subject: 5Linx Review - How To Break Into a $400B Industry With 5Linx [print this page] 5Linx Review - How To Break Into a $400B Industry With 5Linx
A Brief Look at 5Linx
5Linx was founded by three men, Jeb Tyler, Craig Jerabeck, and Jason Guck. It aims to provide communications services and business solutions to companies both large and small, and to individuals as well.
The company has been listed in Inc. 500's list of fastest growing companies for four consecutive years. This growth has been in large part to their VoIP services that are world-class in quality.
5Linx operates in 20 countries, and products are sold only through the distribution channels of independent representatives. The types of products offered range from cell phones, to TV services, to the company's VoIP services.
Much like other MLM's, including ACN, the business thrives on providing other businesses with services necessary to conduct a day's business. Imagine not being able to use the internet, or your cell phone while trying to interact with customers? It's just impossible.
How Do the Services Work?
So how exactly does 5Linx provide these services? Mostly, they partner with larger phone companies (such as AT&T or Verizon, or Dish satellite) and act as an intermediary between the customer and the actual service. In other cases, they have branded services as their own, like the GlobaLinx VoIP service.
They offer a slew of other service offerings as well: home security, satellite TV, high speed internet, family share mobile plans, and even energy solutions, although that's only available in 4 states so far.
It appears that many are making good money with their 5Linx home businesses. They offer a compensation plan similar to many other MLM's, with commissions based on downlines and profits from personal sales as well. For those familiar with ACN, this is a similar opportunity.
The industry generates $400 billion dollars per year. How can you take your cut?
Finding Success with 5Linx
One big problem with 5Linx is their assurance that reps can make money by tapping into their warm markets. They tell new reps that, just by signing up and investing a little money in the products, success can be achieved. All you have to do is sell to your friends and family, and all the riches in the world will be yours.
Well, this just isn't true. MLM companies tap into this notion that we all have friends and family who love us and would want to see us succeed. We start thinking that they'll help us out, and we can all start making money.
But the truth is that it takes much more than selling to friends and family to achieve the kind of success most people dream about. It requires learning how to tap cold markets - people you don't know yet - to generate thousands of reps in your downline.
Right now, thousands of reps may sound impossible. But by learning the right business techniques, anyone can figure out how to tap into the right markets, understand consumer psychology, and grow your business. It requires hard work and time spent perfecting techniques, but it's completely possible. And with a potentially lucrative opportunity like 5Linx, now's the time to start.
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