Compensations are one of the most important aspects of your MLM business. If you design a compensation plan poorly, you can often be stuck in money loss traps, as redesigning it often leads to people ducking out of your company.
Netready CEO, Richard Sletcher, discusses how Compensation Plans work and how to design one that will drive the correct behaviours and keep your team motivated to both sell and recruit.
We've started a new series where we discuss the different compensation plans out there. Check it out: [ Ссылка ]
Chapters:
0:00 Intro
0:23 What A Compensation Plan Is Not
0:59 What A Compensation Plan Is
4:06 Why You Should Be Careful With Your Compensation Plan
6:18 The Three Big Mistakes People Make With Their Compensation Plan
10:05 How To Structure Your Compensation Plan
20:00 Identifying Leaders For Your Compensation Plan
32:23 Where To Find More Intel On The MLM Space
34:58 Outro
►For other interviews, podcasts and information, take a moment to check out mlmforceos.com where you will find a number of other MLM-related posts, blogs, and podcasts.
►Join our Facebook LIVE events at facebook.com/NetreadyMLM.
►If you are looking for enterprise-level MLM management software then please go to Netready.co.za
►Other Platforms:
• Facebook: [ Ссылка ]
• Spotify: [ Ссылка ]
• LinkedIn: [ Ссылка ]
#Netready #MLMforCEOs #MLM #CompensationPlans #MLMCompensationPlans
