Wbn Slides21
- 1. Ecommerce Business Opportunity 1. Profit System 2. Global Commerce 3. Franchise Concepts 4. Economic Trends WBN © Copyright 2009
- 2. S even Reasons to Start a New Venture 1. More $$$$$ 2. BYOB 3. More Time 4. Accomplishment 5. Dreams / Goals 6. Financial Freedom 7. Tax Advantages WBN © Copyright 2009
- 3. Personal Dreams & Goals Why do you want to be an entrepreneur?
- 4. Personal Dreams & Goals What would you do with an extra $3,000 a month from your business?
- 5. Personal Dreams & Goals When would you like to accomplish it?
- 6. Personal Dreams & Goals What are you willing to give up to have it?
- 7. Personal Dreams & Goals Are you investing in your personal growth?
- 8. Personal Dreams & Goals How much time would you invest in the development of your business?
- 9. Profits vs Wages Who Controls Wages? Who Controls Profits? WBN © Copyright 2009
- 10. You own a BP Station & your gas is $2.50 per gallon Across from you there is a Shell Station with gas for $2.00 per gallon Where will you buy your gas? WBN © Copyright 2009
- 11. You Own a Lexus Dealership. There is a Kia Dealership down the street. Which car will you buy? WBN © Copyright 2009
- 12. Who is making the profits? Wal-mart - EDLP -- The Rollback Product K-Mart - BLS Product Target - Bullseye Product Convenience Store - Product Your Internet Store - Product + PROFITS You get WBN © Copyright 2009
- 13. Time Compounding Which is smarter? 100% income from one person/source If the one source is eliminated so is my income. 100% income from 100 people/sources If 5 of my sources are eliminated I still have 95% of my income. OR WBN © Copyright 2009
- 14. Network Marketing and Direct Sales An incredible, lucrative, and simple way to obtain financial success. It is design to operate part time. Did you know that Citigroup owns a network marketing company? Since 2002 Warren Buffett has purchased several network marketing companies for his stock portfolios. Why network marketing? There is only one reason. It works plain and simple.
- 16. Three Reasons Why It Works 1. Saves time, money, and energy compared to the cost of operating the traditional distribution process. 2. People are motivated to sell because profits are given to them. Who would you work harder for? 3. People already have a network and already do network marketing everyday. It is also called referral marketing. Ex: movie, restaurant, auto, church, school, book, etc
- 17. Why do some people achieve financial success and others do not? The successful people become a part of a profit making system. They are entrepreneurs. Time compounding 7 Proven success system and expertise 10 Turn key – no accounting, no r&d, 9 No employees 8 Unlimited on going income 6 Unlimited expansion – always open 5 Low risk 4 Higher reward 3 Low investment 2 Home based 1 Business Network or Leveraged Profit System
- 18. Proven Business Systems McDonald’s : Franchising 2% 30,000 stores X 10 hours/day 300,000 hours a day 40 hours a week X 50 weeks a year X 40 years 80,000 hours a lifetime Who has a better system? McDonald’s 98% 98% 98% 98% 98% 98%
- 19. Pyramid Illegal 1. substantial initial cash investments 2. pay fees for recruiting 3. people at top make most of the money Legal 1. minimal initial investment 2. No fees paid for recruiting 3.Unlimited income potential According to the Direct Selling Education Foundation, a pyramid scheme is an illegal scam "in which large numbers of people at the bottom of the pyramid pay money to a few people at the top. WBN © Copyright 2009
- 20. Play DVD
- 21. Your Next Steps AMWAY GLOBAL Registration - $145 BWW Educational System Starter Pack $63
Editor's Notes
- #2: E-commerce has grown 15-35% per year for 9 straight years. Currently e-commerce is responsible for 6% of the GDP of the U.S. E-Commerce is projected to reach 10% market penetration within the next 3 to 5 years. Economist have stated that 10% market penetration of any product or service is the first stage of Critical Mass. Historically when a product reaches Critical Mass it explodes to 75% or more of market penetration.
- #16: Our business system incorporates e-business networks. We also have the ability to expand internationally.
- #17: The power of network marketing is that businesses are willing to pay you to get the word out about there products. Network marketing is the process of marketing through your existing network or a network that you established.
- #19: Franchising like McDonalds are the most successful form of business today. 40% of each dollar spent in the U.S. is spent in a franchise. Food, Hotels, Medical care, Dental, movies, coffee, etc have successfully duplicated a franchise system. Now e-commerce has done it also. Time Compounding is a key ingredient in creating a successful business network.