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Have Fun, |
 Well if the numbers from my last page
were not enough, a friend of mine from AllianceNet Solutions sent me some data. To
cut to the chase, those Quixtar IBO's in AllianceNet Solutions were spending about
$305,000/year just on standing order book and tape subscriptions, and seminars to earn
about $274,560 from Quixtar. The expenses do not include transportation, voice mail,
tapes bought at seminars, open meeting costs, meals, baby sitting or anything else; just
standing orders and seminars. Not including any retail markup, their 858,000 BV
would have generated about $274,560/year in Quixtar bonuses.
So this group was not as bad as the first group I received data on, however they were still spending more to run their businesses on the whole than they earned. The other group had slightly less sales but a much higher level of system costs. The AllianceNet Solutions folks were spending at least 11% more to run their businesses than they earned on the whole. Another way to look at it, is that IBOs were spending at least 0,89 for every PV point they moved in the business. Estimated sales dollars for the group are around $915,200. The minimal expense ratio for this group is about 30% of sales. The other group had an very high expense ratio of 273%. The other group has more accurate record keeping than the AllianceNet group. Again, if you got in the business to help people make money then you have to ask, which people you are choosing to help? No doubt when you recruit people to the business that someone will make money. Most likely the one who will make the money will not be you or those you recruit. If you are Emerald or above and want to share your data with me, I'd love to have it. Just write me. |
