8 months later…
It’s been eight months since I started this blog. How time flies!
Unless they stop and think about it, IBOs can easily lose track of time in their business. For me in the end, I came to the realization that (1) it was not working and (2) I was basically wasting my time. But, why did it take two and a half years to reach that tipping point?
Chalk it up to those pesky Major Functions every three to four months. I figure it took that long for an IBO to start getting discouraged in the business. They begin to doubt their ability to recruit new IBOs or to maintain their PV levels. Just as the System-haze is starting to wear off, here comes another Major Function: Free Enterprise Day, Family Reunion, or Summer Conference. At these functions, the IBO is showered with love bombs, rock music, and stories of triumph over impossible odds. All this serves to pump up the IBO with the belief that he or she can triumph too, fueling the IBOs efforts for the next several months, at which point the cycle would repeat ad infinitum.
Of course, interspersed between the major functions are various opens and team meetings, which reinforce the System’s teachings upon the IBO. I feel this is why IBOs lose track of time so easily. They are in an endless loop of function after function, meeting after meeting. Life as an IBO becomes regimented and like clockwork.
This is why it’s very important to take a hard look at the balance sheet every month, every quarter, and every year. If profits are exceeding expenses and the profit/time ratio is good, feel free to continue. On the other hand, if expenses are outstripping your profits or if the profit/time ratio is not good, I would recommend making a go or no-go decision on your business.