Why My Internet Business – What’s the Comp plan about?

With My Internet Business, you come into contact with vast amounts of knowledge about network marketing and Internet marketing techniques. By investing in the company, you get immediate returns on your sales efforts. Many marketing systems require that you give up your first couple of sales to the person who brought you in to the business, or just to the company. But with My Internet Business, there is no waiting period. Your very first sale earns you money–and, maybe, that is a fairly hefty commission. You are still earning money for the company and for your mentor or sponsor, too.
 
There are 4 different levels at which you can join the company, and each one comes with its own compensation plan:
 
* Bronze Level is $495 to join. You get $300 for direct sales, $100 for overrides.
* Silver Level is $995 to join. You get $700 for direct sales, $150 for overrides.
* Gold Level is $1995 to join. You get $1500 for direct sales, $300 for overrides.
* Platinum Level is $2995 to join. You get $2000 for direct sales, $500 for overrides.
 
Now some people might find these membership costs steep and question whether or not it’s worth it. But it’s very important to keep in mind that you are not paying to get involved in a j-o-b. You are investing your money into the start-up costs of a new business that you will run for yourself.
 
For by way of comparison, the costs of starting up with My Internet Business are very inexpensive–as one should expect from an Internet business. For instance, if you bought into a franchise, you might likely shell out about $30,000; and you would not see a profit for at least two years. If you wanted start your own bricks-and-mortar business in the traditional way, you would likely have to pay out anywhere from $50,000 to half a million dollars–without knowing if you would even make it in the first three years (when most businesses fail). If you decide to start your own service company, you are always unemployed between jobs. You are always like a hunter. And you have to trade your time for money–instead of leveraging a little time for a lot of money as the wealthy do.
 
The more you invest up-front in the My Internet Business program, the more access you have to more resources.
 
If there is a drawback to My Internet Business’ compensation plan, it has to do with the difference between direct sales and overrides. Clearly the idea that founder Darren Gaudry had was to eliminate any waiting period for sales compensation and make it profitable to help a team while also encouraging independence–hence making direct sales worth more than overrides or “residuals”. But some similar plans make residuals equal to direct sales, and critics contest that this makes for more of a team environment which can create even more sales. But some money for overrides is better than nothing; and the point of the business is to become totally independent, relying on your own sales as much as possible.

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