Eugene Schueller start a business as well as from his job as a chemist. As a young chemist, he managed to create an innovative formula for hair dye he calls the “aureole”. Then Schueller founded the company called “Societe de Teentures Inoffensives Franncaise pour Cheveux” in the year 1909, which eventually became “L’Oreal”. Schueller principles used to achieve success is to research and innovation which focuses on beauty. Starting from a small company and he himself as a chemical expert, just 11 years later adds three alchemists and chemists are now approaching 2000 are employed. Schueller was initially sold its products to the hairdresser in Paris. Five years later, L’Oreal products have been found in the Netherlands, Austria and Italy. Several years later, through its representative agents and distribute to the United States, Russia and Asia. Now L’Oreal products have been present throughout the world and L’Oreal, including that of the most admirable companies in France and an amazing 23 world ranked by Fortune magazine version.

From his job as a teacher in high school, from the village of Mr, Tatang Marta Handapherang, District Handapherang, Ciamis regency, West Java to start a business with waste wood to make a wide range of souvenirs. Waste from mahogany, pine, palm trunks sonokeling until watches can be boxes, sticks, small flower vases, wall clock shaped watches, jars, place matches, bowls, spoon the soup until the pencil desk. He just wants to waste wood that have been treated poorly, it can be more useful. At first Mr.Tatang start this business by the community and her fellow teachers. Even thought the requesting donations when Mr Tatang search for the remains of wood from factory to factory, and gazing with a strange look and was called “Mang” by those factories. After knowing Mr. Tatang was a teacher, new people are calling to apologize and replace it with “sir”. But the toughest and longest problem faced by Mr. Tatang is a marketing problem. “Souvenir from a small village who want to buy?. Would be brought to the city I have yet to have a friend who has a shop or showroom to display my goods. More unlikely again I try to sell around like selling fish or vegetables “said Mr. Tatang. Eventually he joined the show and left a business card on his fellow craftsmen / entrepreneurs who met at the exhibition. “Thank God, that’s where the buyers finally began more as a way to escape from the marketing problem” said Mr Tatang. Than just interested in the exhibition finally they invite cooperation and even eventually find agents who market their goods abroad. That was the beginning of the most successful businesses, laughed at and being looked at with a cynical view. Now the goods made by Mr. Tatang enthused not only domestically, but to foreign countries, such as America, Japan, Korea, Australia, Singapore to the Middle East.

State Foreign Exchange Administration Bureau (SAFE) does not give any explanation to such exchange will be allocated. Government of China has not confirmed will change the type of asset allocation and currency to be used.

Previously, the Government of China had announced that their investments in Europe a key market for the fund is currently investing their wealth. The economists estimate, China invested 65 percent-70 percent of their funds in the form of United States dollars, while 20 percent-25 percent of the rest in euros.

“China will adopt a prudent and active principles in managing their wealth,” SAFE said in his statement on the website.

Description is made when Foreign Minister Qin Gang said that the government need not be too worried about the debt they hold. The statement is a comment on the statement made by the U.S. Senate, who asked Obama and his cabinet to check and manage the risks of U.S. foreign debt.

“It should not be politicized,” said Qin. He affirmed that anyone who sells bonds must comply with prevailing market

In the first quarter during the period January to March this year, took out a cigarette category amounted to Rp 377 billion for advertising spending or increased 8 percent compared with same period last year.

This was revealed in the data Nielsen Advertising Services that perform monitoring of 103 newspaper ads, 165 magazine and tabloid, as well as 24 television stations.

“Although a lot of rules and restrictions, cigarette advertising has increased significantly in the first quarter of this year,” Ika said Jatmikasari, Associate Director, Nielsen Media Indonesia, on the sidelines of a press conference at his office, Mayapada Tower, Jakarta, Tuesday (20 / 4 / 2010). This ad spending data without calculating discounts, promotions, or discounts given by media to advertisers.

Ika explained, the category of cigarette advertising spending amounted to Rp 351 billion, up 12 percent compared with same period last year just Rp 313 billion.

