07up - approximately 110,000,000 individuals subscribe to one or more Network Marketing Companies.
Many do it as a primary living and many are beginning to do it as a secondary source of income.
$9.99 per month is the price of the Planet Fitness membership that many have but rarely use. That same $9.99 could return many times that multiple with Tagg by VERB.
100,000,000 individuals selling in this vertical. 1% is 1,000,000 people at $9.99 + $19.99 Activation = $29,980,000 per month or $139,870,000 per annum. IMO penetration will be much higher because of Sound Concepts Bright Tools customer base is already 510,000 and 28 MLM’s who will want higher sales.
Key metrics being 100,000,000 people and $9.99 per month + $19.99 Initial Activation
- 1% penetration is $139,870,000 per year revenue
- 2% penetration is $279,740,000 per year revenue
- 3% penetration is $419,610,000 per year revenue
- 4% penetration is $559,480,000 per year revenue
This is just one vertical Rory and team VERB has in their arsenal. They already have over 550,000 subscribers.
Rory and team are executing big time.
Rory’s pivot of Telx, from prepaid phone card company to telecommunications disruptor and subsequent $216,000,000 sale in a mere 6 years, was incredible.
Rory’s pivot of bBooth, from disruptive entertainment technology startup to VERB, the worlds first and only interactive video CRM/social media platform is historic, and will completely dwarf Telx by many multiples.
Rory did not come this far, to only come this far.
Other recent firsts for Rory too:
1) Rory has created another “of new cloth” firsts, the High Performance Investor (HPI).
This new form of investor is not the static investors of the past like commonly known, but a new breed of investors who;
- Completely align with their investment though immense due diligence;
- Seek and secure business opportunities for their respective investments management team;
- Are ambassadors of the market place/investor relations message, pushing it out to others vs simply receiving it from management.
2) Rory has redefined the term Unicorn ($1 Billion startup). He’s actually created a new subcategory of Unicorn.
What’s better than a Unicorn? How about a Unicorn that can fly like a Pegasus? Unicorn + Pegasus = Uniasus
Uniasus - most valuable pre-revenue startup companies that dwarf others in the category of Unicorns - top .01% and have estimated value well beyond $1 Billion dollars.
