Fortune Hi-Tech Marketing is a company that has been experiencing significant growth of late. FHTM has some unique characteristics that set it apart from many other opportunities and also some challenges that it poses to the representatives involved.
FHTM is definitely well represented in the management ranks. The management team of Paul Orbeson and Tommy Mills gives them solid history in the direct marketing and network marketing environment. Orbeson and Mills were both reps themselves for a telecom company in the past, and Orbeson was making in excess of one million per month before retiring.
As far as compensation plans go, FHTM has an interesting version of a breakway compensation plan. In most breakaway formats, once someone in your downline reaches an organization of a certain size, they breakaway and you don't see much from that. With the FHTM model, while they refer to it as a breakaway, there are still both recruiting bonuses and override commissions for the breakaway teams, so your team won't disappear overnight like it can in some models.
A challenge with FHTM is that they don't have many products of their own. With the exception of a few products, FHTM relies on an affiliate approach offering other companies goods and services through their program. While this can help in the prospecting phase, the downside is the margins on these products are pretty thin, so it requires a decent organization to get a substantial residual check.
To compensate for the residuals, FHTM does offer excellent recruiting perks, and new reps being introduced to the business in your team can provide a great one time payment.
The challenge most reps will face is finding a stream of qualified prospects to keep the recruiting bonuses high while building an organization that is large enough to produce a substantial residual income. If a representative is skilled in marketing, then the pathway to ESM is very attainable in a short time.
Craig Dorry is a skilled network marketer who helps others learn the "art and science" of marketing. To learn more about how to effectively grow your FHTM business get a copy of our free report at [
http://www.700repsinsiderreport.com/fhtm]FHTM Insider Report or contact Craig at 919.816.2729.
Article Source: [
http://EzineArticles.com/?FHTM-Business-Building-Review&id=3995060] FHTM Business Building Review