A myth is something many people believe to be true, but it’s not. Sometimes if you believe a myth, you can get hurt.
Compensation plan myths are especially dangerous, because they can lead to poor business decisions that can kill or wound your company. In this video, I will share 6 of them with you.
Myth #1: Simple Is Better
Myth #2: Most People Will Recruit
Myth #3: I Should Borrow Another Company’s Plan
Myth #4: I Should Build My Own Plan
Myth #5: I Should Patent My Compensation Plan
Myth #6: Matrix Compensation Plans Are Good
The best way to prevent these and other compensation plan myths from endangering your company is to hire an MLM compensation plan expert to review or design your compensation plan.