Activity requirements are vital because direct selling companies want their independent representatives to continue selling (and optionally purchasing for personal use) the company’s products and services. To understand more about why activity requirements are so important, watch our video. We recommend you take notes or take screenshots so you have something to reference back to…. [Read More]
For Your Success, Remain Teachable
Did you know that students make the best teachers? In the world of direct selling, you will always be teaching others. Always be open to learning more. Never stop learning. The more you know, the smarter you get. What if you could go somewhere warm and sunny where you could also learn more about how… [Read More]
How To Have A Successful Recruiting Culture
A direct selling executive once told me, “We don’t have a recruiting culture.” What exactly is a recruiting culture? The simple definition is a high rate of early recruiting. To have a recruiting culture, a company must do several important activities well. Watch my video to learn about them. Who Are Your Recruiters? In some direct selling companies,… [Read More]
What’s First? Compensation Plan Or MLM Software?
Compensation plan or software first? You need them both, but if you have neither yet, which should you acquire first? The answer may surprise you. The sequence matters. Which Is It? Watch the video below to learn the best answer to this question. If you contract for MLM software before your compensation plan has been designed, you… [Read More]
Developing A Good Compensation Plan
The most expensive part of running a direct selling company is the compensation plan. If you pay out too much, you will go bankrupt. If you pay too little, your network will evaporate. Either way, if you get it wrong, you are in a great deal of trouble. There are 12 keys to a powerful… [Read More]
Is Your Compensation Plan Meeting Your Expectations?
If you quickly answered “yes”, are your expectations appropriate? If you answered slowly or not at all, perhaps you’re not sure. In this video, I will share with you some tips on how to evaluate the performance of your plan. This is important because your largest expense is field compensation. Getting the biggest bang for… [Read More]
When Is It Time to Improve Your Compensation Plan?
If your compensation plan isn’t producing the results you expect, you either need to improve your plan or lower your expectations. No one wants to lower their expectations; that’s like giving up. There is a better way. Start by watching our video to learn the four reasons to improve your compensation plan. As you watch,… [Read More]
Compensation Plan Prototyping
“Prototyping” is the term that I use to describe the process to calculate the results of a new compensation plan using historical data. The historical data will include multiple sets of one or more genealogies and the transactions upon which compensation will be paid through a different compensation plan. In addition to calculating compensation over… [Read More]
Is It Wise To Use Another Company’s Compensation Plan?
If you are considering using another company’s compensation plan, exactly the same or with a few changes, you need to watch this video. Watch And Learn As you watch, ask yourself the questions listed. We think you will be surprised by what you discover. 8 Common Compensation Plan Mistakes Too High-Rank Qualifications In setting… [Read More]
Binary Compensation Plans
The binary compensation plan is one of the most popular multilevel compensation plans used today by new companies because it does what no other compensation plan type can do, and that is, it pays the upline on an unlimited number of levels of downline volume. In a binary compensation plan, sales volume is accumulated from… [Read More]
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