Passive Income Co-op, Anyone Interested?

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Passive Income Co-op, Anyone Interested?

Postby Loz on Thu Jul 10, 2008 5:01 am

Hey all,

I came across this site that was submitted to my article directory, today. Was kinda shocked that these type of programs are still in play these days.
The guy who posted about this program has already made $200k.

Any way, the system works, providing that people stay on their toes and requires you to at least tell your friends AND get your family members involved, telling as many offline people as possible.

It's a ONE TIME payment of $12.00, not too much to ask for right?

It's a pay it forward system, your name goes on the bottom of the list of 5 people, you pay your sponsor and the 4 others in front of you, once you pay the $12.00, you move up to position 4, etc.

Now, what I was thinking, was this. What if I set up a Co-op that allowed you to receive constant payments to your account. Thing is, there would be a requirement of you to find 2 people, and they would need to find two people. They would have 21 days to find these two people BEFORE they get assigned any new people under them. Each person has a family member base of 2 people, so I don't think this would be a problem to achieve. In about 6 months, you could be looking at around $1,000+ a month in your pocket, EACH MONTH, all for a one time payment and just asking two people.

How this would work is that I would assign the people UNDER YOU and under those you invite, only requirement is that you find TWO PEOPLE.

If you find more than two people, then great, if you would like to help out and share those referrals to the Co-op who will be assigned under others, essentially under you too, it will help everyone in kind. But here's the thing, if you don't want to share the extra referrals after finding two people to share to the Co-op, that's fine too, but these people will be dependent on you and their marketing skills to make more money. Without the help of the co-op, and they don't do anything to help themselves, then their income stops.

What I will also do, for all of those who help out, any earnings I make, I'll share 5% out to everyone who can bring in more than 10 people per month.

Would you be interested?

Let me know. :)
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Re: Passive Income Co-op, Anyone Interested?

Postby salukis on Thu Jul 10, 2008 9:16 am

Loz,

I'm in!! :)

Jerry
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Re: Passive Income Co-op, Anyone Interested?

Postby Loz on Thu Jul 10, 2008 2:51 pm

Ok mate, no worries, I'm waiting on an answer back from the Admin, I raised a few questions that I felt was a slight problem. I've been doing these sort of programs for years, well, not as much these days, but I was kinda born into these programs since day one of being on the internet, so I know where the loop holes are to speed things up, or where the cracks are that can cause a program like this to come to a screeching halt. Any ways, if it's not what I think it is, then I might just pass on it and get my programmer to create one, but improve on it so it's fairer for all in kind.

i.e, auto referral assignment via a Co-op pool, only thing is, the payout percentage admin fee would be higher. So basically people just sign up, and they'll be assigned a referral, get paid, and payments would be passive based on their subscription participation.

Again, still would just keep the $12.00 sign up like this other program, it's cheap and affordable to most.

Plus this other program is breaking the law since it's kinda like a pyramid / ponzi... So what I'll do is add e-books and php software once a month worth $47.00 and up that I have reseller rights too, which will allow the program to run in all countries around the world without having to worry about being on the wrong side of the law in those respected countries that prohibit operations of this sort without a product.

Any ways, we'll see what this other guys says when the returns my email.
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Re: Passive Income Co-op, Anyone Interested?

Postby Loz on Fri Jul 11, 2008 4:32 am

Ok, I just got a reply back from the admin and I'm not happy with their attitude and the way their program is set up, it has too many holes in it and I can't let my friends / members risk it, even at $12.00 one time payment...

So... calling for a JV project to create a system like this that fixes the common problems that make programs like this stop over time.
============ This is an email I just sent out... please reply to this thread =============

Hey all,

Loz here from http://www.forum.ask-me-about.com

I was wondering, any programmers here that have
around 4-8 weeks part-time / full-time to do a JV
with us?

I'm not sure if any of you know, but years ago I
used to be involved in the HYIP industry, this is
where I made my first million online just from
affiliate commissions and due diligence finding
the reliable programs to join and sharing money
management techniques to stay ahead in this
very risky environment - it's kinda like an online
Las Vegas Circuit.

Any ways, Coders who used to work for me before
made well over $250K in their first year, so, any
coders here wanting to do a JV with me, it'll also
be like a humanitarian project as well where a
percentage of proceeds will go to a selected list
of charities that the members suggest.

I've got some ideas that will totally make anyone
a lot of money based off a recurring payment
of $12.00 a month. Programs like this I've pulled
in over 50,000 members inside 2 years for these
type of programs that I'd like to have someone
come on board and JV with us on this project.
The main element that made it go from strength
to strength was it didn't require any promotion
should one not want to - so it was perfect for
people who didn't know how to do it, but very
rewarding for those who did.
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Re: Passive Income Co-op, Anyone Interested?

Postby Giles on Fri Jul 11, 2008 8:38 am

Hi Loz
I've been away recently, and now should have time to get back in the fold. I am not a programmer so can not help in this respect. But would like to offer my support and confirm that I would be in on this if you can manage to ensure it is not breaking the law (aka pyramid schemes) and there is the added value of ebooks and software as this would make it more attractive and workable.

ATB Giles
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Re: Passive Income Co-op, Anyone Interested?

Postby salukis on Fri Jul 11, 2008 8:57 am

Loz,
Ditto the above!!
Jerry
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Re: Passive Income Co-op, Anyone Interested?

Postby saulyd on Fri Jul 11, 2008 11:06 am

I'm not a programmer, however, I'd be in for the program! :)

Cheers!
Don
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Re: Passive Income Co-op, Anyone Interested?

