Iib
Institute For Independent Business Attractive Business Model, Bad Organization

I loved this business model when I first found out about the IIB back in 2004. Their model is extremely attractive to many senior business executives both in the type of strategic work you get to do and the localized entrepreneurial level at which you perform it.

I had reached a point in my career where I had achieved success in the business world, but wanted more balance and fulfillment in my life. This idea of acting as this trusted business advisor to 5-10 different small business owners in my community and earning from the low 6 figures to close to a quarter million dollars a year was quite appealing to me.

It sounded like an ideal way for me to use my business skills. Past consulting, management and entrepreneurial experience to help other business owners to flourish. I knew I wanted to start my own business, but I wasn't sure I was ready to start from scratch.

I researched both the Institute as well as Action International business coaching (now Action Coach). The IIB is a licensing or business opportunity model and Action is a franchise. I personally found the licensing model to be more attractive, and didn't think the franchise model was the right fit for me although it too is a good business model, and I decided to purchase my accreditation from the IIB.

When I went to my training, and even before that when I met with and spoke with other members of the group, I was quite impressed with the caliber of the other associates.in fact I've never seen an organization so adapt at misleading and deceiving so many extremely intelligent people.

Unfortunately, the best part of this organization is their sales pitch to you on the way in. At the training, we learned how to sell ourselves as accredited executive associates of the Institute for Independent Business, a UK-based international non-profit.

Over the course of the next several months, myself and my fellow associates, began to doubt the system that we had bought. Many became distrustful of the ethics of the leaders of the organization, there were even talks by many of suing the IIB.

I bought my package for 3 reasons - all of which turned out to be of no value: appointments with business owners (made under a false pretense and with ill-qualified prospects, most associates find this to be a complete waste), a network who would send me daily emails alerting me to opportunities for companies seeking to work with someone who had my qualifications (these mostly consisted of guys in England trying to rent out their vacation home in Spain or other irrelevant twaddle), and the trusted brand name of this prestigious organization (it turns out the IIB has no brand awareness in the small business community, and that which does exist is not positive as it consists mainly of those who were deluded into the scheme and are more than happy to expose the lack of ethics of the organization).

I was devastated when I realized that the IIB was a sham and their system did not work; however my disappointment with the IIB ultimately became my inspiration for creating a brand, a business methodology, and a sales process that would make this business model work. I shed the IIB name and went in a different direction, and ceased being a dues paying member of the organization.

I do keep in touch with several of my former fellow IIB associates as they are for the most part, exceptional businesspeople (although I have heard that the organization has lowered the bar and started to let some in who really don't fit the high profile they tout).in my area, I've been told by local leaders in the group that my practice was the most successful of any of the other IIBers they had heard about.

I was disappointed to find out the IIB was a scam but I was still determined to do this kind of work and to make the business model work, especially given that the industry of small business coaching has exploded in recent years and has now become quite mainstream.

The premise on which the model is based is valid small and mid-size business owners do need a trusted business advisor, and seasoned businesspeople can make a good living doing this type of work by adding real value to their clients' businesses.

What the IIB teaches is worthless, but being successful in this type of a business is definitely possible with a strong brand, a sales system that works, and a real business methodology. I created what is now Flourishing Business, an Advisory Firm for Entrepreneurs and have gone on to do quite well with it. I knew that this was a very good business model that fills a great need in the market for a viable self employment alternative for a great many seasoned executives, entrepreneurs and business consultants.

In fact soon into my practice's development, I began receiving inquiries and emails from people who were interested in joining our team. This demand became so great, I knew I had to help these people. So I decided to create a business opportunity for others to benefit from using the Flourishing Business system as well. Upon popular request, I have now begun licensing my model to others. Feel free to contact me if you have any questions @www.flourishingbusiness.com. Elizabeth Gordon, President of Flourishing Business, an Advisory Firm for Entrepreneurs.

Company: Iib
Country: USA
State: New York
City: New York
Phone: 9176394008
Site: iib.ws

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