How much should it cost?

Laura

Hi Laura

Hmm. Seems to me quiet a bit mate. I didn't spend no monies to start my business in MLM. It was free to join and I get bonuses for performance and team performances.

Did you look at the compensation plan first before joining? No worries. There's plenty of people here who maybe able to help because there's lots in different companies. But it sounds a lot of money to pay every month. And MLM business takes some time to build as well, with learning curve.

Now, I don't know the company you're with and can't say much but I haven't heard about such fees every month. Maybe someone has here in BN who is in other companies.

Nevertheless, find someone who knows about compensation plans in forum mate and maybe look at your comp plan. Hopefully you'll find some good people with indepth knowledge of the company you are with.

But 250 a month? I haven't heard of that one but maybe because I never looked anywhere after I started a few years back. My gut is already turning. Seriously, 250 a month? What's that about???

Adam

Stop what you are doing !

Hi Laura,

sounds way over the top ,also sounds like you are taking on some sort of front end loading (which is illegal in most countries )unless you can consume all of that product in a given month then I would be questioning my sanity,Take it from me there are some opportunities out there with way lower monthly autoships some with none believe me I have tried a few (by no means a network junkie).

I have learnt from the school of hard knocks ,done door to door etc,

If I can be of any help Let me know.

or send me the link for this company and I will have a good look at it for you and dissect it for you give you my honest opinion.

Wayne Iremonger

Get info read Laura...

Laura, I had a chat with some people here at BN. Hopefully some will contact you and you can share what your company is and other things they can look into.

People, anyone reading, please do help Laura out. See what info is. Great Wayne also shared his thoughts and I know many will soon. Please make sure though you know what you are talking about and knowledge in this area. I'm sure many will be too.

Laura, if you could have company name, compensation plan ready etc, so if some of senior ones who know about MLM etc, contact you, you can share and then they can get to see how to help and look search through propel channels.

 It won't be difficult to see if it is legit etc. Best first to see, look at all facts, info and then sorted.

Good people at BN, hopefully they'll give you some advice. You come to the right place.

Adam

Good Advice

Hi Laura

I see you've already had some advice on this. Hopefully whomever Adam has asked to contact you will be in touch and help you check out the company.

I must admit it seems like an awful lot to be paying out initially. But then don't know what the product is or anything about the company so it's kind of hard to tell. Could just be that it's a great business once you get into it.

Susan

Not That Much!

Hi Laura,

Hhmm! I agree with Susan that we do not know enough about the company or product however their are great companies out there who do not require that you hold stock (they do the shipping for you) and your monthly payment includes your monthly products that you use. ]

For you to market yourself and enjoy what you are doing you will need to have full confidence in the company that you have chosen to partner with. You need to be happy with what you are offering your prospects. If you are not, it will show and you will sponsor less and less people.

Do some more homework on your chosen company, don,t let it put you off, there are some great companies out there! You are in the right place for some great support.

Warmest Regards

Alison

Thank you....

...for all the great feedback. Just to clarify, the $150-$250/month is for the product itself which I also use, not some sort of fees to belong to the company. The inital $1000 was for inventory, plus there is a $40 sign-up fee. It still seems sort of steep to me. I'll be researching and looking at other opportunities.

Ouch

Was that the "recommended" level to go in at, or is it compulsory?

As the others have said there are lots of other companies out there that are not so expensive.  Of course there are some more expensive ones too - but they also offer higher returns per commission.

It really is matter of finding a company and product that works for you - that way you will have no hesitation recommending it to others.

Learning About the Internet

About 4 years ago I totally bombed out of everything "internet"; I'd spent so much time and money! Add to that two major surgeries and a marked hearing loss, I reached a point of isolation to which my gregarious nature just had to revolt. So I got back to looking around on the internet. Although I realize that I'm more of a "newbie" than I was before, I believe this time there is hope. One of my first contacts, luckily, was through a video sponsored by a dynamic team that was out to teach marketing through showing one how, while being budget-conscious, to set up a well-guided program. This would put the cash in your pocket and produce the qualified leads for contacting distributors for whatever was one's primary program. All the team members had come to recognize in their own lives that "old style" marketing just did not work. It was only when they linked into Attraction Marketing that things clicked for them. The more I read about the philosophy, the more it made real sense to me. So now I feel I've found a kinder atmosphere--one where I can relate to people who really want to share. From my 82+ years, I'm sure I have a lot to share.

Where do you hail from, Laura? I'm guessing that the internet was a reality before you were born. What played the biggest part in your introduction to the internet? Your home? Your school? Your independent course work?

How Much Should it Cost

Hey Laura how are you?

I am also a newbie to internet marketing so you are not alone. What I see to be the problem is that you said you based it purely on emotion, which right there might be the problem. I think that emotion eluded you from the reality of what your home based business was going to cost you.

Having those emotions are great but the kicker is it will wear off, that's the way it is. You have to have a purpose, a reason why you want to be an entrepreneur. There must have been something telling you to start your own business which is more powerful than that first impulse of emotion.

This is what will carry you through, your purpose why.

I knew exactly what my purpose was when I found my home based business, I knew exactly what I was getting myself involved in. I knew all the start up costs and monthly fee's which is not cheap however, the compensation plan is incredible which is why it makes the compensation plan the biggest one out there. I don't think your compensation plan is worth it. You are deinatelt spending too much money for too little. It sound like your business is not what you were really looking for.

