500K Success Team # 1 Ranked Wealth Creation Team

Items of Importance You Need To Consider When Selecting a Company:

1.) Select a company that has a product which is widely used and desired (while we recommend several companies you can choose from, you should conduct your own research). Our sister company, Monitium has already partnered with several great companies.

2.) Verify via a Google Search that the company is in good standing with all Attorney General's Offices throughout the country. To accomplish this simply place the company name (Example: "xyz corp attorney general"), in the Google Search box and search.

3.) The third item of importance is ensuring that your future business partners are “the real deal”, which means that they’ve already built successful distributorships, with six or seven figure yearly incomes. Only then can you be sure that you’re aligning yourself with a winning team. If you're mentored by a strong team and top industry earner, your chances of succeeding will be 90% higher!

4.) You Must Find a Mentor...someone you can trust. Someone who has a solid system in place and who already has the results you are looking for. This has to be someone who is willing to listen to your needs and actually cares about your success. Most Important - They must also have a financial incentive in your success. Make sure they get paid EVERY TIME you do, this way you’ll know that they have a vested interest in helping you become successful over the long run. If they don't, you won't be receiving long-term support.

5.) The company should meet the general business model MLM critera established by Dr. Charles King, who's the most recognized authorities on our industry in the world today. Dr. Charles King has been quoted as an Direct Sales expert in the Wall Street Journal and numerous other national publications. Dr. King authored "The New Professionals and co-authored the "Brilliant Compensation video" with Tim Sales and Wave 3 with Richard Poe.

IF YOU'RE READY TO CHANGE YOUR FUTURE, then make the decision to join our team and align yourself with top earners in the network marketing industry. Mentorship from a top earner will offer you the greatest opportunity for success. We also think it's fair that you know a little bit about the Founder of the 500K Success Team and why Ken Eggleston is passionate about helping others.

Ken first entered the MLM industry while attending law school and retired at age 39 from law enforcement after reaching the rank of Colonel in the 10th largest sheriff’s office in the country. After 9-11 Ken formed the Terrorism Task Force for PBC, oversaw the handling our country's first Anthrax attack and ran a budget of $350,000,000 with nearly 6,000 employees. In short, Ken had all the headaches associated with running a mega size corporation. Ken's average work week was 70 plus hours and he struggled to spend any quality time with his family. Ken's long work weeks became a major concern after his 2 year old son Sean sufferred a severe reaction to his 4th DPT childhood vacination. Sean was later diagnosed with Autism and required increasing attention as he grew older!

Sean's diagnosis made Ken realize that he needed to focus on what was most important, his family. Ken entered the MLM industry in the mid 90's with a plan to get back home! Ken's been featured in numerous MLM magazines and has also had the honor of acting as a corporate trainer and consultant for several network marketing companies'. The experience derived from building multi-million dollar network marketing distributorships over a 15 year span and from being a consultant / corporate trainer, have given Ken keen insight into what a company must have in terms of: 1.) Product 2.) Timing in the Market Place Driven by Current Trends 3.) Compensation Plan Payout / Design. Drawing upon his extensive industry experience, it was clear to Ken that the next BIG MONEY making company's in the MLM industry would be products like, skincare, "Green" household products and travel. Why? Because everyone is watching their spending habits and Because Baby Boomers are now retiring at the rate of 10,000 per day and will continue to do so for the next 17 years! This group represents the single largest retirement segment to ever enter the market place and the # 1 and # 2 thing Baby Boomers want to do is.... Stay Young Looking and TRAVEL!. The Boomers are going to battle wrinkles and travel no matter what! A SMALL HINT MIGHT BE THAT "20" (THAT'S RIGHT), 20 NEW CRUISE SHIPS SET SAIL DURING THE NEXT 3 YEARS!!!

*The income example (performance bonus) shown of Ken & Jackie Eggleston on this webpage is not commonly attained within the network marketing industry; therefore, we are in no way guaranteeing that you will receive or reach similar income levels. This picture is only being used as an example of the success that Ken & Jackie Eggleston have been fortunate enough to enjoy within several of their network marketing companies. Hard Work & Dedication = Success in our industry!

