Linx is a home based business in the telecommunications industry. 5Linx was first introduced to the mlm industry in the year of 2001.
In this article I am going to go over: What is 5Linx? Is 5Linx a good business opportunity? Should you join 5Linx?
1) What is 5Linx? 5Linx has definitely withstood the test of time considering that it is an eight year old company. 5Linx does not have to worry about going through the trial and error that is associated with so many mlm businesses that go out of business in the first two years.
5Linx has several products built with VOIP technology. Your telecommunications needs will definitely be satisfied with 5Linx products. Whether you are looking for digital home phone services, wireless phones and accessories, satellite television, or Broadband Internet Service, 5Linx has it.
2) Is 5Linx A Good Home Based Business Opportunity? Although 5Linx has withstood the test of time and the initial trial period all businesses go through is over, I personally would not get involve in 5Linx.
Now if you are already involve in 5Linx, build your business. There is no need of getting out of 5Linx because it is definitely not a scam.
3)Why I Will Not Jump On The 5Linx Bandwagon? Now, don’t get me wrong 5Linx is not a scam and there is nothing wrong with the business model itself. However I would never join a mlm business whose products are based on the technology industry.
First and Foremost, technology based products are great for traditional style businesses, but are not good for the network marketing community due to the high price marks in the market. You could offer the latest and greatest telephone where you can talk to people all over the globe, but another more advance product can come along and push your product out of the market.
Most people have this perceive notion to get their telecommunication products from well known companies such as AT&T. It is almost impossible to convince your family and friends to switch over to your mlm.
Second, I’ve never seen technology based products succeed long term in the MLM industry. They are competing with some heavy hitter mainstream companies that literary can wipe them out of business. This exact same scenario happened to Excel Communications. The gross margin associated with long distance telephone services drop during 1999 and 2003 due to numerous competitors. Excel Communications filed for bankruptcy November 1, 2004.
If you are in 5Linx or deciding to join the 5Linx business, there are some key facts you must understand. The success of your mlm business lies solely upon you. Whether your mlm lives or dies depends on how much work in effort you put into your business.
There is a 95% failure rate in the Network Marketing Industry, period because 95% of network marketers do not know how to market.
If you want to make more money than you are spending with the 5Linx opportunity or any other mlm, you must master how to attract endless prospects to you. The only way this has been down is through Attraction Marketing.