Post on 21-Jan-2016
Syntek Global
Why THIS IndustryWhy THIS Company
Why THIS Opportunity
The future belongs to those who see possibilities before they become obvious.
John Sculley
100 65-Year Olds
Truly Wealthy = $10 Million net worth excluding debtSource: Social Security Administration, Office of Research and Statistics, January 1996 – Income of Population 55 or Older, 1994 U.S. Bureau of the Census, April 1996
1% Wealthy
Source: The New Interagency Report: Older Americans 2000: Key indicators of Well-Being
IF you want to be wealthy…
OPTIONS = Become a Business Owner
1. Start a Company 39% are profitable 30% break even 30% lose money 64.2% of businesses failed in a 10-year period.*
2. Start a Franchise 97% success rate** Up front costs of between $79,000 - $2.5 Million Susceptible to “local” circumstance and disaster
3. Start a Network Marketing Organization Same benefit of a franchise Minimal up front costs between $289 - $598 Global and indestructible by nature
*William Dennis, Nat’l Federation of Independent Businesses, reported by Karen E. Klein in Business Week, September 30, 1999**United States Chamber of Commerce, http://www.the-franchise-guy.com/facts.htm
The World IS a Network
Social networking is changing EVERYTHING… Facebook, Twitter, Linked In, Craig’s List, Second Life, Match.com, MySpace, etc.
Select your “VEHICLE” or “COMPANY” to build
Which one would you prefer?
#1: AGEThe company should be at least 18 months old, as 90% of all network marketing companies that fail do so in the first 18 months.
#2: PRODUCT FEATURES-Highly consumable
-Unique (exclusive)
#3: GROUND FLOOR
3 Things to Look for in a Company according to Harvard Business School
Less than 1/2 of 1% already involved
What is “Ground Floor”?
Harvard Business School suggests that:
“In order for the opportunity to qualify as “ground floor” the number of existing distributors should be less than 1/2 of 1% of the population (300 million in the United States) in the country where the network marketing exists. In the United States this figure is equal to 1.5 million people. If there were less than 500,000 people involved, you would be on the cutting edge of a great opportunity.”
- Who is on the corporate team?
- Who are the distributors?
#1 FOUNDATION
#2 FINANCIAL POSITION-What are their financial obligations?
-Do they have cash to invest?
#3 PAY PLAN
3 MORE Things to Look For
- - Proven to pay out without exposing the company
- Avoid the “Red Flags”
• PAST – PRESENT – FUTURE
• Is it a fad?
#1 TRENDS
#2 TIMING
#3 TRAITS
3 Things to Look for in an Opportunity
Fuel Pricing Trends
Harvard Kennedy School, Science and International Affairs“…may require gas prices greater than $7/gallon by 2020.”
Engine Life Trends
Source: ww.thepeoplehistory.com
Emissions Trends
What about Internationally?
Is it just a “fad”?
FAD = a temporary fashion, notion, manner of conduct, etc., esp. one followed enthusiastically by a group.
Does a 10 year GLOBAL plan to do something about FUEL EFFICIENCY & EMISSIONS seem like a fad to you?
• Is it a fad?
• PAST – PRESENT – FUTURE
#1 TRENDS
• IS it EARLY, LATE, OR RIGHT?
#2 TIMING
#3 TRAITS
3 Things to Look for in an Opportunity
When is the right time to join a network marketing company?
Harvard Business School also stated that
“If there were less than 500,000 people involved, you would be on the cutting edge of a great opportunity. BUT, if the company meets all 3 criteria, AND has less than 100,000 distributors, Harvard Business School considers it to be a once in a lifetime opportunity.”
Is it a fad?
PAST – PRESENT – FUTURE
#1 TRENDS
IS it EARLY, LATE, OR RIGHT?
#2 TIMING
#3 TRAITS
3 Things to Look for in an Opportunity
What are key features of the product offered?
- Does it REALLY work?
- Can you put YOUR name on it?
#1 Proven
#2 Consumable- Is the product frequently used?
- Is there a large demographic?
#3 Demonstrable
3 Things to Look for in a Product
- Does it provide a noticeable difference to the consumer?
THIS is it!
Obvious: Easily seen, recognized, or understood; evident
THIS is the IndustryTHIS is the Company
THIS is the Opportunity
Save The Date
We cannot become what we need to
be by remaining what we are