Knowing your WHY is VERY important.

It is also important to know that your WHY is different than everyone else’s why.

WHY did you decide to attend this event?

Some people want extra finances to get out of debt. Others want to build their dream home. Some have a mission to help others live healthy abundant lives using these products as they have.

Your WHY could be one very specific thing or it could be a combination of things. Your WHY can also change over time. The important thing to note is that you need a WHY. You need to know WHY you are pursuing this. It will help you stick to it when you have a bad day and feel like quitting. If your why is to be able to save money to send your kids to college and you feel like you want to quit, I want you to think about looking at your kids and saying, “Mommy is giving up on her dream and giving up on saving money for your college fund.” I don’t think I could do it. And THAT is exactly the point. Your WHY needs to keep you going!

Think about and answer these questions to help you discover your WHY.

1. If you could change your life in any way, what would you want to change?
2. Think about what your dream life would look like.
3. What would your daily activities look like?
4. Who would be around you?
5. What would your finances look like?
6. If you were debt-free, what would you be able to do and how would you feel?
7. Would you go on more vacations? Where? Who would go with you?
8. What would your grocery shopping list look like if you didn’t have to stick to a budget?
9. How would you feel if you were able to provide for your family exactly like you wanted?

Income Disclosure

Ok, now that you are thinking about your WHY, let’s look at the income disclosure. 

If financial freedom is something you are looking for, then you will want to save this income disclosure and look at it EVERY DAY, multiple times a day!

Look at the high-lighted columns labeled “Rank.” What average MONTHLY income would change your family’s life?

Getting paid in three easy steps

Step 1.     Order your products through your own YL account on Essential Rewards.

Step 2.     Give your friends and family your sign-up link, and then help them order their own Premium starter kit and join Essential Rewards.

Step 3.     Get paid!

 The compensation plan can take some time to understand. It feels overwhelming because there are so many ways to get paid. That’s a good thing. I will share some basics to get you going but GROworkspace offers four lessons that break this down to help you understand it further.

You will need to order 50 to 100 PV minimum each month on a Quick Order or Essential Rewards in order to get your paycheck. This will be easy considering Young Living has over 600 AMAZING products for the entire family and you are already ordering regularly on Essential Rewards.

People often ask if the 50 or 100 PV need to be in ONE order or if it can be multiple orders in one month. It can be multiple orders but remember you can only place one ER order each month.

As you may know, people can join Young Living with a Retail account (no starter kit required) or a Membership account (Starter Kit or Premium Starter Kit (PSK) required).

When you enroll someone with a Retail account, you make 24% off the PV total of their order. As you can see in the graphic, you need to spend 50 PV in the same month they order to receive the Retail Earnings.

Benefits of Retail vs. Membership Accounts

While you may earn a bigger percent off your Retail customers, it is more beneficial for them, and you, to help them get started as a member with a PSK. Retail customers who try one product rarely fall in love with Young Living and don’t get any of the other perks of membership.

You can see a comparison of retail accounts VS membership accounts in this graphic.  

Retail customers can switch to a Membership account with a PSK at any time. They just need to call customer service.

Comp plan continued…

When you enroll a Member with a Premium Starter Kit, you make a $50 bonus. $25 of that $50 comes from a one-time $25 “Start Living Kit bonus.” NOTE: You will not receive this bonus if you help someone enroll with the Basic Starter Kit.

 The other $25 comes from the Fast Start Bonus, which is 25% of the PV total. A Premium Starter Kit is valued at 100 PV total. This is important to note because you earn bonuses and commissions off of PV values NOT dollar amounts.

You actually receive the Fast Start bonus for the first three months that a person is a new member under you. That means the sooner you get him/her on ER, the more you will maximize earnings. Getting him/her on ER right away also means he/she can start living above the wellness line pronto!

Earn an additional $15 bonus when your personally enrolled member enrolls with a PSK and an ER template of over 100 PV in the first month of enrollment.

Examples

Here you can see an example of how those bonuses are broken down.  

In Example one, someone has ordered just the Premium Starter Kit.

The Premium Start Kit (PSK) cost $150-$260 (depending on kit purchased)  and is worth 100 PV (Product Value)

 you can see a $25 bonus for buying the PSK and $25 bonus for 25% of the 100 PV.  

 In Example 2 someone has purchased a PSK and NingXia Red.

Premium Start Kit $165 (100 PV) + NingXia Red $73 (73 PV) = 173 PV

$50 (From Fast Start and Fast Living bonus)  +     $18.25  (from Fast Start bonus)    = $68.25 Paycheck

 Once your member has been with Young Living for more than three months, the bonus period ends and you earn a unilevel commission on what they buy. The percentage you make on their order will depend on where you strategically place them in your organization. I’ll cover this later!  

 In order to receive your unilevel commissions, you need to order 100 PV in the same month that your members order. Again this can be an ER or Quick order and can be one or multiple orders. 

  The long and short of it is that if you help a friend get a PSK in April, you need to spend 50 PV in April to receive your $50 bonus paycheck.

 There are many more ways to receive bonuses. I won’t cover them all now, but one bonus you will want to be familiar with early on is the Rising Star Team Bonus. It is important to learn about this bonus opportunity early on as it is not available once you hit the rank of Silver. This is the one exception where, if you qualify for this bonus, you need to place your 100 PV order on Essential Rewards (ER) in order to receive this bonus.

