Lightyear Wireless, A Superb Business?

Posted: May 25, 2011 |Comments: 0 |

Lightyear Wireless is a telecommunications company (kind of) that sell mobile cell phone devices and provide a route for obtaining access to a wireless network, contract fee.  They are not actually a carrier, they don't own their own frequencies, but offer services through Sprint and Verizon networks, with whom they have a relationship with.  Even though they are effectively reselling services they still are able to offer some very good deals, which are some of the best in the industry, anyone joining this business should have no problem in enticing new customers.

The parent company Lightyear Network Solutions was launched in 1993 and you can find their headquarters in Louisville, Kentucky. They were founded by Sherman Henderson and boast membership of the Better Business Bureau and are publicly traded.  As a member of the business you can also boast that the company was ranked number 19 on Inc Magazines list of fastest growing companies!

What do they offer?

There are several different packages that they offer, but probably their most notable is their UNLIMITED package which provides unlimited calls, text messages and web access for $59.99 a month, this is actually way cheaper than leading competitors AT & T and Verizon who offer the same package for just under $120 a month right now.

Their services are 'no contract' which offers a distinct advantage, especially as around 65% of users are switching away from tied in contract deals.  You are also able to get your own mobile services for free with this company simply by referring five customers.

The Business Opportunity

You can become a representative at two levels, Manager & Senior Manager; the enrolment fees are $49 & $299 respectively, plus there is an annual $50 renewal fee.  For those that are able to its more advantageous to sign up for the higher package as you will instantly qualify for full access to the compensation plan.  Either option will get you full access to your own online marketing system provided by the company, which allows you to retail the services and also recruit new reps.

The Lightyear Wireless pay plan offers many ways to earn an income and is often advertised that you will earn 10% of each customer's monthly bill, there of course other ways to earn as well.  The bonuses you can earn are the fast start bonus, CAB (Customer Acquisition Bonus), Residual commission (1-10% on your customers), Dynamically Compressed 8 Level Commissions (1-4%), Web System Residual, Car Bonus, and a Revenue Sharing Pool.  As you can see there are many ways to earn with this company.

The aim in network marketing is to create residual income that comes in whether you work or not, and the only way you are going to do this is by bringing in people under you that are working the business, you will be paid on their efforts as well as your own.  A lot of people fail in this industry simply because they don't have enough leads and experience in recruiting, or just simply are using the wrong methods.  If you take the time to learn some simple steps then you can actually solve these problems and have a very profitable business.

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