Review - 7 Key Points of the LGN Prosperity Pay Plan
Review - 7 Key Points of the LGN Prosperity Pay Plan
LGN Prosperity (formerly known as the Little Guy Network) is an online business involved in 3 massive niches on the Internet - Travel, Information Products and Personal Development. It has one of the best compensation plans I've ever seen. It uses a solid, simple 2x2 matrix plan with many benefits; some of the key points are listed below.
1. Easy to understand - The LGN Prosperity pay plan is easy for anyone to understand. "You get 2 people". "You help those two get their 2 people". "You get paid $777". It is easy to picture doing that - even for a beginner. If a prospect does not understand how they will get paid, they are not going to join. If the things you need to do to get paid are easy enough to understand, the person is more likely to remember how it works. When a person feels they can succeed with a compensation plan, they are more likely to work the business. This brings success for the person and the whole team.
2. Easy to explain - Members are able to explain the simple basics of the program. If a person can't explain the basics of the compensation plan to their friends, associates and prospects, they do not share the program. When the program can be explained easily, the sign up rate increases dramatically. This causes a lot of excitement and this excitement helps the team grow quickly.
3. Minimal spillover - This, at first glance, may seem like a problem, not a feature to many people. It is best not to promote the spillover aspect of a pay plan that much, only mention it briefly. If you try and promote any plan based on spillover, it causes most people to not build the business and to just sit back and wait for spillover to come from above. The simple, small 2x2 matrix has very minimal spillover. This causes people to roll up their sleeves and take action. If people have a clear "pathway" to getting paid, they will work towards that. The 2x2 matrix in this program provides that pathway.
4. The "Follow Me" feature can lead to big money - People want to make money over and over from the work they have done just once. While the 2x2 matrix is not true residual income, theLGN Prosperity program's unique "follow me" feature can provide a solid, ongoing monthly or weekly income. The key to any program is having each member do their share. When you have a team of people filling and cycling in the 2x2 matrix, there is a great amount of momentum and excitement developed. When people are excited about a program, they naturally tell people about it. This can lead to very healthy repeating paydays, with just a few people sponsored by you directly.
5. Everyone can get two, we show you how - Some people say they can't recruit two people. This is simply not the case. Most of the people who say that, don't want to approach family and friends. No problem, the company lays on daily online trainings on how to build your business every week. Most people can earn as they learn from the comfort of their own home. Every person can get just two people in a 2x2 matrix. This can be done once the members understand the compensation plan and can see that the program and system are solid and work.
6. Simple pay plan - The 2x2 matrix pay plan has very few parts to it and does not take a college degree to understand it. There are no "legs" to build, no points to count or fast start bonuses. There are no ranks or pins to earn in the program. The pay plan is understandable and any member can pick up all the terminology and jargon very quickly. I have often found that when people get tied up with trying to figure out a compensation plan, they never get started on building the actual business. Too much analysis causes paralysis!
7. Keeping it simple leads to action - People like something simple a lot better than something complex. When a prospect thinks the program and plan is simple, they have a much greater tendency to run with it. Once people see the simplicity of the program, they take action and earn income. When people think the program and compensation plan are too hard or complicated, they quickly start looking for something that is simpler and easier to understand. Action leads to results. Inaction provides no commissions and lots of unhappy members. Which one do you prefer?
I hope this review of the key points of the LGN Prosperity 2x2 matrix pay plan was of use to you.
http://www.articlesbase.com/business-opportunities-articles/review-7-key-points-of-the-lgn-prosperity-pay-plan-2783702.html
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