How You can earn RM 5,000 per month consistently

within 3 years(even before the month starts)

By Peter Lim – Sep 2008

If today is 3 years from now…

• You’re getting RM 5,000 per month before you started your work (in Public Mutual).

• How would you lead your life differently from now?

2 Categories of Income(in Public Mutual)

1) One time Income- Closing a case (Cash or EPF) with no monthly investment.- Eg. A client invest RM 10,000 one time.

2. Continuous Income– Career Benefit– Direct Debit Instruction– EPF Investment as if it’s DDI– Group Sales / Career Benefit, etc.

Continuous Income

Continuous Income

1. Career Benefit 2. Cash DDI 3. EPF (as if it’s DDI) 4. Group

How to get RM 5,000 (or possibly more) within 3 years from these sources ?

Cash DDI

• RM 1,000 Commission would require a cash DDI of RM 30,120 every month (assuming you’re Agency Supervisor).

• Dividing 30,120 by 36 months, would be RM 840 every month.

• That means, you would need to have RM 840 new DDI every month for 3 years.

• Roughly 2 new Cash DDI case per month (assuming each case is RM 420 per month).

EPF DDI• RM 3,000 Commission would require a EPF DDI

of RM 131,000 every month (assuming you’re Agency Supervisor).

• Dividing 131,000 by 36 months, would be RM 3,640 every month.

• That means, you would need to have RM 3,640 new EPF DDI every month for 3 years.

• Roughly 2 new EPF DDI case per month (assuming each case is RM 5,500 per EPF withdrawal).

Career Benefit(from Asset Under Management)

• RM 1,000 Commission would require an Asset Under Management of RM 5 Million (assuming you’re Agency Supervisor).

• By doing Cash and EPF DDI from earlier 2 slides, you would have accumulated RM 3.11 Million after 3 years.

• Shortfall is RM 1.89 Million. Dividing it to 36 Months, would give RM 52,500 per Month Sales.

• Roughly about 5 cases per month, assuming each investor invest RM 10,000.

How it would work out?

• New Cash DDI of RM 840 per month.

• New EPF DDI of RM 3,640 per month.

• Lump Sum (one time) investment of RM 52,500 per month.

Sales & Asset Under Management

Month Cash DDI

EPF DDI Lump Sum

AUM

1 840 10,920 52,500 64,260

2 1,680 10,920 52,500 129,360

1 Year 8,400 43,680 52,500 1.02 Million

2 Years 20,160 87,360 52,500 2.69 Million

3 Years 30,240 131,040 52,500 5 Million

Commission

Month One Time Continuous Total

1 $ 1,472.63 $ 290.81 $ 1,763.43

2 $ 1,472.63 $ 331.72 $ 1,804.34

1 Year $ 1,472.63 $ 1,539.55 $ 3,012.18

2 Years $ 1,472.63 $ 3,208.13 $ 4,680.75

3 Years $ 1,472.63 $ 5,005.73 $ 6,478.35

What if ?• What if I’m part timer?

• What if I’m new agent?

• What if I want more than RM 5,000 “continuous” income?

• What if I don’t want to earn so much because I don’t see a need to be rich ?