My Lead System Pro as its name implies is a powerful system for building leads for the following businesses
- Network Marketing or MLM
- Affiliate Marketing
- Any other type of business that needs leads
It also offers an affiliate program to market its system.
In this review I shall discuss the following:
- Who are the founders and when was it founded
- Main reason it was formed
- What it has evolved into
- How does its system work
- Who can benefit most from this system
- Why I joined and decided it was not for me
- Pricing Philosophy and its commission structure
- My recommendation
Origination – When it began and who founded the company
Founded by Brian Fanale, Todd Schlomer & Norbert Orlewicz in 2008. Brian Fanale is the face of MLSP, similar to Kyle in Wealthy Affiliate.
Main Reason It Was Formed
It started off to help Network Marketers and MLM’ers generate more leads for their businesses. The approach was to do this online. The objective was to make more sales without talking to family members and friends.
What Has It Evolved Into
It has expanded to serve not only the MLM industry, but also affiliate marking and any type of business that needs customers. They have developed training tools and a support system to help their members achieve this goal.
How Does The System Work?
There is a big emphasis on training to help its members find leads online. It is divided into 46 modules at Beginner, Intermediate and Advanced Levels. Here is a short list of some of these modules. Members at Wealthy Affiliate will be familiar with many of them as they are also taught there:
- Attraction Marketing, Target Market, Branding and Creating Content
- Vision, Meditation and Mindset
- System Campaigns to get leads
- List Management and Customer Development using Funnelizers and a Customer Relationship Manager
- Social Media Courses and Blogging with the help of Copywriting Mastery
- Website creation using Keyword Research and SEO
- Money Hosting Webinars, Automated Webinars, Creating a Coaching Revenue System
- Video Marketing, eBook Creation and Story Telling for Profit
- Success in MLM using Prospecting Strategies as well as Face to Face Approaches
- Live Chat (Note, only available to Premium Members – see price below)
- Community help
Here is an example of how the course modules are organized:
Who Can Benefit From This System?
It was clear that those who already had a business in operation, either brick and mortar, or an established online business could use MLSP to take their enterprises to the next level and beyond. The high cost for the complete package could be justified as it provided valuable training and resources that could help them achieve their business goals faster. I shall be going over their pricing packages later.
Why I Joined and Later Decided MLSP Was Not For Me
I was already in a company that had a Network Marketing business model. I had primarily been using the services and benefited significantly from that. Since I had this very positive history I wanted to develop the business opportunity. Coincidentally one of my senior upline directors joined MLSP to expand his business and promoted it to his organization. It only cost $1 for a 10 day trial, so I decided to check it out. At that time I had no idea that Wealthy Affiliate existed. I thought MLSP was the best thing since sliced bread and decided to pay the $49.99 monthly fee to become a basic member after my trial period ended.
Each course consisted of a video of different lengths presented by Brian, their Kyle equivalent. Brian loved everyone to see him so much of the video was in a lecture style. A PDF File for the lesson was also available. At the end there were exercises to complete before you could proceed to the next lesson. If you didn’t complete any of the tasks, you could not proceed.
Once I completed the Beginners Course, I had access to the other modules open to Basic members. From this point I had the option of picking and choosing any of these courses. Since my upline was promoting how to use Facebook to get free leads, I decided to follow his direction.
This is where I got derailed. The process involved spending lots of time on Facebook sites devoted to Network Marketing. The objective was to respond to posts in a constructive manner, make helpful posts and in that way create a familiar presence. I saw several issues with this, the main one being time. It takes a very long time to build relationships with people who after all are involved in other Network Marketing businesses. I was not sure how I could interest them in my Network Marketing business.
Soon it became clear that the objective was to market the MLSP system to help other network marketers. And if I wanted to use the more advanced training and tools at MLSP, I needed to upgrade to more expensive membership levels.
There were also many up sells of other courses promoted by independent MLSP members. After I spent almost $500 on these a la carte offers I decided I could not afford MLSP. This was a great system for established businesses but not very useful for a newbie like myself.
I do not regret purchasing the courses I did because they will help me with business in general. One of them was called Copywriting Mastery. It trains you how to write effective sales copy from the customers perspective.
MLSP Pricing Plans
There are three pricing plans, not including the many expensive up sells
- Basic – $49.97 per month
- Professional – $149.97 per month
- Premium – $299.97 per month
There are annual plans that reduce these costs to average $42, $125 and $250 per month respectively
MLSP also provides commissions on referrals.
Free members on MLSP cannot earn referral commissions, unlike in WA.
Wealthy Affiliate offers far better value compared to My Lead System Pro. Compare a premium membership at Wealthy Affiliate at $49 per month compared to a Premium Membership at My Lead System Pro at $299.97 a month! Let’s summarize what you get for an extra $250.97 at MLSP. You get a leads management system, a funnelizer and a CRM. If you added these features to WA using third parties it would cost far less. And you may not need all of these features either.
If you make referral sales of Wealthy Affiliate, commissions are also paid. Percentage wise these are significantly higher than My Lead System Pro. Wealthy Affiliate also has benefits that are not available in MLSP.
You can get find out more from a review of Wealthy Affiliate here
You can get more information on Wealthy Affiliate and sign up for FREE by clicking the banner below. You can continue as a free member for 7 days, or upgrade to Premium for $19 for the next month. If you like your experience at WA you can continue at the regular monthly subscription of $49. Of course, you can also cancel if this is not for you.