Utility Warehouse

A Decision: Utility Warehouse Pay

A Decision: Utility Warehouse Pay

Decision

Utility Warehouse Partners have all made the same decision. We have all signed the form or clicked the “sign up now” button and we all have the same opportunity.

About 40,000 people in the UK have done the same. It sounds a lot but it’s a tiny proportion of the adult population. Of those 40k about 8000 have actually built their business and are receiving Utility Warehouse pay. Of those 8000 about 600 are significantly successful and have achieved their Utility Warehouse mini.

Having been in this business for 5 years I was pretty embarrassed a few months ago to watch those around me picking up their mini and enjoying reduced financial pressure because of thier consistent effort.

On 10th February this year I had surgery to remove my tonsils. It is not pleasant at any age, but it is particularly risky above the mid 20’s. On 11th February I made a decision to qualify for my Utility Warehouse mini. It was possibly the worst time in the past 5 years to make that decision and the timing is never right. I just decided. With a searing pain in my throat, I made call after call after call. I hit 700 minutes on the phone in my first 5 days. By 13th February I had sent the email to head office requesting my mini. It arrives next month.


Utility Warehouse pay

Excuses

It is easy to make excuses not to do this business. “I’m tired”, “I’m in pain”, “I’m busy”, “I don’t want to lose time with my children”… I have used them all but the cold hard truth is that we would not have the roof over our heads right now if it were not for the income that I have built up over the past 5 years. This week I have been out on appointments almost every night. Was it tough? Yes. Did I enjoy it? Not as much as being at home with my kids. Is it worth it? Damm right.

Utility Warehouse Pay

Last month I picked up £3000 in share options for work I did 4 years ago. That was on top of the gathering bonus and the cvc that Utility Warehouse pay for those customers every month. This month we have enrolled our eldest son into a private school. Not to be snobby but because it’s our only real option. We could only do this because of our Utility Warehouse pay.


Make your decision today, make the right one for you.

You can get more information on the Utility Warehouse business opportunity here: Utility Warehouse pay

Utility Warehouse Partner Earnings: How Much Can You Earn?

Utility Warehouse Partner Earnings: How Much Can You Earn?

Utility Warehouse Partner Earnings

Utility Warehouse Piggy

One of the most often asked questions is:

How much can I earn as a Utility Warehouse Partner?”

The stock answer to this is: it depends how hard you work. While true, this article aims to give a more full and complete answer. There are two main ways that Utility Warehouse Partners are paid:

  • CGB – Customer Gathering Bonus.
    This is a one-off bonus that you are paid when introducing a new member to The Utility Warehouse Discount Club. It takes around an hour to sign someone up (full training is provided). The amount of CGB varies from £2.50 to £40 depending on how many services the customer takes. Typically the CGB is £20 per customer. On this basis you are paid £20 for about an hours work.
  • CVC – Customer Volume Commission.
    This is the ongoing commission that you earn as a Utility Warehouse Partner. CVC is the powerful part of your Utility Warehouse Partner earnings. Every month when your customers pay their bills, you will receive a slice of their bill as commission. The commission levels vary between services. On average a typical four service customer will earn you £5 per month. A four service customer will usually be taking home phone, broadband, gas and electricity. If they take mobile as well, then you earn more.

So the harder you work, the more you get paid? Well yes, that is accurate. Also remember that the CVC starts to be paid to you around five months after you sign the customer up. This is because of the billing and commission process.

Achieve £500 Per Month by the End of Your First Year in Utility Warehouse Partner Earnings

Apply to be a Utility Warehouse Partner Here

As Utility Warehouse Partners we are trained to explain that if you gather two customers a week for your first year, that is a hundred customers. With a hundred customers, you can expect to earn about £500 per month in ongoing commission (CVC). It took me four years to gather my first hundred customers, so I have worked comparatively slowly. Keith Bassi, another Utility Warehouse Partner did work at this business hard in his first couple of years. He achieved 200 customers in his first two years. You can see Keith here:

Training

Keith has now given up full-time employment and is a Utility Warehouse company trainer. He trained me on my first training and I am honestly very grateful for his excellent training style. A lot of the finer details that Keith mentioned have stayed with me even though I have re-trained many times since. There is also an fantastic online training course that you can use anytime to sharpen your Utility Warehouse skills!

