07.06d284f45nftegze.cloudfront.net/neo244... · why would i do this? successful entrepreneurs like...

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07.06.2014

GOAL

SUPPORT

PLAN

SYSTEM

MONITOR

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http://www.likemindsalliance.com

Introduction - Wealth Creation Take a moment and consider your income. Then consider you and your partner’s

earnings over the last decade. Can you see where the money is, or where it has

gone?

Historically, sporting professionals, with the help of their coaches, have applied common

preparation techniques to improve their probability of winning. Usually they possess:

Clearly defined goals

Specific timeframes within which to achieve them

A well thought out regime or plan to follow

The ability to critically assess and monitor their ongoing performance

Applying this methodology to Wealth Creation not only makes its achievement possible,

but also increases the probability that you will reach your intended goal.

Imagine an Olympic athlete setting out on a new campaign not knowing the date of the

next Olympics or its whereabouts. What would be their likelihood of success?

LikeMindsAlliance is a Wealth Creation strategy with:

A clear goal

A plan to achieve it

A system to get there

A way of monitoring progress

An executive decision making process

Just as a professional athlete consults a coach before the race begins, we work closely

with our members to ensure that they have all the right information available before

making any financial commitment. Success is more about staying on course the whole

distance, than it is about winning the first lap. In financial terms, this means staying with

the strategy that has already been proven, until the goal is reached.

LikeMindsAlliance Wealth Creation strategy is a business process. Success lies

in the ability of members to simply implement that process. No innovation,

tweaking, or re-modelling of the process is necessary or permitted. Membership

is offered to, and is contingent on, individuals accepting and affirming the core

strategy of the Owner and the processes to facilitate it as delivered by the

Support Executive.

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Wealth Creation Strategy

1. A clear goal

The goal is to establish a recurring passive income of $100,000 per annum within 12

months of commencing membership in LikeMindsAlliance.

2. A plan to achieve it

Any valid business transaction involves the delivery of valued goods and/or services

in return for a payment, usually cash. LikeMindsAlliance employs such a process

on a scale that is best facilitated by a Direct Selling operation, delivered and

managed by a long-standing, highly reputable and reliable third party organization.

The plan is in the process!

3. A system to get there

The system involves the managed development of a structured membership. The

membership comprises individuals who are prepared to make a modest financial

commitment in return for valued products on a monthly basis, and for a period of not

less than 12 months. Recurring financial benefit will require maintaining that ongoing

commitment for as long as the benefit is desired.

4. A way of monitoring progress

The third party Direct Selling organization provides a comprehensive back office

facility that allows the LikeMindsAlliance members to monitor and manage

membership development and business performance. It must be emphasized that

success will depend on individual commitment to stay the course of the plan. One

simple measure of progress is that members will have recovered their total

investment to date about midway through the cycle.

5. An Executive decision making process

In order to ensure the integrity and ultimate success of the plan, all decision making

in relation to the LikeMindsAlliance Strategy and Membership Development is

vested in the Support Executive. Support Executive Members will agree and commit

to attending regular briefing meetings in which program performance and

membership development will be discussed.

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Direct Selling (Network Marketing)

Any business requires customers to generate business income. If every

customer is a unique one-time purchaser, a constant stream of new customers must be

found in order to generate an adequate recurring income for the business owner.

If every customer is a recurring purchaser, then only a consistently defined group is

required to generate an adequate recurring income for the business owner. Generally,

one customer cannot generate enough income to support one business owner. Many

customers are required.

Network Marketing is no different. Many customers are required to generate an

adequate income for the business owner. In this case, the business owner is the person

who initiates the marketing network. The binary networking model is the core element of

the system we call LikeMindsAlliance.

Like any business, it takes a little time to establish a consistent customer base. Most

businesses take years to achieve this. LikeMindsAlliance is constructed on the basis

of a consistent customer (member) base built over 6-9 months depending on the size of

the recurring purchase.

The great advantage and utility of network marketing is that a chosen level of

income generation can be entirely mechanical. Because the only emotion/desire

engaged is that associated with generating income, the model persists, expands and

generates the sought after income as long as individuals continue to facilitate the

process. Neither the product nor the purchaser nor the third-party direct selling

company need be critiqued – as long as the process consistently delivers profit.

