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Best MLM Compensation Plan?
Aug
10

MLM Compensation PlansThere was a brief discussion over at NPROS earlier this summer about compensation plans. There wasn’t much “beef” to the discussion and it quickly turned into a “my company has the best plan” type of thread, but I think it’s a great discussion, and probably something we should spend some time discussing here at MLM Opinion.

In a nutshell, I think people spend too much time focusing on compensation plans. Daren Falter spends a lot of time discussing the different types of plans in his book, and I know a lot of his videos are on YouTube. I suggest you spend some time and watch the different videos which he has placed on there (I’ll add several of them to my site also).

Ok, let me clarify the above statement. Yes, your company’s compensation plan is important. However, even the best comp plan in the world won’t make you any money once you hit your “warm market wall” and run out of people to talk to. What’s why it’s critical that you’re using some cutting-edge lead generation strategies to build your own list, and to then learn how to monetize your list so that you can pay for your own advertising.

Furthermore, there are several “gimmick” plans for example the straight-line (linear) comp plan which I would recommend staying away from. Outside of that, as long as your company us using a time-tested legitimate pay plan, you’re going to do fine.

My recommendation is to spend some time learning about the different pay plans, then make sure your company is using a plan that is a “tried and true” plan, and then run with it. If you’re looking for a way to generate more leads, check out this free system.

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