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Exchange valuable business tips which turns into
$$$. Members work to
provide you with qualified business leads.
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Members provide access to clients you would not otherwise be able to
contact.
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There are no outside speakers. Members identify themselves and their
product or service at each meeting.
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You will be able to display your product or service on a predetermined
schedule.
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No conflicts of interest are allowed. Your competition can't join once
you've joined.
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Meetings begin at 7:16 AM sharp and conclude by 8:31 AM sharp and are
brief and to the point.
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An inspector from LeTip will visit and confirm your place of business.
You must be voted on to become a member.
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The format LeTip has developed is over 20 years in creation. It works!
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Each Chapter has a Board of Directors. Every meeting is conducted from a
specific format.
West
Loop LeTip
business meetings begin at
7:16 AM SHARP and conclude at 8:31 AM SHARP!
Plan to arrive early to meet your new "sales force"!
Question: How many meetings do I
attend before I can join?
Answer: Each
guest is required to attend two (2) consecutive meetings before an
application can be accepted. An inspection of an applicant's place
of business is a requirement of acceptance.
Q: How many votes are required for
acceptance into the Chapter?
A: It
depends on the Chapter's size. If the Chapter contains fewer than
thirty (30) members, then a minimum of three (3) "NO" votes
can permit the Chapter to deny membership. If there are more than
thirty (30) members, then a minimum of 10% of the membership (tallied
from the beginning of the quarter) voting "NO" is required
to permit the Chapter to deny membership.
Q: How much does it cost to join a
LeTip Chapter?
A:
The
initial membership fee is established by LeTip International, Inc.,
and is separate from your local Chapter's dues which are based on its
individual operational costs. Any additional questions should be
directed to your local Membership Chairperson.
Q: When are my dues required to be
paid?
A:
West Loop LeTip collect dues on a quarterly schedule, and the Treasurer
will pro-rate new members' dues when they join to get them on the
Chapter's cycle. The Chapter's Board of Directors establishes the
amount for each Chapter. There are NO paid positions or profits
involved, only the actual costs.
Q: Who will notify me when I'm
accepted for membership?
A:
The Chapter's
Membership Chairperson and your sponsor (if a chapter member) will
call you the day you are voted into the Chapter. A letter from the
President will follow to welcome you to the Chapter.
Q: Who pays for the guest's
breakfast?
A: The
Chapter will pay for the first one and the guest pays for their
second visit.
Q: What's the "Lunch
Bunch" all about?
A:
On a quarterly basis, the chapter treats
"Lunch Bunch" helps members become better acquainted with
their fellow member's respective businesses.
Q: What is a Qualified Guest?
A: A
Qualified
Guest is a person whose occupation is not represented in the
Chapter, and if permitted to join, would not be in conflict with any
of the Chapter's members. Guests are invited for two (2) meetings, and
they must decide about joining at the second meeting.
Q: Once a member of LeTip, am I
confined to conducting business only with other LeTip members?
A: Your fellow LeTip
members are your business' best references, as you are theirs.
Member's LOYALTY to each other explains why the best of LeTip chapters
are so overwhelmingly successful and continue to grow every year.
Support your SALES FORCE and they will support you.
Q: How many tips do I have to give?
A: To
maintain your membership - four (4) tips per month are required. The
real question is: How much business do you really want? You will be
rewarded according to your ability to help others. Really! The more
you tip, the more tips you will receive. It's not a one-way street.
Q: If I have a problem or a conflict
with another member, who do I contact?
A: Members
are asked to talk directly with other members about any problems that
arise. Most of the time this will be an adequate solution. If the
problem persists, contact your Chapter Ethics Chairperson. This is a
person who is not on the Board of Directors and will assist you with
the problem. Every issue is confidential and will be kept that way.
The Ethics Chairperson will take steps as necessary to resolve the
issue using specific guidelines set by LeTip International.
Q: How do I earn my BLUE, SILVER,
GOLD, or Platinum badge?
A: Members
that sponsor a specified number of new members into any LeTip chapter
receive a badge upgrade and a gift from LeTip International, Inc. as a sign
of our appreciation. Blue = 3 members; Silver
= 10 members; Gold = 25 members; Platinum
= 50 members. Our badge incentive program provides recognition for
LOYALTY.
Q: What is the "Poker
Folder" all about?
