The following is a transcript of Market America President & CEO, JR Ridinger, presenting the UnFranchise Business Plan. *The income levels mentioned in the following presentation are for illustration purposes only. They are not intended to represent the income of a typical Market America Distributor, nor are they intended to represent that any given Distributor will earn income in that amount. The success of any Market America Distributor will depend upon the amount of hard work, talent and dedication he or she devotes to building his or her Market America business. You know, my favorite saying is in order to be successful you have to find a trend — a paradigm-shifting trend and position yourself to lead the parade rather than to get in at the tail end of the parade; and you know, I’ve been at the tail end of a lot of parades! What about you? We’ve all been, haven’t we? You ever get caught at the tail end of a parade; you get in too late? Well, today we’re going to show you a revolutionary concept where you can beat the system and be ahead of the parade. You’re definitely leading the parade with Market America; isn’t that true? You don’t need to understand and remember everything today, so don’t worry about getting every detail. I just want you to relax and enjoy it. You know, I know everybody’s always looking for guarantees; would you agree with that? Everybody’s looking for the shortcut, the guarantee or the sure deal. So I say I got three guarantees for you tonight. Number one, if you don’t look at anything, you’ll never find anything. So I want to congratulate you for looking. Secondly, if you don’t try anything, nothing’s ever going to change; you’ll stay right where you are. And finally, I guarantee you, if you can’t do this one, give up. You can’t do any of the rest. You can’t do real estate. You can’t do insurance. You can’t do a biz op. You can’t do a franchise, and God forbid, don’t do a brick and mortar, regular, traditional business. You’ll kill yourself. This is your best chance with the lowest risk to ever really make it, okay, and that concept’s called One-to-One Marketing. We’re going to change the way people shop. It’s a story of a company and an opportunity called Market America — a revolutionary new concept, so buckle your seatbelts. In the next 45 minutes I’m going to take you from zero to a six-figure ongoing income. I want to dispel a myth before we begin. You don’t have to be smart to make a lot of money. A lot of people think you have to be really smart. In fact, it’s been my experience that the smart people have the most difficulty making money because they spend all their time figuring out how everything won’t work. Have you ever met anybody like that? We all know a few, right? You’re going to have to see this thing three times before you really get it. You’ll get the gist today, but you’ll have to agree with me; if you’re interested, you have to see it two more times for the light bulbs to really go off. market america Now, what’s ongoing income? Ongoing income is the greatest thing in the world. It’s when you do something once, build something once, make something once, but you get paid over and over and over again once it’s built, made or developed, okay — and we are an 1 UnFranchise Business Plan Transcript ongoing income machine. Now, you’ll never be financially independent or free unless you get an ongoing income. The motto of our company is, “Built on product, powered by people.” It’s more than a motto; it’s what we’re about. It’s an incredible opportunity to be an entrepreneur. Have you ever thought about being an entrepreneur? Because that’s the highest career that one can have, and it gives them freedom. Well, ma’s mission addresses these problems and offers these types of solutions. Market America’s mission is to provide a system for entrepreneurs to create an ongoing income, while providing consumers worldwide with a better way to shop. Through revolutionary technology and the power of people, we’re creating the economy of the future. accumulated retail sales. Individuals have earned over $1.6 billion in commissions and retail profits. Through One-to-One Marketing, Market American combines the Internet with the power of people, creating the ultimate online destination. So when I talk about this definition of Market America — it’s a product broker and an Internet marketing company that specializes in One-to-One Marketing, people don’t understand it. So let me break it down for you. We’re a product brokerage company because we don’t make a thing. We’re kind of like QVC or Home Shopping Network. They don’t manufacture anything — what they do is they have thousands of products presented to them, and they find market-driven products, and they don’t go through stores; they go directly to the consumer, and they explain them to people. We do exactly the same thing. We have thousands of products come to us. We don’t make a thing. We choose the very, very best market-driven products that people want so that you don’t have to sell them. We put them on the Internet, and we have an UnFranchise Owner assist in explaining them to the individual, and it works better than TV. So what is this thing, Market America? Market America is a product brokerage and Internet marketing company that specializes in Oneto-One Marketing. Do you understand that? Now, I know you guys do, but the new person looks up at me with a blank stare. I say, you know, most people, you know, give me a blank stare. Most people have never heard of it, but that’s a good thing. It’s good because it’s like being with McDonald’s in 1950 when nobody heard about it. It’s like being with Microsoft in 1978 or Wal-Mart in 1980 or Google in 1995. Timing’s everything, and opportunity is now. You’re at the right place at the right time. We’re an Internet marketing company because we have the ultimate online destination and shopping site. We have a Portal where you have everything that you would want at one URL, and every UnFranchise Owner has a storefront that’s basically their Portal. Rather than having a store, a brick and mortar store, they have a website which is a Portal that we built for them. It’s kind of like Amazon. You’re going to have a shopping experience. We provide a shopping experience with Market America brands and revolutionary scientific breakthroughs; these products aren’t found in stores. Then we have 35 million name brand products, okay; everything that you ever heard of, kind of like Amazon, but it’s better than Amazon because we have people power. Market America was founded in 1992 as a product brokerage and Internet marketing company specializing in One-to-One Marketing. We’re financially strong, have experienced leadership, a proven record of success, and we’re positioned for explosive growth. The company employs over 500 people globally with international operations in the United States, Australia, Hong Kong and Taiwan. With more than 3 million customers and 165,000 Customer Managers and UnFranchise Owners worldwide, Market America has generated over $2.5 billion in market america 2 UnFranchise Business Plan Transcript Now, we specialize in One-to-One Marketing. What is that? Well, we combine the Internet and digital marketing with the power of people to match product to people and people to product. Let me give you the definition of digital marketing. It’s the process where we match products to people’s profiles, and in turn, people to the product that they’re shopping for based on digital correlations in a database. It’s almost invisible. We customize the display, the presentation, the medium based on the customer. We may send it to handheld. We may put it on their computer. We may tell it to them personally. We match products to people and people to products. dream, and they work for 45 years in hopes of achieving it and hoping to be able to retire. Yet, statistically, out of every hundred people who reach the age of 65 who have worked for 45 years, one becomes wealthy, and most of them inherited it, so you can’t really count them. Four percent are financially fit. That means they can stop work and continue living the way they did while they were working. Five are still working, okay, probably because they have to. Twenty-eight are dead, probably because they worked themselves to death, right? And the remaining 62 are flat broke. They don’t have enough income to get by at the end of the month. Now, people hate to be sold and love to buy; isn’t that true? Now, think about the last time you went into a store, and a salesman came up and asked, “Can I help you?” What do you say? “Oh, yes, sell me something.” No, you say, “Just looking. I’m just here waiting for my wife. Just browsing.” Okay. Now, think about the other part of that story — that line. People hate to be sold, but they love to buy. When you want something, you can’t wait to find it. You can’t wait to go on the Internet or see a catalog or go to a store and shop for it and get it and have it delivered. So we simply concentrate on what people want to buy. We find out what they want to buy, and we find it for them, and that way we never have to sell. How many people understand that? So we have a brandnew revolutionary industry setting a standard by which other businesses will be measured. It’s built on product, powered by people. Now, what happens with most people is they get a job, and they have high hopes, and they think that the job is going to give them what they want in life. So they go back and forth to work. Before you know it, they don’t even need another tread mark from the day before — I mean, they can follow the tread marks from