The chance is that if you've been around this planet for
more than 18 years, you've been approached by people who
had the "absolute opportunity of a lifetime!" Yes, I'm
talking about a Home Based Businesses.
My name is Richard van Beek, I've been in the MLM business
for a while, and I've seen a lot of good people with good
motivations get squashed by this industry. If you're
anything like most people in Network Marketing, you have
spent a lot of time, money, and energy trying to get your
business going.
Most distributors get involved in the MLM industry because
they think it's going to be a piece of cake to earn a ton
of money. They hear things like "oh, you don't have to talk
to strangers...in fact, you don't have to talk at all! You
just have to find 3 motivated people, and they can be
people you already know! Just give them a DVD and a sample,
and they will just walk right into business with you". This
is one of the big reasons that many people fail with mlm.
But what happens when you go tell a friend or family member
that they can make tons of money with your business? Their
first question will likely be "how much money have you made
with this business?" And unless you have made a ton of
money, you will have to honestly answer "not very much".
Then, your credibility is shot, your prospect tells you to
take a hike, and you're left holding your free sample and
your DVD, wondering what went wrong. You might be an expert
in your comp plan, your opportunity, and even your
product... but have you been trained to be an expert in
marketing?
People buy expertise and leadership, and so do companies,
even MLM companies. These leaders will then teach you to
make lists, chase your friends and family, and do those
silly 3-way calls to up-lines because it helps you help
them to grow their business quickly. They know the
'average' person has no business even being in business,
and no experience to make it work.
Do you ever wonder why those compensation plans for your
business are so complicated? The concept of breakage is
used by tons of different businesses to extend their
profitability, but it's risky, and it's complicated, so it
requires some real thought and preparation. To understand
your MLM or home-based businesses compensation plans and
why they pay that way, it might be easier to look at other
industries that use breakage.
What would happen if suddenly everyone in a risk category
started living much shorter than the actuaries had
calculated? The insurance companies would go broke!
Fortunately for all of us, that doesn't happen very often,
but it caused major problems after hurricanes. Insurance
companies weren't prepared, by any stretch, for that kind
of payout in that short of timeframe.
Your MLM compensation is set up the same way. The reason
they are so complicated is to protect the profitability of
the company. If everyone started going to the top, if the
success rate suddenly went up by even 20%, twice as many
MLM companies would go broke over night.
In conclusion, I like MLM very much and I do market a
company, but what I like most is business where you get
paid directly for your efforts. The compensation plans are
really simple and understandable and for most of all much
higher in commissions than all the MLM-companies. If there
is even a matching override bonus into the plan, now that's
what it's best.
----------------------------------------------------
Richard van Beek invites you to visit his make money now
website for one of the most exciting opportunities you will
ever find. People from all walks of life are making money
online without previous internet experience. Please go here
now to learn more: ----> http://JoinTopMarketer.com
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