Presentation on theme: "We wiLL GET STARTED IN JUST A FEW MINUTES. You may want a pen & pencil"— Presentation transcript:
1We wiLL GET STARTED IN JUST A FEW MINUTES. You may want a pen & pencil GOODMORNING EVERYONE!We wiLL GET STARTED IN JUST A FEW MINUTES.You may want a pen & pencil
2By Diamond IPC doTERRA Leader, Jared Winger WelcomeBy Diamond IPC doTERRA Leader, Jared WingerOctober 2012
361% of Americans say they would like to be their Did You Know?61% of Americans say they would like to be theirown boss.40% of Americans say only $500 of extra monthly income could dramatically improve their financial situation.
4Did You Know?77% of Americans live their lives paycheck to paycheck. $1.22 – Average amount spent by Americans for every $1 they earn. 62% of Americans who will retire with a yearly income of less than $10,000.
523% are still working (most can’t afford to quit). Did You Know?At age % of population has less than $5,000 in the bank for retirement.At age 65 – 45% of Americans depend on relatives.30% depend on charities.23% are still working (most can’t afford to quit).Only 2% are self-sustaining.
64 have enough money to retire. Did You Know?The Bureau of Labor Statistics also states:Out of 100 people that start working at the age of 25, by the age of 65:1 is wealthy.4 have enough money to retire.63 depend on social security or charity.29 are deceased.
7Did You Know?500,000 jobs are being eliminated each year due to technology. (These are jobs that are never coming back.)The average American has $8,000 in credit card debt.The average college graduate will work 11 different jobs in 5 different careers during his life.Retirement planners say anyone under the age of 40 will need at least 2 million saved up for a comfortable middle class retirement. Do you have 2 million sitting around?
9What Should I Look For in a Company? Who Makes Up the Executive Team?Track Record, Experience, etc.What is the Product?Must be Appealing, Unique, Right Timing, Serve the Masses, etc.Must Not be a “Luxury” or a “Me Too”Company Stability?What’s the point of marketing something if it won’t be around?Compensation?Debt Free – owners self-funded everything (no investors)Never go public – don’t have to answer to shareholders, won’t cut corners, etcNever sell – don’t have to worry about being sold to a different company with different goalsGrowth
10What Should I Look For in a Company? Who Makes Up the Executive Team?Track Record, Experience, etc.David StirlingGregory CookDr. David Hill, D.C.Robert YoungDebt Free – owners self-funded everything (no investors)Never go public – don’t have to answer to shareholders, won’t cut corners, etcNever sell – don’t have to worry about being sold to a different company with different goalsGrowthEmily WrightCorey Lindley
11Why doTERRA? Executives have 160 years combined experience. Debt-Free They Will Never SellThey Will Never Go PublicHighest Retention RateOne of the Fastest Growing Companies in the Industry!Timing!Debt Free – owners self-funded everything (no investors)Never go public – don’t have to answer to shareholders, won’t cut corners, etcNever sell – don’t have to worry about being sold to a different company with different goalsGrowth
12Why doTERRA - TimingThere Have Been Approximately 100,000 Direct Sales/MLM Companies.There are only about 8 “billion dollar” companies.There hasn’t been a NEW billion dollar company in 25 years.The fastest company to ever hit a billion dollars did it in 14 years.Conservative estimates are that doTERRA will be a billion dollar company by March 2015We’re on schedule to become a billion dollar company in half the time!
13$1,057,500,000 (Annual Sales) Why doTERRA - Timing Growth Calculator Started April 2008March = 214% (Tripled)March = 208%March = 198%March = 150%March = 100%March = 50%$1,057,500,000 (Annual Sales)(Currently at 201%)
14Why dōTERRA? - Retention Retention RatesRetention is 65% in 3 months, and 85% over 1 year
15Value of a New Consultant The Power of RetentionWhat amount of commission is paid out is a new IPC worth, from a strictly financial perspective?Discounted Cash Flow model of average PV revenue streamMLM Company w/ Low Retention:Total value to IPC organization: $546doTERRA’s 65% Retention & Powerful Comp PlanTotal commission payout value to IPC organization: $2,275 (only considers Fast Start & Unilevel payout)
23HELP YOUR ‘THREE’ HIT THEIR Compensation PlanOnce you have your three leaders (or 4 as decided) you have one focus, and one focus only……HELP YOUR ‘THREE’ HIT THEIR$1500 BONUS
24THIS DOES 2 VERY IMPORTANT THINGS…. Compensation PlanTHIS DOES 2 VERY IMPORTANT THINGS….It teaches your leaders how to take care of their team and how to focus on their teams’ success, not their own.It sets you up perfectly to move on to the next levels of the compensation plan.
29“Must Have” Links & Resources DoterraEveryday.com – “One Stop Shop” for doTERRA updates, calendar/events, promotions, tips, recognition, etc.MyDoterra.com – Your Back-Office – setup LRP, enroll customers, view commissions, etc.DoterraTools.com – Product Detail PDF’s, Images, Forms, etc.DoterraUniversity.com – Video Training on basics of the businessEssentialoilbusiness.biz – Our team-building site with business tools and tips to grow your team!EverythingDoterra.com – Google Group & Online Database for ailments, symptoms, oil uses, etc.
30Team Requirements Buy In and Maintain 150pv Autoship Study & Use ProductsBuild and Support Your TeamSign up 3 Business Partners (or people)Help your 3 people add their 3 peopleAttend Trainings & Meetings (either live or online)
31Tried Another MLM That Didn’t Work? Products That Don’t WorkRetention is LowNo SystemLack of Training/ToolsNo Team ConceptToo Many QualificationsWeak Compensation Plan
32Thank You Let Us Help YOU Get Started! Come Join UsThank You Let Us Help YOU Get Started!