Fund Your MLM - The Self-Sustaining Commute

Owning your own business is a great way to increase your total tax deductions. In fact because MLM businesses have a small start-up just one tax deduction, such as the "business to business" deduction, can easily fund your MLM basic operating expenses. With today's high gas prices that's a really big deal.

So what is this "business to business" deduction, & what do gas prices have to do with it? This one is for those who have a tax paying job & a business they operate primarily out of their home office. When you commute from your home office to your job & back again all that travel is a tax deductible "business expense" because you are commuting from one business address to another business.

"Sounds great", you say. Yes, but to take this deduction you better be able to prove you deserve it AND that it exists. Yes, you read that correctly. When it comes to many legal tax deductions the IRS often considers you guilty until proven innocent. So you must be able to prove the law exists so the folks who process your tax return don't kick it back as disallowed.

So, can you site the laws supporting your right to take the business to business deduction you spent the whole year earning? Probably not, & if you expect your local CPA or H&R Block filer to know this information, then chances are you are out of luck. You see, the IRS is in the business of collecting revenues … not helping people learn how to pay as little revenue as possible. You need a MLM tax expert in your corner.

If you have a business that you operate primarily out of your home & you work a W-2 job somewhere else, then you can claim that commute on your tax report. But before you buckle up & grab the wheel you must be able to cite the supporting federal laws for any deduction if you want the IRS to let you use that money to help fund your MLM. That is why I rely on the MLM tax pro Ron Mueller to help me out. If you'd like a copy of Ron's latest email letter to me on the business to business tax deduction, then shoot me a message at:

BillTessore@gmail.com

I appreciate you,

Bill Tessore

Self-Branding - Get Noticed With Squidoo

I know what you're thinking, "Who? What's that? It's one of the sites Google loves. This site is a page builder for folks that want to share their passions. Anything from self-branding to simply announcing upcoming events.

If you want to do it quickly & easily then this site is what you want. Best of all you can get it out there in less than 5 minutes for a grand total of $0.00. That's right, it's completely FREE to create as many pages as you like. With the exception of your time & imagination, there are no limitations.

Here's an example of what a Squidoo lens looks like.

With a little effort on a daily basis your lens could sky rocket in ranking in almost no time. Soon your lens could be on the op of the heap, & you don't have to be a techno-geek to do it. If building a stable long-term income is important to you, then self-branding is what you need to be doing. Setting-up a Squidoo lens will help you do that. Just go to My First Lens, then click the “Make Your Own Lens” link, then visit Bob The Teacher’s lens for the FREE 7-day mini-course with helpful tips to get your lens noticed fast.

I appreciate you,

BIll Tessore

Human Imagination - You Define What Is Possible

Human imagination, the ability to bring into being something that is not present, is one of the most powerful resources on earth. Children spend countless hours entertaining themselves & learning by using their imagination. Abilities, knowledge, & industries spring forth regularly when people exercise this boundless skill. Since the dawn of MLM, a product of imagination, a few creative entrepreneurs refused to allow the arbitrary boundaries of "conventional thought" to bind them & so they learned to generate a recurring income thought to be impossible for one person to build.

Parents do not mean any harm when they pass on to their children as facts the conventions of modern knowledge. Rather, they simply pass on what they know as their way of helping us to grow. They want to protect us from the unknown. And yet, many grow up so insulated from the "dangers of life" that we never venture out of the comfort zone we have developed. This is why so few ever realize the new horizons, new worlds of thought. & a greater understanding of what we do not know.

The common perception is that individuals such as Marco Polo, Alexander Graham Bell, & Neal Armstrong were extraordinary souls. The reality is these men dared oppose the definition of what "was" & "could be". When "extraordinary" people challenge the definition of "impossible" in search of solutions, then fantasy & the unattainable becomes a new invention, & the unknown becomes an established historical fact.

Those intrepid explorers who disavow "the impossible" embody a powerful truth - the key to the power of positive thinking is in how we look at ourselves & our surroundings. "Facts" are challenged & alternative solutions discovered.

See the power of human imagination in action.

The world is full of "exceptional" souls imprisoned by their perceptions of what is possible. The truth is all of us define in our own minds what is or is not impossible - & often times because of what others say. Freedom of discovery & understanding is found in the truth that our limitations are based exclusively on the skills we has yet to obtain & put to work in our lives.

