Recently a commentator asked me what I think about My Lead System Pro (MLSP). I didn’t know it at the time, but I took a look, so here is my review:
My Lead System Pro in a nutshell:
MLSP is basically an “MLM training center” where people learn to utilize the ideas taught at MLSP and create MLM’s of their own OR become successful in current MLM programs and system.
There’s also training on general LEAD marketing such as how to get people to convert and buy your offers through truly legitimate psychological sales tactics such as using curiosity and appearing very wealthy to attract customers to buy your offer.
Some people who join this program already have business ideas of their own and this organization shows them how to market it and get more leads to their business, while others are just seeking to promote the MLSP system to others.
Either way when you join (there are 3 options), you learn to promote the MLSP system to others through training given to you as well as using the training for the above purposes (getting your own leads, for your own promotions).
A number of things are provided to help you do that with MLSP:
- Done for you websites.
- Video training.
- Article directories to post articles on to get traffic & more.
But the basic idea of this company when you become a member is to get other people to join it for which you (the referrer) will receive compensation. You can certainly elect to do otherwise and promote a personal business.
Note: Some things have improved and changed within MLSP since certain options to get leads from also changed.
For example, article directories are not a good way to get leads and if you see any program suggesting that, forget that advice.
MLSP is not an MLM program FYI.
Many people mistake MLSP as being an MLM company itself. From what I’ve seen it is not by definition an MLM.
You can promote the company to others and earn commissions, but it is only from direct referrals that you make money rather than the typical MLM formula where you can earn money from not just direct referrals, but referrals your direct referrals make.
Confused? Let me explain:
- If I promote MLSP to someone and they sign up, I get a commission. Let’s call my referral Bob.
- If the same person I referred to MLSP (Bob) refers someone else (Linda) and that person signs up, I do NOT make a commission. Bob is the only one who makes a commission in that exchange.
- In short, if you’re going to be promoting MLSP to people and making money with it, you are essentially an affiliate marketer for it, not an MLM promoter for it.
- In MLM companies, I would be earning commissions from Bob’s referrals and even Linda’s and whoever else they refer.
- If that looks like a pyramid type formula to you, that’s because it really is and is one of the MAJOR reasons I advise against all MLM’s but MLSP is neither an MLM nor a pyramid scheme, it’s a legit program.
What does MLSP actually offer you?
It is said that MLSP is really just one big tool that if used right converts on it’s own. You learn to promote this company to others as I said before by linking them to the main MLSP website which then does the work for you in getting the visitors you send there to join. You then can make money in the process.
For the most part, a lot of what you learn within MLSP are ways to build a website, get traffic there and refer that traffic (leads) to MLSP. You can do this directly or have potential leads sign up via an autoresponder and if you plan on using one, whether for this purpose or other online business ventures, I recommend Aweber above all.
You also get video training as well as weekly webinars in which you learn more ways to both increase your business & refer others into MLSP. I can’t really vouch for the training, but there is a lot of it and a lot of it centers around SEO & email marketing. The only thing I see being a con here is that it can be very overwhelming for a newcomer to internet marketing.
If that is the case, I would instead recommend a much more newbie friendlier program like Wealthy Affiliate. It costs nothing to try and you get a much more organized, structured training, which is NOT on MLM, but rather how to create a successful online business, which gets a thumbs up in my book.
My Lead System Pro’s pricing:
There are 4 options (1 is free and the rest are monthly, see MLSP pricing details) but if you select one of the paid options and pay annually, there is a slight discount, vs paying month to month. Here is a screenshot of the month to month costs:
All of the membership levels provide a lot of things, but mainly training and ways to get started. For example, you get access to the system’s article directory where I believe you can write up articles which can either link back to your site and/or rank high on Google which allows you receive a lot of potential leads. By the way, in 2019, I do not believe this method will work due to content farms not being viable for this strategy anymore.
You also get pre-built websites which already have text within them which are said to do all the work for you on auto-pilot, although this is BAD SEO practice as it can be considered duplicate content by search engines. You absolutely need to create unique content if you’re going to run a successful website.
