When doing some keyword research I found out that a lot of people are searching for the keyword "MLM Secrets". So I guess the question I have is this ... Are there really such things as secrets in MLM? Is there any magic sauce that will guarantee your success in MLM / Network Marketing?
MLM Secret # 1 - Fall in Love with your product, company and culture. Find a product that you can be passionate about. While it IS possible to have success even if you're not in love with the product , a passion for the product will just make your job a lot easier. Be a product of the product
MLM Secret # 2 -- Don't be a secret agent. You can have the best product in the world but if you don't tell anybody about it you not to make any money. So be an evangelist for your company and products. Shout ti from the rooftops. And most importantly be a "Product of the Product". If you don't use you own product why should anybody else?
MLM Secret # 3 -- Be consistent. It is much better to work an hour or two a day on your MLM business than do nothing all week and try to make it up all on the weekend. It's like a snowball rolling downhill. If you are constantly stopping and starting your business your momentum will slow.
MLM Secret # 4 -- Focus. With the advent of the Internet it is very easy to get distracted. If you are on Facebook or any other social media site you probably get hit up with a dozen opportunities per day. Remember this, you can't do them all. So pick one, put your blinders on, and get to work.
MLM Secret #5 -- Brand yourself, not your company. People join people, not companies. When I first got involved with MLM I used to promote it on America Online (AOL). I would always pick an AOL screen name that had the name of the MLM company that I was involved with in it. After going through several MLM companies in my first few years and having to change the screen names I finally realized I should just brand myself and so I took the AOL screen name "Jack Bastide".
MLM Secret # 6 -- Work on yourself more than you work on your business. There's an old saying leaders are readers. Instead of watching mindless TV why not pick up a personal development book or listen to an audio? Fill your mind with success principles stuff and you will have success.
MLM Secret # 7 -- If you can't change your friends ... change your friends. Many friends may tell you that MLM doesn't work. It's a scam. These are the same people were living paycheck to paycheck and going to a job that they absolutely hate. So why would you take financial advice from somebody that's not having the financial results that you want? They say that your income will be the average of your five closest friends. Start hanging out with like-minded people
MLM Secret # 8 -- Be a perpetual student. When you think you know it all you're about to have a fall.You should always be sharpening your ax. Be a student of marketing.
MLM Secret # 9 -- Your product is not your product. Your product is people. Always be building your network and never prejudge anybody. Did you ever wonder why certain people can join an MLM company and rocket to the topic compensation plan in The blink of an eye? It's because of their relationships. The larger your network, the larger your net worth.
MLM Secret # 10 - Never give up! If is often said that most people quit right before they are about to have success. One of my friends joined 11 Network Marketing companies in 10 years and never sponsored a single person.
In his 12th company he became a millionaire
I hope you enjoyed these 10 MLM Secrets. Please comment below with any of your own secrets...
Monday 27 April 2015
Sunday 26 April 2015
How to find UK property deals in YOUR own area...
50% off! Use the voucher code "network1"
Finding you are getting frustrated in trying to unearth deals?
Hardly surprising when property auctions are PACKED and amateur investors and competing for the low hanging fruit.
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Repossessed properties
Probate property sales
Wrecks in need of refurbishment
Development Opportunities
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ONLY see the types of properties YOU are interested in.
Check out this deal below we found in under 2 minutes – this type of deal is the kind of opportunity that could make you your annual salary in just 6 weeks?
The potential profit in this property could be a massive £30,000.
Opportunities just like this one are available instantly from the Repolist website. Repolist is the leading source of repossessed and discounted property across the UK. Thousands of investors hear about bargain property in their area FIRST through Repolist so why not join them today?
Take a look at the opportunity below:
Surrey - 2 Bed 2 Bath maisonette
Large private garden,
In need of some modernisation.
Asking £175k estimated works £12,500 value after work £220k.
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Join Repolist today to make sure you hear about the best deals in your area first.
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For just £10 a month you can get notified about repossessed property deals in your local area and across the UK.
Are we saying you should buy this property?
No!
A whole lot more due diligence and research would be required to find out if this is a deal that could work for you.
But it is without a doubt an opportunity worth some further investigation.
Text me ADRIAN HIBBERT on +44 7966 871854 if you want to Attend a Property Workshop in the UK for One Full Day 10am - 6pm for just £50 and learn a number of Creative Strategies on How You Can Own Property for FREE and even STOP any Repossession in your local area...
Wednesday 22 April 2015
Pension Scheme Conversion of Commercial Property to Residential...
