibility could be to leave your business card.

Again stop here. If the person really is interested he will give you a date and you will meet him/her in your office or where you like to go to present your business opportunity. Take care: it has to be a place where you can talk to the other person without being disturbed by others. Imagine the owner of a big company – would he go for a business talk in a loud, populated fancy place? You are too the owner of your company and you too need to behave as the ‘big ones’. This way you transmit competence and credibility.

Now you may understand why it is important in MLM – To Whom to Talk.

Basically it is a way to distribute a product or service.

When you have a look at the concept of MLM you will understand that it is simple and fair. On the one end is the producer of a product or service and on the other end the distributor or affiliate who will bring this to the consumer. With other words:

a product / service ——–> goes directly to ———-> the consumer.

Normally once in a month the producer will pay his distributor or affiliate a percentage of the retail price on his monthly sales.

Of course, this does not mean ‘multi level’ – but what does MLM mean, what is MLM?

So far you have seen the basic concept – a product/service goes directly through a distributor to the consumer.

This process covers 3 fields in a very honest and fair way:

1. A person handles a probably valuable product which mostly everyone can/will need. This person used it for herself, knows about the benefit and talks about it to others in a natural way (how and to whom will be the theme of another post). – This is honest and fair.

2. This person shares the business opportunity with other persons. As he/she likes her business his/her interlocutor might be interested too and would like to work together with him/her. – This is honest and fair.

3. This person who shares the business with another distributor only earns money when ‘her downline distributor’ makes sales. – This too is honest and fair.

It is after step 3 when the Multi-Level-Aspect becomes interesting. Our initial person will not only earn a percentages of her personal sales and the sales of her distributors, but also a minor percentage of all distributors which will follow her personal distributors.

So you now will understand the picture of what is MLM:

Simon

get as distributors                     Lisa                   Philippe

they are doing the
same as Simon
and gain each
2 distributors                     John    Allen       Allegra    Sam

Depending on the company’s Marketing Plan this will go down to 6 or 10 levels for each distributor. This means for our example that Simon will monthly receive a percentage of the sales of Lisa, Philippe, John, Allen, Allegra and Sam. This example shows only 2 distributors for every person. But there is no limit on how many distributors you personally may involve in your activity.

What is MLM – What else does MLM mean?

In the end MLM is not so different from any other way of distributing or selling products. But there are some BIG differences:

With MLM you set up your own business, you create your own company. OK according to the tax and registration laws in your country you need the permission to deal with other people products and most probably a tax-no.
What you DO NOT need is to rent an office, buy furniture or expensive machines etc. as you can easily start from your home where you already have all you need to start your own company. Now you have your answer to what is MLM.

Of course you need some initial money to start your activity with the selected MLM Network Company. Therefore choose wisely as there are a lot of companies on this planet. Read the terms and conditions well. There will be companies who want you to buy a certain amount of products to start with. As you buy the products at a lower price you will immediately earn when you sell your first products. Others only ask you to buy 1 product for yourself which is important as you naturally need to understand and know the products of your future business. The company then will do all the handling like shipping, billing etc. for you – quite easy, isn’t it?

As the companies appreciate the value of her distributors, they are spending time and money in teaching, motivating their distributors and/or prospects. The information goes from human being to human being, there is no anonymous, fancy advertising campaign which hardly says anything about the product.

Therefore: What is MLM?

MLM – Multi Level Marketing is a business from person to person the MLM company will do everything that the single distributor will feel well. They will set up training on various issues, will give you bonuses, incentives and lots more.

The next post on what is MLM will be about “How MLM works”

To make your future financially stable, you must take good care of your present. Avoiding unnecessary expenditure on irrelevant things and utilizing a particular percentage of your income for future savings is a good decision. An individual who follows this policy remains happy ever after. Remember, whatever you save today will be the source of income for you when you are released from your job responsibilities. If you still take it casually, getting aware of the annuity schemes will help you get the proof of the fact.

Annuity is an agreement between an individual and an insurance company. Whether you are retired or about to retire or have taken voluntary retirement, these plans are available to serve you financially, from which you need to choose one that is most suitable for you. The schemes can be purchased with either a lump sum or through periodic instalments. After you are retired, you get a significant amount because of the savings that you make throughout your service life. This sum helps you to buy an annuity scheme and avail the benefits in the form of added interest to income that the insurance companies offer.

