Each week BookWise sends out an email about what is going on in the company. This week’s topics are:
The top enroller bonuses. The top enroller for July receives $2,000 cash, the 2nd top enroller receives $1,000, 3rd top enroller receives $500, and the 4th thru 8th top enrollers receive the Wealth Builder Library.
The July Monthly Book. This month BookWise affiliates receive their first book in the Legacy Library Collection. It is also the first book in the Wealth Collection, “Think and Grow Rich” and “Acres of Diamonds”. The book is bound in rich green leather, and stamped in 24 kt. gold.
This afternoon I listened to a replay of a BookWise WealthWin conference call. The call was hosted by Tom Painter, a BookWise founder.
During the call, Tom spoke to us on how to get out of debt in 5-7 years. He told us about creating a Wealth Plan to create a net worth of between 1 and 5 million dollars. Creating Financial Statements such as a Balance Sheet, Cash Flow Statement, Debt Listing, and Destination Sheet were discussed. And finally, a Personal Financial Game Plan was discussed.
The WealthWin conference call is just another of the many BookWise benefits. If you would like more information about BookWise, please leave a message in the comments section, and I will get back to you shortly.
To find out the 5 ways to make money with BookWise, please go to http://benefits.bookwise.com/blog/5WaysToMakeMoney.pdf. If you have any questions, please contact me through the comments section.
I was on a BookWise conference call last night. The call was given by Richard Paul Evans, one of the founders of BookWise. He was very excited about the upcoming changes in BookWise, that will take effect on June 2, 2008.
He spoke about how the commission structure will be much better, how BookWise will be a Success Mentoring Affiliate Program, instead of a network marketing program that sells books. He spoke about how a BookWise affiliate thought she would have to pay $5000 in taxes for the 2007 tax year. But instead, after listening to a BookWise Tax Win call, she found out that she could get a tax refund for approximately $12,000. He also spoke about another BookWise associate who saved $20,000 on his taxes as a result of listening to a Tax Win call.
And taxes are just a small part of the mentoring that goes on in BookWise. And the mentoring is done by the best in the business, people like Richard Paul Evans, Robert G. Allen, Mark Victor Hansen, and Tom Painter.
If you have any questions about BookWise, please leave them in the comments section.
This is an excerpt from an email sent to BookWise associates from Richard Paul Evans. The email is concerning the changes to BookWise that go into effect on June 1, 2008.
Here are the top ten things I’m most excited about.
1. People making real “pay the mortgage–quit the day job” money.
2. A more exciting company with a clear vision, message and strategy.
3. A simplified, easy to understand program.
4. The Legacy Library: A unique, quality product not available anywhere else.
5. A compensation plan that matches our Associates’ behavior.
6. Success mentoring is a proven model.
7. Quick payout. No more waiting months to make money.
8. Five and your membership is free. With the new program, you only need to sign up 5 Affiliates (at your same level) instead of 27 to cover your monthly membership fee.
9. Exciting new tools to build your business, including a new Winning in the Margins presentation.
10. One of the greatest starter kits, the new Affiliate Portfolio in the industry.
Let’s talk about benefit number two-a more exciting company with a clear vision, message and strategy. When our consultants interviewed BookWise Associates and asked WHAT IS BOOKWISE? They got 20 different answers from 20 different people. We’ll tell you what it’s not. It’s not the return of the corner bookstore. It is not a book club. It is still “The most intelligent home-based business in the world”, but that’s not how we’re marketing it.
What is BookWise?
BookWise is life transformation. It is the finest Success Mentoring program in the world.
BookWise is about transforming lives through multiple methods of learning. To borrow Bob’s phrase, Bookwise is ‘Multiple streams of SUCCESS!’– Wealth, Personal Success and Wisdom.
