MLM COMPASS – Direction To MLM Success; A Proven Duplicable System

Everyday it seems there is a new ground floor MLM Opportunity announced. Find your direction to MLM success with this new one of a kind business opportunity. We have a patented advanced compensation plan, a product used by over 200 million people daily in the US alone. And with our proven duplicable MLM system, no one will be left behind because we do 95% of the work for you.

Sound familiar?

Today someone asks me to check into this new ground floor MLM opportunity for them. Where do all these gamblers come from? Don’t they know that the failure rate for new companies is around 95% during the first two years. Already this guy could be looking at only having one chance in 20 of making it to the third year with his business.

Oh, but not this new ground floor MLM opportunity. These guys have been around since 1999. They adopted the retail business model for their product. It didn’t work, but you know what, the MLM business model is what they should have gone with.

Here is what I found out in a few short minutes.

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written by Don Standard \\ tags: Compensation Plan, Ground Floor Opportunity, MLM Business Model, MLM Success, Policies and Procedures, Proven Duplicable MLM System

The Five Laws of

Stratospheric Success

Law #2

The Law of Compensation

Your income is determined by

how many people you serve and how well you serve them.

This law is one that is well explained by Joe when he is first introduced to the law by Pindar and Nicole. When Joe says ”he thought it was unfair that movie stars, top athletes pulled down those huge salaries. Or how CEOs and corporate founders could marshal such gigantic earnings.”

This law is not about really how many people and the value but the impact you have on these people. So this way you have control of your compensation level.

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written by Penny Dude \\ tags: Bob Burg, Compensation Plan, Mentoring For Free, The Go-Giver

Two days ago on, 06/11/2008, I did a post called, “7 Questions To Know About Your MLM Compensation Plan”. On 06/12/2008, I answered question one.

Now we are ready to tackle question #2 and it is another big one.

Question Two: How many active people do you need on your team to break even after all expenses just from your recurring income?

I have found the most common break even requirements to be between 20 and 60 active distributors.

Think about all the people you have ever sponsored or even came close to sponsoring. How many of those people have ever built a team of more than 20 people?

The first reason you need to know the answer to this question is because the more active distributors that are needed for someone to reach break even, the fewer people will get there to become successful. The higher the number goes, the higher the turn over rate is.

From question one we learned that the average MLM compensation plan will require 2000 distributors to make you $10,000 per month. If everyone who joins your team is successful, then you need 2000 active distributors to earn $10,000 per month. But what if only one half or successful. You still need 2000 active distributors but you had to have 4000 people join to find those 2000.

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written by Don Standard \\ tags: 7 Questions, Best Chance For Success, Compensation Plan, Mentoring For Free, MLM Compensation Plan, Recurring Income, Relationships

No longer am I amazed by peoples lack of understanding of their chosen MLM company’s compensation plan.

What should you know about how your MLM compensation plan works? How many of these questions can you answer?

1. How many active people do you need on your team to earn $10,000 per month in recurring income?
2. How many active people do you need on your team to break even after all expenses just from your recurring income?
3. Which team members do you get paid on, your “pay line”?
4. What are the requirements to get paid?
5. What are the requirements to get paid on all of your potential pay line?
6. How much do you really get paid on retail sales?
7. How does that infinity bonus work?

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written by Don Standard \\ tags: 7Questions, Compensation Plan, MLM Compensation Plan, Pay Line, Recurring Income