It is up to the annuitant for how long he wants to avail the facilities offered by the annuity plans. If he desires he can choose it for life or else for a certain period of time. These plans are broadly classified into two categories, immediate and variable. In case of immediate annuities, the principal amount as well as the interest on it remains the same throughout. While, both fluctuates in case of variable annuity based on the earning of the annuitants in case they are involved in any kind of side business like stock exchange or share market, etc. Immediate category of the plan is found to be more reliable when it comes to the advanced stage of life of the individuals.

There are sure points you need for understanding bonds investment prior to start out investing in them. Not understanding these factors might induce you to buy the improper bonds, at the wrong maturity date.

The 3 most essential important things that must be considered when acquiring a bond incorporate the par value, the maturity date, and the coupon rate.

Par Value

The par value of  a bond refers to the volume of money you will get when the bond reaches its maturity date. In other words, you will obtain your original investment back when the bond reaches maturity.

Maturity Date

Therefore, the date when the bond will reach its complete value is called the maturity date. On this date, you will obtain your preliminary investment, plus the interest that your money has earned.

You can “call” corporate and State and Local Government bonds before they have achieved their maturity, at this time the corporation or regarding Government will return your original financial deposit, along with the interest that it has earned so far. Differently to this, federal bonds can not be ‘called.’

Coupon Rate

The coupon rate is the interest that you will get when the bond reaches his maturity. This amount is represented as a percentage, and you will need to use other information and facts to find out what the interest will be. A bond that has a par value of $2000, with a coupon percentage rate of 5% would generate for each 12 months until it reaches maturity $100.

Since bonds are not issued by banks, many men and women do not fully grasp how to go about buying one particular. There are two techniques this can be performed.

So you have two possibilities: You can a) use a broker or a brokerage company who will buy for you or you can b) go straight to the Authorities. If you use a brokerage, there is no doubt about that you most likely will be charged a commission fee. If you want to use a broker, have a look around for those with the lowest commissions!

Buying directly through the Government is just not virtually as difficult as it the was in the past. There is a plan known as Treasury Direct which will allow you to acquire bonds and all of your bonds will be held in a single account, that you will have easy access to. This will allow for you to keep away from utilizing a broker or brokerage firm.

Checking with reliable consolidation companies

Sometimes the debt consolidation companies can lead you into greater debt if they are more of a for-profit company. So, what are the things that you can do in order to get authentic help? You will be required to:
1. Find out the company’s affiliation – Try to find out if the debt consolidation company is affiliated with any of the professional affiliation companies like the International Association of Debt Arbitrators.

2. Check with its accreditation – You can also check if the consolidation company has the listings according to the work they do. You can check with their accreditation with the Better Business Bureau or the BBB.

3. Check with your State Attorney General – You can check with details of a consolidation company with the State’s Attorney General’s website. The page will have the details of the complaints filed against debt consolidation company (if any).

4. Go for a non-profit company – Generally, the good debt consolidation companies are the ones that are non-profit debt consolidation companies. So, it is important for you to find out if the consolidation company you are going to get help from for is a non-profit one.

5. Avoid a company charging you upfront fees – Never get help from a consolidation company that will charge you upfront fees. As per the Federal Trade Commission or FTC they cannot charge you any upfront fees.

6. Find out if the company is licensed – Try to find out if the company is licensed to do business in your state because not all companies are licensed to do business in all of the states.

In addition to the above try to find out if the consolidation company is going to provide you detail on debt consolidation process and the total time that it will take you to become debt free.

Author’s Bio: Martha Jackson loves to write financial articles and she is a contributory writer associated with the Debt Consolidation Care Community and has written several articles on debt consolidation, debt settlement and get out of debt for various financial websites. She holds her expertise in the Debt industry and has made significant contribution through her various articles.

1. Focus on your longterm goal. Ask yourself if everything what you are thinking, doing and saying is directed contributes to your goal.

2. Change your mindset. When you want to achieve your goal you need to change in what you do believe. In case you will not change your way of thinking whatever you do is like “to spit against the wind”.

3. Never again say to yourself: “That does not matter.” When you want to cut debits every single Dollar is important.

4. Make a list of everything you have to pay. This might sound strenuous for you. But I promise you that you will enjoy the result. From now on work with a budget.

5. Eliminate your credit cards. Do it NOW. Ask for a new one when you have a deposit of 100.000 Dollars.

6. Are you using a credit line on your bank account? Switch it into a normal credit. You will pay less interests and you will start to cut your debits.

