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Scenario 1Scenario 2Scenario 3
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10 members20 members100 members
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with an avg. membership rate of $45/monthwith an avg. membership rate of $45/monthwith an avg. membership rate of $45/month
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If throughout the course of a full 3 months the Own Your Why®: Community has10members,If throughout the course of a full 3 months the Own Your Why®: Community has20members,If throughout the course of a full 3 months the Own Your Why®: Community has100members,
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then each member can expect a quarterly bonus payment of$32.55then each member can expect a quarterly bonus payment of$48.82then each member can expect a quarterly bonus payment of$61.84
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Here's how I got there:
Here's how I got there:
Here's how I got there:
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Revenue per member (minus CC processing fees)Number of membersMonthly revenueRevenue per member (minus CC processing fees)Number of membersMonthly revenueRevenue per member (minus CC processing fees)Number of membersMonthly revenue
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$43.40x10 = $433.95$43.40x20 = $867.90$43.40x100 = $4,339.50
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The monthly revenue of $424.20 will then be distributed into the following categories.The monthly revenue of $848.40 will then be distributed into the following categories.The monthly revenue of $4,242.00 will then be distributed into the following categories.
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Overhead$108.4925%Overhead$108.4913%Overhead$108.493%
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Profit Sharing$108.4925%Profit Sharing for members$325.4637%Profit Sharing for members$2,061.2647%
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Taxes$108.4925%Taxes$216.9825%Taxes$1,084.8825%
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Maggie's Pay$108.4925%Maggie's Pay$216.9825%Maggie's Pay$1,084.8825%
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$433.95100%$867.90100%$4,339.50100%
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Estimated monthly profit share per memberEstimated monthly profit share per memberEstimated monthly profit share per member
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$108.4910 = $10.85$325.4620 = $16.27$2,061.26100 = $20.61
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Profit Shares will be paid out quarterly, so here's what you can expect to receive.*Profit Shares will be paid out quarterly, so here's what you can expect to receive.*Profit Shares will be paid out quarterly, so here's what you can expect to receive.*
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$32.55$48.82$61.84
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*This assumes that the number of members stays the same over the three month period, and it also assumes that you were a member for that entire three-month duration before that quarterly payout. In reality, there will be more fluctuations, so I'll keep a Google Sheet updated with the real membership & profit sharing numbers that I'll update when we have membership changes. *This assumes that the number of members stays the same over the three month period, and it also assumes that you were a member for that entire three-month duration before that quarterly payout. In reality, there will be more fluctuations, so I'll keep a Google Sheet updated with the real membership & profit sharing numbers that I'll update when we have membership changes. *This assumes that the number of members stays the same over the three month period, and it also assumes that you were a member for that entire three-month duration before that quarterly payout. In reality, there will be more fluctuations, so I'll keep a Google Sheet updated with the real membership & profit sharing numbers that I'll update when we have membership changes.
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