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April 11, 2006
Buy Your Quixtar Business
By QBlog in Quixtar
Someone is selling their 4,000 PV Quixtar business on eBay!
I have been in the business for over 18 years. I currently have only one leg and it's at 4000 PV. I have not touched this business in 13 years and it keeps going! I am offering the chance to take over my business. I obviously wont build it any bigger (I havent touched it in so many years!). I don't want it to go to waste, I know there is someone out there that will take this 4000 PV leap and run with it!
So, If you are a current IBO, please do not email me. This leg cannot be added to your current business. This is a chance of a lifetime for a new person to get a great start! The business currently has over 65 ACTIVE IBO's below me! I have one leg at 4000 PV, all you would have to do is to build outside of that leg to start getting the 21% payback on the outside business!
Opening bid is $500. I'm thinking of putting in a bid. I mean, my wife spent much more than $500 in Quixtar and she never broke 1,000 PV. This is a bargain!
UPDATE - April 11, 2006: As of this update there have been six bids. The highest bid is for $820. The reserve is not yet met.
UPDATE - April 15, 2006 Looks like it's up to $1,050 and the reserve has been met (after being lowered). Anyone know how much PV one could expect to earn with $1,050? I'm betting it's nowhere near 4,000 PV. Someone may be getting quite a bargain!
UPDATE - April 16, 2006 It sold for $1,050. That's a 4,000 PV downline of 65 people sold on eBay for barely over $1,000. I have a screenshot if the eBay link quits working.
Comments
I'd like to buy this bussiness if you reply me as soon as possible.
Interesting;
"At one time it actually became an Emerald leg! SWEAR! They hold a steady 4000+ PV level, no I can’t guarantee they will always do that, but I see no reason why they won’t!"
The volatility of Quixtar. It went from Emerald back down to 4000PV.
Amway won't allow this - someone's going to throw away a pile of money for nothin'. If we could have put OUR business on the open market, I'd be a gazillionaire.
Deb
I think a one legged 4000 business would not be all that profitable anyway, unless you do a lot of retail. Width is the key to max out profits.
Why would it have to be offered upline first? I thought one of the benifits of the business was that it was transferable, and that you could give it to someone, say, for example, your kids. Why couldn't you sell it? Also, Why couldn't a current IBO buy it? It sounds like the current owner isn't attending functions or participating in any of the motivational aspects. According to the seller, it sounds like he's just taking in the profits since it is "running itself."
this is not a bad deal... i guess it is a 10-15 year plan, (instead of 2-5 yr plan)....
of course, the proper way to evaluate a business is to "look back" 2-3 years....
what you are looking for is growth (or sales decline)
I thought it was your business! Not your upline,the company or the Kingpins! I guess we see what IBO stands for. I Build Others! Sounds like a communist business or something!
wait a minute...
I don't believe it is prohibited for a current IBO to buy another business, just that it has to be run separately. The seller is empahtic about NOT offering it to any sort of current IBO, not even to someone who has no downline yet. So it appears she is attempting to get someone between her and her downline to build the business--what would stop her from also signing up the buyer as a personally sponsored?
1. Sponsor the buyer
2. Sell your business to them
Result: Seller gets the money AND retains the business
You could even repeat this process over and over by sponsoring new buyers over the previous ones!
Clever, but questionable...maybe the reason why she is twice offering a refund if the scheme falls apart.
Qblog,
Thats the beauty of this business, it's both willable and sellable should you decide to...
Michael> Thats the beauty of this business, it's both willable and sellable should you decide to...
Joe> There's a thread on the forum and Deb posted a story of how she sold her business. It was a long and difficult process and upline and the corporation must approve of all moves. Not nearly as easy as people might think.
But it is a fairly straight forward matter to transfer it to kids.
There is no reason that it couldn't be sold to an existing IBO as a second business, assuming that IBO had some experience, it's just that there's an order of "first refusal" to go through. Diamond Julie Swaffield in Australia bought a second business in a different LoS and built it to Diamond. She's now a Diamond twice :-)
now @ $1025 and less than two days to go. Selling the business would potenially be easier especially to a non-IBO (no fear of leg being transfered). Transfering your business is not hard at all. Our line was transfered out with just six signatures and one fax (upline leg I was leaving, our own signatures, and the new upline leg I was joining).
I know this is kind of off-topic, but just to rebut Brad's contention that things are changing in this business for the better.
IT'S AMAZING HOW NOTHING HAS CHANGED!!
I just crashed a meeting yesterday. Fairly large size meeting - about 500-800 people, by my estimation. The speaker was a former GM employee, and by his own admission had multiple degrees, including an MBA. Wife - don't remember exactly, but - I think they said, former CFO of another company.
Comes on stage and parrots the same BS these people have been parroting for the nearly 5 yrs that I have been crashing meeetings. "Product costs $10 when it leaves the manufacturer's premises, Retailer sells it for $100 because of the markup involved with all the middle-men in between." WHAT A LOAD!!! Now hear a bigger whopper. He goes on to say that, "Quixtar eliminates the middlemen and takes that $90 and keeps 1/3 for itself and gives 2/3 to Quixtar IBOs." Essentially saying that for every $100 in volume Quixtar sells, Quixtar gives back $60, or 60%!!! So, the $1.7 Bil in bonuses paid out on sales of $5.2 Bil is 60%???!!! Or is it more like 33%??? These two lies were parroted in near identical fashion during the last three meetings that I crashed. Although, this guy was slick enough, not to directly say that Wal-Mart has so many middle-men between it and the manufacturer that there is a $90 markup on the $10 product by the time it gets on its shelves (3 meetings ago, the speaker, also an MBA, came right out and said this.....????), I tried to pin him down right after his presentation by asking him whether he was implying that Wal-Mart has a gross margin of 90%. Of course, he immediately tried to spin and evade, and then other IBOs in the room got into the act. One guy actually started asking me, "Why are you being negative?" Unbelievable!! I kept tellling him, buddy this is not "negative", this is just the "truth".
I mean, the guy, by his own admission, has an MBA. Now, what are we to assume? That these two self-proclaimed MBA-degree holders are idiots who "got their degrees in a box of crackers" [to quote Fu's ;-) famous statement].... or would the more accurate explanation be this - "Both of them were a bunch of cheap hustlers out to con the unsuspecting public for the almighty dollar"?
By the way, Brad, that question is addressed to you...
Was a fairly interesting night, a couple of IBOs shoved me - should have called 911 and filed an assault case, right then....
If you want to read all the other juicy details, visit my blog in a couple of days....
Perceptive: Good post.
But you know the IBO saying:
When you have a big enough dream, the facts don't count.
You know if you looked hard enough any skeptic can make anything negative. If your goal is to make everything negative I would have to hate to be in your shoes. Nobody crowns a skeptic. If you're not in the business anyway of what concern is it to yours what goes on. Why don't you go sip on a glass thats half empty. Positive thoughts leads to positive attitudes which leads to positive actions. Ask any self-made millionares they'll tell you the same thing. Good luck to you.
mmm .... I think by the rules it has to be offerred upline first. Otherwise I might buy it and have a Quixtar business to argue with you folk about :-)
ps quixtarwiki got killed by someone - wasn't me.
Posted by: insider | April 11, 2006 9:26 AM