INSPIRATION AND BIG PRIZES AT THE 2011 IFA MASS RALLY

On Saturday, 26 March 2011, close to 5000 IFAs and potential IFAs gathered at the 2011 IFA Mass Rally, at Ellis Park Arena. This prestigious annual event is the highlight of the IFA calendar and is where new bonuses and the competitions are launched, along with awards and prizes which were handed out.

According to Mthunzi Mbali, IFA Marketing Director, “The IFA Mass Rally gives IFAs a platform to be recognised for their hard work in front of their peers”. At a time when the country is putting emphasis on job creation, IFA celebrates the success of ordinary people who transform their lives through the IFA Business Opportunity.

This year’s event included appearances by brand ambassadors Lillian Dube and Desmond Dube.  Life coach and TV personality Zanele Mbokazi shared inspirational words with the IFAs and Theo Kgosinkwe of Mafikizolo and the Drum Café provided the entertainment. The highlight of the event was none other than ‘Mr. Lotto’, Nimrod Nkosi, doing what he does best, giving away the Founders competition prizes.

“We called out to IFAs across the country to come and be part of this big event. They came and left inspired, entertained and looking forward to the 2011 new bonuses, clubs and competitions,” concluded Mbali.

Earner Creator of the Year

The title of ‘Earner Creator of the Year’ will go to the Top 5 IFAs who have generated the most points as a result of creating New IFA Earners on the IFAs Level 1, 2 and 3 provided that the IFA created a minimum number of 15 New IFA Earners.

The New IFA Earners must never have earned IFA Earnings and their first IFA Earnings date must be a date from 20/03/2010 up to and including 20/02/2011.

Points will be allocated for creating IFA Earners as follows and will continue to be earned provided the IFA who has become an IFA Earner remains as an IFA earner:

• New IFA Earner on LEVEL 1 - 50 points
• New IFA Earner on LEVEL 2 - 27 points
• New IFA Earner on LEVEL 3 - 9 points

For every month that these IFA Earners continue to earn IFA Earnings, points will be allocated.

The IFA must be on a minimum Club status of Club 250 or a Platinum Club 100 to be eligible for this award. The final calculation will be done on 20 February 2011.

The Top 5 IFAs in this category will be invited to attend the international Direct Selling Association Conference in Miami, USA.

Should the Visa Application of a qualifying IFA be declined, for any reason, the prize may not be exchanged for Cash or anything in lieu of as the Award will be allocated in full to the next qualifying IFA in terms of the rules. Should the Qualifying IFA not be able to attend the conference for any reason, the prize will be allocated in full to the next qualifying IFA.

Top IFA Chairmans Forum Member

This award will go to the Top IFA Chairmans Forum Member by taking the following into account:

• Overall position at the end of the 2010-2011 IFA Incentive Conference period;
• Total Active Paid Policies (DOC 01.02.2010 (captured from 23/01/2010) up to and including DOC 01.02.2011 (with a Debit day of the 1st) on Level 1-3;
• Total Number of Policies referred (DOC 01.02.2010 (captured from 23/01/2010) up to and including DOC 01.02.2011 (with a Debit day of the 1st) on Level 1-3 and
• The IFA Chairmans Forum Member must have a minimum of at least 15 premium paying IFA Earning Key Appointments on 20 February 2011.
• The IFA Chairmans Forum Member must be on a minimum Club status of Club 10 000 on 20 February 2011.

Formula that will be used: Position * [1/ (Total Active paid policies / Total policies)]

Note: The lower the number calculated – the better. The Chairmans Forum Member with the lowest number after the Formula has been applied will be the winner of this award.

Top IFA Legend

This award will go to the Top IFA Legend by taking the following into account:

• Overall position at the end of the 2010-2011 IFA Incentive Conference period;
• Total Active Paid Policies (DOC 01.02.2010 (captured from 23/01/2010) up to and including DOC 01.02.2011 (with a Debit day of the 1st) on Level 1-3;
• Total Number of Policies referred (DOC 01.02.2010 (captured from 23/01/2010) up to and including DOC 01.02.2011 (with a Debit day of the 1st) on Level 1-3 and
• The IFA Legend must have a minimum of at least 15 premium paying IFA Earning Key Appointments on 20 February 2011.
• The IFA Legend must be on a minimum Club status of Club 7500 on 20 February 2011.

