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Financial Freedom Financial Freedom in 2 in 2 - - 5 Years 5 Years By By Chingho Lu Chingho Lu

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Page 1: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Financial FreedomFinancial Freedomin 2in 2--5 Years5 Years

ByBy

Chingho LuChingho Lu

Page 2: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Three Types of IncomesThree Types of Incomes

Earned Income Earned Income Investment IncomeInvestment Income Residual IncomeResidual Income

Page 3: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Ask yourself theseAsk yourself thesequestions?questions?

If I stop doing what I am doing, will I If I stop doing what I am doing, will I still be paid consistently?still be paid consistently?

Do I have a Plan B for my retirement? Do I have a Plan B for my retirement? If yes, Is that a 40If yes, Is that a 40--Year Plan or 20Year Plan or 20--Year Plan or 5Year Plan or 5--Year Plan?Year Plan?

Page 4: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Are You Seeking a Simple andAre You Seeking a Simple andProven Way of Achieving YourProven Way of Achieving YourFinancial Goals?Financial Goals?

Page 5: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Tired of Figuring out the MazeTired of Figuring out the Mazeto Achieve Your Dreamsto Achieve Your Dreams

Page 6: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Finally, the missing pieceFinally, the missing pieceto the puzzleto the puzzle

Page 7: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Wealth Building StrategyWealth Building Strategy

Create Ongoing ResidualCreate Ongoing ResidualIncomes Thru OtherIncomes Thru OtherPeoplePeople’’s Effort.s Effort.

Page 8: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Two Secrets to SuccessfulTwo Secrets to SuccessfulBusinessBusiness

To achieve your financial dreams, a To achieve your financial dreams, a home based business that creates home based business that creates residual income is essential.residual income is essential.

One of the key ways true residual One of the key ways true residual income is created is with customer income is created is with customer acquisition and customer retention.acquisition and customer retention.

Page 9: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Three questions you must ask for Three questions you must ask for any business opportunity:any business opportunity:

Will the Company provide you with the Will the Company provide you with the customers?customers?

Has the Company in business more Has the Company in business more than 10 years with proven products?than 10 years with proven products?

Will the Company do the backWill the Company do the back--end end followfollow--up marketing with your up marketing with your customers?customers?

Page 10: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

TriVitaTriVita Mission StatementMission Statement

"To inspire people to"To inspire people toexperience wellness andexperience wellness andto create wealth forto create wealth fortheir life purposes."their life purposes."

Page 11: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

A Proven and Stable WayA Proven and Stable Wayof Securing Your Financialof Securing Your FinancialFuture & producing a realFuture & producing a realprofit every month,profit every month, evenevenin a challenging economyin a challenging economy

TriVitaTriVita and Cooperativeand CooperativeMarketingMarketing

Page 12: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

What is a healthyWhat is a healthybusiness model?business model?

Real Business with paying customersReal Business with paying customers Recession ProofRecession Proof Available to successful professionals, Available to successful professionals,

entrepreneurs, business owners and entrepreneurs, business owners and executives as well as stay at home executives as well as stay at home moms and bluemoms and blue--collar workers.collar workers.

Proven Track RecordProven Track Record

Page 13: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Litmus Test for BusinessLitmus Test for BusinessCustomers & Sales RepsCustomers & Sales Reps

CustomersCustomers

Buys product from Buys product from company only company only because they want because they want the product.the product.

Sales RepSales Rep

Buys product from Buys product from company only to company only to qualify for qualify for commissions.commissions.

