Archive for December 23rd, 2007

Profit or Loss? Compensation or Waste of Time? Let’s Talk About Money!

• December 23rd, 2007
• 4 Comments »

There seems to be at times, a misunderstanding of what constitutes a loss and what it means to profit from this business. I’m going to do my utmost best to make this clear. This is going to be an outline of what to expect if you decide to stock some inventory. I have a feeling that the majority of people reading this already know this; however, you never really know who’s reading so I’m going to post it. This information can also be very helpful when talking to new team members about the inventory options and giving them a clearer picture of what to expect. This also may help to relieve worries of those who may feel they have too much inventory or what not.

I also would like to point out that I’m going to show this from the point of view of someone, like myself, who starts this business as a hobby that can make some money. This reflects someone who may not be confident in their ability to sell a product and are starting out seriously, yet allowing time for growth. (more…)