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Show 83 - Business Basics Part 5

The Ultimate Entrepreneur

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How Many First Time Buyers Make 200 Dollars a Sale?

Every new buyer would be worth at least 200 dollars in profit each sale. If you incentivize your sales person on the first sale, every time you invest, not spend, but invest the hundred and 80 dollars you never would have had, you will get to keep the 28 hundred dollars in future profit that you know with certainty you will get. Do you want any business? Most people in business are motivated till they know what their allowable cost is. You can't understand lifetime value until ouunderstand what is appropriate commission or distributor pay for a client. When do you think it's OK to give someone more than 10% of an initial revenue stream if there isn't much growth

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