Pension Scheme Conversion of Commercial Property to Residential
We are regularly asked whether it is possible for a SSAS to acquire a commercial property (or land)
and convert it into residential property, thereby benefitting from a substantial tax free gain on the
sale of the property. With the high current demand for residential property, high supply of low cost
unused commercial property and easier planning rules, this would be a popular strategy for pension
scheme investment. The answer is “maybe” and this mailing aims to explain the issues, complexity
and possibilities available.
The Rules
The basic rule is that a UK pension scheme can purchase commercial property or land and can obtain
planning permission to convert or develop that property to lease or sell. There is a proviso that if the
pension scheme is deemed as “trading” then the profits will be taxed as a trading receipt (i.e.
corporation tax is payable). This is established by applying the HM Revenue & Customs Badges of
Trade to the activity: http://www.hmrc.gov.uk/manuals/bimmanual/BIM20205.htm. We feel that by
only carrying-out a development once or infrequently, any challenge of trading can be avoided.
The other essential rule is that the pension scheme must not at any time hold residential property or
it will be subject to extremely penal tax charges. The HM Revenue & Customs definition of the point
at which a property conversion becomes residential is contained in the following link:
http://www.hmrc.gov.uk/MANUALS/RPSMMANUAL/rpsm07109090.htm.
On speaking to architects, we understand that in the case of property conversion, the certificate of
habitation referred to by HM Revenue & Customs is actually a Completion Certificate that the
architect will issue.
It is therefore essential that with a commercial to residential conversion, the property is removed
from the pension scheme BEFORE the architect’s Completion Certificate is issued.
The Problem
This rule causes a problem for the pension scheme because it is very difficult to sell an uncompleted
property. In most cases the purchaser’s solicitor will request a copy of the Completion Certificate
and will advise their client not to proceed if this is not forthcoming. In addition, it is practically
impossible for a purchaser to obtain a mortgage without a Completion Certificate.
The Solution
We know of three methods that can be used to remove the uncompleted property from the pension
scheme although none are ideal and have their complications.
1. Find a Cash Buyer
The purchaser can be a connected or unconnected party. If connected, an open market valuation is
necessary. Provided the purchaser is aware that the conversion is not complete and there is some
further work to carry out to obtain the architect’s certificate, there is no reason for the sale not to
proceed. The purchaser can then sell-on the property and potentially make a small gain for the
completion work they carried out. Alternatively they can occupy or lease the property.
2. In-specie Loan to Unconnected Borrower
The SSAS is permitted to make loans to genuinely unconnected parties of up to 100% of its value and
can negotiate the terms with the borrower provided they are deemed to be prudent, secure and
commercial. A part-completed property could therefore be lent in-specie (i.e. the property
ownership is transferred to the borrower by way of a loan) to an unconnected party.
Example:
Jeanette has used her SSAS to part complete a conversion of a shop with offices above into a house.
She bought the shop for £75,000 and spent £50,000 on the conversion. The property is now valued
at £175,000.
She agrees with a local property developer to lend the property to them for £175,000 at 10% p.a. by
transferring the ownership of the property to the developer and taking a legal charge over the
property as security (there are some specific requirements to meet where residential property is
used as security for a loan from a SSAS). The developer completes the conversion over a three
month period and sells the house six months later for £220,000.
From their sale proceeds they repay Jeanette’s SSAS £188,125 (£175,000 capital and £13,125 loan
interest for nine months).
The gain by Jeanette’s SSAS and tax saved is:
Growth in property value during conversion £50,000
Loan interest received £13,125
Tax saved (£14,000 CGT assuming higher rate / £2,625 income tax assuming 20%) £16,625
3. In-specie Loan to Sponsoring Company
This is more complex and requires larger funds but is based on the underlying principle that a SSAS
can lend up to 50% of its net value to a sponsoring company. The conditions are:
The loan must be secured by a first legal charge on an asset with a value that at least covers
the loan capital and interest payments over its term
The maximum term is five years
Standard HMRC interest rate is 1% over bank base (currently 0.5%)
Loan capital and interest must be repaid at least annually in equal instalments over the term
of the loan.
This method can be explained by using an example:
Steve and Dave run a minicab and chauffeur business. They have combined personal pensions worth
£250,000. They establish a SSAS and transfer-in the personal pensions. They then buy a disused pub
in Bolton for £50,000 and decide to convert it into two residential flats which they believe will fetch
£140,000 each. The cost of the redevelopment is £60,000.
