Are you also wondering, what is the Initials Inc? Do you want to know if it is a good business opportunity? Are you in doubt if it is legit or just a scam? Well, to give you an idea about it, here is my Initials Inc review.
Before we jump into the review proper, let me point out that I have always been making reviews about various MLM companies. I made this as a passion because I want to impart to everyone my knowledge and experience towards these programs. By the way, if you want to start another way of earning, check out the #1 recommended work at home opportunity.
Company Name: Initials Inc
Owner: Britney Vickery & Ivy Hall
Price to Join: $100 Starter Kit
My Rating: 7.3 out of 10.0
What is the Initials Inc?
Initials Inc. is a company that was founded by Britney C. Vickery and Ivy C. Hall in the year 2005. This company then stood the test of time as some companies fail in their initial five years.
It offers bags as their main product. The bags are offered in various types and the official website has a product catalog that shows all the bags that are offered. They also sell backpacks and other accessories with embroidered and personalized initials. You should take a look at the website and see if you like anything.
This review is not about the products, but it is about the business opportunity. The business opportunity will be critically evaluated in this review. This review is unbiased and I have no relation to the company.
How Does Initials Inc Work?
First of all when you are successful in joining the company then you are known as a Creative Partner. The compensation plan gives you many options to earn rewards and one of them is iRewards.
iRewards Points are earned by selling, recruiting, etc. You can then earn various rewards when you have enough points. There are some other ways to earn from this compensation plan.
So, let us take a look at them:
Personal Sales: You can earn easily from your personal sales. When you are a Creative Partner then you are paid 28% commission on your personal sales. The maximum percentage of commission on personal sales is paid to the Senior Executive Creative Director who earns a 39 % commission on personal sales.
Promotion Bonus: Promotion Bonus is paid to Creative Leader and above positions. This bonus is obviously paid when you are promoted for the first time. The highest Promotion Bonus is paid to the Senior Executive Creative Director and it is $10,000.
Hosting Parties: You can also earn when you host parties and the average earnings of a party differ from person to person.
Team Building: You will obviously earn as you build your team and when they sell the products well.
Others: There are some other ways to earn and you can check the Reward Book that is available on the official website to know more.
Overall, I like the compensation plan and it has a great earning potential. I am not saying how much you will earn, but I am just saying that you can earn a pretty good income if you succeed.
How Much Does it Cost to Join?
The starter kit is worth around $100 which is not that much. The company claims that you can get back the cost of a starter kit in just one party and I think it is certainly possible. There is not much risk of losing money if you do well in the first party you host.
How Much can I Earn?
In this part I will try to determine how much an average Creative Partner can earn. The earnings differ from person to person and that is why I will try to determine the earnings of an average Creative Partner.
You can earn several thousands of dollars per month from any MLM company. But in most cases, the truth is most people do not earn several thousands of dollars and some earn close to zero.
Some people are not fit for marketing and they are not able to give enough time and that is why they fail. If you are fit and if you can give enough time then you may have a chance. You will have to not only sell the product, but you will also have to recruit some people who are very good at this kind of business.
Such people are hard to find and even if you find the right person, there is no guarantee that he/she will agree to join. So, this becomes a game in which you have to make the right moves or else suffer defeat.
I think a hard working Creative Partner can definitely earn more than $500 per month on an average. If you want to earn thousands then you will also have to be a great team builder and marketer.
There is no guarantee of earnings. In some months you may make some good money while in others you may not earn anything at all.
Are There Any Complaints?
Yes, and I have listed some of the major concerns below.
There is no guarantee of success at all.
The competition is making things tougher.
Initial Inc is not a scam and anyone who thinks that this is a scam needs to do some real research on the company.
It offers some great earning potential and variety of ways of earning. However, I must say that this is not a get rich quick scheme. This kind of business requires patience and hard work and it is the same with every business opportunity.
Nevertheless, I still leave the final decision in your hands. Good luck and choose wisely.
- Teaches entrepreneurial skills
- Great earning potential if done right
- Maybe Overwhelming for Newbies
- Need to build a team in order to earn more
Are there Other Ways to Earn at Home?
I know that you want to join in Initials Inc MLM business because you are hoping that it you can find a new source of income. I also feel that you are already tired of not earning that much from your daytime job.
Actually, I also thought that everything in MLM business is easy. But I am somehow overwhelmed and felt that it is not my cup of tea.
I believe that a support system is far way more important in order to be successful in this type of business. In this way, if ever you have questions about anything, you have someone to run into.
Now, your next question is, how can you really make money at home? My best suggestion would be through making your own online business with a support from community. Basically it is a modern way of making money. And this will enable you to enjoy your working time at home.
Basically, you will earn by just following your passion and sharing your thoughts about it to other people.
Right now, I am on my first year in this community and I am already enjoying the fruits of my labor. So, I want to share my success with you.
If you have more questions and concerns about the Initials Inc, feel free to comment it below and I would be glad to interact with you.
Let me hear your experiences on the comments below!