WFG RED FLIP CHART Flashcards

1
Q
  1. INTRODUCE YOURSELF, HOW LONG YOU’VE BEEN IN THE BUSINESS, STATE WHY YOU GOT INVOLVE AND INCLUDE THESE:
A

WELL FIRST, NOBODY HAD TAUGHT ME HOW TO MANAGE MY MONEY IN SCHOOL. WITH WORLD FINANCIAL GROUP, I AM ABLE TO TAKE ADVANTAGE OF THE FINANCIAL EDUCATION THAT THE COMPANY SHARES/PROVIDES.

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2
Q

FINANCIAL ISSUES ARE OFTEN NOT DISCUSSED, AND FINANCIAL PRODUCTS ARE NOT ALWAYS EXPLAINED WELL, DO YOU AGREE? LIKE THE 401K, TSP, 403B, CD’S, STOCKS, AND BONDS, ETC… WE ARE FLOODED WITH FINANCIAL NEWS, CHANNELS, AND WEBSITES, BUT YET FINANCIAL LITERACY IS STILL VAGUE.

A

SO…..THE BEST WE CAN HOPE FOR IS TO GET YOUR ATTENTION AND INTEREST INTO FINANCIAL MATTERS AND FOR YOU TO OBTAIN SOME BASIC FINANCIAL CONCEPTS OF HOW MONEY WORKS…WOULD THAT BE OK?

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3
Q

SO WHY DOES IT SAY: “BUILDING A NEW INDUSTRY”…WELL REMEMBER IN MID-MARCH OF YEAR 2000; THE DOT.COM BUBBLE BURST, SENDING THE STOCK MARKET INTO A FREEFALL. AND THEN A YEAR LATER SEPT 11 TRAGEDY HAPPENED…A NEW REALITY OF UNCERTAINTY AND INSECURITY STARTED. THEN IN 2008, THE WORLD YET AGAIN EXPERIENCED ANOTHER FINANCIAL CRISIS. WHICH IS WHAT…THE HOUSING MARKET.

A

AND THAT IS THE REASON WHY WE ARE BUILDING A NEW INDUSTRY INTO THE FINANCIAL INDUSTRY, TO PROVIDE SOLUTION FOR OUR CHANGING WORLD.

WHY? BECAUSE DO YOU AGREE THAT AT THIS POINT IN TIME, “THAT FINANCIAL SECURITY IS NO LONGER A DREAM? IT’S A PRIORITY, RIGHT!!!

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4
Q

CHALLENGING TIMES

= SO DUE TO THE FINANCIAL CRISIS THAT WE EXPERIENCED….THE QUESTION IS HOW DID WE GOT AFFECTED BY THEM??? DO YOU AGREE THAT IT HAS PUT A LOT OF PEOPLE INTO A CHALLENGING SITUATIONS, RIGHT….MORE DEBT, LESS SAVINGS… AND THE WORST THING IS MANY COMPANIES DO NOT OFFER PENSION PLANS ANYMORE.

A

Do you know anybody that’s been to that situation, or in those situations?

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5
Q

= MORE JOBS ARE BEING REPLACED DUE TO ADVANCES IN AUTOMATION AND POWERFUL SOFTWARE.

A

TECHNOLOGY AND SMART MACHINES CHANGE SO FAST THAT WORKERS’ SKILLS MAY NOT BE ABLE TO KEEP PACE…isin’t TRUE?

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6
Q

= AND AS THE LABOR MARKET BECOMES GLOBAL, COMPANIES ARE INCREASINGLY SENDING THEIR OPERATIONS OVERSEAS WHERE LABOR COSTS ARE LOWER. YOU EVER CALL YOUR PHONE CARRIERS AFTER WORKING HOURS? WHO DID YOU END UP SPEAKING WITH? CUSTOMER SERVICE CENTER OVERSEAS!! EXACTLY

A

SO NOW “CORPORATE PROFITS KEEP RISING WHILE THE INCOME GAP BETWEEN THE RICH AND POOR KEEPS GROWING”?

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7
Q

NEW MIDLIFE CRISIS

WHAT IS THAT MEAN..WE HAVE A SHORTER PRODUCTIVE LIFE: READ SLIDE “SHORTER PRODUCTIVE LIFE AND UNCERTAINTY AND INSECURITY”

A

= NO ONE GOES TO A COMPANY ANYMORE AND SAYS: THIS IS IT! THIS IS THE COMPANY THAT I’M GONNA WORK FOR, FOR THE REST OF MY LIFE. WORK HARD, MOVE UP THE CORPORATE LADDER. BUILD A PENSION AND RETIRE AT AGE 65 AT ONE EMPLOYER.

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8
Q

= STRUGGLING SMALL BUSINESSES..WELL EVEN BIG BUSINESSES RIGHT…BLOCKBUSTER, BORDERS…JC PENNY..JUST TO NAME A FEW RIGHT.

A

“THE NEXT CRISIS IN OUR LIVES, IS THE RETIREMENT CRISIS” BUT ARE WE SEEING THAT NOW?
DO YOU KNOW ANYBODY THAT RETIRED RECENTLY BUT HAVE TO LOOK FOR A PART TIME JOB?