The SSAS commences the conversion and spends £50,000 to take the project near to its completion.
At this point the property is valued on the open market by a qualified valuer at £150,000 which is
50% of the total SSAS value which at that point is £300,000.
Steve and Dave establish a separate property development company that is funded by some cash
(assumed at £15,525 - see below) and which joins the SSAS as a participating company and pays a
small pension contribution to formalise its participation.
The SSAS then makes a one year in-specie loan of £146,675 to the new company by transferring the
property to the company for the value given in the valuation and the company pays £3,325 to the
pension scheme as a part purchase of the property (this is to ensure the value of the security of
£150,000 covers the loan capital and interest payments over its term). The SSAS takes a first legal
charge over the property as security for its loan.
Steve and Dave’s property company complete the conversion which costs another £10,000 and
obtain the completion certificate from the architect. They then sell the flats for £280,000 within one
year of the pension scheme loan being made.
The SSAS loan and interest accrued for one year are then repaid to the SSAS from the sale proceeds.
By making some assumptions of the costs, the estimated return and tax payable/saved is as follows:
Gain by the SSAS
Growth in property value during conversion £50,000
Loan interest payable by property company (assume repaid after one year) £2,200
Tax saved (£14,000 CGT assuming higher rate / £440 income tax assuming 20%) £14,440
Gain by the Company
Property sale proceeds (after costs assumed at £5,000) £275,000
Less costs of development/loan
Pension contribution £200
Part purchase of property from SSAS £3,325
Stamp Duty Nil
Solicitor’s fees for conveyancing and legal charge £1,500
Valuer’s fee £500
Completion of residential conversion £10,000
SSAS loan capital repayment £147,675
SSAS loan interest repayment £2,200
Total £165,400
Net proceeds £109,600
Tax payable (assume initial funding of £15,525 was a director’s loan and a
Corporation Tax rate of 20%) £18,815
Total gain (£14,440 tax saved by the SSAS and £90,785 net gain to the company) £105,225
Incidentally, the property company could pay an £80,000 pension contribution to the SSAS (£40,000
each) from the proceeds which would save a further £16,000 Corporation Tax.
Naturally, where a SSAS is carrying out a commercial to residential conversion we have to monitor
the development to ensure it is not completed within the pension fund. We therefore ask for dated
photographic evidence on a monthly basis during the process and a copy of the completion
certificate.
A major complicating factor is VAT which is often payable on the purchase of a commercial property
and on the costs of conversion. This would add an additional 20% to the costs which could make the
project unviable. We are not VAT experts but our understanding of the VAT position is as follows:
Firstly, at the point of purchasing the commercial property, if this is already subject to VAT, it is
possible to submit a form 1614D to the VAT office to avoid paying VAT on the purchase price
(because it is being purchased with the intention of a conversion to residential).
Secondly, as long as the pension scheme intends to make a zero rated taxable supply (by selling the
converted property either as a freehold interest or a lease over 21 years) of the partly completed
residential conversion it will be able to register for VAT and recover VAT incurred on the conversion
costs. It should be added that some conversion costs are blocked from VAT recovery (anything that
is not building materials such as carpets, curtains, fitted wardrobes and white goods). A pension
scheme is not permitted to purchase these anyway without incurring heavy tax penalties.
Thirdly, provided the sale of the partly converted property meets the following conditions, there is
no VAT on the sale price as this is zero rated:
A real and meaningful start to the conversion has been made
there must be a sale of the property or grant of a long lease
it must be a conversion of a non-residential property
it must not be converted into a holiday home
it must be the first grant of a major interest
it may be necessary to obtain a certificate (relevant residential/charitable use).
The final stage is that whoever buys the part completed property also needs to carry out some
meaningful work to the property if they want to sell it on with no VAT.
Unfortunately, the in-specie loan scenarios given above do not achieve the condition of a sale or
grant of a long lease. This means the SSAS would not be allowed to recover VAT on the conversion
costs although provided the borrower carried out some meaningful work to the property they could
sell it with no VAT.
Please note that we are not VAT experts so please do not consider this article to be VAT advice.
We hope this is of interest and explains the issues involved with this commonly asked question. For
more information or if you would like to discuss this further please contact us:
We are regularly asked whether it is possible for a SSAS to acquire a commercial property (or land)
and convert it into residential property, thereby benefitting from a substantial tax free gain on the
sale of the property. With the high current demand for residential property, high supply of low cost
unused commercial property and easier planning rules, this would be a popular strategy for pension
scheme investment. The answer is “maybe” and this mailing aims to explain the issues, complexity
and possibilities available.
