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What is your financial plan? Financial Intelligence Requires a New Approach 1 Back to School/Better Job Second Job/Spouse Work Save/Invest Your Left Over.

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Presentation on theme: "What is your financial plan? Financial Intelligence Requires a New Approach 1 Back to School/Better Job Second Job/Spouse Work Save/Invest Your Left Over."— Presentation transcript:

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2 What is your financial plan? Financial Intelligence Requires a New Approach 1 Back to School/Better Job Second Job/Spouse Work Save/Invest Your Left Over Money OR Invest Borrowed Money Just Wait for Social Security Few People Ever Have Left Over Money Just Trading Time for Money has Limitations

3 Employee Investor Self employed Business Owner or professional Left Side 90% of the people 10% of the wealth FinancialIntelligence Right Side 10% of the people 90% of the wealth Renting your Life Exchange time for money Owning your Life Owning assets that produce income How do you move to the right side with limited capital and time? A change of thinking is required. i-Commerce, a new business model, is the best answer... 2

4 How does i-Commerce differ from other business models? Often 50% or More i-Commerce, works because of 3 key elements 3 i-Commerce IBO discounts Retail profits Volume bonuses Word of mouth advertising

5 Partner Stores and Major Brands What Products are Available? List of Partner Stores is as of December 1, 2013 and subject to change. May vary by market. 4 Well known brands. Save money on purchases. A benefit of membership.

6 Our Primary Markets Anyway Money *Source: Household Gold by Steve Price 5 Health and Fitness $ 1 Trillion Industry 78 million baby boomers – nearly 8,000 turn 60 every day Beauty and Skin Care Over $750 is spent each month by North American households on these items and other things such as electronics, appliance, toys, and more.* Consumables

7 Exclusive / High Margins Exclusive Brands 6

8 The world headquarters spans more than 4 million square feet and stretches for 1 mile 1.5 million sq. ft. of warehousing space $11.8 billion in 2013 global sales 50 + years old - privately held Over 20,000 global employees IBO Compensation Plan Over 1,000 Patents Products and Services Infrastructure BusinessModel 7

9 Education and Team The Education Education Affiliation Optional Professional Training Resources Business School Operating in 36 Countries & 23 Languages The Team Partnering Mentoring Teamwork 8

10 How Do You Make Money? 9 Performance Bonus Schedule * ================== 25% 23% 21% 18% 15% 12% 9% 6% 3% points ways to create points and increase monthly income Buy from yourself Specialize and develop clients Refer others and build a Team SAVE MONEY VOLUME BONUSES UP TO 35% MARGINS VOLUME BONUSES * © 2013 Amway Corp. All rights reserved. All products and services purchased by IBOs and clients are assigned POINTS. Much like with airline frequent flyer miles. Points are accumulated monthly and can result in cash bonuses. 1 point equals about $3.

11 The Team 21 Strategy 10 YOU Traditional Networking The Team 21 Strategy Systematic Development Personalized Coaching Skills Training Segmented Lists Profitability Goals

12 Grow Your Team All incomes are approximate. The average monthly Gross Income for active IBOs was USD $202 (in the U.S.)/CAD $198 (in Canada). Approximately 46% of IBOs in the U.S., and 48% of IBOs in Canada, were active. 1 out of 457 IBOs of record in North America actually achieved the monthly gross income shown in Example 3 in IBOs were considered active in months in 2010 when they attempted to make a retail sale, or presented the IBO Amway IBO Compensation Plan, or received bonus money, or attended an Amway or IBO meeting. If someone sustained that level of activity every month for a whole year, their annualized income would be $2,424 (U.S.)/$2,376 (Canada). Of course, not every IBO chooses to be active every month. Gross Income means the amount received from retail sales, minus the cost of goods sold, plus monthly bonuses and cash incentives. It excludes all annual bonuses and cash incentives, and all non-cash awards, which may be significant. There may also be significant business expenses, mostly discretionary, that may be greater in relation to income in the first years of operation. For the purposes of the calculation in Canada, individuals who were IBOs for less than the entire year in 2010 were excluded. Before registering as an Independent Business Owner (IBO) powered by Amway, you should read and understand the Amway Business Opportunity Brochure, which contains important information for those interested in becoming IBOs. 11 $250 / month $800 / month $2500 / month = 12% = 18% = 25% Additional bonuses and incentive trips available for consistent qualification. YOU 150 Points 300 Points 150 Points 600 Points Example 11,200 group points (GPV) Example 22,600 group points (GPV) Example 37,500 group points (GPV) YOU 300 Points 1200 Points 600 Points 350 Points 150 Points 12% 18% 9%6%3% 9%15%6% 3500 Points 700 Points 2200 Points 500 Points YOU 600 Points Performance Bonus Schedule * ================== 25% 23% 21% 18% 15% 12% 9% 6% 3% points * © 2013 Amway Corp. All rights reserved.

13 Additional bonuses and incentive trips are available for those leaders with multiple 25% teams. Expand Your Team You help other teams reach the 25% bonus level 12 The average monthly Gross Income for active IBOs was USD $202 (in the U.S.)/CAD $198 (in Canada). Approximately 46% of IBOs in the U.S., and 48% of IBOs in Canada, were active. 1 out of every 2,571 IBOs in North America achieved the illustrated level of performance in the year The average Leadership Bonus for North American IBOs of record was $1,124 in the performance year ending August 31, * © 2013 Amway Corp. All rights reserved.

14 The Next Step 13 If you know what you want and you are willing to learn and work, the i-Commerce business model and the Network 21 business school offer an opportunity to create your future. Teams are forming right now…Why hesitate? Register as an IBO. Think about what you would want from your new business (if you know why, we know how). Schedule a Starting Point session to activate your new business. Place your first order with Amway.com and begin your business. Education available through CEP, Builders Package and Seminars. Meet the members of your team, and begin growing your business.

15 Global Reach Network 21 approaches both domestic and international business activities with the skill, knowledge and confidence that can only be acquired through over 20 years of international experience with operations in 36 countries supported by 26 local office operating in 23 languages.

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