Normal Business vs. Quixtar
A life spent making mistakes is not only more honorable, but more useful than a life spent doing nothing.
George Bernard Shaw
Quixtar critics are usually called losers who just can't make it and now they are trying to stop every body else. Let me tell you my another "failure".
We started a vending machine business in year 2000. We bought a franchise for $30, 000 CAD including 17 vending machines and got them installed in different malls. Our parent franchise went bankrupt, left us with no marketing etc. This business generated $100 / month on average for 2 years, and then we took the machines off. We lost $30,000.
We joined Quixtar; quit it in less than a year, lost around $10k in it.
But I am not angry about 30, 000 we lost in vending machines business. Not at all. Sure, loss is 3 times than Quixtar. And I am fiercely angry at Quixtar. I’ll try to explain the reasons.
1) There’s still hope we can sell that business. Because we OWN it. That was a franchise, so is Quixtar, as they say it is. Can we sell our Quixtar business?
2) We were never told in the vending machine business that we can make millions. Just some extra hundreds. In Quixtar promises were so outrageous that now I am wondering how people get fooled into it? Well! Humans tend to trust each other.
3) Our first and only expense on the vending machine business was CAD $30,000. We had to buy material, but its price was very nominal. And we knew about it! In Quixtar, a person signs up thinking $350 (CAD) is the only cost but monthly expenses reaches around $1000. And this is excluding redirection from Food basic / Wal-mart.
$100 / month (6 trips to US, one trip cost AT LEAST $200)
300 PV => $650 extra (300 PV is actually $750 but I subtracted $100 I saved by avoiding Wal-Mart)
Shipment, GST + PST on product = $50
$100 extra fuel
= $1015 / month (extra)
Are prospects told this is the running cost of quixtar business, assholes?
4) When the vending machines business was dying, our expenses reduced. Less material sold means less material need to be bought. Same goes with time required. In Quixtar, both remains the same, rather increase since SOBs (Sons of bitches) push more tapes on you.
5) We didn’t have to cash-in our relationships to make profit in vending machine business. In Quixtar, family and friends are the first one for STP.
6) We didn’t think about vending machines all the time. We, however missed no opportunity to talk to the strangers for Quixtar, and were busy listening / talking to upline / downline for rest of the time.
7) We never felt guilty in vending machine business for not making enough sales, and no one tried to make us. No body neither insulted us, nor begged us. We were not supposed to do these things as well.
8) There was no fucking quota to meet.
9) We didn’t have to go to any association in our or other country to 'learn the business'. And don’t get me started on those damn associations. I’ve written about them in my previous posts.
10) For vending machine franchise, I don’t have to worry that there are other people out there loosing money in this scam. It was just a business which, for some genuine reasons did not work. Maybe if I sell it to some body that has enough resources, this might work.
I'll try to summarize it. I don’t feel bad if I didn’t succeed in a legal business. I do feel guilty, angry and embarrassed when I’m been scammed, and I am used to scam other people.
Let me know if I should think differently. Should I be angry at my failure at vending machine business as well? Should I feel ok with Quixtar? And why?
It seems to me that loss of time and money is not that big a deal. $30K / 10 hours a week for 2 years vs $10K / 25 hours a week for less then a year. Both are losses, yet I'm quite ok with one and so not with the other.