The Rules
The basic rule is that a UK pension scheme can purchase commercial property or land and can obtain
planning permission to convert or develop that property to lease or sell. There is a proviso that if the
pension scheme is deemed as “trading” then the profits will be taxed as a trading receipt (i.e.
corporation tax is payable). This is established by applying the HM Revenue & Customs Badges of
Trade to the activity: http://www.hmrc.gov.uk/manuals/bimmanual/BIM20205.htm. We feel that by
only carrying-out a development once or infrequently, any challenge of trading can be avoided.
The other essential rule is that the pension scheme must not at any time hold residential property or
it will be subject to extremely penal tax charges. The HM Revenue & Customs definition of the point
at which a property conversion becomes residential is contained in the following link:
http://www.hmrc.gov.uk/MANUALS/RPSMMANUAL/rpsm07109090.htm.
On speaking to architects, we understand that in the case of property conversion, the certificate of
habitation referred to by HM Revenue & Customs is actually a Completion Certificate that the
architect will issue.
It is therefore essential that with a commercial to residential conversion, the property is removed
from the pension scheme BEFORE the architect’s Completion Certificate is issued.
The Problem
This rule causes a problem for the pension scheme because it is very difficult to sell an uncompleted
property. In most cases the purchaser’s solicitor will request a copy of the Completion Certificate
and will advise their client not to proceed if this is not forthcoming. In addition, it is practically
impossible for a purchaser to obtain a mortgage without a Completion Certificate.
The Solution
We know of three methods that can be used to remove the uncompleted property from the pension
scheme although none are ideal and have their complications.
1. Find a Cash Buyer
The purchaser can be a connected or unconnected party. If connected, an open market valuation is
necessary. Provided the purchaser is aware that the conversion is not complete and there is some
further work to carry out to obtain the architect’s certificate, there is no reason for the sale not to
proceed. The purchaser can then sell-on the property and potentially make a small gain for the
completion work they carried out. Alternatively they can occupy or lease the property.
2. In-specie Loan to Unconnected Borrower
The SSAS is permitted to make loans to genuinely unconnected parties of up to 100% of its value and
can negotiate the terms with the borrower provided they are deemed to be prudent, secure and
commercial. A part-completed property could therefore be lent in-specie (i.e. the property
ownership is transferred to the borrower by way of a loan) to an unconnected party.
Example:
Jeanette has used her SSAS to part complete a conversion of a shop with offices above into a house.
She bought the shop for £75,000 and spent £50,000 on the conversion. The property is now valued
at £175,000.
She agrees with a local property developer to lend the property to them for £175,000 at 10% p.a. by
transferring the ownership of the property to the developer and taking a legal charge over the
property as security (there are some specific requirements to meet where residential property is
used as security for a loan from a SSAS). The developer completes the conversion over a three
month period and sells the house six months later for £220,000.
From their sale proceeds they repay Jeanette’s SSAS £188,125 (£175,000 capital and £13,125 loan
interest for nine months).
The gain by Jeanette’s SSAS and tax saved is:
Growth in property value during conversion £50,000
Loan interest received £13,125
Tax saved (£14,000 CGT assuming higher rate / £2,625 income tax assuming 20%) £16,625
3. In-specie Loan to Sponsoring Company
This is more complex and requires larger funds but is based on the underlying principle that a SSAS
can lend up to 50% of its net value to a sponsoring company. The conditions are:
The loan must be secured by a first legal charge on an asset with a value that at least covers
the loan capital and interest payments over its term
The maximum term is five years
Standard HMRC interest rate is 1% over bank base (currently 0.5%)
Loan capital and interest must be repaid at least annually in equal instalments over the term
of the loan.
This method can be explained by using an example:
Steve and Dave run a minicab and chauffeur business. They have combined personal pensions worth
£250,000. They establish a SSAS and transfer-in the personal pensions. They then buy a disused pub
in Bolton for £50,000 and decide to convert it into two residential flats which they believe will fetch
£140,000 each. The cost of the redevelopment is £60,000.
The SSAS commences the conversion and spends £50,000 to take the project near to its completion.
At this point the property is valued on the open market by a qualified valuer at £150,000 which is
50% of the total SSAS value which at that point is £300,000.
Steve and Dave establish a separate property development company that is funded by some cash
(assumed at £15,525 - see below) and which joins the SSAS as a participating company and pays a
small pension contribution to formalise its participation.
