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- 9. Profits vs Wages Who Controls Wages? Who Controls Profits? 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
- 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%
- 20. Play DVD
Editor's Notes
- 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.
- Our business system incorporates e-business networks. We also have the ability to expand internationally.
- 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.
- 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.