To Your Success,
Ron GreenbergIf you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
It’s Just Simple Mathematics
Before anything else, you must put yourself in the best possible position to achieve MLM success.
In network marketing, how do we make our money? Well, we make our money based on people using our products or services, right? And the more people we have using our products or services the more money we make.
But the key to understanding the compensation plan is knowing how many people you will need in your down [...]Before anything else, you must put yourself in the best possible position to achieve MLM success.
In network marketing, how do we make our money? Well, we make our money based on people using our products or services, right? And the more people we have using our products or services the more money we make.
But the key to understanding the compensation plan is knowing how many people you will need in your downline to make that income that you'd like to make.
Ask yourself…How much do you make per distributor? and divide that into your desired monthly income. That will tell you how many people you need to make that amount of money each month. Then ask yourself….Is this do-able for me? and how long will it take me? You just may be surprised at the answers you get!
Here's an example. Let's take a round figure - let's say $5.000. a month. So ask yourself, in this business how many people do I need actively ordering the product every month to make $5,000. a month?
Most people just hear that someone in the upline is making $10,000, $20,000 or more a month and they think they can do the same thing.
Well the reality of this business today, if you average it all out you'll realize that for an individual to achieve $5,000. a month they have to have a team of about 1,000 to 1,500 people actively ordering product every single month.
How likely is that to happen for most people?
Now,imagine this - On account of this information I was able to align myself with a business where I need less than 200 people to make $5,000.
Whose got a better chance of success? Somebody who needs 1,000 to 1,500 people or me who needs less than 200 people?
So I have to ask you; "Would you accept a job and work for months and not know how much you got paid?" Obviously you wouldn't do that, so would it be okay if you learned how to crunch the numbers on any compensation plan, including your own?
If you have not yet reviewed your compensation plan and fully understand, I recommend that you do so NOW so you can easily determine if the business is worthwhile or if it's really just a waste of your time.
If you don't understand let me know and I will review it for you. It’s time to get educated
To Your Success,
Ron Greenberg
To Your Success,
Ron GreenbergPrevious post: Red Flags Ahead? – Let’s Look At The Facts!
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