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WHAT WE DO. We help people get control of time & money. We help them create a back door income (secondary income) that they can control through a home based business. We help you create an online website that you own.
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WHAT WE DO • We help people get control of time & money. • We help them create a back door income (secondary income) that they can control through a home based business. • We help you create an online website that you own. • Control Your Time - Control Your Money - Growing Industry (17%) - Willable (To your family) – Huge tax advantages FRONT DOOR 1ST INCOME Employment / Career 1234 WHY BACK DOOR 2ND INCOME Online Website Home Based Business Total Control No Control
CASH FLOW QUADRANT “Financial Intelligence” Source: Book – The Cashflow Quadrant by Robert T. Kiyosaki Leveraged Income = Duplication = Ongoing Would you rather have $1,000,000 today? Would you rather have a penny doubled every day for 1 month?
GOALS • Goal 1: $300 - $500 monthly (2-6 mo’s) • Goal 2: $1000 monthly (6-9 mo’s) • Goal 3: $2500 monthly + $20,000 yearly bonus • (9-18 mo’s) = $50,000/yr. • Goal 4: $125,000-$200,000 +++/yr. (2-5yrs) The average monthly Gross Income for “active” IBOs was $202 (U.S.) Approximately 46% of all IBOs of record were found to be “active” based on an independent survey in 2010. “Active” means an IBO attempted to make a retail sale, or presented the Amway Independent Business Owner Compensation Plan, or received bonus money, or attended a company or IBO meeting. “Gross Income” means the amount received from retail sales, minus the cost of goods sold, plus the amount of Performance Bonus retained. If someone sustained that level every month for a period of 12 months there annualized income would be $2,424. There may be significant business expenses, mostly discretionary, that may be greater in relation to income in the first years of operation.
WHY ADDITIONAL INCOME What would you do with additional income?? • Get Out Of Debt • Freedom • Full-Time Parent • Travel • Retirement • Family • Create Options • Savings • Hope • Giving • Helping Others • Less Stress • Feel Like You’re Winning • Reward
HOW WE DO IT We use 3 main forms of marketing and promotions Affiliate Endorsements vs. Performance Endorsements Referral Marketing Social Media
TRENDS • Examples of Trends • Television • Cell Phone • Computers • Online Business
Market Share (%) 100 100 90 90 60 60 30 30 10 10 0 0 2000 1875 1900 1925 1950 2025 1975 Economic Trends Critical Mass 10% - 90% Pre-Need Stage 0% - 10% Radio Television Cell Phone Online Biz Automobile Electricity Telephone
TRENDS Reasons For Online Business Growth Younger Generation High speed internet, wireless, PDA’s Lean Manufacturing Normal Distribution of Products • Manufacturer • Transporter • Wholesaler • Retailer • Customer ✗ ✗ ✗ ✗ ✗ ✗ ✗ ✗ ✗ Your Personal Web Site www._____________.com
WHAT KIND OF PRODUCTS • What kind of products would you want on a website? • What kind of products do people need? • What kind of products does everyone buy at Meijers, Walmart, Target, Sam’s, Costco, Krogers, etc…
Joe & Sue’s Shopping Mall Your Independent Business Owner is Joe & Sue Joe & Sue IBO Email Me (202) 555-1212 Washington, DC Welcome! If you enjoy finding new products that fit your lifestyle, you’ll love what’s “in store!”
FRANCHISING • Supplier • Golden State Foods • Local Store • System Company • Hamburger University • Supplier • System Company • Your Personal Website • (Private Online Franchise) Local Store retains 96% of the profits Parent receives 4% of profits from local store
MENTORSHIP I-COMMERCE SUPPORT TEAM • Privately held, $10.9 B Global Corporation • Distribution and manufacturing • Worldwide support • 600 patents and 100’s of research scientists • Products with a global reputation for quality • 180-day, 100% Satisfaction Guarantee • Premier Partner Stores • Over $39B paid out in bonuses and incentives • Family owned and financially stable • Owners – Former chairman of US Chamber of Commerce • One of the fastest growing Teams • Over 30 years of experience • Track record of success • Personal Mentorship and Coaching • Web-based training • Professionally accredited educations materials • Online business school
Updated Oct. 13.2010 http://www.bbb.org/us/
Built a Wind Farm to produce Green Energy. Enough energy to power 8,012 American Homes (90,000 megawatts) 8,000,000 • Electricity; saved 12,403 megawatt hours per year (enough electricity to run 1,240 homes for a year) • Reduced greenhouse gas by 9,171 metric tons • Saved 20,888,000 gallons of water • Saved 30,407,000 pounds of steam per year • In our Pressure Packaging plant alone, we: • Reduced electricity consumption by 667,241 kilowatt hours (enough electricity to power 66 homes) • Reduced carbon dioxide emitted by 2,025 metric tons (the equivalent to preserving 14.2 acres of forest) 2,300,000 $141 million Saved 10,900lbs. of Paper or 14 trees per month Recycled 78% of Waste in 2009 with 95% by 2014
HOW PEOPLE SAVE TIME AND MONEY ON PRODUCTS? • Order by phone/computer 24/7 with products delivery to your front door. • Save money based on cost-per-use compared to purchase price. Laundry Detergent Window Cleaner Vitamin Water vs. vs. vs. 30% savings Ave. household – 400 loads/year $40/year $8.29 $33.75 $1.49 $7.86 Cost Cost 74% savings At 1 bottle/day: Up to $33.00/month $400/year 9.9 lbs 4.16 lbs 1 bottle 20 tubes Unit Unit $5.29 $11.40 Cost $0.33 $0.23 $1.49 $0.39 Cost/Use Cost/Use 33.8oz 32oz Unit $0.08 $0.16 Cost/Ounce 50%savings Ave. household – 1 Bottle/Month $31.74/year
HOW YOU BUILD AN AMWAY BUSINESS WITH OUR HELP • Buy products that you already use from your website • Save $50 - $200/mo. (Be you own best customer) • Promote products that you use & like • Make $200 - $500/mo. ( Small Business with 5-25 Customers) • Create a better lifestyle by helping others become your business partner • Make $35,000 - $125,000/yr. (Duplication – Develop a Big Business) • Home-based business tax advantages • Can receive money back from job taxes you have already paid - amount depending on your job income and business effort
AMWAY AVERAGE YEARLY COMPENSATION 2009 AMWAY AVERAGE YEARLY COMPENSATION 2009 • AVERAGE SALARIES BY CAREER • Medical Assistant $29,391 • Graphic Designer $39,730 • Teacher $51,941 • Hotel Manager $52,766 • Real Estate Agent $53,100 • Accountant $56,452 • Insurance Agent $63,831 • Registered Nurse $66,629 • Software Developer $70,996 • Finance Career $76,066 • Pharmacist $107,500 • Lawyer $109,045 • Marketing Executive $130,269 • Family Physician $174,114 • CEO $211,857 “The only thing that stands between a person and what they want in life is the will to try it and the faith to believe it is possible." (Rich DeVos Co-Founder Amway Corporation) USA DEPARTMENT OF LABOR STATEMENT The USA Department of Labor states that with the same time & effort an entrepreneur is five times more likely to make a $100,000+ incomethan from a person with a job or career.
What is Your Next Move? • Your 2 Options- Please tell us which interests you. • Saving Money • Saving & Making Money • Get the Facts: • The Better Business Bureau: www.bbb.org/us/ • Go to http://kgbraveheartsteam1.weebly.com/ • We recommend: • A. Book a time within 72 hours • (to have your questions answered) • B. Try some product samples • C. Listen to provided CD’s • D. Attend the next event