Tobacco products the most widely advertise at the beginning of this year is the International Gudang Garam with advertising expenditure amounted to USD 75 billion or increased by 1775 per cent compared with last year in the same period is only USD 4 billion. On television, these products spend USD 73 billion for advertising expenditure and beat Clear Anti-Dandruff products which last year numbered advertise aggressively.

“This creativity Gudang Garam International for presenting advertisements on television without violating the rules made KPI (Indonesian Broadcasting Commission),” said Ika.

As I promised, this edition focuses on the discussion of the estimated financial resources in old age as well as tips for identifying the funding shortage of funds with various funding sources available. Although it seems simple, there are systematic steps you should take to ensure a happy old age.

Prepare the Source of Funds

To facilitate your understanding about the methodology of calculation of income in old age, I will present illustrations Sasongko Pak family (quoted from the Old Days Planning Module Book Courses Certified Financial Planner).

Mr. Sasongko (in her 30s) has two teenage children. Husband and wife in this family is quite successful in their respective careers and they run a simple lifestyle. Both their income approximately Rp10 million per month before taxes.

They agreed to stop working at age 60 years (30 years). They want to have living standards that are simple, comfortable, but there is a certainty to finance their spending in retirement.

Furthermore, Mr. Sasongko need to make estimates about the needs of old age, and initial step is to estimate household expenditure when they retire.

Based on the records of income and balance sheet monthly household expenditures, household expenditures for Rp7 million per month. At retirement, their obligation to pay the mortgage (mortgage) has been completed and two beloved children no longer live with them.

Because some expense items reduced, Mr. Sasongko estimate that they only require 80 percent of the current financial expenditure to be able to have an adequate standard of living.

Thus, in later retirement years, Mr. Sasongko know that their life needs Rp5, 6 million per month or Rp67, 2 million per year. What next? They must find the source of funds for survival in the old days when they were not earning more.

Currently they already have two sources of income for such designation, the product of the Social Security savings accounts and life insurance programs they already have since several years ago.

In total premium benefits from both these sources could eventually provide income amounted to Rp50 million per year. Fortunately, they already have life insurance savings products so there is certainty of income sources in the old days later.

Based on the estimated quantities Sasongko Pak family needs in old age (Rp67, 2 million per year), there is a shortage of funds amounting to Rp17, 2 million per year in order to achieve their desired standard of living.

In addition, due to inflation, the shortfall will become greater. If their spending affected by inflation of seven percent per year, for example, means a total lack of funds will be Rp130.931.560 ballooned within 30 years (the amount calculated using the Future Value Table).

That is why, Mr. Sasongko need to calculate the amount of financial resources in the old days so they can finance the projected shortage of tersebut.Untuk find out how much money they need to collect, they first had to estimate the level of investment returns they can get at retirement will be.

This figure shows how much the funds they need at retirement so they could meet the shortage of funds that had previously predicted. When the results of investment amounting to eight percent per year, for example, means the family of Pak Sasongko needs capital for Rp1.636.644.500 when they retire.

This figure is obtained from the division between the magnitude of the lack of funds (Rp130.931.560) with investment income level (eight percent). During their funding of capital (Rp1.636.644.500) is not touched, the accumulated amount will provide an annual income as they need (Rp67, 2 million per year).

So, Family Pak Sasongko can know that they need the accumulated funds of Rp1.636.644.500 at retirement. Where does the need for these funds can be obtained?

The next step, Mr. Sasongko need to know the amount of funds they must set aside each month in order to achieve the target of accumulated funds. For example, the rate of investment return their funds amounting to 12 percent per year and the long investment period of 30 years.

Based on the calculation of compound interest factor to the Table for Future Value of annuity factor, the investment results obtained by the range factor of 241 333.

Thus, the amount of funds they need to set aside is Rp6.781.685 per year (or Rp565.150 per month). This quantity obtained from the division between the accumulation of funds that they need at retirement (Rp1.636.644.500) with the amount of investment yield (241 333).

That is, they must set aside funds Rp6.781.685 per year and this should result in savings interest rate of 12 percent per year so that the target of accumulated funds in the old days can be realized? Based on these illustrations, you can understand step by step what to do in financial planning in the old days.