Except for public domain material and electronic messages, all materials on 500ksuccessteam.com are protected by Federal copyright laws. Materials contained in any part of 500ksuccessteam.com may not be reproduced, copied, edited, published, transmitted or uploaded in any way without the written permission of the 500K Success Team, Inc. Except as expressly stated in the Limited License provision in these Terms of Use, 500K Success Team, Inc. does not grant any express or implied right to you under any of their trademarks, service marks, copyrights or other proprietary information.

This $140,000 check, represents a 4 month production bonus for the # 1 growth distributorship. This is just an example of the type of financial reward you can receive in this industry. With hard work, proper training and a strong team, the sky's the limit!

Welcome to the 500K Success Team website, we appreciate your visit. The goal of this website is to provide you with background information on who we are. The 500K Success Team grew to over 22,000 members strong from 2005 to 2010 and represented multiple interests in the MLM industry. You located our team page for a reason and you're now in a unique position to profoundly change your financial future. Invest a few minutes to look over the remainder of this page, especially the bottom which has a detailed overview of what you need to know about different network marketing company compensation plans.

In early 2009 500K Success Team Founder Ken Eggleston, decided to take the teams' game to the next level and began work on what has now become the hottest game changer to ever hit the MLM industry. This "game changer" launched in early 2011 and now represents a global opportunity that every professional network marketer is getting involved in, check it out: http://monitium.com

OK, let's get down to business... Have you ever been so busy working you didn’t have time to make money or really live? That's the unfortunate dilemma people find themselves in these days, and too often they fail to take the action necessary to change their finacial future. A Chinese proverb says, “If you always do what you’ve always done, you’ll always get what you’ve always gotten.” Someone also once said, “Insanity is doing the same thing over and over again but expecting different results!” These statements are a reminder that if we neglect to do something different now, another 10 or 20 years of hard work will slip by in the blink of an eye without ever allowing you to step off the 9 to 5 employee treadmill. This is the same as choosing to commit "financial suicide"! I decided to change the direction of my financial future... And that's why I entered this industry and later created the 500K Success Team. What has happened since then is much more than a message of financial hope; it is a story of financial miracles. Miracles can occur in your life... You can live your dreams! All that's required is a decision on your part to take action and for you to realize that Either You Will Build Your Own Dreams, or Someone Will Hire You (as an employee), To Build Theirs!

Ken & U.S. Senator Joe Lieberman

Ken & Naval Commander

Ken & President Bill Clinton - Miami, Fl.

Ken & Dolf de Roos

Rated as Top 5 Wealth Creation Expert

Name

Choosing to join the "Right Team" will be the most important decision you will ever make in your career. Fill out the below contact form if you're ready to join one of the hottest growth teams' in the Direct Sales industry today!

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Ken Eggleston

Colonel (Ret.) PBSO

Founder, 500K Success Team

Million Dollar Industry Earner

Founder of Monitium

Compensation Plan Expert

How did you find the 500k website?

BECOMING SUCCESSFUL DOESN'T HAPPEN BY ACCIDENT!

93% of The Wealthy OWN THEIR OWN BUSINESS!

Are You Building Your Dream, OR Your Bosses?

Network Marketing Compensation Plans

What You Need To Know & Why Choosing The Right Compensation

Plan Is Critically Important To Your Success!

IF YOU’VE BEEN RESEARCHING DIFFERENT COMPANIES', YOU’RE PROBABLY FEELING A LITTLE CONFUSED RIGHT NOW. YOU’VE ALSO NO DOUBT NOTICED THAT EACH COMPANY HAS A DIFFERENT COMPENSATION PLAN, WHICH THEY ALL CLAIM IS THE BEST IN THE INDUSTRY. SO, YOU'RE LEFT TRYING TO FIGURE OUT WHAT MAKES ONE COMPENSATION PLAN BETTER THAN ANOTHER.......

