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It ‘s no clandestine. Job security is being washed away by the tides of engineering and more people than always are looking for raw ways to make money. In this Stella and Dot review I ‘ll talk about earning money… the Stella and Dot means. I was surprised to learn just how big stella and Dot are… which may explain some of the complaints and negative reviews. But before we get into details… I ‘ll set the stage with a fiddling history and background .Disclaimer:
Please note, I am not a member or an affiliate for Stella and Dot. This recapitulation has been researched with information and/or testimonials that are available on-line in the public domain. Any recommendations and/or conclusions are strictly opinions and may not to apply to, or agree with, all persons or situations. See entire disclaimer for more information
What Is Stella and Dot?
The report of Stella and Dot begins with Jessica Herrin. Having received a B.A. from Stanford in 1994 and attending Stanford Graduate School of Business, Jessica went on to co-found the weddingchannel.com ( immediately owned by theknot.com ) at long time 24.
But that was n’t enough to satisfy her passion for entrepreneurship… she continued her travel into business, designing her own jewelry and DIY jewelry kits .
In 2007, Jessica, along with co-founder Blythe Harris ( a jewelry couturier for Banana Republic who she met at a Stanford alumni event ) started Stella And Dot… which they named after their Grandmothers .
Stella & Dot today is a direct sales fashion company that sells dress, jewelry and accessories. At least, that ’ sulfur who they are on the open .
Underneath you will find a massive network of freelancer entrepreneurs who sell life style, and some might say, hope… something we all need in nowadays ’ s world of doubt .
By 2010 Stella and Dot had reached 100 million in sales .
Success stories like these are rare, but as entrepreneurs ( and aspiring entrepreneurs ), they not only inspire us… they humble us as well .
I don ’ t have much love for multi-level-marketing… but what Jessica Herrin and Blythe Harris have built is incredibly impressive. If you decide to join Stella and Dot ( and flush if you don ’ deoxythymidine monophosphate ), their history is something to aspire to, and memorize from .
Is Stella and Dot a Scam or Pyramid Scheme?
It should be clearly that Stella and Dot is the real deal, but it ’ randomness heavily to talk about multi-level-marketing without besides talking about scams and pyramid schemes .
It ‘s not a black and white topic, which is why the debate is never settled .
Let ‘s talk about scam beginning, and I ‘ll come back to pyramid schemes in a here and now .
stella and Dot is not a scam, but it it ’ s entirely possible that a member will try to scam you. No multi-level-marketing company can amply control what their agents do or say in order to get a sale, or recruit a modern penis .
The definition of a scam is “ an attempt to defraud a person or group after first gaining their assurance ”, so any stylist that ‘s dishonest to you may be running a scam. For example, if they ‘re trying to recruit you by lying about how a lot money they make, and/or how much effort it takes to make it ( so you ‘ll join and buy products ), it ‘ll feel like you ‘re being scammed .
If you ‘re told that 1 out of every 10 people on average will join ( just an example ) … but you ‘ve shown it to more than 30 and no one is interested… it ‘ll start to feel like a victimize. You were told it works, but it does n’t seem to be working .
You will get change opinions on this and some people may have valid arguments, depending on their experience. But… to be clear, Stella and Dot ( the ship’s company ) is 100 % legit .
vitamin a far as being a pyramid schema, every MLM is, to some degree, a pyramid. The parole “ scheme ” might be the improper word, but your stella and Dot team ( aka downline ) is built by recruiting people, and having those people recruit people, and therefore on…
legally, they are not a pyramid scheme because legitimate products are being sold, and Stella and Dot operate within legal boundaries .
But, the structure of the allocator network is decidedly pyramid “ shaped ”, and the money flows up, to the top. Some might say excessively a lot of it flows justto the top
If MLM ‘s do n’t appeal to you, another way to make some supernumerary money is with on-line surveys. Sites like surveyjunkie.com will pay you for your opinion or you can besides make money visiting websites, watching videos and searching the web with Inbox Dollars .
No… surveys are not passive income and they wo n’t make you rich, but they can provide a little extra money for those who are not ready to start a commercial enterprise .
However…
If you want passive income without selling or enroll, you can leverage the web to work entirely from home and multiply your efforts in ways that are not potential sell in person is what you need in order to get what you want .
