| Bob Sherman Credit |
FamilyIQ Home Business Review: Is It The Right Storm Of Opportunity?
The kick off of the Direct Sales arm of FamilyIQ. Subsequently, and the impending hype that is bound to come, I wanted to write this FamilyIQ Review. This way you will have all the goods to decide if it's the right business for you.
We are at a time in our economy where the Multi-level marketing business model just doesn't work for most people anymore (I accept that sentiment even though I do work MLM as a secondary business to build additional income). People need money NOW to pay out their bills and get through these difficult times. It's not good sufficient anymore to build a business part-time and have to wait 1-5 years before you can begin earning a 5-figure monthly income.
Who Is Family IQ?
FamilyIQ, based in California, was founded a decade ago by Mark Hobbins and provides state-of-the-art family skill building tools to treatment programs and therapists who wanted to improve family relationships. Over the last decade, FamilyIQ has provided its content, tools and technology available to not only the medical community, but also to large employers and wellness programs who likewise are dedicated to reinforcing families. They've also been featured in People Magazine, CNN, in addition to the Dr. Phil show.
Today, in an effort to reach the general public, FamilyIQ has changed its model to a direct-to-consumer business model. All of the current business that comes to FamilyIQ (now counting over 50,000 visitors) will now be referred to FamilyIQ home based business owners.
The FamilyIQ Compensation Plan
Can you Make money with FamilyIQ? This is what manages to set FamilyIQ apart from their competition in the Top-Tier, Big-Ticket direct sales industry. Nearly all direct sales companies use a 1-Up compensation model. That means that your first sale goes to your sponsor. The 1-Up model worked well in better economic days when it was easier to sell $3000 business opportunities.
The cost to join FamilyIQ is a well-priced $1495 with $495 going to the company and $1000 to to the sponsor. This means that you make $1000 right away in your first sale! So, how is teamwork fostered with this comp plan? Because they are providing their distributors with a leveraged override 9 levels deep. While the amount of override varies from $50 down to $24 and may seem small, those of you who have been around awhile know that this passive income can really add up.
Summary
The FamilyIQ Business appears to be a legitimate home business opportunity not be a fraud. It's a well respected company offering the unique product where there's already proven to be a demand. Sure, the start up cost will be out of reach for some but it's lower than most of it's business rivals and provides a very attractive comp plan that will attract many top marketers. One of them already onboard is Rod Stinson. He wrote the compensation plan and helps everyone sell with a Professionally designed Marketing System in addition to providing training and twice a week webinars that will help "close" prospects. Since I am a believer that people aren't duplicate but system are, I think that starting out with a system in place will help more people make money that would be typical.
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