This is a very common concern / question, especially if you’re looking at this industry for the first time. Don’t feel bad though, most individuals involved in our industry only understand about 50% of the compensation plan of the company they’re with, let alone the compensation plans of their competition or other MLM companies' in general.

While a company’s product is clearly important, it’s the compensation plan that will actually tell you more about its long-term viability, as well as, offering you a clear picture of the intensions of the owners / executive officers. A quality management team, whose pursuit is to build a solid long-term company, will design a compensation plan so that both novices and experienced MLM professionals can succeed in their business.

You need to understand right now, that executive management teams and the owners of Network Marketing / MLM companies' design compensation plans to do one of two things:

1.)They design it to strongly favor the owners and the reps get a weak, compensation plan.

2.)They establish a partnership with the distributors/reps, creating a win/win scenario.

PUBLIC vs. PRIVATELY OWNED, WHICH IS BETTER & WHY?

Inherent to public MLM companies' is the fiduciary responsibility to financially reward the share holders first (The owners are of course large share holders), so in these cases the independent distributors are not paid as well as they would be in the vast majority of privately held companies'. Two examples of companies' in the fields of nutrition and travel that have lower paying comp plans because they're design to be inherently owner / shareholder leaning on profits would be: Pre-Paid Legal, Herbalife, USANA & YTB. All reputable MLM companies, but their compensation plans are not very lucrative for their average distributors. So, the objective in selecting desirable network marketing companies, is to discover opportunities that offer a product you can get excited about sharing with friends / family. Also, the company needs to have a minimum of a 50/50 split, of the gross revenue between the owners and the independent distributors. If the company says that it has a 50/50 split ratio, check to make sure their statements are accurate.

LOOK FOR COMPENSATION PLANS WITH LIMITED BREAKAGE

MLM compensation plans are most often stated in terms of "levels of pay", having to do with organizational structure, or layers of distributor positions under you in the network of members. One key element to examine is the term "Breakage". Some MLM / Network Marketing companies' trying to be slick, will use wording such as "you can earn up to 75% on your overall volume", while in reality this doesn't take into account the computation process of breakage. Simply stated, breakage results in generating extra revenue for the company and puts less in your pocket. It is recommended that you seek companies with limited breakage compensation plans.

LOOK FOR NUMEROUS INCOME STREAMS WITHIN THE COMPENSATION PLAN

•What’s The Bonus for selling the standard enrollment product package relative to its cost?

•What Type of Fast Start Bonus program does the pay plan have?

•Does the Pay Plan have a Strong Front End (new sales) & Backend (residual), monthly reorders?

•If You’re a Builder, or Plan on Becoming One, Make Sure The Company Offers “Life Style” Monthly Bonuses (House, Vehicle, Travel, Medical, etc...), For Upper Leadership. This is a Very Important Item Since it Can Be As High As $3,000 to $6,000 a Month, which will be between $30,000 to $60,000 a Year in Additional Income on Top of The Normal Compensation Plan formulas. Every Good Company Will Have This in Place!

•How Strong is The Residual Income or Back End of The Pay Plan? The Back End of Any Compensation Plan is The Most Critical if You’re Truly Interested In Attaining long-term Financial Freedom. Don’t Get Distracted by Quick Front End Cash, Commonly Referred To as “Flash Money” in The MLM Industry. These Plans Rarely Allow The Average Person To Every Achieve Financial Freedom Through True Residuals. Instead They Leave The Rep on a Perpetual Hamster Wheel Always Having To Personally Sponsor New Reps to Make The Bonuses. If the Compensation Plan is Heavily Front End Loaded With a Weak Back End, You'll Never be Able to Take Your Foot off the Gas Pedal, Since You're Check Will Start Getting Smaller the Minute You Do!

The Most Common MLM Compensation Plans

Generally the pay plan type (design), describes the structure or design of the desired network of member participants. Each compensation plan has its inherent benefits and short comings, so let's run through a quick overview of the main compensation plans utilized by MLM company's.