Formula that will be used: Position * [1/ (Total Active paid policies / Total policies)]

Note: The lower the number calculated – the better. The Legend with the lowest number after the Formula has been applied will be the winner of this award.

Top IFA Achiever

This award will go to the Top IFA Achiever by taking the following into account:

• Overall position at the end of the 2010-2011 IFA Incentive Conference period;
• Total Active Paid Policies (DOC 01.02.2010 (captured from 23/01/2010) up to and including DOC 01.02.2011 (with a Debit day of the 1st) on Level 1-3;
• Total Number of Policies referred (DOC 01.02.2010 (captured from 23/01/2010) up to and including DOC 01.02.2011 (with a Debit day of the 1st) on Level 1-3 and
• The IFA Achiever must have a minimum of at least 10 premium paying IFA Earning Key Appointments on 20 February 2011 and
• The IFA Achiever must be on a minimum Club status of Club 5000 on 20 February 2011.

Formula that will be used: Position * [1/ (Total Active paid policies / Total policies)]

Note: The lower the number calculated – the better. The Achiever with the lowest number after the Formula has been applied will be the winner of this award.

Top IFA Champion

This award will go to the Top IFA Champion by taking the following into account:

• Overall position at the end of the 2010-2011 IFA Incentive Conference period;
• Total Active Paid Policies (DOC 01.02.2010 (captured from 23/01/2010) up to and including DOC 01.02.2011 (with a Debit day of the 1st) on Level 1-3;
• Total Number of Policies referred (DOC 01.02.2010 (captured from 23/01/2010) up to and including DOC 01.02.2011 (with a Debit day of the 1st) on Level 1-3 and
• The IFA Champion must have a minimum of at least 5 premium paying IFA Earning Key Appointments on 20 February 2011 and
• The IFA Champion must be on a minimum Club status of Club 2500 on 20 February 2011.

Formula that will be used: Position * [1/ (Total Active paid policies / Total policies)]

Note: The lower the number calculated – the better. The Champion with the lowest number after the Formula has been applied will be the winner of this award.

Rising Star

This award will recognize the IFA who joined the IFA Business Opportunity with an IFA Join date from 01 February 2007 up to and including 31 December 2010 who qualifies within the Top 500 Point earners in the 2010-2011

Incentive Conference on 20 February 2011

The criteria will be based on:

1. The IFA with the highest increase in IFA Earnings over the 2010-2011 Incentive Conference period as at 20 February 2010. IFA Earnings will be defined as IFA Nett Earnings (IFA Gross Earnings minus IFA Unmet Earnings). The highest increase will be calculated by taking the IFAs Nett Earnings as at 20 February 2011and subtracting the IFA Nett Earnings as at 20 March 2010. The IFA with the highest increase in Rand Value will be the winner.
2. The IFA has to have reached a minimum of 5 new Key Appointment IFA Earners by the end of the qualifying period

*IFA Legends and Achievers are NOT eligible to participate in this category.

Top Earner

This award is based on the IFA that earns the highest amount of Earnings throughout the period 20 March 2010 up to and including 20 February 2011.

Earnings will be measured by taking the following payments into account:

1. Total Nett earnings
2. Nett earnings = Gross earnings minus Unmet earnings) paid from 20/03/2010 – 20/02/2011
3. Monthly Club bonuses (Club 27 up to and including Club 15 000) paid from 20/03/2010 – 20/02/2011
4. Management Profit Share paid from 20/03/2010 – 20/02/2011
5. You Can bonus paid from 20/03/2010 – 20/02/2011
6. Club 10 bonus paid from 20/03/2010 – 20/02/2011
7. Business Building bonus paid from 20/03/2010 – 20/02/2011
8. Earnings Creator bonus paid from 20/03/2010 – 20/02/2011
9. Club 5 bonus paid from 20/03/2010 – 20/02/2011
10. Club 17 bonus paid from 20/03/2010 – 20/02/2011
11. Any other bonus as introduced by the IFA Division from 20/03/2010 – 20/02/2011

The following will be EXCLUDED from the above calculation:

i. Any Presenters Allowances paid from 20/03/2010 – 20/02/2011
ii. Any Achiever / Legend monthly Retainer paid from 20/03/2010 – 20/02/2011
iii. Any Loyalty Bonus paid from 20/03/2010 – 20/02/2011

*IFA Legends and Achievers are eligible to participate in this category.