the day before. They don’t even know their way to work; they just go. They’re answering bells, and you know, pretty soon those dreams start to fade. They get blamed for everything that goes wrong, credit for nothing that goes right, and pretty soon they realize that it’s really not going to happen, okay, and at the end of the journey, 5 percent have made it and 95 percent don’t. In the greatest land in the world, the land of great opportunity, the land that foreigners come to stake their claim, yet after 45 years in the American work system, 5 percent have made it, and 95 percent don’t. So why are people attracted to this? Why do people want to become involved? What sets us apart from other things? What makes us different? Well, most people want the American dream; would you agree with that? The person who tells you no will lie to you about other things, won’t they? Well, let me give you an amazing fact. Most people want a better life. Most people start out in their 20s working for a better life or the American And I’ll tell you what’s even more confusing; nobody ever stops to ask why. Throughout their whole life, they don’t stop to ask why. I’m going to give you the answer right now. Here’s why it happens. Now listen to this. Ninety-five percent of the people spend 45 years of their life working to make the other 5 percent make it because they’re working a plan for somebody else’s financial success rather than their own financial success. Now, market america 3 UnFranchise Business Plan Transcript most people don’t plan to be in the 95 percent, do they? Do you plan, when you start out on a job, to be in the 95 percent? Of course not, but by the time they realize it’s not going to happen on their job, they have a mortgage, they have a car payment, they got kids to feed, they got credit card bills. What are they going to do, quit their job and go out and buy a McDonald’s for a half million dollars? I mean, what are they going to do, start a business? It usually takes six figures, 500 grand to make 100 grand, and all you end up with anyway is an expensive job, and when you think about it, a job is really simply trading time for money. You have a fixed income, boredom, repetition and growth limitations. system that combines many marketing systems to facilitate the duplication of independent business success, and it combines the advantages of direct sales, franchising, home shopping, discount buying, Internet sales and commerce, and One-to-One Marketing. So what’s it like? People ask, “Well, what’s it like?” People like to relate something to what they’re already familiar with; would you agree with that? We always like to say, “Well, what’s it like? Is it like this, or is it like that?” Well, it’s really not like anything because it’s a revolutionary new concept, but if I was to compare it to anything, I think I would compare it to franchising because it has certain similarities of franchising, but it’s much better than a franchise. If you think about a franchise, how does it really work? Well, what you do is the average franchise costs $147,000 to get into. So you pay the franchisor $147,000 for the right and privilege to pay them 5 to 10 percent of your sales every month. Now, in case that went under your feet because I know it wouldn’t go over your head — if it went under your feet, let me say it again. You pay the franchisor $147,000 for the right and privilege to pay them 5 to 10 percent of your sales every month because that’s fundamentally how franchising works. So what are your options? Well, you could work more hours, you can get a second job, you can own your own business and lose your job security, you can get a franchise, you can invest money, you can hope to inherit it and go back to school, or go to medical school or something. What are you going to do, quit your job, go to eight years of medical school now all of a sudden? Oh, I know, you’re going to win the lottery, right? The bottom line is simply this — 95 percent of the people spend up to 45 years of their lives making the other 5 percent successful because they’re working a plan for somebody else’s financial success. Tonight we’re going to show you an alternative — the Market America Two- to Three-Year Plan, a plan for your own financial success. Now, why would somebody do that? Well, there is a reason. It’s because they give them a business plan and a proven system. The better the franchise, the better the plan and the better it works. A lot of them don’t work. And the probability of individual success goes way up rather than you trying to figure it out yourself. But at the end of the day, what the franchise is really doing is providing you training, visibility, a standardized system, uniformity, tools, and products and services at the lowest possible price. Now, we do exactly, exactly, exactly the same thing, but we don’t charge you $147,000. Instead of you paying us a royalty, we pay you an ongoing income on a weekly basis on the business that’s developed. So it’s much better than a franchise. So what’s this thing all about tonight that I’m going over with you? Is it about an incredible company pioneering a new industry with thousands of incredible success stories of UnFranchise Owners? Not really, it’s really about an alternative, a way out of that 45-year plan, a plan for your own financial success with Market America’s UnFranchise Business Development System whereby following our blueprint for success you can put yourself in that esteemed 5 percent over the next three years. It’s a perfected, standardized, uniform market america 4 UnFranchise Business Plan Transcript So like a franchise, there’s systemization, standardization, uniformity, state-of-theart management tools, merchandizing and marketing tools, growing visibility and standardized training. And your storefront is this Portal that we’re talking about. Unlike a franchise, there’s no franchise fees, no monthly royalties, no territorial restrictions. You start part time with flexible hours, minimal startup expense, plus potential tax advantages and little risk. An UnFranchise does One-to-One Marketing. We set up a One-to-One Marketing business on the Internet with a Portal. You know, at the turn of the century — I want you to think about this — every main street in every town in every city had Main Street with all the little shops. You had the apothecary, you know, the grocery store, the general store, the shoe shop, and all the proprietors knew every single customer by name. They knew their families. They knew their birth dates. They knew if they didn’t come in for a while. They knew if they were away. And when the customer wanted something, they always got it for them. If they couldn’t find it in the store, they’d go in the back and get it, or they would order it. That was One-to-One Marketing. not saying the same thing to everybody. We only want to talk to them about what they’re interested in. When we match products to people, and then once they have some products and we have a relationship, we find out what they’re shopping for, and we guide them on the Internet to get everything that they want. So we teach people how to merchandise and market. We teach you how to do that. We provide you with a customized Web Portal as an UnFranchise Owner, and it’s really your business. It’s your storefront. We teach you how to merchandise and market on the Internet. We provide you all the products. We do the shipping and the administration, and you become a Customer Manager. You’re the guide on the Internet for that customer, a personal shopper and a product broker — just like a real estate broker, insurance broker or a stock broker — and you promote the site and recruit customers, and customers lead to customers, and you handle the referrals. It’s kind of like when you go to a movie. You just picked one. You didn’t know what to go to, so you went to a movie, and you had a great experience, and while you were there it was really a lot of fun. But think about what happens when you leave. The best part of the experience is that you can’t wait to tell people about it. You spend more time telling people about it than the movie lasted. Now, they don’t act too impressed when you tell them, “Oh, okay,” but next time or next week when they want to go out to a movie, they remember what you told them, and they end up going to the same movie. They have the same great experience, but again, the best part of the experience isn’t while they’re in the movie theater. They can’t wait to go out and tell their friends at work and people at home. That process repeats itself over and over and over again. At the end of the month, 300 people went to that movie. The movie house made a lot of money, and you didn’t make a dime. Now, what is this all about? We Now, with computerization, today we can do the same thing. You know, what happened after that, you had chain stores? You had the super stores, and our identities kind of got lost. You became a number, mass marketing, pushing everything to the same people. Now, we have come full circle. With our program, we have a personal relationship, but we can aggregate millions of people and treat each one individually, but use those numbers to give them better deals, better products, better service and better prices. Does that sound like a smart idea? That’s what it is, and we use computers to do digital marketing where we build a profile on a customer without them even knowing it by what they buy, by what they tell us, by how they design their Portal, by what they order. And we can modify the presentation to each person’s interest, so we’re market america 5 UnFranchise