4. If you cut your costs by
getting 10 people, why
wouldn’t the people you
sign up do the same
thing?
-Cuts their cost
-Fastrack bonus
-5 months for free
5. Assumptions:
Everyone is on ADP
Everyone recruits 10
people
New set of 10 join each
month
Time span: 5 months
6. Working Income $80,000.00 Business Income $80,000.00
Example Federal Tax $20,800.00 Federal Tax $10,496.00
Provincial Tax $8,928.00 Provincial Tax $4,400.00
RRSP Contribution $0.00 RRSP Contribution $0.00
Business vs. Work Yearly net salary $50,272.00 Yearly net Revenue $65,104.00
Net Monthly Income $4,189.33 Monthly Revenue* $6,666.67
Bills (monthly) $2,800.00 Bills (monthly)+RRSP $2,800.00
$1,389.33 $3,866.67
Federal Tax* $507.31
Provincial Tax* $212.67
$3,146.69
Breakdown Breakdown
Income ratios Income ratios
Net Weekly Earnings $966.77 Net Weekly Earnings $1,252.00
Net Daily Earnings $137.73 Net Daily Earnings $178.37
3
(Tax Bracket) (Tax Bracket)
'Real' Income 'Real' Income
Income hourly (8hrs) $24.17 Income hourly (8hrs) $31.30
Bill Expense (8hrs) $16.15 Bill Expense (8hrs) $16.15
Real Hourly Wage $8.02 Real Hourly Wage $15.15
Real Daily Income $64.12 Real Daily Income $121.17
Real Monthly Income $1,389.33 Real Monthly Income $2,625.33
Real Yearly Income $16,672.00 Real Yearly Income $31,504.00