Postby Loz on Fri Jul 11, 2008 12:51 pm

Hi ya,

K, here's what the law says:

refer to US Lottery Laws, Title 18, Section 1302 and 1341, or Title 18, Section 3005 in the US code, also in the code of Federal Regulations, Volume 16, Sections 255 and 436, which states a product or service must be exchanged for money received.

Although this is a USA Law, other countries laws are very similar, a product and or a service needs to be exchanged...

So, all is kocher. :)

I'm having a debate with my Biz partner at the moment, kinda funny really. Since I have one of those minds that can see around corners and find loop holes in systems like these to improve on them, we've run into a debate about this system that I have re-invented (it's lucrative, it may even have to be patented - seriously).

It's kinda hard to explain, but here's the scenario. I'm coming from an angle where let's suppose there are 100,000 members. They pay a 1 time fee of $12.00, leaving $1.2million in the payout pool. Of this pay out pool $2.00 is admin / processing fee (percentage of this goes to selected charities too). So, that leaves $1 million in the payout pool to pay to members. Now, let's also assume that since there is ONLY a 1 time fee and NO ONE promoted any more. What do you feel will happen when those who qualify based on my system, to have cloned income paths that costs another $12.00, and another $12 for another cloned Income Path, which is taken out of their payout automatically. After they have been paid the difference, what's left in the Pool? How many qualified is the variable that no one knows... But for every qualified member who gets another cloned income pool, another $2.00 is admin fee. What happens, does the pool get larger to pay out from? Or will those who qualified get the same payout as before?

The way I see it, everyone qualifies for a payout, but only a selected amount of people will qualify for a cloned income path.
If 90,000 people made at least 1 referral each, that's $180,000 to pay out from the million, leaving $880,000 left. Out of those 90,000 people, only a percentage of them earned enough to qualify for the cloned income path. Let's presume that 10,000 of those 90,000 did. Out of their payout, they would need to pay $12.00 which comes out of their earnings balance to pay for the cloned income path. Let's assume that the $880.000 that is left $120,000 goes back in to pay for the cloned income paths, while $760,000.00 is paid out. And out of that $120,000 for the cloned income path, $20,000.00 is admin fee, leaving $100,000 in the pool. As each month goes by, the funds left are reduced.

Now, my quarrel with my business partner is that outside sources of income is always needed in order to allow exponential growth of payouts to continue, he says that outside funds are not needed and just simply use the funds already in the system to pay for these income paths. But this doesn't create excitement, or any enthusiasm to promote or at least find two people. Trust me, I've seen it before, eventually people stop due to lack of incentive, or the internal calculations end up lop-sided where the admin only wins - and that's not what I want to duplicate.

My system incorporates an auto internal payment to pay for "one" of the cloned income paths functions, where the other, comes from outside sources, which is a subscription every month. This subscription every month, activates the automated process of the exponential growth, thus, gives incentive, to have these other 2nd tier cloned income paths and excite them to promote, with a minimal requirement of finding only 2 people.

After running the numbers, you'd be gob smacked at the overall potential of what can be earned here, we're looking at over $100,000 EACH!

What's your thoughts everyone?

Giles wrote:Hi Loz
I've been away recently, and now should have time to get back in the fold. I am not a programmer so can not help in this respect. But would like to offer my support and confirm that I would be in on this if you can manage to ensure it is not breaking the law (aka pyramid schemes) and there is the added value of ebooks and software as this would make it more attractive and workable.

ATB Giles
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Re: Passive Income Co-op, Anyone Interested?

Postby Loz on Fri Jul 11, 2008 1:24 pm

(I completely forgot I had this open up in another window... lol, this should of been posted ages ago).
---------------
K, I just had a awesome idea. I've just made the Pay It Forward System into an UNBEATABLE, Improved System that totally kicks butt over the original. It took me a couple of hours to figure it out (brain cells are rusty after a few years), but I've finally cracked it.

So, I just purchased a domain called www.PayItForwardPro.com

K, so if there are any programmers available, and I think once you see this system it's quite easy to code, the logic behind it isn't like a complicated 3x2 Forced Matrix System or anything like that, this pay it forward system is based on a straight line matrix, unlimited width, down 5 levels deep. I've incorporated a few ideas that helps Clone the income path that's totally automatic thereafter a benchmark is reached.

Based on X amount of referrals, the MINIMUM to receive on this benchmark requirement to clone the income path is $120.00 Per month, bringing in a total of 1000% profit.
But it doesn't stop there, this cloned income path also grows along side the original income path, when that path grows, so does the cloned income path.

But that's not all. There's another Benchmark to increase earnings even more. When this benchmark is reached, a position is placed somewhere else for you. When that benchmark has been reached the minimum income is $720.00 per month from the original $12.00 spend, so in other words, an extra $600 from the via the income path that initially generated the previous $120.00 for you. These two benchmarks keep going to get a share of the total real estate of your downline and your downlines' downline and their downlines' downline too and so on. And yup, these get cloned over and over and over and over again.

any ways up, there's a little more to it, i'll create a video presentation when the coding is done. It'll blow your mind away. :)

Move Over Amway! :)
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Re: Passive Income Co-op, Anyone Interested?

Postby lognor8 on Fri Jul 11, 2008 3:35 pm

Hi Loz

As always, I am interested in the stuff you bring out, but 'cloned income paths' and 'a forced matrix system' has me stumped.

Havn't got a clue what you mean. I daresay I will understand when you do a vid.

John
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