amway business plan
DESCRIPTION
MOTIVATORS TO BECOME IBOTRANSCRIPT
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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
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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)
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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
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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
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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:
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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
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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
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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
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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
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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
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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)
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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…?