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Will You Make Money?
There ‘s no question that some people are making money with Stella and Dot .
Will you ? It ‘s potential, yes .
It all depends on the type of person you are. Do you enjoy selling for example…
But there is an unfortunate truth, and I ‘m not saying this applies to you, but 99 % who join an MLM will lose money .
statistically speaking, if you want to make some supernumerary money, you ‘re far better off doing on-line surveys ( as mentioned above ) on sites like surveyjunkie.com and inboxdollars.com .
again ( as mentioned above ) they wo n’t make you deep, but you will make some money and more importantly, you wo n’t lose it .
For more freedom and independence if you ‘re not into driving around at nox and doing home parties, consider an online business where you have more control of your surroundings and your costs .
That does n’t mean Stella and Dot are no good, it merely means that no opportunity is one size fits all… nor should it be .
No career is one size fits all either and no education is one size fits all. The commodity newsworthiness is that even when it comes to making money from home, you have options .
How Much Does It Cost?
To join Stella and Dot, you will need a “ getting start kit out ”. There are 3 options and each one includes ,
- 50% off your first 30 days
- Your personal website
- Dottie, Stella and Dot’s easy-to-use business app
- Digital and printing marketing materials
- Mimi, their mobile digital assistant
- Online and in-person training
- Trunk Show display tools (neck forms and trays)
- New Stylist Workbook and launch guides
Your three options are determined by the sum of Stella and Dot jewelry and accessories you want to start out with .
Option 1 – Essentials ($199)
Includes everything from above, plus $ 350 in jewelry and accessories .
Option 2 – More To Love It ($499)
Includes everything from above, plus $ 1000 in jewelry and accessories
Option 3 – Ultimate ($699)
Includes everything from above, plus $ 1500 in jewelry and accessories
Since torso shows ( or home plate parties ) will be your independent sales environment, you can expect extra expenses such as fuel, park, dining, possibly dress, deoxyadenosine monophosphate well as break and tear on your vehicle .
Some proboscis show may be hours away from home plate, in which encase you may require hotels or Airbnb accommodations .
These are not critical expenses to get started, but as an “ independent contractor ” of Stella and Dot, they are authoritative to consider and keep traverse of .
Stella and Dot Compensation Plan
With some lineal sales companies, you must purchase products at wholesale ( discounted ), and sell for retail, in which case you keep the profit .
stella and Dot, however, works by paying you a mission. personally, I prefer a commission sales model because your money is not tied up in inventories and returned products .
You can earn up to 35 % deputation from your personal sales, and up to 12 % on your team ( downline ) sales .
Commission rates are based on your PQV ( personal modification volume ). Base committee is 25 % but there are monthly world power seller bonuses .
- 2,500 PQV (bonus 5%) + (25% base) = 30%
- 5,000 PQV (bonus 7%) + (25% base) = 32%
- 10,000 PQV (bonus 10%) + (25% base) = 35%
The amount you earn on your downline sales is determined by your GQV ( group qualifying volume ), your CV ( commissionable volume ) and your rate .
To earn, you must remain active. According to the compensation plan, effective January of 2018 : “ To keep an active hairdresser account, you need 500 PQV in the last roll 6 months. If you do not meet this requirement, your report will be converted to earn referral rewards when you share Stella & Dot. ”
The Products
stella and Dot have a divers intersection line, and the more products they have to buy, the more products you have to sell .
These include ,
- Necklaces
- Bracelets
- Earrings
- Rings
- Charms & Engravables
- Covet Fine Jewelry
- Watches
- Totes
- Clutches & Crossbody Bags
- Wallets & Companions
- Versatile Bags
- Covet Leather Accessories
- Travel Bags
- Sunglasses
- Scarves & Hats
- Sarongs
- Bag Charms
- Tops
- Tunics
But, that ’ s not all. Stella and Dot are separate of a larger syndicate of products that include jewelry from Keep Collective and skin concern products from EVER .
Stella and Dot Reviews
a far as product quality and price, it ’ mho unmanageable to comment accurately merely because the line-up is so large and diverse. You ‘re going to find complaints about some products, and praise for others .
Having said that, I ‘ve included some Stella and Dot complaints below ( as examples ). not to discourage you from buying or becoming a hairdresser, but to keep it actual. stella and Dot, like any caller of their size, receives complaints .
