How You can earn RM 5,000 per month consistently within 3 years (even before the month starts) By Peter Lim – Sep 2008
If today is 3 years from now… <ul><li>You’re getting RM 5,000 per month before you started your work  (in Public Mutual). ...
2 Categories of Income (in Public Mutual) <ul><li>One time Income </li></ul><ul><li>- Closing a case (Cash or EPF) with no...
Continuous Income How to get RM 5,000 (or possibly more) within 3 years from these sources ? Continuous Income 1. Career B...
Cash DDI <ul><li>RM 1,000 Commission would require a cash DDI of RM 30,120 every month  (assuming you’re Agency Supervisor...
EPF DDI <ul><li>RM 3,000 Commission would require a EPF DDI of RM 131,000 every month  (assuming you’re Agency Supervisor)...
Career Benefit (from Asset Under Management) <ul><li>RM 1,000 Commission would require an Asset Under Management of RM 5 M...
How it would work out? <ul><li>New Cash DDI of RM 840 per month. </li></ul><ul><li>New EPF DDI of RM 3,640 per month. </li...
Sales & Asset Under Management 5 Million 52,500 131,040 30,240 3 Years 2.69 Million 52,500 87,360 20,160 2 Years 1.02 Mill...
Commission 3 Years 2 Years 1 Year 2 1 Month $ 6,478.35 $ 5,005.73 $ 1,472.63 $ 4,680.75 $ 3,208.13 $ 1,472.63 $ 3,012.18 $...
What if ? <ul><li>What if I’m part timer? </li></ul><ul><li>What if I’m new agent? </li></ul><ul><li>What if I want more t...
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How You Can Earn Rm 5k Per Month - 20 Sep 2008

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Sharing by Peter in his training on 20th Sep 2008

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How You Can Earn Rm 5k Per Month - 20 Sep 2008

  1. 1. How You can earn RM 5,000 per month consistently within 3 years (even before the month starts) By Peter Lim – Sep 2008
  2. 2. If today is 3 years from now… <ul><li>You’re getting RM 5,000 per month before you started your work (in Public Mutual). </li></ul><ul><li>How would you lead your life differently from now? </li></ul>
  3. 3. 2 Categories of Income (in Public Mutual) <ul><li>One time Income </li></ul><ul><li>- Closing a case (Cash or EPF) with no monthly investment. </li></ul><ul><li>- Eg. A client invest RM 10,000 one time. </li></ul><ul><li>Continuous Income </li></ul><ul><ul><li>Career Benefit </li></ul></ul><ul><ul><li>Direct Debit Instruction </li></ul></ul><ul><ul><li>EPF Investment as if it’s DDI </li></ul></ul><ul><ul><li>Group Sales / Career Benefit, etc. </li></ul></ul>
  4. 4. Continuous Income How to get RM 5,000 (or possibly more) within 3 years from these sources ? Continuous Income 1. Career Benefit 2. Cash DDI 3. EPF (as if it’s DDI) 4. Group
  5. 5. Cash DDI <ul><li>RM 1,000 Commission would require a cash DDI of RM 30,120 every month (assuming you’re Agency Supervisor). </li></ul><ul><li>Dividing 30,120 by 36 months, would be RM 840 every month. </li></ul><ul><li>That means, you would need to have RM 840 new DDI every month for 3 years. </li></ul><ul><li>Roughly 2 new Cash DDI case per month (assuming each case is RM 420 per month). </li></ul>
  6. 6. EPF DDI <ul><li>RM 3,000 Commission would require a EPF DDI of RM 131,000 every month (assuming you’re Agency Supervisor). </li></ul><ul><li>Dividing 131,000 by 36 months, would be RM 3,640 every month. </li></ul><ul><li>That means, you would need to have RM 3,640 new EPF DDI every month for 3 years. </li></ul><ul><li>Roughly 2 new EPF DDI case per month (assuming each case is RM 5,500 per EPF withdrawal). </li></ul>
  7. 7. Career Benefit (from Asset Under Management) <ul><li>RM 1,000 Commission would require an Asset Under Management of RM 5 Million (assuming you’re Agency Supervisor). </li></ul><ul><li>By doing Cash and EPF DDI from earlier 2 slides, you would have accumulated RM 3.11 Million after 3 years. </li></ul><ul><li>Shortfall is RM 1.89 Million. Dividing it to 36 Months, would give RM 52,500 per Month Sales. </li></ul><ul><li>Roughly about 5 cases per month, assuming each investor invest RM 10,000. </li></ul>
  8. 8. How it would work out? <ul><li>New Cash DDI of RM 840 per month. </li></ul><ul><li>New EPF DDI of RM 3,640 per month. </li></ul><ul><li>Lump Sum (one time) investment of RM 52,500 per month. </li></ul>
  9. 9. Sales & Asset Under Management 5 Million 52,500 131,040 30,240 3 Years 2.69 Million 52,500 87,360 20,160 2 Years 1.02 Million 52,500 43,680 8,400 1 Year 129,360 52,500 10,920 1,680 2 64,260 52,500 10,920 840 1 AUM Lump Sum EPF DDI Cash DDI Month
  10. 10. Commission 3 Years 2 Years 1 Year 2 1 Month $ 6,478.35 $ 5,005.73 $ 1,472.63 $ 4,680.75 $ 3,208.13 $ 1,472.63 $ 3,012.18 $ 1,539.55 $ 1,472.63 $ 1,804.34 $ 331.72 $ 1,472.63 $ 1,763.43 $ 290.81 $ 1,472.63 Total Continuous One Time
  11. 11. What if ? <ul><li>What if I’m part timer? </li></ul><ul><li>What if I’m new agent? </li></ul><ul><li>What if I want more than RM 5,000 “continuous” income? </li></ul><ul><li>What if I don’t want to earn so much because I don’t see a need to be rich ? </li></ul>

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