A: The
Poker Folder is
a tool used by every chapter to encourage members (white or green badge
holders) to bring in a Qualified Guest to the following week's
meeting. Members who do take $10.00 out of the tip bucket. While
members who don't will be required to drop $10.00 into the tip bucket
and keep the Poker Folder for one more week. If at the next meeting
the member brings in a Qualified Guest, they may take $10.00 out
of the tip bucket. Again, failure to bring in a Qualified Guest will
result in the member being required to drop another $10.00 into the tip
bucket. LeTip's rules maintain that no member may hold the Poker
Folder for more than two weeks.
Q: How long do I have to do my
commercial?
A:
At
each meeting every member receives 30 seconds to pass tips,
and do their commercial. Begin by informing fellow members - "This
is the way you can best tip me". Make it count.
Q: When do I get to Showboat, Greet,
and Speak?
A:
The
Chapter's Program Chairperson sets a schedule for the Chapter so
everyone has an opportunity as they join the group. The first week you
greet; second week you showboat; and the third week you
are the Speaker.
Q: What do I do when I'm asked to be
the Showboat person?
A:
Showboating allows each member to properly display and showoff their business'
service and needs to fellow members. Each week's Showboater is asked
to arrive and set up their company's display of products or services
by 7:01 A.M. SHARP. Making a real effort to "DISPLAY" your
business will have an enormous impact on the amount of tips you
receive from fellow members.
Q: How long do I have when I am the
Speaker?
A:
Eight
(8) minutes.
Most Speakers receive more than their average weekly tip count at this
single meeting.
Q: What is VISITATION day?
A:
Each month, all members are asked to visit another
member at their place of business for 20 minutes to 1/2 hour to learn
about their business. At the last monthly meeting, you will give a
commercial for that member when you receive the tip bucket. If for
some reason, you didn't visit that person, you personally hand that
member ten dollars at the meeting.
Q: Can someone attend meetings in my
place?
A: Only
as specified by LeTip International, Inc., an alternate may attend six (6)
times per year, and never more than two (2) consecutive meetings. That
person must be a qualified substitute, not a secretary.
Q: Who tracks my attendance and who
do I call if I'm going to miss a meeting?
A: The
Vice President. Always call if you're going to miss a meeting. You
must attend at least 80% of all meetings.
Q: What is a "Fiver Day"
all about?
A: This meeting day occurs once a month, and is set aside to give members
the opportunity to bring and introduce Qualified Guests to the
chapter. It is recommended that everyone bring a guest. Those members
who do bring a Qualified Guest are permitted to remove $5.00
from the tip bucket when it is circulated. Members who do not
bring a Qualified Guest are fined $5.00 which is placed into
the tip bucket when it reaches them.
Q: Why do we have fines?
A: The
answer is one of accountability. Fines are not meant to be punitive.
Most of the fines LeTip imposes on its members are small and only
serve as a reminder that you have certain obligations to your fellow
members and your chapter as a whole.
Q: What does LeTip International,
Inc. do for me?
A:
LeTip
International, Inc. is a support structure for over 400 chapters
throughout the U.S. and Canada. We provide most of the materials
necessary for your chapter to operate at no charge to you, and
make sure those materials are only a phone call away. We also provide
a full-time, paid staff to assist your chapter in the areas of
leadership and growth every step of the way. This includes seminars
for your Chapter's President and Board of Directors. Our staff also
includes full-time Regional/Area Directors and Managers, as well as
regional Chapter Ambassadors to ensure that every chapter is receiving
the necessary support it requires to focus and expand its membership.
Q: Who can I call if I have more
questions?
A: Contact the LeTip
International, Inc. Executive Director
for your area. If you don't know who
or how, call (800) 25-LETIP and ask for more information regarding
your area.
Members Speak out!
"As a mortgage broker I have spent years trying to find business partners to grow with. By joining LeTip, I gained over twenty partners instantly who have helped me grow my business by leaps and bounds. In fact, since joining LeTip, I have generated an average of $2500 dollars in my pocket monthly. It's the best thing I have done for my business in years and my clients who have worked with members I have tipped appreciate LeTip almost as much as I do." Dylan Kramer,
America's Mortgage Choice
"“The closed business
leads I have amassed over the past five years through my contacts with LeTip
have allowed me to expand my business and hire new talent to grow.
Additionally, I have become a very valuable resource to my clients and
someone they turn to when looking for quality goods or services. There
isn’t a comparable networking group that can provide both consistent,
quality referrals and one that aligns you with the industry’s leading
product and service professionals.” Matt Baumann, Special Assets, Inc.

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