Headquartered in Lexington, Kentucky, Fortune Hi-Tech Marketing was founded by Mr. Paul Orberson in January, 2001. Today, after ten years in business, the company's annual sales exceed $500 million.
Using modern models of multilevel marketing, FHTM offers a broad array of products and services and today has an international standing outside the United States, doing much of its business in Puerto Rico as well as Canada and the United Kingdom.
Orberson has in ten years of business remained debt-free, a remarkable accomplishment in today's business climate. Fortune Hi-Tech Marketing is privately owned, unburdened by shareholders or a board of directors, and regularly does business with any number of Fortune 500 companies.
Uniquely among its competition, Fortune Hi-Tech Marketing's model of revenue generation uses any number of products and services commonly employed by millions of customers throughout the world. Distributors are paid commissions for referring new customers to any of twenty Fortune 500 partner companies.
Orberson earned his first millions distributing for Excel Communications, which is today defunct. Excel's business was in reselling telephonic services and products, paying its distributors for customers who replaced their telephone services with Excel. Fortune models itself similarly in its business plan.
The Products Offered by Fortune Hi-Tech Marketing
FHTM's products are wide-ranging, to include Internet services and cellular phone plans, but additionally includes automotive clubs, travel clubs and systems for home security, dealing in well-known brands such as Sprint, T-Mobile, Verizon Wireless, AT&T Wireless, Alltel Wireless, and interestingly, DISH Network.
FHTM additionally carries a wide array of prosaic products, to include beauty care lines, supplements for weight loss and nutrition, health supplements, and even pet foods. They also maintain a successful travel discount portal site.
What is unique isn't the products themselves, which are routinely available everywhere. FHTM markets the things people want and need in ever-expanding demands. Probably very few households within FHTM's areas are without at least some of its products and services.
Business owners simply connect new consumers with these partner companies, paid a customer acquisition bonus and then commissions of 2% to 20% on recurrent buying.
How Does a Fortune Hi-Tech Representative Earn Money?
There are two common entry points into FHTM. The first option, Manager, costs $299.00. There is a second option that places someone into a position to receive immediate trainer income, called the "Trainer/Coach" position. Representatives have the option of beginning from Manager, and have the option to upgrade to Trainer/Coach at any time of their pleasing. The Trainer/Coach position likewise costs $299.00, in addition to the Manager option, aslso at the same cost. Click here to learn more about the compensation plan at FHTM.
A Trainer/Coach can instantly earn his income doing personal training of anyone in the downline, paid $40 per manager trained, so all that's required to recoup that investment is to successfully train eight managers!
After completion of Certified Regional Training school, $80 is paid for every trainer that they train in their downline organization. A variety of overrides and bonuses are available as one moves up in rank through the positions of Regional Manager, Executive Manager, National Manager and Presidential Ambassador. FHTM even provides a platinum car program that permits its representatives to earn a new Lexus automobile every three years.
Using a stair-step breakaway plan similar to that seen in the insurance industry, star performers will break away to strike out on their own. To counter this expected attrition, you must always be recruiting new business leaders.
The Leadership Team of FHTM
Paul Orberson is highly experienced in this industry of network marketing, and in the 1990s became a multimillionaire in his work as a distributor with Excel. He remains hands-on with FHTM, involved deeply in its daily operations. Continually growing, on a typical day, FHTM earn 400 to 500 new representatives.
Tom Mills, formerly a high school coach, is the CEO at FHTM, and Laura McDonald is its director of marketing and promotions. Additionally, Paul Orberson's son Jeff is a vital member of FHTM's executive team.
The Financial Resources of FHTM
As stated earlier, from Day One, FHTM has been debt-free, and is as stable as a company gets after ten years in the business. Neither is it subject to the vagaries and whims of the stock market, having no holders of share or stock. The company is flush with operating capital and is unchallenged by financial issues.
FHTM's Story
President Orberson identifies three elements that give FHTM its unique standing in the field of network marketing: 1.) No shareholders to interfere with efficiency. 2.) No debt, not one dollar, not one penny. 3.) A highly diverse range of products and services to offer to the customer. He's proud to say that FHTM was crafted for the purpose of assisting regular folks to improve their lives and finances, with entry-level costs of under $300.00 within the grasp of most people seeking a legitimate opportunity to start their own business.
What is the training like?
The FHTM training is fairly generic, "one size fits all," and really doesn't teach enough Internet-specific marketing strategy, which can be a frustration. Therefore, a new representative would be well-served in using a third-party marketing system, perhaps the Jonathan Budd Seven-Figure Networker System.
What's the skinny on this? Tell me the pros, and tell me the cons.
Pros: This is a long-established company, staying on the cutting edge of consumer demand, so it's a sure bet that there is strong existing leadership and vision. Orberson has an undeniably wildly successful track record in network marketing.
Cons: Well, there's the money, of course. $300.00 is reachable for most people, but not easy to pay, but it goes deeper, because there are unfathomable nickel-and-dime start up costs that can go far deeper than that initial $300.00 outlay. The cost may be an issue to you, but it could be difficult to sell to people you wish to bring into the business.
Lastly, as mentioned earlier, the training isn't all it can be. While emphasized heavily, representatives report that the training remains weak. So among those start-up costs, you should figure on a third-party system like Seven Figure Networker to get your business off the ground.
