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Syntek GlobalWhy THISIndustry
Why THISCompany
Why THISOpportunity
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100 65-Year Olds
Truly Wealthy = $10 Million net worth excluding debtSource: Social Security Administration, Office of Research and Statistics,
January 1996
Income of Population 55 or Older,
1994 U.S. Bureau of the Census, April 1996
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1% Wealthy
Source: The New Interagency Report: Older Americans 2000: Key indicators of Well-Being
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IF you want to be wealthyOPTIONS = Become a Business Owner
1. Start a Company 39% are profitable
30% break even
30% lose money
64.2% of businesses failed in a 10-year period.*
2. Start a Franchise 97% success rate**
Up front costs of between $79,000 - $2.5 Million
Susceptible to local circumstance and disaster
3. Start a Network Marketing Organization Same benefit of a franchise
Minimal up front costs between $89 - $598
Global and indestructible by nature
*William Dennis, Natl Federation of Independent Businesses, reported by Karen E. Klein in Business Week, September 30, 1999**United States Chamber of Commerce, http://www.the-franchise-guy.com/facts.htm
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The World IS a Network
Social networking is changing EVERYTHINGFacebook, Twitter, Linked In, Craigs List,
Second Life, Match.com, MySpace, etc.
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Select your VEHICLE orCOMPANY to build
Which one would you prefer?
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#1: AGEThe company should be at least 18 months old, as 90% of allnetwork marketing companies that fail do so in the first 18months.
#2: PRODUCT FEATURES-Highly consumable
-Unique (exclusive)
#3: GROUND FLOOR
3 Things to Look for in a Company
according to Harvard Business School
- -
-Less than of 1% already involved
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What is Ground Floor?
Harvard Business School suggests that:
In order for the opportunity to qualify as "ground floor"the number of existing active distributors should be lessthan of 1% of the population (300 million in the
United States) in the country where this networkmarketing company exists. In the United States thisfigure is equal to 1.5 million people. If there were lessthan 500,000 people involved, you would be on thecutting edge of a great opportunity.
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-Who is on the corporate team?
-Who are the distributors?
#1 FOUNDATION
#2 FINANCIAL POSITION-What are their financial obligations?
-Do they have cash to invest?
#3 PAY PLAN
3 MORE Things to Look For
- - Proven to pay out without exposing the company
- Avoid the Red Flags
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PASTPRESENTFUTURE
Is it a fad?
#1 TRENDS
#2 TIMING
#3 TRAITS
3 Things to Look for in an Opportunity
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Fuel Pricing Trends
Harvard Kennedy School, Science and International Affairsmay require gas prices greater than $7/gallonby 2020.
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Engine Life Trends
Source: ww.thepeoplehistory.com
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Emissions Trends
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What about Internationally?
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Is it just a fad?
FAD= a temporary fashion, notion, manner ofconduct, etc., esp. one followed enthusiastically by a
group.
Does a 10 year GLOBALplan to do something about
FUEL EFFICIENCY & EMISSIONS seem like a fad toyou?
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Is it a fad?
PASTPRESENTFUTURE
#1 TRENDS
IS it EARLY, LATE, OR RIGHT?#2 TIMING
#3 TRAITS
3 Things to Look for in an Opportunity
Wh i h i h i j i
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When is the right time to joina network marketing
company?
Harvard Business School also stated that
If there were less than 500,000 people involved, youwould be on the cutting edge of a great opportunity.BUT, if the company meets all 3 criteria, AND has lessthan 100,000 distributors, Harvard Business Schoolconsiders it to be a once in a lifetime opportunity.
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Is it a fad?
PASTPRESENTFUTURE
#1 TRENDS
IS it EARLY, LATE, OR RIGHT?#2 TIMING
#3 TRAITS
3 Things to Look for in an Opportunity
What are key features of theproduct offered?
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-Does it REALLY work?
-Can you put YOUR name on it?
#1 Proven
#2 Consumable-Is the product frequently used?
-Is there a large demographic?
#3 Demonstrable
3 Things to Look for in a Product
- Does it provide a noticeable difference
to the consumer?
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THISis it!
Obvious: Easily seen, recognized, orunderstood; evident
THISis the Industry
THISis the Company
THISis the Opportunity
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