A Team Approach to Business Ownership - CLS … · Word of Mouth Advertising Independent Business...

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A Team Approach to Business Ownership

Transcript of A Team Approach to Business Ownership - CLS … · Word of Mouth Advertising Independent Business...

A Team Approachto Business Ownership

WHAT IS YOUR FINANCIAL PLAN?

Financial IntelligenceRequires a NEWNEWNEWNEW approach:

Few people ever have “Left Over Money”

Just trading time for money has limitations

Back to School/Better Job

Save/Invest Your“Left Over” Money

Just Wait for“Social Security”

Second Job/Spouse Works

YOURFINANCIAL

PLAN

FINANCIAL INTELLIGENCE

A change of thinking is required.

How do you move to the right side with limited capital and time?

Exchanging time for money

RENTING YOUR LIFEOwning assets that

produce income

OWNING YOUR LIFE

90% of the people

10% of the wealth

LEFT SIDE10% of the people

90% of the wealth

RIGHT SIDE

ActivelyManaged

Investments

Owner

Work for Self

Job

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SUPPLY CHAIN

How does this new business model differ from other business models?

New Business Opportunity

Traditional Business

Distribution Costs

Often 50% or More

Retail ProfitsIBO Discounts Volume Bonuses

Manufacturer Consumer

WholesalerManufacturer Retailer Consumer

Word of Mouth Advertising

IndependentBusiness Owner

THREE KEY ELEMENTS

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You are in business for yourselffor yourselffor yourselffor yourself but not by yourself !by yourself !by yourself !by yourself !

The Opportunity

Business model

IBO Compensation Plan

Infrastructure

Products/Services

The Education

Education available

Optional professional training resources

Operating in 36 countries and 23 languages

The Team

Partnering

Mentoring

Teamwork

WHAT PRODUCTS ARE AVAILABLE?

Well known brands. Save money on purchases, which is a benefit of

ownership. Here is a sample…

Often 50% or More

Partner Stores and Major BrandsList of Partner Stores as of June 2018 and subject to change. May vary by market. These change from time to time.

For a complete list of Partner Stores, visit www.amway.com.

OUR PRIMARY MARKETS

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Anyway Money

$1 Trillion Industry

Health, Fitness and Energy

Women and Men

Teens to Seniors10,000 turn 65 every day

Beauty and Skin Care

Lifestyle Products

Home Family

Business Personal

Consumables

EXCLUSIVE BRANDS/HIGH MARGINS

EXCLUSIVE BRANDS

THE OPPORTUNITY

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*Year ending December 2017

The world headquarters spans more than 3 million square feet and stretches for 1 mile

1.5 million sq. ft. of warehousing space

Over $8 billion in global sales*

50+ years old - family owned

100+ countries and territories

Over 20,000 global employees

A+ Rating - Better Business Bureau

IBO Compensation Plan

Over 1,100 patents

Products/Services

Infrastructure

EDUCATION AND TEAM

The Education

Education available

Optional professional training resources

Operating in 36 countries and 23 languages

The Team

Partnering

Coaching

Teamwork

A Business Leadership Training Company

HOW DO YOU MAKE MONEY?

3 ways to create points and increase monthly income:

Buyfrom

yourself

1 2 3Specialize

anddevelop clients

Refer others and build a

team

Save money

Volumebonuses

Up to 35% margins

Volume bonuses

Volumebonuses

HOW DO YOU MAKE MONEY?

Performance Bonus Schedule *

All products and services purchased

by IBOs and c l ients are

ass igned POINTS.

Points are accumulated

monthly and can result in cash

bonuses .

1 point equals about $3 .

7500

6000

4000

2500

1500

1000

600

300

100

=

=

=

=

=

=

=

=

=

25%

23%

21%

18%

15%

12%

9%

6%

3%

points

points

points

points

points

points

points

points

points

©2018 Amway Corp. All rights reserved. Reproduced under license from Amway Corp. Unauthorized duplication is prohibited.

YOUR BUSINESS PLAN

Fast Track Strategy

Personal Coaching

Skil ls Training

Segmented Lists

Profitabil ity Goals

The Team 21 Strategy

YOURCOACHING

TEAM

YOUA Business Leadership

Training Company

GROW YOUR TEAM

Retail profit included in income levels.

