Matrix, Matrix, & more Matrices
Following on an earlier post...
Just in case you are caught up in one of the new web hypes by David D’Arcangelo (of PrePaid Legal, GBG, AMS Health Sciences & etc fame / infamy),
here is good info to ponder!
There's something going on VERY recently about a "new" setup promoting that its the "single-most profitable" solution to "internet marketing with network marketing" (<-- LOL, guys, most workable systems have been featuring this combination, duh!!)...
this recent one is called WebProsperity or Web Prosperity.
The "newness" has not failed to capture the attention of key names who are the usual internet marketing-only professionals we know. Have they really done their research before jumping on the marketing bandwagon??
Anyway, success in networking is all about finding a true home that you are comfortable with, & setting your personal objectives of working at it!
Is WebPros it?? If it is, go for it, learn what you can to take it to the next level in/out of the program.
Herewith is an excerpt from a post by a well-known industry consultant...
A MATRIX PAY PLAN STORY HEARD TOO OFTEN
Editor:
Note this report is from a disgusted French subscriber written in first-person format. Profanity has been cut out!
Matrix Pay Plans - guess what? I have been disappointed every time I joined one. Not because I didn't get any spillover, many times I got plenty of spillover, but I didn't make any amount of money. Why? Because there was only so much my upline could do for me, they could only put so many people under me, and they could not qualify me to earn at higher pay levels. In the end, it depended on me to continue the growth. I won't get into the details of how Matrix Pay Plans and spillover works, I will assume you, as an expert, are familiar with the concepts.
Editor's Comments: What people don't understand is that each time a person joins a Matrix pay plan a complete new Matrix opens underneath them. So if we are to look at spillover, by the 5th level there are 24 positions to be filled by YOU. If your upline is going to help you, he has to wade through 86 (4 other distributors) positions before he gets to drop just 1 new distributor on you!
EDITOR'S COMMENTS ON THE MATRIX PAY PLAN
What I want to emphasize here is that no company in its right mind, MLM, Affiliate or home party or even non-MLM, will pay you for doing nothing. All compensation plans are designed to reward those who generate business. Even IBM only affords to pay those individual salespersons who create growth for the company, otherwise, they are out the door!
MLM – Network Marketing companies are much kinder, they just pay you for what you do. So if you join a MLM company with the hopes of making money by getting lucky, You aren't going to earn much. You may receive some small checks (hopefully get your money back), but nothing to write home about!
So when people get suckered into a matrix plan, remember this..... failing to make money in a Matrix Plan by depending on spillover, it is not the Matrix Pay Plan that's failing, it is the individual that's failed because they stood around not doing anything. Most Matrixes show big money at the bottom. Down there where the money is…. only the most dedicated builders ever see a check for the piles of money displayed.
In addition, most of the criminal High Yield Investment Programs (called HYIP) use a Matrix Pay Plan and are basically Ponzi – Pyramid schemes. They lay in wait for people that get suckered into the "spillover" suck of the HYIP's Matrixes (Search HYIP Scams on Google).
I am sure there are people who will argue that there are opportunities out there that have no sponsoring requirements, all you have to do is sign up and make money with them. Well, all I have to say to that is that they won't last. It simply doesn't make business sense. Why would someone want to pay you for doing nothing?
2x2 Matrix Pay Plans make it easy to teach duplication to your downline. But, they are massively eclipsed (blown away) by the Binary Compensation plan because money from 40-50 levels rolls up to your position. How can I say this? There is a 95% failure in new MLM Companies and only 1 out of a 700 Matrix plans will survive (True Statistic).
In the Binary / Modified Binary (like a 2x2 Matrix), just 2 people are allowed on your first level, then you teach everyone in your downline to get their 2 (the rhythm of nature). Then help the people under them to get their 2 and so on. Spillover from all the activity can help speed up the growth and create momentum for the Binary team because if you sign up someone 43 levels below you, the money flows up through your whole team.
THAT is real true spillover!
Do WITHOUT the juice/vitamin/cosmetic/household "stuff".
Find a niche & the market will come to you!
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Labels: academic, analysis, compensation, pay plan, tips
posted 9:52 pm
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