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Will You Add? - Network Marketing Compensation Plans Are Stupid
Now days, most people do not start a job with the knowledge or belief that they will be doing the same job for the rest of their life. As technology and the way we work changes, many people expect to have several job or career changes during their working life. So how you decide as to which job or career is the one for you? or not you understand the intricacies of the compensation plan.
If you blindly join a business opportunity today and then you bring in 100 people tomorrow, then guess what...YOU'RE GETTING A CHECK!
But...
If you join a company, and you understand all of the intricacies of a the compensation plan but you don’t bring in a single person then guess what...YOUR NOT GOING TO GET A CHECK Be Careful Where You Get Career Advice
Most of the advice you receive on career advancement will come from people who have ulterior motives. Some of them even have an interest in seeing you do something that will benefit them. Objective career advice is often elusive. Let’s look at some of the most common places people receive career advice and assess their objectivity
I've had numerous debates with some very smart people and all they want to do is talk about the importance of compensation plans
They always talk about how a lot of thought goes into compensation plans and how a proper compensation plan is vital to a company’s growth and longevity.
Blah, blah, blah, blah blah....
Now please understand that I am not disagreeing with those who take this position. There is A LOT of truth in what they are saying.
My point is simply this.
Making a compensation plan that is super-complicated is not conducive to getting people in the business.
Here's Why
Most people don’t understand a 4x7 forced matrix with roll-up and compression with a 1-up bonus structure that pays infinity bonuses down to 12 levels. It takes a PhD to understand that as long as you've achieved diamond status and have 6 members with platinum status below you then you're eligible for the override bonuses on the 16the level...assuming of course you've met the BV and PV requirements.
Instead why don’t we just say...Get 4 who get 4 who get 4...and so on....and when this happens you'll make a boatload of money.
Let me put it another way.
Do you understand everything there is to understand about electricity?
But are you willing to flip the switch and get the light when it comes on?
Here’s the HARD CORE SIMPLE TRUTH of the matter.
If you can effectively grow your downline then you will get checks in your mail-box. Your income will grow regardless of whether or not you understand the intricacies of the compensation plan.
If you blindly join a business opportunity today and then you bring in 100 people tomorrow, then guess what...YOU'RE GETTING A CHECK!
But...
If you join a company, and you understand all of the intricacies of a the compensation plan but you don’t bring in a single person then guess what...YOUR NOT GOING TO GET A CHECK
"An expert is someone who lives more than 50 miles out of town and wears a tie to work." - Bryce's LawINTRODUCTIONThe need for outside contract services is nothing new. IT-related consultants have been around since the computer was first introduced for commercial purposes. Today, all of the Fortune
My point is simply this.
Making a compensation plan that is super-complicated is not conducive to getting people in the business.
Here's Why
Most people don’t understand a 4x7 forced matrix with roll-up and compression with a 1-up bonus structure that pays infinity bonuses down to 12 levels. It takes a PhD to understand that as long as you've achieved diamond status and have 6 members with platinum status below you then you're eligible for the override bonuses on the 16the level...assuming of course you've met the BV and PV requirements.
Instead why don’t we just say...Get 4 who get 4 who get 4...and so on....and when this happens you'll make a boatload of money.
Let me put it another way.
Do you understand everything there is to understand about electricity?
But are you willing to flip the switch and get the light when it comes on?
Here’s the HARD CORE SIMPLE TRUTH of the matter.
If you can effectively grow your downline then you will get checks in your mail-box. Your income will grow regardless of whether or not you understand the intricacies of the compensation plan.
If you blindly join a business opportunity today and then you bring in 100 people tomorrow, then guess what...YOU'RE GETTING A CHECK!
But...
If you join a company, and you understand all of the intricacies of a the compensation plan but you don’t bring in a single person then guess what...YOUR NOT GOING TO GET A CHECK Seven Tips to Bring You and Your Staff to Their Full Potential
Possibly, the greatest untapped resource in any organization lies in its employees. These days, “giving 100 percent” is not enough to get ahead; you need to become more effective in unlocking your staff’s potential strengths, creativity, and resourcefulness. The best companies have the best people, and the top people are those who t
Instead why don’t we just say...Get 4 who get 4 who get 4...and so on....and when this happens you'll make a boatload of money.
Let me put it another way.
Do you understand everything there is to understand about electricity?
But are you willing to flip the switch and get the light when it comes on?
Here’s the HARD CORE SIMPLE TRUTH of the matter.
If you can effectively grow your downline then you will get checks in your mail-box. Your income will grow regardless of whether or not you understand the intricacies of the compensation plan.
If you blindly join a business opportunity today and then you bring in 100 people tomorrow, then guess what...YOU'RE GETTING A CHECK!
But...
If you join a company, and you understand all of the intricacies of a the compensation plan but you don’t bring in a single person then guess what...YOUR NOT GOING TO GET A CHECK Rental Companies Have Record Year
2005 proved to be a very good year for the rental industry. Several
companies showed record earnings and revenues last year. Caterpillar,
H&E, Ingersoll-Rand, and JLG were among the leaders in earnings.Caterpillar, Peoria, IL, had record profits and revenues in the third
quarter. With revenues of $8.98 billion and profike a boatload of money.
Let me put it another way.
Do you understand everything there is to understand about electricity?
But are you willing to flip the switch and get the light when it comes on?
Here’s the HARD CORE SIMPLE TRUTH of the matter.
If you can effectively grow your downline then you will get checks in your mail-box. Your income will grow regardless of whether or not you understand the intricacies of the compensation plan.
If you blindly join a business opportunity today and then you bring in 100 people tomorrow, then guess what...YOU'RE GETTING A CHECK!
But...
If you join a company, and you understand all of the intricacies of a the compensation plan but you don’t bring in a single person then guess what...YOUR NOT GOING TO GET A CHECK How to Respond to Impossible Requests and Amazing Ideas
Here's what to do if someone makes an amazing request.1) Just agree. If someone offers a suggestion, comment, or complaint, say, "Thank you. I'll note that and tell my boss." Never attempt to explain why the idea won't work because this will start an argument. If appropriate ask for clarification or suggestions on how to impl or not you understand the intricacies of the compensation plan.
If you blindly join a business opportunity today and then you bring in 100 people tomorrow, then guess what...YOU'RE GETTING A CHECK!
But...
If you join a company, and you understand all of the intricacies of a the compensation plan but you don’t bring in a single person then guess what...YOUR NOT GOING TO GET A CHECK
It's pretty simple if you ask me.
So my suggestion is this.
If a company feels it necessary to have a complicated compensation structure then that’s cool. But from a marketing/recruiting standpoint my advice to you is to simplify the whole thing and just tell people:
"Hey...if you can get X people and those people can duplicate your efforts then you'll make X-thousand dollars a month"
Remember -- Keep It Super Simple.
If you try to explain a complicated compensation structure to a prospect then chances are that you'll confuse them.
And in Sales training 101 it states that- A confused prospect NEVER buys!
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