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Archive for August, 2010

MLM Software and MLM Best Practices

Tuesday, August 31st, 2010

MLM Software. In all my years around it, I’m convinced that it’s a love/hate relationship.

I’m also convinced that the decision must begin by knowing what you want from your MLM software as well as the technology support team behind it.  And the best way to know what you want is to define your requirements before you choose which software solution is right for you.  Consider these points:

  • MLM software programmers are smarter than most people I know.  But don’t forget that they are programmers, and many do not have the real-life experience that comes from running a company.  They’re analysts, generally speaking.  And doggone smart.  They’re the guys and girls who tell the computers what to do.
  • If you don’t know what you want from your operation, the software you select will tell you what you want.  Then, as you learn more about your business and MLM best practices, you’ll find that there are better ways to do things, and you will want to refine.  Those refinements will cost substantial sums, many of which can be avoided by knowing what you want before you jump in.
  • The smart people who program MLM software understand their applications, and many are as creative as can be.  But it’s not fair to expect that they will know which settings or custom programming will be right for you.  So, if you ask them for advice, keep in mind that they’ll tell you either (a) what they’ve only been exposed to, or (b) what their software does, and (often for good reason) they will assume that what they have created is the best way to do things.  Naturally, these will become your practices.  Whether or not they are MLM best practices is a different question.
  • In the pool of smart MLM software smart people are the REALLY smart people.  These are the rare analysts and consultants who have the uncommon experience from the front-lines of business as well as a keen understanding of how their software is designed.  These ranks include people such as David Siembieda at Thatcher Technology Group, Mark Rawlins at InfoTrax Software, Chris Yadon at NetSteps (Congratulations on 2010 Inc. 500), Solomon McCluster at IDSTC Software, and Tim Transtrum (my younger brother) who has worked with some good and some real bad applications.  At the risk of leaving out some great resources, the point is that as you go about selecting which MLM software will serve your needs, get real close to the REALLY smart people.
  • MLM Best Practices become the key to setting up your business rules and making MLM software decisions to support the work flow and fulfillment of those rules.  For help in streamlining the selection and decisions surrounding your business rules, we now offer the new Business Rules and Best Practices Manual.  Created for the big companies, this MLM Best Practices system is ideal for MLM startups, especially for guiding the establishment of the business rules.

MLM Best Practices. Sooner or later, the demands of fast growth will force you toward best practices.

MLM Best Practices, when reflected in your business rules and key decisions, become the surest way to succeed in starting and running a successful MLM company.  There are no shortcuts, but if you’re willing to do the work and pay the price at the beginning, you’ll reap the rewards of a bountiful harvest.  Selecting MLM software can be haphazard and subject to luck of the draw, or it can be a clearly defined, stepped-out process, based on the right practices, tested and proven in the trenches.

For help with these topics, give us a call.  Call or email and see if we really answer!

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Turn Your Ideas into Riches with the Best MLM Consultant

Friday, August 27th, 2010

This may sound like a pitch for LaunchSmart.  That’s because it is.  If a vote were taken, who would be voted the Best MLM Consulting Firm?

MLM Software

For decades, we’ve provided MLM Software guidance as an objective MLM consulting team.  Since we do not accept commissions for referrals, our advice comes right from the heart and head, not from the pocketbook.  Whether the needs are Downline Software, MLM Party Plan Software, Self-Replicating Websites, Website Replication Software, Replicating Website Software, or network Marketing Software, we know the players who do a good job.  Party plan and downline software can be the difference between explosive growth and fast death.  Choose wisely.

MLM Legal

Co-founder Terrel Transtrum is a licensed attorney and is highly networked with MLM Attorneys, MLM Legal Teams, and MLM Law firms specializing in the intricacies of MLM legal issues, regulations, and the ever-changing tides of legislatures and courts.  With the proper law firm consulting, you not only sleep better but you also save aggravation and money when fast growth sets in because you are handling legal matters correctly from the start.

MLM Consulting

For over two decades, we have provided comprehensive MLM Consulting, and as insiders in the direct selling profession, we understand not only MLM Legal issues, but we care about the MLM Community.  We have learned that it’s true, “a rising tide lifts all ships.”  Our long-standing membership in the Direct Selling Association (DSA), and recent recognition of the 2009 DSA Partnership Award by co-founder and MLM Consultant Terrel Transtrum and ServiceQuest, are indicators of our stability and commitment to excellence in MLM Distributor Service and MLM Best Practices.

We provide relevant solutions, business rules, and best practices for MLM Software, Comp Plan Design, MLM Marketing Systems, MLM Business Plans, MLM Merchant Accounts, MLM consulting and legal review.  Our growing archive of articles and posts is intended to provide the best MLM resources for startups at no cost.  We know how difficult it can be to raise capital for starting and running a successful MLM business.  That’s why we’ve devoted our careers and resources to helping.  We succeed when you succeed.

MLM Compensation Plan Design

There are only a few differences between good MLM companies and the best MLM companies.  One will always be found in the MLM compensation plan.  Properly designed on a bedrock understanding of behaviors, specific company culture, product mix, and market response, a good comp plan can make all the difference.

For a free consult, contact us.  We’re fast to respond because success will not wait for you.

The Best MLM and Direct Selling Conferences and Seminars

Wednesday, August 25th, 2010

Over the years, we have been privileged to participate in hundreds of conferences, seminars, workshops, and conventions.  The best MLM conferences share three things in common.

1.  The presenters genuinely deliver value.

As MLM consultants we advise our clients what to watch for and what to expect from an MLM startup conference:

  • Expect “meat” on the “bones,” not just “bones.”  For example, if a presenter asserts that there are numerous legal pitfalls to avoid, expect the issues to be listed and top-level solutions offered.
  • Think in terms of actionable information.  Principles and concepts are important, and so are pragmatic, actionable steps that you can take home and implement right away.  Especially for MLM startups, we recommend a “good, better, best” approach as they move to action on each item of their launch checklist.
  • Take responsibility.  When all is said and done, you’re the one who is responsible to get the learning and then go apply it.

2.  The MLM seminars are not veiled sales and marketing conferences.

Justice Potter Stewart of the United States Supreme Court is famous for his expression that hard-core pornography is hard to define, but “I know it when I see it.”  The same standard holds for those who spend money on registrations, travel, and accommodations to attend an MLM conference but get hustled to buy goods and services.  They just know the good presenters from the tacky hustlers when they see it.

3.  The outcome of your attendance is a much clearer understanding of what you must do, and how you can do it.

If you get nothing more from an MLM startup seminar, be sure to learn everything you didn’t know that you should know.  In the end, it comes down to your level of trust and confidence in the individual presenters and the overall feel of the startup conference.

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