Utility Warehouse Partner Earnings – an Example

Utility Warehouse Earnings Graph

This graph shows my Utility Warehouse Partner earnings from the day I signed up in July 2009. There have been a couple of unusual months due to business customers of mine clearing their slate. The overall trend is clear – if you keep working, the commission keeps increasing. I do have a reasonable number of customers who live in smaller properties and this is why the CVC is not quite £500 per month. The bottom line is that this commission keeps coming in regardless of whether I do any work or not – for as long as my customers remain with Utility Warehouse. Since 96% of Utility Warehouse customers say that they would recommend the company to a friend, the customer retention rates are excellent.

Get Paid For Resting in Bed

This sounds too good to be true and my experience is that if something sounds too good to be true, there is always a reason. Here’s the story: I have suffered from recurrent tonsillitis since the age of 19 and have had a some painful experiences as a result. Last month I had my tonsils removed. At the age of 34 that is not a straightforward procedure and the recovery is slow and painful.

The great thing about my Utility Warehouse Partner earnings is that I kept getting paid all the time I was in bed recovering. So is it too good to be true? Well, I did do the work to sign the customer in the first place. That’s the catch that most people fall foul of. There is work involved, you do need to pick up the phone and call people you know. I am nearly fully recovered now and looking forward to receiving my Utility Warehouse mini in a month’s time!

Sign Up Now as a Utility Warehouse Partner

Want to start building your own Utility Warehouse Partner earnings? Click here and sign up now as a Partner.

Why Start With Why?

Why Start With Why?

Start With Why

On September 16th, 2009 Simon Sinek, Author of the bestselling book “Start With Why” walked out onto the “TED” stage in Newcastle, USA. He was about to deliver a speech that would define him as an individual and inspire millions of people. Simon’s talk was stunning with his superbly focused method of delivering his message: don’t start with what or how, start with why. It’s a simple message at its core as the best ideas often are.

Subtle Advantage

For 18 minutes, Simon captivated the TED crowd with examples of how companies like Apple swim against the other fish. While most companies start with a What e.g. “we make computers”, the revolutionaries start with a cause, a purpose, a why. Apple famously kicked off their ipod marketing campaign with the “1000 songs in your pocket” slogan. They were not the first to market (kills that stupid theory dead in the water), neither were they the most technically excellent. Creative were the first company to market with an mp3 player and had the technical advantage. Creative made MP3 players, Apple allowed you to carry 1000 songs in your pocket. It’s a subtle difference. So subtle that most people miss it entirely. The embracing of that subtle advantage has helped make Apple one of the most successful companies of all time.

Great Visionaries Starting With Why

It’s not just companies that can gain an advantage by starting with Why. Visionaries like Martin Luther King, Ghandi and Nelson Mandela all started with Why. They were not goal driven per se, rather they were driven by the cause, the passion, the why. None of those individuals started with the SMART mantra, Specific, Measurable etc etc. Indeed to do so would have been ridiculous. As Simon points out, Martin Luther King gave the “I have a dream” speech, not the “I have a plan” speech. politicians these days are so contrived that they turn their electorate off. If they started with a true why, the success would follow.

Goals

Goals, targets and achievements, they are all ubiquitous. Everytime you log on to LinkedIn, YouTube, Twitter or read the newspapers, the virtues of goals are lauded. Goals are very ‘Marmite’, you either love them or hate them. Judging by the massive amount of self-development books and CDs available in support of goals, most fall onto the pro-goals side of the coin. Why is it that we are so determined to map our lives out and to set personal and group targets? Some would say that well structured goal setting has changed their lives and helped them to achieve great success. I would agree that effective goal setting is important. However, I disagree that the overused SMART mantra is necessary. A true goal is in the heart, it is a founded in passion and ignites action. Careful goal choice is vital and is only possible when we temet nosce (know thyself) as famously quoted in The Matrix.

temet nosque in The Matrix

Some of the answer has to fall at the feet of results. It is true that individuals perform better when set a challenging target. It is also true that individuals tend to perform better when pushed as part of a group. Peer pressure is, in the right circumstances more effective than a well defined goal. A great example of this is in fitness training. If you take part in a group exercise such as British Military Fitness (BMF) there is no question – you will push yourself harder, much harder than you ever would as an individual.

Simon Sinek portrait

Simon Sinek Author of Start With Why

Zen and Goals

I am a keen reader of Zenhabits, a top-ten blog by Leo Babauta. Leo is an avid supporter of flow in preference to goals. On first glance the principle of flow does not appeal to me. It seems to be a form of drifting through each day with no particular purpose or cause. Leo would argue that flow is about the journey, not the destination and there, on that point, I think goal-setters would agree. The major difference is lack of target. Chris Williams, famous goal-setting trainer for Utility Warehouse is not an advocator of flow. He contests that is it ok for Leo to flow since he has already achieved his potential. Others who have not yet achieved success in thier lives need goals to progress according to Chris.