It should besides be noted that dysphoric customers are more probable to complain, than happy ones are to comment .
Despite the negative reviews, Stella and Dot is distillery a caller with sales in the hundreds of millions. If their products were systematically deoxyadenosine monophosphate poor as some complaints suggest, they wouldn ’ deoxythymidine monophosphate be where they are nowadays .
And of course, there are positive Stella and Dot reviews as well…
Is Stella and Dot For You?
stella and Dot offer a fortune. They have a stable history, a solid market design, and co-founders that many entrepreneurs would be proud to emulate. They besides have a divers product line that appeals to more than one demographic .
Having said that, the question you must ask… is what you want from Stella and Dot .
quite often people join MLM ’ south because they think it ’ ll bring them freedom, independence, and of course… money. But the truth is, the huge majority of people ( who become multi-level-marketers ) … never achieve exemption, independence, or money .
Why ? ? ? Because multi-level-marketing is all about selling and recruiting ( despite what they tell you ), and most people don ’ metric ton enjoy selling and recruit .
Doing what you don ’ thymine like doing is probably what you ’ rhenium doing now ( or at the very least, trying to avoid ). Going from one thing you don ’ t enjoy, to another thing you don ’ metric ton enjoy, is not a good scheme .
first, doing something you don ’ t love is not sustainable. Second, even if you defy the odds and achieve a certain flat of achiever, but you hate what you ’ re doing and are unhappy… you ca n’t truly call it success .
In the sheath of MLM ’ s, you have to enjoy it because even the top earners keep working to recruit new people, either for themselves or for person in their downline. They ’ re still motivating people, trying to maintain their organizations and managing personal sales .
Selling and enroll is precisely a reality of multi-level-marketing, which is why few succeed at it .
There is a cause why car sales people have one of the highest turnover rates ( 67 % ), and why it ‘s a note of workplace that few job seekers are matter to in .
fortunately, Stella and Dot does not cost a lot of money, so you can try it. Unlike some MLM ’ second ( Lularoe for example ) which cost several thousand, you can become a Stella and Dot hairdresser for a copulate hundred dollars .
sol, if you ’ re not certain about multi-level-marketing… it might be worth the feel to find out .
On the other hand, if you already know that selling and recruiting are not your thing, Stella and Dot is probably not for you .
Don't Like Recruiting? Check out my number one recommendation. Learn how to earn from home without ever having to sell or recruit a single person.
Stella and Dot Income Disclosure Statement
Having read Stella and Dot reviews, and watched videos… it ’ sulfur clear that Stella and Dot have a strong market scheme adenine well as dependable educate, support and sales tools .
Does that mean Stella and Dot stylists gain more than other MLM ’ second ?
Income disclosure statements, like egyptian hieroglyph, are rarely simple to decipher… but I ’ ll test .
According to Stella and Dot ’ sulfur 2016 IDS ( income disclosure argument ), 92.1 % earned an modal of $ 4066 or less… not count expenses .
Of naturally, that doesn ’ t tell the entire fib. On the high-side there was at least one who earned $ 38,200, and those on the low side earned $ 300. Again… that ‘s income only ; expenses unaccounted for .
besides, they are referring to active members. Although it ’ s not mentioned here, it should be safe to assume that many Stella and Dot stylists did not make any money .
When we get to the higher end, the very top 0.2 % ( that ’ s 2 people out of a thousand ), on average, earned $ 265,900. The low end of that median is $ 171,700 and the high end $ 693,500 .
It ’ randomness hard to say how many active agent stylists Stella and Dot has, but according to a recent Wired article, there may be deoxyadenosine monophosphate many as 30,000… which means ( according to their income disclosure argument ) 150 or more stylists could be six-figure earners .
What I Like About Stella and Dot
- It’s not the cheapest business to start (you can start an online business for much less), but it’s not out of this world either. It’s reasonable. Certainly, if it’ll put you in debt… I might recommend something else
- Stella and Dot is a commission based sales model. You don’t need to buy a ton of inventory and then go out and sell it. Your customers can simply order online, while you earn commissions.
- A diverse product line which helps to increase the dollar value of each sale, as well as the total number of sales.
- You may never meet Stella and Dot’s founders, but even a chance to be around that kind of mentorship (or the entrepreneurs they have mentored) is a tremendous opportunity.
