Posts Tagged ‘mlm business success’

5 March

Financial Destinations and Global Marketing Business Success

Financial Destinations Inc. (later FDI International) is a privately held organization, founded in 2003 and headquartered in Windham, New Hampshire. It was built by William Andreoli, now CEO and President of the company.

Recognized in its first years as a economic training company, FDI had the reported mission to “Stamp Out Financial Illiteracy Across the Country”. It was one of the organizations that employed a multilevel marketing business model to provide monetary education and training. This particular education incorporated issues like fiscal accountability, real estate, stock market speculation, cashflow administration – all of these were meant to educate FDI associates on their particular way to economic freedom.

Normally, there was an income plan attached as well, where independent FDI reps could sell FDI’s products and services and produce residual earnings for themselves, as well as train and lead their own sales team or organization.

The FDI compensation model was based on 3 streams of income: 1 – quick start bonuses, made to repay FDI distributors for private product sales activity, that would double with the enrollment of 3 new reps in any given calendar month; 2 – leadership bonuses, which were based on the growth of the group and got more substantial when another leadership level was reached; 3- residual income, a regular monthly commission on each and every member of the team.

The reason we are using past tense here is that the company has gone through serious changes. The owner of Financial Destinations Inc., William Andreoli, has teamed up with Kuba Fabiarz, owner of GIConnect, a 16-year old telecommunications business that is said to have been running in 62 countries and to have had more than 800,000 reps. The outcome? FDI International, a business which aims to get involved in 7 areas of telecom, as they say: landlines (home and business), wireless/cell, long-distance, global phone calls, calling cards, internet and corporate solutions.

Their plan will be to help their customers spare 50% or more on their telephone expenses. Possessing the international practical experience of GIConnect, FDI International will be planning to launch in 60 countries at the same time. Their major product appears to be the FDIVoice (hands free and service), which enables you to transform voice messages to written messages – so that you can stop text messaging while driving, as well as to make phone calls or even deliver e-mails using voice commands, or have your e-mail read to you by means of a voice application. Other products and solutions comprise affordable smart cell phones for their clients, that are exclusive to the company, Multi-line voice telephones with global connectivity, VideoPhones with connection to big-screen TV’s or pc screens and free of charge worldwide calls between FDI Video Phones. Their future plans include assistance for calling when travelling via plane. With these products and solutions they wish to gain a market unparalleled before. They also intend to have no taxes on the telephone bills and services, no credit checks and no tying contracts for their services.

With regard to the FDI International comp plan, it resembles in some points the original FDI strategy, but it appears to be greatly improved. They are boasting now multiple earnings streams: apart from the currently known Fast Start and Double Quick Start Bonuses, a 50% Matching Fast Start Bonus, Advancement Bonuses, 4 levels of Matching Residual Earnings and that is not all.

FDI International is certainly full of promises. Let us see if they can live up to them. As with any brand new organization (and even if the organization is not new), you run a number of risks, which is up to you if you choose to assume. One definite thing is, nevertheless, that this kind of MLM business can not be carried out in the classic fashion. You’ll have to promote the opportunity on the web, by taking advantage of the power of the internet to be able to expand your team, and so as to do this, you have to get very good online marketing resources and strategies. These aren’t easy to get, but not really difficult either, when you discover a skilled marketing coach who is willing to guide you. And if you do get these kinds of on-line network marketing skills, you’ll be able to use them in the long run with any other MLM organization that might peak your interest.

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