Will Tiny MLM Paychecks Keep You Happy?
- Author Brian Magnosi
- Published September 15, 2010
- Word count 330
Over the past few years I have seen a common flaw in 99.9% of all mlm compensation plans and it is this: Most network marketing companies pay tiny little $5, $20, or $50 payouts to their affiliates and distributors. You may be saying 'what is the problem with that if I have 2,000 to 3,000 people or more on my team? I'll earn more than enough money.'
Unfortunately, for 99% of all distributors in the network marketing industry never make enough commissions to stay in business. That's a sad fact, but it is reality for the overwhelming majority on a small homes based business.
You see, most newbies to the MLM industry are relatively clueless when it comes to finding enough people to talk to for their business each day. And if you listen to top network marketing executives who tell you to just talk with your family and friends, or to start buying leads and cold calling, you will be in for quite a surprise.
While there is nothing wrong with earning a small payout for a large number of sales, the real problem lies in the fact that most people are never able to generate enough new sign ups for their business and end up shutting down within 90 days. Again, that is an industry statistic, so don't be alarmed by that, just make sure you do something about it.
What should most distributors do to build a profitable and sustainable mlm company? They should be looking for ways to find leads from alternative sources like the Internet. The beauty of using the Internet to find your traffic is that you will never run out of it.
Considering the fact that the Internet is growing by nearly a million new users every single day, the chances of being able to build a massive downline is very high.
So plug into some resources that will help train and educate you on how to harness the power of the Internet to build you network marketing business today.
Brian Magnosi believes that personal coaching and mentoring is the foundation for true success in any home based business. He teaches others how to apply proven success principles such as personal branding, attraction marketing, and personal development to explode their businesses. To find out how he can help you take your business to the next level, click HERE or go to:
www.BrianMagnosi.com
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