Start Living Your Dream in 2020!

What is Your Financial Plan?

 Are you ready to stop living the 40-40-40 Plan and Start Living Your Dream

[1]: Traditional Financial Plan The 40/40 Plan.

 The 40-40-40 plan. It simply means," work on a JOB, 40 hours a week for 40 years and retire on 40% of your BASIC salary". Sounds familiar?

This system was once the safest place to be. Playing by the 40-40-40 plan was one of the best options one could ever get. This plan powered the education system to be stronger and demanding.

 It is obvious that almost everyone starts thinking about schooling once their children turn 5 years old.

 It’s time to be told the facts. But before then, lets understand the 40-40-40 plan very well.

 There are three 40's in this plan. 

 The first "40" represents working on a JOB for 40 hours a week. In this New economy, it will be like heaven for most people if they were to work only 40 hours a week but here lies the case just a view employee work this less. Some employees work almost 24 hours a day.

 They wake up at 4:00am and get back home at 10:00pm with loads of work which they can barely finish even if they worked all night. They sleep around 12 midnight and some even sleep less than 4 hours a day.

 Yes, there was a time in the history of man where people worked 40 hours a week but not in this new economy. 40 hours a week can be simplified as 8 hours a day for 5 days in a week. But who does that now? Very hard to find right?

 Working on such a stressful weekly duty is enough to keep you looking for new opportunities.

 This brings us to the second "40". 

 The second "40" from the plan represents working for 40 years. How on earth do you plan on working this stressful weekly duty for 40 solid years. This keeps me thinking. It’s almost impossible to continue this stressful schedule 52 weeks a year for 40 years.

 Over 90% of workers cannot stand this stress. This is why most people keep changing jobs and statistics proves that, in this new economy, people change jobs every 2 years 2 months. It’s simply because, working on such stressful jobs for a paycheck that can barely get your family going is really disturbing.

 Now, to the most interesting part of this plan. The third "40".

 This represents retiring on 40% of your BASIC salary. The keyword here is "BASIC". This is the truth. The hard truth. After working for over 40 hours a week for an average of 40 years, you retire on 40% of your BASIC salary.

 Most people do not ask about this. All they think of is the fat paycheck they get after their services. There is global price increasing. Currency devaluation is happening everywhere, well, except a few currencies.

 So, if you are to take $10,000 as your fat pension paycheck in the next 40 years and live on 40% of your BASIC salary monthly, can you imagine how worthless this amount will be?

 How well were you on 100% of your BASIC salary plus incentives plus bonuses and after 40 years, you are forced to live on just 40% of your BASIC salary. This is the hard truth about the 40-40-40 plan.

 This financial plan was once the safest to have by but now, it will drain and kill you.

 This is a statistical fact about the 40-40-40 plan in this economy.

By age 25, most people have an idea of what profession they will enter, anything from a fishing guide to a surgeon. But forty years later, out of a typical 100 people,

5 are still working

36 are dead

54 are dead broke (or at least earning far less than when they were employed)

4 are well off and only

1 person is wealthy

[2]: New Financial Plan

The Duplication-Leverage-Residual Income Plan

 Which One of the Four Types of Income Do You to Earn for your financial plan?

 Employee Job Income: This comes from you and a job. 100% of your income is based on only you. This form of income has no Duplication-Leverage-Residual Income.

 Small Business Owner income: This comes from you and a job you own (your small business). 100% of your income is based on only you. This form of income has no Duplication-Leverage-Residual Income.

 Big Business Owner Income: This comes to you because you own a business where people work with you with your systems. 100% of your income is based on people working for you. This form of income has Duplication-Leverage-Residual Income

 Investment Income-Money Works for You Income. It comes to you because you own a business where people work with you with your systems that work for you. You are building assets. It is income that comes to you and you do not need to be present. 100% of your income is based on investments and assets working for you. This form of income has Duplication-Leverage-Residual Income.

[A]: Power of Duplication--

Are You Using the Power of Duplication in Your Plan?

Would you rather have your current monthly paycheck or a penny doubled every day for 30 days?

“I would rather earn one percent of the efforts of 100 people than 100 percent of my own efforts.” — J. Paul Getty, Billionaire/Oil Magnate

 A few years back I was having a conversation with some people. They asked if you were given a choice to receive one million dollars in one month or a penny doubled every day for 30 days which one would you choose?

 When I first heard this, I knew that the penny doubled every day must have been the better choice. But how much better would it be was not something that I knew immediately. 

