John and I just Finished The Interview.
1. Do you feel you are risking your readership, while running this venture? Due to you even admit that it will end.
Am not sure what you mean by my feeling that am risking my readership. You mean risking my readership’s money? Or risking losing my readership? So am not sure how to answer that one. If I felt that I was risking their money I would not do it. If I felt I was risking my reputation, I would not do it. And as you can tell I hemmed and hawed for quite a long time before launching one of my own. And I decided it would not be a surf site. Those are … becoming extinct.
Do I even admit… is that what you mean? Of course it will end! Who are you? The higher plans will eventually end, and it will most likely be due to momentum slowing down and less folks coming in and bringing in new blood. Did 12DailyPro end? Would they ever have ended if not for Stormpay? Of course they would have, eventually. Recall that these are not investment plans and folks are fickle. They get into a good thing at the start and somewhere along the line doubt sets in, flags are raised, and the river starts drying up.
But… the long term plan will go on and on as I have located a good ForEx trader (with the help of a friend) and my hope is that my long term plan will be entirely sustained by ForEx trading. So that particular plan will keep growing. Hence 9Planetnosurf will not shut down for quite a while. But what if the ForEx guy gets hit by a bus? Well there you go.
2. You have close to 2 years experience of rating and reviewing programs you have seen literally hundreds, if not thousands, come and go. With paying upwards to 14% on referral commissions, and the rapid growth rate, if you were not the Owner what would be your assessment of how long his program would last, and risk assessment?
If I were not the owner, first I’d have to know WHO the owner would be. If the owner was found out to be very well known, honest, and so on, I’d say the programme should last quite a long time. But… upwards of 14% ref comms? That would last for a while and stimulate recruiting activity, but that owner would have to bring that down eventually. And the growth rapid would have to be not TOO rapid, either that or long term growth has to be steady/sustained.
But if the owner were an unknown? I’d say it would be a high risk and I would not even recommend it because the lifeblood of such a programme requires trust, to bring in a lot of folks. And these days yelling about how great your programme is and how great it will be and so on, just will not cut it.
3. What is your current Exit Strategy, when will you know it is time to call it quits? Do you have the criteria in place for this?
No am flying by the seat of my pants! Just kidding. When I see the river drying up, unlike other Admin, I will blow the whistle, stop spends in the higher ROI plans (close the for further spends), let that money get paid out and accept no more new spends there. As to the long term plan? Since it will be supported (soon) by ForEx there is no reason to close it down and no reason to stop new signups. New signups would only be able to play in the Long Term Plan. And… if all goes well, I may even open up new plans with more realistic ROIs, but slightly higher than the Long Term Plan. So unlike most HYIPs and Surfs… this one will most likely go on and on. Can you hear that song? This Titanic will not go entirely under. That’s the plan.
4. What is going to be your salary percentages from the venture?
Why do you ask? Let’s just say that it will be reasonable. I would guess that your concern would be that I would be taking too much. Well, it is far smaller than most Admin take.
5. Did you setup your 3 different programs with 3 different E-Gold Accounts? i.e. if one program is about ready to fail you can shut it down instead of the whole venture, or taking from another part of your venture to pay out on the one failing.
I have multiple accounts set up. One of them is strictly for the Long Term Plan and that will not be interfered with by any failing plans. I continue to analyze how much money is coming into the middle plans and how much into the two higher plans. Right now the pool for these is not segragated, but I do have the stats for each, so that if I see that the middle plans need to be on their own then I will make it so. In this way they are protected from the Big Boys and their Big Bucks. The latter should be self-sufficient as a crowd. And if enough of them participate then those plans will be viable.
And yes, as stated before, my intention is the shut down failing plans, not the entire programme.
6. Are you going to use the support system only or will you engage in forums for support?
I am already engaged, on an hourly basis even, in the MMG thread for 9planetnosurf.
I also answer many, many, e-mails both support and admin related.
7. When your program closes, do you feel that there will be anyone that is upset at you at the way you ran your program?
There are always those types of folks. Those are usually gamblers who cannot resist betting the farm, so that is expected. But for the most part I have a good reputation and many of the participants understand the risks involved in these types of ventures. In any case, you must amend that, as the programme itself is not likely to close due to the Long Term Plan being completely supported by outside resources.
