Wednesday, June 22, 2011
MLM Compensation Plans - Finding One That Will Pay YOU Residual Income!
It's not a hard thing to do, YOU must take the time and crunch the numbers of the compensation plans.
By doing this, you will learn how many people you need to make your desired amount of residual income. Many people will join a company that requires you to constantly sponsor people in, and therefore it is impossible for you to retire. After all the goal of starting your home based business is to have freedom.
The word "FREEDOM" has a different meaning for some people. To some it can mean, being free from debt, and to others it can mean being able to travel when you get that urge. In either case, it is truly awesome when you have freedom.
I am seeing a lot of FORCED MATRIX compensation plans on the internet, and what the companies want people to believe is, they get in and that other people that come in will be forced in under them. How can that be, because everyone who joins is waiting on the matrix to work, and they do nothing but get their 2,3,or 4 people in. You see that's the thing here, no one is doing anything. It will not work if people stop sponsoring after they get 3 or 4 people in, or if a person can't sponsor anybody in. They become frustrated and quit altogether. It never will happen, because now YOU will have to replace that person who quit. Now just imagine if this happens to often. You see the problem you have. These types of plans calls for constant recruiting, and what that means is NO RESIDUAL INCOME!
They were told that people will be forced in under them. That's a BIG FAT LIE!
People fall for this one a lot, and it's really sad. There is work involved and every one has to do it. There is no such thing as something for nothing. These types of plans are being perpetrated all over the internet, and then they have the audacity to tell people. "It only cost $2.00 one time, and you will make $5,000 a month." Baloney! Who in their right would fall mind for this crap. Well I can tell you a lot of people are falling for it.
Don't get me wrong, there are people that like this sort of pay plan. But 85% of the population do not like to be constantly sponsoring. It's just not a win-win for all parties
There is help for you. YOU can learn how to evaluate MLM compensation plans, and many other skills for you to be successful in your home based business.
I encourage you to make a decision to be come educated about network marketing compensation plans, so that YOU will not become a statistic for scammers on the internet. These scammers are everywhere and they don't care about you at all. I highly recommend that you look at the video below and learn from my good friend and mentor Michael Dlouhy. He has well over 30 years experience in network marketing.
I know you picked up some great nuggets from it, now
CLICK HERE ==> Learn More About Compensation Plans Now!
On tomorrow when you return I will be talking about the Binary compensation plans. I look forward to you coming back for this post. It will be an eye opener for you as well.