To demonstrate this, I wrote out all the calculations shown below:

 Day 1: $.01 Day 2: $.02 Day 3: $.04 Day 4: $.08 Day 5: $.16 Day 6: $.32 Day 7: $.64 Day 8: $1.28 Day 9: $2.56 Day 10: $5.12

 Day 11: $10.24 Day 12: $20.48 Day 13: $40.96 Day 14: $81.92 Day 15: $163.84 Day 16: $327.68 Day 17: $655.36 Day 18: $1,310.72 Day 19: $2,621.44 Day 20: $5,242.88

Day 21: $10,485.76 Day 22: $20,971.52 Day 23: $41,943.04 Day 24: $83,886.08 Day 25: $167,772.16 Day 26: $335,544.32 Day 27: $671,088.64 Day 28: $1,342,177.28 Day 29: $2,684,354.56 Day 30: $5,368,709.12

1 penny doubled every day for 30 days equals $5.3 Million on the 30th day alone and a total of $10.7 Million for all 31 days. 

Can You Apply Penny Duplication Concept to Your Income?

Are You Using the Power of Linear or Residual to Earn this Year?

 Regular Linear Income: is income that grows Linearly. It is income generated in return for a daily activity. It is income that stops if you become disabled. You are a victim of income chasing. It is income that makes a person financially dependent on a job. It is an income where there is not enough time to enjoy you income. It is income that when works stops the income stops.

 Residual Income: The Power of Residual Income is income that grows exponentially. It is income that continues to be created whether you work or not. It is income created without needing to spend time for money.  It is income that continues indefinitely. It is income that creates true financial independence and time freedom for you to enjoy. 

 Will You Double or Triple Your Income this Year?

 Would you rather be paid for 18,250 hours of other people’s work in 2020 or paid for 8760 hours of your own work?

 Let’s see. 

 You work 24 hours a day, 7 days a week for 52 weeks = 8760-man hours of earning effort. No sleep, no breaks, no drive time.

 Take a look at the Power of Leverage & Duplication: The ability to get paid hour after hour on the work done by others.

 You invest your time & energy into building a business that contains 10 people. You train those 10 people, so they become actual business owners for themselves & do the same thing. 

 These 10 people, train 10 more people each. That’s 100 people. If each of those 100 people ONLY put in 30 minutes a day, how many man hours could have been funneled into your earnings? 

 18,250-man hours. That’s 200+% more than if you worked 24/7 all year long. 

 Want to be paid for 18,250 hrs. of other people’s work or 8760 hrs. of your own?

 Want to leverage your time & money working with 

* A $Billion Company 

* A World-Class Training Company 

* A Mentor & Others

 Duplication, Leverage and Duplication are the best ways to earn.

[B]: Power of Leverage

What is Leverage in our business? Leverage comes from building a team, a network of people, who all use the products, sell the products and build a team of their own. By building a team, you can potentially earn overrides and commissions from EVERYONE on your team, not just your own work.

Leverage is defined as, “. . . the power to influence a person or situation to achieve a particular outcome.” 

There is a quote by J Paul Getty that says,

“. . . I’d rather have 1% effort of 100 men than 100% of my own efforts".

If you are a business owner, the main advantage of leveraging is that if one of your Business Partners, Associates or Workers quit, it will have VERY LITTLE effect on the production your business OR income that you get.

How to use Leverage

In J Paul Getty's example:

If he was using 100% of his own efforts to get his business started and he got sick, ALL PRODUCTION with his business stops.

BUT, if he had 100 men working for him, and one got sick, he’d STILL HAVE 99% effort and production.

Leverage in our business works the same way. Leveraging is when you get more done other people’s effort and less of your own efforts. 

For instance:

1.      Other People's Time

2.      Other People's knowledge

3.      Other People’s money

4.      Other People's Accomplishments

5.      Other People's Health

6.      Other People's Vision

7.      Other People's Strength

8.      Other People's Reputation

9.      Other People's Talents

10.   Other People's Excitement

What are some ways you can use leverage in our business?

As you see in those examples above, it's impossible to accomplish many goals without it. It is no different with this business. There is a quote that says, “. . . If you want get somewhere fast go alone, but if you want get further go with people".

 A team of people will always be able to accomplish more than any one individual. The beauty of this is each person on the team won't have to do the level of work as if one person was doing it by themselves.

 Now that you understand how leverage works.

 How Leverage affects your business

 Goals are accomplished when the team of people does their small percentage of the work. As a result, progress grows over time. As far as the power of this business goes, your team will grow larger because of leverage. 

Example #1

 If you join a company, and you get one person in your downline and the two of you worked together, it would only require 50% effort from both of you.

 If that one person in your downline quits, your business is only producing at 50% (if you don't increase, your efforts to 100%.) Furthermore, if you get sick and aren't able to do the work, your business is producing a 0%. 

Example #2

 If you have 20 people in your downline, everybody just has to produce 5% effort for your business, to operate at 100%.

