As Presented by Jimmy Smith
(Wisdom . . . Jimmy is 85 years young – Has earned $25 million in the past 11 years and is the number 1 income earner in the company I partner I am partnered with). I chose to share this information with you so you could create your very own ‘Know Your Numbers’ Sheet for training and recruiting purposes.
Here’s what Jimmy said at a recent Leadership Event
Rule #1 To partake in prosperity, you must contribute.
How do you contribute?
You purchase product onautoship. Jimmy says it’s beyond Life Insurance — He calls
It Health Assurance (our cells die at arate of 1% a day — so we need to regenerate).
Rule #2 You need to DUPLICATE or you don’tearn money.
Network Marketing is 10% you and 90% Duplication.
How do you “Do Network Marketing”?
Have a Dream . . . Form a Team . . . and Focus on Your Team.
Rule #3 Build your Team Leg by adding 5 new people.
Why 5 — it’s a reasonable number to work with.
Now for the Numbers
Enroll 5 people 5 Level 1
Teach them to each enroll 5 = 25 Level 2
Teach them to each enroll 5 = 125 Level 3
Teach them to each enroll 5 = 625 Level 4
Teach them to each enroll 5 = 3,125 Level 5
Teach them to each enroll 5 = 15,625 Level 6
Teach them to each enroll 5 = 78,125 Level 7
This gives a total team of 97,000 people
Each person purchasing 100 BV = $9.7 Million
Three of the Top Companies in Network marketing are
- Amway who pays 4%
- NuSkin/Pharmenex who pays 5%
- and Niken who pays 6%
What percentage does your company pay and on how many levels (this is important to know). In today’s economy, most of the more modern compensation plans are binary (or two team comp plans). Typically a binary plan will pay a certain percentage on UNLIMITED LEVELS. You must pay close attention to any ‘gottchas’ because some companies will put in certain twists that can make it difficult to earn the bonus or worse disqualify you. Look for a clean plan.
- Let’s take an average of 5%
- Total business volume of $9.7 Million x 5% = $485,000
Visualize what it would be like to earn that!
NOW those numbers are numbers in a perfect world — and wedon’t live in a perfect world. So we are going to assume a 90% failure rate.
That means we will have a team of 9,700 people x 100 BV for $970,000
$970,000 x 5% = $48,500 or $12,125 a week
emember, failure is part of our success. Timing is everything. Being in the right place at the right timeand taking action.
This is how Jimmy get’s people started . . .
- Be on Autoship
- Activate your business center by enrolling 1 on the left and 1 on the right so you can earn 6% on all the people on your team (all the people).
How long will it take you to reach this first step? 1 day . . .1 week . . . 1 month . . . or longer?
- You Duplicate . . . and teach the Consultant Triangle.
- As an example, here are my company’s numbers
Level 1 2 people
Level 2 4 people
Level 3 8 people
Level 4 16 people
Level 5 32 people
Level 6 64 people
Level 7 128 people
Level 8 256 people
Level 9 518 people
Level 10 1,024 people
Level 11 2,048 people
Level 12 4,096 people
This is known as 2 to the 12th powerfor a total of 8,190 people (other companies have a 2 Team approach also—so make your own sheet)
- 8,190 people x 100 BV = $819,000
- $819,000 x 6% (our company payout) = $49,140 month or $12,285
Could this happen to you? Of course . . . .will it bein 12 days, 12 weeks, 12 months or 12 years?
With $500,000 a year would it matter if it took 12 years?
So there you have the numbers!
You can have anything you want if you give up thebelief that you can’t have it.
Qualify people — if you are going to invest yourprecious time, make sure they are serious!
Write this out and say it to yourself:
- I am a professional networker
- I can enroll anyone
- I am the best networker
- I have a tremendous community
- I have a great opportunity
- I have great products.
Remember to be gentle with others and give, give, give.
Do something with this information . . . it can makea difference to you, your dreams, and your business!
Have the right Mind Set . . . It makes this journey so much more fun and even more logical (simple). Now, go make your sheet for YOUR COMPANY!