P
r o f e s s i o n a l W e a l t
h L e a g u e N e t w o r k
Making Money With LifePath Unlimited and How
the Compensation Plan Works.
the Compensation Plan Works.
Firstly, what are levels? Levels refer to the position of someone else in your organisation.
So let's say that you were to choose me as your mentor. You would then be in my Level 1, since you are directly underneath me. If I were to have another person join my organisation, they would also be on my Level 1.
So let's say that you were to choose me as your mentor. You would then be in my Level 1, since you are directly underneath me. If I were to have another person join my organisation, they would also be on my Level 1.
Shortly after starting your home
business, you'll make your first Discovery sale to someone else... let's call her Catherine. Catherine would then be on your Level 1,
since she is directly beneath you. But Catherine is on my Level 2,
since she's under you, and you're under me. Do you see how that works?
Your organisation can go as deep and wide as you can imagine... indeed,
some of the top earners in this industry, who are clearing half a
million each year, have enormous organisations that they've built up
over time. The guy I just told you about, who made $250,000 in March of
2009,had an organisation of around 550 people at the time, so you can
see how he made such a large amount of money.
So back to the Level Activating Sales. In order to earn either Breakthrough or Destiny profits on each level in your organisation, you need to be activated on that particular level. To become activated, you only need to make one sale on that level.
Confused? Let me explain it to you; You can see that there are 3 people on your Level 1; Adam, Amy, and Alicia. Now when Adam decides that he's ready to invest in Breakthrough, and to position himself to begin earning those US $ 5000 profits, this will be your Level 1 Activating Sale (highlighted in red). And this will go to your mentor, as part of his/ her residual income.
Now this will hurt a little, I must admit. Having to forgo US $5000 is a little disappointing. But in the long term, it's necessary for you to earn the big bucks. Here's why;
You only have to ever forgo one sale on each level; the very first sale you make. But from that point on, you get to keep every other Breakthrough sale on that level. You never pass up any more sales. So in the diagram above, you'll get $5000 from both Amy and Alicia when they purchase Breakthrough- which will pay you a combined total of $10,000. And you'll get every other Breakthrough commission you earn from those on your Level 1.
So back to the Level Activating Sales. In order to earn either Breakthrough or Destiny profits on each level in your organisation, you need to be activated on that particular level. To become activated, you only need to make one sale on that level.
Confused? Let me explain it to you; You can see that there are 3 people on your Level 1; Adam, Amy, and Alicia. Now when Adam decides that he's ready to invest in Breakthrough, and to position himself to begin earning those US $ 5000 profits, this will be your Level 1 Activating Sale (highlighted in red). And this will go to your mentor, as part of his/ her residual income.
Now this will hurt a little, I must admit. Having to forgo US $5000 is a little disappointing. But in the long term, it's necessary for you to earn the big bucks. Here's why;
You only have to ever forgo one sale on each level; the very first sale you make. But from that point on, you get to keep every other Breakthrough sale on that level. You never pass up any more sales. So in the diagram above, you'll get $5000 from both Amy and Alicia when they purchase Breakthrough- which will pay you a combined total of $10,000. And you'll get every other Breakthrough commission you earn from those on your Level 1.
For Level 2, the process just repeats
itself. When Beth decides to purchase Breakthrough (in red), this will
be Adams Level 1 Activating Sale, but it will also be your Level 2
Activating Sale, since it's the first Breakthrough sale you've had on
your Level 2. So therefore, it goes to your mentor as part of their
residual income. Your residual income will start to come in shortly
after. Amy will have her Level 1 Activating Sale (from Ben) and so will
Alicia (from Barry). So you'll make $10,000 in residual income. As your
organisation grows wider and deeper, your residual income will grow
exponentially. It may start off slowly in your first couple of months,
but can become a serious passive income source for you down the track.
But what about Destiny, LifePaths third product with a $9000 profit attached to it?
It's exactly the same deal. You'll make a Level Activating Sale, but from that point on you'll be in a position to earn some serious residual income. The only difference from Breakthrough is that you'll make a lot more money; instead of making US $5000, you'll make a whopping US $9000! As you can imagine, it doesn't take many Destiny sales to become a six figure earner. Is This A Pyramid Scheme?
Every now and again, I'm asked if this is a pyramid scheme. And when I was doing my due diligence on LifePath, I wondered about that myself. By definition, a pyramid scheme is when all members must pay an activation fee of some sorts, which can often be quite expensive (several thousands of dollars perhaps). With this "activation" fee, members are now "qualified" to recruit other members. And the only way they can make their money back is by recruiting others to do the same thing.
The problem with this type of business model is that there is nothing of real value being exchanged. There is no real product with intrinsic value- it's all about the income opportunity. For example, the chain letter is a form of a pyramid scheme. It involves people sending out letters and asking the recipients to send back some money (usually in order to learn a "secret money making method". However, the "secret" usually ends up being send a letter to 1000 people, and ask them to send back some money in order to learn the secret.
