The “Best” MLM Compensation Plan – MLM Tip #26

September 1, 2013

MLM Tips & Training

So you are looking for the Best MLM Compensation Plan, eh? Well – I hope to give you some information may change the way you approach your MLM company-choosing process.

 

“I Want The Best MLM Compensation Plan…!”

There is no argument, having a strong network marketing compensation plan will help you earn more income. That is fact.
Do they get paid 5%? 10%? 50%? Or 100%? These are big questions, aren’t they? Of course they are. The more that you’re company pays for a distributor, the more money you can make. And, rightfully so, any business owner would love to have more compensation. ¬†High compensation tends to attract people – but unfortunately, it attracts some of the wrong types of mindsets.

There are a lot of entrepreneurs who simply base their company-choosing-process on the compensation plan that they offer. This is a practice that in my opinion, should be avoid.

As a side note, there is no doubt in my mind at any entrepreneur looking to have success in this profession needs the proper MLM Lead Generation system. Without lead, you are dead in the water. I can promise you that. Get your hands on the only training that I recommend.

 

What Types Of MLM Comp Plans Are There? Best MLM Compensation Plan

There are unilevel, binary plans, bilevels, Cross-lines, down lines, up lines, unlimited, stair-step breakaways, all forms of the matrix (and there are more, LOTS more…); you name it and it has most likely it has been done before. If there was a best compensation plan out there, wouldn’t everybody be in that one company? Of course Don’t get too caught up in the fancy names, either. The reality is that there is more to choosing a company than just simply the distributor pay-out.

 

How To Properly Choose A Company – Not Based On The MLM Compensation Plan

I strongly believe that we should choose a company based on passion. We should analyze what it is, in this world, that we truly enjoy and can get passionate about. Once we have analyzed a potential list of companies that fit our passion, then we can go in deeper and determine which company has better compensation plans, better vision, better training, better tools, and better leadership. These are the key fundamentals to a strong network marketing opportunity. If the company that you have chosen lacks one or more of these fundamental properties, chances are, the company will go out of business. Understand, only about 60 MLM companies have ever made it to 10 years in business (as of the time making this post).¬†Seems pretty scary when you look at it that way. When you reputation is on the line; it’s important to be selective – and not just pick any company that claims to have the ‘best’ MLM compensation plan.

Happy hunting!

If you don’t have enough leads for your Network Marketing business – you are missing some key steps. www.How-To-Sponsor.com is your best friend. Go there. Opt in. Learn from the leaders! Thank me later.
“If you really want to do something, you’ll find a way. If you don’t, you’ll find an excuse…”

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Brock Blohm

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2 Responses to “The “Best” MLM Compensation Plan – MLM Tip #26”

  1. Holly Says:

    Interesting timing. I just did a post (infographic) on this myself. I’ve gone more from the perspective of analyzing a company, but 100% agree with your thoughts that passion is key.
    Check out my latest post…?{Infographic} How to choose a network marketing companyMy Profile

    Reply

    • Brock Says:

      For sure.

      Passion is what fuels the fire. If we are simply ‘just in it for the money’, people see that from the outside looking in. Not a good reputation to have.

      Not only that, this is not ‘get rich quick’. When people are in it for the money, they tend to quit rather abruptly. They realize that this is something that takes time, effort, and energy to build – most people want a quick buck – so they leave.

      Passion is critical.

      Reply

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