What Does A MLM Compensation Plan That Pays Part-Timers Look Like?

The fourth of the 5 Pillars for Success in a network marketing company is a compensation Plan that pays part-timers. But what exactly are the qualifications for this kind of comp plan?

Let's look at some network marketing industry facts.

1. 95% of any team in a MLM business is building it part-time
2. A fair compensation plan pays the most amount of money with the least amount of team members.

I know what you're thinking, "But there's so many different comp plans, and they all look like Greek to me. Is there an easy way to spot these qualifications?

Say hello to my little friend ... The $10,000 Question.

To cut through all the confusing compensation plan qualifications and achievement levels just ask, ”How many team members would it take to earn a $10,000 check?”

The $10,000 question gives you the answer quickly and easily. Here's how it works. Just divide 10,000 by the retail commission amount per item sold. The result is the number of team members required to earn a $10,000 monthly check.

Example:1

Let’s say a product earns a $2.50 commission per unit sold.
$10,000 (monthly check) ÷ $2.50 (commission) = 4,000 (team members buying 1 item per month)

Example:2

In this case the commission rate is $20.
$10,000 (monthly check) ÷ $20 (commission) = 500 (team members buying 1 item per month)

Which do you think is easier to build, a team of 4,000, or a team of 500?

If 95% of your team doesn’t get a dime, then you will have a problem. Retention in a company is easiest when there is a fair compensation plan. Using the $10K question is the easiest way to see if compensation plan pays the most money with the least team members. If the final figure is out of reach for average people, then I would start looking somewhere else.

Bill Tessore

Finding Your Inner MLM Wizard

To reach the goals you want in network marketing, you've got to be a leader. To be a leader, you must have followers.For you to lead, somebody has to follow you. To have anyone follow you, they must see you as a leader. They must see you as the person who can lead them out of the morass they are in.

You Already Have A Head Start.

Why would anyone follow YOU? It's simple. You attract them because you believe in something. You are passionate. You are enthusiastic. Because you are a passionate, enthusiastic believer, that puts you way ahead of everyone else.

Do you believe that a passionate, enthusiastic belief can make the difference? A lot of people see it that way, which means you can be an MLM wizard. You have committed yourself to the first part of the "MLM Wizard Formula".

Are you wondering, "What chance do I have to be a leader?" I understand. If you stumble in the dark looking for the right path, how can you show it to others?

FACT: No leader is sure of every part of the path, but every leader believes he or she can navigate that path successfully.

The truth is, you are very, very close to being able to show that path to others ... even if you aren't quite sure of the footing yourself. All you need are a few skills (and, of course, total belief).

You Can Be The "Go-To" Person.

If you are someone who is coachable, and if you are willing to learn the skills, then YOU can be the star in your chosen MLM niche. You can be the #1 person people turn to when they can't do it themselves. You can be the hot leader for some group of people whose future depends on finding a model they can trust and follow.

If your goal is to achieve success in network marketing, then you MUST become that strong leader.

Look around. It's clear successful network marketers are leaders. To be a leader, you must have followers. People will only follow you if they see in you an unwavering belief that you can help them be successful. It's a primal instinct.

To have that belief, you must get rid of your inner doubt and conflicts.

That's the problem. You've gotten used to and become comfortable with some negative belief. In a way, it's benefitting you, and probably at the expense of a lot of other people. At the same time, there's a fight for your soul, a battle you can never win. And so long as that war goes on, it's pretty darned hard for you to get gung-ho about anything.

What do you do to take advantage of the good, pure belief you really need in order to lead a large group to network marketing success?

Hard to believe, it's simple. I didn't say "easy", but it is simple. The question is, can YOU do it? Stay tuned ...

I appreciate you,

Bill Tessore