 If 4 people get sick or quit (and no one improves their efforts), your business is still operating at 80%.

Example #3

If you have 100 people in your downline and everyone is giving 1% effort (to have your business operate at 100%).

If nine people get sick or quit (and no one improves their efforts), your business is still operating in 91%.

So, the MORE people you have in your downline the better your leverage. Also, before you start to think that everybody else you introduce an opportunity to has to work in vain just for the upline to get paid . . . remember the upline doesn't get paid until the downlines start producing.

Therefore, it is always in the uplines best interest to help the downline as much as possible to see an income.

Remember, leverage is when you get more done with other people’s efforts and less of your own effort. Instead of finding a few people to work hard to sell a lot of your products, find many representatives to sell small volume of your products.

Take the Work out of Your Hands!

 This business is NOT about selling A LOT of products.

 I'll explain.

 If you focus on selling 100 products and you DO reach that goal within a reasonable amount of time, that would be a good job on your part. You may have a lot of short-term bonus money BUT no residual income (In addition you may be burned out).

 But if you: 

1.    Sold five products

2.    Then introduce the opportunity to five people

3.    Taught them how to do the same thing you did (use their efforts to sell five products)  

. . . that would be 30 products sold within your organization.

If those five you introduce the opportunity to:

1.    Introduced it to their five people

2.    Taught them how to do the same thing

. . . that would be 125 products sold in your organization.

 All you did was sell five products on your own and introduce five to the opportunity. But by the efforts of others you now have 30 people and 125 products sold in organization.

 Whatever, you are going trying to accomplish whether it be in business or other areas of your life, people use leveraging in one form or another to make their lives a little bit easier. 

In this business, if you use the leverage that is available to you, to your advantage, you'll be among the top earners in your group.

[C]: Power of Residual Income

This is the ability to get paid over and over for the work that you do one time. It’s also called “royalty pay.” There are very few businesses or industries today that pay residual income. Musicians, authors and insurance salespeople are a few professions that do earn a residual income.

If you were to write or record a popular song, each time that song played on the radio, or a CD was sold, you would receive a commission, or royalty payment.

Residual income in our business is income you continue to earn based on efforts you put forth initially. This income is based on the sale of products and services. And, these products must continue to generate repeat sales.

This is one reason why “consumable” products are the most effective in this business. Consumable products are those items that are bought, used up and then replaced, over and over again. 

If you are marketing a product that is a onetime purchase product, you will have a harder time generating residual income.

Residual income is desirable in this business because this is what allows you to put forth a lot of effort in the beginning and reap the rewards of that for months and years to come!

And, by building an organization of people working toward a common goal, you can ensure a strong residual pay-out that will last for years. This is why it is important that you understand this pay advantage, and invest your effort, energy and time in other people.

In the beginning, you have the “privilege” of working lots of hours for a little pay. In the end, you have the “joy” of working little hours for lots of pay.

People ask us all of the time how much we made our first month in the business.

 The answer is – “I don’t know. I don’t know because I still get paid each and every month on the efforts, I put into that very first month.” That’s the power of residual income!

Earning residual income requires a few things –

First, you take action to get momentum going in your organization.

Second, you continue building on that momentum, and teach others to do the same.

Finally, you learn and develop leadership skills that will provide the foundation that supports your entire organization.

People follow people, and leadership skills are developed. Leaders are created, not necessarily born.

Get started and then build on your efforts each and every month. Be a leader of others and watch the residual income roll in.

[D]: Do You Have a Financial Plan? Here's Why You Need One

Having a plan can help you stay on track and meet your goals. If you don't have a financial plan in place, here's how to get started.

Some people think financial planning is only for the rich, but in reality, anyone can benefit from a solid financial plan, regardless of age or income level. And apparently, more Americans are coming to agree with this sentiment.

Back in 2012, a study by the Certified Financial Planner Board of Standards found that only 31% of U.S. households had a financial plan.

Whether you're first starting your career, preparing for children, or counting down the days to retirement, having a financial plan can benefit you in more ways than one. And you don't even need to hire a financial advisor to craft one.

Benefits of financial planning

People who have a financial plan are more likely to be in control of their finances than those without one. In fact, 64% of Americans with a plan feel that they have a good grasp on their business and investments and understand how their assets are allocated.

Those who have a financial plan also have a lot more confidence in their ability to reach their personal retirement goals.

TD Ameritrade reports that 85% of people with a plan feel good about their chances of retiring, whereas only 28% of those without a plan feel the same way.

But while planners may be inclined to aim higher than non-planners, what's more telling is the fact that planners actually save more. In fact, those with a plan have almost double the amount of retirement savings as those without one ($460,000 versus $239,000). If you don't already have a plan in place, that fact alone should motivate you to get started.

