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FIB - Scams 101 - Ye Olde Archives
Posted By: Dennis Bevers <bassco2@bellsouth.net> In Response To: I've never thought about the word "mentor" in the literal sense.... (MaaMaw)
Thursday, 17 February 2005, at 1:17 p.m.
> Well now... I just realized that there are probably "mentors"
> (in the true sense of the word) who work behind the scenes and we never
> know about it... but the "Pay Through The Nose For Your Mentor"
> ain't anything unusual.
In the case of Kaeser and Blair, the sponsors are paid a percentage of K & B's profits on orders by the new dealer's volume. No payment for recruiting, as their are no dealer fees.
So, the K & B rookie can have an established dealer as their mentor, with no cost to them. In addition, the override compensation K & B pays, give me and the other sponsoring dealers a vested interest in the new dealer's success.
It's a win-win-win situation. The rookie can receive help, answers, and support during hours when K & B is closed. K & B gets a higher percentage of recruits converted to dealers (usually with faster results and higher sales volume), and the sponsors gain long-term residual income. The override compensation continues for life, as long as both dealers continue actively selling.
K & B has been paying the sponsors for mentoring for several more years than the 12 that I've been with them.
K & B still offers the new dealer the same support as every other dealer, including the Kaeser Travelling University, and seminars at the annual convention. It just gives the newbie more options and support, at no personal cost.
Dennis Bevers
Real work really works-at least for me and 4000 others with ______!
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