richdadpoordad

This kind of question pops up normally sa mga guys na hindi familiar sa idea na sex and love go hand in hand, yung mga tipong ipinepedestal masyado ang babae. You place her on that pedestal, so ayaw mo tuloy babuyin with something dirty like sex. So it's also tied to attitudes about sex and love.

In contrast, sa girls, this question can actually come up in a typical conversation, since unlike the male perspective, females do not even give focus to the sex even if they enjoy and need it.

This is interesting, pipol. A lot of people are posting and selling, pero as i read in the article of

the DSAP president, the bottom line seems to be that binary plans are not illegal per se, but

when the abuse of the design results in an emhasis on recruitment rather than product movement.

There are quite a number of DSAP member companies that are using the binary system, like FQ.

Perhaps we can get some feedback on this thread where we see how the binary system is being

used correctly, as per DSAP definition.

Oh, btw, to all IGEN peeps out there, take advantage of the clearance sale happening now till the

weekend. Nkabili na ako ng power rangers para sa anak ko at 70% off, pero ubos na ata stock e.

laki ng bawas off of the SRP and even discounted prices. buti lng d pa ako bumibili ng maong, tignan

ko muna yung sale.

CL: see you later at the igen ofc, bka maka score ka ng polo na sinabi mo dun sa PM.

GT babywaby: kita kits, miss din kta :-)

Be careful. Our watchdog on the Philippine MLM industry is the DSAP (Direct Selling Association of the Philippines)

 

http://www.dsap.ph/industry-networking.html

 

What is the Problem with Binary Plans?

 

Legitimate network/multilevel marketing companies have been grouped together with the bad eggs of the industry. The worst scenario in the late 1990s was the realization that China banned all direct selling or network marketing operations because of the presence of many unscrupulous individuals and companies that gypped consumers of their money into investing in pyramiding operations. Government of other countries have also been more vigilant in protecting consumer interest.

 

Since binary plans are quite new and do not have any precedent in the Philippines, a look at the abuses of binary plans in the United States reveals potential huge penalties not only to the companies operating binary schemes wrongly but also to the independent distributors promoting them, to wit (source: Spenser Reese, 1997):

 

  1. On February 4, 1997 the Arizona Attorney General entered into a settlement agreement with Tele-Sales, Inc. wherein the company was required to pay a $25,000 settlement fee. More importantly, however, the Arizona Attorney General also sent letters to the company's top distributors in the state, accusing them of violating the state's pyramid law. The letters demanded that the distributors enter into a settlement agreement and that each individual distributor pay a $25,000.00 fine, otherwise, the Attorney General would sue them individually.

 

  2. On February 28, 1997, the Alameda County Prosecutor and the California Attorney General entered the offices of Destiny Telecom and seized business records to be used in actions against the company. The same day, they filed a $20,000,000.00 civil suit against the company, alleging it was promoting an illegal pyramid. Two weeks after the suit was filed, Destiny settled the case for $1.6 million.

 

  3. In 1996, Strategic Telecom Systems, Inc. was investigated by the states of Pennsylvania and Florida, which resulted in fines against the company, and the imposition of sales requirements, which required the company to dramatically change the way it conducted and promoted its business.

 

So why have government regulators in other countries been increasingly paying attention to companies utilizing binary plans than the more traditional compensation plans like stair step/breakaway plans adopted by the most members of the Direct Selling Association?

 

  1. The stair step/breakaway plans popularized by Amway have been ruled legal in a landmark decision by the U.S. Federal Trade Commission in 1978.

 

  2. The legal principles governing the network marketing industry have not been adhered to in many binary plans, leading to the belief that they are pyramiding schemes. These includes:

 

        1. Emphasis on recruitment

 

            Companies paying its distributors based on the recruitment of other distributors rather than for legitimate sales to end consumers are guilty of pyramiding. In this day and age, no company in their right mind would of course expose themselves to outright pyramiding. Most would sell some products or services to hide the scam but their products or services have no real world value and/or are overpriced such that only those interested to participate in the compensation will buy these products just to comply with their company's requirements.

 

            A good test is to ask, "Is there a direct one-to-one correlation between recruiting and distributors' commissions?" If the answer is yes, it is a pyramiding case. An investigation of the many binary plans reveal that many companies classify the enrollment of a business centers as a sale, hence the problem.

 

            Another good test is to ask is "If recruitment were to be stopped today, will distributors still make money?" if the answer is no, isn't the principal source of commissions coming from recruiting and not from retail sales? hence, a pyramiding.

 

            A 3rd test is to ask is "Will people buy without joining the compensation plans?" If the answer is no, the products being sold have no real world value and/or is overpriced, hence, a pyramiding. If a product is priced so high that no reasonable person would buy it, it is obvious that the main motivation for distributors to buy the product is to join in the company's compensation plan, a pyramiding scam (profiting from recruiting) disguising as a legitimate network marketing operation.

 

        2. Buying of multiple business centers

 

            When a distributor enrolls, he is automatically assigned his first business center or a position within his own personal sales organization (PSO). To maximize earnings, the distributor are then strongly encouraged to purchase additional business centers and place as much as seven business centers at strategic locations within his PSO with each business center costing a few thousand pesos each for a total of a few hundred thousand pesos. Each of these business centers must independently meet their two recruits requirements with their corresponding purchase. However, the probability that a distributor will be able to use or resell these inventories is dubious.

