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MLM Compensation Plans - Who Owns the Software?

Seemingly frivolous, insignificant sounding things can make a huge difference in this industry. It's the little things that really decide whether you have a chance for long-term success with any particular company and their MLM compensation plans. This sounds pretty wild but, trust me, it is true.

One factor that can make a huge difference is whether or not your company owns its own software. What possible difference can THAT make, you wonder? The way it works is, most new companies are cash-poor. One way to keep costs down is to rent the software to run the company. Rather than paying a huge up-front fee, maybe they're spending $10,000 a month on the software rental. So far, so good. But there are a couple problems that can come up.

First, every compensation plan has its own idiosyncracies. No two seem to be alike. Often, that off-the-shelf software rental cannot be tweaked to handle compensation plan changes. So if the company discovers a better way of doing things, it can't ... because it's locked-in by the software.

And second, most of these contracts specify that the software vendor is a co-owner of the database. Which means that if your company has tough times and can't make a payment, the software vendor can rent out the database if they want ... that includes all the names of the group you have built. Incredible, but it has happened. You're much safer with a company who owns their software.

The vast majority of network marketers dream of being one of the elite who make the really big money. Some heavy hitters make 6 figure or even 7 figure incomes a month. In the ebook "Success In 10 Steps," Michael Dlouhy reveals how those guys really look at you! It's pretty interesting.

You'll get crucial suggestions on how to find a sponsor and MLM compensation plans that give you the best opportunity to build a stable business that will be profitable for a long time. Real estate investors say you make your money when you buy the property, by buying it right. Same is true in an MLM business. If you start out by putting yourself in the wrong position, you just don't have a chance for success. You'll find a lot of value in the ideas in this book and you'll be able to lock on to the exact skills it takes to be successful.

You can get a free copy of the classic ebook, "Successin10Steps", at http://melanie.bigmlmlies.com

 

Melanie Kissell

In addition to teaching health education classes and working as a lactation specialist for the past 27 years, I am a professional network marketer and an associate with MentoringForFree.
I offer Free consulting, mentoring, and training. My specialty is teaching network marketers how to create their own highly targetd, highly responsive business leads ... for FREE.

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