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Royalty Income Org
 

Royalty Income Org

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Your time is money and that is one of your greatest assets.

Your time is money and that is one of your greatest assets.

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    Royalty Income Org Royalty Income Org Presentation Transcript

    • Royalty Income Organization Welcome to the Presentation. Be Prepared! As This Presentation Can Change Your Entire Life!
    • Have You Noticed… That your needs are greater than your current income? Yes!
    • Can You Define Good Lifestyle
      • Lifestyle is made up of 2 words.
      • Life which means time.
      • Style which needs money.
      • Lifestyle = Time and Money.
      • Good Lifestyle is when you have the time to enjoy the money you make.
    • So, Why Do You Work? You Work to fulfill Your Needs. You Work to fulfill Your Desires. You Work to fulfill Your Dreams.
    • Desires Are Dreams
      • Need for a better car.
      • Need for a better, bigger home.
      • Need to travel for leisure.
      • Need to help others and do charity.
      • Need for respect and recognition.
      • Need for better lifestyle.
      • Each person has a unique desire!
    • We Work for Our Dreams?
      • Any normal person can provide the basic needs of food, shelter and clothing.
      • With education and effort we begin to fulfill our desires.
      • Dreams are your personal goals.
      • Dreams can be a reason like better education for self or children.
      • Dreams can be a vision of better lifestyle or early retirement.
      • Dreams can be anything!
    • What About Security?
      • Security is when your income is independent of your effort.
      • Security is when you are unable or not working and still are making enough to live peacefully and happily.
      • Security is when you have money, even when you do not work.
    • Dreams Are Personal!
      • What are your dreams?
      • Wait… take a minute to think!
      • What if you had more choice?
      • More choices in terms of money.
      • More choices in terms of time.
      • Do you see yourself living differently!
      • Do you see yourself, a different person.
    • How Will Your Life Be…
      • If you are making more than 50,000/- per month?
      • If you had free time, making that kind of money and more.
      • If you knew, you may choose not work any more and still remain secure!
      • What changes will occur in your life?
    • What Makes You Work Hard?
      • Extra Income
      • Have Own Business
      • Self Development
      • Meeting New People
      • Leave a Legacy
      • Parents Care
      • Financial Freedom
      • More Spare Time
      • Help Other People
      • Retirement
      • Some Latent Hobby
      • Get Out of Debt
    • But Are You Born to Work? You Work As a Means to Your Dream! So What Is Your Dream? Why Do You Work So Hard!
    • Dreams Are Real Things
      • Your vision about how you wish to lead your life is different from others!
      • Your dreams have a time stamp which say now!
      • You must back your dreams and desires with action.
      • Everyone dream, but very few back their dreams with solid, focused action.
    • Goal Are Dreams, With A Date
      • 100% people have dreams but 3% people put a date on their dreams.
      • Have you put a date to your dream?
      • 97% people do not put a date on their dreams. They lack the focus.
      • Dreams without a “Date” is simply, wishful thinking. “Day Dreaming”
    • We Work for Three Things!
      • We work for Time!
      • Time for family, travel, personal hobby.
      • We work for Money!
      • Money is needed for all material things.
      • We work for Security!
      • Security is our protection for the future.
      • We work for Time, Money and Security.
    • Temporary Income
      • You trade your time for money. Hourly Rate.
      • Your income grows linearly. 2+2+2+2.
      • You recreate work daily. Repetitive.
      • Your ability to perform is very important.
      • Inflation is eating into your savings.
      • You have a single source of income.
      • Limited time of 24hrs so limited income.
      • You have to work forever!
    • Wrong Vehicle for Success!
      • The problem is really not you!
      • You are able and hardworking.
      • The choice of your financial vehicle is keeping you from being successful.
      • The above mentioned limits are in your job or work, your choice of the vehicle.
      • You now have a choice to change!
    • What If…
      • Your ability to perform did not matter.
      • You did not have limitation of time.
      • You have a choice of not working any more and still remain secure.
      • Your income source is from multiple streams.
      • What if you still created more wealth!
    • J.Paul Getty’s 8 Golden Rules The Late J. Paul Getty's Rules for Accumulating Wealth Are Simple and to the Point. They Are Success Principles Worth Detailed Study.
    • J.Paul Getty’s Rule 1 To Acquire Wealth Today, You Must Own Your Business. “Be Your Own Boss”
    • J.Paul Getty’s Rule 2 You Must Have a Working Knowledge of the Business When You Start and Continue to Increase Your Knowledge of It As You Go Along.
    • J.Paul Getty’s Rule 3 You Must Save Money in Your Personal Life and in Your Business Venture As Well. Discipline Is the Key to Saving Money.
    • J.Paul Getty’s Rule 4 You Must Take Risks. Risk-Taking Is Essential To Business Growth.
    • J.Paul Getty’s Rule 5 You Must Not Only Learn To Live With Tension, You Must Seek It Out. Thrive on Stress!
    • J.Paul Getty’s Rule 6 Build Wealth As a By-product of Your Business Success.
