Step Up Phil Entrepreneurship


Published on

  • Be the first to comment

  • Be the first to like this

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide
  • A common questions when a person gets started is “What do I do?”. To answer this question it is first best to understand how a traditional business works. In a traditional business you are typically paid for the hours you work or the product that you move. This is called linear income. Essentially you are trading time for money. With Photomax you have the opportunity two take advantage of the two best kinds of income, residual and leverage income.
  • How cash flows
  • Step Up Phil Entrepreneurship

    1. 1. What’s Your Plan
    2. 2. house & lot P5M car P2M travel P2M education P5M wife or husband P1M Retirement P20M + + + + + What Do You Want?
    3. 3. 35,000,000 10,000 3,500 3,500 months 3 century 300 years Dream Calculator
    4. 4. Follow what everyone does? Or take a U-Turn and do something different?
    5. 5. The bottomline when you’re 65 Dead broke Dead Self-sustaining Well to do wealthy
    6. 6. 74% Business Owners 10% Top Professionals 10% CEO - Stock 5% Super Sales Persons 1% Athletes Entertainers Source: The New Interagency Report: Older Americans 2000: Key indicators of Well-Being, (U.S. Census) How the Wealthy 1% Did It?
    7. 7. income time JOB Self-Employed Income Types
    8. 9. Convergence of Trends creates business Tsunami <ul><li>Economics </li></ul><ul><li>Demographics </li></ul><ul><li>Technology </li></ul>
    9. 10. <ul><li>“ U.S. faces worst recession since 1982” </li></ul>“ Many experts expect unemployment will rise above 7% and is likely to peak at about 7.5% Financial Times 10/20/2008 ECONOMICS
    10. 11. Business Closings
    11. 12. <ul><li>48% of GE software is developed in India </li></ul><ul><li>Reuters has off shored editorial work </li></ul><ul><li>Indian accountants prepare US tax returns </li></ul><ul><li>A U.S. chip designer earns $7,000 per month. In India, $1,000 per month </li></ul><ul><li>U.S. Engineer $5,000, Russian $650 </li></ul><ul><li>At least 3.3 million white collar jobs and 136 billion in wages will shift to other countries. </li></ul><ul><li>Software has been created that writes software </li></ul><ul><li>Computers used in medical diagnosis </li></ul><ul><li>Computers used to write legal documents </li></ul>World Trends Outsourcing & Automation
    12. 13. 4 Generations in the Workplace Tradition- alists 1928-1945 Total = 259 million Americans DEMOGRAPHICS 600m 1B Boomers 1946-1964 460m Gen X 1965-1979 780m Gen Y 1980-2000
    13. 14. Demographics of Opportunity <ul><li>Baby Boomers </li></ul>(1980 – 2000) 78 million Americans <ul><li>(1946 – 1964) </li></ul><ul><li>76 million Americans </li></ul><ul><ul><li>Control 70% of consumer spending </li></ul></ul><ul><ul><li>Looking for ways to delay aging </li></ul></ul>Generation X Generation Y Gen X & Y together = 124 million people! (1965 – 1979) 46 million Americans
    14. 15. <ul><li>“ First, the Technologies change rapidly…And second, the technologies are not the point. The forces at work are. </li></ul>Josh Bernoff From the book “Groundswell” Concentrate on the relationships , not the technologies. The community that is created…determines how the power shifts.”
    15. 16. Growth of Social Networks Over 100 million active users Over 214 Million friends Over 230,000 new users per day Over 30 million users 3.2 million visits per month Over 40 million users
    16. 17. Diagnostically Biased PERCEPTION is not always reality
    17. 18. Washington Post Experiment <ul><li>Wearing Baseball Ball hat, Joshua Bell played incognito in a busy Washington DC Metro Subway Station using a $4 million violin </li></ul>What do you think happened?
    18. 19. What do we do? <ul><li>Traditional Business </li></ul><ul><ul><li>Trade time for money </li></ul></ul><ul><ul><li>Linear income </li></ul></ul><ul><li>Mechanics of Wealth </li></ul><ul><ul><li>Residual Income </li></ul></ul><ul><ul><li>Leveraged Income </li></ul></ul><ul><ul><li>Benefits </li></ul></ul><ul><ul><ul><li>Paid on the efforts of your total marketing team worldwide </li></ul></ul></ul><ul><ul><ul><li>Can make more money </li></ul></ul></ul><ul><ul><ul><li>Can Have More time </li></ul></ul></ul>
    19. 20. Design your long term lifestyle MONEY TIME HEALTH 1 2 3 4 FREEDOM
    20. 21. Raising Capital Income Expense Assets Liabilities Financial Statement