Using modern models of multilevel marketing, FHTM offers a broad array of products and services and today has an international standing outside the United States, doing much of its business in Puerto Rico as well as Canada and the United Kingdom.
Orberson has in ten years of business remained debt-free, a remarkable accomplishment in today's business climate. Fortune Hi-Tech Marketing is privately owned, unburdened by shareholders or a board of directors, and regularly does business with any number of Fortune 500 companies.
Uniquely among its competition, Fortune Hi-Tech Marketing's model of revenue generation uses any number of products and services commonly employed by millions of customers throughout the world. Distributors are paid commissions for referring new customers to any of twenty Fortune 500 partner companies.
Orberson earned his first millions distributing for Excel Communications, which is today defunct. Excel's business was in reselling telephonic services and products, paying its distributors for customers who replaced their telephone services with Excel. Fortune models itself similarly in its business plan.
The Products Offered by Fortune Hi-Tech Marketing
FHTM's products are wide-ranging, to include Internet services and cellular phone plans, but additionally includes automotive clubs, travel clubs and systems for home security, dealing in well-known brands such as Sprint, T-Mobile, Verizon Wireless, AT&T Wireless, Alltel Wireless, and interestingly, DISH Network.
FHTM additionally carries a wide array of prosaic products, to include beauty care lines, supplements for weight loss and nutrition, health supplements, and even pet foods. They also maintain a successful travel discount portal site.
What is unique isn't the products themselves, which are routinely available everywhere. FHTM markets the things people want and need in ever-expanding demands. Probably very few households within FHTM's areas are without at least some of its products and services.
Business owners simply connect new consumers with these partner companies, paid a customer acquisition bonus and then commissions of 2% to 20% on recurrent buying.
How Does a Fortune Hi-Tech Representative Earn Money?
There are two common entry points into FHTM. The first option, Manager, costs $299.00. There is a second option that places someone into a position to receive immediate trainer income, called the "Trainer/Coach" position. Representatives have the option of beginning from Manager, and have the option to upgrade to Trainer/Coach at any time of their pleasing. The Trainer/Coach position likewise costs $299.00, in addition to the Manager option, aslso at the same cost. Click here to learn more about the compensation plan at FHTM.
A Trainer/Coach can instantly earn his income doing personal training of anyone in the downline, paid $40 per manager trained, so all that's required to recoup that investment is to successfully train eight managers!
After completion of Certified Regional Training school, $80 is paid for every trainer that they train in their downline organization. A variety of overrides and bonuses are available as one moves up in rank through the positions of Regional Manager, Executive Manager, National Manager and Presidential Ambassador. FHTM even provides a platinum car program that permits its representatives to earn a new Lexus automobile every three years.
Using a stair-step breakaway plan similar to that seen in the insurance industry, star performers will break away to strike out on their own. To counter this expected attrition, you must always be recruiting new business leaders.
The Leadership Team of FHTM
Paul Orberson is highly experienced in this industry of network marketing, and in the 1990s became a multimillionaire in his work as a distributor with Excel. He remains hands-on with FHTM, involved deeply in its daily operations. Continually growing, on a typical day, FHTM earn 400 to 500 new representatives.
Tom Mills, formerly a high school coach, is the CEO at FHTM, and Laura McDonald is its director of marketing and promotions. Additionally, Paul Orberson's son Jeff is a vital member of FHTM's executive team.
The Financial Resources of FHTM
As stated earlier, from Day One, FHTM has been debt-free, and is as stable as a company gets after ten years in the business. Neither is it subject to the vagaries and whims of the stock market, having no holders of share or stock. The company is flush with operating capital and is unchallenged by financial issues.
FHTM's Story
President Orberson identifies three elements that give FHTM its unique standing in the field of network marketing: 1.) No shareholders to interfere with efficiency. 2.) No debt, not one dollar, not one penny. 3.) A highly diverse range of products and services to offer to the customer. He's proud to say that FHTM was crafted for the purpose of assisting regular folks to improve their lives and finances, with entry-level costs of under $300.00 within the grasp of most people seeking a legitimate opportunity to start their own business.
What is the training like?
The FHTM training is fairly generic, "one size fits all," and really doesn't teach enough Internet-specific marketing strategy, which can be a frustration. Therefore, a new representative would be well-served in using a third-party marketing system, perhaps the Jonathan Budd Seven-Figure Networker System.
What's the skinny on this? Tell me the pros, and tell me the cons.
Pros: This is a long-established company, staying on the cutting edge of consumer demand, so it's a sure bet that there is strong existing leadership and vision. Orberson has an undeniably wildly successful track record in network marketing.
Cons: Well, there's the money, of course. $300.00 is reachable for most people, but not easy to pay, but it goes deeper, because there are unfathomable nickel-and-dime start up costs that can go far deeper than that initial $300.00 outlay. The cost may be an issue to you, but it could be difficult to sell to people you wish to bring into the business.
Lastly, as mentioned earlier, the training isn't all it can be. While emphasized heavily, representatives report that the training remains weak. So among those start-up costs, you should figure on a third-party system like Seven Figure Networker to get your business off the ground.
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