Multi-level marketing (MLM), also called network marketing or referral marketing, is a marketing strategy for the offering of products or services where the revenue of the MLM company is derived from a non-salaried workforce offering the company’s products/services, while the earnings of the participants are derived from a pyramid-shaped or binary compensation commission system, veterans have championed this marketing strategies and earned multi-millions at the comfort of their homes.
Chinny Effiong is one of those women leading and setting the pace for thousands. Chinenye James-Effiong, also known as the Pacesetter. As an entrepreneur, team lead of The Pacesetters Club with over 45,000 members across the world, a Plan B advocate because she strongly believes that everyone, especially employees, should have an extra income source(s) and fortunately, she has helped thousands of people create a viable one.
Having worked in the corporate sector (the banking industry for over 13years) Chinny has served in several exciting roles and job functions like corporate banking, commercial banking, and amazing roles like that of the relationship manager and a branch manager.
Yes! I am stunned that she voluntarily resigned from banking on the 3rd of July 2019 – about one year now.
The greatest advantage of an MLM Program is that it gives you an opportunity to enjoy residual income just like those companies do. When the initial effort of getting a new customer is completed, you can enjoy the residual part of that business relationship.
Starting from when she built this part time, in an interview she had this to say, “it has been fulfilling. First was the fact that I started earning income outside my salary. This was my first success story. Though it started small with like N20k etc weekly, I knew I was on the right path to financial freedom, as I continued to build, it kept getting better until I started earning up to my monthly salary as my weekly bonus from my first 2 years, then it outgrew my salary subsequently and even doubled it and more.
Next, I started qualifying for all expense paid trips in my first 7 months of coming on board. It started with an all expense paid trip to the USA in 2016, then China, Dubai, Kenya, South Africa and other countries of the world, until I lost count of the slots of all expense paid trip I had qualified for within my immediate family ( my husband and children inclusive).
Next was the cars. I got my first brand new car (Hyundai Elantra 2016 model) in my 1st year of starting my side business. I got a second car qualification in my second year,our daughter also joined in the car qualification in that same year.
Then we added 3 more car qualifications in our 3rd year making it 6 car qualifications within my family before I left the bank last year. We have also added 5 more cars in our 1 year of going full time as every member of my family all got cars including my Husband and 3 Children during the 2019 car promo which ended in 2020.
While building this side business part time, I grew to become a Star Director with Longrich, and this came with lots of amazing benefits including a scholarship slot for myself and our children.
I birthed a team of achievers called the Pacesetters club and we have produced lots of achievers within the team who have gotten all these benefits I have mentioned too within a short space of coming on board. This I would say is the most significant milestone achievement of my entrepreneurial journey, so, I like to call myself a ‘retired banker’ (laughs).
This exit was facilitated by my decision to join an entrepreneurial platform in 2015 and to build it side by side my full time job. I did this for over three (3) years until my passive income outgrew my corporate employment salary.
I am humbly decorated as a two star director with this platform, Longrich Bioscience Int’l.
And yes! I am happily married with 3 lovely children (laughs)”
In one of her multiple conferences and interviews she often puts that the basic key to be a success in network marketing are:
1. You must first have the right mindset
2. You must choose the right company.
3. You must choose the right business mentor.
4. You must Have the right expectations.
5. You must choose the right people.
6. You must be dedicated
Not so many who already have a job are ready to take this huge step to financial freedom. What’s the best time to take this step? She had this to say:
The best time to activate your Plan B is NOW. While you have your job or primary business , now is the best time to start your journey. I advise everyone to start NOW.
Longrich Bioscience Int’l has been a rock solid platform for me and family. I found the blueprint and amazingly.
Chinny Effiong is glad to inform the general public that she’d be launching her website; www.chinnyeffiong.com and YouTube Channel; Chinny Effiong to help individuals find their footings on this exciting reality.
You can connect with Chinny on Facebook, Instagram and Twitter at (@chinnyeffiong)