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9
Q

PERSONAL CHALLENGES

DO YOU KNOW ANYBODY THAT HAS PROBLEMS PAYING THEIR BILLS?

ANY OF THEM HAVE CONCERNED ABOUT THEIR JOBS? CAREER?

A

ARE YOU PAID WHAT YOU ARE WORTH? A LOT OF US WOULD SAY NO!! WHY DO YOU THINK THAT IS?

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10
Q

ARE YOUR CHILDREN GROWING UP AND YOUR PARENTS GROWING OLD FASTER THAN YOU CAN PROVIDE FOR THEM? SANDWICH SITUATION, RIGHT? WE CAN’T IGNORE OUR RESPONSIBILITIES AND NOT SUPPORT OUR PARENTS SPECIALLY OUR KIDS.

A

DO YOU FEEL YOUR FINANCIAL TRAP IS AFFECTING YOUR FAMILY? NOT BY CHOICE ANYMORE RIGHT….I WILL EXPLAIN THESE 3 SLIDES HERE FURTHER MORE ON THE FINANCIAL CONCEPTS.

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11
Q

“ ONE OF THE GREATEST DISCOVERIES OF THE 20TH CENTURY IS THAT YOU CAN CHANGE YOUR LIFE BY CHANGING THE WAY YOU THINK.”

A

IF YOU THINK LIFE IS HARD, HARD TIMES WILL COME. IF YOU THINK LIFE IS GOOD, YOU WILL MAKE IT HAPPEN. AND IF YOU THINK YOU’LL BE AVERAGE, YOU WILL BE AN ORDINARY MAN, MAKING AN AVERAGE LIVING. ISN’T TIME TO MAKE A CHANGE?

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12
Q

THE PROPOSAL OF A GREAT BUSINESS PLAN

SO WHY ARE WE BUILDING A “NEW INDUSTRY IN THE FINANCIAL INDUSTRY”?

A

IT’S BECAUSE THERE’S A HUGE MARKET TO WHAT WE DO! WHY..EXPLAIN THE 3 PILLARS

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13
Q

THERE’S A LOT OF PEOPLE OUT THERE THAT ARE EXPERIENCING FINANCIAL PROBLEMS OR PEOPLE THAT WANTS TO BE MORE SECURE…
WE SHOW THEM HOW MONEY WORKS SO THAT THEY CAN BUILD OR REBUILD THEIR FINANCIAL FOUNDATION.

A

AND ISN’T THERE A HIGH LEVEL OF FRUSTRATION…DO YOU KNOW ANYBODY THAT’S STRESS ABOUT THEIR JOBS. ON A PART TIME BASIS THIS WOULD NOT INTERFERE TO WHAT YOU’RE DOING RIGHT NOW. WE WANT PEOPLE TO HAVE AN OPPORTUNITY TO HAVE A BETTER INCOME, BETTER SECURITY, AND BETTER LIFESTYE. BY HELPING THE PEOPLE THAT WANTS TO KNOW HOW MONEY WORKS AND SECURE THEIR FUTURE.

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14
Q

REMEMBER, THERE IS NOT SUCH THING AS JOB SECURITY ANYMORE. THE CURRENT INDUSTRY HAS LOST PEOPLE’S TRUST….WHILE WE GIVE PEOPLE THE CONFIDENCE, BELIEF, AND HOPE TO PLAN FOR A BETTER FUTURE.

A

MANY WORKING ADULTS ARE NOT SATISFIED WITH THEIR CURRENT INCOME, CAREER, AND WORK/LIFE BALANCE, NOT ABLE TO SPEND TIME WITH THEIR LOVE ONES.

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15
Q

AS WFG FINANCIAL PROFESSIONAL YOU CAN OPEN DOORS FOR PEOPLE THAT WANT TO CHANGE THEIR CAREERS OR SUPPLEMENT THEIR INCOME.
WHY WFG IS A GREAT OPPORTUNITY??…. BECAUSE PEOPLE ARE SEEKING HELP.

A

THEY ARE LOOKING FOR SOMEONE THAT CAN RESTORE THEIR FINANCIAL PEACE OF MIND BY OFFERING THEM THE FINANCIAL SERVICES THAT THEY WANT…THAT THEY DEARLY NEED.

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16
Q

FACING THE CHALLENGES

AGAIN ISNT TIME TO MAKE A CHANGE AND FACE THE REALITY?? SO WHAT IS THE MISSION OF THE NEW INDUSTRY?

A

WE CAN INCREASE YOUR CASHFLOW = YOU CAN MAKE MORE MONEY WHEN YOU CAN, WHILE YOU CAN AND HAVE MULTIPLE SOURCES OF INCOME.
 WHY NOT HAVE A “PLAN B” IN CASE WE GET LAID OFF OR HAVE YOUR HOURS OF WORK REDUCED? WE NEED TO KEEP SUPPORTING OUR FAMILY, RIGHT? LIFESTYLE?