Business Plan Transcript have a sophisticated software that tracks all those little threads of who told who, okay, and accumulate it and then pay you an ongoing income for having created all that business. It’s fundamentally what we do. Does that make sense to you? Makes a lot of sense. a referral system where unlimited people are going to get credit for referring business, and if we try to do it down one line, if you look at this — if I start it with Elizabeth and went all the way down to Tony, and I had $10 to pay out, I’d run out of money before I got to Tony. Does everybody see that? So two is the smallest multiplier in life, and it’s basically the law of the universe. Everything’s based on it. Everything from computerization to reality, you know, duality, you got two. So you have to have a multiplier in order to pay unlimited people. So the smallest multiplier is two, so we vertically pay down two lines, each one having one additional but getting credit for everything. It’s a work of genius. So we call this the Two- to Three-Year Plan for your financial success, because following our blueprint for success, if you do it the way we show you, within three years you can have a very substantial income. So there’s two ways to earn money. We began by identifying 10-15 Preferred Customers. What we do is we identify a need, a problem or a want, something that they will benefit from, and we share it with them. We don’t try to sell them something that they don’t need or want. If you use a product and share your experience, you’ll be like your own Home Shopping Network, just telling people about something that you had a great experience with. We also have videos that demonstrate it on the Portal. You can just put them on the Portal, and you can see a nice commercial or demonstration, and if they are shopping now for something, you show them a better way of getting it, how they can compare everything out in the marketplace instead of having to go to 20 stores and simply have it shipped to them. Now, often customers become interested. Fifty percent of our UnFranchise Owners were customers first, and they led to other people. So the process is almost automatic. What we’re doing is leveraging time. We’re duplicating our efforts. We develop and manage only two sales and distribution organizations, and that’ll start producing from the sales ongoing checks each week, $300 to $3,600 in ongoing income. It builds up over a period of time. Maybe over the first couple of months you’re going to start to see $100 to $300 in retail profits. By the end of those couple of months, you start seeing a $300 check. After 90 days of following the blueprint for success, many people are earning $300 to $1,500 per month, if they do it our way. Now, if they go out and do it some other way, it may take longer. Now, after 10 customers are registered, you’re going to get cyberspace customers too from people searching on the Internet. We do search engine optimization, and we have a lot of traffic coming to the site. So you’re going to earn 30 to 1,000 percent gross retail profit on all these orders that come in, and that’s cash right in your pocket. Now customers end up referring customers, and we need to expand distribution and customer support because we’re getting more and more customers, so we need other people to help handle it. So we’d end up with two others who want the Two- to Three-Year Plan. Ongoing income sneaks up month by month, and there’s a compounding effect. Because it’s vertical everything — nobody’s going into competition with you. It’s all being built down those two lines. There’s a compounding effect until it builds to $2,100 to $3,600 a week. You’ll get those checks maybe once a month in the beginning. Then they’ll start two times a month, then three times a month, until you’re getting it every week. Now, that’s $187,000 per year, and if you stop or take a rest, it keeps Now, why two? I didn’t say six or twenty or thirty. It’s because in this system it’s basically market america 6 UnFranchise Business Plan Transcript coming in because it’s an ongoing income. Now, I always have somebody that says, “Well, that’s not that much.” I guess you’re making that, right? That’s not that much. Okay, fine. It’s not that much in this day and age maybe, okay, but if that’s not enough we can then open a second UnFranchise, and a second UnFranchise will double your income, and then we can open up a third one, and it can triple your income, so on and so forth, up to millions of dollars. one product or service. Market America’s Mall Without Walls has 2,500 exclusive products and services, and you have access to multibillion-dollar markets such as health and nutrition. All these are billion-dollar industries — anti-aging, cosmetics, personal care, weight management, home and garden, pet care, telecommunications, Internet, and auto care. You can choose any one of them or all of them. You have access to all so that you can provide customers anything that they want. But if you don’t mind, I’m just going to start out with one so you can understand it; is that okay? We have people that are earning millions, but we have thousands that are earning extra income and thousands of dollars per month, which makes a big, big difference. Which would you prefer then? We all know the 45-year plan. Would you prefer the 45-year plan? You know, everyone already has a 45-year plan, right? So they should know what that is; you know how that works. But if you had your druthers, if you had a choice between the Two- to Three-Year Plan or the 45-year plan, which would you prefer? They’d choose the Two- to Three-Year Plan. I don’t want to do to you what’s been done to me many times, Frank, and that’s to have to sit through something that I’m not interested in. So do you want me to show you how we develop an UnFranchise Business and make this happen and make the Two- to Three-Year Plan happen; I asked him? These are market-driven products. What do I mean by market-driven? Market-driven means people are already buying them; they’re driven by the marketplace. People are looking for them so you don’t have to sell. You simply share the store that you specialize in with people, tell them the story, and they’re going to be interested. So why is this stuff not in stores? Well, first of all, we have exclusive formulas. We have scientific breakthrough products, okay, and we want to protect our UFOs, or UnFranchise Owners’ interests. We want them to be the exclusive outlet, not stores. We don’t have any house accounts. We don’t want to compete for shelf space. We don’t want to play the massmarketing game where we have to do certain things in order to get in there and compromise ourselves. We don’t want to spend millions or hundreds of millions on advertising and inventory. We want to give a better product for a better price and get at the market quickly. So that’s why we don’t do it in stores; does that make sense? Our UFOs are our stores. Our Portal’s our store. Okay. Well, it all begins with Market America as a product brokerage company. As a product brokerage company, we identify the latest market-driven products. We eliminate the burden of manufacturing because we don’t want to be stuck in a line, especially if, say, it was typewriters. Who would’ve ever thought typewriters would disappear? If it were cassette tapes, who would ever think they would disappear? We want to be going with the market. So we move with the marketplace. It doesn’t rely solely on the sales of any market america And we’re also able to do surveys where the product is actually sold before it arrives. We can do a survey of our customer base of 3 million. We see there are 300,000 people that want VoIP. Now we know that we can offer voice over Internet protocol. We know that we need to go out and make the deal, but before we even make the deal, we know exactly who 7 UnFranchise Business Plan Transcript it was that wanted it so we can go back to them. The product is already sold before we come out with it; now that’s smart. So Market America’s an Internet marketing company. The Portal combined with Market America’s people power provides the most efficient and friendliest experience found anywhere on the Internet, and a UFO, really, in this model serves as a personal shopper, product broker or guide on the Portal or Internet. Imagine going on the Internet and having a personal shopper who knows where everything is that can help you with everything. transparently pick products for them? So it’s the ultimate online destination. What you need to do when you get in the business is make it your home page, and get your Preferred Customers to do the same because of the convenience. Once they experience it, they’ll want to stay on it. So our Web Portal provides unlimited shopping with 35 million units, 2,500 exclusive ma brands and products, a customer rewards program where you can earn free products, e-mail blogs, video, maTV, news, weather, sports, entertainment, social networking, custom nutritional services, travel, gift cards and certificates, 2,500 Partner Stores which gives you 35 million products, and it will grow soon to 50 million. We’re bigger and better than Amazon. We’re Amazon on steroids, okay, and we allow you to compare across every brand, store, color, design of product — all to see which is the best one. Isn’t that the big problem with the Internet today? People don’t know where to go. They have doubts. They’re a little fearful. They can’t get any help. They don’t know where to find things. You walk them through it, so no one else has this in the world. Revolutionary products, breakthrough