LeTip Questions & Answers
What makes LeTip different than any other leads group?
To put it simply, LeTip is the original. We aren't a watered down copy. We set the standard back in 1978 because we created a program to embrace both businesswomen and businessmen. We stick to the format, require our members to be committed, expect excellence and reject mediocrity. We're snappy, successful and honored by the incredibly talented and professional membership who are the true spirit of LeTip.
What can I expect LeTip to do for me?
You can expect LeTip to provide the structure and the guidance of the LeTip program. You can expect your Regional Director or Ambassadors to train your chapter members in leadership and presentation skills. You can expect all the necessary materials to run a chapter to be provided without charge. You can expect annual training in the newest networking and chapter building techniques for your Board Members and Committee Chairs. You can expect your category to be protected. And you can expect our full time staff in our corporate office to assist you when necessary.
What does LeTip expect of me?
LeTip expects you to attend meetings because you can't build relationships if you aren't in attendance. LeTip expects you to pass, on average, one qualified referral every week. LeTip expects you to be ethical, professional and experienced in your line of work. LeTip expects you to help all your members to be successful and they are expected to do the same for you.
How soon will I see financial reward?
LeTip is not a get rich fast scheme. It takes time to earn the trust of your chapter members, to become adept in the networking arena, to learn to promote yourself and your business with ease. If you expect instant reward, LeTip is not for you. If you want to build long-standing business relationships that will earn you qualified referrals for years to come, then LeTip is for you.
How do I know LeTip will work for me?
LeTip will work for you... if you work LeTip. Just follow the program. It has worked for thousands upon thousands of business people. But to be successful in LeTip - or in any endeavor - requires perseverance and the universal understanding that you must give before you receive. There is much to be said about "All for one and one for all!"
Why shouldn't I just join my Chamber of Commerce?
Actually LeTip believes that you should be a member of both your Chamber and LeTip. Your Chamber of Commerce is good for your business and your community. The difference though between a Chamber and your LeTip Chapter is exclusivity. You "own" your category when you join LeTip and your competition is excluded from your chapter. Chambers, by their very nature, cannot exist without being inclusive.
What really makes LeTip work?
You do. The membership. LeTip teaches you how to network smarter. LeTip gives you the structure from which to grow. But it is the chapter as a whole that fuels the success of each member. Rather than just you out there selling on your own, with LeTip you have a sales force of professional business people bringing you qualified leads. Remember, referrals are made based on trust and solid relationships. That's why it is important to attend meetings and build those relationships so your chapter will get to know you, just as you'll get to know them.
What if my category is filled?
Since LeTip only accepts one representative of any profession, it is not unusual to find your category filled. There are two options: you can ask for a search in another chapter or you can spearhead the start of a new chapter. In either case, contact this LeTip Chapter. We'll do all we can to help you find a chapter.
How many meetings must I attend before I can join?
Each guest is required to attend two consecutive meetings before an application can be accepted. An inspection of an applicant's place of business is a requirement of acceptance.
How many votes are required for acceptance into the Chapter?
It depends on the Chapter's size. If the Chapter contains fewer than thirty members, then a minimum of three "NO" votes can permit the Chapter to deny membership. If there are more than thirty 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.
How much does it cost to join a LeTip Chapter?
Your new member fee of $390* (US) is paid directly to LeTip International. Another fee is paid directly to your new chapter. This fee is a minimum of $40, and varies from region to region. Additionally, members are required to pay dues throughout the year. These dues are kept in your chapter and are used to pay for your meal, business mixers and the promotion of your chapter. Each chapter sets its own fee schedule, however dues usually fall into the $125 to $150 range per quarter.
When are my dues required to be paid?
Most chapters collect dues on a quarterly schedule. Each chapter's Board of Directors establishes the amount for their chapter. There are NO paid positions or profits involved, only the actual costs to run the chapter.
Who can I call if I have more questions?
Contact this LeTip Chapter and ask for more information.
*An Increase in tolls, parking fees, and other business expenses incurred by LeTip International for chapter openings and seminar training, require a minimum increase in membership fees for NYC.