FAQ’s
Why should I join?
- Because LeTip means “Dollars In Your Pocket”.
- Because someone in our group probably already wants your services.
- Because everyone in our group wants to help you grow your business.
- Because everyone in our group wants you to help grow their business.
- Because you understand the value of a qualified business lead.
- Because you’ve always wanted to attend weekly “power” lunches.
- Because you will be associating with a fantastic, professional, ethical group of business people who are on the move.
What are the membership requirements for joining?
LeTip membership is open to all professionals, business owners, executives, managers and sales people who are not already represented in our group.
What is a Tip?
The definition of a qualified TIP is “a company or person who is interested in a specific service or product and is expecting a call from a LeTip member”. There is no easier way to cement a relationship than by doing business with someone in the group, and no easier way to destroy a relationship than by passing a bogus tip. A tip is a qualified business lead generated from one member for another. Tip sheets are filled out and passed along at meetings to let the “tipee” know about the prospect awaiting their call!
There are three types of tips:
- Inside Tips: Inside tips are completed upon payment of an invoice or money/goods changes hands.Bill goes to Sue’s hardware store and purchases some lawn and garden supplies. He pays for the items at the cash register of Sue’s store. Both individuals are members of the same Letip chapter. The transaction has been completed and Bill is able to tip Sue.Cindy, the dentist, would like to purchase a new spa from John, the spa distributor. Both individuals are members of the same Letip chapter. Cindy talks with George about purchasing a spa (not a tip). Three weeks after their initial conversation John installs a new spa at Cindy’s home. Cindy receives an invoice for the spa and pays John for his services (This is a Tip now.)
- Outside Tips: Outside tips allows a member to make warm call to an individual who is not a member of Letip. Bart, a member of Letip, is having lunch with Zach, a business associate. Zach is interested in finding a dentist for his family. Bart refers Zach to Cindy, the dentist in Bart’s Letip chapter. Bart gives Zach Cindy’s business card and tells Zach he will have Cindy call him. Because Zach is prepared for a call, Cindy will be contacting Zach with a warm call. Bart has set the groundwork for Cindy. Bart has an outside tip to Cindy.
- Interchapter Tips: Interchapter tips are leads or business conducted between members of two separate Letip chapters. Bobby Jo needs cabinets for her new office. Her Letip chapter does not have any one to perform this service. However, another Letip chapter in the area has a cabinetmaker as a member. Bobby Jo contacts that individual and her cabinets are made and installed in her new office. She has an interchapter tip to the cabinetmaker. Her partner Jenny loves the new cabinet in Bobby Jo’s office and wants some in her new office. Bobby Jo gives Jenny the cabinetmakers card. Similar to the outside tip above, the groundwork has been set for the cabinetmaker. Therefore, Bobby Jo has an interchapter tip to the cabinetmaker for Jenny’s cabinets.