    21. 22. <ul><li>CASHFLOW Pattern </li></ul>Assets and Liabilities POOR MIDDLE RICH Income Income Income Expense Expense Expense Assets Assets Assets Liabilities Liabilities Liabilities
    22. 23. Cashflow Quadrant E S B I ` Employee Self Employed Business Owner Investor
    23. 24. What do you Look for Potential business? <ul><li>The Right Trends </li></ul><ul><li>The Right Products </li></ul><ul><li>The Right Timing </li></ul><ul><li>The Right Company Vehicle </li></ul><ul><li>Opportunity to Leverage/Expand </li></ul>
    24. 25. Are you Prepared for NEW Trends in Business…
    25. 26. Trends & Timings BABY BOOM The first time the ENTIRE Baby Boom generation is impacting a single market at the same time !
    26. 27. The next big Trends <ul><li>Health </li></ul><ul><li>Looking Younger </li></ul><ul><li>Retirement Issues </li></ul><ul><li>Wills & Estate Planning </li></ul><ul><li>Security & Money </li></ul><ul><li>Efficiencies ( Making life Easier) </li></ul>
    27. 28. <ul><li>The Wellness Revolution </li></ul><ul><li>bigger than all the other revolutions </li></ul>Over $100 million a day business
    28. 29. EVERDAY in health and beauty industries 2.7 MILLION UNITS OF premium nutritional and personal care products are sold enough to reach TO THE TOP OF MOUNT FUJI 40 TIMES 1. ANTI-AGING INDUSTRY
    29. 30. 2. HEALTHCARE/ WELLNESS INDUSTRY EVERYDAY in the NUTRITION INDUSTRY 380,000 cubic feet of supplements are purchased – enough to fill THE LEANING TOWER OF PISA
    30. 31. Why Become A Business Professional? The Power of Leverage
    31. 32. Ways to cash in? <ul><li>Practitioner </li></ul><ul><li>Manufacturer </li></ul><ul><li>Retailer </li></ul><ul><li>Distributor </li></ul>
    33. 34. The Next Millionaires <ul><li>“ Ten million new millionaires will be created between 2006-2016. You can become one of them if you are in direct selling, technology, product distribution, or an emerging trillion-dollar industry like wellness.” </li></ul><ul><li>“ The best opportunities today lie in working for oneself as a home-based entrepreneur. Direct selling offers vast numbers a better, more satisfying quality of life than any other profession.” </li></ul><ul><li>“ Direct selling companies are in alignment with today’s most vital economic trends , and because of this, they are perfectly positioned to create many of the decade’s next ten million millionaires.” </li></ul>
    34. 35. Distribution Business <ul><li>Traditional C-Type Corporation </li></ul><ul><li>Franchising </li></ul><ul><li>Network Distribution </li></ul>
    35. 36. C-Type Corporation PLAN A
    36. 37. income time Traditional Business
    37. 38. Proctor & Gamble Proctor & Gamble U.S.A. Proctor & Gamble Phils. Local Distributors Wholesalers Supermarkets Groceries Sari-sari Stores consumers
    38. 39. What does it take? <ul><li>Capital </li></ul><ul><li>Effort </li></ul><ul><li>Invent A System </li></ul><ul><li>Employees </li></ul>
    39. 40. What are your Odds? <ul><li>95% of most start-up businesses fail in the first year of operation </li></ul><ul><li>9 out of 10 who survive the first year close down after 5 years </li></ul><ul><li>Most successful business people fail in 3-5 businesses on average before they make it. </li></ul><ul><li>Real life business is a hands-on education program. You learn fast, you succeed faster. </li></ul>
    40. 41. Ray A. Kroc Founder McDonald's Corporation 1902-1984 &quot; None of Us is as Good as All of Us&quot; -Ray Kroc PLAN B
    41. 42. income time Franchise Franchise Income
    42. 43. McDonald’s Systems Inc. 3% 3% 3% 3%
    43. 44. What does it take? <ul><li>Capital </li></ul><ul><li>Effort </li></ul><ul><li>Buy a System-Franchise </li></ul><ul><li>Employees </li></ul>
    44. 45. What are your Odds? <ul><li>1/3 of Franchises make money </li></ul><ul><li>1/3 break-even </li></ul><ul><li>1/3 fail </li></ul><ul><li>A good McDonald’s Franchise takes 5 years for ROI. </li></ul><ul><li>Do you have USD 1-2 M for the next </li></ul><ul><li>5 years? </li></ul>
    45. 46. Observation 1 <ul><li>Selling is Involved </li></ul><ul><li>“ Best-Selling Author” </li></ul><ul><li>“ Best-Selling Book” </li></ul><ul><li>“ Platinum Album” </li></ul>
    46. 47. Observation 2 <ul><li>The Pyramid-Hierarchy of Things </li></ul>Trad. Business Plan A&B C-type Corp. Franchising
    47. 48. O bservation 3 <ul><li>Every distribution system involves a fair exchange of product or service for it’s equivalent monetary value </li></ul><ul><li>This is what we call a fair and legal business deal </li></ul><ul><li>What is an illegal business deal? </li></ul><ul><li>When you pay for something not equal it’s value……. SHORTCHANGE!!! </li></ul>