Pros:
- You can make money through this system.
- There is a lot of training offered within the members section.
- Weekly webinars and value offered.
- This program has been around for MANY years and is one of the most known for lead generation training.
Cons:
- Some refund issues have been noted.
- I do think the training material is expensive and while there is a discount for going annual, you’d spend far less with my alternative program Wealthy Affiliate and still learn the same kind of valuable material.
Final Rating: My Lead System Pro
Yellow Light (Caution)
4 out of 10 stars. Using MLSP’s training can definitely work, but I advise major caution if you decide to join it for MLM success. There ARE better alternatives. My top recommendation would be Wealthy Affiliate.
Final thoughts on My Lead System Pro:
Overall, MLSP was a pretty good program for learning lead generation and succeeding with MLM programs. Even though I don’t like anything that has MLM attached to it, I can definitely see someone using the training for things like affiliate marketing, promoting their own product and things like that.
But overall, for the price My Lead Systems Pro charges, I can probably get training on the same and possibly better level FOR LESS with Wealthy Affiliate, and that program teaches lead generation and creating online businesses with affiliate marketing, a method of making money that I find more legitimate than MLM or network marketing in general.
I prefer the license rights program in lieu of MLM. In the license rights program, you acquire the license to market a proven system yourself. Just like owning a franchise in a brick and mortar business except online. The best ones offer high ticket back ends and endless education. Wouldn’t you agree that the best education is how to be free in this world of commerce? To be able to step into the market, take what you want from it and then step out and live your life on your terms. That education is priceless.
I don’t generally agree with that David and I’ll explain why: License rights programs are basically forced methods to get affiliates to buy a program and then to re-sell it. High ticket items are priced “high” to make it more appealing for anyone buying them to re-sell it to other people and sadly most high ticket items I’ve reviewed have been either scams or pyramid schemes.
Most of the education offered isn’t actually endless, but revolving around the promotion of the program you’re trying to re-sell. I am against overpriced programs and don’t even think the legitimate ones should be priced so high. If you take Wealthy Affiliate, that program does have endless education on marketing, but I promote it because of that reason and because it’s got a great low price.
Had that program or any other that was legit cost $100’s or $1,000’s, I would never market it because most people who buy those programs really can’t afford those prices and if they do, they often throw down savings on risk and that’s not smart. They need to have money saved up if their risk doesn’t work so a low price program that offers high value is one I’d recommend to them.
I’m a “network” marketer and belong to a Network marketing company. I joined MLSP a few months ago and just canceled my membership a few minutes ago. I will say this, I like the community. These are generally some of the nicest and well meaning people one could meet and many of them offer some great nuggets in regards to business and success as a whole. However, I don’t want to promote MLSP. And that’s what it seems to be all about. All the premade sales pages point to and promote MLSP. Sure, the training is pretty sound in regards to branding and marketing on social media sites. Again, all well and good if you just want to earn commissions from promoting MLSP. I WANT TO PROMOTE MY NETWORK MARKETING COMPANY. Period. And learn how to do so online.
You’ve touched upon a very important “problem” that is huge in this business Jason and that’s that most of these companies (Both MLM and non MLM) focus a majority if not the whole of their training on really marketing the very same business, not really helping you build your own based on what YOU love.
This creates a major issue because in life, I believe your business should be built upon a number of things, one of the most important being your passion. If you don’t love what you promote, it will affect your work, your life and it will be seen within your work overall.
This is why I keep telling people that Wealthy Affiliate is the only place that does this correctly. They actually have a whole course designed to help you market through a topic/niche that you love. It’s called the Online Entrepreneur Certification Course. This may be exactly what you’re looking for.
Eh. I don’t really see a problem with MLM as long as there is a product. (read bottom half, I’m not an mlm-fan boy) I’ve been through some of these types of training and it’s generally good information: Provide value, focus on others instead of yourself, use a system etc…
There’s nothing unethical about selling chocolate bars, candles or energy drinks, or even a business model around it. So what if Cindy sells candles and Tammy gets a commission too. Almost every industry practices this commission model to an extent.