    • J.Paul Getty’s Rule 7 Patience. This Is The Greatest Business Asset.
    • J.Paul Getty’s Rule 8 Diversify. Multiple Streams of Income
    • Summarizing The 8 Rules
      • Own Business.
      • Continuing Business Education.
      • Saving
      • Take risks.
      • Positive stress adds momentum to life.
      • Wealth out of assets not hard work.
      • Have patience in building your business.
      • Multiple source of income.
    • Hard Work to Smart Work Temporary to Permanent Income 97% People to 3% People Linear Income to Royalty Income
    • Self Check… If you continue doing what ever you are doing just now, will it fulfill your dreams?
    • Residual Income
      • Investment once. Time and Money.
      • Income for Lifetime and Future Generations.
      • The Business Model is Franchise.
      • The Income Method is Royalty.
      • Use of Proven and Time Tested systems.
      • Mentoring by Successful People.
      • Opportunity to do International Business.
    • Define Financial Freedom
      • Financial Freedom is Freedom of Choice
      • Choice to not work for a livelihood.
      • Choice to spend your time as you want.
      • Choice to spend money as you wish.
      • Choice to live your life king size.
      • You have Financial Freedom when you have Time Money and Security.
    • So Lets Classify Our Work Yes Yes Yes Royalty based 3% 3% people control 97% of wealth in this world! No Yes No Own Business 97% No Yes No Professional Yes/Low Yes Yes Govt. Job No Yes No Private Job Linear Income Security Money Time Our Work
    • The Two Income Streams
      • 97% People are in Linear Income
      • 3% People are in Royalty Income
    • The 97% and 3% Difference
      • 97% people are in the Linear Income bracket.
      • Linear Income is
      • [ 2+2+2+2 ].
      • Linear income is Job, Profession, Self-Employed or Small Business.
      • You work forever in your productive life.
      • 3% people are in the Exponential Income bracket.
      • Exponential Income is
      • [ 2 x 2 x 2 x 2 ].
      • Exponential income is Royalty Based Business.
      • You work once, you earn your income again and again.
    • The 97% and 3% Difference
      • Linear Income
      • You are in the Time for Money Trap.
      • You stop putting the time as effort and your income is gone! No Income!
      • You perform daily to earn your livelihood.
      • Exponential Income
      • You stop putting time as effort and still your income continues.
      • You have worked once such that your income continues…
    • The 97% and 3% Difference
      • Linear Income
      • Inflation is eating into your income and savings.
      • Rising Costs!
      • Buying Power of 1000.
      • Today = More
      • Tomorrow = Less
      • Exponential Income
      • Your income is based on “%” so it adjusts to inflation.
      • Example
      • 4% of 100 = 4
      • 4% of 1000 = 40
    • Work We Do Earns Income Which Decides Our Lifestyle There Is a Simple Formula Ability X Time = Income We Keep Opportunity As Constant
    • Income = Ability X Time
      • Income is interchangeable with wealth.
      • Ability, is ability to perform a task.
      • So a medical doctor has more ability than his assistant.
      • Time is the effort that can be put into a task in a day.
      • Each one of us have 24 hours in a day.
    • So What Is More Important? Ability to perform a task Or Time in terms of effort possible!
    • How Much Time Do We Have?
      • All of us have 24 hours productive time.
      • We begin work at age 20 years.
      • We retire at about 70 years.
      • So we have 50 years productive time.
      • So at 32 years age you have about 64% productive time left in your life.
    • Royalty Based Business Model Private Franchising You Are the Franchiser and Also the Franchisee.
    • Franchise Model Advantages
      • Proven system, knowledge, experience and expertise to build the franchise business.
      • Connection to expert and successful people.
      • Risk of failure is reduced by experience and expertise so your success rate is increased.
      • Time leveraging. Multiplication of your time.
      • Ready goodwill in products and services.
      • Unlimited multiple income streams.
    • How Does It Work? To Understand Franchising Lets Look at a Simplified True Story of Mr. Ray Kroc who is called the Father of Franchising.
    • Ray Kroc Was Middle Aged…
      • He had blood sugar and blood pressure.
      • Health Challenge!
      • He was about 55 years old.
      • Age Challenge!
      • He had a vision or dream.
      • Motivated and Guided by Dreams!
      • He was willing to work 10-12hrs daily.
    • Ray Kroc’s Background.
      • There was nothing extraordinary in Ray Krocs life. He build himself ground up.
      • The only difference was he had an emotional dream and a vision.
      • He was willing to work hard to fulfill his dream. He had patience & persistence.
      • He followed “ The Universal Law of Nature”. It is a success principle.
    • Universal Law of Nature…
      • The universal law of nature states that…
      • “ In order to receive, you must give first”
      • “ Help others to to achieve their dreams, and by you doing so you achieve yours”.
    • Ray Kroc Starts McDonalds
      • This was only a single outlet then.
      • He had a keen desire to succeed.
      • He was honest and willing to work hard.
      • He had experience in the industry.
      • He had the emotional maturity.
      • He had the time to setup this business.
      • He was ready to go…
    • Ray Kroc’s McDonalds
      • With effort, sincerity and good quality McDonalds business starts doing well.