The SSAS then makes a one year in-specie loan of £146,675 to the new company by transferring the
property to the company for the value given in the valuation and the company pays £3,325 to the
pension scheme as a part purchase of the property (this is to ensure the value of the security of
£150,000 covers the loan capital and interest payments over its term). The SSAS takes a first legal
charge over the property as security for its loan.
Steve and Dave’s property company complete the conversion which costs another £10,000 and
obtain the completion certificate from the architect. They then sell the flats for £280,000 within one
year of the pension scheme loan being made.
The SSAS loan and interest accrued for one year are then repaid to the SSAS from the sale proceeds.
By making some assumptions of the costs, the estimated return and tax payable/saved is as follows:
Gain by the SSAS
Growth in property value during conversion £50,000
Loan interest payable by property company (assume repaid after one year) £2,200
Tax saved (£14,000 CGT assuming higher rate / £440 income tax assuming 20%) £14,440
Gain by the Company
Property sale proceeds (after costs assumed at £5,000) £275,000
Less costs of development/loan
Pension contribution £200
Part purchase of property from SSAS £3,325
Stamp Duty Nil
Solicitor’s fees for conveyancing and legal charge £1,500
Valuer’s fee £500
Completion of residential conversion £10,000
SSAS loan capital repayment £147,675
SSAS loan interest repayment £2,200
Total £165,400
Net proceeds £109,600
Tax payable (assume initial funding of £15,525 was a director’s loan and a
Corporation Tax rate of 20%) £18,815
Total gain (£14,440 tax saved by the SSAS and £90,785 net gain to the company) £105,225
Incidentally, the property company could pay an £80,000 pension contribution to the SSAS (£40,000
each) from the proceeds which would save a further £16,000 Corporation Tax.
Naturally, where a SSAS is carrying out a commercial to residential conversion we have to monitor
the development to ensure it is not completed within the pension fund. We therefore ask for dated
photographic evidence on a monthly basis during the process and a copy of the completion
certificate.
A major complicating factor is VAT which is often payable on the purchase of a commercial property
and on the costs of conversion. This would add an additional 20% to the costs which could make the
project unviable. We are not VAT experts but our understanding of the VAT position is as follows:
Firstly, at the point of purchasing the commercial property, if this is already subject to VAT, it is
possible to submit a form 1614D to the VAT office to avoid paying VAT on the purchase price
(because it is being purchased with the intention of a conversion to residential).
Secondly, as long as the pension scheme intends to make a zero rated taxable supply (by selling the
converted property either as a freehold interest or a lease over 21 years) of the partly completed
residential conversion it will be able to register for VAT and recover VAT incurred on the conversion
costs. It should be added that some conversion costs are blocked from VAT recovery (anything that
is not building materials such as carpets, curtains, fitted wardrobes and white goods). A pension
scheme is not permitted to purchase these anyway without incurring heavy tax penalties.
Thirdly, provided the sale of the partly converted property meets the following conditions, there is
no VAT on the sale price as this is zero rated:
A real and meaningful start to the conversion has been made
there must be a sale of the property or grant of a long lease
it must be a conversion of a non-residential property
it must not be converted into a holiday home
it must be the first grant of a major interest
it may be necessary to obtain a certificate (relevant residential/charitable use).
The final stage is that whoever buys the part completed property also needs to carry out some
meaningful work to the property if they want to sell it on with no VAT.
Unfortunately, the in-specie loan scenarios given above do not achieve the condition of a sale or
grant of a long lease. This means the SSAS would not be allowed to recover VAT on the conversion
costs although provided the borrower carried out some meaningful work to the property they could
sell it with no VAT.
Please note that we are not VAT experts so please do not consider this article to be VAT advice.
We hope this is of interest and explains the issues involved with this commonly asked question. For
more information or if you would like to discuss this further please contact us:
Wednesday 15 April 2015
PPN Swansea - Progressive Property Network
PPN Swansea Returns on the 21st April.
Your hosts Kevin Poneskis and Caroline Benson
will be hosting an evening of networking.
So if you want to be a part of this, here's what
you need to know!
Location:
Mercure Swansea
Phoenix Way
Swansea
SA7 9EG
Date & Time: 21st April at 6:30pm!
Your Host:
Kevin Poneskis and Caroline Benson
Your Guest Speaker:
Gill Alton 
Gill is not a your classically trained IFA, but having
experienced financial hardship first hand she has a passion for
understanding the Pension world and for sharing how the changes
we have seen in recent years will mean many are heading blindly
towards a retirement of poverty, unless they act differently.
experienced financial hardship first hand she has a passion for
understanding the Pension world and for sharing how the changes
we have seen in recent years will mean many are heading blindly
towards a retirement of poverty, unless they act differently.
