Friday, April 24, 2009

Create your own income from R4000 to R100 000 per month

The purpose of this blog is to show you how you can build an income of R100 000 (or more actually) from a brand new concept that we are doing in Herbalife in South Africa.

The concept of biggest loser is well known in over 90 countries of the world where it is screened on television. A few Herbalife distributors started to develop a similar model where they help people to get exceptional results. They call this the Weight Loss Challenge.

So how does it work?

You aim (as a Herbalife distributor) to get two weight loss challenges per week going with 25 people in each - giving you 50 people in the two groups.

Your second goal is to help these people achieve unbelievable weight loss and health results.

Your third point of focus is to duplicate this process - to get two other people every month to duplicate this process.

R100 000 per month sounds like an unbelievable amount of money - so let's start small so that you can see how achievable this is.

You start with 50 people in the two groups. People here buy only a Herbalife shake from you and none of the other products. Your profit is between R60 and R120 per shake. Your profit is at least 50 x R60 = R3000. (It actually is more, but let's leave it at this!) 50 shakes represents more than 1000 so called volume points in Herbalife (our own "herbalife" currency). In three weeks time you should sell shakes again, but let us say that only 40 people will buy shakes now - you earn another R2400 (40 x R60).

In week 6 there will be another 40 shakes and so in week 9 and week 12 - so this means another R7200 profit. Your profit for the whole period is R12 600 - so let us call it R4000 per month. Your volume points will be about 1500 plus per month.

So how do you increase this income to whatever level you desire? (R100 000 or more)?

Your target is to identify and get two people per month (five in the 12 week period) that will do the same as you have done.

So in their period they will do on average 1500 volume points per month in their own weight loss challenge. This is 7500 volume points per month for the five of them. These five will repeat the same cycle with the aim to get five people each that will duplicate the process. Now suddenly the volume points jumps to 37 500 per month.

These five will repeat the process once again with five others. Suddenly the volume points get to 187 500 per month from these new 125 people in your team. So your total volume points get to 187 500 plus 37 500 plus 7 500 - a total of 232 500. On this Herbalife pays you a 5% bonus which is multiplied by about 8 to get it to rands - this comes to R100 000 per month. There are more bonuses to come, but lets stay conservative for now.

So what is a weight loss challenge (WLC for short)? You could go to my website for more ideas but essentially it boils down to the following

A weight loss challenge gives people the opportunity to have fantastic weight loss results while they have fun, learn about nutrition and get the chance to use Herbalife products.

It will cost contestants R195 for the total period, but most of these money come back to four contestants in the form of prices.

So what action do you need to take to make your wlc a success?

1. You need 2000 flyers
2. 100 a4 'posters' is required to put up at shops, community centres, churches, gyms etc.
3. You want to be in the newspaper and on the local radio station if you can
4. You will have a personal interview with every individual intending to join your weight loss challenge to determine what they want to achieve and to introduce them to core products of Herbalife.
5. You will invite individuals to a healthy breakfast where you will share Herbalife with them and show them how to become involved in the business if they so choose to do it.

there are a few more strategies to follow, but these are the start for a successfull weight loss challenge. May the challenge be with you!