products and 35 million SKUs of branded products, anything that you can think of, plus people power with an UnFranchise Owner to guide them, and the ultimate Internet destination with addictive functionality. I mean this thing will get you more addicted than a BlackBerry when it becomes a CrackBerry. It’s the ultimate online destination, everything at one URL. You don’t have to surf anymore. We bring it all in. Whatever you want in news, sports, whatever, the ultimate shopping experience, an addictive shopping experience. Well, approximately every 10-20 years, a new marketing system emerges as a better way of distributing products to the consumer. You remember in the ‘30s, you had direct selling emerge — the Avons, the Tupperwares, the Fuller Brushes of the world. And then you had franchising that started in the ‘40s, network marketing in the ‘50s, catalogs in the ‘60s, direct mail in the ‘70s, infomercials in the ‘80s, Internet and ecommerce in the ‘90s, and it’s still continuing on into the 2000s, but One-toOne Marketing is the wave of the future and we are leading that parade, folks. One-to-One Marketing is creating the economy of the future, using our collective buying power to make better deals and serve customers better. It’s a new paradigm. Your Portal’s customized, everything you could want — news, weather, sports, special interests, magazines, papers, digital magazines — you’ll see it today. When you click on an ad, it goes right to the Portal on the landing page so that they can actually order it. ma world with a digital dashboard for ordering music, entertainment, games, content about artists, movies, chatterboxes, social networks. We actually get paid for being online, and all of this process defines the customer. Can you see when somebody’s using this that they’re telling us everything about them so that we can market america People hate to be sold, but they love to buy, so we find out what they want to buy. We’re building share of customer providing a greater variety of products to the small portfolio of customers. We match people to products, in other words, finding something that they 8 UnFranchise Business Plan Transcript need and matching the product to them. And then products to people, once we see what they’re shopping for we help them find it. High tech and high touch, we’re the epitome of it. We’re giving customers exactly what they want. Market America will be to One-to-One Marketing what McDonald’s is to franchising and Microsoft is to computerization. We are the Google of merchandising. Plan, and get the ongoing income. They can set up other UFOs and accumulate BV and IBV to earn ongoing checks. They have to get a subscription kit, and the reason they have to do that is you’re going to be managing other UFOs, and you don’t want to mess their businesses up. You need to know what’s going on because you’re responsible to manage others. So there’s a Career Manual, which is like a franchise manual. It’s over 300 pages. It tells you everything you need to know from A to Z about the business. This allows us to track group sales within your two sales and distribution organizations in order to pay you ongoing checks. Now there’s never been a better time to be in business for yourself. Here’s how it works — if you want to be a UFO, we do everything that I’m about to show you, with you. So let me show you there are five steps to setting up an UnFranchise or building an UnFranchise. First we apply to start one. Then we create BV. Then we qualify, and then we activate, and then we teach, manage and support others. Let’s see what each one of those means. Now, a UFO — I keep using that term. What is a UFO? It’s a trained Distributor who has completed a trial run, and is equipped with the tools of the trade and committed to basic weekly result-producing activities. They’re on a program, which is a shortcut to success, and it takes about eight to fifteen hours per week to be a UFO, and if you really want to make this thing work, that’s what I recommend. When we say apply, you can put an Independent Distributor Application and Agreement to get in the game. You want to get in the game, you want to start making money and benefiting from this, so you fill out an application agreement that spells out what we do for you and our obligations to each other. It also says that once we set up your UnFranchise and train you, you won’t go into competition or take our trade secrets, just like McDonald’s or Wendy’s, and that protects everybody. So you should review the policies and procedures. Here’s what is in the Subscription Kit that a Distributor or a UFO gets. They get a custom Web Portal. Now, don’t take that lightly. That’s like having your own Amazon. It would cost hundreds of millions of dollars for you to build one of these things on your own and to have all these products available. We’re putting that into your business. It’s incredible. It’s not about the money. You get an online UnFranchise Business Account — like having a back office where everything that you need to do, everything you need to order, everything that you need to watch, everything that you want to know is at your fingertips. You get a Getting Started Guide, Getting Started audios, a Powerline magazine which is a monthly magazine that gives you all the updates, tells you what’s hot, who’s growing, new products, keeps you up to date…and then you have a training and seminar system with thousands of meetings all across the country so you can So when you apply, there’s two ways to go. You can be a sales rep or an UnFranchise Owner. A sales rep has no cost. It costs absolutely nothing to get in. They can buy the product at Distributor Cost and earn gross retail profits. The UnFranchise Owner has a subscription fee, and they buy product at Distributor Cost, and they earn gross retail profit, and they’re able to return ongoing checks when setting up other UnFranchises. So what’s the difference? A Distributor or a UFO can participate in the Management Performance Compensation market america 9 UnFranchise Business Plan Transcript expand your business. So if you have to leave your own town, there’s a support system there. If you go away, it’ll keep your business going. Now, we start with BV. BV is around $0.85 on a dollar. A $10 item would be, like, $8.50 BV, and there’s retail profit on it. So we basically start there because it pays your way. It gets you in the black the first month, okay, and it creates economic threads between people because now if you’re getting paid, and your people are getting paid, or they’re getting credit, and they’re close to getting paid, it keeps them together. Then IBV happens simultaneously. Now that there’s economic threads, everyone’s on the Portal. There are the Partner Stores and shopping for any name brand, anything that they’re already buying, instead of buying it from the store, buy it on the Portal. But most important, we have a UFO partner team, and I’m going to be part of that team working with you. I’m your coach and guide. We do it with you, and I know what I’m doing. We have an economic interest in your success, so it’s important to us that you’re coachable and that you’ll do it our way, or it’s not worth doing. We don’t want UnFranchise Owners not succeeding so you have to do it our way. So, you’re in business for yourself but not by yourself. Now, what’s this IBV and BV stuff? What’s BV and IBV? Well, it’s called Business Volume (BV) and Incentive Business Volume (IBV). Basically, Business Volume, BV, is the unit value or points assigned to exclusive mabranded products. Incentive Business Volume, IBV, is the unit value or points assigned to any of our Partner Store brands — anything on the Internet, basically, except the Mall Without Walls. BV and IBV are used to calculate commissions. So why do we have it? Let me give you the short answer. In order to pay you ongoing income is why we have it. In order to be able to measure and count everything that everybody buys that you lead to in order to be able to pay you ongoing income. You’re going to become enamored by BV and IBV. So how does this all happen? First you use a product. Remember you’re getting BV, and now you’ve had a good experience with a product, and you share it with somebody else when you identify products that people want, need or would benefit from. Don’t try to bring them something that they have no need for. Match the product with the people. Now, the biggest way we move product is a very simple concept called — listen to this. This is bigger than Madison Avenue. It’s called, “What’s that?” More product is sold from what’s that than any other marketing program that I’ve ever seen, and what they do is they see you — they’re over at your house, and they see you at the kitchen counter, and you take out this purple bottle, and you have this little glass, and you throw some capfuls in it, and it effervesces like Alka-Seltzer, and you slam it down like shot of red eye, and they go — what do they go, “What’s that?” “Oh, man, you won’t believe this stuff. Man, I used to run all the time. I hurt my leg and couldn’t run. Now I can run again. I don’t know what’s in it, but it sure works.” “Well, where can I get some of that stuff?” “Oh, I just might be able to help you out. I have an UnFranchise…” And that’s how it happens, and then they lead to people, and they lead to people. So it’s bigger than Madison Avenue, “What’s that?” Now, why do we have to have it? Because we have so many different product markets, so many different products, they have different margins, and instead of paying you separately with every supplier, we want to combine it