 

            Three important questions must be asked as far as purchasing multiple business centers are concerned:

 

              1. Isn't the intent to sell "positions" more than to sell products to end consumers?

              2. Isn't there existence of significant investment and inventory loading?

              3. Isn't the focus to gain from recruiting rather than sale of products since upline distributors get commissions on the purchase of these business centers?

 

        3. Unregistered Investment

 

            The Securities and Exchange Commission (SEC) regulates selling of investment instruments. The relatively big amount of investment required for buying multiple business centers may constitute selling an unregistered investment contract, a serious offense where both criminal and civil penalties can be imposed to the offender. Since binary plans are known for their "spillover" effect, the distributor-investor is led to anticipate profits primarily from the efforts of the others, constituting a passive investment.

 

The above are some of the more obvious violations of binary plans. Unfortunately, when pride and emotions get in the way, logic is seldom followed and the companies, as well as the plan originator, defend their defective binary plans instead of listening to potential remedies.

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hi fm!

suggestion: cook up an mtc event ( make sure it involves some degree of nudity,naughtiness or some similar

sexual theme ) and invite everyone to it.

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<{POST_SNAPBACK}>

mod note -just edited quoted post

Hi Altezza, IGENPORTAL doesn't have a partnership but has a corporate agreement with not just Nestle, but also with San Miguel via AOA Savers, Inc.

As such, support for the use of their brands on sales documentation is

part of the deal.

Hello everyone! If there’s anyone interested in making some good extra money, I would highly recommend that you take a look at Igenportal.

This company is focused on paying consumers the money that normally goes to the wholesalers, distributors, retailers and mall owners for consumer products and basic necessities.

Their networking concept is based on a points-based, binary system, which means that you basically earn when points garnered by any downline on the left side of your network matches an equivalent number of points on the right side of your network

This new system addresses problems encountered by veteran networkers from older companies like FQ and Legacy, like how income is made even when no members are recruited into the network (which basically spells the difference between a pyramid scheme and a sustainable network business model), or how the last people recruited in the network earn money.

Products are rep*table, branded consumer products (All San Miguel, Coke, Magnolia, Nestle products, including Bench, Mossimo, Penshoppe, Marithe Francois Girbaud, Plains & Prints, Sari-sari, Gold’s Gym, Nokia, Wilson, Myx), as well as various household cleaning products, such as laundry detergent, fabric softeners, dishwashing liquid, bath soap, available only to members at 10-50% discount from standard retail prices.

The company has grown to 110,000 members in little more than a year of operations, something no other network marketing company has been able to do. One-Gen, a company that sells pre-paid insurance to the motoring public, has been in business for over two years and only has about 12,000 members. The number independent distributors grows by about 500 a day on average (the no of distributors can be seen on the website, www.igenportal.com.ph , just use IE for best results, kasi ASP site sya :-)).

The best thing about it is the genuine “tulung-tulungan” culture; if you’re a new member but have great connections to people who have good potential to grow your network quickly, you can actually call on the more seasoned uplines to assist you in presenting the business to those people.

Payouts are made instantly to an Equitable Bank ATM account, or by check at your option. You can track the progress of your business and how well your network over the Net, or via SMS. I prefer the portal interface better, its more user friendly. :-)

New Independent Distributors get 4t bucks worth of merchandise that you can keep or sell (I kept mine, the leather messenger bag that comes with the product pack I picked is really cool), 200,000 worth of accident insurance from Ayala EON, and an IGEN discount card that lets you get discounts at Magoos, Gloria Jeans, and gets you a free upsize at McDonalds ( that’s the part I like :-)). Hehehe. All for less than 6t bucks.

There are special merchandise sales every so often ( like one where I got my son a power ranger toy set for 50% off the IGen price, that is cheaper than retail pa by about 30 pesos :-)). There’s also a special deal till the end of the month, available only to members, for a special rate on Intellicare Health Insurance plans that cover all pre-existing conditions for up to one (1) year prior to enrollment. Very good for you business-minded people who have contracted an expensive illness over the past year :-).

More and more products and services are being made available almost every other week, so its an exciting time for the business; I heard were getting a special rate for cremation plans soon, which I’m definitely going to avail of, since I haven’t planned on dying yet, but hey its good to be prepared.

I met this one guy, really nice, soft-spoken upline, who showed me his check for 746t for the first week of April. I thought, God, I can do this, I mean, my upline is a 24 year old PT student, and he’s making over 70t a month NET. That’s like earning 120 gross sueldo, and you have to be a senior manager in a large multinational to pull that kind of salary. And get this, he’s just an average performer in the company, not a top earner, those guys earn upwards of 200,000 a month.

You know how I got into this? To cut a long story short, a book was the reason. I read “Rich Dad, Poor Dad” by Robert Kiyosaki, and my life has not been the same since. You should pick up a copy the next time you get a chance, I think it goes for less than P500 in National.

After I decided that I wanted to find a network marketing business that suited my needs, I went out and did some research on the Internet (good old Google), and compared how the leading network marketing companies. Nobody coerced me into attending a seminar or anything; it’s a lot easier to open your mind and commit to a business when nobody’s bugging you to join their group, at least for me.

I selected Igenportal simply because it concentrated on branded consumer products that are easily sold, has a cheap membership price and good merchandise in exchange for your investment money, and a good business system. They’re the only networking company that San Miguel and Nestle have allowed to market their products, which is something in itself.

If you guys are interested to know more, just text me 0920-920-9040, YM or email me (ppantilla@yahoo.com).

Thanks!

Peter