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GROUP 5 CIRCLE 10
Members of Group 5(5) CIRCLE 10
OGUNDOYIN OLUWOLE (Group leader)
UGAWUJA MICHAEL (Secretary)
OBI OSITA (Presenter)
A TASK WRITTEN IN PARTIAL FULFILLMENT OF THE GUIDERS SCHOOL
MENTOR RHODA CHARLOTTE MOLOI
You've received all the information needed in order to become managers/leaders in the MMM Global Community. Now you have an important task: Enter in a new country and develop MMM Global there.
This new country will be the Thailand. As a starting resource you have: Internet- A team- knowledge received in the School and $ 50,000
GROUP 5 CIRCLE 10 COST ANALYSIS to THAILAND WITH 50,000 DOLLARS & INTERNET
Using Exchange Rate Of Naira To Dollar At N280=$1
FIRSTLY, we develop a plan of action: this is setting of goals/objectives, devising means/channels towards which the outlined goals can be effectively achieved within a given period of time. Important: 50 000 $ is given only once, later on you should use the free resources from the system GOALS/OBJECTIVES
1. WE ARE TARGETING ATLEAST 150 REGISTRATIONS IN THE FIRST ONE WEEK
2. EXPECTED DEPOSIT OF $30,000 WITH THE AVERAGE OF $200 DEPOSIT MEANS TOWARDS WHICH THE ABOVE GOALS CAN BE ACHIEVED
1. SOCIAL MEDIA (FACEBOOK,YOUTUBE) 2. OFFLINE PRESENTATIONS 3. ONE ON ONE PROSPECTING 4. POCKET MEETINGS 5. MASS MEDIA (RADIO JINGLES/INTERVIEW)
Visa for 15 people to Thailand
1500, 100$ per head
Flight to Thailand
3000 200$ per head
A conference hall
Banners and fliers
Radio jingles and newspaper advert
Branded T-Shirts and Face caps
Money put aside to redeem(GH) first set of (PH)
Table 1.0 shows the expenditure for the time in thailand. Thank You Task 2 QUESTION:
A week has passed – you are foremen. The average contribution of a participant to the structure is around - $300. Under the regulations of MMMGlobal you must provide at least 30% growth in terms of participants’ payments starting with the first contributions. Your task is to calculate how many new members and contributions you have to ensure in the next 3 weeks in order to be able to make the required payments to the older participants. It is necessary to write down your plan of actions for the next 3 weeks: under the above conditions stated – point out what resources you need and how you are going to use them, the number of new participants and money raised during this period, what extra costs you will have and how to attract them.
A week proramme for mmm presentation in Thailand we arrived in Thailand on the Friday morning moving to the apartment, we made reservation online. After settling down. In the evening of the same day, we shall start by sharing flier to people, to create awareness about mmm on how it work, inviting them over for 5 days seminar,
Tag: together we can change the world.
Date Monday 3rd – Friday 7th April 2017.
Time 10am daily.
Saturday we are to create on air advertisement for mmm presentation, using Sunday for resting, while getting prepared for the 5 days presentations.
No of attendants
No of registered participants
Amount deposited ($)
For the FIRST 3 weeks, we have TOTAL PH OF $30,000 PER WEEK.
If 100 participants want to gh for the next month, we will have the calculation below.
FIRST WEEK PH OF 100 PEOPLE TO GH 30000 X 0.3 = $9000 FOR 30 PERCENT INTEREST.
TOTAL IS TO RECEIVE IS $39,000. AND WE ARE LEFT WITH $27,000.
FOR SECOND WEEK PH, SO WE ARE TO ADD UP THIRD WEEK PH $30,000 TO BE ABLE TO PAY SECOND WEEK,
SO $27,000 + $30,000 - $39,000 = $18,000 LEFT.
FOR THE THIRD WEEK GH WE HAVE $30,000 + $18,000 = $48,000 - $39,000 FOR THIRD WEEK.
AND WE ARE LEFT WITH $9,000 WHICH IS NOT ENOUGH TO PAY THE FOURTH WEEK.
SO THE PLAN IS TO STRATEGIZE ON HOW TO STAGE A SEMINAL CAMPAIGN TO ATTRACT PEOPLE IN THAILAND TO JOIN MMM, BECAUSE $9,000 DOLLARS WILL NOT BE ENOUGH TO PAY THE FOURTH WEEK PARTICIPANT.,
SO OUR TARGET AUDIENCE SHOULD BE PEOPLE WHO CAN BE ABLE TO PROVIDE HELP ABOVE $60,000 TO HAVE MORE FUNDS INTO THE SYSTEM, ALSO MAKING THE PEOPLE WHO HAVE ALREADY GH TO PH AGAIN, IN THIS WAY THERE WILL BE FUND ROLLING FROM TIME TO TIME. THANKS
Task 3 QUESTION:
A month has passed. You are hundredth. The same plan for another month on the basis of the results of previous calculations, taking into account the dynamics of growth (the number of new participants and contributions for the next 4 weeks).
