|PART 1: QUICK CASH BONUS PAID WEEKLY 100% PAYOUT OF ALL COMMISSIONS POSSIBLE|
|(a) Step One: Quick Cash Bonuses is paid to Salesperson on equipment sales and merchant credit advances (more to be announced) amount 70% of sale.|
|(b) Step Two: The Sponsor and Trainer of the Sales person (above) collects 15% of the sale above for training and sales assistance.|
|(c) Step Three: With increase in Sales Volume amount paid goes up to 75% and 25% respectively.|
|(d) Setp Four: Any excess money|
|Each Initial Product - Service Sales||Percent||More||Percent|
|Paid To Two Salespersons||Qualifications||Paid||Earnings >||Qualifications||Paid|
|Salesman sales to new Customer:||1||70%||MORE>||2 Sales||75%|
|Salesmans Sponsor Qualified at:||2||15%||INCOME>||2 sales||25%|
|PART 2: MONTHLY RESIDUAL WEALTH BUILT ON ACCOUNTS|
|Rank and Promotion Levels||Regional||National||Executive||Presidential|
|SIMPLE REQUIREMENTS FOR YOUR CHECK:||Qualify||Qualify||Qualify||Qualify||Qualify||Qualify||Qualify||See Q|
|Your Personal Sales (see details)||$0||2 Sales||2 Sales||2 Sales||2 Sales||2 Sales||2 Sales||2 Sales||Schedule|
|Required Monthly Residuals - wo||$0||$500||$2,000||$10,000||$50,000||$150,000||$500,000||$1,000,000|
|YOUR PERSONAL RESIDUAL||1st Level||75.00%||75.00%||75.00%||75.00%||75.00%||75.00%||75.00%||75.00%||Personal Act|
|Your Group Residual||3rd Level||4%||4%||4%||4%||4%||4%||4%|
|Volume (includes yours)||4th Level||3%||3%||3%||3%||3%||3%|
|Total Commissions Before Bonus Pool for Top Salespersons||83%||87%||90%||92%||96%||100%||102%||102%|
|2% TO MEGA BONUS POOL:||2%||<104%|
|Complan Based on Payout of 104% of Commissions Available = Highest In The Industry|
Part 1. QUICK CASH BONUS PAID WEEKLY
Look at the top of your compensation plan diagram above.
The Quick cash is Paid weekly no more than 3 days (sooner if possible) from when the money is received by 1st Interstate Bancard Corp.
EXAMPLES OF SALES
A new program Merchant MID
A reprogram Merchant MID
A new line of credit
Our commitment is those will constantly and tirelessly search for new products and services to provide additional income opportunities for you.
Steps a. – c. are self explanatory as shown in the diagram Part 1. The exciting part is step d. It anyone fails to meet the requirements to collect commissions in Part 1 the money goes into a BONUS POOL for the Top Agents that create the most new sales volume for the month.
BONUS POOL PART 1
Through January 15th 2009 BONUS POOL will be divided among the 5 Agents creating new sales and the top 5 Agents that train new agents who make a sale. Now look at the next paragraph to see how financially exciting this is going to be with this unheard of BONUS POOL BOOST!
UNHEARD OF SUPER BONUS BOOST TO PART 1
Not all the residuals coming from residuals will be paid out in Part 2 of the chart because it will take time for Agents to maximize residual income in part 2. Rather than pocket those like other companies would 1st Interstate Bancard is taking every cent not paid in Part 2 and putting it into the Part one Bonus Pool.
Part 2. MONTHLY RESIDUAL WEALTH BUILT ON ACCOUNTS
Rank and Promotion Level – Because this is a unique industry great consideration was given to Rank and getting Promoted. All ranks and residual pay are based on 2 simple Qualifications:
1. Your Personal Sales – From Part 1 of the pay plan (above) that gives you good personal cash flow quickly on a weekly basis. You need two (2) qualified sales per month to collect your multiplied Residual Income. Here are some helpful details:
A. Personal Sales in Part 2 Qualification – You get a monthly month carry over for excess sales. If you sell 6 Part 1… Quick Cash systems one month (you are paid all per Part 1 weekly) you will earn a carry over of two (4) to the following months. This is so you can earn credit for… a vacation or emergencies while qualifying to collect residuals automatically for this qualification.
B. If an agent doesn’t meet the monthly qualification of 2 Part 1 sales no downstream residual commissions will be paid. The commissions will be “rolled up” to the next qualified agent. There are NO holes where the company takes the money. Agents gets it all. There will be no empty spots left in the residual commission tree. This maximizes your income. As agents leave the company (sadly it will happen) this will create more residuals that flow to you the upstream. The bigger the organization you build the more the benefit to you.
2. Required Monthly Residuals: Group Residual Volume through 8 levels of pay controls how many downstream levels you get paid. These are BIG long term benefits! Your required monthly commissions counts all of your residual sales of your downstream in the levels that you are qualified for. (See chart)
A. You get paid as shown in the chart on each level. Your own personal residual efforts are paid on level 1. Then the work that your team does (with you helping) pays you through 7 more levels. (See chart)
B. With time and work you get promoted to higher ranks and collect on more levels of income. Your multiplied downstream residuals will increase because of your monthly residuals… and those in your downstream work and increase not only their downstream residuals but yours too! (See chart)
C. This increase of monthly residual commissions happens faster when all of the people in your downstream work as a team to help each other. For instance you are allowed to sign up new agents under another agent in your downstream (example if they are in the same area or they are friends). Those people that are “cheerleaders” with their downstream (and upstream) and share leads, tips and secrets will accelerate their growth.
The Mega Bonus Pool: This pool collects 2% of the gross residuals and pays the pool out to top workers who build to the Presidential Sales Director level. This is estimated to be a million dollar pool paid quarterly to all Presidential Sales Directors who have qualified at that level for the three months prior. Make this your goal to go to the top and share in this exclusive pool!
REMEMBER THE UNHEARD OF SUPER BONUS BOOST TO PART 1 !!
Not all the residuals coming from residuals will be paid out in Part 2 of the chart because it will take time for Agents to maximize residual income in part 2. Rather than pocket those like other companies do 1st Interstate Bancard is taking every cent not paid in Part 2 and putting it into the Part one Bonus Pool. This helps hard workers get paid more and build residuals faster!!
Q AND A