Lol, I forgot why I quit posting things to try and help people on here. Nobody except me (20+) left my old group after 2014, they were obviously making money. I left to join this new group because we had a baby, and I couldn't meet in the morning anymore. If you don't "trust" a group that helps business owners gain referrals, then that's fine. At least do your homework before you start making false accusations though. Go , hereand pull up any chapter you want, to see all the types of members. $445/year or $685/2 years, if you're accepted. They ask for client referrals that they call before accepting you.
bro I don't need some group of people to give me leads... Waste of time... like give me an example of how this group benefited you... "oh yeah here is this guys number.. he want's to buy some extra small condoms, call him"
Yeah, I didn't expect you to back up your statement. Just like everyone else, you're here to be immature, an ass and jump to conclusions. Waste of time? One lead easily leads to 1k-10k in my pocket. Getting 1-2 per week is well worth 1.5 hours of my time each week. Having clients brought to me instead of me finding them saves time. If you can't see how this benefits me, and any other members, then you must be delusional (just like everyone else in this thread that is here for the same reasons as you).
I doubt these warm leads turn into deals every time... but hey more power to you? what kind of field are you in.. just curious..
They don't turn into deals every time, but I'd say there's about an 80% rate, and one lead can easily lead to 1-10k, like I said. Like you said, they're warm leads. The referrals are given because the people are interested. Financial advising.
it just doesn't add up.... Can you give me an example... in a seriousness I know this guy who needs some small condoms.. can you assist?
Lol, is that the only way you can defend yourself? Continue to be immature? "It just doesn't add up"? So you're going come on on here and bash me for trying to extend an offer to help others, when you can't even back yourself up?
lol i was joking man... but for real can you give me an example of a "warm" lead you closed? ps.. i still have this guy that needs extrraaa small condoms.. let me know...
Sure, what do you want to know about the warm lead? Name, d.o.b., social, address, PY tax liability, present income, value of their key employee insurance, terms of the buy/sell agreement? I know....you can just come to a meeting and see for yourself!
So let me see if I understand how this works. You get paid from referrals right? So if one of us attends this networking event you get paid $X? You earn $X because attendees become hopefully members and pay some sort of membership fee. Then in turn they go out and get more referrals by getting more people to join. Does that about sum it up?
No....every person in the chapter is in a different field, I'm in financial advising. When someone else in the chapter has a client/friend/anyone that needs the services of someone in the group, they can give that referral to them. When someone comes in that has someone needing financial advising services, that referral goes to me. If there's a real estate agent in the chapter, and I know someone looking to purchase a home, I could refer them to the agent. I don't earn anything from people paying a membership fee.
So you're paying several hundred dollars a year to be a part of this group. Including at least $20 a pop for these lunches. You are recruiting us to join in the hope that one of us will know someone who is in need of financial services. And BNI does not, has not, and will not ever pay you a dime for anything?
Yeah, insofar as I'd only network for the sake of industry knowledge or future job referrals, I wouldn't know what to do with house flipping common core tutor SEO specialist life coaches.
I'm not sure why this would be so controversial. It seems like a perfectly logical way to expand a business. If there's an accountant and a financial adviser, there is going to be a lot of overlap of service needs. If the financial adviser always refers clients looking for a bookkeeper to the one in the group, and the bookkeeper does the same for people in need of a financial adviser, everyone wins. Expand that to more industries, and everyone benefits. Each member gets more leads and can also provided added value to their clients by being able to help suggest solutions to other problems. Some partnerships (massage therapist and personal trainer) are more logical and probably lead to lots of leads. Others (financial adviser and exterminator) probably don't. Businesses do this all the time on their own in making referrals to other businesses run by friends, etc. Paying a membership fee to do develop relationships with people of other industries in an organized way doesn't seem all that surprising or unethical. Not sure why anyone would think it's MLM/ponzi/etc.
