Why Start-Up

Why Start –Up?

Are you looking to take your life to a next level?

• Are you looking to earn big money and achieve financial freedom?

• Are you looking for an opportunity to decide what kind of life you want to live?

• Are you hard working and don’t need to look at the clock?

• Are you willing to do whatever it takes to achieve your dreams in life?

If Yes, then going for Start-Up is the only option

Present Job Scenario

• India is a young economy and we are only growing younger.

• Average age of Indian is 29 years & 65% of our people are in the working age group.

• This working age group is expected to continue at least till 2040.

. Looking at current Job Scenario it is advisable to work for yourself and start your own business and provide employment to others.

4 Reasons to go for Start-up in 20s

1. Long – Term potential returns:

More time you spend as Entrepreneur, the better long term returns you will going to get.

2. More Time:

At this age you have fewer commitments and much more time to devote to your business.

3. More Energy and Motivation:

At this age you have more energy, motivation and enthusiasm. Take advantage of these personal assets while you have them.

4. More Adaptability:

Start-Ups face major technological disruptions on regular basis.

At this age you stand a better chance of recognizing and incorporating new technology quickly.

SUMMARY of Why Start –Up in 20s

• Availability of Jobs will be less, so getting good jobs will be very difficult in this highly competitive scenario.

• If you want to become wealthy, then you have to be in business.

• People who have started own business have become more successful than those who have inherited.

• It is advisable to go for Start-Up in your 20s.

• You will get satisfaction of creating jobs for others.

So make a informed decision and begin your Start-Up Now.

You will be Glad of Choice made by you.

Why Start-Up as LIC Advisor?

1.Less Capital Investment:

LIC Advisor profession provides you the opportunity to go for Start-Up without much Capital Investment.

2.Royalty Income / Hereditary Income :

Writers & Singers get Royalty income for life time for job done only once. Similarly LIC advisors also gets Royalty Income for life time for Sale made once. This royalty income is payable to your legal heirs in event of your death any time.

3.Job gets Easier & Less Demanding as Business Grows:

As this is Business of Relationship and Good Customer Service. Once you have trusted customer base, you will get repeat Business and Referrals. Of course you have to work very hard during initial years to create trusted customer base.

4.You can Pass this Business to your next Generation as a legacy:

With established customer base, it will be smooth transition of Business for your children to continue your legacy.

Remuneration

• Remuneration will be paid to you in the form of Commission as percentage of premium collected through the policies sold by you.

• It is not a one time commission on a sale made by you.

• It provides you the royalty income through out the term of policy. As long as policyholder pays the Premium you will get the commission.

• Moreover this commission is hereditary i.e. it will be paid to your nominees even after your death.

The Commission rates on majority of regular premium policies are as under:

• First year Commission : 25% of Premium

• Bonus Commission : 40% of first year commission.

(10% of Premium) •Renewal Commission:

2nd and 3rd Year of Policy : 7.5% of Premium

4th year onwards : 5% of Premium

Total Commission for 15 years Policy : 110% of Premium

Total Commission for 20 years Policy : 135% of Premium

Total Commission for 25 years Policy : 160% of Premium