****Trademark of My Video Talk
My Video Talk
Copyright Jeffrey Babener www.mlmlegal.com
Editor's Note:
Welcome to MLMLegal.Com Company Profiles at www.mlmlegal.com. Here you will find brief summaries of pertinent information about hundreds of MLM, Direct Selling, Direct Sales, Network Marketing and Party Plan Companies. As a general matter, the summary information is derived from Company published information, generally posted at Company websites, public information releases or posts at industry trade sites .*
Founding Story
My Video Talk is owned by Team Effort International, LLC, which is a privately-held, debt free company. My Video Talk is located in Northern California.
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The Founders of My Video Talk are Mel and Amie Gill, who have been working in the direct selling industry since 1989. The My Video Talk division of the company was founded in April of 2004.
Impact on the Industry
My Video Talk states that it is the first company to offer the Dual Core Double Binary Comp. Plan.
Discussion of Products
My Video Talk offers a video communications platform that can be accessed globally. The software enables customers to send embedded videos in (www.mlmlegal.com) emails with the MyVideoDesigner. Other technology products will be introduced soon.
Discussion of Opportunity
There are eight ways to earn income with My Video Talk, which include:
The company offers the following compensation plan:
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Fast Start Bonuses
Getting started and earning immediate income is simple. A $100 Fast Start Bonus is paid on the sales volume generated by the personal sales of the Getting Started Product Packages. There is no limit to the amount you can earn in Fast Start Bonuses.
Weekly Team Commissions
In this phase of your business you earn weekly commissions on your growing team. This is where the comp plan starts to get really exciting.
Once you achieve title of Team builder you are eligible to earn weekly team commissions. With the Global Rewards Commission Plan you only need to build 2 sales teams to benefit from the weekly bonuses. Each time your team generates sales volume of 720 WSV (weekly sales volume) on left or right sales team and 360 WSV on the other team, regardless of which team has the greater or lesser volume; you will earn a commission cycle. Each time this happens, you will receive $100 in team commissions plus up to an additional $50 global rewards check match bonus (see number 5).
Each day, our computer searches your team legs for volume that has accumulated as a result of product sales.
Representatives can earn up to $150 every time they create 720 WSV/360 WSV earning up to $5000 per day to reach a potential maximum of $35,000 per week.
Monthly Binary Matrix
Our new Dual Core Double Binary Compensation Plan brings a very powerful and lucrative component to the 'earnings table'. This is absolutely revolutionary in the Network Marketing Industry! Imagine earning monthly residual income simultaneous to building your weekly bonus checks. That's getting paid over and over again for the work you've already done!
Get started and earn true residual income with a 3:6 cycle ratio for your Binary Monthly Matrix, you will achieve a cycle bonus of USD $25.00 per cycle.
Representatives can earn up to $25 every time they cycle based on the monthly product sales up to a potential maximum of $150,000 per month.
MVT Bimmer/Benz Car Club Bonus
Retail Commissions
Earn an incredible 20% commission on the 1st month sale of every a la carte retail product package purchased through your retail shopping portal. 10% commission on each month thereafter. You can have an unlimited number of personal retail customers. Earn upstart retail commissions plus ongoing residuals!
Global Rewards Check Match Bonuses
Each week MyVideoTalk takes the sales volume generated during that week and puts it into a special bonus pool. Those representatives who achieve a commission cycle will benefit from this bonus pool by receiving a reward check match bonus of up to 50% in addition to the cycle payout, for a total of (www.mlmlegal.com) up to $150 per cycle ($100 per cycle bonus + $50 per cycle check match bonus).
Sales Office Program
When you build a strong team in any one region, it's really helpful to have a team office to train, show the business to new prospects and hold team meetings and functions. We know that helps build on the momentum you've created, and you can take your business to yet another level.
Presidents Club
Special LEADERSHIP Recognition. Here's something you'll really be excited about. We're here to support your success and reward your leadership efforts.
NOTE - During special current promotion, Bonuses are not in effect however rank title is.
NEW Rank Title & Bonus - President's Club
Achieve $1,000 (USD) minimum in earnings in any one commission week period and be awarded the Rank Title of "President's Club Member" PLUS an extra one time (sic) $1,000 Bonus Award. A maximum of 50% of income can come from Direct Sales/Fast Start Bonuses/Retail Bonuses.
NEW Bonus - 1 Star President's Club
Achieve $2,500 (USD) minimum in earnings in any one commission week period and be (www.mlmlegal.com) awarded the Rank Title of "One Star President's Club Member" PLUS an extra one time (sic) $2,500 Bonus Award.
2 Star President's Club
Achieve $5,000 (USD) in minimum earnings in any one commission week period and be awarded the Title of "Two Star President's Club Member" and get special corporate recognition PLUS take part of a special incentive trip to The Grand Wailea in Maui, Hawaii.
5 Star President's Club
Achieve $10,000 (USD) minimum in earnings in any one commission week period and be awarded the Title of "Five Star President's Club Member" and get special corporate recognition PLUS take part of a special incentive Cruise on The Oasis of The Seas Ship.
10 Star President's Club
Achieve $25,000 (USD) minimum in earnings in any one commission week period and be awarded Title of "Ten Star President's Club Member" and get special corporate recognition PLUS a Bonus of $25,000 (USD) Award.
* President's Club Rank Title and 1 Star Rank Title are immediate, while President's Club Bonus and 1 Star bonus ($1000 and $2500) are paid a minimum of 30 days from bonus achievement. Any refunds or cancellations could affect this Bonus payment if qualifier dropped below the minimum threshold.
** Monthly Binary Matrix can not (sic) be used for any qualification listed in the President's Club Weekly Bonus Program.
*** All awards are for Active Representatives in Good Standing.
**** If more than one bonus is achieved in a given week, the highest bonus would be awarded.
*****Bonuses are not based on specially priced packages or promotional packages sold. Only regularly priced packages can be used towards bonuses.
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For more information on joining, one must contact the company.
Discussion of Distributor Base and Sales Volume in U.S.
My Video Talk operates globally, currently operating in North America, Europe, South East Asia, and Australia.
** trademark of My Video Talk
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Jeffrey A. Babener, principal attorney in the Portland, Oregon, law firm Babener & Associates, represents many of the leading direct selling companies in the United States and abroad.
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