iLearningGlobal – A Brief Review of The Company and Products

iLearningGlobal is an online network marketing company that offers a business opportunity marketing their web-based digital education content. The company concept is to deliver high-quality, digitally delivered content using various media platforms, including:

• Audio
• Video
• Ebooks
• Webcasts
• And blogs

The company claims to be able to offer high-definition video content via the internet using their “iLG Signature Video Theater”, free of load times and buffering. The content of the educational programs iLearningGlobal delivers centers around a few central themes:

• Motivation
• Personal Development
• Self-help
• Business and Management Topics
• Marketing and Advertising
• Multi-Level Marketing and Network Marketing

iLearningGlobal As A Business Opportunity

iLearningGlobal offers a business opportunity and compensation plan that is quite similar to that offered in other network marketing companies such as Amway, Melaleuca, and Herbalife. The compensation plan is based around the purchase of a monthly access membership to the educational content provided on the company website. Distributors, known as “Mastermind Marketers”, make money by recruiting others to join the company in order to have access to the same educational content and services.

The iLearningGlobal compensation plan pays from 3% to 7% commissions seven levels deep, so long as the distributor meets the business volume qualifications for payment at each particular level. The entire payment plan is based around the “monthly autoship” premise, which is no different from similar plans being offered by more traditional companies that sell skincare or nutritional products.

iLearningGlobal Pros and Cons

There are some definite positives regarding the iLearningGlobal opportunity.

iLearningGlobal Business Opportunity Pros

1. iLearningGlobal Is A Completely Digital Company. As such, all products are delivered with a minimal amount of overhead, which allows the company to pay out more in its compensation plan to its distributors. In addition, since there is no physical product to deliver, the only distribution concerns the company will have are with regards to signal bandwidth on their website servers. Companies such as YouTube and Google have clearly demonstrated that delivering millions of video views per day online is possible with today’s high-speed internet technology and servers. So, this should not be an issue for the company.

2. iLearningGlobal Sells An “In Demand” Product, in the sense that self-help, business, and motivation topics have been and will continue to be popular products in the consumer market.

3. iLearningGlobal Is Offering Quality Content From “Name” Authors and Speakers. Some notable names in their lineup include Brian Tracy, Mark Victor Hansen, and John Gray, just to name a few.

Cons and Drawbacks to the iLearningGlobal Business Opportunity

4. iLearningGlobal’s Content Delivery is Based On Streaming Content. While in the long-term, streaming content will be readily accessible using mobile broadband technology, it remains to be seen how quickly that technology will be widely available to the masses. Currently, with high cost of mobile broadband devices and access, such technologies remain out of reach and impractical for the average consumer. This in turn limits access to the content iLearningGlobal provides to the user’s home or office computer.

It is a fact that in today’s busy world, most consumers prefer to take their entertainment with them, listening to MP3s in their car or while working out. It is doubtful that iLearningGlobal will offer downloads of their content to their users, since allowing downloadable content would cut into the retail sales their authors and contributors rely on for the majority of their income. Thus, this limits the access users will have to their content, which could result in high attrition and poor retention. With retention being a necessity for autoship based compensation plans, it could make it difficult for distributors to build strong and solid downlines in their organizations.

5. iLearningGlobal Requires You To Build A Large Downline To Make A Significant Income. In order to make any sort of significant income with iLearningGlobal, a distributor would have to build an organization of many first level distributors, who then in turn build their organizations many levels deep.

Past history with companies such as Amway and Herbalife has proven that this is possible, but not probable, for the average distributor. Generally speaking, it takes many years to build such an organization, if the distributor is in fact ever able to do so.

The Truth About iLearningGlobal

While iLearningGlobal does look to become a player in the network marketing industry, it still follows an outdated business model that makes success extremely unlikely for the average distributor. Considering the fact that there are much better alternatives, such as the G.P.T. model, it would be advisable for all but the most experienced and skilled network marketers to steer clear of this opportunity.

