Comments for BOTTLESOUP http://www.bottlesoup.com Tue, 04 Apr 2017 17:02:44 +0000 hourly 1 https://wordpress.org/?v=4.8 Comment on LuLaRoe or LuLaNo: Will Your Investment Pay Off? by Mrs. Bottlesoup http://www.bottlesoup.com/2016/05/19/lularoe-lulano-will-investment-pay-off/#comment-3631 Tue, 04 Apr 2017 17:02:44 +0000 http://www.bottlesoup.com/?p=5629#comment-3631 Thank you for your comment! As a CPA, your wife thought she would earn more – and the initial investment hasn’t been paid off yet (credit cards)?

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Comment on LuLaRoe or LuLaNo: Will Your Investment Pay Off? by Concerned Husband http://www.bottlesoup.com/2016/05/19/lularoe-lulano-will-investment-pay-off/#comment-3630 Tue, 04 Apr 2017 16:51:07 +0000 http://www.bottlesoup.com/?p=5629#comment-3630 My wife sells Lularoe, I hate it.

She started last August or so with a partner, they put it all on a credit card.

The best part about watching her run the business is her desire to make it work & that she enjoys the journey of running the business with her partner.

Does she make money? Yes.
Is it worth the time commitment? No, financially speaking. And, Big no from Family and Marriage standpoint (my view)
Do they manage or recruit? No, no interest but really that is the way you will make real margin or money for the time being spent.

She makes less than min wage doing this work. Think of it as a hobby you would enjoy but unless you build a team the time v profit is not there IMO.

Her trends are 7000 in sales with some early months of 12000 but the inventory replacement reinvestment scales with it. I showed this to her prior to doing it but she is a CPA and said I was wrong.

I wish I had my original spreadsheet as it showed expected activities per sale, estimated time, and per sale profit when considering inventory replacement – it is pretty close to her experience and comes to 2 dollars an hour.

Fast forward to today and she said she would probably quit if her partner wanted too. As a stay at home mom this is taking way more time than it’s worth for an extra $700 to $1500 dollars a month. Yes we could sell all inventory and make 5k at most split between us (that is at most). Credit card was paid off in 5 months taking no money from the business (work for free). Now the reorder v sales the net is 1500 per month split to 750. Now figure taxes and.. well it’s less than peanuts from my perspective(until inventory is sold off at exit) even still 5 K is not much money to me at all for 8 months.

The company is bringing on more and more reps with more inventory so if you talk to folks that do online sales mostly thru Facebook- most would tell you sales volume is not as good as last year at this time. Expect to spend all weekend doing pop ups. Goodbye family time.

This is not a bad opportunity like a Rodan and Fields but I still think it’s not a good use of an educated persons time unless they want to build a team and set that expectation right with who they bring on.

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Comment on LuLaRoe or LuLaNo: Calculation Flaw, But Still LuLaNo by Mrs. Bottlesoup http://www.bottlesoup.com/2016/11/02/lularoe-lulano-calculation-flaw-still-lulano/#comment-3629 Tue, 04 Apr 2017 16:35:59 +0000 http://www.bottlesoup.com/?p=5741#comment-3629 Thank you, Jennifer!

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Comment on LuLaRoe or LuLaNo: Calculation Flaw, But Still LuLaNo by Jennifer Kitchen http://www.bottlesoup.com/2016/11/02/lularoe-lulano-calculation-flaw-still-lulano/#comment-3628 Tue, 04 Apr 2017 16:14:40 +0000 http://www.bottlesoup.com/?p=5741#comment-3628 One more thing. I couldn’t resist clearing up the accounting but in genereal I agree with you on mlm’s. They target women and I rarely see them turn a profit. Thank you for your post and for replying to all of these comments!

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Comment on LuLaRoe or LuLaNo: Calculation Flaw, But Still LuLaNo by Mrs. Bottlesoup http://www.bottlesoup.com/2016/11/02/lularoe-lulano-calculation-flaw-still-lulano/#comment-3627 Tue, 04 Apr 2017 16:13:51 +0000 http://www.bottlesoup.com/?p=5741#comment-3627 So, in that example, the assumption is that you’ve sold 10 products for $180 profit, can’t sell any more, and have decided to return your inventory for 85% buy-back.

$5,500 initial investment – $180 profit = $5,320 “invested” that you want to recoup. LuLaRoe will only buy back your remaining inventory at 85%, giving you $4,730.25 “back”. Since you are invested $5,320, you have lost the remainder – $589.75.

Does that explain the issue? Where is the error?

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Comment on LuLaRoe or LuLaNo: Calculation Flaw, But Still LuLaNo by Jennifer Kitchen http://www.bottlesoup.com/2016/11/02/lularoe-lulano-calculation-flaw-still-lulano/#comment-3625 Tue, 04 Apr 2017 15:56:52 +0000 http://www.bottlesoup.com/?p=5741#comment-3625 http://www.bottlesoup.com/wp-content/uploads/2016/11/Screen-Shot-2016-11-02-at-7.34.48-PM.png

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Comment on LuLaRoe or LuLaNo: Calculation Flaw, But Still LuLaNo by Jennifer Kitchen http://www.bottlesoup.com/2016/11/02/lularoe-lulano-calculation-flaw-still-lulano/#comment-3624 Tue, 04 Apr 2017 15:54:00 +0000 http://www.bottlesoup.com/?p=5741#comment-3624 Here’s what that looks like:

screen-shot-2016-11-02-at-7-34-48-pm

The chart above this paragraph.

So, you’ve lost $590 attempting to sell LuLaRoe. You may be asking, why isn’t the wholesa

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Comment on LuLaRoe or LuLaNo: Will Your Investment Pay Off? by Mrs. Bottlesoup http://www.bottlesoup.com/2016/05/19/lularoe-lulano-will-investment-pay-off/#comment-3623 Tue, 04 Apr 2017 15:45:08 +0000 http://www.bottlesoup.com/?p=5629#comment-3623 So true, Sami. Where do you sell your candles?

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Comment on LuLaRoe or LuLaNo: Will Your Investment Pay Off? by Mrs. Bottlesoup http://www.bottlesoup.com/2016/05/19/lularoe-lulano-will-investment-pay-off/#comment-3622 Tue, 04 Apr 2017 15:44:08 +0000 http://www.bottlesoup.com/?p=5629#comment-3622 So the norm is everyone sells all their LuLaRoe inventory at top dollar? I’m not buying that, MonkeyHammer.

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Comment on LuLaRoe or LuLaNo: Will Your Investment Pay Off? by Mrs. Bottlesoup http://www.bottlesoup.com/2016/05/19/lularoe-lulano-will-investment-pay-off/#comment-3621 Tue, 04 Apr 2017 15:43:05 +0000 http://www.bottlesoup.com/?p=5629#comment-3621 Haha! Thanks for reading, Kristin. This comment made me laugh!

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