7. Make a list of all your outstanding money. Go to your debtors personally to cash the money. Offer them a payment by instalsments. Thank them effusively.

8. Talk to your creditors. To hide yourself brings only anger and incomprehension. Talk to them openly and you will be surprised that most of them will accept your offer of payment.

9. Offer them at most half of the amount which monthly remains to you. There are two reasons to act like this: First because you decided to save money and second because you want to be sure to pay your creditors as you do not want to disappoint them.

10. Whenever you want to buy something ask yourself if this is really necessary. Do I really need it now?

11. Cut your debits, check out debt consolidation companies and have a look for other possibilities to earn some extra money.

12. Fix the maximum sum you want to spend every month and the minimum sum you want to earn on a monthly base.

13. Develop a sense for urgency. Simulate of the case of emergency. Take action as quick as possible. Remember: You have changed your doctrines and eliminated your credit cards.

Having debits for a lot of us nowadays is quite normal. Of course there are different kinds of debts. When you buy a house you will have an equivalent for the mortgage and in this case different rules take effect. Other possibilities to borrow money are for your own company or for personal purposes. The latter is quite dangerous especially in an insecure economy like today. Going on holidays, a new car, the latest mobile phone, the ultimate TV-Stereo system or a new dishwasher are only some examples on how to grow consumer debts. Today a lot of young people are thinking that they need perfect and complete home furnishings when moving into their first own apartment. Is it really necessary?
When you want to become rich, you should always remember, what you want is not equal to what you really need.

Something different when you need money for your company. Here it is important to have 2 major pillars: Other people and Other people’s money. This too is a chapter of it’s own. Actually I want to concentrate on consumer debits.

Let’s have a look at them. To your opinion what’s the advantage of making consumer debits?

For myself I have difficulties to find only 1 positive reason. Ok, you are right, a car, dishwasher or laundry might be necessary, still here we can think about the model and consequently the amount of the borrowed money. Generally spoken consumer debts are destructive, demotivating and often require a lot of energy.

You may now ask you why? Fine – as always you have two possibilities: Or you are working on a long term solution or on a short term false solution. Fact is that when you are working on a short term false solution you will loose of sight your long term goal.

Your long term goal means financial wealth. When you are already today borrowing money to get this special feeling of being rich, you will loose your motivation. Money is a countable size and when you count your assets and they are less than zero, than inevitably you will ask yourself: “For what I am working?” Contemporaneously you deprive yourself your inner motivation as you already gave the reward to yourself today. A third aspect, not to underestimate, is that you may already have an idea of the low value of debits. So, you are working against your own inner voice which means that your self esteem will diminish and consequently your motivation.

Normally you take a great part of your motivation from your expectations. The expectation that your financial situation will change in the future. This improvement you will only achieve when you are working on your long term strategy to establish yourself as an expert in your field. When you have private debits it will be difficult for you to concentrate on the realization of your strategies as you always need to find a solution for your short term problems.

You need to handle with nervous bankers, think about how to resolve the present financial problem and so on….

So, let’s have a look on how to cut debits.

Dreams are a wonderful allusion to what you would make happy. Dream with open or closed eyes of what you can do in case you have enough time and money. You will be surprised how many of your dreams need money. May be you know it already.

Do you have Goals?

So, out of these dreams you now have to define your goals. Specifying your goals means to take a decision. As long as you will not make a commitment to yourself or obligate yourself, everything remains just a dream. Therefore, to set up your goals, it is important to ask yourself what you want to be, what you want to do and what you want to have.

What are your values?

Now we are arrived at a very important point: Your dreams and goals have to coincide with your values. Here you need to ask yourself: What do I really want? What is really important for me? In an upcoming article you will discover your very personal attitude to money. A positive aspect is, that your values are not a fixed size, but a variety of possibilities. Mostly they are formed by parents, friends, acquaintances or whatever came/comes up in your environment.
Today you have the choice. It is up to your free decision to choose your own values. As values are revocable you can always redefine them. Sometimes they might be even contradictory. Do you remember: “Who is working the whole day long doesn’t have time to earn.” As for example on the one side you want to be rich, enjoy your life and on the other hand you believe that you have to work very, very hard. You easily recognize that these different ways of thinking will not bring you forward. Therefore it is important to adjust your values to your goals. Once you have made your decision what values are important to you, what values will be your guideline, you will have the control over your life.

Continue in developing your strategy…