or compound it all into one pay plan to increase your earnings and your chance of earning more money. So it’s kind of like being a manufacturer’s rep but combining all the different manufacturers you represent into one program, and that’s pretty phenomenal because it’s going to give you the ability to earn more money. market america 10 UnFranchise Business Plan Transcript My point is this — if you use and experience products and have them, people will ask you, “What’s that?” So in doing this we’re building 10-15 Preferred Customers. BV is created when you or a customer places an order for a product from the Mall Without Walls, and we’re going to train you on methods and techniques to market and sell and get customers on your Portal. We can also do surveys. We survey people, and we find what people want. Then we go find the product and bring it back to them, and the question is this — how many things can I provide each customer? Instead of finding new customers, we want to take existing customers and find more things that they need and they want. We can virtually supply somebody with everything that they need and want, okay, and it’s a smarter way of doing things. go to the — you don’t see Sam Walton going to K-Mart when he was alive, right? So does that make sense to everybody? So we’re building share of customer. We start out with people that you know finding a product that they would really benefit from and letting them try it or show it to them, and as that happens, once you are servicing customers, we have a program with your Portal that will be pushing cyberspace customers to you for you to handle. So BV is accruing, and retail profit is going into your pocket every time there’s a sale. We find out what they want or need. We have something for everyone. Sometimes people are shopping, and you can say, “Hey, let me help you out.” You turn on the Portal, and you show them how to find it. Then the relationship starts to develop. Then you find a BV product for them. They started with an IBV product on the Portal, but then you find a BV product for them. So we’re building share of customers, 10-15 customers shopping regularly. We offer existing customers more products and services through the Mall Without Walls and the Web Portal, and we match products to people and then people to products. Once we have them on a BV product, we find what they’re shopping for and help them out. We can also use digital marketing and transparent profiles to help identify what they could want. Digital marketing is simply if somebody is ordering and defining themselves, we record it, and we find a correlation between a product and what they’re all about — what that person’s all about, and we match them up. So we’ll constantly be matching products to your customers for you to increase that share of customer. So here’s the ways to create BV and IBV — remember they’re both happening at the same time — personal use, retail sales, merchandising systems, using the search engines and whatnot on the Web Portal, catalogs, product cards, transfer buying. And then there’s the ma Rewards program, which allows a customer to get paid for shopping. Don’t people love free products? They love those offers. So we could also do suggestive selling. Every time somebody buys something, we have a database of everybody else who bought that, what else they like, and we suggest it to them, and so customers end up leading to customers because they’re having a good experience. They give you referrals. That’s more money and more BV. IBV and BV are accumulating at the same time. You’ve already developed Distributors and customers. Now the customers are using the Web Portal. All your partner UFOs should make it their home page instead of shopping in stores Once somebody likes a product, and once you’re in, you should be on transfer buying because it automatically takes care of some little requirements that you have to keep earning. Makes it a no-brainer, but you know, if you ought not — transfer buying sends a product to you automatically that you’re using every month so you don’t run out of it. When we do transfer of buying, you’re actually saving money because you’re getting the product at wholesale rather than retail. So why market america 11 UnFranchise Business Plan Transcript because we’re banding together and combining our economic buying power for us to make the money rather than Target. Does this make sense to you? So, an example — I get Keith in. This month he does 200, and I get Elizabeth in; she does 200, or I get Bruce in, and he does 200. Elizabeth’s not here right now. And I didn’t do 200 this week. So when the computer searches and sees I didn’t do 200, I still have credit for them but not their volume, and next week I wake up and say, “Whoa, man, they got two more people and each are doing 200 each. I’m going to get my 200 done this week so that I’m qualified to receive credit for that 600 and that 600” — 200, 200 and 200, right — 600. Does that make sense? So it’s important to do it as soon as possible. Then you only have to do it once and remain active which means you do $150 in volume every 90 days or so, and you will continue accruing volume for a whole year to get paid. We provide an endless shopping experience through the Web Portals. You should make it your homepage. They make it their homepage. They love the experience. It’s addictive. We push hot deals to people. Now, think about this; in this economy people are concerned about prices. We aggregate all the hot deals on the Internet. Have you ever heard of a free shipping deal or a two-for-one or a deep discount? We push them all to the customer. We provide customized products that they’re going to order every month because once you customize a product for somebody, they don’t want to get off of it. We have a program from advertising where customers are going to get paid to shop and get ma dollars to continue shopping with your Portal and with Market America. It’s going to be incredible. It’s going to rock the Internet world. The next step is to activate. We now have more customers than we can handle. We’re going to expand distribution. We personally sponsor and place two qualified Distributors in your left and right organization. So it looks something like this. Select two people that want to make money, and once you’re activated, you become eligible to actually get checks. Once you qualify, you’re eligible to accrue and collect the volume towards checks. Now why do we do two? I already explained it, right? It’s the smallest multiplier for a vertical marketing system where everybody gets credit. And there’s two others out there, probably, that want the Two- to Three-Year Plan. Can you think of anybody else that would like to make $187,000 per year? You become a partner with them, and you need them to help manage the customers. So we want to select good people and then we teach others how to do the same thing. Those two people, we teach them how to apply, create, qualify and activate — and we teach each person how to be a teacher. So everything we just discussed is tracked and credited in your BDC, in your Business Development Center. The computer is tracking it all. All of this stuff I just talked about — Mr. Prospect, do you understand this — is being tracked in your BDC for you to qualify. All products ordered through the BDC accumulate so that you qualify with 200 BV in your Business Development Center. So you do it one time, and why do we do it with BV instead of IBV? Well, we do it with BV because it’s higher, and it’s quicker to qualify, and you get paid quicker the first time, and once people get paid, there’s economic threads, and they’re going to stay. So that’s the economic glue that holds the bricks together. So you accumulate 200 BV. You qualify. Once your Business Development Center has been qualified, you begin accruing Business Volume on other people. The sooner you qualify, the sooner you can be on your way to earning checks. market america Now, I personally sponsor more than two people — more than one in each one of those vertical lines. Why? It’s just like a football team. I want more than one quarterback. If I 12 UnFranchise Business Plan Transcript have a baseball team, I want more than one pitcher. If I have a good pitching roster, I’m going to probably win the games, right? So I want backups. I want to be better. So I don’t wait just on one. I put an extra one in, and one benefits from the other, and it gets them excited, and now they have some synergy and some teamwork. It accelerates the process. You know, if you think about McDonald’s, it’s not what one McDonald’s can do that makes them a successful enterprise; it’s what thousands of McDonald’s can do collectively that makes it a successful enterprise. It’s the multiplier effect. It’s duplication. James Paul Getty said, “I’d rather have 1 percent of what 100 people do than 100 percent of what I do myself.” And it’s simply using that multiplication or duplication principle. was an open spot, they would put him down under Frank, but everybody got credit for that, and it helped everyone; does that make sense to everyone? Now, we’re simply duplicating by now teaching people how to teach, how to teach people how to apply, create, qualify and aggravate. It’s all about teamwork. We develop little teams. You don’t have to do it alone, so it’s not just you but many. Everybody’s using the product, transfer of buying, 10-15 Preferred Customers, new people are qualifying, there’s repeat orders and referrals, and you’re getting business coming to your Portal from cyberspace, from all the programs and traffic that we’re