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 compensation plan with Passport to Wealth (as it is with so many other businesses such as Liberty League, MyInternetBusiness, EDC, etc.) is what is commonly called a pass up program. That means that you "pass up" your first X number of sales to your sponsor. You don't just give them the MONEY for the sale, you give them the person who enrolled also. The charts and videos of how this works make it look great. After you make your pass up 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.
My advice is to pass up on the pass up programs. There are plenty of good, solid companies out there, with good products and good pay plans where you don't have to give your work to someone else. It is much better for everyone in the long run if your sponsor makes some override on your work forever, (thereby giving him the incentive to help you forever), than it is to have them take people from you. When you pass up a sale, it isn't just the single sale that you pass up, but all of the sales that develop 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.
The compensation plan with Passport to Wealth (as it is with so many other businesses such as Liberty League, MyInternetBusiness, EDC, etc.) is what is commonly called a pass up program. That means that you "pass up" your first X number of sales to your sponsor. You don't just give them the MONEY for the sale, you give them the person who enrolled also. The charts and videos of how this works make it look great. After you make your pass up 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.
My advice is to pass up on the pass up programs. There are plenty of good, solid companies out there, with good products and good pay plans where you don't have to give your work to someone else. It is much better for everyone in the long run if your sponsor makes some override on your work forever, (thereby giving him the incentive to help you forever), than it is to have them take people from you. When you pass up a sale, it isn't just the single sale that you pass up, but all of the sales that develop 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:
Trying to find a good and reputable home business or mlm? Don't risk getting ripped off. Read Jack Beddall's insightful series of articles about things you need to know to evaluate any online opportunity.
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