Give For Life

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  • sterne.law@gmail.com
    Platinum Member

    • Oct 2009
    • 1332

    #31
    Lets go through this logically and cast emotion aside.
    There are obviously two schools of thought, those that see this as a genuine article and those that see it as a pyramid scheme.
    Lets make no mention of the charity issue and the admin costs etc.
    Those that are against, myself included have the viewpoint that teh charity is a cover up. perhaps we have missed something because we are looking at it from a clouded view.
    In light of the above let us look at the straight maths -
    So Hane, as the PRO Give for Life man, I am addressing the question to you and please do not take it as a personal affront where I refer to you, it is simply to keep matters simple and you have certainly made a passionate and strong stand on teh issue
    Lets work on the R189 a month membership -
    A percent goes to charity, some to costs and the rest is distributed as a commision? Is this correct, in a nut shell.
    You get a people under you and that person pays their monthly amount, and you get a commision on that contribution. That person in turn gets some one, and they get the commision from the new member, while you get a commision from the first member and then, a smaller commision, from the person recruited by your member?
    Am I correct so far?
    Anthony Sterne

    www.acumenholdings.co.za
    DISCLAIMER The above is merely a comment in discussion form and an open public arena. It does not constitute a legal opinion or professional advice in any manner or form.

    Comment

    • Hane
      Email problem
      • Jan 2010
      • 45

      #32
      Yes you get commission to the 5th level
      There is no such thing as problems, only temporary situations without a solution.

      Do you need specialized agricultural or construction short term insurance? Contact Herman 083 788 3365

      Comment

      • Hane
        Email problem
        • Jan 2010
        • 45

        #33
        Originally posted by sterne.law@gmail.com
        Those that are against, myself included have the viewpoint that teh charity is a cover up. perhaps we have missed something because we are looking at it from a clouded view.
        I would just like to point out that if you think that the charities are only a cover up, wont the charities who have to protect their integrate also feel the same way? If that would be the case please take a look at the NCPSA's website http://www.nspca.co.za if you scroll down and look at the bottom right where they mention projects that they receive funds form you will see Give For Life.
        There is no such thing as problems, only temporary situations without a solution.

        Do you need specialized agricultural or construction short term insurance? Contact Herman 083 788 3365

        Comment

        • sterne.law@gmail.com
          Platinum Member

          • Oct 2009
          • 1332

          #34
          Okay so, lets use 30% as an example of the amount put to commision -
          If you recruit me(I use the word recruit only because it is easier) you get 15% of my monthly fee.
          I then recruit Peter Pan - Now I get 15 % of Peter Pan and you get 5% of Peter Pan monthly fee (we working with R189)
          Peter Pan recruits Wendy - So Peter gets 15% comm on wendy R189
          I get 5% of Wendy, plus 15% of Peter Pan
          You get 5% of Wendy, 5% of Peter Pan and 15% of me
          The charity in turn is getting 10% of You, Me, Peter Pan and Wendy - a total of R75.60 being ten percent of 4members X R189 = R756
          Am I correct so far, the actual percentages aside, just trying to keep the maths simple?
          Anthony Sterne

          www.acumenholdings.co.za
          DISCLAIMER The above is merely a comment in discussion form and an open public arena. It does not constitute a legal opinion or professional advice in any manner or form.

          Comment

          • Hane
            Email problem
            • Jan 2010
            • 45

            #35
            No Charities get 20% of each sign up
            (I'm going to use actual % it makes it easier for me to explain)
            I sign up R189 - charity gets 20% = R38
            U sign up R189 - I get 33% = R63 Charity gets 20% = R38
            Peter Pan sign up - I get 6.5% = R12 U get 33% = R63 Charity gets 20% = R38
            Wendy sign up - I get 4% = R8 U get 6.5% = R12 Peter gets 33% = R63 Charity gets 20% = R38

            So that is R189 x 4 = R756
            Charity get R152 and the rest goes to commission and admin fees
            There is no such thing as problems, only temporary situations without a solution.

            Do you need specialized agricultural or construction short term insurance? Contact Herman 083 788 3365

            Comment

            • Hane
              Email problem
              • Jan 2010
              • 45

              #36
              If I get 1 person to sign up and everyone else also gets 1 person to the 5th level. So in total there is 5 people.

              I would get R95 from my recruiters and the charities would get R189 from my recruiters
              There is no such thing as problems, only temporary situations without a solution.

              Do you need specialized agricultural or construction short term insurance? Contact Herman 083 788 3365

              Comment

              • sterne.law@gmail.com
                Platinum Member

                • Oct 2009
                • 1332

                #37
                Okay good, real percentage is best. So by 5 levels we need to add in one more person, lets say Tinkerbell.

                Team Leader (You)
                Anthony(me)
                Peter Pan
                Wendy
                Tinkerbell
                Comm Structure -
                1st - 33%
                2nd - 6,5 %
                3rd - 4 %
                4th - ????

