Small
Networkers Jump Aboard for Profitable Ride
By Robert Ricker / MLM World News Today / March 28, 2001
Thrashing about wildly on the back of a 2000 pound
beast isn’t the average person’s idea of a good time, but William
Poulos thinks otherwise. Poulos, was an IRA World Champion Bronc rider.
He has an uncommon finesse when riding “unbroke” horses and he’s
brought this same talent to his new position as Operational Director of
the Silver Bull Travel and Trading Club.
After nine months of planning and refining, Silver
Bull has launched a program destined to be the largest travel and
trading club in the world. The program, eerily familiar to one put
together by The Payline, promises its members one important element that
Payline seemed to overlook. People helping people.
William Poulos comments sincerely, “When you look
at this program, keep in mind you are really looking at people. People
make companies a success or a failure. We don’t use auto-responders.
We have staff members answer questions, sometimes responding within
fifteen minutes. A lot of the other companies are having a problem
responding in a week.”
But few of Silver Bull’s responses involve
answering complaints. On the contrary, people are requesting more
information on how this new travel and trading club can provide them
with both, cash commissions and valuable points that can be used to
purchase a variety of items through the company’s auction program.
Many people, who aren’t interested in being the 300,000th person
stacked in the Payline, see an opportunity to be on the cutting edge of
a new similar opportunity.
But how is Silver Bull different from the Payline'
“Silver Bull is trying to do two things very
well,” says Darrel Poulos, William’s brother and Managing Director
of Silver Bull Holding Company in the United Kingdom. “One thing is to
have a good commissions program that attracts people into the program
and gives them the freedom to make money. It doesn’t matter whether
they’re big operators or small networkers. We have also tried to come
up with a program that has enough of a mixed format that provides good
quality services that people actually want in terms of being members of
an organization. It is not just travel but also the Silver Bullion
Program and the Auction Program that make the Silver Bull program
different.”
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Real Audio Interview
“I think our compensation plan is different from
the Payline,” adds Willam Poulos. “Also the big difference between
our program and their program is our diversification with our auction
site. It enables us to do a lot of things and we think it will be the
biggest part of our program.”
Miles and Points
Miles or Points, same concept different name. Both
the Payline and Silver Bull reward their members for joining, and also
add one Mile or Point for each person that joins after them. What
matters is the inherent value of each one of those points and miles.
During the Mexican peso crisis of 1994 –1995, Mexican citizens holding
millions in “Old Pesos” suddenly found their cash devalued by over
50%. They literally had barrels of valueless money.
Payline is offering its members 25,000 Bonus Miles if
they introduce 5 new members to the program by April 12th, 2001. The 100
Points offered to Silver Bull members after inviting 2 new members is
dwarfed in the comparison. But remember pesos and dollars, currently
almost a 10 – 1 ratio.
Payline itself says, “Many airlines require as many
as 25,000 miles for a short return trip, and there is a strictly limited
number of mileage rewards seats available on each flight. Once they're
gone, so is your chance to fly free.”
Where as the value of Miles are directly related to
how far you can go, the value of Points can also be measured in Silver
Medallions.
“Silver Bull members who have failed to sponsor two
or more new members into the program and have not been successful at
being the highest bidder in the company’s auction program, may in the
last 30 days of their one-year membership period (if they are not going
to renew their annual membership) convert their point balance for six
one- ounce silver medallions.”
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“These uncirculated Silver Medallions retail for an
average of $29.50 US. Six times $29.50 equals $177.00. Not counting the
$19.95 Associate setup fee, if you did nothing else, you would be out
just $12.00 plus shipping after receiving your six Silver Medallions.
Remember, that's if you do absolutely nothing after signing up. If you
are able to recruit two members, you earn cash commissions and qualify
for air travel.”
Almost equal to a money-back guarantee if you join
the program.
Show Me The Money
Payline members received their first paychecks this
week according to information posted on the company website. The payout
was over one million dollars in bonuses the first day with the smallest
check slightly over $200 and the highest around $3000. That’s always a
good sign.
Both Silver Bull and the Payline payout 50% of every
dollar collected from membership fees, but use different formulas for
determining individual payouts. Each member you introduce to the Payline
earns you one point in their Cash Bonus Pool. Your points are divided by
the total points in the pool to determine your percentage (%) share of
the cash in the pool. This percentage value is used to calculate the
actual dollar amount deposited daily into your PayLine Cash Balance
Account.
Silver Bull pays out 80% of 100% of commissions to
all qualified members but rewards its top 100 networkers with something
more. Those top people who work the program diligently receive equal
shares of 10% of the 100% paid for commissions. The top 500 networkers
also split a 10% share of 100% of commissions. The top 100 networkers
are allowed to “double-dip” into this pool as well.
Of course there is fine print in both programs.
Members need to remain qualified to participate and the lengths of times
you are qualified vary. Due diligence is required before joining either
program.
The Payline party appears to have become a standing
room only event. Silver Bull has cleared a room with plenty of space for
new members to come in and take a seat. The Silver Bullion Program and
the Auction Program are door prizes to the Air Mile main event. But
seats are filling up fast.
Are you ready to “take the Bull by the horns.”
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