Professional Documents
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Income Expenditure
What will be Your Income and Expenditure in 5 Years?
GAP
If you want to bridge this gap the
only possible way out is to create
another source of income.
Usually having ones own business
is the first choice.
INCOME EXPENDITURE
SO, WHAT ARE THE CHOICES YOU HAVE ???
WORKING HOURS PER DAY AMOUNT PAID PER MONTH HAPPINESS QUOTIENT
YES, HAPPY
10 HRS ₹1,00,000
(GETTING TIME + MONEY)
NOW WHAT, IF THIS IS NOT CONSTANT? AND THE COMPANY FIRES YOU AFTER 6 MONTHS AS A
LIABILITY?
HEREIN, THE CONCEPT OF JOB/INCOME SECURITY COMES IN!!
PROFESSIONALS
LIFE
O - F - F - I - C - E
INCOME = RATE x TIME
Your Income Depends on YOU
0 = 0 x TIME
Some new technology/ process come and you fail to keep up.
Your Rate becomes zero so does your income.
0 = RATE x 0
You fail to go to join for few months due to some accident
or illness. Your productive hours become zero and so does your income.
Linear Nature of Income
MAX MAX 8 -12 Hours
By the time you reach the age of 40 you can not work towards increasing your rate. Your productive time is
limited to 10 -12 hours per day. Hence that makes your income.
But if you knew how to increase your productive time you could be able to increase your income too.
INCOME ∝ TIME
Needs a huge capital. Not less than a few crores. Say suppose you work for a company XYZ. It needs years of building a system that
Includes manufacturing setup, logistics, And they have hired 1000 Professionals working for works for all. And at the same time it can be
managing accounts and lot of other things. 10 Hours = 10,000 JOB HOURS too expensive to hire appropriate human
resource.
With the authority to Hire they also have the
authority to Fire.
Income By Time Leveraging
INCOME ∝ TIME
YOU
We can get into partnership with someone who We can learn to build our own Here we take help from an organization named BWW.
has already built this. organisation by leveraging our social BWW is an entrepreneurship development school operating
In our case it is Amway India Enterprises. network (Online/ Offline). in nearly 80 countries. You can learn here through,
They provide support and training regarding Books,
Products and virtual office to manage the CD's/ Streaming App,
business on the go. Classroom sessions by Experts
It is the #1 Direct Selling Company in the world.
Started its operation in 1959 from USA by two high school friends − Rich DeVos & Jay Van Andel.
Present in more than 100 Countries and Territories around the World.
Global turnover in excess of $8.8 Billion (2019).
More than 450 Unique products in 6 different categories.
Amway owns over 6400 acres of Certified Organic farmland in California, Brazil, Mexico, Washington.
Has a team of 500+ Scientist and over 800 Patents granted & 270 in pipeline.
Had paid bonuses in excess of $61.3 Billion. (4.3 Lakh Crores INR)
Holds the EPA (Environment Protection Achievement Award) conferred by United Nations Environment Program or UNEP
in June 1989.
As per Forbes − (April 2020), Amway is ranked #44 as the “Largest privately held Corporation in America”.
# ‘Harvard Business School’, which described Amway as “One of the most profitable direct selling companies in the world”
Source:
# https://en.wikipedia.org/wiki/Amway#Business_model
INDIA
Came to India in 1995 and started it’s Commercial 100% money-back guarantee on all products.
More than 172 products in Nutrition, Beauty,
01 Operations on 5th May 1998 with 6 Products in 2 05 Home Care, Personal Care and Consumer Durables
Categories and 5 Offices.
Now, amongst top 15 largest FMCG companies and Years of consistent growth with Current Turnover of
04 the leading Direct-Selling company. 08 Close to ₹2000 Crores.
INCOME = EXPENSES + SAVINGS
Usually the nature of our expenditure is ON-GOING and ON-GROWING than our savings and if we can learn
how to earn from our expenses. It can also become ON-GOING and ON-GROWING.
Expenses are inevitable, it never stops. A chunk of our Expenses are on Buying Different Essential Things
Customer
Manufacturer 60% extra by the time it reaches you 100%
40%
Adv. 15%
Where Are We Spending Our Hard Earned Money?
Manufacturer
40% Intermediaries of the Century Customer
100%
Company
60%
Outlets 60%
Shopping 60%
Malls 60%
eCommerce 60%
Platforms 60%
Social 60%
Media 60%
SHOP - X
Customer Favourites
Great Value Product Consumer Durables
Bronze Silver Gold
Amway’s Inspiring Possibilities:
Income Potential:
Sky is the limit - based on your hard work and efforts.