Network marketing profitability is usually discussed on the basis of one business

owner at the head of the network. But what if every member of the network wants to

achieve the same income generation as the network head? There is no magic or

secret. Each would-be business owner must head up a network of the required number

of customers.

Fortunately, participating in an existing, highly systemised network makes building a

customer base much easier, as the system and processes are already in place. Let’s be

clear though, and say again - each would-be business owner must head up a network of

the required number of customers. This is not unusual or unfair or unique to network-

marketing. It’s just how business works!

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The Binary Matrix

3a

3b

3c

3d

2a

2b

1

The general group model appears above. Each month the front row doubles as

the last members to join sponsor 2 more into the group. Technically, each member need

only ever sponsor 2 persons. However additional persons may be sponsored in and

placed in the front line so the group grows more quickly

4a

4b

4c

4d

4e

4f

4g

4h

3a

3b

3c

3d

2a

2b

1

This process continues to repeat itself each month, and each member

progressively becomes a “business owner” at the head of a significant and consistent

member/customer group.

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Income Generation Model – A Proven Direct Selling System

1-3-7 MODEL @ $240 / MONTH GROUP FRONT

MONTH Monthly

Bonus YTD

Bonus YTD Cost MEMBERS LINE

9 14030 24483 2160 511 256 >>>Monthly bonus > $100,000 per annum.

8 5750 10453 1920 255 128

7 1940 4703 1680 127 64

6 1525 2763 1440 63 32 >>>Total bonus ytd > total cost ytd.

5 700 1075 1200 31 16 4 288 375 960 15 8 >>>Month4 bonus > monthly cost.

3 87 87 720 7 4 2 0 0 480 3 2

1 0 0 240 1 1 >>>Purchase cost $240 per month fixed.

1-3-7 MODEL @ $240 / MONTH How the Goals are Kicked

The chart above illustrates that for Owner 1 , at end month 9, a network of 511

customers purchasing $240 a month has generated a cumulative bonus of $10,453

less $2160 in personal purchases, and is delivering a recurring monthly bonus of

$14,030. We have easily achieved our $100,000 annual goal.

In the same month, the next level up is receiving a recurring monthly bonus of

$5,750. It is less than Owner 1 because they do not yet have their full quota of 511

customers – that happens in the very next month! This is how each member progresses

from their month of commencement – regardless of when they commence.

Remember – the plan is in the process – simple mathematics.

As another example only, the chart below illustrates the outcomes for a network

purchasing $960/month.

1-3-7 MODEL @ $960 / MONTH GROUP FRONT

MONTH Mth

Bonus YTD

Bonus YTD Cost MEMBERS LINE

9 56210 111130 8640 511 256 8 28050 54920 7680 255 128

7 13970 26870 6720 127 64 >>>Monthly bonus > $100,000 per annum.

6 5750 12900 5760 63 32

5 2000 7150 4800 31 16 4 3200 5150 3840 15 8 >>>Total bonus ytd > total cost ytd.

3 1400 1950 2880 7 4 >>>Month3 bonus exceeds month cost.

2 500 550 1920 3 2

1 50 50 960 1 1 >>>Purchase cost $960 per month fixed.

1-3-7 MODEL @ $960 / MONTH How the Goals are Kicked

(Generating $100,000 per annum with a 127 person network purchasing $960/month.)

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Why Would I Do This?

Successful entrepreneurs like Donald Trump and Robert Kiyosaki have

described Network Marketing as The Business of the 21st Century. This audio book is

freely available for download and is worth listening to soon!

Good business sense demands we engage in commerce that reflects a growing

market need. On that basis, a Direct Selling vehicle that provides high quality and

accessible solutions to health and financial challenges will almost certainly prosper into

the future. This is an important consideration in terms of the longevity of the Wealth

Creation vehicle.

Big retail is increasingly looking to a form of this marketing model to maximize its

reach into the buying public. This is no coincidence. But big retail will never have the

responsiveness that you and I have with our circles of influence. And especially when

we can demonstrate that structured expenditure can result in lifestyle-changing passive

recurring income – something big retail has not quite mastered yet!

The general economic environment is increasingly out of our control at any level.

The fact that you are well trained and hard working in your vocation has little

significance in today’s labour market. Your job security has more to do with the

country’s balance of payments than your personal work ethic or family needs. A new

free trade agreement in some area could see your job moved offshore because

you……????

