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Duplicating Yourself. The Key to Residual Income. Event Schedule. Weekly Events Monthly Events Quarterly Events Annual Event (CONVENTION). Weekly Events. Local leader is trained to hold weekly Events with new prospects FREE Usually held in someone’s home or business
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Duplicating Yourself The Key to Residual Income
Event Schedule • Weekly Events • Monthly Events • Quarterly Events • Annual Event (CONVENTION)
Weekly Events • Local leader is trained to hold weekly Events with new prospects • FREE • Usually held in someone’s home or business • 5th Grade Level: The presentation is simple and lasts only 45 minutes • Use the weekly meeting powerpoint or Tear Sheets
Monthly Events • Invite an expert to present • Upline or higher rank or expert on subject • More in depth information than weekly meetings • Larger Venue • Hotel, Restaurant, Business Offices • Try to combine several nearby areas led by different local leaders • Paying for the Venue • IPCs contribute/guests are free, raffle, charge for meal
Quarterly Events • Invite a Dynamic, Excellent Speaker • Someone who can draw in a crowd (Owners, Master Distributor, Highly ranked IPCs who are talented speakers) • Larger Venue • Hotel, Dinner Event • Try to combine many local leaders from a larger geographical area (people will travel up to 2 hours) • Paying for the Venue • Each attendee pays for themselves, IPCs pay for guests, IPCs can use this event as an incentive program
Annual Event • CONVENTION - Be there!!! - Get as many of your team members there!!! • Product Education - Networking • Business Training - Motivational Speakers • New Product Releases • It is the best way to solidify your team leaders. Those who attend see much greater success in their business.
CONVENTION October 20 – 22, 2011 Salt Palace in Salt Lake City, Utah
4 by 5 Model • 4 Stands for 4 different Areas • Build a team and train a local leader in 4 different Geographic Areas • Select your areas based on where you and your downline have contacts • Try to select areas close to you to minimize travel expenses (after your doTERRA check increases, you can afford to travel farther)
4 by 5 Model • 5 Stands for 5 Leaders • Find 5 Leaders in your downline that will duplicate exactly what you have done • These 5 Leaders will build a team and train local leaders in 4 geographic areas until those leaders are independent • Local leaders will continue the duplication process
The Key to Residual Income • Months 1–4 (4 areas of your own) • Months 5–8(24 areas, 4 of your own plus your 5 leaders’ 4 areas) • Months 9–12 (96 areas, when you find local leaders for all 24 areas, they will then build their own 4 areas) • Months 13-16 (384 areas)