    48. 49. The Illegal Pyramid
    49. 50. Observation 4 <ul><li>There’s no Shortcut to Success </li></ul><ul><li>Everyone has to work </li></ul>
    50. 51. Proverbs for Work <ul><li>“ Work hard and become a leader; be lazy and become a slave” Prov.12:24 </li></ul><ul><li>“ Lazy people want much but get little, but those who work hard will prosper and be satisfied” Prov.13:4 </li></ul><ul><li>“ Work brings profit, but more talk leads to poverty”.Prov 14:25 </li></ul><ul><li>“ Lazy people don’t even cook the game they catch, but the diligent make use of everything they find”.Prov.12:27 </li></ul>
    51. 52. Observation 5 <ul><li>Success Takes time </li></ul><ul><li>Our future success is dependent on how we spend every moment of everyday </li></ul><ul><li>Delayed gratification video next </li></ul><ul><li>Business of the 21 st century </li></ul>
    52. 53. What if….. <ul><li>We can combine the advantages of: </li></ul><ul><li>Business Ownership </li></ul><ul><li>Leverage </li></ul><ul><li>Global Trends </li></ul><ul><li>Technology </li></ul><ul><li>Baby boomers </li></ul><ul><li>Gen X </li></ul>PLAN C Technology
    53. 54. income time Partnership/Affiliate Network Distribution
    54. 55. Business is Booming Indicators
    55. 56. Network Distribution System Manufacturer yOu consumers <ul><li>Business Ownership </li></ul><ul><li>Global Trends </li></ul><ul><li>Leverage </li></ul><ul><li>Technology </li></ul><ul><li>Baby boomers </li></ul><ul><li>GenX </li></ul>
    56. 57. 3 businesses in 1 3 Businesses in One! 10 Times more Profitability Retail Franchising Wholesale
    57. 58. How does it work? <ul><li>Just like a franchise such as </li></ul><ul><li>but you are the franchise. </li></ul>
    58. 59. What’s the Advantage? <ul><li>Little or no capital risk </li></ul><ul><li>&quot;The perfect Business&quot;-Robert Kiyosaki </li></ul><ul><li>Get paid more than your worth </li></ul><ul><li>Create a permanent income pipeline-leverage </li></ul><ul><li>Be your own boss </li></ul><ul><li>Own your time, your life. </li></ul>
    59. 60. <ul><li>Parent company manufactures products </li></ul><ul><li>Provides R&D and technical support </li></ul><ul><li>Provides infrastructure,accounting, warehouse </li></ul><ul><li>You build the distribution channel </li></ul><ul><li>You provide leadership in market expansions </li></ul><ul><li>You use a proven business expansion system that is easily duplicated </li></ul><ul><li>You teach these to others who are able to teach others also </li></ul><ul><li>You get paid by the amount of products and services moved in your distribution channel. </li></ul>
    60. 61. What are your odds? & what does it take? <ul><li>Unconditional Commitment for 2-3 years </li></ul><ul><li>Learn to lead and teach </li></ul><ul><li>Minimal amount of capital </li></ul><ul><li>Delayed gratification and discipline </li></ul><ul><li>Work!work!work! </li></ul><ul><li>20% of new U.S. millionaires in the last </li></ul><ul><li>5 years got their millions from this industry </li></ul>
    61. 62. “ Where could you find a business that will invest the time in your education, your personal development and building your own business? The answer is: most network marketing business .” - Robert T. Kiyosaki “ Network marketing has proven itself to be a viable source of income..” - Donald J. Trump
    62. 63. PLAN C Network Distribution Company Partner Communication A partnership SYSTEM You
    63. 64. Factors in choosing a company partner… <ul><li>Rock Solid, Public & Proven Company </li></ul><ul><li>Exclusive, Patented & Timely Products </li></ul><ul><li>Has operation in different market </li></ul><ul><li>Capitalizing on biggest trends (technology, distribution, wellness) </li></ul><ul><li>Has proven system that can run auto-pilot </li></ul><ul><li>Global Infrastructures with seamless system </li></ul><ul><li>Riding on Internet & Ecommerce </li></ul>
    64. 65. Due Diligence… <ul><li>Standard industry explanation from Harvard trained professor who teaches networking marketing as course America & given lectures around the world.. </li></ul><ul><li> </li></ul><ul><li>Association that regulates the industry for legal & ethical business practice. </li></ul><ul><li> </li></ul><ul><li>For traditional business & franchising </li></ul><ul><li> </li></ul>