Before I take you there, I should mention a few things.
There are a lot of factors, which can result in the success or failure of your company.
The Compensation Plan is not completely about the numbers.
It actually plays a major roll in the atmosphere and purpose which radiates from you to others.
If you propose a compensation plan that benefits people with 'Spill', a few steps away from your lips and it is viewed as benefiting for sitting and waiting for the upline... YOU, to give them spill. Get in now and get the spill which our top leaders are going to give us!
Sound familiar? Go register for well-fare and food stamps and wait for the Government to give us everything we want...
Mean it or not, that is the atmosphere which you generate. Just like the Government systems are delivered with good intentions, the resulting atmosphere is completely different. Seldom do you see motivation to stand up and work hard, when waiting for Government assistance.
The Matrix has been around for a long time. Few have understood why it is such a challenge. It sounds great by the numbers... if it fills, I earn cha-ching! But the atmosphere is the kicker.
Now, make it a recycling matrix and you've ramped up this do-nothing atmosphere 100 times.
My friends, honestly... if you are going to build an MLM or Direct Selling Business, you need to market real products and services to real people. If your compensation plan entices people to join, for timing, placement, or easy rewards, the message and passion of your product is never delivered. It quickly turns into a recruiting scheme, leading to a train-wreck.
If you want to start an MLM, get SERIOUS!
Real Products and Services to Real People.
Feel free to call me directly. 888-221-0106, ask for Scott.
I would be more than happy to hear your business ideas and direct you to a MLM Software System that will serve you best.
I've posted a deeper discussion on the subject, at another blog address, and wrote a book, which is currently available by pdf. The book is very affordable, $99.95
Check out the table of contents below to see what is covered.
The link: http://howtostartanmlm.com/buy-the-book-how-to-start-an-mlm/
The Table of Contents:
To help understand the depths of this book, here is the Actual Table of Contents of this 60+ Page Book!
History of MLM, Network Marketing and Direct Selling
Saturation Never Happened, Why?
Key Elements on How MLM Works
So, How Do I Start an MLM?
How about some straight Answers
The StartUp Outline – Doing it RIGHT
MLM Consultant
Free Consultation
Secure a Consultant
MLM Software Development/Deployment
Overview
Back Office
Dashboard or Landing Page
Shopping System to Display Products
Product Management
Sales Management
Sales Tools
Checkout and Gateways
Sales Tax
Pages to Explain Company
Front Page
About Us Page
Testimonies Page
Opportunity or Compensation Page
Compensation Plan to Calculate Commissions
Comp Plan Selection
Weighing Risk
Compensation Plans – General Differences
Overview of Primary Differences
Compensation Plan – By the Numbers
Binary
Matrix
UniLevel
Party Plans
Extended Bonuses
Terms and Conditions
How may I Access and Use your Site?
Policies and Procedures
Your Policies State Specific Actions
Privacy Policy
Your Privacy Policy
Spam Policy
How Will You Handle Spam?
Registration Process / Joining Options
How Do I Join? How Much?
Company Setup
Which Corporate Entity?
MLM Attorney
Do You Need One? – Yes
CPA
Your Financial Advisor
Entity Creation
Let’s Form our Company
FEIN Number
Federal Employer Identification Number
Sales Tax License / State(s) Registration
Collect and Pay
Office
The Brick and Mortar Representation of our Company
Warehouse
More Important than Office Space
Financial Preparation
Get Your Money in Order
Bank Accountant
Corporate Bank Account
Merchant Accounts
MLM High Risk Merchant Accounts
Investors
I Want to Raise Million Dollars!
Products and Services
Real Products and Services
Product and/or Service
No Inventory, Less Overhead, Greater Profit
Commissionable or Not?
I Want to Pay Commissions on Monthly Back Office Fee!
Warehousing
Do I Inventory Product or Not? Do I Want the Overhead?
Advocates – Your Sales Team
Independent Sales Representatives, Distributors, Consultants
Mass Marketing
Wild West Marketing Tactics
Soliciting Leaders
Don’t Do It!
Moving Downlines
Don’t Even Imagine this to be possible!
Building Your Sales Team
Keep a core focus on the Products and Teach others to do the same
Training
Training should always be about the Product or Service
Events
The Magic Pixie Dust
Consumers
Your Primary Target
Mass Marketing
Wild West Marketing Tactics
Passive Consumers
The Public Time Buyer
Recurring Consumers
Monthly Autoships
Passionate Consumers
They Love our Products!
Engaged Consumers
The Noisy Customers!
Converted To Sales Team
Soft Conversions are the Easiest
DB MLM Software
Compare Features
Managed Hosting Options
Additional Information
MLM Industry Terms
Educate Yourself
Closing Credits
In this book, the author provides over 20 years of experience, in working with Start Up MLM’s. Literally, weeks of one-on-one consulting, provided in this book. Over $20,000 in Consulting Value.
Sincerely,
Scott H Leonard
888-221-0106
info@inspetta.com
