Today we have the 5Linx Compensation Plan.
I’m not a 5Linx Rep so don’t expect the usual its the greatest company ever bullshit from me.
You won’t hear any scam crap either.
I will give you the facts and only the facts then, you decide if 5Linx is the MLM company you want to join.
If you don’t then I have an alternative business model for you to look at HERE!
5Linx – The Company
The company was started by Jeb Tyler, Craig Jerabeck and Jason Guck back in 2001.
5Linx sells many products within the Telecommunications, Energy, Tech Support, Personal Security and Security Systems fields.
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!
5Linx – Principles
The founders said that they set out to build the company on the following principles…
Starting your 5Linx Business
You can start at two different positions, one allows you to earn bonuses and residual income immediately and the other doesn’t.
It doesn’t take two guesses as to which one you should choose.
• Personal Starter Kit and Marketing Web Site
• Live Phone, Email Support and access to 5LINX ® University
• Residual Income Potential
• Ability to earn Customer and Promotional Bonuses
• Ability to build a Team and Earn Overrides
• Complete Marketing and Training Kit
• Personal “24-hour virtual toll booth” website
• Live phone support as well as access to 5LINX University
You can signup as a CR first then get 20 customer points and become a IMR that way or you can pay the remainder $150(within your first 30 days of signing up).
For a $50 monthly fee, you have the Platinum Services.
•Access to all management reports and Personal Web page Hosting
•Free Vanguard company magazine
•Unlimited Access to 5LINX® Conferencing and 5LINX® TV
•Annual Renewal Fee Waived
•3 Customer Points
5Linx Energy Certification is an additional $45. It enables you to market gas and electric and earn commissions on energy customers.
You are paying the company to be able to sell and profit from the products. Nice one 5Linx!
* As I stated above, I’m not a 5Linx Rep so you will be assigned a sponsor on completion of the signup page.
Ok, you have signed up now what?
How to get qualified
You will need to become a Trainer(T) to be qualified to earn income, you need a minimum of 4 active customer points(each of the products have a point value).
One of your 4 customers must be on the GLOBALINX service.
So you persuade Granny because she loves you, dad and two friends to buy a product each and you get qualified. YAY!
5Linx – 6 Ways to earn income
1. Monthly Residuals & Overrides
2. Weekly Customer Acquisition Bonuses
3. Customer Bonus Pool
4. Revenue Pool
5. SVP Incentive Bonuses
6. Platinum Pool
You want to access all 6 income streams so get to the higher positions as quick as possible.
The next position after Trainer(T) is an Executive Trainer(ET).
To become an ET, you have to acquire 10 Customer Points(CPs) and 2 directly sponsored IMRs.
Now this is where your online marketing skills come in to get more customers as you probably don’t have any more friends and family to pester.
Oh, you haven’t got a personal blog or online marketing skills?
Luckily for you, this where I can help you, click Here so I can hook you up.
Below you can see the other positions and their requirements in the 5Linx Compensation Plan.
• 15CPs and 3 IMRs + 2 ETs
• 20CPs and 4 IMRs + 3 EDs
**Senior Vice President(SVP)
• 25CPs and 5 IMRs + 3 NDs + 2,000 Residual CPs in ND Organization
Platinum Senior Vice President(PSVP)
• 25CPs and 6 IMRs + 4 NDs + 2 SVPs + 15,000 Residual CPs in SVP, SVP1 and SVP2 Organizations
Double Platinum Senior Vice President(DPSVP)
• 25CPs and 6 IMRs + 2 NDs + 4 SVPs + 30,000 Residual CPs in SVP, SVP1 and SVP2 Organizations
Diamond Senior Vice President(DSVP)
• 25CPs and 8 IMRs + 2 NDs + 3 SVPs + 3 PSVPs + 75,000 Residual CPs in PSVP and PSVP1 Organizations + 5 lines with 10,000 CPs
If I joined as a Rep, I would be aiming to become a SVP minimum.
For all the positions up to PSVP, you will have to complete the relevant 5Linx University Prep Modules.
** There are Bronze, Silver and Gold SVP positions which require additional Residual CPs in SVP organizations.
SVPs and above receive company benefits.
5Linx has many products in the Home, Wellness and business sector.
5Linx – Summary
Something to bear in mind is that 5Linx isn’t an online friendly business so they will expect you to market the products offline.
From time to time you will have to purchase Rep Agreement forms which do levy a shipping fee.
Some of you will want to read the 5Linx Comp Plan PDF Here.
Read the advanced Comp Plan Here.
The 5Linx Compensation Plan is very complex and the CPs requirements are very high.
The products that the company sell would have to be much cheaper and better quality for people to switch providers and based on the info I have seen while preparing this review unfortunately this isn’t the case.
For this reason, it will be very difficult to get to the higher positions and make a big income(2012 average Rep income was $450 a year!).
Based on my findings, I highly recommend that you give this company a miss. I suggest finding another vehicle for your business which will give you more time at home and you won’t need to pester family/friends and can be fully automated so works around the clock like this one.
Thanks for reading, I hope that you now have enough information to decide on your next step. Yes/No?
Are you a 5Linx Rep?
Leave me a comment it will be great to hear from you.
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