Livethesource launched recently and is based on he MLM model targeting the Nutrition industry. Will it last? Are you going to make money with it? What is the missing ingredient to be a success at it? Here is an unbiased review of the company which will answer all these and more questions.

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The company launched in September of 2009, which makes it a pretty new company. Based out of Florida it has generated quite a stir. Joining an MLM company is very good but a new company with no history is risky. Companies close up any time and it is necessary to analyse the company the best you can before jumping in.

Is Livethesource a Winner?

Here are 4 quick ways to evaluate an MLM company and whether you can make any money with it. If all 4 are good, there are good chances of your success.

First of all consider the skills and experience of the management team. Digging in I found that the company has 4 co-founders, all of whom have a good standing in both the Corporate and Network Marketing industry. A god management team means a good foundation has been laid and the team knows how to make the company grow and last.

Does the Product have a good market?

Lets move on to the next criteria, which is, the product. Is it unique and does it have good quality. If the company has an unique product which caters to a good market and benefits them, then they have a great selling point.

Livethesource markets Dailysource which is a multi-vitamin herbal supplement. This product has been patented and gets an A+ score from my end.

What about the Money?

The next point of consideration is the pay plan. While reviewing a pay plan, do not fuss too much. As long as it’s fair and lucrative, you have nothing to lose.

The Livethesource pay plan pays out 7 different ways and is structured around the traditional unilevel design. You can earn money through retail sales, uni-level volume, generational pay, a car bonus, ambassador and critical path bonuses. One unique feature is you have the ability to move a distributor, within their first 30 days, to anywhere your team needs the most help which encourages great team work. The Compensation plan is lucrative and fair so once again Livethesource gets a pass.

Final piece of evaluation

A must for any MLM venture are the training and marketing tools. Livethesource unfortunately does not have a good training system in place which addresses the needs of a distributor. There are not many MLM companies which can boast of a good training program so don’t worry.

There is help at hand, enrol into a good MLM marketing System. The MLM marketing system should teach you how to build your business, how to grow your team and mentor them and more. This is one of they key factors for your success.

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