IMG Business

Chapter 8: People Transformed by IMG I am so in love with this business for it is a Win-Win Business. It Transforms Us. We started with this business with our family as the first set of clients. All our investment needs, our healthcare and life protection, and our non-life insurance we bought from ourselves as agent or broker. We were getting our insurance for our house and our cars as clients of an insurance company. For so many years and not a single centavo goes back to us. When we became business owner within the IMG system in 2007, we earned commissions from what we paid for our home and car insurance. At that time, we pay P30K per year for our non-life insurance needs and as broker for our own needs, we pay the same amount. But this time as broker for our own needs we got back more than P2000! We got ourselves all the needs we have as our own broker and thus, with just our own needs we earn. On top of this, IMG coached us to do our proper and solid investing. We were also coac...

Chapter 7: Why is IMG Special? What is IMG Business? Is it Networking? Are you an Agent/Broker if you Join IMG? This is the question I had when I joined IMG. It is the same question that most people ask me as well. IMG is Simply Special. Check this comparison of IMG Business which I labeled as Real Business. The best thing I like about IMG is that it is indeed recession proof. It is something that can survive lockdowns. Why, because it can be done on line. And it helps people to prepare for any emergencies. More detailed comparison of Traditional Agency, Networking, versus the IMG Business Model is shown below. We take pride of the fact that our IMG Business has the most powerful compensation system and is the most powerful financial distribution system in the Philippines today. IMG is not focused on selling and recruiting. I found out that IMG is not a Networking or Multi-Level Marketing. Instead, IMG is the Most Powerful Distribution System for Financial Services, and Membership Pla...

Chapter 6: How Do We Earn? Our company is an international company. It allow us to do business in many different places in the world. We also travel throughout the Philippines from as far as Cagayan in the North to Davao in the South and build successfully our business outlets in those places too. They are all helping us be of help to thousands of people encountering financial difficulties, like we were before. Using the same business system of IMG we are continually setting up our franchise outlets and we earn royalty incomes. We have 13 ways of earning and all are defined by a system and the commissions and earnings are computer system generated and can be monitored anywhere you are in the world. Our company boast of the best compensation system in the financial services industry. Our final consideration in getting into the business is the capital requirements versus potential income or Income/Capitalization Ratio.The business options that I studied required more than half a ...

Chapter 5: How Do We Get Started? What will fuel us to do our business every day? Why do we do what we do? That’s the first thing we did. We defined together with our children the answers to these questions. We have to be clear on WHY DID I JOIN IMG. This is aligned to Napoleon Hill’s Success Principle to Define First Your Burning Desire. Similarly, it is what Stephen Covey say as first step: Begin With The End in Mind! Then we made our vision board to visualize the dreams we want to achieve doing our IMG Business. This was the very first step we did before we seriously embarked on our business. This was the starting point of our IMG Business. We clearly defined Specific, Measurable, Aggressive, but realistic and time bounded (SMART-CY) goals, and our Compelling Y (why) or reasons why we would pursue this business. We were more than equip on HOW we would do the business. But Fely and I believed that what would keep us in the business is our deeper WHY. The deeper the WHY, the deep...

Chapter 4: What is this IMG Business? Since Fely and I had received retirement pay, our need was to learn and execute proper saving, investing and protection (insurance). We needed to learn how to make our money work for us. We found out that IMG is both a Business and a Mission. We specially got inspired by the TRAINERS CREDO that IMG Members declare. The Business is about being a Trainer and Training Trainers! But it is a Business that is so Simple and Doable that anyone, of any age, training, background, or level of education can do! So what exactly is IMG? IMG is one of the Biggest and Fastest Growing company in the Philippines which has Offices in different countries in the world which includes, Singapore, Taiwan, Hong Kong, Macau, Dubai, Rome, Milan, We became our own broker for our own financial service’s needs. It is your OWN Business. You are not an employee. You don’t have a boss. No Time Cards, No Quota! You can do it anywhere. And you can do it ON LINE too. You are a re...

Chapter 3: Search For Business Our search for business was very meticulous and long. We studied our options very carefully. We considered business like a car shop with parts and services, with internet cafe, and spa set-up. We also looked at franchising a gasoline station, a convenient store, a meat shop, and a fast-food. We also toyed with the idea of converting our home to a spa styled specialty restaurant.The successful business models we see are those that deal with distribution, a Business that has a System. Businesses that thrive are those that are of a One-Stop-Shop. Manufacturers are no longer the king. I studied the business model the richest men in the Philippines. They have a one-stop-shop or a distribution. Take the case of Henry Sy. He owns SMDC, BDO, SM Malls and many allied businesses. When he needs to build more malls, he gets the services to construct the mall from his own company SMDC. The funding he borrows from his own bank BDO. When the malls are completed the b...

Chapter 2: Our Transformation Looking back, it was mid of 2007 Fely was already notified by her company that her job will be eliminated and thus her position will no longer exist. She was identified for early retirement. So before she actually reached her last day in office, we searched for guidance how we will be able to manage our finances. We bought and read books. We attended seminars and studied different business options. During this time I was still employed, and Fely was still receiving her monthly salary. There was not as much pressure to embark on a business at this time. November of that year, we decided to join a company named International Marketing Group-IMG. This is after we learned about it in Bro Bo Sanchez's Truly Rich Coaching Seminar. Our only motivation is for us to become the broker for all our financial services needs such as our investments, property insurance, and healthcare. We did not seriously consider yet any business as I was still employed and rece...