Financial Destinations Inc. (later FDI International) is a privately owned company, founded in 2003 and headquartered in Windham, New Hampshire. It was founded by William Andreoli, now CEO and President of the company.
Known in its very first years as a economic training company, FDI had the reported objective to “Stamp Out Financial Illiteracy Across the Country”. It was one of the organizations that utilized an mlm business model to give financial education and training. This particular training included issues along the lines of fiscal obligation, real estate, stock market speculation, cash flow operations – all of these were meant to train FDI members on their way to financial freedom.
Naturally, there was an income plan included too, where independent FDI reps could market FDI’s solutions and services and create residual income for themselves, as well as teach and lead their particular sales group or organization.
The FDI compensation model was determined by three streams of earnings:
1 – fast start bonuses, designed to repay FDI reps for private sales activity, which could double with the recruitment of three new distributors in any given calendar month;
2 – leadership bonus deals, which were determined by the growth of the group and got more substantial whenever a further leadership level was attained;
3- residual income, a monthly commission on every member of the team.The actual reason we are employing past tense here is that the corporation has been through serious changes. The owner of Financial Destinations Inc., William Andreoli, has teamed up with Kuba Fabiarz, owner of GIConnect, a 16-year old telecommunications corporation that’s said to have been functioning in 62 countries and also to have had more than 800,000 distributors….The result? FDI International, a company that aspires to be involved in 7 areas of telecom, as they say: landlines (home as well as business), wireless/cell, long-distance, worldwide telephone calls, calling cards, internet and corporate solutions.
Their particular strategy is to help their clients save 50% or more on their telephone expenses. Owning the international expertise of GIConnect, FDI International will be arranging to launch in 60 countries simultaneously. Their main product seems to be the FDIVoice (hands free and service), that allows you to transform voice messages to text messages – so that you can avoid texting when driving, as well as to make calls or even send e-mails by using voice commands, or have your e-mail read to you by means of a voice application. Additional products comprise affordable smart cell phones for their customers, that are exclusive to the corporation, Multi-line voice phones with world-wide connectivity, VideoPhones with connection to big-screen TV’s or pc screens and free of charge global phone calls between FDI Video Phones. Their long term plans incorporate assistance for calling when travelling by airplane. With these kinds of solutions they wish to acquire a market unparalleled before. They also intend to have no taxes on the phone bills and services, no credit checks and no tying agreements for their services.
As for the FDI International comp strategy, it resembles in a number of points the initial FDI strategy, but it seems to be greatly improved upon. They are promising now multiple earnings streams: apart from the currently known Quick Start and Double Fast Start Bonuses, a 50% Matching Fast Start Bonus, Advancement Bonuses, 4 levels of Matching Residual Income and that’s not all.FDI International is certainly full of promises. We will see if they can live up to them. As with any brand new organization (and even if the business is not new), you run certain risks, which is up to you if you want to assume. One definite thing is, however, that this kind of MLM venture cannot be conducted in the old school fashion. You’ll have to promote the opportunity on the net, by taking advantage of the power of the web to be able to grow your team, and so as to do this, you have to get very good online marketing tools and techniques. These aren’t easy to obtain, but not really difficult either, should you locate a competent marketing coach who is willing to lead you. And if you do get these kinds of on-line network marketing skills, you’ll be able to use them in the long run with any other MLM business that might peak your interest.