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View Full Version : Investors Wanted for a Referral Marketing Company


JoefromPhilly
04-02-2005, 03:32 PM
Greetings,

I am looking to clone a company that helps people eliminate their mortgage through a referral marketing program. Now, before you start with the "MLM" scam stuff, I know that this program has really taken off and that the company gets to keep one-half of one mortgage or rent payment of each member. There are already hundreds of members in just a few short months.

I can clone this business if I had some investment capital, mainly for the programming and web development needed to manage the business. I am in this other company's program myself, and I have personally generated 10 referrals in 5 weeks, and two of my referrals already have 2 of their own.

For those with a vision, this is a low-risk way to create a huge network marketing company. I would need about $50,000 in capital to get this business to the point where it could start signing up members.

If interested, send me an email and I will discuss this with you in private.

- Joe
JoefromPhilly@aol.com

Dan Auito
04-02-2005, 04:27 PM
Nothing against your post here Joe. It just gives me an opportunity to ask everyone what their general thoughts and concerns are regarding this type of program and offer. Folks if you would be so kind as to take the poll! :SM117:

LeadingEdge
04-07-2005, 03:43 AM
Greetings,

I am looking to clone a company that helps people eliminate their mortgage through a referral marketing program. Now, before you start with the "MLM" scam stuff, I know that this program has really taken off and that the company gets to keep one-half of one mortgage or rent payment of each member. There are already hundreds of members in just a few short months.

I can clone this business if I had some investment capital, mainly for the programming and web development needed to manage the business. I am in this other company's program myself, and I have personally generated 10 referrals in 5 weeks, and two of my referrals already have 2 of their own.

For those with a vision, this is a low-risk way to create a huge network marketing company. I would need about $50,000 in capital to get this business to the point where it could start signing up members.

If interested, send me an email and I will discuss this with you in private.

- Joe
JoefromPhilly@aol.com

I am new so bare with this as I am not one for MLM's or that. I personally dont like the sound of what you have described and thats a heck of a starting point. Now try to sell me when the door has already closed I am giving you ample oppertunity.

I am in the advertisng marketing field with a company. I dont see how YOU or the investors are not the only ones who reap the benfits from this. That being said explain how this is any different than a typical old school airplane pyramid scheme???? MLM?? AMWAY ?? Refferal Based program where the last guy on board is the guy holding the bag losing his shirt??????

Anything that can be copyrighted tardemarked and patented which can be copied as it is working will not have too many holes open for a guy to act on without any legal recourse.

This is only my opinion and will listen to more to be open minded and fair to you for your replies to explain.

If I get permission I will post my site in which I have an advertising company now which I manufacture my own product line and distribute nation wide and its duplicateable and would give free advertising to those who used it.

exec927
04-07-2005, 07:36 AM
I have heard this from somewhere,but MLM companies are bound to break.I do not know how,im just repeating somewhere where I heard this.But then again there are successful MLM's out there.Just an opinion of course...I would say "you can achieve anything you put your mind to"...

Peace

JoefromPhilly
04-07-2005, 01:37 PM
I would like to clarify a common misconception about MLM programs. Depending on the program, there is no bottom! Let me ask you - do we live in a static world where there are no new home buyers, no new renters, etc...? How many new homes are built each year? How many new college graduates rent an apartment each year? There will ALWAYS be a market for providing services to new prospective customers. An MLM is no different than a traditional business - many fail. Thus, there will always be those who join a program who do not sign anyone up, or only sign up a few people. But, yesterday I was calling on a list of licensed mortgage brokers in PA to talk to them about commercial funding options, and 10% of the numbers were no longer in service. This list came from the PA Department of Banking's website. So, because of this failure, has the market "dried up' for new mortgages? I think not. In any business model, there will be successes and failures. This is no different.

Regarding the 2-up compensation plan, this is an established commission program. There is nothing out of the ordinary on this type of compensation program.