BINARY - Watch This Video Before Proceeding Any Further: ( CLICK HERE )

This plan has been voted as the top compensation plan (easiest to build, quickest payout), design throughout the industry over the last 9 years by MLM INSIDER & NETWORK MARKETING LIFESTYLES MAGAZINES. Many of today's largest and quickest growing MLM companies utilize the Binary. The Binary plan generally pays out considerably more to the average distributor than most of the other models we'll discuss (the hottest comp plans in the industry are now combining Binary & Unilevels).

A Binary Design That Rocks, will only require that you build 2 teams / legs and there won't be a "weekly" or even "monthly" flush of volume points. Working to balance your 2 legs should be your only significant challenge in building a Binary for maximum earnings potential. One of the major advantages of a true infinity Binary, is the potential to receive “spillover” enrollments generated by your upline on your shared or common leg. Make sure there’s also a strong backend component to support long-term residuals and that the pay plan is not just front end money based only on the recruitment of new reps using large product order enrollments, otherwise known as "front-loading" within the MLM industry. Front-loading is used 99.9% of the time by nutritional MLM companies that promote high initial orders to secure higher discount pricing.

If the Binary plan has a solid front end (weekly cycles based on new product sales by your team), as well as, a solid back end (supported by loyal customers monthly re-orders), it’s likely to offer you the greatest earning potential of any compensation plan within the MLM / Network Marketing industry.

BINARY PAYOUT CAPS & REMOVAL OF VOLUME (What You Need To Look For)!

Make sure the Binary compensation plan has a weekly payout cap of no less that 50%, and no more than 70%, combined with a banking system. Product sales volume / points should not be removed (flushed) weekly or every month, but instead at the 180 day (6 month) to 270 day (9 month), threshold. A pay out cap of 50% to 70% and 6 to 9 months retention of volume from the day it is generated is more than enough to ensure a huge pay out to you, if you choose to work the business. These pay plan items will ensure the long-term financial health of the company. If you find a Binary setup like this, that also has a product which costs less than $100 a month to stay fully qualified & you can get excited about, you’ve hit the mother load, all you need to do is go to work!

MATRIX

(New 2 x 2 and 2 x 3 Matrix's are gaining in popularity, but only time will tell if the companies trying to make these models work will last.... If you're a strong builder, you can realize some significant money in these quick build models... just be honest with yourself and your team about their longevity).

- Older Matrix's are commonly referred to as a "Black Sheep" MLM Compensation model within our industry. Generally members build for example a 3x7 or 3x9 matrix ( 7 to 9 levels deep is to shallow to build a significant paycheck), which consists of three (3) positions, or legs, directly under you on your first level. Taking the "Breakage" factor discussed above, if people drop out, which is normal (attrition), then you earn far less on your Matrix (don't look at this model unless the MLM company plan allows you to fill in the cancelled positions with new members... but either way, straight Matrix's usually don't last).

People have made millions thousands of times in both the Binary and Unilevel compensation plans. Most do it in 2- 5 years if they're serious builders. But until just recently with the newer 3x15 Matrix and community spillover we never hear about Matrix lovers making a million dollars a year... There were a couple, but it took them 8 - 12 years in one of the bigger old fashioned Matrix's formed in the 1980's, which was Melaleuca! Melaleuca's pay plan (5x7 Matrix), leaves a lot to be desired. Join a shallow (7 to 9 levels deep), Matrix if you're looking to make a couple thousand a month, but that's going to be about it.

Most serious Builders that were foolish enough to join an old fashioned (7 to 9 levels of depth), Matrix walk away from it the day that they sign up a heavy hitter! The Builder wants the Big Hitter to be put on their first level where they could generate big $Dollar Sales from the Builder. But, since the Builder filled up his Matrix with those who rushed in to get in on the early spill-over... disaster hits! With some of the newer Matrix's however, you can fill in any cancelled spots so this problem will no longer exsist.

