Financial Destinations Inc. (later FDI International) is known as a privately held corporation, founded in 2003 and headquartered in Windham, New Hampshire. It was started by William Andreoli, now CEO and President of the company.
Recognized in its very first years as being a monetary education company, FDI had the reported vision to “Stamp Out Financial Illiteracy Across the Country”. It was one of the organizations that utilized an mlm business model to give economic education and training. This particular education included issues along the lines of fiscal responsibility, real estate, stock market speculation, cash flow administration – all these were designed to inform FDI associates on their way to monetary freedom.
Naturally, there was an income opportunity attached as well, where independent FDI representatives could sell FDI’s solutions and services and generate residual earnings for themselves, as well as educate and guide their own sales group or organization.
The FDI compensation model was based on 3 streams of income: 1 – fast start bonus deals, designed to reward FDI representatives for private sales activity, that would double with the enrollment of three new representatives in any given calendar month; 2 – leadership bonuses, which were based on the growth of the group and got bigger when a different leadership level was attained; 3- residual earnings, a regular monthly commission on each and every member of the team.
The actual reason we are using past tense here is that the company has been subject to significant changes. The owner of Financial Destinations Inc., William Andreoli, has teamed up with Kuba Fabiarz, owner of GIConnect, a 16-year old telecommunications corporation which is said to have been operating in 62 countries and also to have had over 800,000 reps. The outcome? FDI International, a company that aims to get engaged in 7 areas of telecom, as they say: landlines (home as well as business), wireless/cell, long-distance, worldwide phone calls, calling cards, internet and corporate solutions.
Their particular plan will be to help their customers save 50% or more on their telephone bills. Having the global expertise of GIConnect, FDI International will be planning to start in 60 countries simultaneously. Their main product appears to be the FDIVoice (hands free and service), that makes it possible for you to transform voice communications to text messages – so that you can stop texting when driving, as well as to make calls or send e-mails using voice commands, or perhaps have your e-mail read to you via a voice application. Some other products include affordable smart cell phones for their clients, which are exclusive to the corporation, Multi-line voice telephones with world-wide connectivity, VideoPhones with connection to big-screen TV’s or pc monitors and free of charge international calls between FDI Video Phones. Their future plans incorporate assistance for calling when travelling via airplane. With these products and solutions they hope to get a market unparalleled before. They also aim to have no taxes on the telephone bills and services, no credit checks and no tying contracts for their services.
As for the FDI International comp plan, it resembles in some things the first FDI plan, but it appears to be significantly improved. They are boasting now several income 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 company (and even if the organization isn’t new), you run a number of risks, which is up to you if you wish to assume. One certain thing is, however, that such an MLM business can’t be carried out in the old school manner. You’ll need to promote the opportunity on the web, by taking advantage of the power of the internet to be able to expand your team, and to be able to do this, you have to get great online marketing tools and strategies. These will not be easy to obtain, but not really difficult either, when you find a skilled marketing advisor who is willing to advise you. And if you do get these kinds of on-line network marketing skills, you’ll be able to use them for the future with any other MLM organization that may peak your interest.
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