amway business plan
DESCRIPTION
MOTIVATORS TO BECOME IBOTRANSCRIPT
BUSINESS PLANWHY ?......
• Extra Income
• Quality Time (Time Freedom)
• Income Security
• Financial Freedom
• Royalty Income
• Income diversification
• Helping others
• Name, fame & Recognition
• Life of Significance
• Peace of Mind
• Foreign Trip
How do we earn money
Manpower compounding
Timecompounding
18 year education x Experience = Skill
Skill x Time = Income
Skill rate x time = Income
Example:1000x (10 Hrs.)= 10,000/-
5000 x (10 Hrs.) = 50,000/-
Skill(limited) x time (limited) = Income(limited)
Time & Manpower compounding:
1 skill x 10 Hrs. = A (amount)
100 skillx (100 x 10) Hrs.= 100000 x A (amount)
Type of people
Time Money Income Security
Professionals
Self employee
Employee
Business
XX
XX
XX X
√
√
√√ √
No Time No Security
Full Time + Money + Income Security
Mr. Robert T. Kiyoskai’s Cash flow quadrant:
E(Employee)
SE (Self Employee)
B(Business)
I(Investor)
- 80% people
- 20% wealth
- Active Income √ = √ X = X
- Hard Work
- Money control them
- 20% people
- 80% wealth
- Residual Income √ = √ X = √ √ √ √ √ √ √
- Smart Work
- They control Money
Traditional Business:
High Investment Infrastructure Skilled Man
power Mentorship HugeMoney
Hospital
Doctors (specialist)
ManagerWith in 6 to 8 months, you will be lie in B quadrant
High Investment Infrastructure Skilled Man
power Mentorship HugeMoney
But reality is that:
It means that, we never be shift in B quadrent
Example:
Mr. Ray Crock Principles for Business (In 1954)
- Vision
Mc. Donald
Mc-D Mc
-D
Mc-D
Mc-D
Mc-D
Mc-D
Mc-D
Mc-D
Today:
10,000/-
4%
96%
109 Country : 40000 OutletsOne outlet works 10 Hrs/dayThen 40,000 outlet works: 4 Lakh Hrs/day
But in whole life, we people work:
8 Hrs/day X 24 day/month X 12 Months/yearX 40 years/ in whole life = 92160 Hrs/life
Example:
If profit/outlet = Rs. 100/Hr
Total profit/Hr =Rs. 4 Cr/Hour
Profit/Day = Rs. 40 Crore/day
- IBO (Independent Business Owner) - Low Investment
Sell with in 6 months: 1 Lakh/day
This man was ill: Sell = NiL
It means active income: √ = √X = X
4%
4%
4%
4%
4%
4%
4%
- Time & Manpower Compound
- Irreplaceable
60% of 90,000 Crs. = 54,000 Crs./Months
3000X30 day= 90,000 Crs./Months
30X100 = 3000 Crs./day
120 Crs./4 = 30 Crs.
Indian Population: 120 Crs.
Customer: 100%Mediators: 60%Manufacturing Cost: 40%
Advertisement
CustomerRetailerWhole ShellerDistributerManufacturer
Market survey - Cash flow
In 1959: Mr. Rich Devos & J. Van andel:
Consumption/months: 6000 x 60% = 3600/-
Saving/year = 3600 x 12 = 43200/-
But its a saving, not a business
1. High investment2. High Risk3. Area dependent4. No authority to give franchisee
40%Manufacturing
cost
20% Discount
10% Govt. Tax
6% - 21% Performance
Bonus
4% - 9% Royalty Income
6.0 Lakes -------- 21%4.2 Lakes -------- 18%
18,000/- -------- 6%60,000/- -------- 9%
1.2 Lakes -------- 12%
2.4 Lakes -------- 15%
Silver
Royalty Income Start after Silver
Manufacturer
Manufacturer YouYou (BWW)
Britt World Wide(BWW)
Britt World Wide
Shopping:Sharing:
6000/-
Its an Essential requirementIts an habit
6000/- 6000/- 6000/- 6000/- 6000/- 6000/-
1 IBO 2 Hrs/day 6000/- 1200/-7 IBO 14 Hrs/day 42,000/- 3720/-31 IBO 62 Hrs/day 1,86,000/- 12,360/-
103 IBO 206 Hrs/day 6,18,000/- 74,160/-
Up Line
Average Hrs. = 200/8 =25 People1. No salary2. No Accommodation3. No medical facility
DIFFERENTIAL BONUS 4% LEADERSHIP BONUS 1% DEPTH BONUS 2% RUBY BONUS
21% FIRST TIME : SILVER 21% 3 MONTHS : GOLD 21% 6 MONTHS : PLATINUM 21% 12 MONTHS : F. PLATINUM
Recognition level
earnings
YouYou
YouYou
FACTS ABOUT AMWAY
STARTED IN USA IN 1959 WITH ONE PRODUCT GLOBAL TURNOVER OF Rs. 48,000 Crores DEBT FREE COMPANY LARGEST DIRECT SELLING COMPANY IN THE WORLD 800+ PATENTS, 450+ WORLD CLASS PRODUCTS
100% MONEY BACK GARAUNTY ON THE PRODUCT 32,000 FREE PRODUCT TRAINING SESSION EACH YEAR The AOF supports more than 80000 visually impaired children.
In 1995: Dr. Man Mohan Singh Finance Minister (After 3yrs: FPIB) Estd : 5th May’1998 in Shri Atal Bihari Bajpai, Government through IDSA
150+ Product & Services. 15000+ Pin codes Services & 24x7 Web Ordering
NUTRILITE, ARTISTRY, ATTITUDE, AMSURE, DYNAMITE, GLISTER, PERSONA, SATINIQUE, SA8, G&H, LOC, DISH DROPS, GVP, CATALOGUE PRODUCTS etc…..
BUSINESS RANKING: AAAAA+ (No. 1 in FMCG)
1.5 Lakhs+ Product & Services in USA
TURN OVER: Rs. 1790 Crores (2009-2010)
No concerns CAPITAL RISK EMPLOYEES MAINTAINING ACCOUNTS EXPERTISE TIME HAVING A INFRASTRUCTURE
BRITT WORLD WIDE CAN HELP YOU REALIZE YOUR
DREAMS
WE BELIEVE IN YOU,
YOU ARE THE BEST
WE ARE READY TO HELP YOU
TO ACHIEVE YOUR DREAMS…!
AMWAY+ BWWARE YOU…?