Financial Destinations Inc. (later FDI International) is a privately owned company, founded in 2003 and headquartered in Windham, New Hampshire. It was started by William Andreoli, now CEO and President of the company.
Known in its very first years as being a monetary education company, FDI had the reported mission to "Stamp Out Financial Illiteracy Across the Country". It was one of the businesses that utilized a network marketing business model to offer monetary education and training. This kind of training incorporated issues like financial responsibility, real estate, stock market speculation, cashflow administration - all of these were supposed to train FDI associates on their way to monetary freedom.
Obviously, there was an income program attached as well, where independent FDI representatives could sell FDI's solutions and services and produce residual income for themselves, as well as train and guide their particular sales group or organization.
The FDI compensation plan was determined by three streams of earnings: 1 - fast start bonuses, made to reward FDI distributors for private sales activity, which would double with the enrollment of 3 new reps in any given calendar month; 2 - leadership bonus deals, which were based on the growth of the organization and got bigger whenever an additional leadership level was attained; 3- residual income, a monthly commission on each member of the team.
The actual reason we are using past tense here is that the company has been through serious changes. The owner of Financial Destinations Inc., William Andreoli, has teamed up with Kuba Fabiarz, owner of GIConnect, a 16-year old telecom company which is said to have been running in 62 countries and also to have had more than 800,000 representatives. ...The result? FDI International, a corporation that aspires to get involved in 7 areas of telecom, as they state: landlines (home and business), wireless/cell, long-distance, global calling, calling cards, internet and corporate solutions.
Their particular plan is to help their buyers save 50% or more on their telephone bills. Owning the international practical experience of GIConnect, FDI International is planning to start in 60 countries concomitantly. Their primary product seems to be the FDIVoice (hands free and service), which makes it possible for you to convert voice communications to written messages - so that you'll be able to stop texting when driving, as well as to make phone calls or even send e-mails with voice commands, or have your e-mail read to you via a voice application. Other products comprise affordable smart phones for their clients, which are exclusive to the company, Multi-line voice telephones with world-wide connectivity, VideoPhones with connection to big-screen TV's or pc screens as well as free international phone calls between FDI Video Phones. Their long term plans incorporate assistance for calling while travelling via plane. With these kinds of 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 also no tying agreements for their services.
With regard to the FDI International comp plan, it resembles in some things the initial FDI plan, but it seems to be greatly improved. They are offering now multiple earnings streams: apart from the already known Fast Start and Double Fast Start Bonuses, a 50% Matching Fast Start Bonus, Advancement Bonuses, 4 levels of Matching Residual Income and that is not all.
FDI International is certainly full of promises. We will see if they can live up to them. As with any brand new company (and even if the company is not new), you run a number of risks, which is up to you if you want to assume. One definite thing is, nevertheless, that this kind of MLM venture can't be conducted in the classic manner. You will have to promote the opportunity on the net, by taking advantage of the power of the internet to expand your team, and to be able to do this, you have to have excellent online marketing tools and strategies. These are not easy to obtain, but not really difficult either, if you find a qualified marketing mentor who is willing to lead you. And if you do acquire these on-line network marketing skills, you'll be able to use them for the future with any other MLM internet business that may peak your interest.
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