driving. So now the computer searches to infinity down each vertical line to add up all the volume that’s being accrued, and BV and IBV grow exponentially. So people lead to people, and it doesn’t matter how it unfolds. You can’t stop it from happening though. So I tell them right there; you should be thinking of some people right now. If you’re the right type of person for this, your mind’s going. I know mine was. I was thinking of the type of people that might be right for this. So people lead to more people because anybody that becomes involved is going to have people say three things to them, even if they don’t think of somebody. Social networking or virtual communities are proof of this. We have one that’s monetizing; you actually make money for being involved in. You know, it’s like the movie example I used earlier. People lead to people. We’re able to track that. So it doesn’t matter how this whole thing unfolds, how fast people go, or how slow people go. It doesn’t adversely affect anyone if somebody gets in under you that goes slower and then somebody under them that goes faster and gives more. It doesn’t hurt anybody, and nobody loses anything. Now, remember there’s two banks in each BDC that the computer is tracking. It’s tracking BV into one and IBV into the other. They’re accumulating separately but simultaneously. Do you understand that; both simultaneously but BV in one and IBV in the other? The computer searches to infinity. It looks for BV and IBV in every center in every store. It accumulates the volume into two banks for your BDC, and every UFO partner in your organization has the same thing going on, and there’s just two vertical lines of distribution. We never expand horizontally. Let me touch on that for a minute. Here’s what happens in business. I think this addresses a lot of issues. Traditional business utilizes a horizontal marketing model. Think about this. Real estate companies, insurance companies, chain stores, franchises, direct-sales things like Amway or things like IBM with sales territories — let’s take a look at what they do. They have to have multiple units horizontally in order to be profitable, and nobody gets credit for the other person, and they spread themselves thin, and it’s a self-defeating process. It’s very, very difficult to make it work. It’s inherent with all types of problems. Now, additional people that come in get placed in an open slot below, and everyone gets credit in a vertical marketing system. So if one of the people above brought in Ron, and there market america 13 UnFranchise Business Plan Transcript Everybody is in competition. There’s no synergy. It’s a dog-eat-dog world. You’re spread thin. There’s diffusion. There’s no cooperation. You ever work in a real estate office and see how people steal each other’s prospects and fight over the commissions? I mean, it’s like drama. program ever created because we have devised a sophisticated tracking method, more complicated than going to the moon, that tracks what each person does vertically, and we put them in vertical synergy with each other and everybody gets credit for every sale. So if somebody 10 down sells 100, everybody gets credit for it. It’s kind of like a real estate agent selling a house, and everybody getting credit for it, and this person here or this person here can make more money than that person there, but it doesn’t hurt that person. Now, that’s brilliant, and whatever that person does everybody gets credit for all the way up creating a synergy and a common economic purpose that’s never been seen before. Now, and the same thing in MLMs, they have to multiply the horizontal factor on every level making it even more difficult. So a real estate company has to have many real estate brokers, doesn’t it, and each broker then horizontally has to have many agents all competing. If somebody sells something, the other ones don’t get any credit for it and they hate them. Insurance companies, same thing. The big insurance company has to have insurance brokers. Then under them they have insurance sales people, and it usually stops on that level. Chain stores, they have to have many different locations, different hardware stores or different pharmacies, and they’re all in competition with each other. They kind of eat into each other’s business. What’s this for? I have this up here for a reason. I want you to read it, please. I don’t want to hide it; I’ll tell you why. It’s there so no one can claim that we misrepresented anything or misled you. There is no guarantee or promise in this program except the one you make. Only you can guarantee that this works. Now, it amazes me how someone proclaims their whole life if only they had a chance, if only I had a chance, if only I could find an opportunity that was right and revolutionary, then it stares them square in the eyes, and they’re full of excuses and just won’t make the commitment. Well, for once in their life, it’s not dependent on the size of their bankroll, connections or education. So take that one out of your excuse pile, friends. A franchise, you have a master franchise and a local franchisee. They allow somebody to have more than one franchise or to set up franchises, but they have to have more franchises, so it’s the same horizontal process. Something in direct sales is even worse because a company has to have so many distributors, horizontally. Then each one of them has to have the same horizontal growth over and over and over again, and what they do is they multiply the horizontal problem. Sales like IBM or some Fortune 500 company with sales territories — you have the regional sales manager, and then they have the local sales territories. They have to have several of them, and then the new salespeople that they bring in and train under them, they’re all in competition with each other. If you can’t do this one, I assure you that you can’t do real estate, insurance, biz ops, MLM, and God forbid, don’t do a traditional brick and mortar business. You’ll kill yourself. I mean, they’re much harder. They require more money, more people and more volume, and excuse me for getting riled up about this, but it just riles me up that people want to get ahead, and then when they’re given the chance to do it they don’t do anything, and that’s why that’s there. So now that I said that, I can tell you how we make money. Now, Market America has solved this problem. We have the most revolutionary marketing market america 14 UnFranchise Business Plan Transcript have to start over, and that’s why people get discouraged. But there’s a compounding or multiplying effect on a vertical program. You see, nobody’s going in horizontal competition with you. So everybody’s building with you or under you, and they only have one other leg. So they’re going to be spending a lot of attention helping you solidify that leg. It began with you and two, right? You got two, but now you’re getting momentum. How many people do you have now? About 14 or 8 or whatever there, so there’s a compounding effect. How commissions are earned; BV and IBV commissions are paid weekly. The computer searches infinitely down those vertical lines. It does it on each line on a weekly cycle. It accumulates all the BV and IBV for every center, and it looks for thresholds. If you hit the threshold, it pays you an ongoing check. Then, it searches for the next threshold to see if you hit two of them, and if you hit it, it doubles the check. So if you reach multiple thresholds, you get paid for all of them. So seeing how this works, the computer searches down every line. It finds a volume, and vertically everybody gets credit for it. When it finds 1,200 and 1,200 in each leg, you get a check for $300, the smallest check we pay. Remember, you’re already making hundreds of dollars in retail profit. So what happens is when you do 1,200 more volume — because it’s not just you doing it; there’s other people doing it with you, and everybody gets credit for the volume — you’re at 2,400 and 2,400, so you get another $300 check. If you hit them both, you get $600. And then when there’s 1,200 more, yeah, you’re going to get $900. Finally, when you get 1,400 more to 5,000 and 5,000, you get $600 more or $1,500 total. So if you fall short in one week, one commission cycle, let’s suppose you only get to 800, not 1,200. Well, in any other system, you lose the volume if you don’t make the threshold, and somebody at the top makes all the money. Real encouraging, right? But here it’s stored in the bank for you until the next week, the next commission cycle, and so on and so forth, week after week until you do hit it. So it’s not a matter of if you’re going to get paid; it’s just a matter of when you’re going to get paid. The only way you won’t get paid is to stop; does that make sense? So it accrues for up to one year as long as you remain active. To remain active you only have to have $150 worth of action over 90 days. You know, there’s specific little things in the career manual that will teach you, but we’re going to set you up so there’s no way that it can’t happen because we’re going to make it happen automatically through transfer of buying. Now, I want you to think about this process and this diagram for a minute. What actually happens is at the same time you’re getting that BV climb, the second bank is climbing too. They climb at the same time. It might be just a little bit behind the first bank. So if you start people out with the Portal and IBV at the same time that they’re getting the BV, the BV creates the economic threads, but the IBV is coming right up behind it, and when it hits 5,000 and 5,000, you