A Better Option - Too right !

Tonight BBC1 Panorama highlighted the following points:

1) Many savers who have their money in banks and Building
Societies have seen the return on their money drop some 80% in the
last 9 months, as the base rate has dropped.
2) Many who thought their pension funds were doing well, are
staggered to learn that some are down 60% or more in value.
3) Those that thought they were going to retire at 65 are now
having to look towards 70-75 as they do not have enough money in
their projected pensions to live on.
4) Many invested in overseas property and shares to spread
the risk ? results: Spanish property down about 40%, UK property
down about 20%, shares down approximately 30% (Except ours)
5) 91% of the private sector pensions are in deficit
6) The average private pension pot has £25,000 in which would
pay about £1,800 a year in income.


There is a massive market for us to target out there, people
within 15 years of 65 must be absolute prime targets to benefit
from our great opportunity!!

Wayne showed us in January at the kick off events that if an
individual just gathered 1 customer a month, at the end of the
second year they would have earned CVC of £1,901. Only having to
invest £199.75 not £25,000, and have a chance to get their money
back!! Now surely that must be a much better proposition than to
hope that the fund manager of their pension will do brilliantly
well over the coming years, or wait for any government in power to
decide to help the savers or those approaching retirement!!

The FUTURE is BRIGHT the FUTURE is PURPLE!!

If want to be in control of your future call Juswant Rai right now on 07917 105134 or email him on info@thefutureispurple.com

http://www.thefutureispurple.com

Utility Warehouse (Telecom Plus) Financial Times Company Of The Year

By any measure, a FTSE 250 business that is doubling revenues annually is remarkable; to be doing so in the utility sector, by definition mature, is all the more astonishing.

Clearly,Telecom Plus, winner of the Company of the Year award, has found an original and effective business model.

The company, where Charles Wigoder, the chief executive, and his family and friends acquired control in 1998, six months after its foundation, is unique in the UK market in offering mobile and fixed telephony, broadband and gas and electricity services to its customers on a single bill.

It does not advertise. Rather, new households are recruited to its Utility Warehouse Discount Club by a network of more than 4,000 distributors who are existing users. These word-of-mouth customer ambassadors receive a tiny percentage of the bills paid by every new customer they recruit, in perpetuity, so retain a strong interest in ensuring ongoing customer satisfaction.

Their task is facilitated by a string of plaudits from consumer watchdog magazine Which? which says Telecom Plus is the best household provider of broadband, fixed telephony and energy in the UK.

It buys bulk telecoms capacity at wholesale prices in an oversupplied market and gets its energy from producer Npower, under a deal that transfers the risk of price fluctuations to the provider. In addition, he company supplies businesses, mainly small companies, brought in by its distributors.

It benefits from a tougher economic climate in several ways, says Mr Wigoder. "Many casual jobs no longer exist, overtime opportunities are no longer there, work hours are reduced, so we are seeing record numbers of new distributors looking to top up their income. Meantime, consumers are keener to grasp opportunities to shave household bills, and improve visibility over their outgoings.

In the year to March 2008, Telecom Plus, which is debt-free, achieved revenues of £186m ($ and net profits of £11.9m. By September last year, it had 227,384 household customers, up 19,000 since end-March, and trends have since accelerated.

The latest spur comes from its CashBack MasterCard, a chargeable payment card which helps households economise. Using the card for purchases at retail chains such as J Sainsbury and Boots gives household a 5 per cent discount offset against their Telecom Plus bills.

Mr Wigoder says the biggest challenge is managing the pace of growth and underpinning it with flawless IT systems. But he has experience. He previously founded the Peoples Phone Company, a virtual operator, which he built from 100,000 customers to 400,000 within 18 months before selling it to Vodafone in 1996.

Since Mr Wigoder and associates control a majority of the equity, "we are looking to create long-term shareholder value rather than near-term management bonuses," he says. "There is a clear alignment between management and shareholder interests."

The FUTURE is BRIGHT the FUTURE is PURPLE!!

If want to be in control of your future call Juswant Rai right now on 07917 105134 or email him on info@thefutureispurple.com

http://www.thefutureispurple.com