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Tuesday, January 3, 2012

8 questions to ask yourself to know if starting your own lia sophia business should be part of your New Years resolutions

With the economy in the state that it is in, and dozens of Newspapers and TV Shows recommending now is the time to start your own business, people are coming by the thousands to find a home based business that is right for them.  But how do you know which one to choose?  How do you know which one will be a good fit for you?  Is the lia sophia opportunity really right for you?

Thankfully there are literally hundreds of choices of direct sales companies all offering exceptional products and generous compensation plans.   In fact I would even go as far as to say you can have success in ANY of the various companies available – IF it is the right “fit” for you and you commit yourself to working the business.  So how do you know which one is the right fit?  But, starting with an established, reputible and successful company such as lia sophia definitely improves your chance of success.  When comparing direct sales companies, be sure to ask yourself these questions:

1. WHAT are you passionate about?
We all have a passion for something.  What kinds of things can you get really excited about?  Were you the girl helping everyone pick out her dress and jewelry for Prom? Are you are the “Bling Queen” and love to help women feel fantastic adding just a bit of sparkle?  The truth is there are going to be down days in this business, and it will be your passion that gets you through them.   Ask yourself honestly what kind of product you can be so passionate about that you keep on keeping on, even when people are telling you no. 

2.  WHAT are you strengths? 
If you were applying for a job position, what would the strengths be that you are bringing to the table?  Are you organized? A good communicator?  Do you like talking to groups of people or one on one?  Can you talk about delicate subjects and clearly communicate your recommendations?  Some lia sophia advisors are natural sales people; they love sharing the jewelry styles at shows and have incredible sales.  Others are great at sharing the opprotunity with others and manage a successful team by giving their teammembers the support and encouragement needed.  You can build this business exactly around your strengths, and you can also take advantage of the plethora of training available to improve in areas you're not naturally talented at.

3. HOW will you work?
Another great opportunity that lia sophia has to offer is freedom to work your business from your home and by throwing fun parties for groups of women.  I do this part time (4-5 shows a mont), but I have teammembers who work full time (7-10 shows) and those who work casual (1-2 shows a month or less).  But I have also had the opportunity to do one on one consultations and lead large classes and talks about fashion and accessories.  It's importnat to ask yourself many hours can you really commit to building your business, and know that you can do exactly that with lia sophia.

4. WHAT does it cost to be in business?
The cost to start a lia sophia business is low, only $149, and the return is incredible! For just $149, the lia sophia Starter Kit gives you a generous selection of our top-selling styles (valued at more than $1,000), along with everything you need for your first five Shows. 

5. HOW often are new catalogs/product lines released?
Companies continuously add and remove products from their product line, but knowing how often you will be changing your demonstration or adding to your kit is important.   “New products” is a great reason to keep in touch with your customers, but changing your demo every month may also pose a problem.  lia sophia brings in new product twice a year, and only retiring and bringing in a selction of new items not changing the entire catalog.  This way, the product stays current with today's fashion trends, but you don't need to replace your inventory when a new catalog comes out.  Also, advisors on my team have the chance to earn the Gems Kits, up to $1000 worth of jewelry, from the new catalogs!

6. HOW will you be paid?To someone new to the direct sales industry, a Compensation Plan can be pretty overwhelming.  Sadly many companies in an attempt to “stand out” are making their Compensation Plans harder and harder to understand. It is important to know when exploring direct sales companies, do they earn commission – money paid out collectively based on sales of a certain time period, or do you get a buying discount – where you purchase products at one price, and sell for a higher price.  At lia sophia, it's simple.  Every week you are paid 30% commissions, directly deposited to your bank account, for the sales submitted the week before.  If you are a manager, you earn 40% plus 10% of your team.  It never goes up or down based on sales.  It's always cold, green, spendable cash!  You also can earn additional jewlery premiums and all-expenses paid vacations, but your commissions never change!

7. WHAT kind of support does the company offer? 
When trying to choose between direct sales companies, look for what kind of support and tools are offered to the Consultants.  Are there training opportunities available – either in person or virtually?  At lia sophia, we offer optional monthly team meetings, a great opportunity to meet one on one with others in your team.  We also have several online webinars available 24/7, and monthly publications with today's fashion scene and ideas how to share the love of jewelry!  My favorite experience with lia sophia is the annual conference, where the best of the best lia sophia advisors share their shows with us, we hear from celebreties such as Gena Davis and Clinton Kelly, and we have the chace to visit one-on-one with our company's top exectutives!

                                        

8. WHAT is the risk of joining?
Some direct sales companies offers a buy-back policy that amount to hundred hoops to jump through, or have a financial penalty for opting out. The best part about lia sophia is if you join and after doing your first 5 shows discover it's not right for you, there is no risk at all.  You get to KEEP the $1000 in jewelry you received in your Starter Kit for yourself with no obligation what so ever! So there's no risk in trying it out for $149; your rewards are beyond the cost to start up!


Choosing the right direct sales company is so important, and I am confident that lia sophia is the right choice for many women.  To learn more, please visit my website here, or call me at 952-212-2900 and I'll be happy to answer any other questions you may have.

Kiki