Here’s Why Binary Compensation Rocks!

There are a variety of compensation plans in the network marketing world.  Make sure you fully investigate before jumping in.  I’ve had experience in a couple but my new favorite, by far, is the Binary Compensation Plan.  Here’s why:

Easy to Understand:  I’m a pretty simple guy and I like a plan that is easily understood.  A binary compensation plan is easy to describe to prospective business partners.  You either place new members left or you place them right.  Pretty easy, right? Keep it even simpler by telling new reps to place OUTSIDE left or OUTSIDE right.  Again, it all depends on the prevailing thoughts in your respective company.  For me, the simplicity of the plan outweighs any detractors.   

Two Teams:  In a binary compensation plan you only have two legs.  That means you can devote time as you see fit and drive growth in the shorter leg if needed (always consult your upline leadership regarding the property placement of new members).  Heck, you get a rockstar on one leg that grows a downline of 100,000…you’ll only have to work your other leg!    

Help From Above:  You can take advantage of the growth of your upline’s organization.  If you get in at the right time you can ride the coat tails of those above you.  Again, it all depends on where your upline is placing new members, but you could realistically get a huge power boost by not even lifting a finger.

Grow The Bottom:  The focus of many binary compensation plans is to work the bottom of each leg.  What does that do?  It motivates the brand new guys and gals and it lights a fire under the old timers.  How does it motivate the new ones?  You and your team focus on helping the newest members by quick-starting their prospecting.  Help them grow their business.   

Synergy:  Say you have someone you’ve sponsored named Brian.  Brian may have a lot of talent but has, as of yet, not shown his potential.  Well, as you grow your business you’re naturally growing his.  Why?  Because depending on which leg he’s on, at some point you will have to put new members under him.  What does that do?  That starts the growth of his business.  At some point he should take a look at his business and realize, “Holy crap! I have 328 people on my team! I love this binary compensation plan!” If he understands what he’s giving up by not working his other side, he’ll start getting to work.  Try sending Brian a quick email saying, “Congratulations on the growth of your business.”  See if that lights a little fire.

The synergy that is created can be infectious.  Literally you can have a group utilizing the binary compensation plan and everyone is working together to build the collective team.  Awesome!

Do your due diligence and fully investigate your network marketing company’s compensation plan.  Dig into what it takes to grow your team.  Look at the pros and cons and see how you’ll get compensated.  A binary compensation plan may work well for you or it may not.  Let me know what you think…and good luck!

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