Where do you want to be in five years?

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Have you ever been approached for an 'amazing' business/income opportunity? Have you ever been asked where you want to be in five years?

I read that the Lyoness cash back discount percentage has been reduced to 1-2% (or maybe the 3-4% claim was always a lie). Considering the earlier calculations on this blog, this has quite the effect on the expected returns. The following things were concluded on Lyoness earlier:

Lyoness turnover 2012 (Gerhard Huber): €1,000,000,000
Lyoness total shopping: €300,000,000
Lyoness profit percentage on shopping: 1%
Lyoness shopping turnover 2012: €3,000,000
Lyoness participants: 2,700,000

Average shopping Lyoness member: €111
Average cash back percentage: 1-2%
Average annual cash back per member: €1.11-€2.22 (that's right, two euros and twenty-two cents)

Minimum withdrawal amount: €10

Based on those numbers it can be concluded that in order to receive the first returns from the 'free' shopping card, one will have to wait about 5 to 10 years.

Where do you want to be in five years?

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