A Team Approach to Business Ownership

A Team Approach
to Business Ownership
WHAT IS YOUR FINANCIAL PLAN?
Back to School/
Better Job
Second Job/
Spouse Works
YOUR
FINANCIAL
PLAN
Save/Invest Your
“Left Over” Money
Financial Intelligence
Requires a NEW
approach:
 Few people ever have “Left Over Money”
 Just trading time for money has limitations
Just Wait for
“Social Security”
FINANCIAL INTELLIGENCE
LEFT SIDE
RIGHT SIDE
10% of the people
90% of the wealth
90% of the people
10% of the wealth
L I M I TAT I O N WA L L
Wo r k f o r S e l f
( C A P I TA L / T I M E )
Job
RENTING YOUR LIFE
Exchanging time for
money
Owner
Actively
Managed
Investments
OWNING YOUR LIFE
Owning assets that
produce income
How do you move to the right side with limited capital and time?
A change of thinking is required.
SUPPLY CHAIN
How does this new business model differ from other business models?
Traditional Business
Distribution Costs
Manufacturer
Wholesaler
Retailer
Consumer
Often 50% or More
New Business Opportunity
Manufacturer
Independent
Business Owner
Consumer
IBO Discounts
Retail Profits
Volume Bonuses
Word of Mouth Advertising
THREE KEY ELEMENTS
Yo u a r e i n b u s i n e s s f o r y o u r s e l f b u t n o t b y y o u r s e l f !
The Opportunity
The Education
L I M I TAT I O N WA L L
Business model
IBO Compensation Plan
Infrastructure
Products/Services
( C A P I TA L / T I M E )




 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
For a complete list of Partner Stores, visit www.amway.com .
Partner Stores and Major Brands
List of Partner Stores as of June 2016 and subject to change. May vary by market. These change from time to time.
OUR PRIMARY MARKETS
$1 Trillion Industry
( C A P I TA L / T I M E )
L I M I TAT I O N WA L L
Health, Fitness and Energy
Women and Men
Teens to Seniors
10,000 turn 65 every day
Beauty and Skin Care
Lifestyle Products
Home Family
Business Personal
Consumables
Anyway Money
EXCLUSIVE BRANDS/HIGH MARGINS
EXCLUSIVE BRANDS
THE OPPORTUNITY
*Year ending December 2015
L I M I TAT I O N WA L L
( C A P I TA L / T I M E )
 The world headquarters spans more than
3 million square feet and stretches for 1
mile
 1.5 million sq. ft. of warehousing space
 Over $10 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
A Business Leadership
Training Company
The Team
 Partnering
 Coaching
 Teamwork
HOW DO YOU MAKE MONEY?
3 ways to create points and increase monthly income:
1
2
3
Buy
from
yo u r s elf
Sp e c i alize
and
d e v e lo p
c li e n ts
Re f e r o t h e r s
a n d b u i ld a
team
Sa v e m o n e y
Up to 35%
m a rg ins
Vo lu m e
bo nus es
Vo lu m e
b o n u s es
Vo lu m e
b o n u s es
HOW DO YOU MAKE MONEY?
Perf ormance B o nus Sc hedule *
All products and
services purchased
by IBOs and clients
are assigned POINTS.
7500
points
=
25%
6000
points
=
23%
4000
points
=
21%
Po i n t s a r e
accumulated
monthly and can
result in cash
bonuses.
2500
points
=
18%
1500
points
=
15%
1000
points
=
12%
600
points
=
9%
1 point equals about
$3.
300
points
=
6%
100
points
=
3%
©2016 Amway Corp. All rights reserved. Reproduced under license from Amway Corp. Unauthorized duplication is prohibited .
YOUR BUSINESS PLAN
YOUR
COACHING
TEAM
A Business Leadership
Training Company
The Team 21 Strategy
 F a s t Tr a c k St r a t egy
 Pe r s on al C o a c hi ng
 Ski lls Tr a i n i ng
 Se g m en ted L i s t s
 Pr o f it abi li ty G o a ls
YOU
GROW YOUR TEAM
$250/
YOU
month
Pe r f o r m a n c e B o n u s
Schedule*
600
300
points
7500
points
6000
points
1
=
25%
=
23%
4000
points
=
2500
points B u= y 18%
1500
pointsF ro= m 15%
1000
points
= 12%
yo u rse
lf
600
points
=
21%
9%
300
points
=
6%
100
points
=
3%
= 12%
150 points
150
points
points
Example 1: 1,200 group points (GPV)
$800/
YOU
month
= 18%
300 points
1200
points
12%
600
350
points
9%
150
points
6%
points
3%
Example 2: 2,600 group points (GPV)
$2500/
YOU
3500
points
18%
= 25%
600 points
month
700
points
9%
2250
points
15%
500
points
6%
Additional bonuses and incentive trips available for consistent qualification.
Example 3: 7,500 group points (GPV)
Retail profit included in income levels.
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.
EXPAND YOUR TEAM
Yo u h e lp o t h e r t e a m s r e a c h t h e 2 5 % b o n u s le v e l.
YOU
7500
25%
25%
25%
Figure 1
YOU
7500
25%
25%
25%
25%
25%
25%
Figure 2
You can qualify for the 4% leadership bonus.
How many teams do you want at 25%?
Additional bonuses and incentive trips are
available to those leaders with multiple 25% teams .
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.
THE NEXT STEP
Teams are forming
right now…
why hesitate?
“If you don’t change
directions, you’ll end
up where you’re
heading.”
- Jim Dornan
Founder of Network21
1
2
3
4
5
Think about what you would want from your
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
how).
Re g i st er a s a n I B O.
Schedule a Starting Point session to activate
your new business.
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
begin your business. Education available
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 .
Meet the members of your team,
and begin growing your business.
THE NEXT STEP
A Business Leadership
Training Company
New IBOs
30-Day FREE
Membership to
N21 Media
100s of hours of
training and
education!
Got questions? These CDs are
for you.
After the Plan
Margin
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 Leadership
Training Company