A common feature of many business opportunity programs available today is some form of the "pass up pay plan. Global Resorts, MyInternetBusiness, CarbonCopy Pro, and Passport to Wealth are a few of the many who have this type of compensation plan. They operate on the same basic principle, but let's take a closer look just at Passport to Wealth. Passport to Wealth is called an "automated" online business. They market reseller rights to an collection of mostly digital products. Reselling the products, however, is not why most people join. The big money is made marketing the Passport opportunity.
The pay plan with Passport to Wealth (as it is with some other businesses such as Liberty League, MyInternetBusiness, EDC, etc.) is what is commonly called a pass up program. What that means is that you "pass up" your first X number of sales to your sponsor. You don't just pass up the MONEY for the sale, you pass up the person who enrolled. The videos or charts of how this works make it look great. After you make your qualifying sales, you get the first X number of sales from the next person, and the first X number from each of them, and so on. 2,4,8,16,32....
There is a big problem with all that is this, though: once you have made your required sales, your sponsor has no monetary reason to help you. He does not get paid on any more of the business you create. You are now in direct competition. The larger effect of this is that "teams" do not exist. You help someone until they qualify, then say goodbye to them so you can help the people they sponsored and passed up to you.
If you want stability in your business, my advice is to pass up on the pass up programs. There are a lot of reputable, solid companies looking for you, and bringing good products and good pay plans with them. It is much better for everyone (especially you) in the long run if your sponsor continues to earn some override on your work forever, (thereby giving him the incentive to help you forever). When you are forced to pass up a sale, it isn't just that single sale that you pass up, but all of the sales created out of that entire organization.
Over the course of many years and even more business opportunities, I developed my own checklist for any opportunity. If a business didn't pass muster on one item, I passed on them. Pass up pay plans was just one of many items on my list. Visit TheLastBestBiz
to see the only business I ever found that passed all 13 items on my deal breaker list.About the Author:
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Tags: passport to wealth edc myinternetbusiness my internet business liberty league online business online opportunity home business opportunity home based business make money at home making money at home stay at home mom
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