But what about Destiny, LifePaths third product with a $9000 profit attached to it?
It's exactly the same deal. You'll make a Level Activating Sale, but from that point on you'll be in a position to earn some serious residual income. The only difference from Breakthrough is that you'll make a lot more money; instead of making US $5000, you'll make a whopping US $9000! As you can imagine, it doesn't take many Destiny sales to become a six figure earner. Is This A Pyramid Scheme?
Every now and again, I'm asked if this is a pyramid scheme. And when I was doing my due diligence on LifePath, I wondered about that myself. By definition, a pyramid scheme is when all members must pay an activation fee of some sorts, which can often be quite expensive (several thousands of dollars perhaps). With this "activation" fee, members are now "qualified" to recruit other members. And the only way they can make their money back is by recruiting others to do the same thing.
The problem with this type of business model is that there is nothing of real value being exchanged. There is no real product with intrinsic value- it's all about the income opportunity. For example, the chain letter is a form of a pyramid scheme. It involves people sending out letters and asking the recipients to send back some money (usually in order to learn a "secret money making method". However, the "secret" usually ends up being send a letter to 1000 people, and ask them to send back some money in order to learn the secret.
I'm
sure you can see the problem here- there's no real product being
exchanged. It's just an income opportunity. And then there are
companies out there who have very weak products, and are obviously more
about the income opportunity. The products are sold at hugely inflated
prices, which only makes it harder for the members who don't feel
strongly about what they are promoting.
When I was doing my due diligence on LifePath Unlimited, I wondered if they belonged to the above category. I wondered if the founders were really just in it for the money. But then I found out that LifePath offered a 56 day Money Back Guarantee on Discovery, their first product. But this was no ordinary guarantee. What was really incredible about it was that LifePath stood to lose $1000 each time someone was unsatisfied with Discovery.
Let me explain. If you were to become a Discovery Representative, by investing the $1750 into your business, you would then be able to earn $1000 profits on each Discovery sale you made- and LifePath would earn the $750 wholesale cost.
Now if you were to bring someone into the business, and they were to buy Discovery, then you would earn your $1000 profit. That would be yours to keep, and you wouldn't have to share that with anyone. But let's say that your new business partner was unsatisfied with Discovery, and wanted their money back. They would then contact LifePath Unlimited, and would receive the $1750 they paid in full, no questions asked.
But here's the great part.....you would actually get to keep your $1000. LifePath would return the $750 wholesale cost, plus they'd pay an additional $1000 out of their own pocket just so you can keep your profit. To me, this guarantee was what sealed the deal. It really impressed me that they were willing to stand behind their representatives like that, and truly believed in their products intrinsic value.
Very few Home Business company's are prepared to offer a money back guarantee. And even fewer still will offer a refund where they stand to lose $1000 with each refund.
So hopefully, this report has made things a little clearer for you. You can probably see why I'm so sold on LifePath. Prior to starting this business, I had never envisioned that I could earn hundreds of thousands of dollars each year. But with this compensation plan, it's very possible.
I'm not saying it's easy. You'll have to roll up your sleeves and put in some hard work to build the foundations; but I think you'll agree that for the amount of money you can make, it's well worth your effort.
When I was doing my due diligence on LifePath Unlimited, I wondered if they belonged to the above category. I wondered if the founders were really just in it for the money. But then I found out that LifePath offered a 56 day Money Back Guarantee on Discovery, their first product. But this was no ordinary guarantee. What was really incredible about it was that LifePath stood to lose $1000 each time someone was unsatisfied with Discovery.
Let me explain. If you were to become a Discovery Representative, by investing the $1750 into your business, you would then be able to earn $1000 profits on each Discovery sale you made- and LifePath would earn the $750 wholesale cost.
Now if you were to bring someone into the business, and they were to buy Discovery, then you would earn your $1000 profit. That would be yours to keep, and you wouldn't have to share that with anyone. But let's say that your new business partner was unsatisfied with Discovery, and wanted their money back. They would then contact LifePath Unlimited, and would receive the $1750 they paid in full, no questions asked.
But here's the great part.....you would actually get to keep your $1000. LifePath would return the $750 wholesale cost, plus they'd pay an additional $1000 out of their own pocket just so you can keep your profit. To me, this guarantee was what sealed the deal. It really impressed me that they were willing to stand behind their representatives like that, and truly believed in their products intrinsic value.
Very few Home Business company's are prepared to offer a money back guarantee. And even fewer still will offer a refund where they stand to lose $1000 with each refund.
So hopefully, this report has made things a little clearer for you. You can probably see why I'm so sold on LifePath. Prior to starting this business, I had never envisioned that I could earn hundreds of thousands of dollars each year. But with this compensation plan, it's very possible.
I'm not saying it's easy. You'll have to roll up your sleeves and put in some hard work to build the foundations; but I think you'll agree that for the amount of money you can make, it's well worth your effort.