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Compensation Plans: MONO-LEG PLAN || Network Marketing Plans

Today we're talking about the Mono-Leg plan, or the single-leg plan. We consider this a very strange compensation plan. Whilst looking like an amazing compensation plan when giving it a brief glance, a deeper look into it starts to raise red flags. This is part of our series on Compensation Plans, where each week we will highlight a different type of compensation plan. We will go through its weaknesses and strengths, and how to use this plan in your business. If you have a specific compensation plan in mind, be sure to suggest it in the comments. We'll get right on making a video about it! If you would like to watch a full video outlining the mistakes people make and some recommendations about designing a compensation plan, check our video out at    • COMPENSATION PLANS: How do they work ...   Chapters: 0:00 Intro 0:30 How The Mono-Leg Plan Works 1:03 Runaway Commissions And How They Combat It 3:02 The Strengths Of The Mono-Leg Plan 4:30 The Weaknesses Of The Mono-Leg Plan 5:43 The Legal Issues Of The Mono-Leg Plan 6:42 Our Opinions On The Plan 7:28 Outro ►For other interviews, podcasts and information, take a moment to check out mlmforceos.com where you will find a number of other MLM-related posts, blogs, and podcasts. ►Join our Facebook LIVE events at facebook.com/NetreadyMLM. ►If you are looking for enterprise-level MLM management software then please go to Netready.co.za ►Other Platforms: • Facebook:   / netreadymlm   • Spotify: https://open.spotify.com/show/3ocLCNS... • LinkedIn:   / netready-mlm-it-solutions   #Netready #MLMforCEOs #MLM