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John if you don't mind me asking, what costs are associated with your ventures, before tax of course? I'm assuming what you claim you make is revenue and not the net profit. And since we're being honest here, how much have you net in the last 2 years? Is this passive income continuing to grow or has it been more of a stable thing? |
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If your friends takes you out for dinner, then you have a free dinner. Sure, you may have earned it because you help him moved or something, but you still have a free diner. Your friend didn't have to buy it for you. The free car is the same way. The company didn't have to buy (or lease in this case) it for me. They added the program as an additional reward on top of everything else. I wasn't expecting it, but it was a nice surprise. |
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THIS IS AN AUTOMOTIVE FORUM. I don't care that this is posted in the "off topic" area it has no place being posted on RS. In fact I believe RS has too many off-topic areas of discussion altogether, CiC needs to be banned and we need to get rid of the fight club area... Back on topic, just because MTTB has tweaked the formula for income in that you only receive money back on the two people you recruit does not mean that its not an MLM. There are still multiple levels, its just the person at the top doesnt get money from the people at the bottom. Back in the day they used to do what were called 8-ball MLM's. Where each person could only ever recruit 2 people, and those 2 people could only recruit 2 people, was this not an MLM because you couldnt recruit more than 2 people? Fuck no, of course it was still an MLM. |
Sorry but we are no longer just a car forum. We aren't about to say "No, we don't want your traffic." to all the different folks that talk about all sorts of different topics here on REVscene. You don't have to go to the off-topic areas. |
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Anyways I reached out to CBC because I thought Mr. Chow's "CBC documentary" looked pretty amateurish. Here is their response: Quote:
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I believe it was a documentary on social media in Vancouver and it was produced by a third party with funding from the CBC, where it aired. John was just one of the three segments of the doc. One was on John, one was Hootsuite and one was...I think something at a university. Don't remember. |
Ronin you get your free Mercedes yet? Because they are handing them out for free!!! |
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My email list is hosted by Aweber. At its current size, the bill is $1,000 per month. The Content Delivery Network (CDN) cost about $100 per month. VaultPress Back Service cost $40 per month. LinkTrackr tracking service cost $69 per month. Vimeo Pro account cost $17 per month. LeadPages landing page service cost $67 per month. 1000 attendee Go-To-Webinar service cost $499 per month. Accounting and legal average $300 per month. Advertising and promotions average $1,000 per month. Adding it up bring the cost of running my business to $3,692 a month. There are some smaller costs that I didn't include, like $45 a year for a Flickr Pro and $45 a year for a Premium Evernote account, but those are the fixed costs I pay every month. Mind you, this is the cost of my entire operation. If this was just MTTB, all you would need is LeadPages, Aweber, LinkTrackr, and a basic $5 per month HostGator account. I've only been with MTTB for a year and a month, so I don't have two years income to show you. This is my stats for the past 30 days. http://farm4.staticflickr.com/3786/1...fb6dc0de_o.png From Sept 17 to Oct 17, I generated $178,804.47 in total revenue. There was $441 of refunds. My net commissions from the sales were $61,994.77. This was generated by sending 5,156 unique visitors to the various MTTB sales pages. Each visitor was worth $12.02. At companies events, "cheques" are presented to licensees. These represent how much the licensee has earned in net commissions since joining. At the March event (I joined in Sept so six months) I got a cheque for $128,804.40. http://www.johnchow.com/wp-content/u.../03/photo1.jpg Four months later, that cheque went to $206,047.95. http://www.johnchow.com/wp-content/u...61-575x471.jpg At the next event in December, the cheque is estimated to be over $500,000. So pretty good growth. In addition to the commissions, I'm given a 2013 Mercedes-Benz SL550 for free. It's a two year lease and MTTB pays for it. While I don't pay for the car, this is a taxable benefit to me and it will have to be included in my tax return. The company also hold monthly contests with mostly cash prizes. I won $25,000 cash in the last one. https://scontent-a-sjc.xx.fbcdn.net/...73020149_n.jpg Since joining MTTB, I have won $73,000 in cash, $15,000 in gold coins, a $5,000 trip to Fiji (which I haven't took yet), and a Macbook Air. Adding it all up, I estimate my MTTB net income in 2013 will be around $600,000 on $1.6 to $1.7 million gross revenue. My blog used to have an income case study where I post how much it made every month and what I did to make it. The case study started in September 2006 and ran for two years. At the end of the two year period, the blog income was over $40K a month, with a daily average readership of 50,000. Today, the blog has an daily average readership of 250K. It's safe to say the blog income is doing OK. I try to automate everything as much as possible. The most time consuming thing in my business is my blog because it requires me to actually write articles for it. I do have three writers that provide additional content, but because the blog is named John Chow dot Com, readers expect to see me on it. My information product sales (which I haven't talked about) and MTTB are pretty much fully automated. The really funny thing is when I tell people how much it cost to run my Internet business, they are shocked that it cost so much! I guess people expect everything on the Internet for free. Seriously, how many million dollar businesses do you know that can be ran on less than $4K a month? |