8. With naming your Program NOsurf, is that a wake up call to the current Surfs that they are not fooling anyone, that no one actually sees the ads, or it is fractional at best?
Well, I did not mean it as a wake up call when I coined that term in early January (perhaps even in mid to late December of last year). The reason I did that was because I did myself see that surf sites and autosurf sites were a sham, in the sense that, really, folks were not watching those ads! And it was and is just an excuse to make the game look legal. Now mind you, a few Admins did give it a go and trying to make that industry legitimate by trying to recruit REAL advertising (Dustin of DSM, Israel and his partner of the Command series of programmes are notable) and I commend them. But… I knew it would be a failed effort as the surf industry has the wrong target Market. The real target market for surfs and autsurfs are gamblers, game players, risk takers, folks that want their money “doubled” in a short period of time, not shoppers! So I finally had to put it out there honestly and that’s why you see me telling you the real truth about surfs on the home page of 9planetnosurf.com
ManicSurf had me going for a while, as they actually did force you to read the ads because you had to rate them. Well, eventually even I got tired of that. I would glance at the same old ad and remember the last rating I gave it! So that defeats that!
9. Would you say, in essence, your program is a “Ponzi Game”?
The Long Term Plan part of the programme is not a ponzi game (soon… again, a Trader has been found and probably within a week or two we will be trading; so for now it is a ponzi). The other plans clearly depend on new money coming in, so yes, they are a game. But I stress that folks already know this. And you have to be careful how you say this and where you print this. Some idiot could actually take my statements and get this programme shut down. Which would be very bad news. May as well shut every programme out there right now. Because except for a few, 99.9% of them are ponzi games.
Finally I stress that I have nothing against ponzi games as long as the Admin does not hide the fact by lying. By saying they are trading in ForEx, realestate, stocks, and whatever when it is quite clear that they are a ponzi. If the Admin does not deny it, and if they are also honest and known, I myself would (and have on many occasions) get into a programme like that early on, get my initial spend out, get some profit and not bet the farm. But most folks ignore that kind of advice in preference to their avarice. Ooops, sorry, desires.
10. Newbies coming into the arena, do you have any words of wisdom to them about your program, or any program for that matter, besides the, “Don’t invest what you can’t afford to loose.”, words of wisdom?
Newbies should read my BLOG and your site as well, first. Before they spend one cent. They should also realize that most of the HYIPs, surfs, autosurfs are simply games and they all depend on new money coming in. I would also tell them to avoid all those programmes that offer ridiculous ROIs, either on an hourly basis or on a daily bassis, and that means anything over 10% Profit per month is suspect. But if they do find one that is reasonable and the Admin seems to be known (how? Surf the forums, read all you can, before you put your money down, see what others say about that Admin) then get in early.
The other thing I would tell them is that in order to make good money at these games they actually have to come in with over a grand or two! And use it wisely. They cannot expect to come into this arena with ten bucks, or even a hundred, and expect to make some kind of meaningful income! At best consider it as play money. There are far too many folks that are losing in these games. Either they come in with nothing meaningful, or they come in too late in a programme, or they fail to get their initial spend out but have put it all back in…. There are many reasons. And so I would say that newbies should not be spending anything until they have familiarized themselves with some good sites that report on all this, such as 9PlanetReviews.com, Ponziscams.com (I’ve looked at it today and am impressed, good job!), and the various other Blog sites (I list many of them on mine) that are out there. Then, once they have read a lot of the material that is there, make an informed choice! What else can you do? Juts don’t follow those who yell the loudest about their particular programme.
11. Will you consider opening another program after this one ends?
Again, I plan to keep this one going, even if with just the Long Term Plan. What I will consider is opening new plans. These folks seem to like that. Even if a game ends and the Admin comes back, and folks are fairly sure that the Admin did not cheat them… they will play again. So… why launch a whole new programme with a different name when I can launch new plans? So that’s the plan.
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