Taking the Risk Out Of Business

In order to consider taking out risk we need to look at the pay plan for the product and what is the minimum you need to do.

Obviously we all want to make a lot of money, but most people you will be in contact with are more worried about losing money.

In another page we well talk about making money. There are several levels of this pay plan as you get more and more people in the business. This page is about taking out risk, it about not losing.

There is no other business where you can break even so easily.

To break even you will have to take into account the fact that you will need to track and take the proper tax deductions.

I am not a tax professional so I do not want to give specifics. However, there is a company and App called Tax Bot. They have accountants who can give you the facts. Click here for videos.

Pay plan. Let’s take this at the most basic part of the pay plan.

In this system there are 2 legs. There is one leg on your left and another on your right. When you sign up a new distributor you must put the person in one of these legs. We collect bonus volume points based on how much people buy in each leg below you.

The beauty of the system is that EVERYONE above you also gets the same volume points.

This is how the system is designed to make us work as a team.

Every time you get 660 BV (base volume) points in one leg and 330 points in another you make $49. Let’s call it $50. One pack of patches is worth 55 BV points.

This example is based on each person in the each leg below you buying just the minimum of 1 pack of patches a month.

Many people buy much more. For instance I buy about 30 packs a month becauce I use them in my office but personally I use 6 packs a month. So I alone produce 330 point for everyone above me every month.

In the example below I am the brown dot and you are the green dot.

You have 6 people in your left leg. If each person ordered the minimum, $70 each month then that would be 55 BV (base volume) X 6 = 330 points.

Then in the right leg you have 22 people which is 1210 points. So you would get $50. And you would have 1210 - 660 = 550 extra points left over for next pay period in your right leg.

So you can see that you spent $70, you made $50 plus you have tax savings if you track your deductions correctly.

So it does not take much to break even.

What if you never get anyone in your left leg? Then you get no money at all from the company. However you still have expenses if you track them correctly with tax bot and you can still break even or better.

How long can a person lose money or break even before the IRS does not consider this a business? That is a question for Tax Bot. Or you can watch the Tax Bot videos here for that answer.

If you are simply responsible for tracking your expenses you can make this a risk free business from your first day.

I used examples of very, very small money. You could generate 10,000 to 60,000 or much more in a week or a month. 10,000 BV points is worth about $500.

The trick is to keep signing people up. There are many resources on this page to help you learn how to do network marketing, and how to patch people. You have an up line that you can ask questions to including me if I am in your up-line.

You can feel good about getting people in because you know that you are helping people, you are teaching them a real skill, and you are not putting them at risk. I not did even get into the amazing health benefits of the product….yet.

Sign Up Bonus

When you bring a new distributor into the business you get a sign up bonus which is between $50 and $200.

So just by signing one person up every month would you break even from day one. In the example below you sponsored personally 7 people. That could be between $350 and $1400.

If those people stay in your money would compound, and if they get more people in the compounding would be exponential.

Again this is simply the “Break Even” example. If you want to make money you need to get in a lot of people. If you expect to simply get in and buy a little product you will not get rich; but you won’t lose and you will learn about business and taxes.

Think Like a Rich Person:

Rich people are not as concerned with the money they make as much as they are about the money they keep. The way they do that is by knowing about taxes. You owe it to yourself to learn about how to save on taxes. This is a skill you will need for the rest of your life.

If you are young you might find that you get all your tax money back at the end of the year. So you feel that you don’t need a home based business. What happens when you make more money? Hopefully one day you will make enough money that you are paying taxes. Do you want to wait until then to learn how to save. Learn now.

Someone said to me that “Most people don’t want to pay money into a business to get it back later. They just want the money now. Rich people don’t think that way. Rich people plan and rich people save.

That Which Gets Measured Gets Managed.

If you are trying to lose weight you better weigh yourself. If you are a runner you must keep track of how far and how fast you run.  Likewise, if you are trying to make money you better account for your money.   Personally, I have noticed that since I have been using Tax Bot to track my expenses, my spending habits have changes a lot.

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