However, we haven't even scratched the surface of what we will see in India in future. We are still digging the foundations of what I see as a tall high-rise building, placing us below the ground floor of an opportunity that is unmatched in the direct selling industry. Our plan is to have 500 EXECUTIVES in India by the time Nu Skin launches and that will be the ground floor of this high-rise. With the current momentum carrying on, I believe we can achieve this quite quickly in 2015. These 500 Executives will be the FOUNDING LEADERSHIP TEAM of what is predicted to become Nu Skin's largest market in future. The question I have for you is how many of these 500 Executives are going to be in your team? Whatever number you can decide on depends on your GOALS and your VISION. Some of you may be satisfied with 5 Executives while others may want to have 50 or 100 Executives in their team by launch.
A simple way to work out how many Executives you want is to look at your long term income goals. India is predicted to be a $1 billion market in the long term (and this is a conservative figure). If Nu Skin is doing $1 billion of revenue a year in India and you have 1% market share of Nu Skin in India, then $10 million of revenue will be flowing through your team annually, giving you a minimum annual income of $500,000. If you have 10% market share of Nu Skin India, then your minimum annual income will be $5,000,000 a year (I say minimum because I'm calculating on the lowest payable percentage which is 5%...remember that Nu Skin pays up to 43% of revenue in commissions). What amount of a yearly residual income would you be happy with? Based on this, plan to put in your efforts and build your team accordingly. As Nu Skin launches in India and 500 Executives are already in place, the number of Executives will grow to 5,000, 50,000 and beyond. As this growth happens, your team of 5, 50 or 100 Executives will also grow in the momentum and that is how you will end up with big market share in Nu Skin India. To acquire 1% market share, you need to have 5 Executives in your team and to have 10% market share your entire team should consist of 50 Executives by the time we reach 500 Executives.
Are you willing to put in the effort to catch this vision?