What should your financial plan entail?

The beauty of financial planning is that you can set up a strategy that suits your needs and goals. You don't have to follow a particular template or even hire an advisor (though 35% of planners do seek outside help). Financial planning commonly covers aspects such as:

·      Short- and long-term savings goals

·      Business earning goals

·      Investment strategies

·      Tax planning

·      Insurance (including health, life, and long-term care)

But your financial plan doesn't have to be strictly business. If, for example, you're hoping to buy a new television this year or want to save for nice vacation, you can incorporate those wants into your plan and see how they fit in with your finances. Furthermore, you can, and should, change or adapt your plan as you move through various stages of life.

Getting started

If you're in your 20s or 30s, your financial plan might include items such as:

·      Building an emergency fund

·      Saving up to buy a home

·      Paying down student debt

·      Setting money aside for retirement

If you're in your 40s or 50s, you might already have an emergency fund in place, and your student loan payments might be a thing of the past. In that case, you might instead choose to focus on:

·      Saving for college

·      Eliminating credit card debt

·      Ramping up retirement savings

·      Finally, if you're in your 60s, your plan might include:

·      Maxing out retirement contributions

·      Paying off your mortgage

·      Arranging long-term care insurance

A big part of establishing a financial plan involves figuring out what's most important to you and taking steps to achieve those objectives. But if you map out your goals, you'll stand a better chance of staying on course and eventually meeting them.

For example, if you set a goal of retiring in 30 years with $1 million, as opposed to just retiring at some point in the future with however much money you can accumulate, you can map out a savings strategy that will enable you to sock away enough cash in time.

That strategy might include front-loading 401(k) contributions when you're younger to take advantage of compounding, and then cutting back on contributions later in life to pay off your mortgage. Or, it might involve saving the same amount of money each year so you're not losing too much spending cash at any given point in time.

No matter what your financial plan entails, creating one is a good way to stay accountable and work toward something tangible. And the sooner you develop your plan, the more time you'll have to chip away at those goals.

[E]: Earning the Power of a New Financial Plan

1.    Which would you rather have …

A.    Your current job income?

B.    Your small business income?

C.    A Big business income?

D.   Asset Income?

2.    Would you rather earn income from a traditional business or alternative business?

3.    Would you rather earn financial help from your current sources or leverage ours?

A.    Our Opportunity

B.    Our Educational System

C.    Our Team

4.    Would you rather earn from your current income source or leverage our opportunity?

A.    Trillion Dollar Health and Wellness Industry

B.    $8.5 Billion Company that has

paid out $60 Billion in commissions

C.    60+ Fortune 500 Companies

D.   A 30+ year-old world class training organization

5.    Would you rather earn from your income source or leverage our earning system?

A.    Buying from yourself and your own business

B.    Developing clients in your own business

C.    Building a Network

6.    Would you rather earn income from your current source or our source?

A.    Leverage our financial and business plan

B.    Leverage our Company

C.    Leverage our Mentors and Team

7.    Ready to start improving your finances with our plan? This is what you need to do.

A.    Use the 3 Ways to create points and increase monthly income

B.    Make money according to the bonus schedule

C.    Build your business according to our Business Plan

D.   Grow your team to earn$250-$800-$2500+ a month

E.    Expand your team to earn substantially more money

F.     Complete the steps of enrollment

G.   Meet with us for an hour or so to get started and go over the details.

8.    Closing?

Question #1...                    

Associate: "Based on everything you've seen here today, if you were to start part-time, how much money would you need to earn per month to make this business worth your time?"       

Prospect: " I'd need at least $------- a month."         

Question #2...             

Associate: "How many hours per week could you realistically give the business to develop that income?"          

Prospect: "I could put in --- to --- hours a week."     

Question #3... 

Associate: "How many months would you be willing to give the business to reach that income level?"         

Prospect: "I would be willing to give it five or -----months."                  

Question #4...            

Associate: "If I could show you how to develop a $-------monthly income working about --- hours per week for four to six months, would there be anything else you would need to know before you get started?"                       

Prospect: "If you could show me that, I would be ready to get started."                   

Contact

Michael Kissinger

Call 415-678-9965

Disclaimer: The information in this profile is for educational purposes. All businesses come with a certain level or risk. Individual results will vary. Any companies we reference are registered trademarks and owned by the parent or named company. Any product we discuss is not designed to treat, cure, prevent or diagnose any disease. We may earn a commission some of products or services we recommend. Existing IBOs ONLY. Not for use with Prospects. While the techniques and approaches suggested have worked for others, no one can guarantee that these techniques and approaches will work for you.