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Saturday, October 16, 2010

Strategy for building... Part II

As I have studied the referral bonus system I am coming to understand you don't want to start a second line (or leg if you prefer) much less a third until you have built one line deep enough to get into the bonus pools. A quick review of the referral bonus plan can be viewed here

For a more thorough training on the comp plan go here

Up until now we have been letting folks sign up directly instead of doing it for them, however this is not only confusing but it's better and easier to take your builders and place them in two legs at most in a line straight down e.g. if you know 4 folks who likely want to go at this as a serious business, place the two strongest referrals direct to you and one of each of the other two under those first two i.e. two legs two deep. The reason is the big money is in the bonus pools which are paid on depth, not width, and you only need 2 legs to tap into the biggest money.

When I first came in I place around 15 or so direct to me. NOT the way to do it as it turns out.

So here's my recommendation. Place builders under builders and those who simply wish to utilize the service of a metals savings account, place direct to you. Those who simply want an account aren't interested in building it (and therefore could slow down your "power leg" from going deep),won't likely appreciate anyone you place under them, plus CAB bonuses are only paid on personal referrals, not folks you place under others. 

So how do you insure builders go under builders.

1. Place your strongest two referees direct to you and any builders after the first two under them (or under your strongest leg at first to push it deep. Once that leg is at the point of putting you into the bonus pools start pushing the second one deep and then the third one and so on).

2. Teach your builders to do exactly the same thing.

3. No longer have anyone enroll themselves. Instead you send them the enrollment instructions/form at the below link and have them return it to you. Then you can control where they go and place them at the bottom of your deepest leg to keep it driving deep i.e. send the referral to the person at the bottom of your leg and have them enroll that person under them.

4. Teach your people to do exactly the same thing.

If everyone under you duplicates this process, you will drive this deep, fast and generate a lot of excitement because YOU will get into the bonus pools quicker and so will your builders.

Go to  blog post http://frnstogold.blogspot.com/2011/02/how-to-sign-folks-up-now.html on now to sign folks up now.

Hope this helps. Any questions shout back.






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