Now I do think there is a SERIOUS problem with the general population of people who join MLM’s. Most are looking for an easy way out, an easy dollar, a business, a step-by-step process to getting rich (quick). I think the worse off you are the easier it is to fall for a sleazy scammer.
I also think MLM marketers are generally unethical about their practices by advising their “business partners” to go into credit card debt, to pay $100/mo for X when they can’t afford it, or manipulative upselling. Buy x for $10 to get my secrets to easy success – after purchase – Just kidding buy my elite super secrets for $600 and you’ll be super rich.
Ultimately, I’m on the fence about MLM. There’s nothing wrong with the business model, but there’s a lot of shady people in the business and a lot of people who aren’t careful and get hurt.
I’d be curious to see your opinion of my response. I’m not in MLM, and my mom loves the Amway drinks lol. She’s not in the business either.
There are a lot of good points you made John, and in many ways MLM does have the potential to be successful, but as far as I’m concerned, only to an extent due to it’s incentive program. By that I don’t mean selling the products the MLM offers, that’s fine in my book, it’s the referral program of bringing in an X number of people and them having to do the same to sustain your business.
Eventually the customer base runs out because people won’t have anyone else to promote to and they may very well leave the program which can set off a chain reaction of disaster. This is why those who are most successful with MLM programs are those who start early and make a good amount of money prior to the system breaking down.
To prevent this and just make money, a lot of MLMers engage in many of the practices you talked about which while on one side of the coin can be deemed unethical, it’s understandable (to an extent) because they just want to make the money.
I prefer affiliate marketing where you make commissions on only the first tier of referrals/sales and nothing else. Technically on paper, it offers less monetary rewards, but in practice, I believe you can make a lot more in the long run.
Like you said, you’re on the fence about MLM. I’m more on the side which doesn’t want to deal with it because I’ve seen how far it’s been taken in the wrong direction. I know there’s more than a few very big MLM programs succeeding today, but it’s still not something I’d ever want to involve myself with.
Hi Vitaliy. I can see your point about saturating markets and running out of customers but I have to say I disagree. I run my own home business under the umbrella of an extremely successful network marketing company.. and our market is never saturated as we’re in the Health and Wellbeing sector. It’s international, and it’s a face to face recommendation business so you’d never saturate the market because it’s about how many people you can talk to! If you made a point of speaking to every new person you meet about your products or your business, you’re never going to meet all the exact same people someone else does.
In my company, we make warm lists (people we already know) and also go contact marketing (where we build new relationships with people we don’t know) and because we have an excellent unique set of products and our company rewards us both from selling and from coaching others to sell too, that’s what makes network marketing such a good thing for us. Some MLM companies are better than others, I just wanted to share with you how my particular one works and that I believe it’s a very good thing to get into if you pick the right one. You need a great product and excellent support to do well in network marketing 🙂
You make some good points Susie. Certain markets are indeed evergreen but when it comes to MLM’s becoming a part of selling to those markets, I find there’s more potential in just being an affiliate for other programs & companies. I believe in selling to people things that give them value. I don’t believe there is value in recruiting so others can do the same.
Thanks for this Vitaliy. I’ve been getting emails from them for at least 6 months and didn’t really know what they were on about. I hadn’t signed up but didn’t know why. Now you’ve explained it all and it is a huge help, you’ve saved me time and money. Thanks. I’ll be giving MLSP a wide berth.
My pleasure Michelle 🙂
Yes there are a lot of MLM type businesses around, I have had bad experiences in the past! Good post.
A lot of these new age MLM’s are trying to combine network marketing with affiliate marketing. My advice would be to skip the MLM part of the equation.
Hey, thanks for the review. I’ll be staying away from this program. But as for your #1 recommendation. I do feel it’s worth the #1 spot 🙂