Google+

In a Binary Comp Plan? This Is A Must Read!

In a Binary Comp Plan?  This Is A Must Read!

cockhensriver

Having been in a binary and always feeling like something was just plain wrong, I was grateful that Jeff Olson, icon in the relationship marketing industry and best selling author of The Slight Edge finally put in words what I had been thinking.

 

Jeff has been in the industry for years and built several billion dollar companies and has been the KEYNOTE speaker at the Direct Selling Association’s annual symposium for 16 years straight.  He knows all of the CEO’s and top people in the industry.

 

And this year I heard him blast binary comp plans.  “They should be illegal.” he said.  And when he explained it, it finally made sense to me why I was always uncomfortable during my 3-year stint with one.

 

First, he says the people in the” know”, the big networkers ALWAYS get a deal.  They know enough to get in someone’s “Power leg”.  That means that one of their two legs is already built for them.  They just have to slot a bunch of people in the other leg.

 

If you have ever been in a binary you know that you are only paid on your lesser leg.  That means that at the end of the month all the volume in each leg is added up and you are paid on the smaller leg and that same amount of volume is subtracted from the larger leg for the next month.

 

In effect you are only getting paid on half your volume.  If you are in someone’s power leg and did not have to build that leg it isn’t all that bad for YOU.  But as you bring on unsuspecting newbies and slot them in, they have to build BOTH of their legs.  And at the end of the month half of their volume disappears too.

 

That may not be too bad if you happen to be in the big networkers power leg, but many, many, people end up in an inside of an inside leg.  And NO ONE is helping them.  If they end up in the inside leg of someone who quits or doesn’t do much they are on their own.  They have to literally do more than twice the work and they do not have all of the connections and know-how.  There is almost no way they can be successful.

 

And to make matters worse, your sponsor and anyone above you is paid on ALL of YOUR volume while you are only paid on half of your own volume!  Completely unfair and as Jeff says, “disgusting!”

 

Most eventually quit after spending valuable time and money trying to make it work.  Trying to achieve their big dreams that they had when they started and end up feeling as though they are losers.  Others can make it happen and yet they couldn’t.

 

As Jeff Olson said at our last conference for Nerium International, that is a crime for many reasons.  First, so many unsuspecting people are duped.  But the worst part is that those people come into the industry with all of their hopes and dreams and when they fail, which they almost always do if they are in a bad spot in a binary they end up not where they were when they came in…but worse.  They have lost their dreams and feel it is their fault!  And it is not.  It is the fault of the BINARY COMPENSATION plan.

 

I am so grateful that Jeff Olson and the team at Nerium crafted a comp plan that is fair to all.  And during my just over a year there they have improved the comp plan several times.  Most recently adding a coded bonus of $250 that goes down to infinity.  Some companies ONLY have that as their plan.  They made the payout not just 10 levels but changed it to 10 GENERATIONS.  That means that in effect we are paid on way more than 10 levels.  I know in some cases I am paid on 20 or more levels.

 

There are more changes and additions in the works.  We are still a ground floor opportunity, not quite 2 years old and yet we have done more than $300 million in sales!  We have given back over $30 million in FREE product to Brand Partners.  And there is more.

 

Want to learn more about Nerium and the very aggressive compensation and opportunity?  Give me a call!  Our team is looking for quality people who are teachable and willing to do some small and easy to do things every day to build a huge business for their future!

 

Betsy Smith 847-431-3536  or email me at betsyrsmith@mac.com

 

 

 

Entertainment

Mark Wahlberg Vehicle Revisits BP Oil Spill

  Deepwater Horizon Blu-Ray Review by Kam Williams Mark Wahlberg Vehicle Revisits BP Oil Spill On April 20, 2010, the Deepwater Horizon drilling rig, located 41 miles off the coast of Louisiana, exploded when high-pressure methane gas blew out the drill pipe. 11 members of the crew perished in the ensuing fiery inferno which engulfed the platform. The accident also caused the worst oil spill in U.S. history, with over 200 million … [Read More its Good for You.....]