If you’d like more information on what I believe to be a solid alternative to the traditional network marketing model – one that the average person can do well at – feel free to contact me using the contact information below.

About the Author:

The Network Marketing Maverick helps average networkers build above average incomes through savvy business training and advice that flies in the face of conventional industry wisdom.

Want to know more? Fill out the response form on the home page for a FREE 7-Day Crash Course on how to succeed in networking, the Maverick Way.

Success Solutions for Network Marketers:

• Strategy
• Marketing
• Training

Are you exploring Primerica career opportunities, but you aren’t sure if it’s all it’s cracked up to be? If you’re looking for answers regarding the pros and cons of the company, you’ll want to read this article to explore the truth about Primerica.

The Truth About Primerica

For starters, Primerica is owned by Citigroup, which is is fact one of the largest banking and financial institutions in the world. However, it’s a well-known fact that Citigroup has been in financial straits, and recently reported an $8.29 billion fourth quarter loss in 2008. Obviously, this brings into question the solvency and solidity of Citigroup, as well as questions of potential career upheaval and job losses in the near future for Citigroup employees.

Primerica Career Opportunities

Well, the good news is that when you go to work for Primerica, you really aren’t working as an employee of the company, but instead as an independent representative. Here’s a direct quote from the Primerica website:

“Primerica representatives are independent contractors, not employees of Primerica or its parent company Citigroup.”

That’s not necessarily a bad thing; if you’re interested in the Primerica career opportunity because you want to be your own boss and work your own hours, this is a definite plus.

However, there is a certain amount of risk involved, as the current instability in Citigroup could have unforeseen repercussions on it’s Primerica division in the coming months and years. There’s really no guarantee that things won’t change drastically as Citigroup regroups and restructures due to the recent government scrutinizing of the company’s management and direction.

What You’ll Be Doing In Your Career With Primerica

Primerica is a financial services company, and sells financial services products. Here’s another direct quote from the Primerica business opportunity website:

“The Primerica business opportunity involves the sale of term life insurance and other financial services products such as mutual funds, variable annuities and debt consolidation loans.”

Essentially, you’ll start off at Primerica studying for your insurance license, which is considered to be the “easiest” license to get in the financial careers sector. However, as a Texas-state licensed health and life insurance agent, I can tell you that the licensing in most states is no cakewalk. You are going to have to study your tail off, and there’s no guarantee you’ll pass your exams.

And there lies one of the challenges inherent to careers with Primerica… while you’re studying for your licensing exams, you are not going to be making money. And, the licensing process can take months, even for the entry-level insurance exams, and they’re not nearly as daunting as the stock broker exams that you’ll eventually need to take. And, in order to sell the loan products, you’ll also have to take and pass the licensing exams for those products as well.

For some, this isn’t an issue. But for many people who are approached by a Primerica recruiter regarding careers with the company, this is something that they don’t really think about before investing their time and effort with the organization.

Making money is the main reason people look into careers with Primerica. But the fact is, having your income limited for months and even years in some cases (as some people will need to take the stock broker licensing exams more than once before they pass) does not represent the rapid path to financial freedom most people are looking for when they first begin assessing the company.

An Alternative to Primerica

I’m assuming you started looking at Primerica career opportunities because you are attracted to a career in sales – one where you have the potential for a lucrative income, the opportunity to earn residual income, and the ability to be your own boss.

That’s the same reason I looked into working as a Primerica representative. However, I found an alternative to Primerica that offers a similar earning potential, without the need for licensing or lengthy periods of having zero income coming in while you study for exams.

If you’d like to explore the same opportunity I’ve chosen, I encourage you to contact me to find out more about our unique business and to hear the numerous success stories from our many satisfied representatives.

About the Author:

The Network Marketing Maverick helps average networkers build above average incomes through savvy business training and advice that flies in the face of conventional industry wisdom.

Want to know more? Fill out the response form on the home page for a FREE 7-Day Crash Course on how to succeed in networking, the Maverick Way.

Sincerely,

Success Solutions for Network Marketers:

• Strategy
• Marketing
• Training