BookWise is not a company selling leather books. The book is a bonus. The mentoring is worth far, far more. And the fantastic news is Success sells! In the Direct Sales industry, Success Mentoring is a proven model and is already part of a growing multi-billion dollar industry. BookWise has the chance to be at the cutting edge of this industry not only because we have access to the greatest information (from both the past and present) through books, CDs, DVDs, Seminars, Webinars and TeleConferences, but because we have access to the greatest success mentors in the world, including Robert G. Allen, Richard Paul Evans, Tom Painter and other industry leaders!
Let me answer one last concern. Was this new program and cost increase really about making BookWise corporate more money? No. Of course we hope it will make us money in the long run, (we have not made a dime of profit yet) but in the short run it only makes you more money. Do the math yourself. The new comp plan pays out much more on the dollar: 50% of a 100% CV vs. the previous 40% of a 75% CV. In real language, we’re paying out 50% instead of 30%, or $25 in commissions instead of $12. We increased the price by 25% and then more than doubled the commissions paid out. Obviously, this was changed to make you more money.
The bottom line is this: This new program was created to help you make money fast and bring you greater value. The plan seems to be working. We have finally attracted some big new players who now feel that BookWise can make them money. We believe June will be an exciting launch and rebirth. A BOOKWISE RENAISSANCE!
I want to thank our awesome leaders and Associates for their presidential actions during this change. For those of you “Blue Vasers” who, like me, are in for the whole journey, I look forward to sharing phase 2. There’s a lot of good to come!
Last night the changes were announced for BookWise. The major changes are:
Two levels of membership, one at $49.95 per month, the other at $99.95 per month.
An enrollment called Wise Start, for $399.95, which makes certain audios and videos, from Robert G. Allen and Richard Paul Evans available to associates.
A two-level commission structure.
After enrolling 5 people, the monthly fee is covered by commissions.
New replicating websites.
An effort to change the culture of the program to more of an affiliate program than a network marketing program.
I know this is very brief and general information. I will have more detailed information in the near future.
I was on two BookWise conference calls today. In the first one, hosted by Robert G. Allen, he spoke about some changes coming to BookWise. He did not get into specifics, but he said that the changes were to simplify the Business and to get more money into the associates pockets. On this upcoming Tuesday night, there will be a webcast where the specifics of the changes will be revealed. I am looking forward to that very much.
On the other conference call, we were instructed in social marketing on the internet. The website www.gather.com was discussed on the call. This website is a network of people who are interested in books, money, health, food, and a number of other things. This is a social networking group I must get involved in.
Each week BookWise sends out an email about what is going on with the company. This is a brief summary of the email:
An announcement about AIM training on April 29, 2008.
An announcement about 4 live teleconferences given by Robert G. Allen and Mark Victor Hansen, based on the book “The One Minute Millionaire”. These teleconferences will be held in May.
A couple of paragraphs about the WriteWise program including mentioning the new www.bookwisewritewise.com website.
A reminder that the webcast archive from last Thursday featuring Dan McCormick, the author of “Lessons from Great Lives”, is available in the Virtual Office in the ‘My Benefits’ area.
A few sentences about the ‘30 Day Challenge’ for associates, and a listing of the Challenge Winners for the past week.
BookWise Events for the week including: Monday, April 21 2008 4:00 PM EDT New Associate Orientation Tuesday, April 22 2008 9:00 PM EDT Opportunity Conference Call Wednesday, April 23, 2008 2:00 PM EDT Wealth Win Weekly Training Conference Call 8:00 PM EDT WriteWise Opportunity Call 9:00 PM EDT Opportunity Conference Call Thursday, April 24, 2008 9:00 PM EDT BookWise Training Webcast Saturday, April 26, 2008 11:00 AM EDT PresidentWise Training Teleconference Call 12:00 PM EDT Opportunity Conference Call
For those who choose to run BookWise as a for-profit business, the tax benefits can be substantial. Financial advisors have long counseled their clients to take advantage of the more than four hundred legitimate tax breaks available to owners of home businesses. As a BookWise Associate you receive access to TaxWinTM Training—a live monthly conference with top tax experts who will share ways you can save big money by owning a home-based business.
