Are You Working Too Hard?
Written by Stefanie Sanspree on Jul 8, 2010 10:00 am
Why are 98% of networkers failing?
One of the things I thought of is What are Your numbers? What am I talking about?
I am talking about how many people do you need in your organization to make 10k a month? Usually the first couple of years in our business is the Hardest time in our business. During this time we may want to quit. Personal development is Huge during this time. Staying connected with people who believe in what you are doing. Talk with people who want you to succeed. Stay away from the ones that don't. Most people don't understand mlm so stay away from them, they are not going to help you. Find a mastermind group and share ideas and comments with them.
Ok back to the 10k question. The reason this is SO important is you want to know How Hard you are going to have to work. Most people do not understand their comp. plans. They are usually very difficult to understand.
I was in a skincare company about a year ago and I was very serious about building an organization and receiving a residual income. I had asked how may people I would need in my downline to create $1000. a month. My upline could not amswer this question but replied that it would take a lot! Finally I asked so much that she asked her upline to present a discussion about this. So we had a group meeting and our group leader was in the front of the room with a dry erase board writing down formulas and circles. I am no math expert but I can normally understand numbers ok. But at the end of this presentation I did not understand it AT ALL. They actually confused me more. Why couldn't they just TELL ME the straight up numbers? All I asked for was a number of how many distibutors I would need to make $1000. a month. I never got that answer UNTIL I got educated with Mentoring For Free. They helped me evaluate my comp plan with this skincare company. I found out that I would make only 5% on each distributor. That means if someone is on an autoship each month and they spend apx $100. dollars that I would make 5% of that shich is about $5. dollars. That means if I wanted to make $1000. dollars a month I would need apx. 200 active distributors all on autoship each month.
I then go to thinking that my goal of $10k a month I would need about 2000 active distributors. I learned by these numbers that the business model for this company was using a model called new-school model which means you need apx. 2000-3000 active distributors to make 10k a month. I started doing some research and I found out there was a model called the Next Generation Model. That means you ONLY need apx 500-1500 active distributors to make 10k a month! Wow!!
I knew I wanted to be a part of a Next Generation Model, because why would I set myself up to work much harder that I could in a different company. It doesn't make sense. So I have set myself up for the best Success Possible.
If you're interested in knowing your company numbers, I encourage you to contact your upline for more information, and if they don't know, ask me I'll be happy to do the research with you. I promise it is Worth knowing the numbers and How Hard you're going to have to work.
I appreciate you,
Stefanie Sanspree
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Views: 421 | 
Comments: 12 
About the Author: Stefanie Sanspree
Member Since: 08/02/2009
Company: I brand Myself
Industry: Education
Primary Web Site: http://stefaniesanspree.blogspot.com/
Great Article Stephanie
Soup to nuts on HOW IMPORTANT it is to know your Compensation Plan. Thank you for sharing your experience in the past, I can't believe your upline didn't know!! Marketers,listen to Stephanie, she knows what she is talking about. Know your P&P's and Compensation Plans. Do you know the how many people you need??? Get in touch with Stephanie. Great Article with great Value. Thank you Stephanie.
Know your complan.
Absolutely critical in your business. Would you take a job anywhere else and not know what they are paying you? I think... NOT! Great Job! Stephanie.
Stefanie that is a great explanation!
Stefanie, I am also thinking that when your multi-level company is paying YOU to be their ad force instead of advertising in the media, and they are NOT renting the expensive floor space in department stores or shopping malls, a LOT of money is going to the network marketing company! So the point is, get into a great company! Mentoring For Free teaches you what to look for in your compensation plan AND you COMPANY! So get a really good one!!!
Read your pay plan before signing the contract....
Hi Stefanie, Great article! I sure didn't look at any of the money questions when I first signed up as a distributer. When Mentoring For Free taught me what to look for I found I needed well over 2000 distributors in my team to make the 10K a month. Not only that, I also found out they could terminate my contract at their sole discretion. So to everybody out there that didn't read any part of their contact or pay plan, go do it. If you don't understand, get help. At Mentoring For Free a team of very willing coaches is ready to help you, for FREE.
Great Research Info Stefanie !
I order to get the best return on our efforts we definitely need to know our pay plan. If we just join up with a company on blind faith unless we are extremely lucky we are going to have to work much harder than the networkers that did their homework.
Thank You Again For Another Brilliant Article Stefanie,
Your Friend For Life
Steven Squillace :-)
Work Smart Not Hard
So important to know the numbers Stefanie. Think of those numbers as if they were the interest on a loan. You would want to the best possible numbers then wouldn't you?
You Know Your Stuff
Whoever earns 10,000 dollars fastest wins!!!
Thanks Stefanie - easy to understand
A really great article with a simple easy to understand example from real life. Knowing your numbers helps you to realize how much effort, you'll need to put into your business to reach your goals. Great work :)
Know your comp plan!
Education is important. Many sign on the dotted line w/o reading their p&p's or their comp plan and have no idea what they are getting in to. Thankfully you found the answer and are so helpful by passing it on to others. Thanks Stefanie, you will save many a lot of frustration!
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