IBO Facts: Straight Answers to Tough Questions
I'd like to take a closer look at the IBOAI's list of 21 questions and their 'straight' answers. So over the next few weeks, let's see what we can glean from the infinite wisdom of the elected board that makes up the IBOAI.
The thirteenth question on the list is this:
How much money can I really earn? How fast?
This is a great question because it assumes a business sense about the inquirer. This is bottom line, no B.S., and straight forward. It deserves an answer in kind. So what's the IBOAI's response?
This business offers the potential of free enterprise with income potential determined by individual desire. How fast and how far an IBO builds his or her business is dependent largely on that person's personal effort and the entrepreneurial nature of the business.
Well, it would appear that the IBOAI has once again failed to give us a straight answer to a not so tough question. Rather they've provided an ambiguous 'safe' response to cover their butts.
If we take the information provided to prospects and read it thoroughly (something many of us no longer in the business neglected to do when we signed up), we can see that although it is numerically possible to achieve millions, it cannot be done in 2-5 years working the business 10 hours a week. We can also discern from the numbers given on the average income of a typical IBO that the per hour wage you can likely expect to earn is less than minimum wage.
Hopefully at this point the answer is a bit more clear. After signing up to be an IBO, getting on standing order tape, book of the month, and attending the meetings and seminars one needs to attend in order to be serious, you could expect to in fact, lose a lot of money immediately.