Commissions
Commissions are earned only when a Product (or Service) is sold. LiveSwitch, Inc., the parent Company of LiveSwitch Entrepreneurs, LLC, pays 50% of every Subscription sold to LiveSwitch Entrepreneurs. LiveSwitch Entrepreneurs, in turn, pays based on a Commission Schedule as follows:
| The Selling Entrepreneur | 35% of LiveSwitch Entrepreneurs, LLC Commission |
|---|---|
| Total Earned by Entrepreneur on Sale of 1 Subscription | $315.00 |
Let’s now expand this. There are four (4) possible Levels that an Entrepreneur can build his or her LiveSwitch Business Network (LBL). Let’s call this Entrepreneur the “Original Entrepreneur.” Every Original Entrepreneur can invite a theoretic infinite number of Entrepreneurs to build Level 1. Those who join can, in turn, do the same (in this capacity, each such Entrepreneur becomes another “Original Entrepreneur”). The Downline from the Original Entrepreneur in the chain, however, maximizes out at Level 4. In the following graphic, the assumption is that there is one (1) sale made by each Entrepreneur at a given Level.
| Total Earned on Sale: LiveSwitch Entrepreneurs, LLC | |||
|---|---|---|---|
| $900.00 | |||
| Entrepreneur and His Business Levels | Commission Rate | Paid by Entrepreneurs | |
| Entrepreneur Sells 1 Unit | 0.35 | $315.00 | |
| Partner at Level 1 Sells 1 Unit | 0.25 | $225.00 | |
| Partner at Level 2 Sells 1 Unit | 0.15 | $135.00 | |
| Partner at Level 3 Sells 1 Unit | 0.10 | $90.00 | |
| Partner at Level 4 Sells 1 Unit | 0.05 | $45.00 | |
| Remainder to “Treasury” | 0.10 | $90.00 | |
| Total Paid to Entrepreneur | .90 over 5 Sales | $810.00 | |
As the illustration demonstrates, the Original Entrepreneur earns income for a sale to a new Customer, and earns income at the stated percentage four (4) levels deep for sales made by Entrepreneurs in the LiveSwitch Business Network.
Frequency of Commissions
Lifetime Income
An Entrepreneur can earn Lifetime Income based on the following Rules:
- The Entrepreneur must be an active Member.
- An active Member has at least one (1) paying Customer at any one time.
- As soon as the Entrepreneur sells a total of five (5) units with at least one (1) unit sold by the Entrepreneur and the other four (4) sold by any one or more of the Business Partners at whatever Level, the Entrepreneur earns Lifetime Revenue.
Since the qualifying set here is five (5) units sold, effectively, this means an Entrepreneur can build up “unlimited” but technically different streams of Lifetime Revenue.
Transferable Business/Heritable Income
An Entrepreneur can earn Lifetime Income based on the following Rules:
- The Entrepreneur must make a sale of at least two (2) units to qualify.
- As soon as the Entrepreneur sells a total of ten (10) units with at least two (2) units personally sold by the Entrepreneur and the other eight (8) units sold by any one or more of the Business Partners at whatever Level, the Entrepreneur earns a “Marketable Business” (i.e. a Perpetually Owned, Transferable, Heritable Income Producing Business whose Assets are LiveSwitch Customer Licenses).
Since the qualifying set here is ten (10) units sold, effectively, this means an Entrepreneur can build up unlimited but technically different streams of a Marketable Business (i.e. Perpetually Owned, Transferable/Heritable Income Producing Business whose Assets are LiveSwitch Customer Licenses).