have another $1,500 for $3,000 total coming in. Now, these things can happen in different weeks, but it doesn’t matter. You might get one IBV check in one week and a BV check in another week. It doesn’t matter. They accumulate separately, but it doesn’t affect each other. One doesn’t affect the other. Eventually the compounding effect of vertical marketing will cause them both to hit weekly, so you’re getting $1,500 and $1,500. It’s inevitable if you stay with it long enough. Okay, so at any rate, what if you’re at 1,600 on one side and 1,200 on the other, what happens to the extra 400? Well, it goes to the next week toward the next bracket. Now, in other programs you lose the volume and you market america 15 UnFranchise Business Plan Transcript So each UFO’s sales times how many UFOs you have is the volume accumulation. Now, remember, everyone has a working Portal. Everyone has repeat customers. Everyone is expanding share of customer, and we have One-to-One Marketing finding other things that they want to buy from you. People in the previous month — now think about this — the people that you got in the first month are going to do a little more in the second month, aren’t they, because they have more customers. They’re buying more. There’s processes going on. on that side, and you’re doing 5,000, doesn’t somebody here have to be about halfway; doesn’t the logic follow that? In fact, if you’re earning $1,500 from 5,000 and 5,000, some of them are probably earning $300, $600 or $900 as a result of that volume. Does everybody understand that? So they’re halfway there. It might be this person, or it might be this person, or it could be that person. It’s going to be pretty soon before they hit $1,500. So when they get 5,000 and 5,000 they’re going to earn a $1,500 check. Now, let’s say Sue gets started and leads to Ann and Ben. Well, Sue goes on vacation, and when she comes back, she finds that Ben and Ann went berserk with it. They said, “Get out of my way; I’m going to tear this up.” And they ended up becoming Executive Coordinators before Sue. Well, they earn a $1,500 check. That counts for you, but it doesn’t hurt Sue because when she comes up, she has it half done. She just has to get busy on this side; does everybody see that? So nobody loses out. Plus if they just go out and get one more person — if you had 14 in this diagram, the next month there’d be 28 in — and the people from the first month are doing more than they were during the second month. So doesn’t it make sense that you would cycle through that, just common sense tells you twice rather than once. Well, by the third month, the people in the first two months are doing a little bit more volume from the customers that they’re getting in and the repeat sales and the add-on sales, and now you have 28 or 56 people in. So you probably would cycle three or four times a month, and this continues from the people in earlier doing more, and each time one or two is added, it’s easier and easier to hit those thresholds. So by the end of the fourth or fifth month, it’s likely that you’ll be cycling every single week, but the system works in such a way — in vertical marketing there’s a compounding effect that eventually every week you’ll be cycling with a $1,500 BV check and IBV check; does that make sense to you? So when one earns on the left side, and one earns on the right side, you’re going to get an additional $600 bonus each week — we call it a leadership bonus — because you’ve led to one person earning on the left side, and one person earning on the right side. It has to happen in the same week for you. If they’re both earning, you’re automatically at 5,000 and 5,000 earning the $1,500 by virtue of their volume. So that would add up to $2,100 in BV commissions and another $1,500 in IBV commissions eventually. So that’s $3,600 potential for that center. So you’re now earning $3,600 a week or $187,000 per year working in your underwear at home — not bad part time, right? Now, the next thing that happens is someone else becomes an Executive Coordinator. By the way, we call a person earning that $1,500 an Executive Coordinator. It’s the first management level in the system. Someone else becomes an Executive Coordinator and earns $1,500. Now, think about this. If onehalf of your volume is on this side, and you’re doing 5,000, and one-half of your volume’s market america Now, at that point you have maxed out. You have maxed out on your first UnFranchise, on one Business Development Center. You cannot make any more money on that one center. 16 UnFranchise Business Plan Transcript Someone says, “Aw, that’s not fair. It’s capped, why?” Well, you know, you max at $2,100 and $1,500 for a total of $3,600. Let me tell you about an experience I had in 1985. I thought I was the hottest thing that ever hit sales, and in 90 days I was in a marketing program and making $50,000 a month. Young guy, $50,000 a month, man, I was stylin’. And I thought it would last forever, and that I was so great until it disappeared 90 days later. It’s because you know that you don’t need the boss anymore. You’re just going in there for fun to irritate him, you know? You probably have 10-20 people waiting in line. They say, “Frank, how come you didn’t let me in that thing?” “Listen, I tried to talk to you about it a year ago, and you know, you said you were too busy or whatever.” “Aw, man, it’s not fair. I’ve been your friend my whole life.” “Well, look, I can’t open up another UnFranchise until next month. I got one about ready to be opened, and I got 10-20 people on the waiting list though, but I’ll tell you. You know, Bruce, I’ve known you my whole life, and I’ll do you the favor of giving you an interview and give you a shot at it, but I can’t promise you anything because I got 10 other people waiting in line.” It all fell apart. It was the greatest lesson I ever learned. You know why, even though I was making $50,000 a month, why it fell apart? Nobody else was making any money, see? Now, I’d much rather be in a program where I’m making $8,000 a month because I got two guys making $6,000 a month, and they got two making $4,000. They got two making $2,000, and they got two making — all the way down to that guy, and it lasts forever. So it lasts forever, and you can even pass it on to your grandkids or your children. So how do you earn more, if you’re capped; is that the end of this game, the end of this story? No. We do the same thing that you do in franchising. You can open another franchise. You can open additional Business Development Centers. So this becomes your 002, your number two franchise. That was your number one. You place it in an open position, and now we’re going to find two more people that we’re going to qualify or select to benefit from our help in the UnFranchise System, and we do the same thing that we did there again here, but we have all of these people in between that are going to benefit from it too, so they’re helping you. You have a team working with you, and what do you think happens when they get to 5,000 and 5,000? Well, you get another $1,500. And what happens when the IBV climbs to 5,000 and 5,000? You get another $1,500. And what happens when two people start earning? You get another $600 or $3,600 a week coming in. So you’re at a point now where you can get what we call a free Business Development Center or a re-entry. When you qualify at the Executive Coordinator level for $1,500, you get a re-entry certificate to open up another UnFranchise, but we don’t open it up in competition; we open it up vertically below your first BDC. Now, this is genius. When one franchise opens up another unit, tell me that new McDonald’s two minutes down the road doesn’t cut into the business of the first one, and then we open a third one; tell me that you’re not being spread thin. Here we open up a second one, and hey, if you were making $3,600 a week extra, do you think anybody might notice? Might they notice your new car, your vacation? And you’re just walking out to work. They understand why you’re so happy. market america Then I can go to the other side. I can repeat the whole process on the right side if I want. And I would probably put it on this side because I want to balance this out, and I’ll show you why in a minute. But now I probably have 40 people waiting in line. I pick the two best. You know, when you’re running a sports team, you don’t pick the first people to walk on the field. You have tryouts, right? I’m going to test them out, see who’s going to be the best. And so 17 UnFranchise Business Plan Transcript when I get to there on my 003, and that goes to 5,000 and 5,000 by working it just like I did here, that qualifies and I triple my income. So I doubled my income. I tripled my income, but watch this. The volume goes all the way up, and everybody gets credit for it. income because you’re going to help more people. You become a UFO right away, and you’re going to make a bigger commitment. So what happens is we give you your 002 and 003 in position from the beginning. You have to do it in the beginning because we couldn’t stick them back in the structure once it’s started. It’s all in the computer, and these clocks are ticking and accumulating volume for people. You can’t put someone in between. So, what do we do? We begin by building the outside legs just like we did if we had one center, and that allows you to earn, just like before, just like I showed you on your 001. So you have both the outside legs, and that qualifies the 001. Well, then by doing that, half the volume was in the bank in the 002 and the 003. It collected the volume, both BV