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The Three Proven MLM Compensation Plans Part 4: Binary

This is Part 4 in a series of five articles. Note: It has become increasingly clear to me that it’s just as important for network marketing distributors to understand MLM compensation concepts as the MLM companies, themselves. Why? Because distributors invest their all into building a downline. The bottom line is if distributors understand MLM…

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Home Office Deductions–Truth vs. Myths

As tax time readily approaches, there is still time to determine how you’ll define your “home office” this year. It really doesn’t have to be that difficult if you take a little time to do your homework. So here are a few tax tips to consider during the next couple of months as you’re getting…

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Designing MLM incentives that work

If the commission plan is the meat and potatoes of an MLM company, the incentives and promotions are the dessert. Can a company live without these desserts, and should it? That is the $64,000 question that every network marketing company executive and sales leader has to ask themselves. “Give me enough ribbon and I will…

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Managing Hyper-Growth

Try to imagine 2000% growth in an MLM company in one year–going from $10 million to $200 million in sales! Hypergrowth refers to the phenomenon of the exceedingly rapid expansion of an organization. This kind of growth is not smooth but it is spectacular. In general, hypergrowth hits without warning and the organization is typically…

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Mass Recruiting vs. Personal Touch Recruiting

Mass recruiting vs. personal touch recruiting is probably the most important issue facing companies in the MLM industry today. Why? Because when a network marketing company decides on a commission plan, that plan endorses a method of recruiting. It is important for distributors to be aware of this issue because they are directly affected by…

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Party Plan & MLM: Two Different Animals

It’s important to note that there are two very different business models used in the network marketing industry-Party Plan and MLM. A Party Plan company is quite different from the ground up than its MLM cousins. Here are some of the basic differences. For a long time, traditional party plan companies didn’t pay multi-level commissions,…

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