                And to be clear on the only 5 levels -
                After Tinkerbell you cannot have more people in that chain, but can start another chain with a direct recruit?
                In turn I can recruit one more after Tinkerbell and must then start another chain. My new has no benefits to you, it is now independent?
                Anthony Sterne

                www.acumenholdings.co.za
                DISCLAIMER The above is merely a comment in discussion form and an open public arena. It does not constitute a legal opinion or professional advice in any manner or form.

                Comment

                • Hane
                  Email problem
                  • Jan 2010
                  • 45

                  #38
                  Commisson For the 5 levels if you take the R189 Bronze package
                  1. 33.33%
                  2. 6.5%
                  3. 4%
                  4. 3.17%
                  5. 3%

                  I will only receive commission up to the 5th level. So after Tinkerbel I cant get commission. Who ever she recruits is level 6

                  I can start a new leg and receive commission up to the 5 level. Whoever you sign up I will get commission from as well. They will always be my level 3, 4 and 5. So i will get commission from anyone that is signed up from my 5 levels, horizontally. I can never receive commission from any level after 5, vertically.
                  There is no such thing as problems, only temporary situations without a solution.

                  Do you need specialized agricultural or construction short term insurance? Contact Herman 083 788 3365

                  Comment

                  • Hane
                    Email problem
                    • Jan 2010
                    • 45

                    #39
                    I just noticed that Tinkerbel is level 4
                    1. Anthony(me)
                    2. Peter Pan
                    3. Wendy
                    4. Tinkerbell
                    5. Someone
                    After this I cant get more commission
                    6. Someone Else
                    There is no such thing as problems, only temporary situations without a solution.

                    Do you need specialized agricultural or construction short term insurance? Contact Herman 083 788 3365

                    Comment

                    • sterne.law@gmail.com
                      Platinum Member

                      • Oct 2009
                      • 1332

                      #40
                      Okay good. So you can start new legs once you have 5 under you.
                      To be clear on the horizontal maths -
                      When i start a new leg, you obviously cannot get 33% again, so you get 6,5% 4% 3.17% and 3% OR comm form the first 4 people under em? Have I got this part right?

                      Secondly the breakdown in a full single chain is as follows -
                      R189 a month
                      Charity got - 20 % from everyone
                      Commisions total 49,67% being(33 + 6.5 + 4 + 3.17 + 3)
                      And the association gets 30.33%
                      Anthony Sterne

                      www.acumenholdings.co.za
                      DISCLAIMER The above is merely a comment in discussion form and an open public arena. It does not constitute a legal opinion or professional advice in any manner or form.

                      Comment

                      • Hane
                        Email problem
                        • Jan 2010
                        • 45

                        #41
                        Originally posted by sterne.law@gmail.com
                        Okay good. So you can start new legs once you have 5 under you.
                        To be clear on the horizontal maths -
                        When i start a new leg, you obviously cannot get 33% again, so you get 6,5% 4% 3.17% and 3% OR comm form the first 4 people under em? Have I got this part right?
                        Yes that's right

                        Originally posted by sterne.law@gmail.com
                        Secondly the breakdown in a full single chain is as follows -
                        R189 a month
                        Charity got - 20 % from everyone
                        Commisions total 49,67% being(33 + 6.5 + 4 + 3.17 + 3)
                        And the association gets 30.33%
                        Yes, but they round the numbers so for bronze commission payouts are 50%. The association gets less as you go up with the packages E.g. the platinum packages pays out 65% in commission, charities get 20% and the association gets 15%
                        There is no such thing as problems, only temporary situations without a solution.

                        Do you need specialized agricultural or construction short term insurance? Contact Herman 083 788 3365

                        Comment

                        • sterne.law@gmail.com
                          Platinum Member

                          • Oct 2009
                          • 1332

                          #42
                          I like the rounding numbers(i must say 3.17 irritates me)
                          Anthony Sterne

                          www.acumenholdings.co.za
                          DISCLAIMER The above is merely a comment in discussion form and an open public arena. It does not constitute a legal opinion or professional advice in any manner or form.

                          Comment

                          • Hane
                            Email problem
                            • Jan 2010
                            • 45

                            #43
                            There is no such thing as problems, only temporary situations without a solution.

                            Do you need specialized agricultural or construction short term insurance? Contact Herman 083 788 3365

                            Comment

                            • Hane
                              Email problem
                              • Jan 2010
                              • 45

                              #44
                              Now what is your conclusion or do you have more questions? Will gladly answer
                              There is no such thing as problems, only temporary situations without a solution.

                              Do you need specialized agricultural or construction short term insurance? Contact Herman 083 788 3365

                              Comment

                              • sterne.law@gmail.com
                                Platinum Member

                                • Oct 2009
                                • 1332

                                #45
                                Okay, so if my maths is correct. You need 2 complete chains under you(total50% commision) to recoup your R189? Also working on the premise that people under you have no recruits or horizontal chains.
                                Last edited by sterne.law@gmail.com; 16-Feb-10, 11:51 AM. Reason: Added logic
                                Anthony Sterne

                                www.acumenholdings.co.za
                                DISCLAIMER The above is merely a comment in discussion form and an open public arena. It does not constitute a legal opinion or professional advice in any manner or form.

                                Comment

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