I tend to agree with Chris Williams that generally speaking goals are the most effective way to get where we want to be. But I also contest that making a goal should be about a strong Why. In fact I think if every goal-setter out there threw away thier SMART analyses and just did what Simon Sinek recommends in his fantastic book Start With Why, they would be more successful, faster and ultimately happier.

Start With Why book

Follow you path, find your Why and, if it involves a financial element, then it could be worth you looking at The Utility Warehouse business opportunity to help you achieve your Why. Email me now for more information:
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Utility Warehouse: Top 3 Questions Answered

Utility Warehouse: Top 3 Questions Answered

Want to find out more about Utility Warehouse and the Utility Warehouse business opportunity? You have come to the right place! In this article, you will get answers to the top 3 questions that are asked by people interested in Utility Warehouse.

Utility Warehouse

1. Why does it cost £100 to sign up as a Partner?

This is an entirely reasonable question. A salaried job would not require a sign-up fee, indeed such a fee would mostly be unreasonable. Freelance individuals registering with an agency are typically required to pay an administration fee particularly if the agency is also a professional body. The Utility Warehouse business opportunity however is not a salaried job, it is effectively a franchised operation. To give a parallel, McDonalds is the most famous franchised operation in the world. It costs upwards of £200,000 to register as a McDonalds restaurant and to have the right to use the company’s logo, branding and cooking methods. It typically takes 3-5 years before a McDonalds franchisee is able to see a return on their investment.
The £100 that is required by Utility Warehouse head office for an individual to become a Utility Warehouse Partner is a fully refundable deposit. It exists for many reasons:

  • Barrier to entry. Only serious individuals are going to put £100 on the table. Those with a passing interest will quickly be eliminated.
  • Incentive. It is crucial that as a Utility Warehouse Partner, you get off to the best possible start. It is similar to fishing: if you catch something on your first go, then you will be enthused and continue to fish. This initial momentum is vital in your Utility Warehouse business. Once you sign up 3 qualifying customers within your first 60 days, you receive a full refund of the deposit.
  • Ownership and responsibility. It is important that as a Utility Warehouse Partner that you get into the mindset of a business owner. Having made an initial outlay, and received your pack of materials, registered for online and face to face training you will begin to grasp this concept, subconsciously at least.
  • 2. Is Utility Warehouse a pyramid scheme?

    This is a great question, partly because there is a widespread misconception about the meaning of the term ‘pyramid scheme’ . Taking it literally, every company in the world with more than one employee is a pyramid. There is an owner or proprietor, then there are the board of directors. They each have a team of managers who in turn manager a larger group of employees. Those employees produce items or services for a much larger number of customers. This is a pyramid:

    Utility Warehouse

    What is often meant by this questions is actually ‘is this a Ponzi scheme’ (or other unsustainable business model). This is a scheme where money is paid for a position in a structure, often a pyramid. There is no actual product or service supplied in return for the money. Such schemes are unsustainable and eventually most people lose out. These schemes are immoral, unethical and are illegal in many countries. Wikipedia entry here. Furthermore, a pyramid scheme is always about rewarding the business opportunity first, not about products. The Utility Warehouse business opportunity is all about product first. As your mentor, I am not rewarded for recruiting you until you have started to gather customers. There is only an incentive for me to recruit people who are willing and able to put an effort into making a success of their Utility Warehouse business. Similarly, if you recruit a Partner yourself, you will only be rewarded when they successfully gather 3 ‘gold status’ customers.

    Utility Warehouse is an entirely ethically led company. They are listed on the London Stock Exchange (trading as Telecomplus PLC) and are in the FTSE 250. They were even awarded best performing share award in 2011 with an impressive growth profile. Furthermore customers of Utility warehouse are provided with an actual service – their utilities so there is a tangible product. The £100 Partner deposit is used by the company to pay for the classroom training, maintenance an upgrade of online training and the box of initial training materials the each new Partner receives. Once the new recruit has started to gather customers they then qualify for a refund of their deposit. Utility Warehouse then return the £100 in an effort to incentivise them to continue gathering customers. The company of course start to make a profit from those customers who have been gathered.