A MONTH AFTER AFTER A MONTH WE HAVE DOUBLE NEW REGISTRATION AND PROVIDED HELP,
CALCULATING FROM PREVIOUS MONTH REGISTRATION AND PH.
1ST WEEK TOTAL PH WAS $180,000 FOR 600 PARTICICPANT, ADDITION FROM PREVIOUS MONTH.
2ND WEEK TOTAL PH IS $240,000 FOR 800 PARTICIPANTS, ADDITION OF FIRST WEEK PH
3RD WEEK TOTAL PH IS $300,000 FOR 1000 PARTICIPANTS, ADDITION OF SECOND WEEK PH
4TH WEEK TOTAL PH IS $360,000 FOR 1200 PARTICIPANTS, ADDITION OF THIRD WEEK. ADDING TOGETHER TOTAL VALUES,
WE HAVE PH OF $360,000, WITH 1200 PARTCIPANT AFTER ONE MONTH.
Task 4 QUESTION:
After 2 months you have the number of participants and deposits that you have calculated. Now you can calculate what you need to organize within the next month. A week after the start of the month there is the local holiday in Thailand - which is celebrated during a week, respectively, in this period the activity of registrations falls by 75%. Make a plan of actions for a month: what resources and how you should use them, the right amount of contributions and participants for the development of the system. AFTER 2 MONTHS,
ASSUMING WE STILL HAVE, THE TOTAL PH OF $360,000, WITH 1200 PARTCIPANT.
A WEEK AFTER THE START OF THE MONTH THERE IS THE LOCAL HOLIDAY IN THAILAND - WHICH IS CELEBRATED DURING A WEEK, RESPECTIVELY, IN THIS PERIOD THE ACTIVITY OF REGISTRATIONS FALLS BY 75%. 75% FALL OF TOTAL PH = 0.75%X360, 000= 270,000. THAT TO SAY WE HAVE $90,000 LEFT IN THE MMM SYSTEM. OUR MAIN FOCUS IS TO; MAKE AN ACTION PLAN FOR THE NEXT MONTH: WE NEED RESOURCES, AND A NEW WAYS OF APPROACH, TO REACH OUT PEOPLE TO JOIN.
1. FIRST OF ALL WE HAVE TO CANCEL LEADER BONUSES.
2. THROW OUT PROMOTIONS TO CREAT AWARENESS.
3. INCREASE CAMPAIGN ON WEEKLY BASE.
4. PRINT OUT FLYERS. BANNERS, T SHIRTS, POSTERS.
5. INDENTIFY THE CULTURE THEY PRACTISE IN THAILAND. TO KNOW WHEN THERE WILL BE INCREASE IN GH.
6. GO TO EVENTS AND EXCHANGE COMPLIMETARY CARD, THERE BY INTRODUCING MMM TO EVERY ONE YOU BECOME FRIENDS WITH IN THAILAND.
7. LOOK OUT FOR THEIR MOST ACCESSIBLE SOCIAL MEDIA PLATFORM.
8. GO TO RADIO AND TV STAION TO CREAT MMM AWARENESS AND TELLING TESTIMONIES.
9. TELLING THE PEOPLE OF THAILAND WHAT THEY BANK CANT OFFER TO GIVE TO THEM
10. CREATE A FORUM FOR REGULAR MEETINGS; ONLINE OFFLINE AND SHARE GIVE ITEMS TO THE LESS PRIVILAEGE ONES. THANKS
Task 5 QUESTION:
Your plan didn’t work out, you do not have enough new registrations and new deposits to cover the costs of the current deposits. It is necessary to analyze the plan of actions in this situation, what are the resources, how many participants, contributions, etc., needed to get this situation resolved. Due to lack of funds there are delays in payments, the old participants seeing that - neither make their own contributions, nor attract new members.
OUR PLAN DIDN’T WORK OUT; BECAUSE WE DO NOT HAVE ENOUGH FUND, TO PAY PEOPLE WHO WANTS TO GH, DUE TO THE FACT THAT THERE WAS LOW TURN UP ON REGISTRATION AND PROVIDING HELP, SO IT IS NECESSARY TO ANALYZE THE PLAN OF ACTIONS TO OUR SITUATION. NEW TASTICS
1. ADD WEEKEND TO OUR DAYS OF SEMINARS AND HOLDING SEMINARS ON TUESDAY, THURSDAY, SATURDAY AND SUNDAY USING MONDAY AND WEDNESDAY TO CREATE MORE AWARENESS AND INVITING PEOPLE
2. HAVE A DAILY SEGMENT ON RADIO/TV WHERE WE TALK ABOUT MMM, ITS IDEOLOGY AND HOW IT WORKS RESOURCES NEEDED
MONEY USE WAS FROM THE $10,000 SET ASIDE. BALANCE IS REMAINING $4,000.
