Fortune High Tech Marketing is a traditional Network Advertising Company that began in 2001 out of Kentucky, USA. I've chosen to review this company for several reasons. What struck me about FHTM is what sets it apart from typical MLM's. I was also impressed with its Company leadership. It has also risen to the top featured as 1 of most successful MLM Businesses within the last couple of years while showing continued potential for solid growth.
The 5 essential questions we should ask when reviewing any MLM Company are
o Company credibility: such as how lengthy it has been around, is it debt free and what is the Company Vision and Focus.
FHTM Company credibility: FHTM was began for the reps in this industry by a rep, Paul Orberson. Paul worked as a rep for Excel making the most millions of dollars in 20 consecutive months than any other rep within the history of the network marketing industry. He came out of retirement to answer his higher calling in life, to produce a marketing company with his son that gave representatives the opportunity to create the most cash possible in this industry.
At head office, all FHTM all staff are Independent Representatives. Like a family members, they are the exact same individuals who began with the Company 9 years ago. The Company is 100% debt free. It has no overhead or inventory. 98% of the cash that comes via the Company goes back out to the reps. It is internationally based.
After becoming given a ¼ opportunity of surviving cancer, Paul Orberson felt his time was not up. He began True Essentials, the 1 well being and wellness Company FHTM offers. He utilized these distinctive organic products in his recovery program to cure himself of his terminal condition. He is a little bit religious in his talks but always very focused on helping his representative's with their lengthy term success.
The Company has been featured in top company magazines and by top financial leaders and mentors as not just becoming legitimate but as a truly distinctive opportunity for anyone motivated to succeed at a home-based company within the Network Advertising Business.
o Leadership and Training Provided: What is the high quality of leadership and training provided, if any?
FHTM's Leadership and Training: Some nicely known top earners in Network Advertising are leaders in this Company. Paul Orberson clearly states that he desires to be judged by how numerous millionaires the Company makes and it is clearly making a lot of them.
Professional guidance and leadership is guaranteed correct from the start. The Company clearly operates having a clear sense of integrity when helping new home-business owners get began. Along with their training manuals, they reveal their policies and procedures right away to prevent legal and financial troubles. Their back office is set up to make sure all new reps meet their team, and receive the expert ongoing training, tools and resources to succeed as representatives.
Every new rep is given their Executive Managers name and phone number, in addition to their National Managers get in touch with and training info. For 20/month they can purchase their own Fortune Tv station with up to 22 channels on all their events, products, interviews and testimonials, training, in addition to a weekly live message from Paul Orberson.
You will find numerous methods to show the Fortune presentation as soon as the rep is prepared including on-line, webinars, teleconferences, local meetings and presentations on DVD's. A new representative will have plenty of team support and methods to start recruiting prospects properly from the word go.
o Items and Services: Can the services and products stand on their own amongst the highly competitive and saturated marketplace in today's Direct Selling Business.
FHTM's Items and Services: FHTM's smorgasbord of important services and products are what makes this Company distinctive. They offer options from services individuals use everyday and pay for each and every month from home. FHTM offers a buffet loaded with well-liked entertainment businesses, natural organic beauty and well being products, nicely established communications businesses and basic important services we all know and are loyal customers with.
In this case FHTM has passed the essential two year mark showing its products and services are distinctive and fit within the ever changing trends and will withstand changing consumer demands.
Basically, when individuals pay their bills via FHTM, to the exact same providers they already use, everyone wins! Switching over is free even though there is sometimes a 1 time a start up price to get onto a service via FHTM's program.
The nice part about this idea is that most everyone uses these services. Regardless of what your ethnic background or age, or irregardless of your previous experience or skills, this is a performance based company that anyone motivated and willing to work hard at can succeed in.
o Compensation Plan: You will find four basic compensation plans in network marketing. Understanding how the compensation plan works is very essential. This is how you're paid for your work.
FHTM Compensations Plan: FHTM believes they have the best Compensation Plan within the industry. FHTM basically uses the Forced Matrix plan.
This requires new representatives, now Managers to get 3 customer points in addition to sponsor 3 new managers, creating their first team of 12. Here they pay off their start up price and establish their first team.
Once promoted to Regional manager, next the rep should gather 10 individual customer points and personally sponsor 3 much more managers. Where the real cash begins is within the Regional Manager stream.
The amazing part is that 10 customer points is all they'll ever need.
The second promotion would be to Executive Sales Manager. The fourth stream of income is earned as a National Sales manager and 5th and last is the Presidential Pool.
You will find loads of incentives and bonuses at each and every turn including a free Lexus automobile program as Executive Manager. Whilst the commissions are very high with every new rank, the residual income based on bill payments every month grows as one's team grows, paying up to 20% back to the rep every time a bill in their down line is paid. This is the other kind of income a rep can generate via this plan.
It has been said that Paul Orberson, with his generous Compensation Plan including large commissions and limitless residual incomes has changed the face of the industry forever.
o Cost to start: There are many inexpensive MLM home-businesses 1 can invest in. For under $500.00 you can generally start right away having a back office and turn key system in place, in addition to expert training. Some argue this is cheaper than other 5 digit company investments or franchises individuals frequently feel they have to invest in order to make good cash.
FHTM price to start: Within the USA start up price is $299.99. In Canada it is $399.00. There is a $199.00 renewable company fee (first year included within the start up price) that is required annually from the date of acceptance. You also receive a very nice FHTM briefcase loaded with training DVD's, a training manual, products info along with other forms and info included within the start up price.
Additionally there is an office Assistant service for $20/month to run one's company. Office Assistance provides a individual URL total having a expert company presentation, item and service info, and registration forms. You will find also training links and all the administration is given there; Commission statements, downline and organization reports, an email messaging system and much much more. FHTM's Back Office offers a turn key system that any home-business owner can run with efficiency. There is a ten day cash back guarantee for anyone wanting to quit.
All in all, Fortune High Tech Advertising is growing in size and popularity each and every year. It is worth researching as a viable home-based company opportunity. The magic of FHTM is in it's smorgasbord of Important Service Providers and Item Businesses. Clearly they prefer utilizing word of mouth or network marketing via FHTM's reps to reach individuals. This way they save millions of dollars of advertising.
FHTM is created to help any help any mature responsible adult save cash effortlessly, via an independent home-business model. Their managers gather a few loyal customers who are already paying for these services from home every month, discovering friends and family members to do the exact same. In all there are five several streams of income to build. Many reps have turn out to be millionaires in this company inside a 3-5 year time frame.
Sunday, June 26, 2011
Business Review Of Fortune High Tech Marketing
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FHTM,
Fortune Hi Tech Marketing
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