There are so many different MLM Compensation Plans, but who really had to tell you that? Which plan is best for you? Well consider this….Prior to joining any MLM Company you should be able to answer that question before signing on the dotted line. Anyone interested in MLM needs to know how to make the best choice for best results. Weigh your choices to find out which is a heavy weight.
You should know exactly how much you will get paid and how hard you will have to work to get paid. That way, there is no confusion or misunderstanding. It is however my opinion that you should educate yourself about the different types of comp plans FIRST, figure out the structure of the comp plan from company to company, simply because each will be different in some regard. For instance how many you will need to sponsor or recruit and how much volume will you require before seeing any commission.
And remember that being in LOVE with a product does not pay you. Loving a product will never bring you long term financial freedom…fall in love with a good compensation plan. But don’t fall in love with the first one you date. Really check them out and seek advice from someone who does understand compensation plans.
Choose a MLM Compensation Plan first, and then find a company that pays you the MOST for the least amount of work. For instance if you are in a company that requires you to have a team organization and active customer base of 2700 for you to see a commission check of $10,000.00 a month and another company only requires 400 team members and active customer base to make the same $10,000.00…which comp plan is really the best in this case?
With a Binary MLM Compensation Plan, you get to build two legs. (Like this is some kind of feather in the company corporate hat for this comp plan.) In other words, to be brutally honest, you are limited to two people on your front level. Once you sponsor two people, you are forced to place everyone else under them in your downline. Remember also that you normally get paid on your weakest leg. Market America and many other companies use this compensation plan.
Your real success formula is to find a great compensation plan that pays you for ALL your efforts not just half, and pays you whether you sponsor anyone or not. Such huge challenges should not face you as you a build your business. A good comp plan would pay you even on your own product purchases regardless of your ability to sponsor into your organization. Find that compensation plan and company and then stay with them for a long period of time. That’s what most top earners do. Most successful MLM distributors have been with their current company long term…3, 5 10, 20 and even 30 plus years. If you want to make the big bucks you will need to do the same thing.
Commit To Success Today
Dave and Darlene Mills
Leadership With A Vision
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Vision without action is merely a dream. Action without vision just
passes the time. Vision with action can change the world. Joel A. Barker Vision without action is merely a dream. Action without vision just passes the time. Vision with action can change the world. by Joel A. Barker
Dave and Darlene Mills are the authors of Dave and Darlene Mills-Network Marketing Shouldn’t Hurt This Much and MLM Dream Stealer Clauses-Make Sure Your MLM Dream Is Protected They have been in network marketing and direct sales industry (in the past) for 12 years with one company (offline) and now online with a company for 3 years.