So, will you allow the beliefs of the crowd to shape your future, limit your income, & kill your dreams? or will you exercise your human imagination to push the bounds of your own limitations?

I appreciate you,

Bill Tessore

MLM Scam - Update On: "An Old Hen Gets It's Feathers Ruffled"

In "MLM Scam - An Old Hen Gets It's Feathers Ruffled"
we looked at the MLM scam charges the LA Attorney General of California brought against YourTravelBiz.com & what those charges were based upon.

In network marketing everyone watches the competition to see what's going on … especially when companies get into legal trouble. Some watch for opportunities to pounce on their competitor's misfortune in an effort to improve their own image. Others watch for the distributor fallout, because they know many casualties will be looking for a new home. Still others, all be it a very few, watch to sound the alarm when mischievous MLM companies act out.

One such minority watchman is Rod Cook, author of the MLMWatchDog.com website. You may find what Rod has to say about YTB & its mischievous behavior interesting reading.

Another such watchman is Michael Dlouhy. In his 30 + years in network marketing Michael has developed a huge bank of experience, built to the top of his company leaving no record unbroken, & acted as consultant to several network marketing companies.

As founder of the Mentoring For Free system & author of the classic Ebook "Success In 10 Steps", & one who joined 100 + companies to learn what works in MLM, Michael has been sharing his knowledge & advice to anyone in any business for over 5 years now.

So you can understand why people listen when Michael says, "Watch that company". And Michael has been telling people to watch YTB for quite some time now. Not so he can boast about how much better his company is, or to slurp up the blood of new meat. Rather, Michael has been beating the drum about YTB's activities for a long time now because he saw the train wreck coming.

Michael Dlouhy really cares about people. He wants to arm people with information that can help them save the years of heartache & frustration he went through when mischievous MLM behavior destroyed his business & left hundreds of others devestated as well.

If learning how to avoid disaster in your network marketing career is important to you, then I strongly recommend you stop everything you are doing right now & listen to what Michael Dlouhy has to say about MLM scams in his book "Success In 10 Steps".

I appreciate you,

Bill Tessore

MLM Scam - An Old Hen Gets It's Feathers Ruffled

For several years now network marketing leaders in many different companies have been saying YourTravelBiz.com (YTB) is a scam. Naturally there has been a flurry of banter on this topic both pro & con. No one wants to lose a big money pirch, and by the same token no one wants to see folks get stewed. This is evident when every bird in the yard falls silent after the poultry rancher, the State Attorney General, proclaims, "MLM SCAM!"

In an August 8, 2008 news release posted on the California Attorney General's website the title boldly proclaims, "Brown Sues To Topple Online Pyramid Scheme".

So why is the Attorney General of Los Angeles, California looking to put YTB on his dinner table? In another section of the article we read, "YourTravelBiz.com and its affiliates operate an illegal pyramid scheme that only benefits members if and when they find enough new members to join the scam. Once enrolled, members who join the pyramid scheme earn compensation for each new person they enlist, regardless of whether they sell any travel."

On the surface the statement above may seem a bit confusing. After all, isn't being paid for sponsoring part of MLM?

The FTC defines a "pyramid scheme".

The FTC's definition of a pyramid scheme goes something like this. A MLM company is a pyramid scheme if it has one or more of the following attributes:

(1) a "headhunting" fee
(2) no product sales are required to receive a performance bonus
(3) company buy back of excessive inventory
(4) not requiring that products be sold to customers.

Now look at items #1, #2, & #4 again and evaluate them against what the California Attorney General is saying YTB has been doing:

"YourTravelBiz.com and its affiliates operate an illegal pyramid scheme that only benefits members if and when they find enough new members to join the scam. Once enrolled, members who join the pyramid scheme earn compensation for each new person they enlist, regardless of whether they sell any travel."

So, according to rule #1 YTB has been offering reps a "head hunting" (recruiting) fee. On top of that, YTB is in violation of rule #2, & #4 because it has not been requiring reps to sell the product (travel) to any customers.

So what is one to do? Should people in YTB fly the coup? That's up to them to decide. Whether you're a top-rung bird or a new chick a better question to ask may be, "Do I want to be in the YTB hen house when the ol' General comes in with his ax?"

I appreciate you,

Bill Tessore