Yesterday I attended to the Golden Path conference call. As usual it was a quite short one and all the things about the new terms, changes payplan and cycling speed was touched there.
Most important for the sake of this business: The cycling speed has to be improved. As I wrote in the earlier post their solution to this matter was to take down the Level 5. Why? Well, Level 5 used to pay out $20 which was cut down to $15 and now completely suppressed so all the money generated by the 5th level is now turned into Angel Positions; 40 to be exactly. So this should speed up cycling by aprox. the following values:
Level 1: 33%
Level 2: 16.5%
Level 3: 8.25%
Level 4: 4.125 %
Level 5: 2.6 %
The goal with this measure is to protect the Level 1 as it's the most important level inside the Golden Path business and the rest of the levels feed from the success of this first level....
The goal for cycling speed and then to keep it there is 15 days. hope that after all the technical issues we've been through they finally manage to make it happen :)
Also an important point is the daily withdrawal limit: It is set to $3000 but now this is only for your personal earnings and not for your referral commissions. So if you earn over $3000 in commissions from your own subscriptions you can only take out those $3000 BUT if you also earn extra due to your referrals, you will be able to withdraw that money as well, even if it goes over the daily limit: that's cool, huh? For me it is still a long way till that mark specially as I have only one referral and only 3 subscriptions so far :)
No comments:
Post a Comment