The Coronavirus also known as COVID-19 has and continues to sweep and effected the whole world in a variety of ways. This global pandemic has caused businesses to close, schools to be suspended, restaurants to rethink their business strategy, and has left grocery stores across the world understocked. It has especially been difficult on citizens as there have been thousands of deaths and millions effected. Mandatory and self-quarantine’s have been put in place to limit the
A year ago, I wrote an article called, Get GDP or Get Fined 20 Million Euros, where I warned about the European Union targeting companies.
Aristotle once said that, "the whole is greater than the sum of its parts." While you may not be up on BC era philosophy, this is a valuable lesson for business owners and entrepreneurs alike. A team working together in harmony can accomplish much more than a bunch of individuals doing their own thing. If you run a business with employees, outside agents, or individual distributors, getting them to work together is one of the most critical
How is implementing the right MLM software program, feature or function like making a delicious pizza? Learn the software secret sauce formula.
What is a Mentor?Everyone needs good mentors along life’s journey. Their guidance can make all the different between success and failure. A mentor is someone that is a wise and trusted adviser that has traveled the journey that you are navigating. The mentor can be young or old but has certain areas of expertise that will foster learning and development of the mentee.Value of a Good MentorThroughout my life, I’ve been blessed to have associated with some
If you’ve ever wanted to change your network marketing or MLM compensation plan, you’ll quickly realize that doing so is a cautious exercise that involves part art and part science. Change it too often or too drastically and you could run the risk of losing your whole company. Refusing to change when change is needed can also put you at risk.There are a million ways for your business to die in the network marketing space but those
Not all merchant account providers are “friendly” MLM businesses using a direct sales or multi-level marketing approach to grow the business. Companies that are classified as “multi-level marketing” or “MLM” typically represent a higher risk from a legal standpoint -, potential charge-backs and unpredictable growth trends, which to many merchant account providers, are red flags that may prompt an immediate shutdown of the business’s merchant account.So, what's the difference between “unfriendly” & “friendly” merchant account providers?An “unfriendly”
You may often hear many MLM and Party Plan companies touting they have the highest payouts or the best compensation for their distributors. So what is a compensation plan? What are the aspects you should look for in a compensation plan?A compensation plan is a set of rules that determines how distributors (often called reps, independent business owners, or team members) earn commissions, overrides, bonuses, and other compensation.The two most popular types of compensation plans in the
Over the last 20 years, I have owned no less than 5 businesses. If there was one insight I could leave with you as a business owner, it is this - don’t ever go it alone on calculation, paying and filing your taxes. Getting behind on or missing payroll tax deadlines is probably the most perilous event you can face. The next most important thing to do, is to properly file and then pay your sales tax.
Make More. Accomplish More. Be Happier and Healthier. All by Improving Your Emotional Intelligence