Today we have the 5Linx Compensation Plan. I will give you the facts and only the facts then, you decide if 5Linx is the MLM company you want to join. These fields combined are worth billions of dollars a year so I felt it well worth my time having a deeper look. Please read my income disclaimer before going any further! It enables you to market gas and electric and earn commissions on energy customers.
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Prior to Wireless, Mr. Jerabeck founded Cellular Unlimited Corp. Cellular Unlimited was the largest independent retailer of cellular phones in the Upstate NY region in the — period. Jerabeck sold Cellular Unlimited in to a national wireless retailer.
Note that there are no retail prices provided for any of the products and services listed on the 5Linx website. The 5Linx compensation plan is not readily provided to the general public. To access it, one must conduct a Google search. Although not explicitly clarified in the compensation plan, I believe self-consumption qualifies an affiliate for commissions.
Note that the following time-sensitive rank bonuses are paid out if an affiliate qualifies at one of the three following ranks within the specified time periods:.
The commission paid out is a percentage of the Commissionable Volume CV amount assigned to the product or service being paid for. How much of a percentage an affiliate earns is tied to their 5Linx affiliate membership rank, with percentage amounts at any given rank appearing to be unique to each product and service offered. Residual single-level commissions are paid out for the life of the subscription.
A unilevel compensation plan places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them level 1 :. If any level 2 affiliates recruit new affiliates, they are placed on level 2 and so on and so forth down a theoretical infinite number of levels. Note that per subscription fee charged, commissions are only paid out at each rank level once.
The system then looks further up the upline to pay out the remaining percentages. Any affiliates ranked lower than Senior Vice-President are skipped, as all their percentages have been paid out to the Senior Vice-President ranked upline already. Generational Residual commissions are a second type of residual commission, paid out via rank generations.
Starting at the National Director rank, when a 5Linx affiliate makes a sale an affiliate of equal rank is searched for in their upline. At the Senior Vice-President and Platinum Senior Vice-President ranks, the system continues to search higher for a 2nd generation ranked affiliate to pay another generation residual commission out to. Note that an ongoing qualification requirement of adding 2 new customers each month also applies.
If the affiliate who recruited an affiliate commission-qualifies themselves within 30 days is at a rank lower than that of National Director, a reduced commission is paid out to the first National Director or higher ranked affiliate in the upline:. A generational bonus is also available on Rank Achievement Bonuses paid out, offering up to two generations of payments at the Senior Vice-President rank:.
There are three Revenue Bonus Pools in 5Linx. Each pool corresponds to an affiliate membership rank Executive Director, National Director and Senior Vice-President , with the funds in each pool paid out to the top ten sales generators for that month:.
At the end of each month, the Platinum Bonus Pool is divided among all commission-qualified Platinum Senior Vice-President ranked affiliates. These are billed as optional, however they provide basic affiliate functions a replicated website, backoffice support etc.
The affiliations the company maintains are not exclusive and competition from any one of the niches 5Linx offers products and services through is steep.
Product and service points can be generated by an affiliate themselves purchasing services. They recruit others who do the same, with that appearing to be the core of the 5Linx business opportunity.
Your greatest assets are your relationships and contacts. Your social connections through family, friends, co-workers and social media. Open your phone contact list and look at the first five names. And thinking of these people, ask yourself if they would be interested in saving money in areas of home energy, mobile services, maybe home security or possibly looking for better health. In that sense, it is the 5Linx business opportunity that is likely to prove far more attractive from a marketing standpoint.
It took me a good few reads and a bit of head scratching to get my head around it. And I had to look at no less than four seperate documents to put the compensation plan section of this review together none of which were linked or provided on the public 5Linx website. How much they can explain might be a good indication of just how well they know their business and the likelihood of them signing you up to a few services and then moving onto the next potential recruit.
Lets arbitrarily say 30, reps do this:. Basically, one needs thousands of people paying for their services on a consistent monthly basis in order for one to earn a decent to comfortable living income. Much of it is factual.
However there were some glaring inaccuracies in the conclusions you drew. By the way, if you would like a comp plan, point breakdown, etc. What initially prompted me join 5LINX is the fact we market essential products and services people use every day. Contrary to the above, many of our third party providers are indeed much lower in cost, versus going retail. Persons can also bring their phone over. I would also like to refute the notion that we profit solely based on internal consumption.
In fact, while you correctly pointed out the existence of our commercial divison, you neglect to cite how lucrative this can be and the fact that unless we have brick and mortar businesses, it is nearly impossible to be our own customer. The largest part of my personal portfolio is commercial energy plus personal customer points —something that can be quite lucrative.
