The programs we promote are evaluated and approved by
Mr. Frederick Mann. Mr. Mann has over 20 years experience
as a computer programmer, systems analyst, and independent
computer consultant. He has worked and practiced in
Belgium, England, South Africa, and USA on a wide range
of computers ranging from PCs to large mainframes. He
has designed and programmed mostly commercial and financial
systems, including systems dealing with risk/reward
assessment in areas such as commodity and options trading
and reinsurance. One of his specialties was making computer
systems more efficient.
Since 1993, Mr. Mann has gained a great deal of experience
with "money-making programs" of all sorts
from all over the world. He has constantly looked
for programs that provide the best reward/risk ratios.
He has lost money with some programs and made considerable
money with others. Over the years he has refined the
criteria for selecting the best programs and rejecting
those less likely to produce hefty profits. Over 80%
of the programs Mr. Mann selects for participation
and promotion prove successful. (This needs to be
compared to new businesses in general, where about
90% fail during the first year.)
On November 10, 1999, a subscriber posted
this to the Financial Independence List:
"Thank you for your honesty. You already had
my respect - this just solidifies your character which
is the essential element in a trusting relationship.
Thank You FM!!"
What Criteria Do You Use to Select Your Programs?s
1. Can you make money with the program without having
to recruit others or selling anything? About 90% of
people in networking (or multilevel-marketing) fail
because of difficulties with recruiting and selling.
If you can make a high return of 10% or more per month
on the money you put into a program, it's worthy of
our consideration.
2. Can you minimize your risk? Suppose you put $1,000
into a program, and after three months you can take
out $1,200 from the program. Your "risk window"
would be three months. After you've "closed the
risk window" by recovering your initial capital
plus a modest profit, you're in a "can't-lose"
situation. Thereafter you "play the game with
the bank's money." Being able to "close
the risk window" fairly quickly and have enough
left in the program to continue making good money
is an important criterion.
With some programs you can reduce your financial
risk to zero. You don't have to put any of your own
money into the program. You recruit others and earn
bonuses and commissions based on their "action."
See: Zero-Risk Money-Making.
3. Can you make more money by recruiting others?
In our experience, the best programs are those where
you can make without recruiting others, but you can
make a great deal more if you do recruit others. The
easiest worthwhile programs for which to recruit others
are those where your recruits don't have to themselves
recruit or sell in order to make money.
(There are many what we call "nickle-and-dime"
programs where you pay around $20-$100 one-time, or
around $10-$100 monthly, but you require a huge downline
to make significant money. Our experience indicates
that these programs tend to be a waste of time and
money. Free downline-building programs also belong
to this category.)
4. How quickly can you make money? If you are in
a position to recruit others, can you make several
thousand dollars during the first month, so that you
can quickly "close the risk window?"
5. Is the program credible and viable? How are the
funds generated to pay the returns? If it's purely
a pyramid scheme with all payments coming from new
entrants, the program may not last very long.
6. What's the risk from government interference?
Many otherwise viable programs are shut down by government
agencies. This risk can be particularly high in countries
like USA, Canada, and UK.
7. Does the program operate out of a jurisdiction
where legally no government taxes or reporting are
involved? The ideal programs operate such that participants
can gain their earnings unreported and without being
taxed.
8. Is it a one-person operation? Our experience indicates
that programs owned and operated by a single person
are particularly risky. They're often fly-by-night
scams.
9. Does the program have a successful track record,
particularly regarding making payments on time? For
many programs there are public forums on the web.
From these forums you can get a pretty good idea of
the track record of a program. We also use Internet
search engines to look for "dirt" on programs.
Brand new programs are particularly risky.
(The success of certain programs depends on maintaining
a low key. Please don't ask questions about such programs
on email lists or forums. Such exposure could compromise
the success of the programs. For low-key programs,
utilize only the information that is already available.)
10. What kind of payment system does the program
have? An ideal payment system is one where your earnings
are quickly credited to a debit/credit/ATM card, which
you can use for purchases or cash withdrawals at ATMs
and banks.
11. Do the principals have credibility? We use Internet
search engines to check on the principals where possible.
(Network Solutions has a "WHOIS Lookup"
that includes many individuals involved with network
marketing and money-making programs.) We generally
attempt to establish personal contact with the principals
or people who have personal relationships with the
principals.
12. What is the quality of the program's website
and automated services? Do they provide self-replicating
web pages to make the program easier to promote? Do
they provide online access to accounts and genealogies?
13. What is the quality of customer service? Some
programs grow quickly and soon cannot provide much
customer service. A really good program grows so quickly
that quality of customer service quickly deteriorates.
The company may adopt a policy of ignoring practically
all emails and making it very difficult to contact
them by phone. Atrocious customer service is not necessarily
an indication that a program should be avoided! (Generally,
you can learn enough about how the company operates
to play their game appropriately and win big, despite
poor customer service!)
14. How much confidence do you have in the judgment
of the person who introduced you to the program? How
good is his track record, particularly with the program
he's trying to recruit you for? How many payments
has he received and were they on time? How successful
has he been in recruiting others for this program?
