If you’re reading this, chances are you’re looking into The Legends Network. Maybe you’re thinking about joining. Maybe you’re just looking for some information. Regardless of why you’re here, I want to encourage you to take a few minutes to read this entire Legends Network Review. I’ll go into all the essential details like who the leadership is, the products and the compensation plan. I’ll also cover whether or not The Legends Network is a solid opportunity and what it takes to succeed. Before proceeding, I do want to disclose that I’m not a Legends Network distributor so you can be sure that you’ll be getting a truly unbiased perspective.
Legends Network Review – Who Is The Legends Network?
The Legends Network is a company that sells Travel Memberships that give members access to and discounts on resorts, cruises, hotels, car rentals and vacation tours. They use a Network Marketing model as their main way to promote their product. The Virginia-based company is less than 1 year old, so it’s very young and new. Sure, getting involved with a young company is risky since most MLM companies don’t make it past their first 5 years without going out-of-business. But, it can also be very lucrative since you have “first movers advantage” and you’re sharing something new that no one else is doing yet.
With all that being said, if you’re serious about joining The Legends Network, it’s important to look into the company leadership. You want to feel confident that there are competent people in place to support your business and the company’s growth. The actual founder of the company is Bob Bremner, who is also the CEO. Bremner brings an enormous amount of experience to the company, having been involved in Direct Sales since 1984. He’s been a successful distributor having built teams into the hundreds of thousands of reps. He’s also started companies, and still serves as the CEO for another Network Marketing company he started called NXR Plus. In January 2014 he started The Legends Network along with Val Smyth and Jerry Gonzalez. From the looks of it, Val Smyth has been around the block and has more than 30 years of sales experience. This is all good if you’re looking to build a Legends Network business because you need experienced leadership calling the shots.
Legends Network Review – How Do You Make Money With The Legends Network?
To get started in The Legends Network, you have to pay an upfront $134.95, and then pay a monthly subscription of $54.95 for the Pro Membership or $24.99 for the Basic Membership. There’s actually quite a few ways that the compensation plan pays out so for the sake of simplicity I’ll just outline the ways that stick out the most to me.
First, the company has a 2X15 Forced Matrix, which allows you to potentially get spillover from reps above you. Of course, there’s no guarantee that you’ll get spillover so you can increase your chances by trying to secure a spot as soon as you can. Aside from getting spillover, you can also provide spillover to people below you if you’re a good recruiter. To get paid on the Matrix, you have to personally sponsor at least 2 people who are active. And a perfectly filled 2X15 Matrix pays more than $60,000 a month. You can also qualify for more than 1 position in the Matrix. In fact, when I looked at the company leadership standings, I saw some people with 4 or 5 spots, and one person with 20 spots under his name. On top of that, you also pick up 100% Match on all your personal referrals, including your additional spots in the Matrix. There’s also a 2-up Fast Start Bonus payout where you can potentially earn $50-$80 for every person you sponsor, and $30 for every person who joins your groups and falls in your code. Last but not least, there are one-time Rank Bonuses you can qualify for ranging from $150 for hitting Regional, all the way up to $500,000 for hitting Summit Director and filling out your 2X15 Matrix. The first person who hits Summit Director will get $1,000,000 Leadership Bonus. It certainly looks like the company is willing to put money on the table for leaders who are willing to produce.
Legends Network Review – Is The Legends Network A Solid Opportunity?
The short answer is YES. There seems to be some good people at the helm, and Travel is a very marketable product. There’s also a lucrative compensation plan in place, and since the company is less than a year old you’ll definitely have “first movers advantage”. All good things that should mean that you’ll see success, right? Wrong. While all of that is good, you’re overall success will depend on your ability to successfully sponsor new people consistently. If you can’t sponsor a significant amount of people (because most people will quit within 6 months), you’ll have little to no chance of success. This is why I suggest that you learn how to market online and generate targeted leads, which are key components of Attraction Marketing. If you can position yourself in front of people who are already looking for what you’re offering, you’ll have no trouble sponsoring people into your Legends Network team and building a serious home business for yourself.
Legends Network Review – Need More Legends Network Reps?
I wrote this Legends Network Review for people looking into the company. Sadly, most Legends Network reps will never see the success they desire because they lack the marketing skills to generate 20-50 leads a day. To learn how you can generate more leads than you can get to, visit My Online MLM Training Website.