2-5-10 Business Building Plan
2 Explained: As soon as you become a member, you must start inviting people to the opportunirty. Introduce your first 2 people who each become member and pay for their product of choice and you will qualify to earn your first bonus.
5 Explained: Introduce another 3 people so that you have 5 people in your network who bought IFA products. At this level of your business you qualfy to earn commission on premiums paid by people you've introduced to the business.
10 Explained: Introduce 5 more people so that you have 10 people in your network who bought IFA products. Now you will be earning commissions from a total of 10 policies every
You teach each member to follow thi simply business model and your network will grow making you more resedual incomemonth when these people pay their premiums.
Level | IFAs | Premium | % | Rand |
---|---|---|---|---|
1 | 10 | R100 | 12% | R120 |
2 | 100 | R100 | 24% | R2 400 |
3 | 1 000 | R100 | 24% | R24 000 |
Level | % |
---|---|
4 | 9% |
5 | 4.5% |
6 | 2.25% |
Earnings calculation:
5 Key Appointments x R100 x 12% = R60
Using the same example, should you introduce 10 Key Appointments, your earnings will be R120 per month.
**For more information, attend an IFA Presentation or refer to the IFA Starter manual.Now you will start earning commissions every month when these five people pay their premiums!