I knew the possibilities of this company and I never looked back. Yes I get frustrated sometimes because it is a real business but never questioned the fee's. I know what my mission is and that's what keeps me going. 

If you want to respond to this, I would love to connect with you and share more information

Stay positive

Cost is Relative

Hi Laura,

Recognizing cost has to be your primary thought with reference to what you can take on.  Otherwise you just plain run out of money.   I am both emotionally and rationally tied to my primary company, a nutrition and wellness company, because I believe they have the best nutritional and green products, spare none.  (They have a great residual plan, but that can't mean much if I can't get the distributors.)  SO I can only buy what my very considered budget will let me buy.  Beyond that, I can make this my "primary business" but look to a differently-oriented system that considers my need to budget and offers me a path to put some money in my pocket for quality traffic to promote my primary business.   Building that primary business will be a long-term project; but if you are young--and I gather that you are--its growth will happen without your worry--as long as you do have a most reputable company. 

Due Diligence

Hi Laura,

As you know 'there is no such thing as a free lunch' Owning a business of your own does require time and money. Perhaps you were too emotional in your decision initionally, but there must have been some reason you felt this was a good opportunity for you.

I have made a few bad choices myself, however if you believe in your product and your opportunity then you should sit down and really crunch the numbers to see if you are truly able to make money and develop a viable business. You should have an excellent support system in place for that kind of money every month. Contact your upline and get your compensation plan square in your head. Without knowing how you are paid, how much you will spend to make a sale, and where the money from the sale goes you will not be able to figure out your business plan or your personal goals.

If after that, you decide the price of admission is too high, look for a different opportunity. However, the next time you consider a new opportunity make sure you do your due diligence and find out as much as you can about that company and whether or not you can put money in your pocket.

The monthly fee sounds a little high to me but I don't know what you are getting for your money spent either.

I have a list of guidelines that I use when deciding if an opportunity is worth my time and effort. You can see it on my blog .I ask many questions. If the company dosn't meet my criteria - I pass. No emotion, just facts, is how I base my decision.

I hope this helps. I also wish you every success in the future!

Robin Rowe

Take a breath

 First Laura; welcome to BN.  One choice that you made that you will not second guess is joining this site.  Much of what has been said here by fellow members is spot on. You are  correct when you say that you got into the business based on an emotional response.  That is how this business works!  You connected with ideas of possibilities, a future to live into, a difference you wanted to make for you and others. These are all good reasons to get in. Your new reality is that there is alot to learn about if you are new to all of this.  The old style of beating your friends and families over the head to get them to join is a thing of the past (if you want to truly succeed). You will find alot of info her among all the trainings and articles available here. If you want to speak with a live person, you can do that too. Just send them a message and create that relationship. It is really very easy to do. I and others are available to you.

I look forward to following your journey and your path of success.

RevnU 2Success,

Claudia 

Sounds like a lot to me!

Hi, Laura,

Wow!  I wish I had met someone like you.  It costs $29 to join my company and I still have a hard time enrolling customers/business builders!  Whether you're "just" a customer or a business builder, you still need to buy product every month, and that seems to be a sticking point to those "commit-a-phobics" out there.  But even with the product I buy, I net a couple of hundred every month.  Not bad since I've kind of put my business on the back burner while I educate myself on this attraction marketing model.

All that to say - I'm sure there are lots of companies like mine out there that won't cost you an arm and a leg, so keep researching.  No one can afford to be throwing money away in this economy!

Anne

Sounds like a lot to me!

Hi, Laura,

Wow!  I wish I had met someone like you.  It costs $29 to join my company and I still have a hard time enrolling customers/business builders!  Whether you're "just" a customer or a business builder, you still need to buy product every month, and that seems to be a sticking point to those "commit-a-phobics" out there.  But even with the product I buy, I net a couple of hundred every month.  Not bad since I've kind of put my business on the back burner while I educate myself on this attraction marketing model.

All that to say - I'm sure there are lots of companies like mine out there that won't cost you an arm and a leg, so keep researching.  No one can afford to be throwing money away in this economy!

Anne

How much should it cost?

I've already weighed in on this once, but a few statements for summary and clarity.  Readers are given the option of judging WHAT?  The $150-$250 figure includes how much in product?  In what products?  In product you are definitely sold on and would have no reservations in recommending same to others?  Is any inventory at all necessary?  This sounds to me like a program that should be designated "primary"--if the compensation plan presents good residual income.  A primary plan, I believe, is best promoted indirectly where affiliate programs give you cash in your pocket to pay for highly qualified leads for your primary program.  And growth of the primary program is long-term.  If the products you purchase are too expensive for your overall budget, then the adjustment should come in your "use cost", reducing the amount to fit your budget.

Lottie

Over paying fees

I read your reply to Laura and I would like to know what MLM you are affiliated with that did not recquire any money to join.

Product cost

Product cost is a lot like "what is the price of a car". 

Most people buy cars on emotion because it makes us feel a certain way.  After the feeling goes away we still have the car payment.

There are markets for all levels of buyers.  If the product is a great product and you can have the confidence to promote it to the right audience, then you can succeed.  But if you have doubt, then what message are you sending to your prospects?

There are many of us that base decisions on emotions.  If you were to look at your company or any other as a business and detach yourself from emotion and hype, then how would you move forward? 

So if you are uncomfortable with the "car" your driving, you might want to look at trading it in.

Having a great product is important, but do not overlook how you will move the product.  You need the confidence to hold your head high and work with a great marketing team, so your never doing it all on your own.

There is a big difference between teamwork and cheerleading.