Books

Concerned Father Creates Children’s Book Series To Help Make Learning About Valuable Black History Information Fun Again

  Concerned Father Creates Children's Book Series To Help Make Learning About Valuable Black History Information Fun Again   Orlando, FL (January 16, 2017) – EOTO Books & Publishing announced today the immediate release of “The Christopher OluFela Series of Books for Kids” written by father and creative children’s picture book author Lee Chavous. The books take a unique approach to inform young readers of a rich African American … [Read More its Good for You...]

Art

The Day After the Day Of

  The Day After the Day Of by Paul Ilechko   The sky sheds its tears. This morning is the morning of the day after. The day of mourning, the day after the day of.  I beseech the sky to shed tears in order to wash away the tears on my face.   This is the first day of the time after. This is the beginning of a new time, the days of pain, the days of sorrow. We are in mourning. The sky looks down and sheds its tears for … [Read More its Good For You...]

Real Estate

History Being Sold to the Highest Bidder

  History Being Sold to the Highest Bidder by Amy Lignor   For the longest time, scientists and archaeologists have been confused and bemused by various discoveries they’ve unearthed that offer little or no explanation as to the who, what, and why of the people who created these things or left them behind. Even now, in 2017, there are discoveries being studied; stories that were once legends now have actual bits of proof being found that … [Read More its Good for You.....]

Lifestyle

Groundswell for Chazelle!

  Damien Chazelle The “La La Land” Interview with Kam Williams Groundswell for Chazelle! Damien Chazelle wrote and directed the Academy Award-winning Whiplash which landed five Oscar nominations, including Best Picture and Best Adapted Screenplay for Chazelle. The movie won a trio of Oscars in the Film Editing, Sound Mixing and Supporting Actor (J.K. Simmons) categories. In 2013, his short film of the same name won the Short Film … [Read More its Good for You...]

Outdoors

Carolina Skiff at Miami’s Favorite Boat Show

  Carolina Skiff at Miami's Favorite Boat Show By Craig Lamb You might say “new” is a reoccurring theme of Miami’s favorite boat show coming up soon. A new location with hundreds of new boats, including never-before-seen models being debuted by Carolina Skiff, is a great way to kick off the season. Few boat shows offer buyers the chance to see new boats where they ultimately belong—floating on the water in a real time setting. You can … [Read More its Good for You...]

Sports

Can Troy Aikman Win MVP?

  Can Troy Aikman Win MVP? by Amy Lignor   What a strange title for an article, aye? Of course the ‘old man’ of the Dallas Cowboys can’t win MVP. Troy Aikman was an elite QB, with three Super Bowl rings to prove that fact. However, Aikman hasn’t actually suited-up since leaving behind his Cowboys uniform in 2001. The number one overall draft pick in 1989, Aikman was the MVP of Super Bowl XXVII, and was elected to the Pro Football … [Read More its Good for You...]

Business

Spotlight on Africa

  Spotlight on Africa by Amy Lignor   As the year winds down and comes to a close, it is Africa that is receiving some headlines that call for many changes and improvements to be made in the coming years. It was Ambassador Amina Mohamed (Nairobi, Kenya) that spoke recently about the African Union Commission (AUC) and how the group must provide leadership in the coming years. After all, the nation of Africa is, in truth, the cradle … [Read More its Good for You...]

Travel

The Grandest New Year’s Celebrations Around the World

    The Grandest New Year’s Celebrations Around the World by Amy Lignor   Oh, yes…there are many, many places to travel in order to ring in that New Year in style. Some people have already stated that they see 2017 becoming one of the ‘best of the best’ years the world has ever seen – from technology to business to education to even “going greener” – heck, green has even been chosen as the top color of 2017. But where should you … [Read More its Good for You...]

Green Living

2017 Will Be Green!

    2017 Will Be Green! by Amy Lignor   This statement is not a “hopeful” imagination talking; it is actually quite true. Very recently the Pantone Color Institute declared that green will most definitely be THE color for 2017. This is a company that calls themselves the “global color authority,” and states that everything from high fashion to trends will be on the green path throughout next year. So…when we look at a “green” … [Read More its Good for You...]