and IBV for you, and it held it there. Now I could come back in and build the inside legs two at a time or one at a time, depending on how strong they are on the outside. Now, you always get somebody that says, “Well, what happens if those people disappear? I don’t like to depend on people.” Well, first of all, they wouldn’t disappear because they’re getting credit for the volume too, and it’s making them earn. They’re not going to give up the check, but even if it did happen somehow, you’re still going to be qualified on your 001 by virtue of what was done in your 002 and your 003. So, see, you don’t have to depend on people; depend on yourself. So, you’re now making three $3,600 checks or $10,800 per month, which is $66,000 or something per year part time, and here’s the amazing thing. You have self-vested the 001. By virtue of what’s being done in 002 and the 003, the 001 is vested. It automatically earns by virtue of these two centers that you’ve got. So it’s an incredibly ingenious plan for expansion and multiplication of success. Creating a common economic bond allowing you to multiply your profits without ever spreading yourself thin or having the horizontal marketing problem, it’s a work of genius, folks. That’s the bottom line. So now if I build this one, one more leg, I get another $3,600 once it maxes out. And then when I build this inside leg, I get another $3,600. So I’m getting three times the pay for twice the volume; everybody see that? So that would add up to $10,800 a month. So to do that, you have to qualify the three centers with $600 and sell through $600 worth of product, but you have time to do it. You’re still building that 001, and while you’re doing that, you’re going to build up enough sales to qualify the other two. So it’s an ingenious concept if you’re really going to go out and build, because you can leverage more income. You earn two more $3,600 checks for just building two more legs, three times the income for twice the work. Rather than having to reenter twice and build six lines, you only have to build four lines; does that make sense to everybody? So, now, that leads me to the final dimension that I need to tell you about. And the reason I need to tell you about it is I forgot one time and was accused of withholding information. The person punished me for the rest of my life. It’s called early re-entry where if from the beginning, if you are going to make a greater commitment and you’re willing to do certain things to become a UFO in the first month, you can establish when you come in what we call a Master UnFranchise or a supervisory entry just like having multiple McDonald’s. We’re going to allow you to do this re-entry thing in the beginning so that you can leverage more market america Now, I want to close with this thought. There’s the marketing plan that I just showed 18 UnFranchise Business Plan Transcript you. Most companies, you have to go out and find the people, develop the sales, handle the customers and make it happen all on your own, but with Market America the things that I’ve been telling you about tonight, the first half of the meeting, all of those things that we’re doing on the Internet, all those programs driving traffic are driving business into your center. So the system explained in this presentation works together as a marketing engine to drive traffic into your business and into your UnFranchise BDC. The great thing about Market America is that we not only provide a plan, an opportunity and products, but we provide the engines and systems to drive traffic, customers, sales and orders into your UnFranchise to help you earn ongoing income. each customer — all so you can earn more of these checks. No one else does that, folks. Now, it creates and feeds sales, customers, BV and IBV, which is ongoing income to you, and that’s about it. So no other company does this. It differentiates us. It’s your best chance to make it with the least risk. The question is will you make the necessary commitment? Now, you’re probably thinking, “Can Market America work for me?” But I’m telling you what I’m thinking. I’m thinking, “Are you right for Market America?” Because if we allow you to become involved, I’m the one who goes to work because you don’t know what to do. One thing’s for certain, if you don’t try anything, then everything’s going to stay the same. So before you decide, ask yourself, “Am I happy in my current financial situation? Do I have enough free time to spend with my family? How prepared am I for retirement?” But I want to tell you something, Keith, there’s no decision to make tonight. Don’t worry about understanding all this. If you understood the whole thing, God bless you. You’re the smartest person I ever met. I created the thing, and I didn’t figure it out in the first night. How are you going to understand it? Now, all you have to do is be willing to commit and try. There’s nothing else out there that provides a higher probability of success. So if you understand this, what I’m saying is it’s not just you. You’re in business for yourself but not by yourself. Unlike any other business out there, Market America works around the clock to create programs, media, traffic, branding, Internet search engine optimization — everything that we can to drive business into your center. So it’s not only the Mall Without Walls that’s doing it. It’s the Portal, the Internet presence that may provide you Web Portal ecommerce. Just think about this; how many businesses can get a web presence that’s as sophisticated as this, plus get ecommerce, plus get credit card processing? Most of them can’t even qualify for it. You get it right with your UnFranchise when you become a Market America Distributor. But, you know, there’s too much here. It’s mind boggling, too many diagrams, too many terms, and we don’t expect that. The important thing though is, Keith, you chose the Two- to Three-Year Plan over the 45-year plan at the beginning of the night. The real question is will it work for you? Now, if you knew this was going to work, and you were going to make $2,100 a week definitely, there’d be nothing to think about, would there? Now, I know how to do it, and I know that can happen if you cooperate, but the question in my mind is, “Are you right for the business? Are you right for me? Will you cooperate? Are you coachable? Will you do the things necessary?” We provide the ultimate online shopping experience, cyberspace traffic, then we have the UnFranchise system, support, training, marketing, events, tools, publicity, advertising, personal coaching to support your business, and then we have One-to-One Marketing with digital marketing programs matching products to customers and finding more products for market america So I have a way that we can both get the answer without any risk, and I call it a test 19 UnFranchise Business Plan Transcript market or a tryout. And all you have to do is listen and let me coach you and do it with me, and for 90 days — 30 to 90 days depending on how fast you want to go; I don’t want to upset your lifestyle — I’ll work with you, and we’ll expose this idea and products to some people to see if they know the right people. Not to get them in, but to see if they know the right people because I found out a long time ago the best way to find the right people is through people who know people rather than running ads and things like that and networking. And we don’t want to impose on that person, but you want to think of people that might know the right people. can expose it to some people, but Keith, I gotta tell you, if you leave tonight without booking a time or getting any materials — I say this to the group too — you just chose the 45-year plan because you have that anyway, and I hope that you care enough about your future and yourself and your family that you’ll give this thing a try. You chose the Two- to Three-Year Plan at the beginning of the night, and I think that we have the type of relationship where we can make it work. Even though I have other people who are asking me to do it, since you chose the Two- to Three-Year Plan, I’ll give you my time to see if we can make it work. And that’s it, folks. That’s the plan. Thank you. Now, why would you want to bring anybody in anyway that doesn’t know anybody or can’t get any customers or can’t lead to anybody? It’s not going to work. So I want to find out if they know the right people first. If they do, well, they might be right for it, but we’re not going to pressure anybody, and we’re just going to tell them that they’re looking at this to see if they know the right people, and I’ll do that with you. I’ll even call them with you, Keith, but you have to be coachable and cooperative. So we test it out for 30 to 90 days, and we have customers clamoring to buy the products and two to four good people that want to get in the game, that want to be UnFranchise Owners. It’s already worked. You never had to make a decision. I mean, who’s going to sponsor them to collect the check, you or me? You want to give me the check? Thank you. [End of Audio] So there’s no decision tonight. Once you choose, the rest is easy. Get your questions answered. Try ma-branded products. I have some here tonight if you want to look at them afterwards. Visit my Web Portal. I’ll go online and show it to you and give it a trial run, and we’ll work together and get started on the Two- to Three-Year Plan. Get some materials and book a follow-up with me tonight. Get your questions answered, review the plan. We’ll discuss how to do a trial run and how we market america 20 UnFranchise Business Plan Transcript
© Copyright 2024