Hopefully this will make many people realize that the bottom does not fall out of MLM companies. Last I checked, Amway, Mary Kay, Herbal Life and other big MLM companies are still in business, and have been in business for many, many years. How come there is no guy holding the bag losing his shirt yet? (Yes, I know, the averge Amway rep never makes money, but the company sure as heck does have many power players).

- Joe

brianb_cobbres
04-07-2005, 02:03 PM
In my opinion...

For every successful MLM there are literally hundreds that have failed and left the bottom tiers holding the bag. There are really two types of MLM's. The first is based on actual products like Amway and Mary Kay in that the money to be made is based more on the sale of products than on signing up new members. Then you have the pryamid schemes where the product is a "service" and the main financial driver is signing up new members. In a pyramid scheme the product will usually sound to good to be true and the initial sales pitch will be more about how much you can make signing up others than it is about promoting a product. The fact that the initial poster felt it necessary to bring up the MLM stigma "Now, before you start with the "MLM" scam stuff" only makes my more concerned about the nature of this program.

The funny thing is most start up MLM's compare themselves to Mary Kay an Amway as if it gives them some sort of credability.

Anyway, I have no idea which way this program will go and please do not take this as a personal attack on Joefromphilly. I am simply stating my opinion and I really hope it works out for Joe. I am just a cynical bastard.

Lastly, I hate to see any post deleted but feel any ad not directly related to the purpose of this board should be removed or at least segregated from the other posts.

Brian

LeadingEdge
04-07-2005, 02:56 PM
I am not attacking you Joe.

If you took my post that way than I apologize. I did not mean this as such. I am also like Brian as I am cynical when they do a comparison of a MLM in a sales pitch when starting out.

I PERSONALLY would not do your program as I dont like the concept of a hierachy where the company such as Mary Kay, Amway, Avon, Regal ( Canadian) operate THEIR business. The corporate offices make millions I am sure. The agents are probably far and few that make a good living at it. The rest is a refferal base set up where each person gets a small piece in comparrison and each person above overrides. Will they dry up??? NO Will housing market dry up??? Probably not I dont think in my lifetime.

Your line at the bottom which says pay off your mortage in a year seems too good to be true so I would be cautious from what your program is. That is all I am saying. This is MY personality. I would also probably give you an hour of my time to hear you out for it all and the potential and do my own Due diligience of it though.

I have stated I am new to this and not going to a head to head competition for which works best. I believe ever person has a program or deal which can be done one way but can be done another way by someone else. It all depends on your own personality and comfort zone.

I also belive that if YOU believe it is possible and has the potential GO FOR IT and dont listen what negativity may come at you from others keep focused and SEE yourself there. It happens as it did for me and my advertising marketing firm.

My apologies if you were offended.

LeadingEdge
04-07-2005, 03:06 PM
Plainly put ........

What I liek is this........

Pay what the TEAM is worth for EACH player and divide equally or show a win win situation if not all in a monetary snese. Each person should get an equal opportunity as well as pay for what they did not depend on a upline or downline for the rates to be determined.

Joe...

1) is this concept patentable, copyrighted, trademarked???? If so can you show us a website which we could know more details to see what you are talking about in the detailed aspect instead of generalized information. as with anything many things can be construed and without seeing the whole scenario or understanding it is tough not to be stand offish.

2) My view isa just that. MY VIEW and I am only going from what you have typed here and not knowing more so I really dont have a lot to go on for an informed discussion in lengths about pros and cons of it.

I truly wish you the best in your venture and if you could send me a site or more details as I am not closed on looking at things. I may do a 180 after seeing the potential as you have.

neodemes
04-08-2005, 04:45 AM
Hey. I didn't get to vote. :mat:

google results:

Anyone know anything about Brixdale Inc? Join this message board!scams . Free online message board powered by vbulletin. Scam.com.
http://www.scam.com/showthread.php?t=1292

Rip Off Report:Brixdale, Ripoff inverse mortgage scam You need to ...Brixdale, Ripoff inverse mortgage scam You need to recruit others to get points Uniondale New York.
http://www.ripoffreport.com/reports/ripoff136628.htm

:SM083:

Dan Auito
04-08-2005, 05:46 AM
What a riot Bruce, I can't remember reading something as funny as that in a looong time unless of course it came from Eldorado here on our boards! This is hilarious! I'm dying over here :xxrotflma So tell me Bruce as you are definitely our resident expert on these matters. Is Joe's offer just a little suspect. Give us your thoughts. YOU MY FRIEND ARE THE DECIDING FACTOR!

