What are the main differences between wealthy people and not so wealthy people? How they think

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What are the main differences between wealthy people and not so wealthy people? How they think How they use their time. Not so wealthy person’s thinking: - Trade hours for $$$. - March 2007: Hours  Dollars  Stuff - April 2007: Hours  Dollars  Stuff. - PowerPoint PPT Presentation

Transcript of What are the main differences between wealthy people and not so wealthy people? How they think

What are the main differences betweenwealthy people and not so wealthy people?

-How they think-How they use their time

Not so wealthy person’s thinking:

- Trade hours for $$$

- March 2007:

Hours Dollars Stuff

- April 2007:

Hours Dollars Stuff

This is known as the “Rat Race”

Goal: Buy a new upscale car, like a Mercedes 550

Not so wealthy:

We need to tradesomething, eitherwith more hoursor less stuff

Wealthy:

-Get an apartment complex-Say it has 4 apartments-Generate $250/apartment/mo.-$1000/mo.

Cost: $1000/mo.

Conclusion:- Wealthy person spent less time- Wealthy person thinks, “It’s not what I do, it’s howI generate my income.”

3 statements:

“Life is more important than money.”

“But, I would like more money to supporta better lifestyle.”

“I don’t want to work my whole life making money.”

A job is a good temporary solution, but…

We want:-Time-Income-Security

It’s hard to have all of them.

Income Goals

If you didn’t have to worry about time and money,what would you do?

We offer you an option to increase your income circle.

Have you ever thought about owning your own business?

Benefits:-You control how it works-Tax breaks

Say you were at the Mall of America.

What if someone gave you a card that:

-Gave you wholesale prices?-Shipped all of the items to your house?-Gave you a check for a percentage ofeverything you buy?-Gave you a check for a percentage ofeverything anyone you refer buys?

That is our business model.

What is our business?

In a nutshell:

1. Redirect Stuff2. Refer people3. Receive a check

Mall

Store

Store

Store

%

1000s ofCustomers

“The Mall”Business Model

The Internet and e-Commerce

e-Commerce will be one of thelargest shifts in our economy.

e-Commerce has just started. We areon the front end of the wave.

Amazon.com

Store

Store

Store

%Amazon.comBusiness Model

1000s ofCustomers

Franchising

McDonalds

Independent Business Owners (IBO)

Supplier - GSF System - HU

2%

30,000 * 10 = 30000050*40 = 2000/year

You.com

Store

Store

Store

%YourBusiness Model

10Customers

Independent Business Owners (IBO)

Q BWW

You.com

Store

%

Customers

Q BWW

100, 3%, $90/Mo

700, 9%, $200/Mo

3100,18%,$1000/Mo

7900,25%,$2600/Mo

And it doesn’t have to end there…

You.com

Store

%

4% 4% 4% 4% 4% 4%

Q BWW

Customers

1. Gross Margin2. Bonus checks3. Franchisor4.

10.

($800 x 6) + $2600 = $7400/Mo= $90,000/Year + Other methods of income from system

and supplier ($60,000/Year) = $150,000/Year

750075007500750075007500

In 2-5 years, you can reach your goals.

Q-12 Qualifiers $45,000/YearEmeralds $67,000/YearDiamonds $150,000/YearFounders Diamonds $270,000/YearEDC $530,000/YearFounders EDC $746,122/Year

Holy cow…

Wrap-up

1. Dream

2. Desire – the “Why”

3. Determination

4. Commitment

How will BWW help you?

-Vehicle: a means of obtaining your goals.

-We’ll give you an association, where successfulmulti-millionaires will help you.

-We’ll give you our personal commitment to helpyou believe that you can do this.

What do I do next?1. Read and listen to some extra material

-Go to www.thisbiznow.com (we willtouch on this)

2. Make a list

3. 2-3 Meetings

4. Web tour/Ditto delivery (we will touchon this)

5. Education

Do you have a time to discuss? Let’s getyou started thinking like a wealthy person!