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“A More Meaningful Life” Family of Products. Opportunity - Healthy income. 5,883% growth. Cash Flow Quadrant. E. B. S. I. The 45 Year Plan. Financial Freedom Retirement. Median US Household Income. Average US Savings at 65. $50,221 * * 2009 US Census Bureau.
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“A More Meaningful Life” Family of Products
Opportunity - Healthy income 5,883% growth
Cash Flow Quadrant E B S I
Financial FreedomRetirement Median US Household Income Average US Savings at 65 $50,221* * 2009 US Census Bureau $56,212* *Employee Benefit Institute
Our Business Partners MVP Training MonaVie • Marketing, Training and • Leadership Development • Company • Leaders with Hundreds of Years Experience in • Industry • Develops and • Distributes the Products • Opens New Markets • Around the World • Established and runs • the MORE project
What is Monavie/MVP Business Model ? • No Business Background Needed • No Big Financial Risk or Investment • Keep Your Job… Do it Part Time • Results are Up to You • Unlimited Income Potential • Residual Income
Primary Motivating Factors • Extra Income • More Spare Time • Meeting New People • Personal Development • Financial Freedom • Retirement • Have Own Business • Helping People • Leave a Legacy • Source: Questions Are The Answers by Allen Pease Family Charity Security Travel Purpose Time Lifestyle MONA VIE
Financial FreedomRetirement Median US Household Income Average US Savings at 65 $50,221* * 2009 US Census Bureau $56,212* *Employee Benefit Institute
Living Off Your Investments $50,000 Annual Income Save $1,000,000 Use 5% annually While making 5% Interest (you never run out of money) Build a Business with Residual Income of $50,000 Annually • OR
Sole Proprietorship • The most basic level of business ownership • You declare it and you are it ! • The IRS recognizes it • You must act like it • You benefit from it
What Do I Do ? • Create a plan • MonaVie/MVP Business Plan • Work the plan • Document what you do • Calendar/ Journal • Report what you do • Schedule C (your best IRS friend)
Schedule C Profit or Loss From Business (Sole Proprietorship)
Schedule C Profit or Loss From Business (Sole Proprietorship)
Schedule C Profit or Loss From Business (Sole Proprietorship) • Print off form and instructions www.irs.gov • Accountant who understands business • Purchased software • Neat Receipts • Document, Document, Document • IRS Self Employed Tax Deductions & Write Offs 2010, 2011- ytube
My Business Owner Life For Tax Deductions • Mileage ( 2011 .51per mile) • Where do I drive for what • My car my advertising • Home office • Office supplies and furniture • Percentage of the cost of home upkeep • Telephone • Computer
My Business Owner Life For Tax Deductions • Travel for Business • Airfare to conference, plan showing • Hotel, food, taxi, shuttle, tips • Laundry, dry cleaning • Who and where are your distributors • Any meeting registration for MonaVie, MVP or • LOS • MVP monthly subscription, books, cds, • Free Samples of the product: All Product not necessary for self consumption
My Business Owner Life For Tax Deductions • Advertising, brochures, copies • Free Samples of the product • Hire your spouse, hire your children • Healthcare • Large capital expenditures