Modern Direct Selling processes are highly systemized. There is less need for

one-on-one negotiation, less emotionally-based decision making, and virtually no

administration. Initial investment is negligible, return on investment is almost immediate

in real-world terms, and the potential for income growth for all participants is limited only

by vision and commitment.

LikeMindsAlliance provides us with the opportunity to implement a new lifestyle

paradigm. A paradigm where we are able to take personal responsibility for our futures

and fortunes – where we are not subject to the vagaries of international closed-door

economics and big-interest media-massaging.

The opportunity to own our own lives is there - if we can see outside the well-

crafted media blinders that government, industry and commerce are so good at

putting on and around us.

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What Will I Have To Do?

1. First you must know what you WANT to do. Do you really want to change your

lifestyle? Do you want to accept a small discipline and commit to a proven and

established strategy? Do you want to do this because you have a clear vision for

your future – a vision that is stronger than the fear of failure or the need to take a

break in Majorka on a down day?

Are you concerned enough about your future to commit $240 a month to a short-

term Wealth Creation strategy that will provide long term benefit? Are you confident

and committed enough to invite two people to make the same small but considered

investment in their own futures?

2. If you are very sure that you want to do this, then you will want LikeMindsAlliance

to walk you through the getting-started process, and work with you to bring your

dreams to fulfillment.

3. You will want LikeMindsAlliance to:

Ensure you fully understand the strategy and what is needed for individual

success, before you make that final decision and sign the LikeMindsAlliance

membership agreement. (Not a legal financial contract – but an ethical

undertaking in good faith because we all want to be successful and we can

best do that by working together and supporting the group effort)

establish your fully systemized Direct Selling business and explain how that

works

provide you with one-on-one support to introduce this strategy to others in

your circle of acquaintances – you want to invite two people to join the

LikeMindsAlliance to begin your personal journey to success.

provide you with a schedule of events where you can see and hear the

progress individuals and the organization are making toward key goals and

milepost outcomes

provide some suggestions on how to manage your finances as the bonuses

begin to arrive and mount up (rest assured the Tax Man will probably notice).

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What Will LikeMindsAlliance Do?

LikeMindsAlliance is the name we have chosen for the whole group employing

this wealth creation strategy. It was established by one person – known as the Owner –

who appointed several other entrepreneur members – known as Directors - to help

facilitate the process and assist other members as the group expands. These people

have “put their money where their mouth is” as the saying goes, and are the foundation

for the group expansion. Together they are known as the Support Executive.

The Support Executive (and especially the Owner) take responsibility for

delivering the support and services mentioned in 3 above. We must remember that this

is all voluntary on their part – they are setting the example for all to follow and are not

formally “responsible” to anyone to deliver anything. But they want success like

everyone else – so you should take advantage of their support, learn from them and

send it up the line to those who come after you.

It is to everyone’s advantage for the growth of the network to continue. We are

each looking for two people to join us on a wealth-creation journey.

We each become the “Owner” of our own business network the day we become

part of LikeMindsAlliance.

Finally, we are all, individually and together, LikeMindsAlliance. We have made

ourselves the masters of our own destiny. The Direct Selling process is real – it involves

the purchase and sale of real products that are of benefit to the purchaser. The income

generated is real – millions of people around the world are receiving taxable income

from this process every day, many right here in Brisbane.

It’s up to us whether or not we have the attitude and aptitude to succeed.

Success in Direct Selling / Network Marketing has been accurately described as “a

group of people doing a few simple things consistently over a long period of

time”.

There is no boss to blame, no government to critique, nothing and no-one in our

way - except ourselves.

If you have a success orientated attitude and aptitude – let’s do this!

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ACTION PLAN

1. I know WHY I will do this, and I believe I will succeed. I will affirm my belief each day.

2. Month 1: I will invest $240 in my belief, enlist two people of similar belief, and attend LikeMindsAlliance Professional Development.

3. Month 2: I will invest $240/480 in my belief and support my two colleagues in LikeMindsAlliance Professional Development.

4. Month 3: I will invest $240/720 in my belief, receive $88 bonus and attend LikeMindsAlliance Professional Development.

5. Month 4: I will invest $240/960 in my belief, receive $288 / 376 bonus and attend LikeMindsAlliance Professional Development.






11. Month 10: I will receive my formal Certificate of Success from the LikeMindsAlliance Executive at a gala function attended by my family, friends and colleagues.

