FTHM Scam Business Review – Is Fortune Hi-Tech Marketing a Scam Or Legit Business Opportunity?

With the massive success of the online marketing industry, there are always companies out there that will spark new curiosity and trepidation when a person is searching for the right opportunity to invest with.  One of these many companies includes a company by the name of Fortune Hi-Tech Marketing, a company that many people have heard may be a scam.  But is Fortune Hi-Tech Marketing really a scam?  Here is my FTHM scam business review:

Company:

Fortune Hi-Tech Marketing is a multi-level marketing company that was founded by Paul Orberson.  After years of success and enjoying a few years of retirement, Orberson decided to come back to the business world and create his own network marketing company to give people the opportunity to achieve the same level of financial success that he already had.

Products:

The FTHM product line includes weight management, health and beauty, internet services, satellite tv, long distance phone services and wireless phones and phone plans.

Business and Compensation:

It costs $299 to sign up and get started with the Fortune Hi-Tech Marketing company.  As with any other network marketing company, a person must recruit new people into the company and their personal downline in order to make money and have success.  Members are paid a commission of 2-20% on the volume that comes through their downline or team.  The downside of the FTHM compensation plan is that they use what is called a “stair-step break-away compensation plan”, which means that once a team member in their downline reaches a particular level, they “break away” from their sponsor and become their direct competition.

FTHM Scam Conclusion:

While Fortune Hi-Tech Marketing does not appear to be a scam, it does have a business structure that will be difficult for the majority of people to achieve long-term and significant success.  But if you don’t mind spending the majority of your time recruiting new members and would enjoy the challenge of literally creating your own direct competition than maybe this business is for you.  From my observations, the amount of work involved and recruiting that is required in this particular business for generating a significant income is much beyond what many other opportunities require, so for many people it would be advisable to continue their research for a more automated and duplicatable online business system with professional and extensive training that will provide the road map for attaining tangible, permanent success and financial freedom!

Leadership Team Development Business Review – Are They Legit?

There is a lot of buzz on the internet about whether or not the Leadership Team Development (LTD) business is a scam. In order to figure this out, let’s first gain some insight into what exactly LTD is.

LTD was originally known as Winters Marketing, named after its founder, Larry Winters. Larry is an Independent Business Owner (IBO) in the Amway Global opportunity, who was originally part of the Britt World Wide (BWW) team. Sponsored by Crown Paul Miller, Larry has achieved great success within Amway, having reached the level of Double Diamond in August 2007. Larry and his top leaders formed LTD as a way to provide training and support for the IBO’s on their teams. Amway offers training specific to particular products within the Amway business line for IBOs, but organizations like LTD provide more in depth knowledge, motivational messages and training.

LTD is made up of the 12 diamond businesses that are actually a part of Larry’s Amway business team, as well as 11 additional Diamond businesses that are Amway affiliated, but not part of Larry’s Amway business. PDP’s are not mandatory, and a business team is not required to affiliate their business with any PDP, including that of their upline.

The LTD team provides training to IBO’s in these organizations through several means: books, CD’s, DVD’s, weekly and quarterly training seminars, and special events. In particular, the LTD team puts focus on teaching the Quality Invite (QI) marketing system for building their business, which is used to interview potential prospects, as well as promote attendance at their weekly education seminars throughout the country.

The answer to the question “Is the LTD business a scam” is a resounding no. The LTD business team provides an educational backbone that has resulted in proven success for LTD/Amway Global businesses. They offer training materials and events at a reasonable price, and the information provided typically is of good quality.

Where LTD has a deficiency is in the adoption and teaching of marketing strategies other than the QI to its affiliated members. Members are discouraged from learning techniques and strategies for building a successful network marketing business other than those being taught by their upline. At this time, they have deployed a web presence, but their efforts to drive traffic to their sites through online marketing strategies has been limited.

Typically, an LTD upline teaches their downline to build a list of names of everyone they know, through some type of memory jogger, the names and numbers in their cell phone, their friends on Facebook, etc… This list is where their initial QI prospects come from. Once they have gone through this list, the IBO is then encouraged to talk with everyone they meet as a potential QI candidate-the barista at Starbuck’s, the mailman, the janitor at work, anyone who gets within three feet of the business owner. All 23 of the LTD Diamonds have achieved that level using this technique. However, this is an approach that the larger portion of the population will struggle to execute, due primarily to differing personality types.