Understanding the Binary Plan
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1. | At least 10 different levels of achievement: Even if your goal is simplicity you need to give the hard working leaders something to aim for. If all you have is “Distributor/Manager/Director/RVP” once they become an RVP you can bet they won’t work as hard because they will believe that they have reached the “ceiling of achievement”. | ||
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2. | Use attractive titles: There is a reason that nearly every company has a “Diamond” level. It’s because it is universally accepted to be something great to be. The other titles should be attractively named as well. | ||
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3. | The titles should follow a progression which denotes their value in a reasonably obvious fashion to anyone that would hear what the titles were. In other words, don’t have “Diamond” and then “Gold” above it as that, to most people, will not seem to be a “value increase”. | ||
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4. | Try to minimize the usage of “1 star”, “2 star”, etc. This is a common practice among some companies but it is actually self defeating for two big psychological reasons. | ||
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