On Thursday 03 April 2008, jacie3146 wrote:
> Hi Jenna,
> Just wondering if Matt went to the conference this weekend in
> Louieville, KY? My son did. I asked him a few questions about how
> much it costs for the weekend. Between renting a van, gas, hotel, and
> the admission ticket it's about 230.00$. He will have to pay for
> meals and he'll probably buy an IBO t-shirt.
He should get one that says, "I'm a AW IBO and work my butt off and all
I get is this lousy t-shirt -- and they made ME pay for it!"
I did the math on conventions before. On a smaller one my ex-gf went to
the tickets were $100 each and they had 5,000 - 8,000 IBOs going. If
you figure 6,000, then take $25,000 to rent the coliseum (based on
actual figures -- I checked) and $5,000 (based on someone else here who
checked) for insurance, figure that most of the grunt work was done by
IBOs who were given positions of honor as a reward and that the
advertising was done through their network and voicemail (which the
IBOs pay for each month), then there would basically be few other
expenses or costs. That means they take in $600,000 from IBOs or, as I
prefer, IBDrones, and pay less than $50,000 in costs and still have a
profit of over half a million.
Not bad for something they don't make money on.
> He will miss a days pay
> from his full-time job and 2 nights from his part-time job. Sounds
> like a lot of money to spend for a weekend to just hear more of the
> same-old, same-old (which to me adds up to more brainwashing)
> I could think of a way to get him to miss some of these weekends.
It makes me wonder how I, or many other business owners, ever got
started without hearing from cheerleaders about how great our
opportunity was!
Hal
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