Quality Award

This award honours the IFA who refers the highest level of quality business with any of the following DOC’s: DOC 01.02.2010 (captured from 23/01/2010) up to and including DOC 01.02.2011 (with a Debit day of 01).

The quality is calculated by dividing the Total number of Active Paid New Business policies with the Total number of New Business policies referred by the IFA on their first 3 Levels.

The IFA must refer a minimum of 350 New Business policies on their Level 1-3. These New Business policies may have any DOC from 01.02.2010 (captured from 23/01/2010) up to and including DOC 01.02.2011 (with a Debit day of the 1st).

*IFA Legends and Achievers are NOT eligible to participate in this category.

Top Points Award

Awards the IFA that earns the highest amount of Total Points at the end of the 2011 IFA Incentive Conference period ending 20 February 2011.

The qualifying period will be calculated as from and including Earnings Payment Date 20/03/2010 up to and including Earnings Payment Date 20/02/2011. All Points will be finalised on the 20th of February 2011, thus taking into account any Business with a Date of Commencement of 01/02/2011 with a debit day of the 1st.

The IFA Point Earner must be on a minimum Club status of Club 1000 or a Platinum Club 750 and have at least 15 premium paying IFA Earning Key Appointments on 20 February 2011. The IFA Point earners also needs to have generated a minimum of 30 000 points.

*IFA Legends and Achievers are NOT eligible to participate in this category.

Top Fast Starter

Awards the Fast Starter IFA that earns the highest amount of Total Points at the end of the 2010-2011 IFA Incentive Conference period - 20/02/2011.

All IFAs that join the IFA Network with a first DOC from 01 March 2010 will be eligible to compete within the Fast Starters category.

The qualifying period will be calculated as from and including Earnings Payment Date 20/08/2010 up to and including Earnings Payment Date 20/02/2011. All Points will be finalised on the 20th of February 2011, thus taking into account any Business with a Date of Commencement of 01/02/2011 with a debit day of the 1st.

Should the Fast Starter qualify for the 2010-2011 IFA Incentive Conference in the Top 25 Point Earners category, they will not be eligible for qualification under the Fast Starter category.

For the Fast Starter to qualify, a minimum club status of Club 100 must have been reached and they must have at least 5 premium paying IFA Earning Key Appointments on 20 February 2011. The IFA Fast Starter also needs to have generated a minimum of 10 000 points.

Couple of the Year

The Couple of the Year award will recognise the Couple in the IFA Network that as a ‘couple’ earned the greatest number of Total Points at the end of the 2010-2011 IFA Incentive Conference period on 20 February 2011.

In order to qualify in this category, both members must have qualified within the Top 500 Point Earners on the 20th of February 2011 and between them, have a minimum Club status of Club 750 with at least 12 premium paying IFA Earning Key Appointments or a Platinum Club 500.

*IFA Legends and Achievers are NOT eligible to participate in this category.

Distributor of the Year

The Top Distributor of the Year will be the IFA Distributor with the highest amount of Marketing Materials purchased during February 2010 up to and including January 2011. The IFA Distributor’s account on all Marketing Materials purchased must be settled within 60 days during this period.

The IFA Distributor must also achieve a minimum club status of Club 250 to be eligible for this award.

*IFA Legends and Achievers are NOT eligible to participate in this category.

Presenter of the Year

The Presenter of the Year award is designed to acknowledge the most ‘Productive’ presenter during the qualifying period which runs from February 2010 up to and including January 2011 the following year. The competition is designed to recognize hard working IFA Presenters’ through public recognition at the IFA National Awards. Both National and Regional recognition is awarded.