I invite anyone to check out this company make up their own minds. To me, it seemed practical, lucrative and down right smart. Why is this crucial information withheld from the general public? In fact, while you correctly pointed out the existence of our commercial divison, you neglect to cite how lucrative this can be.
Honestly, just listening to your explanation echoes the comments I made about everything in 5Linx being so complicatedly convoluted. What is your ratio of non-affiliate customer points versus recruited affiliate downline generated points each month? Also what is your own personal point generation on produts and services you personally purchase month on month? Sorry, but your prepaid rates are horribly uncompetitive. I have seen shady marketing, like saying home security systems are on sale on their website, but its always that price through the normal company who they sell the service through.
Also, these companies are promoting tax write off for business expenses. Without telling the people you can only write off a percent of the expense. Firstly, the initial article has a ton of misinformation. So do the comments. If you want a breakdown of the policies and compensation plan then you would want to contact rep services at the corporate office and ask for the contact of a rep in your area.
They are obligated to give you all policies and compensation plan information as far as Customer acquisition bonuses, bountys, upfront bonuses, commercial and residential residual compensation, team bonuses, openline bonuses, position bonuses, quickstart bonuses, promotional bonuses etc… ALL BEFORE YOU ENROLL or spend a single dollar signing up. People fail in this business by cutting corners and trying to cheat the system to earn bonuses.
Ricardo is an ND of ours and is giving factual information in his comment. Other than that.. Also, there are no advertised prices for products because the services and rates vary by region everywhere. If you want a breakdown of the policies and compensation plan then you would want to contact rep services at the corporate office. Good luck with that. Any MLM opportunity where you have to contact someone just to get basic information comp plan is a red flag.
How is pointing this out total crap again? All the people I know are encourage by their SVP to buy 5linx stuff to help qualify. Training is not new every month, its not like their paying for new training monthly. They pay for that too. People shop at Target and spend more than they would shopping at Walmart.
Because they like Target. People purchase cable bundles and spend more than if they purchased the services separately. People buy Girl Scout cookies from girl scouts even though you can buy the same cookie made by Keebler at the grocery store.
Because they are supporting the Girl Scouts. Because they are supporting me. Can they get that discount somewhere else? My hairdresser processes her credit cards through our services. We got her a great deal. Could she get it somewhere else? But I support her business, so she supports mine. She is more expensive than the stylist down the street, but I like my stylist. Can I explain our compensation plan?
Could I explain my compensation when I was working in Corporate America? No raise for 5 years, but my CEO owned 3 homes and cars worth enough money that could feed small nation. You will continue to live, save money elsewhere, and complain on blogs about other people making money. Thank you 5LINX. Happy 5linxer : People shop at Target and spend more than they would shopping at Walmart. Target actually carries a lot of different brands than walmart, unlike 5linx offering other people services for same price calling it a savings.
Please show us where You can discount the cable prices from these major services providers. You cant anyone can get the same price going directly through them. By signing up with you they lose out on the free gift cards or tablets those companies sometimes give away. Its replicated thousands of times for free to them.
Fact — purchasing the additional 4 points is not cheap, usually the individual has to purchase a combination of two of the following:.
5LINX Compensation Plan vs Empower Network Compensation Plan
Prior to Wireless, Mr. Jerabeck founded Cellular Unlimited Corp. Cellular Unlimited was the largest independent retailer of cellular phones in the Upstate NY region in the — period. Jerabeck sold Cellular Unlimited in to a national wireless retailer. Note that there are no retail prices provided for any of the products and services listed on the 5Linx website. The 5Linx compensation plan is not readily provided to the general public. To access it, one must conduct a Google search.
5LINX founders accused of fraud say contract did not prohibit them from taking millions
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5linx Compensation Plan
As the trial looms for the three men accused of looting the 5LINX Enterprises company for millions, their lawyers are preparing what they say is a solid defense: There was nothing contractually that prohibited the men from taking the money. But their lawyers claim that contracts between the investors and the three men allowed — or at least did not disallow — the very self-enriching steps that federal authorities say were illegal. Instead, he said, nothing contractually blocked the three from establishing the income-gathering accounts. Attorney Craig Gestring wrote in court papers filed this month. Federal prosecutors declined to comment for this story.
Fueling Growth at 5LINX
Those are just the beginnings of an impressive checklist that has created an equally impressive inventory of accolades. For example, Inc. In addition, in its hometown of Rochester, N. Jerabeck had an extensive entrepreneurial background, including starting two previous companies that sold retail wireless and wireless phone store franchises. Tyler and Guck each represented a network marketing company that sold long-distance services. Instead, Jerabeck asked if Tyler could sell cellular products.