Secret Industry Revealed By Jatin Kamnani | Money Making Club | Day 2
Summary
TLDRThe speaker shares their inspiring journey with Forever Living Products, highlighting rapid career advancement from Supervisor to Manager during the COVID-19 lockdown. They emphasize the potential for passive income through consistent effort, with opportunities to earn bonuses, car plans, and international trips. The presentation explains the business model, which requires minimal initial investment, and encourages individuals to start an online business with global expansion potential. The speaker invites participants to join and learn how to earn by following a proven blueprint.
Takeaways
- 😀 The speaker quickly advanced in the Forever Living Products business, achieving Supervisor level in 45 days and Manager level within six months, even during the 2020 lockdown.
- 😀 Earning more than ₹1 lakh per month in May 2020, the speaker's success stands in contrast to the widespread economic downturn caused by the pandemic.
- 😀 The Forever Living Products business offers various levels of progression, including Assistant Supervisor, Supervisor, Manager, Senior Manager, and higher levels with increasing income potential.
- 😀 Passive income is a key concept in this business, where initial efforts lead to sustainable earnings over time with less direct involvement later on.
- 😀 The company offers incentives such as a car plan (with three levels), which provides a regular income stream once specific criteria are met.
- 😀 International and national trips are part of the rewards system, with global events like the Global Rally bringing together top performers from around the world.
- 😀 The Chairman Bonus is a significant reward, with potential bonuses ranging from ₹5 lakh to ₹11 crores, depending on the level of achievement.
- 😀 Success in Forever Living Products is based on individual efforts and skill development, as the business is not a 'get-rich-quick' scheme but a long-term investment in personal growth.
- 😀 The snowball effect is explained as a gradual process where the more effort you put into building the business, the less work you need to do as it grows, leading to greater income with less effort over time.
- 😀 Starting the business with Forever Living requires a minimal investment (2 CC), which allows for global expansion and access to a lifetime of business opportunities in over 160 countries.
- 😀 The platform is flexible, allowing for part-time or full-time work, and offers the ability to work from home without the need for a physical office or large product inventory.
Q & A
What was the speaker’s initial experience with Forever Living Products?
-The speaker began with limited knowledge about the business and was trained by a mentor who helped them qualify as the fastest supervisor within 45 days. This early training led to rapid growth, eventually reaching the manager level within six months.
How did the speaker’s income grow during the pandemic?
-Despite the global lockdown in 2020, the speaker became a manager in April, and by May 2020, they earned over ₹1 lakh per month, while many businesses were shutting down and people were losing jobs.
What is the significance of the Forever Living manager level?
-The manager level in Forever Living marks a major achievement. It is a stepping stone for higher levels, and at this stage, individuals start earning a significantly higher income compared to earlier positions, as well as receiving various incentives.
What are some of the incentives available at Forever Living?
-Incentives include car plans, international and national tours, as well as bonuses such as the Chairman Bonus, which can range from ₹5 lakh to ₹11 crore depending on the level and individual performance.
How does the Chairman Bonus work in Forever Living?
-The Chairman Bonus is distributed in three levels: Level 1 (₹5 lakh to ₹30 lakh annually), Level 2 (₹50 lakh to ₹2 crore annually), and Level 3 (₹3 crore to ₹11 crore annually). It’s a significant reward for top performers in the company.
What is the snowball effect, and how does it relate to the Forever Living business model?
-The snowball effect refers to the idea that as you keep working hard in the business, your income grows exponentially over time, even with less effort, as the foundation and community you’ve built continue to generate income.
What does passive income mean in the context of Forever Living?
-Passive income in Forever Living is earned by building a network and ecosystem that continues to generate revenue, even with less direct involvement over time, once the groundwork has been established.
What makes Forever Living different from traditional businesses?
-Unlike traditional businesses that may require significant investment and setup, Forever Living allows individuals to start with a small investment (just 2 CC) and build a global business with minimal overhead and low risk.
Can you operate a Forever Living business from anywhere?
-Yes, Forever Living offers an online business model that allows you to work from anywhere, whether full-time or part-time, without the need for an office or significant product stock.
What are the next steps for someone interested in starting with Forever Living?
-To get started, one should download the My Forever India app, fill out the joining form, and complete any required videos to get selected for further training and business opportunities, including attending the Day Three session for additional insights.
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