I'm Irish and Scotch by birth and married into an Irish and Dutch family.
That alone should tell you I'm frugal by nature. Those of you who have read here before have noticed my advice to go to your local public library for books rather than spend money on something unread — I spend on books I value or love rather than spending first and being disappointed later.
Which leads me to a clarification about our discussions about IBO profitability.
When we talk about increasing IBO profitability at all levels we're talking net profitability — what an IBO earns after expenses. If you're making money but spending more on your business than you're earning, then you aren't profitable. I posted a month or so ago about the 20 questions anyone considering our or competing opportunities should ask before they sign on the dotted line. And one of those suggested was understanding expenses related to the business.
Any IBO starting a Quixtar business will have some expenses. Unless you're skateboarding or pedaling your way to see customers or to talk with someone about the opportunity, you're burning fossil fuel and we know what that costs. You may have long distance telephone calls. You've already invested in your Quixtar registration, possibly a product pack and potentially a subscription to Achieve. You may have decided to purchase some BSMs.
In other words, you've spent before you've earned, and you need to first earn back your initial investment and then create a pathway to profitability which means keeping business expenses in check with your earnings.
After all, if you're not earning more than you're spending to do your business, you're not profitable. And you're probably not very satisfied with the business, either.
Lots of factors go into whether this business is right for someone. Profitability shouldn't be one of them.
