Of course, there is lots of things one should know before we embark on a new business and no less when we join doTERRA
My name is Steve Jackson and a long term doTERRA wellness advocate leader. I have been an entrepreneur, network marketer, online marketer. eBook author, podcaster and a doTERRA Wellness Advocate for many years. My main reasons is that it ticks all the boxes for me and gives me the financial freedom and the global independence I have always desired. This means I can choose where and how I live my life.
I have been building a globally developing business with passionate and motivated leaders in the US, Canada, Europe UK and Australia. In many cases for the first time they are on the journey of a lifetime.
This page will explain what you should before you decide to become a doTERRA distributor. This page is not about putting people off joining doTERRA, but it is about you making the right decision for you. There will be a lot of time, money and energy wasted if doTERRA is not the right fit for you.
I understand when people say to me that they would never join a network marketing business, because it's not possible to make money and yes they have a point. The fact is that running a business is hard-work and running a network marketing business is also hard-work.
However, when somebody starts to realize that something worth having is worth working for, there is a mindset change, which says, “maybe, just maybe network marketing is the solution to the big question of financial freedom”.
So, if you are one of those individuals who has come to the conclusion that running a home based network marketing business is for you, this is the next stage, where I will inform you of the company doTERRA.
When you look at doTERRA for the first time
Before I even thought about becoming a doTERRA distributor I went through the five key points that everyone should go through before joining any MLM / network marketing company. This will make a large difference between choosing a good or a great company as well as success and failure of your business.
The five key points I went through before joining doTERRA was:
The company background and profile
It is true that we are in control of our own success, so it shouldn’t really matter what company we join, however it makes total sense to join a company that will still be around 20 years from now.
So, when I reviewed and researched doTERRA I was happy to find that they were financially stable, had a high retention rate of almost 70% (meaning once people had joined they were happy with the products and business and stayed) and they had a established track record since 2008.
In reality, too many network marketing companies as well as traditional businesses come and go in the world today. This is not surprising with the amount of competition in the market, if your product, management or infrastructure is not satisfactory or competitive enough failure is very possible.
In addition, it is good to know who owns the business and what is their mission statement. In the case of doTERRA this was very gratifying to find that it was in safe hands with was their founder, CEO and chairman David Stirling. And that from a startup it is now the largest essential oil company in the world with more than $1.5 billion in annual sales. This comes from their simple mission of sharing therapeutic-grade essential oils with the world.
What is the doTERRA comp plan and can I make money from it?
Every network marketing company has a variation of a compensation plan to help you make money, there is the the Breakaway plan, the Unilevel plan, the Matrix plan and finally the Binary plan or combination of plans.
doTERRA compensation plan is interesting and effective in producing a sustainable income on all levels. The reason for this is because they decided to use the Unilevel method in combination with other inventive bonus methods such as the Fast Start and Power of 3 bonuses.
The reason was to create a long-term income for new wellness advocates as well as the more well established members. So for the higher ranking members there is Founder’s Club and Bonus Pools commissions.
For a quick overview of the doTERRA compensation plan, watch the video below:
What is all the fuss about doTERRA essential oil products?
There was a few things I was looking for in regards to the product line when I decided to join doTERRA and they were that the products were not too overpriced and have a money-back guarantee. I’m not going into details here but you get about 4 weeks to return unopened products.
In addition, the products should be something that customers use regularly, so something consumable. So, a consumable high quality product that the customer purchases monthly, bio-monthly or at least every six months but cannot be purchased in the supermarket.
One off sales will not get you a long-lasting residual income or financial freedom!
Finally, the exclusiveness of the product is always an asset and in the case of doTERRA that is the case. So, you yourself should be the branding of the products by using them yourself, which is not a problem in my home with my wife using the products everyday. The fact that doTERRA provide the highest quality therapeutic grade essential oils available in the world today puts them far in front of the rest.
doTERRA business and wellness training
doTERRA offers a lot of free training for those who want it, however there is also bootcamps arrange locally by higher ranking wellness advocate leaders.
Personally, myself and my leaders main role is to teach success attitudes, leadership, people skills, overcoming fears, goal-setting, communication skills, money skills, and the like.
The fact is there is many ways to run a doTERRA business, you could run classes or parties, run coffee mornings, run essential oil infused yoga classes or online using social media or blogging, but whatever method suits you empowerment towards success and related skills are hard to learn without guidance.
Fortunately, our team runs weeking webinars and bio-weekly podcasts as well as a great social media / WhatsApp support system, so regardless where you are in the world we can help and support you.
The doTERRA marketing plan
If you are new to network marketing this is going to be the bit where you say, “I didn’t know that would happen”.
Most new to the business believe that family and friends will be jumping at the bite to join their business, but sadly that is not the case. Most people new to network marketing will start asking family and friends to join their, but in most cases will be getting a resounding “NO THANK YOU!”. Then they will blame the company, the products or there is too many consultants in my area.
The fastest way to fail in network marketing is to believe that sponsoring your family and friends will create success. There is a complex relationship between the need for duplication in your business and the marketing strategy of sponsoring family and friends. Yes, I feel that most of us agree that duplication should be the prime objective of network marketing, but why insist on promoting the assets of sponsoring family and friend when the failure rate is so high.
Well, the argument will be by advocates of this method, that the new consultant needs to start somewhere and family and friends is the easiest starting point.
doTERRA I believe has tried to tackled this issue in some ways by promoting the concept of sharing the products rather than bothering friends by encouraging the wellness advocate to be apart of the doTERRA brand by using the oils in their daily lives.
Nevertheless, sharing through personal branding is just one method, but in my opinion that is just the tip of the iceberg in regards to the fun ways of marketing a doTERRA business. Thanks to the internet the world is out there waiting for you to ask them to join you in your journey with doTERRA.
Since beginning my journey with doTERRA I have managed to evolve and develop many different methods of marketing my doTERRA business to the extent that I simply watch it grow without the issues associated with family and friends. And I am proud to say, that I have never sponsored family or friends to my business.
My downline consist of two types of people, ones that love the products and want to get them at a wholesale price and those who love the products and want to earn extra money from them.
Objectively evaluating doTERRA was to my benefit
When I went through the five key point I began to see where I could go with doTERRA and what the real possibilities for success really were. I could see that long-term success towards financial freedom was going to be a reality, however work and dedication was going to be paramount if I wanted to be successful.
All the other elements were already in place such as outstanding product line that customers wanted to buy, a management team that was professional and capable, a doTERRA compensation plan that allowed everyone to get a piece of the pie and a company that I felt I could trust.
What is the reality of being in doTERRA?
I would firstly like to say that doTERRA is a great company to work with and everything works as it should do in a multi billion dollar company. However, I would guess that for some of the more traditional network marketers looking at doTERRA or attending one of doTERRA’s conventions would find it a bit unusual. It could be argued that it may seem at first a bit like a massive yoga class filled with hippies sharing essential oils at a holistic fair. I guess that is somehow true but with all this spiritual vibe wellness advocates are achieving great success and earning more than they ever believed they could in their other lives.
The fact is there is something for everyone in doTERRA, if you are a mother watching over the kids, a old school network marketer or a yoga teacher looking a second stream income, doTERRA has something for you.
