Freedomflex Presentation

I already did this on my Business Blog, and posting it here for those interested in what it is like. It is some notes I took on the Freedomflex presentation I have to do.

Pre-presentation

Walk in, do a little small talk, and start presentation preferably at the dinner table.

Read PS letter out loud, asking the five questions and circling the answers.

Do pre-presentation letter, your time clock. Verify and date.

Presentation

1) The American Dream - review the page, say "Who could put together a program to keep you out of these sad statistics?"

2) Star Page - review this page, starting with AAGE/AAPE, then ISM, and then clockwise, explaining what each do

3) Five Reasons People Fail Financially - review, "Wouldn't you agree these are five challenges we all face?"

4) #1, Financial Procrastination - (Review page) "How many years have you worked so far?" (Rows) "Of those years, which of these figures comes the closest to your average monthly income?" (Cols) "That means you made somewhere in the neighborhood of $_____" (Take out sheet, put in the past earnings) "Those who are financially independent say that a certain percentage should be set aside for our future. Do you know what that is?" (10%, fill in that part) "That means you should be able to write yourself a check for $_____ RIGHT NOW!"

5) #2, A Financial Goal - Review page. Ask for age and yearly income. Write in age and future earnings from chart, yearly income and 10% savings on first line below goals. Write in big numbers 10% of future earnings as financial goal. "If you have that much money by the time you retire?" Check off goals. "My job is to help people like you accumulate money so someday you can live your dreams!"

If I can show you how to set aside a lot less than 10% or _____ a year and come close to, meet, or exceed your financial goal of _____, you would take advantage of the program, right?

6) Where will you be at 65? - "Based on 100 average Americans starting life at age 25, here is what will happen when they reach 65. Silly question: Where would you want to be? Top 5%, right! Serious question: What are you doing to put yourself in the top 5%? People who are financially independent tell us we should have at least 7 different investments." Start on remaining part of the worksheet, from the bottom up. Have the client list each investment and what the projected earnings are. Congrats on what they have done. Ask "Do you have a checking account that earns interest or a plan checking account" and "Do you have a savings account". Qualify questions hidden as normal questions.

7) A Financial Plan - Review

8) Foresight, not hindsight - "That is why it is foresight and not hindsight that creates wealth. We all have hindsight. But it is only the people who can recognize a good opportunity and take advantage of it... and most importantly... stick to it who will ever create wealth. It is sad that many people use the excuse "I want to think about it" as a reason not to take advantage of this opportunity? They use all there time thinking of reasons why they can't take advantage of an opportunity instead of reasons they should. And they find themselves in the back of the line. Wouldn't you agree? For the rest of the presentation, keep an open mind. If you like what we are doing for people, make the decision and get involved. If your mind takes you in a different direction, that's fine too. Just a simple yes or no. That's fair enough, isn't it?

9) Power of Compound Interest - A puts in 2,000 monthly at 21 for ten years and then just let it set to 65. He put in a total of 20,000 and got 315,677 in return. B put in 2,000 monthly at 31 up till age 65. He put in a total of 70,000 and got 295,827 in return. Individual A has 20,000 more and put in 50,000 less!

10) Six Figures of a Sound Plan - Review

11) Eight Ways to Accumulate Wealth - "I would like to demonstrate how time and compounding works using a 30 year old, setting aside 1,000/year, for 10 years, to age 65" Then just review this chart, noting that 4% is guaranteed, 8.14% is our average, and 12 and 15% is not guaranteed since it involves stocks.

Post-presentation

"Lets see how close we can target your financial goal. Tell me, how much per month can you set aside?"

Fill in name, age, assuming, and yearly.

Total Premium Deposits = 10 year cost of living chart total for monthly amount

Find chart with yearly on bottom, matching gender on top.

Completion benefit = Face amount on right.

Total Premium Deposits till age 65 = (65 - Age) x 900

Write 8.14% above Total Premium Deposits

Next three blanks = 8.14% column numbers

Next three blanks = 8.14% column on reverse side

Write 4.0% value next to 5th blank... our guarantee.

Rate of return = 8.14% Benefit factor

Example, John Doe age 25 puts in $75/month, or $900 yearly.

Completion benefit is 72,588 with total premium deposits equal to 36,000 at age 65.

If he discontinue after 10 years, his total premium deposits will be only 14,344. He will have 124,424 at age 65, providing a monthly income of 845. This will provide him a total income of 428,267 over the next 30 years.

If he continues payments till he is 65, he will have 364,796. (146,783 guaranteed) This will provide a monthly income of 2,475 and a total income of 1,255,628 over the next 30 years.