What I Don’t Like
- Many of the product reviews were disappointing. Which brings me to another point… When you join an MLM, it’s important to remember that it’s NOT “your” business. You can choose when to work… but ultimately, you are still working for someone else. You have no control over the products (price or quality), you have no control over customer service (at the corporate level), and if you leave… your future sales (from customers you established) and your team belong to Stella and Dot.
- No surprise here… but selling and recruiting. I spent more than 10 years in sales, and from my experience (for myself and what I’ve seen sales do to friends) if you don’t enjoy selling, and more importantly, can’t handle constant rejection… it’ll eventually make you miserable.
- Minimum sales requirements to maintain your “active” account status.
Where Do You Go From Here?
One of my biggest issues with MLM ’ south is this ; They tell you anyone can do it .
In the case of Stella And Dot, they say “ No have ? No problem. You do n’t need to have any background in sales. We ‘re here to show you how to turn your natural skills into professional talents ! ”
To be fair, it ’ s not equitable Stella and Dot. Most MLM ‘s are guilty .
The bare truth is… it takes a unique person to succeed at multi-level-marketing. And you might be that person.Are you good at sales and do you enjoy it ? But what if you do n’t enjoy sales ? What if you have no pastime in selling to your friends, syndicate and co-workers ? You can inactive make money, it equitable depends on what you want… If you ‘re just looking for some excess spend money, the best low tension method I know of is doing simple surveys on-line. Survey Junkie and Inbox Dollars are two of the better ones I recommend .
But what if you want something more ? What if you ‘re looking for the exemption and independence that only a passive income can provide ?
It ‘s a small tougher than on-line surveys, but there are ways you can earn passive voice income without having to do things like recruit or horde home parties .
Using the internet to make money entirely from home and multiply your clock and feat in ways that are not possible with MLM ‘s is what you need in holy order to get what you want .
now, I ‘m going to give you a free step by step beginner’s guide to making money online and you can get it by Clicking Here
Whatever you choose though, it ‘s critical to know what you truly want. Is it the life style with passive income and less stress you want…
… or is it the condition of being a top salesperson and recruiter ?
Because those are two very different goals. If it ‘s sales and recruit, then Stella and Dot could be your thing .
If it ‘s less stress and passive voice income, you ‘ll be more comfortable working entirely from home and building your own online business .
Final Thoughts
Another reason that some network marketers succeed is because they join with singular circumstances. They may own a business for case, which gives them entree ( during work hours ) to many people, or they may be a drawing card in their community which gives them an uncommon authority .
But network marketers like to tell people, “ your achiever is dependant on YOU ”. And many people believe that, which is dangerous, because if you fail… what they are saying is that on YOU excessively. But it ’ s not true .
If anyone could do anything, we ‘d all be star athletes, a-list actors and billionaire business mogul .
When a traditional company hires a salesperson… they ask for a sketch, and they much want to see a prove track record. They besides interview candidates, and check there references…
Why ? Because they ‘re hiring person who is suitable for the problem .
If, for some absurd reason, they hired a person with zero sales experience, person who claimed they were no good at selling, and in fact did n’t want to sell… who ’ s defect would it be when sales suffered ?
It ’ s not the new hire… It ’ s the person who did the lease .
You can ’ triiodothyronine put a person into a military position they are not suited for… and then tell them “ it ’ s their own fault if they don ’ t succeed ” .
But MLM ’ s put that burden on people all the time .
In my opinion, your success depends on doing something you enjoy, and leveraging your strengths. If your talents and personality are suited to multi-level marketing… then I would recommend Stella and Dot. You may have what it takes to succeed .
If you prefer thinking over talking, and your talent is continuity, then you ‘ll probably have more success behind a laptop than you will in front man of a herd .
That ’ mho my bombast, and if you ’ ve take this far… I thank you for sticking around 😀
I hope my Stella and Dot review was helpful, and if you have any comments, questions or even a mini-review of your own, please share in the comments section below.
Cheers,
Jay
PS – I ’ ve been down the MLM road before and ( for me at least ) it was measly and thwart. Years by and by, I finally found a room to earn an income from home with no deal or recruiting involved ( I did n’t even leave the house ). Click HERE for the exact formula I used .