BFI @ 15%
CORE PLAN + CORE PLUS+
BBI @ 20%
On Sales Comm. On Sales Comm.
for 12 rolling months for 12 rolling months
if one maintains min 9% if one maintains min 15%
Vol with 3-nos 3% Sales Vol with 3-nos 6% Sales
Teams
CSI Teams
10% 7% 4% 1%
Set your goal for yourself and achieve new and higher bonus levels…
With Amway, possibilities are infinite …
DIFFERENT INCOME 1PV= Rs 80 NSV
SALES COMMISSION
1. Retail Profit = 10% PV NSV %
2. Trade Discount = 10%- Tax ( Approx ) 10000 800000 21
3. Sales Commission = 3% to 21% 7000 560000 18
4. CORE+ Income = 10% to 35 % 4000 320000 15
5. Leadership Development Bonus = 6% 2400 192000 12
6 to 10 different types of income 1200 96000 9
Other : Cash and Non Cash Benefits
600 48000 6
* Based on PC & Structure Criteria *
200 16000 3
STEP - 1
• .
PC
•100GP/NSV •50PV PC
PC
•50 PV
•500GP/NSV 3% PC 50PV
●
PC ●
50PV
PC ●
50PV
●
100P
•50PV 3% A ●V
100P
B ●
V
100P
3% C V
3%
RP + TD= 50 x 80 x 20 % = Rs 800
CSI+TD = 150 X 80 X ( 7+10 ) % = Rs 2040
SC = 500 X 80 X 3 % = Rs 1200
TOTAL INCOME = Rs 4040 ( Approx )
STEP – 3
PC 50 PV
●
PC ●
50 PV
•4200 GP/NSV 15% PC ●
50 PV
●
800
•50PV 9% A ● GP
2000
B ●
GP
1200
C GP
6%
6%
MRP + TD = 50 x 80 x 20 % = 800
TD = 150 X80 X 10% = 1200
YOU = 4200 X 80 X 15 % = Rs 50400 – Rs 26880
A = 800 X 80 X 6 % = Rs 3840 = Rs 23520 + Rs 800 + Rs 1200
B= 2000 X 80 X 9 % = Rs 14400 = Rs 25520
C= 1200 X 80 X 9 % = Rs 8640 TOTAL INCOME = Rs 25520 (Approx)
TOTAL = Rs 26880
STEP – 4
PC 50 PV
●
PC ●
50 PV
•10200 GP/NSV 21% PC ●
50 PV
●
2000
•50PV 12% A ● GP
5000
B ●
GP
3000
C GP
6%
9%
MRP + TD = 50 x 80 x 20 % = 800
TD = 150 X 80 X 10% = 1200
YOU = 10200 X 80 X 21 % = Rs 171360 – Rs 103200
A = 2000 X 80 X 9 % = Rs 14400 = Rs 68160 + Rs 800 + Rs 1200
B= 5000 X 80 X 15 % = Rs 60000 = Rs 70160
C= 3000 X 80 X 12 % = Rs 28800 TOTAL INCOME = Rs 70160 (Approx)
TOTAL = Rs 103200
POTENTIAL INCOME OPPORTUNITIES
DIAMOND
(FOUNDERS
QUALIFICATION)
MONTHLY INCOME
₹5.58 LAKHS *
EMERALD ANNUAL INCOME
(FOUNDERS
₹66.96 LAKHS *
QUALIFICATION)
MONTHLY INCOME
₹2.56 LAKHS *
PLATINUM ANNUAL INCOME
Income Reference: August 2018
₹30.70 LAKHS *
(FOUNDERS
QUALIFICATION)
MONTHLY INCOME
₹73,319 * * EXCLUDING
ANNUAL INCOME RETAIL PROFIT, TRADE DISCOUNT, CORE
PLUS INCENTIVES AND OTHER
₹8.8 LAKHS * INCENTIVES
Why Amway??
Amway is World’s Largest and Leading Direct Selling Company.
It Offers:
Amazing Products
Outstanding Opportunity
I n s p i r i n g Possibilities
IN A NUTSHELL
WHAT YOU NEED TO DO
1. USE PRODUCTS
2. SHARE PRODUCTS
M - MONEY TEACHABILITY
T - TIME
My Final Recommendation:
Get in touch with the person who offered you the opportunity,
immediately.