Financial Destinations Inc. (later FDI International) is known as a privately owned corporation, built in 2003 and headquartered in Windham, New Hampshire. It was built by William Andreoli, now CEO and President of the company.
Recognized in its first years as being a economic training company, FDI had the reported vision to "Stamp Out Financial Illiteracy Across the Country". It was one of the companies that utilized a multilevel marketing business model to give monetary education and training. This training incorporated issues such as fiscal responsibility, real estate, stock market speculation, cash flow administration - all these were designed to inform FDI associates on their way to financial independence.
Naturally, there was an income opportunity attached as well, by which independent FDI reps could sell FDI's solutions and services and create residual income for themselves, as well as train and guide their own sales team or organization.
The FDI compensation plan was based upon 3 streams of income: 1 - quick start bonuses, designed to repay FDI representatives for private product sales activity, which could double with the recruitment of three new representatives in any given calendar month; 2 - leadership bonus deals, that were based on the growth of the organization and got bigger whenever an additional leadership level was reached; 3- residual income, a monthly commission on each and every member of the team.
The reason we are using past tense here is that the company has gone through serious changes. The owner of Financial Destinations Inc., William Andreoli, has joined up with Kuba Fabiarz, owner of GIConnect, a 16-year old telecommunications company that's said to have been running in 62 countries as well as to have had over 800,000 distributors. The result? FDI International, a corporation that aims to be engaged in 7 areas of telecom, as they state: landlines (home and business), wireless/cell, long-distance, worldwide calls, calling cards, internet and corporate solutions.
Their strategy will be to help their buyers save 50% or more on their phone bills. Owning the global experience of GIConnect, FDI International will be arranging to launch in 60 countries simultaneously. Their main product appears to be the FDIVoice (hands free and service), which allows you to convert voice communications to written messages - so that you'll be able to stop texting when driving, as well as to make calls or even deliver e-mails by using voice commands, or perhaps have your e-mail read to you by means of a voice application. Other solutions include affordable smart cell phones for their buyers, that are exclusive to the corporation, Multi-line voice telephones with international connectivity, VideoPhones with connection to big-screen TV's or computer screens and cost-free international phone calls between FDI Video Phones. Their future plans incorporate assistance for calling while travelling via plane. With these kinds of products 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 also no tying contracts for their services.
With regard to the FDI International comp strategy, it resembles in some things the original FDI strategy, but it appears to be greatly improved. They are promising now several earnings streams: apart from the currently known Fast Start and Double Fast Start Bonuses, a 50% Matching Fast Start Bonus, Advancement Bonuses, 4 levels of Matching Residual Earnings and that's not all.
FDI International is indeed full of promises. Let's see if they can live up to them. As with any new organization (and even if the company is not new), you run a number of risks, which is up to you if you choose to assume. One sure thing is, however, that this kind of MLM business can not be carried out in the old school manner. You will have to promote the opportunity online, by taking advantage of the power of the web to be able to expand your own team, and so as to do this, you have to get great online marketing tools and strategies. These will not be easy to acquire, but not really difficult either, when you locate a competent marketing advisor who is willing to advise you. And if you do get these on-line network marketing skills, you can use them for the future with any other MLM business that may peak your interest.
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