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Quixtar Blog: Quixtar Average Income
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« A Logical Loop
Main Monday Reader Mail: 4
»
July 11, 2004
Quixtar Average Income
By QBlog in
There's apparently some confusion about the Quixtar business opportunity and I'd like to make three points that will hopefully eliminate some of that confusion. Those promoting Quixtar claim that, when run properly, a Quixtar IBO can achieve "financial freedom" and do so in just a few years. Critics of Quixtar contend that such claims are bogus and that most IBOs end up losing money operating their Quixtar business. Who's right? Who's wrong? Does the truth reside somewhere in the middle? I'll list my points and let you decide.
Point One: Average Income
According to Quixtar's own " disclosure document " (pdf) the average monthly gross income for an "active" IBO is $115 (or $1,380 annually). Just a reminder, gross income means before expenses such as travel, lodging, training, motivational materials, etc. Quixtar even admits that "there may be significant business expenses, mostly discretionary, that may be greater in relation to income in the first years of operation." How many years? Quixtar doesn't specify. Could be two or twenty for all we know.
"But wait," you say. "Averages can be easily skewed by extremely high or low numbers. Many IBOs sign up and then sit on their ass which inevitably brings down the average income."
Well, that's correct. Averages can be distorted by extremely high or low numbers but maybe that's why Quixtar only counted " ACTIVE " IBOs. In fact, Quixtar did not include one third of all its registered IBOs when determining average income. That statistic alone is incredible but let's put it in perspective. The Grand Rapids Press reports t"
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