Page 14: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Healthy Business ModelHealthy Business ModelCustomer to Sales Rep RatioCustomer to Sales Rep Ratio

Examine any industry, real estate, insurance, etc. Examine any industry, real estate, insurance, etc. and you will see an individual sales rep has a large and you will see an individual sales rep has a large number of customersnumber of customers

11SalesSalesRepRep

100100CustomersCustomers

Page 15: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Model for Network Marketing; Model for Network Marketing; MLM & Home Based BusinessMLM & Home Based BusinessCustomer to Sales Rep RatioCustomer to Sales Rep Ratio

This is an example of an unhealthy business This is an example of an unhealthy business model:model:

100100Sales Sales RepsReps

11CustomerCustomer

Page 16: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Recruitment ModelRecruitment Model

YOUYOU

3 Distributors3 Distributors

9 Distributors9 Distributors

27 Distributors27 Distributors

Level 1

Level 2

TOTAL DISTRIBUTORS (PRODUCT BUYERS): 40

Level 3

Page 17: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Customer ModelCustomer Model

YOU

3 Distributors3 Distributors

9 Distributors9 Distributors

27 Distributors27 Distributors

Level 1 75 Customers

225 Customers

675 Customers

Level 2

Level 3

25 Customers

1,000 CUSTOMERS AND 40 DISTRIBUTORS (PRODUCT BUYERS)

= 1,040

Page 18: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Customer ModelCustomer Model

40 Sales Reps

1,000 Customers

1,040 Product Buyers1,040 Product Buyers

Page 19: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Which Would YouWhich Would YouChoose?Choose?

Recruiting Model40

Potential Product Buyers

Customer Model1,040

Potential Product Buyers

Page 20: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

TriVitaTriVita

Page 21: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

TriVitaTriVita Established in 1999Established in 1999

Annual Sales: $100,000,000Annual Sales: $100,000,000

Customers: 2,000,000Customers: 2,000,000

Business Affiliates < 15,000Business Affiliates < 15,000

Page 22: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Cooperative MarketingCooperative Marketing

TriVitaTriVita ANDAND YouYou

EqualsEquals SuccessSuccess

Page 23: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

How CooperativeHow CooperativeMarketing WorksMarketing Works

TriVitaTriVita generates customers through generates customers through television infomercials, radio ads, print and television infomercials, radio ads, print and the internet. the internet. TriVitaTriVita sells to the customers, sells to the customers, sends them the products, handles customer sends them the products, handles customer service, follow up and all the day to day service, follow up and all the day to day details. details.

You, as a Business Affiliates can buy a You, as a Business Affiliates can buy a customer for a one time fee and receive customer for a one time fee and receive lifetime commission rights on all future lifetime commission rights on all future purchases of your customers.purchases of your customers.

Page 24: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Reasons CooperativeReasons CooperativeMarketing Works forMarketing Works forTriVitaTriVita

TriVitaTriVita is backed by a multiis backed by a multi--million million dollar media giant, Ellison Media.dollar media giant, Ellison Media.

Eliminates major advertising and Eliminates major advertising and marketing expensesmarketing expenses

Business Affiliates join with no Business Affiliates join with no advertising expense to advertising expense to TriVitaTriVita

Page 25: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Reasons Why CooperativeReasons Why CooperativeMarketing Works For YouMarketing Works For You

TrivitaTrivita sells to your customers and sales repssells to your customers and sales reps TrivitaTrivita works to convert customers to sales reps works to convert customers to sales reps Your Customer PurchasesYour Customer Purchases Referred Customer PurchasesReferred Customer Purchases Tax Deductible Business ExpenseTax Deductible Business Expense Quality Business ProspectsQuality Business Prospects Easier Team BuildingEasier Team Building Remarkable Team RetentionRemarkable Team Retention Follow up Done For YouFollow up Done For You

Page 26: Financial Freedom in 2-5 Years - Meetupfiles.meetup.com/296269/Financial Freedom.pdf · Financial Freedom in 2-5 Years By Chingho Lu. Three Types of Incomes ... of Securing Your Financial

Need More Information?Need More Information?

www.OnlineHomeBusiness4u.comwww.OnlineHomeBusiness4u.com

Call Chingho Lu at (510) 573Call Chingho Lu at (510) 573--3488 or 3488 or (510) 688(510) 688--0011 to schedule an 0011 to schedule an appointment for Free consultationappointment for Free consultation