From the Desktop of Stephanie Robey, Internet Entrepreneur
Why Read This 5Linx Review?
I am NOT a distributor or an employee of this company. I have an MBA and have spent many years learning things the hard way that eventually led me to be an expert in this industry. I have over 2 decades entrepreneurial experience in various businesses, primarily start-ups and am writing this so you can make your own decision about 5Linx as a business opportunity.
5Linx provides technology through a traditional Network Marketing business model. I see a huge opportunity for distributors in this company and will tell you exactly why at the end of this review.
Any business start-up will require your money and your time. Lots of both. MLMs are unique in that the startup costs are considerably less than say, a franchise, or a start-up. Never the less, you’ll need a mindset for success and the ability to really focus and get things done on your own.
The company has a sensible management team and a great compensation plan. I believe there are opportunities here to make a decent income if you understand how to market this company utilizing new technologies and marketing systems.
Read below for specific details.
Review of Pros & Cons
No glaring complaints jumped out in regards to the company. There were several distributors online that had switched to other companies with similar product lines but all were professionally handled with no “word slinging”.
Looking online at the FTC (Federal Trade Commission) site revealed no outstanding complaints, either. The Better Business Bureau (BBB) in Rochester, NY, showed dozens of complaints, all resolved. No government action or ad infringements currently existed against the company.
Years In Business
According to the BBB, the company has been in business since January, 2001. It’s always good to go with a company that has been established for a few years because statistics show most businesses will fail in their first 12 months.
5Linx Review: Management
The Company has a well-rounded team that encompasses each area of the business: cellular sales, product development and direct marketing. Sales expertise is always helpful and this team has it. Companies lacking sales aren’t in business for long. The sales criteria is met with this company.
Craig Jerabeck, CEO and President has been with the company since 2001. With a background in cellular sales at the retail level and plenty of management experience, Mr. Jerabeck is an excellent choice for this entrepreneurial venture.
Jeb Tyler, Executive Vice President – Marketing, holds a degree in Business Administration focused on Marketing but the corporate website says very little about his experience elsewhere. Mr. Jerabeck’s experience probably compliments Jeb’s.
Jason Guck, Exec VP of Sales, has experience in the direct marketing industry, critical for the distribution method the team has chosen. Mr. Guck has had years of success building sales orgainzations.
5Linx Review: Financial Stability
At the time of this writing, the company is privately held and listed on INC 500 as one of the fastest growing companies in the country. Not a bad sign. Growth has been over 800% in a 3 year period.
5Linx Review: Products
Wireless Phones and Accessories, Internet and Long Distance Services plus High Speed Internet and Satelliet TV make up the company’s product line. VoIP calling plans comprise the most popular of their services. I found no complaints about the quality of their products or services.
5Linx Review: Competition
This market has a lot of competition with familiar brand names which could make it difficult to convince people to switch. However, positioned properly with the ability to identify prospects, this could be a lucrative opportunity. Today, everyone uses phone services.
5Linx Review: Compensation Plan
This is a traditional MLM direct marketing model. You can earn money when you sign on new distributors to work the business as well as a residual income when customers pay their monthly bill for services. There’s also a monthly profit sharing bonus pool.
Plus, the top producers also get a leased BMW and benefits similar to traditional corporate executives like vacation time, health care and others bonuses. The top level also receives a car upgrade to a Bentley and more profit sharing.
Opportunities start at $99 (limited) and increase to $499.
5Linx Review: Leadership
The biggest disappointment about the business is that they are still using the old-school methods of marketing: the 3 foot rule, home and hotel meetings, personally contacting people. Interesting, considering they are selling such a high tech product.
Remember, you need a lot of people looking at your opportunity daily, in order to reach the goal of one new sign-up per day. Take a look at the top producers. Interview them and sit in on one of their trainings. How do they market and train their team? Look for a “blueprint”, or a “system” that will get you started step-by-step.
See Training below.
5Linx Review: Training
Marketing materials, group trainings conferences and calls are provided at both the local and national level. This is pretty typical of MLM companies. They pitch the “old school” style of marketing and it’s the #1 reason people fail: chasing prospects and attempting to convince them that they want your offering. This is a difficult way to work the market and strange considering the products they sell.
On the Internet, you’ll be able to get between fify and 200 leads, daily.That’s actually, several hundred people per day, looking at your opportunity. Physically talking to that many people is tough and that is the beauty of the Internet where they come to you. People will actually flock to YOU.
Massive Income Awaits 5Linx Distributors
Leverage the Internet. The big questions – where is it people shop when they purchase electronics? ONLINE. This is a great business, expecially when the products are sold via Attraction Marketing and the Internet. The distributor who uses the Internet for their business will dominate the market in a matter of months and that’s exactly why I put together this website.
Home and hotel meetings
Burning out your friends and family
Instead, powerful online sales funnels:
People help themselves to the information on your website
They buy online from you, any time day or night.
I’ve done it for my business and many, many others. I can teach you the same exact things that I did.