UNILEVEL (The Grand-Daddy of All Compensation Plans)

Unilevel pay plans are certainly not the most creative in structure... You see, this is the grandfather of all pay plans and typically is the simplest in that it allows a person, a distributor for a company, to sponsor as many people as desired and therefore go as wide as desired. What do I mean by going "wide"? I mean that if you sponsor 27 people you can be their direct sponsor and essentially have them all directly underneath you. Companies using Unilevels today (Tahitian Noni, XanGo, SOC and ACN ... All good companies, but they have very poor success records at building wealth for the average rep.... One company with a reasonably attractive UNILEVEL compensation plan in our opinion is Free Life, but we don't like their product, since it's another "juice" and the MLM opportunity around specialized juices is quickly disappearing due to mainstream production of exotic juices entering the local grocery store at half or even 1/3rd the price of the MLM products. If you're in a juice company, start thinking about a backup plan or go international where Costco doesn't exsist.

This type of MLM pay plan has an aspect of it that warrants serious consideration before delving in too deeply with a company that uses this unilevel type of plan. And what is that serious consideration? It's about the actual percentage of compensation that one gets with this MLM pay plan. You see, in order for a pay plan like this to give a good payout, it usually has to spread the pay out over many of these levels. Essentially, the payout goes deep, which is ok if you're a major recruiter, but no one else.... or the company has an incredible product that causes a huge customer base to develop!

LET'S TALK TAXES!!!

Think You Don’t Need A Home Based Business?

Take The “TAX QUIZ”: Did You Know…?

Taxes are the largest expense for most people. It exceeds what they pay for food,

clothing, lodging and transportation combined.

According to the American Taxpayer Union, in 1958, the average American paid 18%

of their gross income on federal, state, and Social Security taxes.

Today, the average American spends 41% of their gross income on taxes.

That means you are likely working 5 months of every year to support the government instead of your family!

What You May Not Know About the IRS...

As a small business owner you have more tax breaks available to you than anyone else. Unfortunately, these tax breaks go unused because most small business owners don't know about them - and the IRS isn't telling. Any home-based business, even part-time, that is not a hobby, and is in pursuit of a profit, can qualify for huge tax breaks - it's US Government law.

Want a Fast Way to Make More Money?

The fastest way to get that raise you want is by just being able to keep more of what you make now. The only kind of income that counts is what you can keep. By owning a home-based business and taking advantage of the tax breaks available to you, you can keep more of your income, even if your business isn't producing a profit! You just need to know the laws, and how to apply them.

Could You Use an Extra $3,000 to $9,000 a year minimum?

Every American taxpayer who works a full-time job and does not have a side business is probably overpaying taxes to the tune of $3,000 to $9,000 every year. Even self-employed people who do have businesses are collectively overpaying their taxes as a result of lack of tax knowledge to the tune of about $160 billion annually.

Deduct most of your fun such as movies, plays, and season tickets.

Learn how to deduct your golf, golf balls, golf clubs and lessons.

How to deduct all parties in your home.

How to audit-proof your records so that you will have the peace of mind of knowing you will never have to worry about an IRS audit again. You will be amazed how, in minutes a day, you can easily keep the IRS away forever.

How to deduct any vacation anywhere by being a travel agent.

Secrets to deducting dry cleaning and laundry and even the cost of clothing itself!

How to audit proof all travel from even the toughest IRS scrutiny.

A little-known secret (used by the super rich) to deduct the cost of your children's weddings and education including law school and medical school- No kidding!!

How to deduct two or even the cost of three or more cars in your business.

How to really audit-proof your automobile deductions.

Whether it is better to buy or lease your car. This program includes a complete detailed analysis as to when leasing is, and is not, better.

How to avoid the mistake that over 90% of business people make that costs over $5,000 per year in lost automobile deductions. This one is a killer!

Sanford Botkin

CPA and Former Top IRS tax attorney - As an IRS attorney Mr Botkin worked for the chief Counsels office of the IRS in Washington, and trained other lawyers on how to get more tax dollars from the public.