In line with her passion and desire to educate others about
building wealth through property investment Gill published her
book ‘Your Pension Shortfall, Your Retirement Rescue Plan’ in
2013 and has received outstanding reviews on Amazon.
building wealth through property investment Gill published her
book ‘Your Pension Shortfall, Your Retirement Rescue Plan’ in
2013 and has received outstanding reviews on Amazon.
In September 2014 she joined forces with Kevin Whelan Founder of
Kingswood Law IFA and Wealth Builders to expand her
understanding and help share how you can combine pensions and
joint ventures to create your own Pension Bank.
Kingswood Law IFA and Wealth Builders to expand her
understanding and help share how you can combine pensions and
joint ventures to create your own Pension Bank.
Finding all the money you could ever need for all the property
you would ever want.
you would ever want.
Book your ticket here:
Investing together for freedom, choice, and profit
Kevin Poneskis and Caroline Benson, Jamie Madill, Rob Moore, & Mark Homer
Progressive Property Network
Part of the Progressive Group
Saturday 11 April 2015
Tears and Anger as WorldWide Solutionz implodes...
As the situation over at Worldwide Solutionz continues to deteriorate, hopes that Marelize van Niekerk-Venter might come clean have been dashed.
Van Niekerk-Venter, along with various members of her family, masterminded the global Ponzi operations of Worldwide Solutionz.
In October of last year, WorldWide Solutionz became the subject of multiple regulatory investigations in South Africa.
Van Niekerk-Venter (right) has maintained that no such investigations exist, however it has become increasingly difficult for her to maintain the charade.
Marelize’s latest update to the WorldWide Solutionz faithful portrays the scheme at breaking point, with “voluntary insolvency” her latest ploy to delude victims of the scheme.
Dear WorldWide SolutionZ Members,I write this with tears running down my cheeks for all of the anger and disappointment I feel for more than 16 years of hard work and aspirations coming to this now.Anger and disappointment just like each of our members, specially the loyal ones – I am so sorry.A great measure of disappointment for such little support shown by the members, the balance of the members, and especially for the massive harm intentionally inflicted by members and others.I truly believe that with patience and cooperation from more, we could have gotten back on track over time.
What starts off as a promising attempt to apologize to the victims van Niekerk-Venter (right) scammed, unfortunately then turns into a “blame the haters” diatribe.Unfortunately, people have instead chosen to interfere and disrupt.Because we were already facing challenges and struggles, the efforts of Mr. Darryl White, Lyndell, Oz, Mr. van der Bijlt and others taking similar actions amounted to the final straw that breaks the camel’s back.These people surely do not realize they harm not only WWSz as a business, but also our members and our ability to supply food for the children we have been caring for.I can only hope that in the future people like Mr. White and others like him will consider the larger picture and consequences for others and rather try to help instead of working only for personal attention.
What specific actions those mentioned by Marelize may or may not have taken is unclear. I myself have done nothing but report the facts here at BehindMLM.
The bottom-line though is that van Niekerk-Venter, through operation of the Worldwide Solutionz Ponzi scheme, has brought this all entirely on herself.
Nobody is responsible for the ripping off of Worldwide Solutionz investors other than Marelize herself. And the sooner she publicly acknowledges that, the better.
If we could just get more than half of the members to support us rather than cause pain, we might have been back on track weeks ago. But that was unfortunately not the case. I am so sorry for the true supporters.Due to the extreme pressure added by people like this and their gullible followers and the unexpected financial burden caused by the whole unplanned-for process and restructuring of WWSz, we have been put in a position with no other choice than to seek voluntary insolvency.
Word on the grapevine is that South African regulators had assumed that the scheme had shutdown while they continued to investigate.
Marelize however was trying to continue the scheme offline and in secret. Once uncovered, regulators put a stop to her actions and now you have her trying to save face with claims of “voluntary insolvency”.
Under this ruse, van Niekerk-Venter urges her investors to provide her and her legal team details, which will no doubt be used to defend the scheme once the regulatory investigations are finalized.
Every member who wishes to participate must send an email as directed below.Please be advised that your email response will become part of the official, legal records. The legal team will collect this information for the legal business files and review.Further be advised that you will not receive direct response to any comments or questions you might include, although the legal team may see fit to close accounts based on additional information you might send based on the Membership and PMA agreements.