This month and hereafter I will follow the LikeMindsAlliance plan to re-

invest in my business to ensure its growth and stability into the future. And

yes, I will continue to attend LikeMindsAlliance Professional Development.

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RESOURCES FOR PARTICIPANTS

1. Richard Kiyosaki CD “Business of the 21st Century”

2. Notes on Richard Kiyosaki CD

3. LikeMindsAlliance Proposal

4. LikeMindsAlliance Agreement

5. “My Why” worksheet

6. My Action Plan for Success

7. My Personal Professional Development Plan

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LikeMindsAlliance

Professional Development

Participating in LikeMinds is a journey to success and to

personal development. That’s what characterises a true

professional - personal development disguised as

professional development.

Why is personal development important? Because the

journey to success is as much about our ability to acquire,

to enjoy, and to sustain success as it is about the product of

success itself.

Many lottery winners have seen their wealth melt away

before they could learn how to enjoy and sustain it. There

was no personal development because the success was

simply by chance.

We can achieve financial success in a short 9 months – but

will we have the personal know-how to complete the

journey, then enjoy and sustain that level of financial

success?

LikemindsAlliance professional development is about the

personal skills and traits that are the glue for success.

It’s a crucial part of the journey – it’s a GPS! Let’s use it!

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Frequently Asked Questions Who is LikeMindsAlliance?

We are members of your local community employing a Direct Selling infrastructure to

achieve monthly passive recurring profit

What are you offering?

Likeminded “investors” can apply for or be invited to take up a position in our low-risk

systemised wealth creation project

Why do I have to “apply”?

Because individuals generally do not understand the Direct Selling industry, or have

incorrect pre-concieved opinions that will undermine their consistent application of the proven

process, application or direct invitation provides opportunity to ensure they are fully aware of

the program parameters and procedures.

How much do I have to invest?

At time of publication, the minimum commitment to achieve our model profit goal is

$240 per month for 9 months. This is in fact the purchase cost of a high quality nutritional

product that represents the necessary vehicle for our wealth creation strategy

What is my risk?

In the proposed model, your monthly “investment” is $240 per month. If the program

develops exactly in accordance with the model, your monthly bonus income will exceed your

monthly investment by month 4, and your cumulative income will exceed your cumulative

investment by month 6 (see page 6 above).

What will I have to do?

You will set up an automatic direct debit to a Direct Selling company for $240 per

month, as your “investment” contribution (You will receive monthly a high quality nutritional

product from the Direct Selling company), and you will refer 2 appropriate, prospective,

likeminded “investors” for membership. This is the minimum requirement.

What if I don’t know anybody?

If you are interested in participating, it is almost certain that some of your colleagues or

acquaintances will also be interested. Remember, this is not about traditional network

marketing. The Direct Selling organization is simply providing an “investment” platform and

infrastructure for LikeMindsAlliance members

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Is it like Amway?

We don’t know what Amway is like. This is not about MLM companies – it is about an

investment strategy. It is not suited to people who are focused on MLM schemes.

How is it different to MLM?

MLM focuses on each individual building a large personal team of hundreds and even

thousands of members. Income is related to products and their standing in the community in

relation to quality, effectiveness, price etc. These issues are only of secondary interest to us in

the context of a wealth creation strategy.

In comparison, LikeMindsAlliance asks each member to refer only two prospective

“investors”. It is the Direct Selling infrastructure, and the way in which profits are generated

and distributed to members, that is relevant. That is why we refer to the monthly product

purchase as an “investment”. Strength is in the Alliance rather than in the individual ability to

build a large personal team of customers.

But how will I be able to build a big team?

It is not necessary for you to “build a big team”. LikeMindsAlliance members have a

profoundly positive growth vision based on the fact that each one need only refer a “team” of

two persons. Likeminds will indeed become a large group, precisely because each member is

committed to introducing only two additional members. This promotes consistent long term

growth in contrast to the constraint of the MLM model that demands each and every successful

“distributor” build a large personal team.

Tell me again why I would want to do this?