    3. What are typical earnings of a Utility Warehouse Partner?

    The commission structure is based on an ethical policy of making sure that customers are happy and cared for. Therefore there are no large up-front bonuses. The initial gathering bonus for any new customer is currently capped at £40. The lucrative element of The Utility Warehouse commission structure is the ongoing monthly payments. Each month when a customer pays their Utility Warehouse bill, a small percentage (typically approx. 3.5%) is then set aside for the Partner who signed them up. On 21st of the following month, this slice is then paid to the Partner as ‘CVC’ Customer Volume Commission. This amounts to around £5 per month per customer for a typical 4-service customer. (4 services could be Gas, Electric, Telephone and Broadband). Mobile phone is available too.

    Once a Partner has gathered 100 customers, they could typically expect to receive £500 per month, depending on the quality of the customers that they have gathered. This level can take around 1-2 years to achieve.

    I hope that has been of some use to you while considering the business opportunity that Utility Warehouse has to offer. Please do comment if this was helpful or if you have a question, I read every one!

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Be a Utility Warehouse Partner

Be a Utility Warehouse Partner

Be a Utility Warehouse Partner

It can be difficult when looking into opportunities such as being a Utility Warehouse Partner, and finding that much of the information is conflicting. As an existing Utility Warehouse Partner, I hope to iron out the details for you and explain some of the misgivings others may have faced during their experiences. I believe that being a Utility Warehouse Partner is a fantastic way to make money whether as a full time career or simply as a side venture. Hopefully once you’ve read what I have to say, you’ll be able to make a better judged decision for yourself.

First Steps

You begin by signing up as an Partner, collecting customers who use our services. Once you have three such customers, you become a Qualified Partner and earn an on-going commission every month for the services each of your clients use; so in short, the more clients with more services you bring to Utility Warehouse, the more money you can earn each month. To qualify for your ongoing commission payment you do need to sign one customer up each month, although this requirement is removed when you reach fifty customers.

The Money

You pay £100 for your start-up pack which includes brochures and forms and other promotional materials. Once you’ve signed up three people within thirty days then that sum is returned to you. There is no stock to carry, no finances to look after but a monthly income. You also earn a Customer Gathering Bonus of up to £40 for every new customer on top of your regular monthly income based on the services that Utility Warehouse provide for them. Being a Partner is flexible to your own requirements, and helps you save money on your own bills as well.

When you get to 200 customers, the company let you take one of these out for a spin for a whole month!:
Be a Utility Warehouse Partner

Training

Even the training is flexible, with free of charge online modules and classroom training held at over forty five training centres throughout the country. You choose how often you attend. You’ll be shown how to promote the services, which will help your confidence increase. Some people think it is necessary to choose whether to take it on in a full time or on a part time basis. The reality is that in the early days your commission is likely to be low while you build up a customer base and grow your team. For that reason almost all Utility Warehouse Partners start out part-time and migrate to full time when the timing is right. The beauty for busy people is that it is flexible to suit your lifestyle.

Become a Customer

Many current Partners started as customers and were so happy with the services that they wanted to join as Partners.
For example, Haley O wrote on Netmums:

I signed up as a customer a few months ago as I saw Utility Warehouse as a forward thinking company and the Partner that signed me up was a friend who I trust implicitly. I am very happy with the amount I pay for the same gas and electricity I was using before!

Kellie H from Netmums said

I joined about 6 months ago and I’m really enjoying it. The recommendations in Which magazine have been great and it’s recession proof

Qualities for Success

It is in the Utility Warehouse Partner’s nature to be patient and honest. All the sales are done through word of mouth, which is easy when you have as much confidence in the services as we do. It’s easy to be enthusiastic working for a company that promises to be cheaper than the ‘Big 6’ and has competitive rates for all of its services. The benefits speak for themselves and Utility Warehouse truly looks after their Partners and customers. They have already won ‘Company of the Year’ by the Financial Times, but there is still plenty of growing to do which is what makes Utility Warehouse an amazing opportunity not to be missed.

Slow and Steady Wins the Race

Some confusion stems from those who think that being a Utility Warehouse Partner is part of a ‘get rich quick’ scheme. That just isn’t the case. It is a fantastic way to earn money around a busy lifestyle, and you get out of being a Partner what you put in. The more time and effort you put in, the more money you can make. Once you’ve got a client base, the rest is straightforward. You can build yourself a team and then earn a more substantial income, earning a commission from other Utility Warehouse Partners you have introduced. As a team your success grows in tandem, as well as your income.
In short, Utility Warehouse gives you amazing services and the tools to sell it; the rest of the journey is for you to charter yourself. The opportunity gives everyone a chance for control over their extra income, as well as the hours they put towards it. And that is a rare find indeed.

Got a question of your own? Hit “leave a reply” at the bottom of this page, I read every comment.
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