I’m not in the habit of dispensing advise pertaining to regulatory matters, but in this instance I’d strongly advise those who lost money in the scheme get in touch with South African regulators.
As above, investors who provide further information to Marelize van Niekerk-Venter will not be communicated with. To what end she and her legal team will use information provided may pose a risk to those who provide it.
Somewhat ironically, Marelize then goes on to explain that ignorance of the law is not an excuse…
In joining us for this please remember, ignorance is no excuse for WWSz or for members legally whether we knew the laws or not is no excuse.NOTE: WorldWide SolutionZ has not been conducting business since Dec 19 2014.The website will be officially removed from the internet following the court case/s.
Why van Niekerk-Venter herself refuses to admit she ran a global Ponzi scheme is an ongoing mystery.
Fragments of remorse do grace the closing of Marelize’s latest communication, however the question of genuinity lingers:
With a broken heart, cried empty I am sorry. All I ever wanted was to feed and take care of children and help people make a better living. I never realized that trying to get help will do any harm.This I promise, not the same way as I have learned my lesson, but I will make this right some time and I will feed the children and help who helped me again.To those I hurt, please forgive me.To all my supporters and everyone who carried me through this time, specially some of our members, legal and finance teams and my boys, thank you.A long road ahead but with the help of our Father and the protection of the Angels we will get through this too.Believe me or not, I love and care for each of you like family and it pains me that you are hurting.I never expected the banks or reserve bank or municipality or government not to guide and help and protect us, I thought they, just like me, would see the good and progress helping more and more people.The saddest of all is the threats and realization how many members never cared what we are truly about and what this is now doing to the children and our members.But that is life and the hold that many people allow money to have in their lives.With all my heart I am sorry.Please note, I (Marelize and my family) will not be allowed any personal contact until the case is finalised. Also phone numbers and other ways of communication is guided via this e mail only.With all my love and care, please forgive me…Love, Light and GratitudeHoping to reconnect sooner than we think in a good way.
Marelize
That van Niekerk-Venter will eventually be charged and face jail time is extremely likely, with regulatory investigations into the company ongoing.
Meanwhile the extent to which Marelize and the van Niekerk-Venter family scammed investors around the globe has yet to be formally clarified.
Stay tuned…
Original Post from: http://behindmlm.com/companies/worldwide-solutionz/tears-and-anger-as-worldwide-solutionz-implodes/#more-22217
Sunday 5 April 2015
Is a Home Business Right For You?
Copyright © Stone Evans, The Home Biz Guy
Every morning as people wake up and make the commute to work,
many dream of the day when they will finally work for
themselves. Every time the boss lets someone know that they must
give up their weekend plans for the good of the company, people
contemplate the benefits of being the owner of their own
business.
many dream of the day when they will finally work for
themselves. Every time the boss lets someone know that they must
give up their weekend plans for the good of the company, people
contemplate the benefits of being the owner of their own
business.
Are you one of these people?
If you are, it is important to ask yourself some very important
questions before you make the uncertain leap into
self-employment.
questions before you make the uncertain leap into
self-employment.
Many dream of the benefits of home business ownership, but few
take into account the sacrifices that must be made to bring the
dream to fruition. Please don't make this mistake yourself.
take into account the sacrifices that must be made to bring the
dream to fruition. Please don't make this mistake yourself.
You must approach home business ownership with your eyes wide
open. Ask yourself the important questions, and more
importantly, answer your own questions openly and honestly.
open. Ask yourself the important questions, and more
importantly, answer your own questions openly and honestly.
AN IMPORTANT CONSIDERATION
Are you the type of person who relishes every chance to gather
around the water cooler for social interaction?
If so, then home business ownership may not be the right
decision for you.
Instead, if you feel that you can be quite content sitting alone
at your desk; speaking only to clients and really minding your
own home business, then you might have what it takes to succeed
as a home business entrepreneur.
If you feel at ease with your own company and don't need a dozen
coworkers milling around your desk, then you, too, could savor
the freedoms that will allow you and your family, to live the
lifestyle you know you want and deserve.
THE KEY TO HOME BUSINESS SUCCESS
Self-motivation is the key to success when you start a
home-based business. You need to possess the ability to push
yourself ahead. Your drive and determination will be reinforced
with every new sale.
The level of success that you will achieve greatly depends on
the time and effort you are willing to plow into your new home
business. Your organization, planning and marketing skills, will
all be put into practice when you embark on your liberating
journey from employee, to being your own boss.
