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What are the main differences between wealthy people and not so wealthy people? How they think

What are the main differences between wealthy people and not so wealthy people? How they think How they use their time. Not so wealthy person’s thinking: - Trade hours for $$$. - March 2007: Hours  Dollars  Stuff - April 2007: Hours  Dollars  Stuff.

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What are the main differences between wealthy people and not so wealthy people? How they think

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  1. What are the main differences between • wealthy people and not so wealthy people? • How they think • How they use their time

  2. Not so wealthy person’s thinking: - Trade hours for $$$ - March 2007: Hours Dollars  Stuff - April 2007: Hours Dollars  Stuff This is known as the “Rat Race”

  3. Goal: Buy a new upscale car, like a Mercedes 550 Cost: $1000/mo. Not so wealthy: We need to trade something, either with more hours or less stuff Wealthy: -Get an apartment complex -Say it has 4 apartments -Generate $250/apartment/mo. -$1000/mo. Conclusion: - Wealthy person spent less time - Wealthy person thinks, “It’s not what I do, it’s how I generate my income.”

  4. 3 statements: “Life is more important than money.” “But, I would like more money to support a better lifestyle.” “I don’t want to work my whole life making money.”

  5. A job is a good temporary solution, but… • We want: • Time • Income • Security • It’s hard to have all of them.

  6. Income Goals

  7. If you didn’t have to worry about time and money, what would you do?

  8. We offer you an option to increase your income circle. Have you ever thought about owning your own business? Benefits: -You control how it works -Tax breaks

  9. Say you were at the Mall of America. • What if someone gave you a card that: • Gave you wholesale prices? • Shipped all of the items to your house? • Gave you a check for a percentage of • everything you buy? • -Gave you a check for a percentage of • everything anyone you refer buys? • That is our business model.

  10. What is our business? • In a nutshell: • Redirect  Stuff • Refer people • Receive a check

  11. % “The Mall” Business Model Store Mall Store 1000s of Customers Store

  12. The Internet and e-Commerce e-Commerce will be one of the largest shifts in our economy. e-Commerce has just started. We are on the front end of the wave.

  13. % Amazon.com Business Model Store Amazon.com Store 1000s of Customers Store

  14. Franchising Supplier - GSF System - HU 30,000 * 10 = 300000 50*40 = 2000/year McDonalds 2% Independent Business Owners (IBO)

  15. % Your Business Model BWW Q Store You.com Store 10 Customers Store Independent Business Owners (IBO)

  16. % BWW Q Store You.com Customers 100, 3%, $90/Mo 700, 9%, $200/Mo 3100,18%,$1000/Mo 7900,25%,$2600/Mo And it doesn’t have to end there…

  17. % • Gross Margin • Bonus checks • Franchisor • 10. BWW Q Store You.com Customers 4% 4% 4% 4% 4% 4% 7500 7500 7500 7500 7500 7500 ($800 x 6) + $2600 = $7400/Mo = $90,000/Year + Other methods of income from system and supplier ($60,000/Year) = $150,000/Year In 2-5 years, you can reach your goals.

  18. Holy cow… Q-12 Qualifiers $45,000/Year Emeralds $67,000/Year Diamonds $150,000/Year Founders Diamonds $270,000/Year EDC $530,000/Year Founders EDC $746,122/Year

  19. Wrap-up • Dream • Desire – the “Why” • Determination • Commitment

  20. How will BWW help you? • Vehicle: a means of obtaining your goals. • We’ll give you an association, where successful • multi-millionaires will help you. • -We’ll give you our personal commitment to help • you believe that you can do this.

  21. What do I do next? • Read and listen to some extra material • -Go to www.thisbiznow.com (we will • touch on this) • Make a list • 2-3 Meetings • Web tour/Ditto delivery (we will touch • on this) • 5. Education • Do you have a time to discuss? Let’s get • you started thinking like a wealthy person!

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