BiggerPockets

Because of the economy we've got our fingers on a number of things. I decided to join a webinar for an online auction company a couple of weeks back which was presentred to me by a trusted associate and I ended up very impressed. I really think this is going to be very successful in America, unlike all the other crap that exists out there. It's a new auction site that launches this weekend here in America although it's already very successful in Europe. I think it would be wise of everyone to take the time and listen to the webinar. There is much more to this company then I had originally thought.

What I like most is that we don't have to sell, store or consume products. All we're doing is telling people about a cool new auction site. When they sign up for free to be part of the auctions and either buy credits or buy an auction item, I get paid. We have been doing this for years in the social networks with facebook, myspace, and even Bigger Pockets, but we do not get paid for making the referrals. With this company, you get paid as an associate.
The best thing for the consumer is that the price goes down and the lowest bidder wins, rather than like ebay where the highest bidder wins. The company is also paid through click through traffic just like the big boys (google, ebay, amazon, etc) and pay associates commissions for that traffic.

Then when they get excited about the site and tell others, their friends will sign up using their ID number and I get paid again. They can continue to tell others and allow me to get paid or they can become an associate and also get paid themselves. It's their choice. Either way word is going to spread and I am going to be paid on every customer that joins because of someone I brought to the site whether they are an associate or just an auction user. The viral growth with this model will produce passive income for efforts made.

I believe this company will be a multi-billion dollar company and will surpass companies like ebay and amazon, both of which are multi-billion dollar companies. This company already owns the largest search engine in Europe and soon will probably have the largest in the world! The search engine is one of the ways that click through revenues are made, which is the largets portion of income derived by sites like ebay and amazon, not from product sales.

Here are some of the facts from the Europe operations:
1. First 6 months of full operation has created 14,000 reps
2. There are 1.2 million retail customers; this is a customer driven business.
3. There are 100's of Associates making between $20,000 and $100,000.00 monthly.
4. There are some Associates making $100k-200k monthly.
5. Company test marketed for two years to iron out any bugs.
6. The company has invested over 80 million dollars, including the purchases of other companies along the way.
7. Be among the first movers for the US, Canada and South America. Public Launch Oct. 4, 2008.
8. Earn residual income in a multitude of ways with this global e-commerce business opportunity!

Due to the rules of the BP community, I will not post the url address without permission from Josh, so if you want info, you must email me. :lol:

Did you have to put any $$ up front?

Nevermind, read it in your answer.

A friend of mine came to me with a similar program maybe 2 months ago.

Instead of auctions, you basically looked at 12-15 websites per day and purchased 'ad packs' that would guarantee people (in the same program) would be looking at your site. Every day you earned hundreds of ad packs, which could eventually be converted to $$. Sounded like a very well thought out, interesting little set up. The only thing was that the company was not actually providing anything of value. It honestly relied on people contributing time and money.

My theory is this:

Companies should either need you to invest your time or your money. Whenever it is both, that means they are relying on others to submit their time and their money, which means your time is being spent looking for other people (which you are doing now) to submit time and money.

If you ever want to see if a company has value determine what would happen if everyone stopped finding new 'investors'. Because it will eventually happen.

I, of course, never put any money into it. My buddy lost $2k and another $500 he put up for his son when the company based out of Quincy, FL. when completely belly up.

Jason, I do not believe you fully understand the process here. As I said before, take some time to complete some due diligence and then make an informed decision rather than assuming something that may not be the case.

How do you think BP grew? You found the site, enjoyed it, and told others. Did that take time and effort, YES. Did it cost you $ - NO, but you also did not get paid either.
This company has everyday products (all brand new from the manufacturer) that we all buy, and all name brands.
For example, Apple Ipods, computers, sony, Gucci bags, rolex watches, Mitsubishi and Panasonic Flat Screen TVs, etc. etc.
The next time a consumer wnats a product, rather than go to Circuit City, they will search on this auction site and bid to get it below retail and have it delivered direct to their door. I do not see how that concept is anything less than genius, but if you want to assume something else, that is your choice.

Jason,
I respect what you said, but I did not post it to attempt to overcome challenges from the posters. It is simply an opportunity for anyone interested, if not, no prob.
Again, keep in mind that I have been presented with hundreds of MLM, network marketing, etc. ideas from friends, family, acquaintences, etc. and I understand why we all immediately put up "the wall". Been there done that man.

Yes you have to invest a small amount of money, but what business does not require start up $?
You do not have to bring others into the opportunity to make money. As I pointed out, the majoprity of the $ comes from the consumers. Thats it!

Update:
The owner of Dubli, Michael Hanson, will be live at select locations here in the US giving an informative presentation on the Dubli opportunity and answering all questions directly.
This is an opportunity to meet face to face with the owner and learn from his top team members.
Even more exciting, Mr. Hanson will be offering to some select business associates who are some of the first in, the opportunity for stock options in the company. Dubli is to go public on the European exchange prior to the expected Asia launch. This is a once in a lifetime opportunity! Just think if you had the opportunity to buy stock in Google or Ebay prior to them going public, just a small investment is worth millions only a few years later!

PM me or email me if you want info on the locations or info on this incredible opportunity.

You may also experience the auctions and become a customer for FREE. Contact me for a link.