Folks just click that first link and read a couple of the replies you see, it is a hoot! :SM015:

neodemes
04-08-2005, 10:38 PM
:SM032:

Whether they like the MLM label, or not, that's what it boils down to.

Just the fact that they market it it by posing questions on forum boards all over cyberspace, as if genuinely asking about the program, to draw attention to their affiliate association and suck in a downline is enough for me. :pukeface:

:SM026:
Anyone looking for a free ride will jump on board...the question remains to be seen where the final destination will be.

:SM006:

eldorado
04-09-2005, 08:19 AM
Just goes to prove ..I need to read more.
I just found this string.
How's it going neodemes??

Anywho, I've was also recently offered the ((opportunity of a lifetime)) by a member of Brixdale :rolleyes:

It was right after I got the fantastic offer from the Doreen group :icon_knab

Out of curiosity and boredom, (Yeah right, like I wouldnt jump on board -if these actually worked)
I investigated it (80 printed pages) and there are more sites out there bashing and complaining about these scammers than you can shake a stick at.
I havn't found one legit success story. These poor souls have lost their homes and businesses from this sort of programs..

Theres a sucker born every minute

I think I have found only one legit mortgage reduction program that actually works one on one with the client and has some degree of success. And,,not everyone qualifies. In order for it to be effective, Your loans need to be considerably seasoned.
These involve Yield Spread Premimiuns, Load fees, Underwriting,Disclosure violations, etc. and still...with no guarenteed success.
http://americanmortgageauditing.com

If you really want somthing for nothing-Go rob a bank :smiley7:

neodemes
04-10-2005, 06:12 AM
How's it going neodemes??


Just great and and all the better for your asking!

I sense a certain familiarity. Is that you, RW?

eldorado
04-10-2005, 07:35 AM
Just great and and all the better for your asking!

I sense a certain familiarity. Is that you, RW?

No It's just me-Eldorado
I came to your forums - orginally from a google search-looking for the info on the Doreen group and and mortgage fraud scheme research and made a few posts-at least I think I did-alzeimers sets in ya know. LOL

I found it to be a wealth of information-Great work!!!!

But ALAS... Dan owns me now! :rolleyes: Hehe
and Smart Hackerz Group / DSS Legends :SM135:

I still visit the other real-estate forum sites for info
OOPs!! Sorry Dan..
But I found a home with this one..

neodemes
04-10-2005, 07:48 AM
Ah. A fellow sufferer of CRS.

I just checked through the forum member list (both old and new/temp forum). Alas, no Eldorado. :frown:

There was one fellow posting about AMA. Thought perhaps that was you.

In any event, there is plenty of room at Neodemesne for you, Dan won't mind if you visit!

Don't be a stranger!

:SM056:

JoefromPhilly
08-03-2005, 10:26 PM
I have spent a few months working on the new program, and now it is out there. If you go to http://PaymentEliminator.com you will see what this new referral marketing program is. I am inviting any of you to become a free charter member so you can benefit from the program without any membership fee.

- Joe

neodemes
08-03-2005, 11:26 PM
End Your Mortgage or other Debt in 1 Year!


Disclaimer: Home Investors LLC makes no claims as to how fast you will actually retire your debt. Your success is based on the number of people you bring in and how many they bring in. The examples given in this website are only hypothetical and are not based on any specific results. A mortgage may take several years to pay off, while smaller loans may be paid off in less than a year. If you join the program and refer less than three members into the program, your benefit will only be from the additional principal payments that are being made on your loan from your checking account. The interest you save can greatly exceed your membership fee.

Which is it?

There is one way I know of to eliminate your mortgage - pay it.