Even though Snap pays affiliate overrides several levels deep, the answer is not as clear cut as you might think!
Most MLMs are consumer products oriented (B2C) and work on the idea of members and distributors buying…and selling a certain amount of products per month. Often these include vitamins, skincare, and cosmetics. Think Amway, NuSkin, Avon and Mary Kay. In fact, I’m hard pressed to think of any direct selling company that does not focus on consumers. Maybe ACN Telecom?
In contrast, Jorns/Snap is a B2B business opportunity. The program targets employers with 10 – 100 employees. The ERC is good for up to 500 employees. Think sharp shooter versus shotgun.
Most people are employees versus employers. Over 99 percent of America’s 28.7 million firms are small businesses. Most small businesses have NO employees.
Of the 5.8 million employer businesses, the vast majority (88 percent) have fewer than 20 employees.
I see myself as a “bird dog.” My job is sending out videos to potentially qualified employers in my warm network and following up. I have no idea whether or not they are qualified to receive an ERC rebate. That job is up to the Jorns CPA experts. And Jorns offers a money-back guarantee if they don’t.
This is very different from trying to get my family, friends and or neighbors to try a new weight loss program. There is no dollar cost to join this program. However, there is a time and “sweat equity” commitment to become successful.
The question is “what is your time worth?” Let’s say that I bring on an employer with 50 w2s and they get $1 million in rebates. My commission would be approximately $800 per W2 or $40,000. If I spent 40 hours finding this employer, that would translate to over $1,000 per hour in compensation.
You can figure out your opportunity cost by taking your current income and dividing it by number of hours worked. If you make $120K per year, you make about $60 per hour.
Of course, I may put in hours and never get paid a dime. But that is why I’m an entrepreneur. I’m accepting that uncertainty. And I understand that uncertainty is not quite the same as risk because I am only investing my time versus my money.
I wouldn’t bet against me. 🙂