      • He started making money.
      • He started refining his business to make more money. Quality Customer Service.
      • He is working hard to earn his good income.
    • McDonalds Business Peaks
      • How ever hard he works…
      • How ever good his system is…
      • How ever better his service is…
      • There is a limit to how much Ray Kroc can earn.
      • You and Ray Kroc have the same limiting factor!
    • Limited Time! 24 hours
      • His time gets over and his income stops for that day.
      • He has to recreate his income everyday.
      • He has no security as his income is dependent on his work. His ability to perform.
      • If he stops to put the work, his income becomes Zero.
    • What will you do? You will focus on improving your ability and further refining your skills.
    • Ray Kroc Increased his Time
      • Ray Kroc focused on increasing his productive time.
      • His ability was made simpler.
      • So simple that it was easy to duplicate.
      • Now, he went out and taught his simplified ability to a lot of people.
      • He duplicated his ability, by sharing it.
    • Ray starts his sister.
      • Ray Kroc taught and gave away his ability to his sister Nancy.
      • He told her learn from me and take my ability.
      • You put your time as effort to duplicate what I am successfully doing.
      • What ever you earn we will share!
    • What would you share?
      • If you had the ability to make money and you were giving it away to some one else.
      • That some one, eventually would make a good steady income just like yourself.
      • How much would you ask as payback to yourself?
    • How much?
      • Its your ability!
      • Its your hard learned skill.
      • Its your wisdom.
      • 50/50 sounds good?
      • 30/70 or 25/75
      • You give more and keep less?
    • Ray Kroc asked for 4%
      • He must be crazy!
      • He could have asked for 50% profit.
      • Minimum 10-20% at least!
      • What we do know is that McDonalds is a successful business.
      • He had a vision. He had foresight.
    • Assume you are Nancy!
      • First year you made 1000/-
      • Sharing 500/- or 40/- is better?
      • Second year you make 2000/-
      • Sharing 1000/- or 80/- is better?
      • Fourth year you make 4000/-
      • Sharing 2000/- or 160/- is better?
      • Nancy is happy paying 50% or 4%?
    • So What’s Ray Kroc’s Gain?
      • If Ray Kroc gave away his hard learned ability and taught a lot of other people how to make money.
      • What did he really gain?
      • Hummm…
    • Ray Kroc Gained Time!
      • Eventually Ray Kroc has about 35000 McDonalds Franchise all over the world.
      • Assume that each outlet was paying Ray Kroc about 100/- per day.
      • What do you think is his daily income?
      • Come on think… calculate…
    • Ray Kroc’s Income Per Day 3500000/- 3.5 Million That’s huge!
    • Can We Start a Mc and Earn?
      • Suppose we learn all the ability from Ray Kroc and started one of his McDonalds Franchise.
      • Can we earn what Ray Kroc is earning?
      • No! why ?
      • What does Ray Kroc have that we do not have?
    • How did Ray Kroc Earn ?
      • Assume each Mc outlet works for about 10 hours.
      • So 35000 outlets X 10 Hours Each equals
      • 350000 productive hours.
      • Ray Kroc has more time.
      • “ More Productive Time ”
    • Back To Our Equation
      • Wealth = Ability X Time
      • We always focus on Ability.
      • Our Ability to perform. “Super Man”
      • Ray Kroc focused on Time
      • He increased his time by making his ability simple, for any one to duplicate
      • He increased his time by duplication!
    • Not Yet Clear About Time?
      • Ok, Can you work for 10 Hrs every day?
      • Can you work for 6 days in a week?
      • So you are putting 60 Hrs in a week.
      • You work for 50 weeks in a year. Ok
      • You work for the next 40 years of your life. So 60Hrs X 50Weeks X 40Years.
      • You are honest, sincere & hardworking.
    • Your Life Time of Work Is… 120000 Hours That’s your Productive Life Time.
    • The 3% and 97% Difference
      • Ray Kroc through his Franchise Business has time that is about 3 times your productive lifetime in one day.
      • You have 120000 hours in a life time and Ray Kroc has 350000 hours in one day.
      • Do you now value the quote…
      • “ Time is Money”
    • Want To Get Lucky?
      • Luck is …
      • L abor
      • U nder
      • C orrect
      • K nowledge
      • Luck happens when
      • “ The Opportunity Meets Preparation”.
    • To summarize
      • We work for our emotional dreams.
      • Royalty based income is possible.
      • Business is better than a Job.
      • Time is money. We have to act fast.
      • We are responsible for our own life.
      • You must be willing to change.
      • We must become more teachable.
    • What Next?
      • 97% people will go back to their routine in life.
      • Doing the same thing again and again and expecting a different result is known as insanity!
      • 3% people will take action based on the information they have gained today.
      • Successful people do not wait for an opportunity, but when one presents itself they will act.
    • This Is The New Beginning
      • Contact the person who showed you this presentation.
      • Ask for reading material, audio and video tapes.
      • Fix up a meeting to look at the royalty based business opportunity.
      • Join the club of successful people .
      • Welcome to your Financial Freedom!
    • Royalty Income Organization Helping People Help Themselves Lead a Better Life! www.RoyaltyIncome.org