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I love how flexible this company is, for me it has been a slow and steady journey, for others they've reached the top and beyond in a few short years.
You may have already started with your oils and be thinking you want to know more about earning an income and what that looks like, or you may not even have your oils yet but feel a deep yearning for change, a change in your health, a change in your finances or even the need to help and be part of something lifechanging!
Whatever bought you here, welcome I can't wait to share with you the endless possibilities. Below, I'm going to show you exactly how you can earn a 6 or even 7 figure income with doTERRA by sharing essential oils and a lowtox lifestyle with others.
In the graph above, you'll see the average incomes for the different positions in doTERRA. This can be used as a guide to see the income potential once you start sharing your love of oils and creating your own family of wellness changers. This is, by no means, capped either.
The simple way to build a thriving doTERRA business is duplication. You share your love to your people, who share their love to their people and all together you rise into leadership ranks and above. What better gift to give your loved ones than, not only wellness but financial security as well.
So, firstly you need to understand what I'm talking about when I say 'rank'.
Ranks in doTERRA are similar to positions in a traditional business model, you work hard you get a 'promtoion' to the next position. The difference is, in traditional business you either need to up skill or wait for the offer of promotion before you can advance in the company, there is always a limit to your earning potential as well. Your doTERRA rank (or position) increases the more you share, without the limitation of capping your income when you get to the top. The more you share and teach to others, the more you will get paid.
My entire life I've been told, work hard, put in the effort and you'll get ahead (sound familiar?) I have worked 40-60hr weeks, most my working life and never felt like I was getting ahead. With doTERRA you still need to put effort in (in far less hours too) but the difference is, in a few short years I was further ahead financially than I'd been in my entire working life, and the bonus was it was rewarding work!
So, here are the doTERRA ranks you need to know about, and that are available to every single wholesale account:
Executive: 2000 OV This rank is when your business makes 2000 Overall volume (OV).
Every doTERRA product has a PV value (which stands for product volume) usually the same or just under the dollar value. The PV you or someone in your business purchases, goes towards your OV. At the end of the month (Utah time), if your business has 2000 OV, you will be ranked as Executive. Most people are able to easily achieve this in the first 1-3 months by helping about 8 people get started and the income achieved pays for about half your personal oil order.
Elite: 3000 OV This rank is when your business makes 3000 OV.
Elite is the corner stone rank in your business, you would've helped around 10-12 people get stated now, most people take 3-6 months to reach it but many have achieved it in less. Once you hit Elite, it really is about teaching others to reach Elite that creates the duplicity in your business, as every leadership rank is achieved by having Elites correctly placed in your business. This will easily pay for your own personal order with some left over.
Premier: 5000 OV Premier needs 2 executive 'legs'.
Premier is the first rank that placement of the people you're sharing with starts to matter. You will need 2 people (known as legs) who have reached Executive (2000ov) and your overall business needs 5000 OV. So, if those 2 people each help 8 people get started and you help 4 or so, then you'll be there. Usually it takes about 8 or so months to reach premier, but I know of those who've done it in 3! Like I said this business allows flexibility to do it around your life and needs, I had a 1 year old and was going through a separation and it still only took me a year.
Once you have reached leadership ranks, you start to receive bonuses & leadership pools, this is where the residual income starts making a difference! At these levels, you will receive an account manager from doTERRA Head Office that will work closely with you.
Silver: 9000 OV
Silver needs 3 Elite legs.This is where the Elite rank really comes into the structure of your business. You will have 3 legs, each reaching the rank of Elite with 3000 OV. On average it takes people just over a year to get to Silver and at aboout $2100 a month, it could almost replace your current income.
Gold: 3 Premiers
This is where 3 of your business partners, or leaders, will rank Premier and your average income doubles from here on out! Gold is the life changing rank, not only for you but for 3 of your leaders. You would be able to replace your income and your 3 leaders are starting to see some extra spending money come in. On average it takes just over a year to get to Gold, let that sink in...14 months to create a $61,000 business...I don't know any other traditional business that can get you those results in the same amount of time.
Platinum: 3 Silvers
At Platinum you would have shown 3 leaders how to create 3 elite legs and welcomed them into leaderhip ranks. This is your first 6 figure rank, congratulations!!!!Most people take 2 years to get here, imagine what it could mean for you and your loved ones to be platinum. Could your partner quit their job? What about packing up and travelling the country AND still get paid? Would it mean setting your parents or other loved one up to be financially secure themselves? The possibilities are truly endless, this is where you can start to relax a bit and enjoy the benefits or residual income.
Diamond: 4 Silvers
This is where you will have a 4th leg that has reached Silver or above. 4 leaders who will almost be able to quit their own jobs and join you in the abundance of residual income. Diamond is a special rank in doTERRA and you get to walk the stage at Gala!! It takes most people 3 years to get here and on average you will be earning $18,000 per month. This is where you start making a difference in other peoples lives as well as your own, what ever that looks like for you.
Blue Diamond: 5 Golds
At Blue Diamond, you need to have 5 Gold leaders. You will be supporting 5 people reach their goals and be averaging $44,000 per month, more than the average person makes in a year.
Presidential Diamond: 6 Platinums
At Presidential Diamond you have helped 6 of your leaders reach their first 6 figure rank! That's 6 other families who can know achieve their own benefits of residual income. We would have all worked closely together, all rising to this life changing rank. On average Presidential Diamonds earn $116,000 per MONTH! The current growth in New Zealand means that reaching Presidential Diamond within 5 years is incredibaly achievable, as of June 2021 there are only 2 Blue Diamonds meaning this is still an untapped market with huge potential for growth.
Looking at these ranks at the possibilities they bring, can seem overwhelming so let's break it down.
Your business is built on sharing the power of the purest essential oils in the world and supporting others to do the same, it's as simple as that. Our team have tried and true duplicable system already in place, no re-inventing the wheel needed, so that you will be fully set up and supported to change not only your life, but the lives of everyone around you.
Are you ready to say yes? Want some more information on the compensation plan? Have questions?
Send me an email at info@bubstheword.co.nz and I'll be in touch