1. Low cost of entry – only $240 per month

2. Low risk – monthly income exceeds expense by month 4

– cumulative income exceeds outlay by month6

3. Proven system – Direct Selling infrastructure

4. Minimal effort – successfully refer only two likeminded investors

5. Potential passive recurring income > $100,000 per annum by end month 9.

6. Strategy is supported and facilitated by a foundational core group of “investors” - the

Support Executive

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Note: The information in this Executive Summary relates to a model investment strategy described as

the 1-3-7 MODEL @ $240 / MONTH which we present in good faith and believe to be very do-able. In

practice however, the membership structure or the time taken to enlist members may vary, resulting in

different income generation results over time. Neither LikeMindsAlliance, its individual members or

GNLD International give any guarantee that the results indicated will be achieved by any individual

participant, or that the results achieved by all participants will be identical. NP 06.06.2014

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General Reference - Extract

http://www.network-marketing-business-school.com/Binary-Plan.html

Understanding the Binary Plan

Binary Compensation Plan

Despite the fact the binary plan is relatively new (90’s) to the network marketing industry it is already very popular among network marketing companies and members within the industry. As well as the simplicity

of the design that the binary compensation structure offers there are a number of advantages that make it attractive to all network marketers including those new to the industry, part-timers, average networkers,

and your more experienced gun recruiters.

How Does the Binary Compensation Plan Work?

The Binary Plan as the name suggests is based around the number 2, which represents the maximum number of frontline associates that any business centre can have. Any additional distributors must then be placed under one of your existing frontline members. This creates a very supportive environment for

new members as the easiest way for associates to achieve success is by assisting their new members to build their organisations. This team approach makes the binary plan very attractive as there is a lot of support (both initial and ongoing) as all associates within your organisation work towards achieving a

common goal.

There are normally no depth restrictions to the binary structure and each level of your organisation is paid out on a consistent commission percentage making it easy to understand. One of the main distinctions of the of the Binary Plan is that it is volume driven as opposed to level driven which means you do not have

to have a large organisation to be successful. This also means there is an incentive to help new associates in your organisation no matter how deep they are.

In the fairness of good maths because there are no depth restrictions to the Binary Plan, each business centre has a limited earning potential which maxes out to ensure that both distributors and the company

earn a profit.

If each business centre has a limit to how much it can earn, how is it possible to earn millions of dollars through a network marketing business using the Binary Plan?

For your serious network marketers the profitable part of Binary Plan is that although each business centre can only earn so much (normally up to a few thousand dollars a week, which is still very nice), there is generally no limit as to how many business centres each distributor can operate. Think of a

business centre like a shop, if you currently own a shop that is doing really well but no longer has the potential to grow, what do you do? Open a second shop, as this now allows you to earn profits on both

businesses. Well it is exactly the same with the Binary Plan.

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Once you have achieve a certain level with your network marketing business where your organisation has maxed out or has limited potential to earn you more money, the company rewards the distributor with a

new business centre.

The company is happy because they have an experienced, successful distributor opening another business center and the distributor is happy because now they have a higher earning potential. The more

business centres the distributor has the greater the earning potential of the distributor.

Binary Compensation Plan Helps Even The Average Network Marketer

Studies conducted into the network marketing industry have shown that the average network marketing distributor sponsors between 2-3 new distributors into their business. These findings meant that it would be hard for the average distributor to be successful using some of the older compensation models that required distributors to recruit at least 6 or more frontline distributors to see a return. These older plans

started to give the industry a bad reputation as being "too hard", however fortunately most of these plans have since been modified.

After these studies started to appear in the 1980’s the Binary Plan was create to give everybody a fair chance of success. Because the Binary Compensation Structure only allows the sponsoring of 2 frontline distributors it meant that even your less than average network marketer still has the potential to achieve

financial freedom using this compensation model. Additionally the binary compensation plan was developed such that as a new recruit if you’re really struggling to build your downline it is in the interest of

your upline distributors to give you as much help as they can.

The Best Compensation Plan as voted by you.

The MLM insider publication each year publishes the annual distributor’s choice award as to what people working in the industry believe to be the best company and best compensation plan. Obviously there is

some potential biasing that can occur as naturally the large companies with the highest number of distributers are likely to feature the most.

In particular a large well known company (definitely not the biggest) has won the distributors choice award for the last 10 years in a row. One of the stand out features of this company is that it was one of

the first to implement the Binary Compensation Plan and whilst it is definitely not the most lucrative compensation plan it is believed to be one of the fairest.

Although the Binary Compensation Plan is not the most lucrative, just like all other compensation structures this model does offer the potential to earn a very high income if you are willing to put in the

work. When combined with the supportive teamwork that is generally found within companies using this compensation model, there is a lot to like about the Binary Plan.

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