My best advice is to order 100 PV on ER every month to make sure you are paid everything you qualify for.

Unilevel Commissions

Now that we have covered bonuses, let’s talk about Unilevel Commissions.

Once your member has been with Young Living for more than three months, the bonus period ends and you earn a unilevel commission on what they buy. Here’s a graphic to help explain the Compensation Plan from Member to Executive.  

• Member, Star, Senior Star, & Executive are ranks that you can qualify for as your business grows.
• The top PV number is the amount you need to spend to get paid. As you can see, if you only spend 50 PV you will not receive any unilevel commissions.
• OGV is the Overall Group Volume you need to hit that rank.
• PGV is Personal Group Volume and does not apply until you earn the rank of Silver, which follows Executive.
• LEG (volume per each leg) OGV is the amount you need in different organizations under you. For executive rank, you need two teams under you at a volume of 1,000 each, and your overall volume needs to reach 4,000.

Unilevel commission percentages show you the percentage of PV totals you will receive in unilevel commission.

You can also see here that you will receive unilevel commissions from farther down in your team as you advance in rank.

If you are a member and spend 100 PV, you will receive unilevel commissions on your level 1 & 2 members.

Once you hit 500 overall group volume (meaning your entire team hits 500 PV, including your 100 PV order) you are a Star and will receive unilevel commissions off your levels 1, 2 and 3.

Once you have an overall group volume of 2000 PV, you are a Senior Star and receive unilevel commissions on levels 1, 2, 3, & 4.

Once you have two legs at 1000+ PV each and an overall group volume of 4000 PV, you are an Executives and receive commissions on your levels 1, 2, 3, 4, & 5.

NOTE: These volumes have to be hit in a calendar month. You start back at 0 PV each month. This is why getting your members on ER is important so you don’t have to rebuild every month. 

Also, the overall group volume to hit the next rank can come from as far down in your team that exists but you only receive unilevel commissions off the PV in the levels you qualify for. 

You will also notice that the % you earn changes depending on where the person is in your organization. You make 8% off your level 1 members, 5% off your level 2s, and 4% off your level 3, 4, and 5 members.

As you achieve ranks higher than Executive, you have the ability to receive generational bonuses on members further down in your organization. Another lesson for another day.

Bonuses and commissions are calculated within calendar months. That means everything that is ordered in April will be calculated and paid out in May. Paychecks are currently paid out in the middle of the month.

***Sign up for direct deposit for instant access to your YL paycheck***

As your team grows, it is more difficult to calculate what you will earn. I rely on an app called Oily Tools to calculate my paychecks.  This app incurs a small monthly fee but it can most likely be written off as a business expense!

Unilevel Commissions

Now that we have covered bonuses, let’s talk about Unilevel Commissions.

Once your member has been with Young Living for more than three months, the bonus period ends and you earn a unilevel commission on what they buy. Here’s a graphic to help explain the Compensation Plan from Member to Executive.  

• Member, Star, Senior Star, & Executive are ranks that you can qualify for as your business grows.
• The top PV number is the amount you need to spend to get paid. As you can see, if you only spend 50 PV you will not receive any unilevel commissions.
• OGV is the Overall Group Volume you need to hit that rank.
• PGV is Personal Group Volume and does not apply until you earn the rank of Silver, which follows Executive.
• LEG (volume per each leg) OGV is the amount you need in different organizations under you. For executive rank, you need two teams under you at a volume of 1,000 each, and your overall volume needs to reach 4,000.

Unilevel commission percentages show you the percentage of PV totals you will receive in unilevel commission.

You can also see here that you will receive unilevel commissions from farther down in your team as you advance in rank.

If you are a member and spend 100 PV, you will receive unilevel commissions on your level 1 & 2 members.

Once you hit 500 overall group volume (meaning your entire team hits 500 PV, including your 100 PV order) you are a Star and will receive unilevel commissions off your levels 1, 2 and 3.

Once you have an overall group volume of 2000 PV, you are a Senior Star and receive unilevel commissions on levels 1, 2, 3, & 4.

Once you have two legs at 1000+ PV each and an overall group volume of 4000 PV, you are an Executives and receive commissions on your levels 1, 2, 3, 4, & 5.

NOTE: These volumes have to be hit in a calendar month. You start back at 0 PV each month. This is why getting your members on ER is important so you don’t have to rebuild every month. 

Also, the overall group volume to hit the next rank can come from as far down in your team that exists but you only receive unilevel commissions off the PV in the levels you qualify for. 

You will also notice that the % you earn changes depending on where the person is in your organization. You make 8% off your level 1 members, 5% off your level 2s, and 4% off your level 3, 4, and 5 members.

As you achieve ranks higher than Executive, you have the ability to receive generational bonuses on members further down in your organization. Another lesson for another day.

Bonuses and commissions are calculated within calendar months. That means everything that is ordered in April will be calculated and paid out in May. Paychecks are currently paid out in the middle of the month.

***Sign up for direct deposit for instant access to your YL paycheck***

As your team grows, it is more difficult to calculate what you will earn. I rely on an app called Oily Tools to calculate my paychecks.  This app incurs a small monthly fee but it can most likely be written off as a business expense!