Criteria to qualify:

1. Number of New People Presented To
2. Quality (Assessment average must be 80% and above)
3. No Compliance Issues Raised
4. Training
5. Minimum IFA Club must be achieved

This means that recognition will go to the Person with the highest number of New People presented to but they must still satisfy the Quality / Compliance, Training and Minimum Club criteria.

For IFA Presenters residing in Gauteng or Durban only:
The IFA Presenter must be on a minimum Club status of Club 500 to be eligible for this award.

For IFA Presenters residing in all other provinces and the remainder of KwaZulu Natal:
The IFA Presenter must be on a minimum Club status of Club 250 to be eligible for this award.

*IFA Legends and Achievers are NOT eligible to participate in this category.

Network Marketer of the Year

The IFA must have attended at least 3 training sessions during the Qualification Period. They will be ranked according to the number of New IFA Earners created at Key Appointment level first. They also need to create New IFA Earners on Level 1 – 3. A minimum of 7 New Earners on Level 1 and 15 New Earners on Level 1 – 3 is required.

The IFA needs to introduce a minimum of 10 New Active IFAs at Key Appointment Level by the end of the qualifying period. The IFAs entire network also needs to show growth in total policy count from Levels 1 – 6. This will be calculated by taking the Policy count at the beginning of the qualifying period and then the Policy count at the end of the qualifying period to determine the Nett Growth of the Business. The IFA must have created a minimum of 5 New Club 27’s on their Levels 1 – 3 during the qualification period.

Rudy Sadie Award

This Award will recognize the IFA who builds the correct structure within his network. The IFA needs to teach his network to build a Structure in the form of Club 27 and the more he builds in his network the better quality and sustainability he will have. The person who creates the most new Club 27 qualifiers on Level 1 – 3 will qualify for this award.

Chairman’s Forum

The Top 5 Legends at the end of the Qualifying period – 20/02/2011 – based on cumulative earnings – will be elected to be part of the Chairman’s Forum. Cumulative earnings will be taken from IFA Earnings Payment date 20/03/2010 up to and including IFA earning payment date 20/02/2011. In order for them to qualify for this forum they need to have achieved a minimum Club status of Club 10 000 and have at least 15 IFA Earning Key Appointments and have sat on the Legends Forum for a minimum of 3 sittings. Cumulative earnings will be limited to Earnings, Clubs and bonus payments. Payments of Presenters Allowances and Loyalty Bonus payments will not be included.

Legends Forum

The Legends Forum will consist of the Top Earning IFAs based on cumulative earnings for the qualification period. Cumulative earnings will be taken from IFA Earnings Payment date 20/03/2010 up to and including IFA earning payment date 20/02/2011. In order for them to qualify for this forum they need to have achieved a minimum Club status of Club 7500 and have at least 15 IFA Earning Key Appointments and have sat on the Achievers Forum for a minimum of 3 sittings. Cumulative earnings will be limited to Earnings, Clubs and bonus payments. Payments of Presenters Allowances and Loyalty Bonus payments will not be included.

Achievers Forum

The Achievers Forum will consist of the Top 10 Earning IFAs based on cumulative earnings for the qualification period after the Legends have been nominated. Cumulative earnings will be taken from IFA Earnings Payment date 20/03/2010 up to and including IFA earning payment date 20/02/2011. In order for them to qualify for this forum they need to have achieved a minimum Club status of Club 5000 and have at least 10 IFA Earning Key Appointments. Cumulative earnings will be limited to Earnings, Clubs and bonus payments. Payments of Presenters Allowances and Loyalty Bonus payments will not be included.

Champions Forum

The next Top 10 after the nomination of the Achievers Forum would qualify as the Champions Forum. The IFA needs to achieve a minimum Club status of Club 2500 and have 5 IFA Earning Key Appointments. This will also be based on cumulative earnings for the qualification period for IFA Earnings Payment date 20/03/2010 up to and including IFA earnings payment date 20/02/2011. Cumulative earnings will be limited to Earnings, Clubs and bonus payments. Payments of Presenters Allowances and Loyalty Bonus payments will not be included.