Buy

From

yourse lf

1

Example 2 : 2 ,600 g roup po in t s (GPV)

YOU3 0 0 p o i n t s

1200p o i n t s

1 2 %

600p o i n t s

9 %

350p o i n t s

6 %

150p o i n t s

3 %

$800/m o n t h = 18%

Example 3 : 7,500 g roup po in t s (GPV)

3500p o i n t s

1 8 %

700p o i n t s

9 %

500p o i n t s

6 %

2250p o i n t s

1 5 %

YOU6 0 0 p o i n t s

$2500/m o n t h

= 25%

Example 1 : 1 , 200 g roup po in t s (GPV)

$250 /m o n t h = 12%

150p o i n t s

600p o i n t s

YOU1 5 0 p o i n t s

300p o i n t s

All incomes are approximate. The average monthly Gross Income for “active” IBOs was USD $183 (in the U.S.)/CAD $206 (in Canada). Approximately 53% of IBOs in the U.S., and 49% of IBOs in Canada, were “active.” IBOs were considered “active” in months in 2013 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 $2,196 (U.S.)/$2,472 (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 2013 were excluded. Before registering as an Independent Business Owner (IBO) powered by Amway, you should read

and understand the Amway™ Business Overview Brochure, which contains important information for those interested in becoming IBOs. Example 3: Approximately 1.5% IBOs in North America achieved the illustrated level of the performance in the year 2014. *© 2016 Amway Corp. All rights reserved.

7500

6000

4000

2500

1500

1000

600

300

100

=

=

=

=

=

=

=

=

=

25%

23%

21%

18%

15%

12%

9%

6%

3%

points

points

points

points

points

points

points

points

points

Per fo rman ce Bon u s Sch edu le *

A d d i t i o n a l b o n u s e s a n d i n c e n t i v e t r i p s a v a i l a b l e f o r c o n s i s t e n t q u a l i f i c a t i o n .

EXPAND YOUR TEAM

You can qual i fy for the 6% leadership bonus.

All incomes are approximate. The average monthly Gross Income for “active” IBOs was USD $183 (in the U.S.)/CAD $206 (in Canada). Approximately 53% of IBOs in the U.S., and 49% of IBOs in Canada, were “active.” Fig.1: Approximately 0.0349% of active IBOs of record in North America achieved the

illustrated level of success in the performance year ending August 31, 2014. Fig.2: Approximately 0.0191% of active IBOs of record in North America achieved the illustrated level of success in the performance year ending August 31, 2014. The average 4% Leadership Bonus for North American IBOs of record was

$1,202 in the performance year ending August 31, 2014. © 2016 Amway Corp. All rights reserved.

How many teams do you want at 25%?

Add i t iona l bonuses and incent ive t r ips a re

ava i l ab le to those l eaders w i th mu l t ip le 25% teams .

You help other teams reach the 25% bonus level.

Figure 1

Figure 2

25%

YOU7500

25% 25%

25% 25% 25% 25%25%25%

YOU7500

THE NEXT STEP

Teams are forming

right now…why hesitate?

P l a c e y o u r f i r s t o r d e r w i t h A m w a y . c o m a n d b e g i n y o u r b u s i n e s s . E d u c a t i o n a v a i l a b l e t h r o u g h C E P , N 2 1 M e d i a , S e m i n a r s .

T h i n k a b o u t w h a t y o u w o u l d w a n t f r o m y o u r n e w b u s i n e s s ( i f y o u k n o w w h y , w e k n o w h o w ) .

R e g i s t e r a s a n I B O .

S c h e d u l e a S t a r t i n g P o i n t s e s s i o n t o a c t i v a t e y o u r n e w b u s i n e s s .

M e e t t h e m e m b e r s o f y o u r t e a m ,a n d b e g i n g r o w i n g y o u r b u s i n e s s .

“ I f you don’t change direct ions,

you’ l l end up where you’re heading.”

- Jim DornanFounder of Network21

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THE NEXT STEP

Got questions? These audios are for you.

New IBOs

30-Day FREE

Membership to

N21 Media

100s of hours of

training and education!

A Business Leadership Training Company

David Dornan

Margin Common MisconceptionsTake Ownership

The Amway business

opportunity is just that,

an opportunity that comes with a choice.

If you decide this business is for you,

then the possibilities

are endless.

A Business LeadershipTraining Company