More importantly, you’ve seen how important financial planning for old age! To accommodate the large accumulation of funds that you need later, you can equip themselves with life insurance savings products are designed so that you can get a guaranteed income which would, as surely as the standard of life you want later. Such planning requires an insurance agent and trained experts.

Within this context, involve a professional life insurance agent to discuss and design a financial planning program for the welfare of the old days you and your family.

MAIN DUTIES MLM

A) SELLING

1. MLM is a product distribution system. Gains of the profit are the result of the company or product sales. Without sales, no profits and revenues. WE have to understand that MLM sales differ from conventional sales, namely:
- MLM, we sell products with the knowledge and awareness. Electronic and print media do not help us, the consumer will understand and be interested only of our invitation.
- Conventional only require sales skills without the need to sell the ‘product knowledge’ to the customer. Promotion of the products have been made through the ads that have been issued by the company.
2. Sell labor and improve achievement.
3. Sell a Collection / Go! Team work better than the individual.
4. Sell means to spread information  about the product.

B) invites AND TEACHING

Most people will only invite but forgot to teach responsibility. Inviting and teaching is actually sponsoring the right tactics. So the relationship is very important gathering. Motto: “LEARN WHAT WE DO NOT KNOW AND TEACH WHAT WE KNOW.”

Processes and Mechanisms invite:
1. Should not invite those who have already entered.
2. NO may be forced. To join should have an awareness and understanding first.
3. There is no element of fraud.

2 (two) invites Method:
1. Through the introduction of the product. After gaining the benefits of the product became interested with this business.
2. Telling this business opportunity:
- Generally Business MLM is a “People Business”.
- When asked should need to be taught / educated.

Teach the techniques as follows:
1. Selling Techniques.
2. Presentation techniques.
3. Introducing Engineering Products.
If you wanted to succeed then your down line a success first.

C) BUILD ORGANIZATIONS

- Building the organization done after the sell, asking and teaching.
- Tricks organization is ‘Cooperation / teamwork’. Organizations must be constructed so as not to grow wild so it does not achieve optimal results. MLM organizations have built a deep and broad.
- More and deeper, stronger and stronger organization.
- More and widened the more widespread coverage and our organization great.
- So we should work in both directions in order to get optimal results.
- Work to build this organization should be done every time.
- Leaders must not stand idly by and assume that until one day we can sleep and only get a bonus.

D) DO DIRECTIONS
- Perform coaching conducted after the organization was formed. Like a plant after planting, it is necessary to keep the weeds do not grow.
- Development of a series intended to continue in a conscious state is not affected by other MLM.
- Here there is an cooperative element, in accordance with the teachings of Islam ‘is not perfect one’s faith before he loved his brother as he loves himself. ”
- The strong relationship between the networks is the mark of success for running MLM business.
- The higher the achievement of each personal in the series will reach the higher bonus.
- Because in here the coaching prefer the motivation and enthusiasm, then the meeting is the most effective manner.
- Hold a meeting and discussion.
- Small group meetings to solve problems and make a new plan.
- A large group meeting is intended to announce the achievement distributors to deliver a presentation about its success. Currently used to provide awards for his achievements.
- Without MLM business meeting will die and the network will continue to disappear.

How to make directions:
1. Keep in touch. Just ‘Say hello’, visiting each other to find out about their achievements in the MLM business.
2. Doing “Monitoring” or monitoring. Remember! Do not have an impression made, ordered, or force, still in order to offer assistance.
3. If drawn, lost motivation, quickly gave injections of vitamin motivation.
4. “Reward” or appreciation, even if just a pat on the back, speech recognition or praise:

How to make a motivation:
1. Provide examples of exemplary ‘leader’.
2. Shall guide and assist its members to reach personal targets. Each distributor makes the target, adjusted for the abilities and expectations.

Way of doing Motivation:
- Following the events MLM not for fun, but should rather work hard work ‘smarter’.
- MLM is a business opportunity with the work directed, effective work time.
- Wherever located, in towns, villages, plane, he must do this business.
- Every moment Think the ways or the method for taking and selling new products.
- No results without work.

MLM = Meet, Learn, and Multiply.