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

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Would you know the Best MLM Compensation Plan Ever if you saw it?

What would it look like?

Something Simple? That would eliminate most of the new ones coming out. They are hard to figure sometimes just how good they may be. The simple ones, they can be figured out easily but most people still miss a lot because they don’t know what to look for and how it affects them. But the simple one’s usually don’t look so great to us.

How about a particular type? Binary, uni-level and more? No, that doesn’t do it. You can make any of them great by doing the right things with them. They can all be made to be horrible too.

But what makes one the best? The best for you. Are you the superstar or the newbie part timer? Does it matter?

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written by Don Standard \\ tags: Best MLM Compesation Plan, MLM Compensation Plan, MLM Success, Recurring Income

Hey, how many retailers do we have out there?

I bet not many. People ask me all the time, “How do you retail product.”

There are three issues here.

1. Skills
2. Belief
3. Business Model

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written by Don Standard \\ tags: FortuneNow.com, MLM Business Model, MLM Compensation Plan, MLM Retail, MLM Retail Success, MLM Skills, MLM Success

You’ve seen it.

You see it every day on the internet.

You are witness to the Monster MLM Marketing Mistake daily.

And most of you see it, then turn around and duplicate it, and fail and wonder why.

Many of you were told by your leaders to make the Monster MLM Marketing Mistake. So now you think that it is your fault you are failing when it is really their misinformation causing you to fail. It’s not your fault and I can prove it.

Some of you just see everyone else doing it so you follow the leader without questioning if it really works.

So, what is the Monster MLM Marketing Mistake?

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written by Don Standard \\ tags: Duplicate, Marketing, MLM Compensation Plan, MLM Success, Proven MLM System, Relationship, Target Market

7 Questions To Know About Your MLM Compensation Plan

We asked the 7 Questions in one post. Then answered the first two questions in two other posts.

Time to answer question 3 now.

Question Three: Which team members do you get paid on, your “pay line”?

Great question and one that most people don’t understand. People just seem to think they get paid on their entire downline.

Let’s look at an example. In a unilevel plan you can build as wide as you want. There are no restrictions on width but they do have a restriction on depth, usually around five levels or so. For this example let’s just assume that there are no additional ways to earn recurring income. Of course in todays compensation plans there are many ways to earn which tends to confuse things even more. But in this simple plan you get paid on everyone in your first five levels. That is your payline. You make nothing on anyone in your downline beyond the fifth level, levels 6 to infinity.

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written by Don Standard \\ tags: 7 Questions, Mentoring For Free, MLM Compensation Plan, Pay Line

Internet MLM scams seem to be everywhere.

At Mentoring For Free, we teach people to avoid MLM scams and bad MLM companies. It is just a small piece of the valuable free skills training that we teach.

I am going to show you one of the simplest techniques to avoid being scammed.

All you have to do is some simple Google research. When looking at a program, just Google the program and the people running it as a scam.

Here is an example using BurnLounge. Your Google search would look like this.

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written by Don Standard \\ tags: Google, Mentoring For Free, MLM Compensation Plan, MLM Scam

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