TABLE1.1 shows the resources needed for the time in Thailand
SO OUR AIM IS TO RECRUIT, MORE PARTICIPANTS WITH TARGETED AUDIENCES OF 3000 PEOPLE WHO CAN PROVIDE HELP ABOVE $1,000,000.
Task 6 QUESTION:
During this month delay in payments increased to 7 days. Referral activity almost reduced to zero. The old members do not attract anyone and do not make contributions too. In virtue of this situation a pause mode is implemented in which all the old Mavros are frozen and will be available for withdrawal when the situation will right itself. New deposits grow as per old conditions (are not frozen and available as usual). Make your plan of actions for another month (resources, contributions, members, etc).
PLAN OF ACTION
1. WE START GOING OUT TO TALK TO PEOPLE ONE ON ONE, ASKING THEM IF THEY HAVE ANY FINANCIAL ISSUES, LETTING THEM KNOW MMM WILL HELP THEM, SORT IT OUT BY PROVIDING WITH SPARE CASH TO GET 30% IN RETURN.
2. HAVING SEMINARS IN VARIOUS COMPANIES DURING THEIR BREAK TIME AND MAKING SOME OF THEM ATTEND GUILDER SCHOOL, TO LEARN THE IDEOLOGY OF MMM.
3. PERSUADING NEWLY JOINED MEMBERS TO BRING PEOPLE ON BOARD AND ALSO TO REDEEM THEIR PLEDGES AS AT WHEN DUE.
4. CONCENTRATE MORE ON DOING WHAT I CALL "HOME MEETINGS" TO GROW THE AWARENESS OF MMM. THIS WAY WE'LL BE ABLE TO TEACH THE IDEOLOGY TO EVERY PARTICIPANT AND TELLING THEM THE IMPORTANT OF PH AND GH AND REPH AND REGH CONSTANTLY TO SUSTAIN THE COMMUNITY.
5. IF YOU DON’T NEED HELP, KEEP PROVIDING HELP. YOU WILL BE REWARDED WITH MORE MAVROS.
6. NEVER OVERGROW YOUR MAVRO, IF YOU DON’T REALLY NEED HELP, GH IT OUT AND PH IT IN.
7. WE ARE TO KEEP THE MONEY CIRCULATING IN THE COMMUNITY NEVER TO KEEP IT TO YOURSELF.
Task 7 QUESTION:
Your efforts have been insufficient to reverse the situation. A restart took place, all the old mavros are removed. We start to work from the beginning. Serious negative impacts of the members and unfavorable responses, one or two negative articles in the mass media and you have to make a fresh start in such conditions. A plan of actions under specified conditions for a month.
NEW PLAN OF ACTION FOR RESTART MODE
1. WE START WITH WARNING SIGN THAT YOU MIGHT PROVIDE HELP AND DON’T GET HELP BACK IN RETURN.
2. WE FREEZE ALL THE MAVRO BEFORE RESTART; AND SHALL PROVIDE PAY BACK, GRADUALLY WITH THE SYSTEM DEVELOPMENT IN THE TIME PROCESS.
3. MULTI-ACCOUNTS ARE NOW FORBIDDEN (TO MAKE SYSTEM MORE STABLE).
4. EACH BANK DETAILS CAN BE USED ONLY ONCE FOR ONLY ONE ACCOUNT.
5. CREATE A MINUIMUM AND MAXIMUM PH LIMIT
6. THE SYSTEM NOW HAVE ONLY THE TWO TYPES OF MAVRO: THE NORMAL 30% PROVIDED PLUS THE PREVIOUS OLD MAVRO THAT WAS FREEZE BEFORE THE RESTART MODE
7. LEADER BONUS NOW WILL HAVE ONLY THREE LEVELS – AND THERE WILL BE NO PAYMENT AFTER THE THIRD LEVEL. NOTE: ALL ABOVE MENTIONED COME INTO ACTION FROM THE ANNOUNCEMENT OF THE RESTART MODE. THANKS FOR READINGenough new registrations and new deposits to cover the costs of the current deposits. It is necessary to analyze the plan of actions in this situation, what are the resources, how many participants, contributions, etc., needed to get this situation resolved. Due to lack of funds there are delays in payments, the old participants seeing that - neither make their own contributions, nor attract new members.
1. ADD WEEKEND TO OUR DAYS OF SEMINARS AND HOLDING SEMINARS ON TUESDAY, THURSDAY, SATURDAY AND SUNDAY USING MONDAY AND WEDNESDAY TO CREATE MORE AWARENESS