Important Note: The 500K Success Team believes that Mr. Botkin’s “Tax Strategies for Business Professionals” is one of the finest programs available today. All above referenced "potential" tax saving ideas have been taken directly from Mr. Botkin's materials. You should also consult a tax professional prior to making any tax decisions.

Late Dr. Randy Pausch of Carnegie Mellon University

Randy Pausch delivered a one-of-a-kind last lecture that made the world stop and pay attention. It's an hour lecture and worth every second. Don't pass this one, it will change your life. CLICK HERE TO WATCH VIDEO

SUCCESSFUL INDIVIDUALS ARE WILLING TO DO,

WHAT UNSUCCESSFUL INDIVIDUALS ARE NOT!

AND GUESS WHAT, A COLLEGE DEGREE

DOESN'T GUARANTEE ANYTHING ANYMORE...

Click here tTHE ONLY THING THAT STANDS BETWEEN A PERSON & WHAT THEY WANT IN LIFE, IS THE WILL TO TRY & THE FAITH TO BELIEVE IT IS POSSIBLE!

EVEN THOUGH THE NETWORK MARKETING INDUSTRY OFFERS THE GREATEST CHANCE FOR THE AVERAGE PERSON TO CREATE A SUBSTANTIAL RESIDUAL INCOME, THERE IS NO IMPLIED GUARANTEE THAT YOU WILL EARN ANY MONEY. INCOME POTENTIALS DISCUSSED / LISTED ON THIS WEBSITE ARE NOT TO BE INTERPRETED AS A PROMISE OF FUTURE INCOME. INCOME POTENTIAL IS ENTIRELY DEPENDENT ON THE INDIVIDUAL AND THEIR DUPLICATING OF OUR NETWORK MARKETING MODEL. YOUR LEVEL OF SUCCESS IN ATTAINING SIGNIFICANT EARNINGS DEPENDS ON YOU, AND MORE SPECIFICALLY YOUR WILLINESS TO DEVOTE YOURSELF TO THE SUCCESS FORMULA WE USE. SINCE THESE FACTORS DIFFER GREATLY ACCORDING TO INDIVIDUALS,

WE CANNOT GUARANTEE YOUR SUCCESS OR INCOME LEVEL.

Any MLM Experience?

SUCCESS CERTAINLY DOESN'T COME EASY, BUT THE REWARDS SURE

ARE WORTH THE EFFORT THAT'S REQUIRED!!!ck here to add text.

Ken & U.S. Senator /

Former NASA Astronaut,

Bill Nelsondd text.

Desired Income

UNCLE SAM WANTS YOUR MONEY

Of each dollar people earned in 2007 in the US, the top 10% got 48.5 cents which was the worst share of the income pie since right before the great depression.....

The top one tenth of one percent (.1%) had nearly as much income as all 150 million Americans who make up the economic lower half of our population.

The distribution of income in the US now resembles the incomes in Mexico, Brazil and Russia.

In 1973, the average US income peaked at $33,000 annually and by 2005 it had dropped to $29,000. So, with three decades of economic growth where did all the money go? Straight to the top. The rich and their lobbyists have taken full control of Washington and the state capitals and remade the rules in their own interests."

Trump & Kiyosaki endorse network marketing as the #1 business model in their new best selling book!

The 500K Success Team Has Thousands of Successful Members... So Join Our Team Today & Start Winning Big!!!

The 500K Success Team doesn't pretend to be MLM Attorney's nor do we practice MLM Law under any circumstances. We act only as Top MLM Consultants / Producers within the Network Marketing Industry. Statements surrounding the compensation plans and companies discussed above are merely our professional opinions formed by years of experience within the MLM / Network Marketing Industry. Before making any business decisions you should always seek legal advice.

WHY ARE 175,000 AMERICAN'S A WEEK STARTING A HOME BASED BUSINESS? CLICK ON THE MAP TO SEE!!!