Estimated read time: 4 mins, 4 secs
In the world of entrepreneurs, opening a franchise is one of the quickest proven ways to becoming a millionaire. Think about it: you have a strong brand behind you, your advertising and marketing are mostly taken care of, and you don’t even have to scout real estate in most cases. So why doesn’t everyone just open a franchise?
Because there’s a great irony to that: You already have to be a millionaire to open almost any corporate franchise. Many fast food franchises require over $1 million in liquid assets as a baseline to even get a foot in the door, and to get on board with the top names? You’re going to need a lot more than that. Franchising is not an easy or entry-level entrepreneurial venture, so what options exist for the enterprising individual who doesn’t possess virtually unlimited resources, but wants to plug into a proven system for creating wealth?
Ask any of these highly successful entrepreneurs and they’ll all have the same answer for you. They didn’t discover a franchise—though it looks a lot like it. They discovered an Experience. On the surface, the LIMU Experience bears many similarities to operating a franchise. You’re plugged into a powerful brand and a proven product line. You retain a lot of independence, but have the full support of a motivated corporate staff. The benefits, however, don’t end there.
Forget Franchising Fees
Never mind the cash on hand that you need to start a franchise—the royalties, costly overheads and franchise fees themselves can be astronomical. One of the most popular chains in the country will take 15% right off the top and then another 50% off of gross sales before taxes. LIMU, on the other hand, only requires $499 to plug right into the full compensation plan, and even that amount comes with a supply of product, marketing materials, training systems and tons of free tools that can help you recoup your initial purchase money right away.
Mentorship, not Management
Everyone climbing the corporate ladder aims for a management job. Many who start their own business do so because they want to be the boss. Being looked to for guidance and direction, without having to ever be told what to do, has quite an allure, doesn’t it? That’s until the shortcomings of management rear their head.
As a LIMU Promoter, you’re in a position to first grow and learn without pressure, then grow and mentor your own team, not manage employees. You don’t have to work around other people’s schedules, deal with personal drama, handle payroll or take on other headaches that come with small business ownership. Just grow, earn and lead.
The World Is Your Territory
Almost anyone starting a franchise is going to start out handcuffed by one little required document: the non-compete agreement. These, in effect, limit you from the start to the specific territory in which you’re able to sell, or where you’re able to open your franchise. Sometimes it can be limited to a few zip codes. Other times it can be a few city blocks. With LIMU, you’re able to sell products, build your team and be the brand as far as your feet, your car or your social accounts will take you.
You might live and work out of Prescott, Arkansas, but you can have Customers and Promoters in Pasadena, California. It’s encouragement to not just get out of your neighborhood and find out what’s around you, but to get out of your comfort zone. After all, an important part of your LIMU Experience is promoting your own growth, not just as a business owner, but as a person.
You Pick Your Own Hours
The greatest burden of the ordinary small business owner is an inherent one: that they own a small business. Unless you set and maintain regular, consistent, reliable hours, you’re not going to be in business for very long. After a while, it can start to feel like you’re chained to your business, because you’re not going to be inclined to leave its care in the hands of someone else while you take time off. The business you own ends up owning you.
As a LIMU Promoter, you own a business that’s open when you say it is, that travels with you wherever you go, and grows as quickly as you want it to. If you’re doing it the right way, even when you’re engaged in business-building activities, it may not even look like you’re working to other people. Why? Because all you need is a smart phone to use our powerful LIMU Share App and tap into 3-way calls. From there, you’re hosting and attending LIMU Experience parties in homes for 30-45 minutes at a time. It’s fun, it’s social and it’s far from traditional.
At LIMU, whoever parties the most, wins.
You’re in Business for Yourself, but Not by Yourself
Unlike traditional franchise systems, the LIMU Experience inspires all Promoters to be accountable for themselves, but its business plan allows the efforts of everyone on your team to share in the fruits of everyone’s labors. In short, your earnings are mostly proportionate to your efforts, but you and you team’s earnings are far greater than your personal efforts. Can a traditional franchise owner say the same?