http://www.infomercial-hell.com/wp-c..._seminar_1.jpg http://i.ebayimg.com/t/PROP-Money-50...Lrg~~60_57.JPG http://www.ebay.com/itm/PROP-Money-500-000-00-Lot-50-x-10k-Filler-Bundles-New-100-Bills-Movie-Stacks-/300933007446?pt=LH_DefaultDomain_0&hash=item4611014856 So you claim you won 73k. Is mttb running some type of lottery? |
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Like I said multiple times now, it's a 2-tier affiliate program. Just like the one Google used when they launched Google AdSense. I was making money by running Google ads on my blog. I was also making money by referring other bloggers to run Google ads on their blogs. Google gave me a cut of the money from the blogs I referred. If those other bloggers referred other bloggers to Google, Google pays those blogs a commission. I get nothing. I don't see why this is so hard to understand. But feel free to keep going with your MLM bent. |
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Cause he clearly stated: Quote:
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EDIT: oh and the funny part of his "driving with john chow" video is right after he states it was done by the CBC he goes on to explain "for the american viewers who dont know what the CBC is" that it is similar to the BBC (not an american broadcasting service, its british). I don't know if that means he thinks that the BBC is american or if he just used a really stupid example... |
^ I hope you realize how badly you're being owned right now. Once again. Here's the full documentary on the CBC website. Enjoy! Generation Social: The Vancouver Network - Absolutely Canadian - CBC Player |
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AND STOP COMPARING MTTB TO GOOGLE, google did not make people shell out $2000. Understand that we are never actually talking about the product you are selling, because the product you are selling is garbage (hence why google dumped it and moved on), we are always talking about the recruitment of people, because that is what the business actually is. Again, MLM's come in all different forms, I have demonstrated a bunch of different types, just because your format does not suit these types does not mean it is not an MLM, just means its a new format... To be clear there is only two options here, there is single tiered marketing, and multi level, since this is clearly not single tiered it must me multi tiered. You cannot debate this anymore... |
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Again, THE ACTUAL INFORMATION REPORTED WAS NOT VALIDIFIED BY CBC, they simply helped fund the video. You are lying when you present it as if the CBC stands behind what you are doing. And either way the video never talks about MTTB it is only talking about your blog, so MTTB is still a scam. |
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BTW - they're making a documentary movie about me. It comes out in 2014. You want to dispute that like the CBC documentary? Come on. Do it. I know you want to! :devil: |
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I've been interviewed enough times to know how it works. After the reporter talks to me, I would get calls from a rep at the news outlet to fact check. I don't see why I'm even debating this point. Anyone who has ever worked at a news outlet knows this. You accused me of posting a fake CBC documentary. When I show the doc, you completely ignore that you were wrong, and then claim the CBC didn't fact check. But wait! You said the CBC never did a documentary on me so how could they fact check? Just give up on this one. You lost. Pick something else to flight over. |
I think meme405 is about to have a stroke. |
This is fucking shameful. How, HOW, in a 2-on-1 battle against one little guy on the internet can you lose so horribly bad? He's an internet marketer for christ's sake. Half the work is done for you. |
I don't know why I expected you to know this but a lot of the content on CBC is created by contractors. They pitch stories to the CBC, they get approved funding and then they shoot it. I don't know how the process works but having been interviewed by them for food, hockey and other Vancouver related things, only twice were they actual CBC employees, if that's what you're wondering. One of the three segments was called "The John Chow Story" and aired on CBC, paid for by CBC, and one of the guys there was wearing a CBC jacket. You can mail whoever you want but...I was in the video, I think I would know. |
John, who decides what font type to use for those large cheques? |
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