5Linx MLM Review – Hopeful or Hopeless?

by Mark Gubuan on March 8, 2010

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5Linx

The One Stop Shop for All Your Telecommunication Needs

5Linx an MLM Company that Stands Alone

5Linx is VoIP (Voice over Internet Protocol) company. In layman’s terms, you can call people using your internet line instead of a phone line.

The telecommunications industry has grown to over $400 billion and 5Linx has capitalized on this as evidenced by being recognized as one of Inc. magazine’s 500 fastest growing companies.

It is safe to say that 5Linx is definitely not a scam.

Leadership at 5Linx

Craig Jerabeck is the founder and CEO of 5Linx and his work experience consists of also founding a telecommunications company called @Wireless Enterprises which grew to 78 stores.

5Linx Co-Founders

5Linx Co-Founders

Which is pretty modest considering how large 5Linx claims to be at this point. Just check out the Inc. Magazine profile on them.

Craig Jerabeck remains fairly anonymous when you search for him on the internet. This can be a good thing or a bad thing. Being a company that depends on the internet itself, you would expect the CEO to do a better job of creating a web presence online. It doesn’t take much to hire a good PR team to own the first 10 spots on Google for your name.

It’s a good thing that they have independent reps promoting the company because the 5Linx website does not do a very good job at really selling the success of each leader.

If I didn’t have contact with one of the top earners, in the company I would have said 5Linx doesn’t have a chance. But the fact, is that this company is doing well and has grown 831% since 2005.

5Linx Products and Services

5LINX Enterprises offers a variety of wireless phones, wireless plans, a multitude of accessories, satellite television services, VoIP, and broadband Internet services to both residential and business customers.

Since I’m not a customer of 5Linx, I cannot really say whether or not the service is good or great. I can say that there are not a lot of MLM based companies that offer telecommunication related services or products.

What I can say is that they have very high profile business partners in order to offer these services and products . This does tell me that their products and services have to be affordable. You can find out more about their products here.

Cash Register

Will 5Linx Pay the Bills?

5Linx Compensation Plan – Can you Make Money?

Well, “You can’t Get Fired”

It is your basic unilevel compensation plan. As an Independent Marketing Representative (IMR), you can earn a $1,000 bonus for recruiting 3 qualified IMR’s who generate 20 customer points.

Customer points are defined as individual services. So I might by a phone, a wireless plan and security system. Which is more than just one point.

This fast start bonus is great because you’ve got to invest $499 to be a MLM’er. On the other hand, if you join for $99, you are literally just a sales rep.

You can also earn various leadership bonuses for the progression of your team and monthly profit sharing bonus pools.

The best part about the 5Linx compensation plan is when you reach the highest rank of Platinum Vice President. You’ll get a Bentley car payment, annual vacation, stock options, expense account and a percentage of the company’s TOTAL production ($45.7M in 2008).

So how much do you make? Well 5Linx pays out $4 from every $29.95/month customer. You only get a percentage of that. This percentage is based on your ranking. The reality here is that first and foremost, the service/product needs to be sold. Period.

Second, the money is made in the duplication. You’ll only really start making some cash if you recruit, train and duplicate your success. There was nothing worth noting regarding training and support that you haven’t already seen.

They offer a 5Linx University, replicated websites, corporate meetings and of course materials to walk the walk.

Why I Didn’t Join 5Linx

It’s not because of the product or service, it’s not because of the leadership, it’s not because I didn’t find a good sponsor and it’s not because of the compensation plan and not the MLM business itself. This is a PHENOMENAL opportunity, but it’s just not for me. Just take a look at some of their leaders.

The 5Linx Opportunity website promotes a $200/month residual income.  At least they’re keepin’ it real. On average network marketers sponsor 2.5 people TOTAL.

So $200 a month still means that you’d have to sell a lot of services to get to $200 in residual, if you’re getting only .16 cents on the dollar per subscription. How long is that going to take to get to a six figure income?

Well I didn’t join because I have a full cycle marketing system that allows me to make money from prospects even if they never join my business. I know that I can make far more than $200 month with my marketing efforts AND sponsor people on autopilot.

Make no mistake here, if you’re thinking about 5Linx or if you’re already in 5Linx, you’re going to need to market yourself AND the company. I spoke with a SVP of the company and he generates 1,000’s of leads a month and makes a multiple 5 figure monthly income.

What did that take? He’s a master marketer in the offline network marketing world. In order for you to achieve the same results, you need to learn how to become a master at marketing, recruiting and training. You need a COMPLETE system will duplicate the results FOR YOU.

If you want 5Linx success you need to sponsor 2-3 reps a day. You’ll need to embrace the power of online mlm marketing strategies and use the leverage of technology to drive unlimited traffic to your company replicated website.

To be successful in MLM you need to give AT LEAST 10 presentations a day. How many are you currently doing? You need at least 25 leads a day to get this done. How many leads did you get today?

Get complementary access to the Ultimate Lead System that will shave years off of your learning curve. You’re about unlock 5Linx secrets that will put you ahead of the competition. Click on the membership card to gain INSTANT ACCESS.

Yours Truly,


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{ 13 comments… read them below or add one }

Nestor Raduenz March 9, 2010 at 8:44 am

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Mark Gubuan March 9, 2010 at 12:09 pm

Did you? That’s awesome. How the heck did this come up in a music search though?

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Ellie Gant March 22, 2010 at 10:28 pm

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Lead Generation March 23, 2010 at 6:25 am

Nice post and I think its safe to say that no matter what industry you are in, success or failure mainly depends on the quantity and quality of your leads. Everyone reading this should see the movie Glengarry Glen Ross, and if you’ve already seen it then watch it again! A.B.C Always Be Closing!

Mark Gubuan March 23, 2010 at 3:08 pm

Hi Ellie,

Thanks for gracing my blog with your presence. I feel honored. You know I’ve been reading your posts for inspiration.

Mark

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Mark Gubuan March 31, 2010 at 9:15 pm

That’s nuts.

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