In fact, you willbe the wearer of many hats and gain a wealth of business
experience along the way, when you finally make that commitment
to work at home.
YOUR SUCCESS RESTS ENTIRELY UPON YOUR OWN SHOULDERS
You will now be the boss. Are you truly able to work
independently? Do you have the drive; the tenacity, to persevere
with your home based business?
Will you be able to invest the necessary time to nurture it, to watch it
grow and see it through, from germination to full, glorious bloom?
When you're the boss, you are responsible for the success of your home
business, from A to Z, from disappointments to victory.
When you work at home, it will empower you to achieve many
things you were unable to do when you were stuck working for
that tyrant boss. Remember him? He's the guy that wouldn't let
you take time off when your baby was sick...the same guy that
called you in to work on Thanksgiving Day.
A home business means that you can take good care of your family
and make money from home, simultaneously. You will have the best
of both worlds! Just think--no more dirty laundry piling up--you
can do it while you work. No more scurrying around at the last
minute searching for a babysitter either. And no more worrying
about getting fired; you'll be the boss!
IN CONCLUSION...
Stay positive and focused on your home based business, even if,
when sales aren't up to par, you get occasional negative remarks
or derogatory comments from people with stuffy, dead-end jobs.
Ignore their cutting words and bear in mind that success is the
best revenge!
Keep your admirable, positive attitude at the
forefront and show them what you're made of!
Resource Box:
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Stone Evans, The Home Biz Guy can help you launch your very own
money making website today that's 100% ready to take orders and
pull in massive profits for you right now ... guaranteed! Visit:
http://www.PlugInProfitSite.com/main-38247
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-----------------------------------------------------------------
Stone Evans, The Home Biz Guy can help you launch your very own
money making website today that's 100% ready to take orders and
pull in massive profits for you right now ... guaranteed! Visit:
http://www.PlugInProfitSite.com/main-38247
-----------------------------------------------------------------
Monday 30 March 2015
Cardiff Pin - Property Investors Network - 24th April, 2015
A common problem that many landlords face is the issue of tenancies and the pitfalls of such agreements. Whether you own 1 property or 100, you will want to make the most of what you have along with maximising your personal gain.
I have asked Arsh Ellahi, who has an impressive 100% rent collection record with over 500 tenants, to come to your local Cardiff pin meeting in April. Arsh only houses tenants who claim housing benefits and he will be sharing with you how to get a tenant, house them, complete the forms and arrange for their rent to be paid to you each and every month, without much effort. These tried and tested methods are proven to create yields of 20-30% within the UK, even in the current climate.
Arsh Ellahi will share with you his wealth of experience in this sector and how to make the most of the benefit market.
By the end of the night you will have an array of strategies that you can put into practice the following morning to maximise your full rental potential. Make sure you book your place now for Tuesday 14th April 2015 at:
I have asked Arsh Ellahi, who has an impressive 100% rent collection record with over 500 tenants, to come to your local Cardiff pin meeting in April. Arsh only houses tenants who claim housing benefits and he will be sharing with you how to get a tenant, house them, complete the forms and arrange for their rent to be paid to you each and every month, without much effort. These tried and tested methods are proven to create yields of 20-30% within the UK, even in the current climate.
Arsh Ellahi will share with you his wealth of experience in this sector and how to make the most of the benefit market.
By the end of the night you will have an array of strategies that you can put into practice the following morning to maximise your full rental potential. Make sure you book your place now for Tuesday 14th April 2015 at:
Kind Regards
Simon Zutshi
Founder, Property Investors Network
Simon Zutshi
Founder, Property Investors Network
Wednesday 25 March 2015
Can you meet me TONIGHT at 7pm- 9pm in Birmingham ?? 26th March, 2015
Can you meet me TONIGHT at 7pm- 9pm in Birmingham ??
OPPORTUNITY of a LIFETIME !!!
Hagley Road
Edgbaston
Birmingham
B16 9RA
Text me or call me for the Full Address of the Event...
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The only Revenue Share I company I know of that will take payment on a Credit Card..
Please register a Fr.ee account on the link below first then call me on +44 7966 871854
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If you looking for an exciting new venture and you are SERIOUS about making 2015 a great year,
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Text/Call me on +44 7966 871854 if you want to talk about this prior to the Hangout/Webinar
Text/Call me on +44 7966 871854 if you want to talk about this prior to the Hangout/Webinar
Always be Awesome !!!
ADRIAN HIBBERT 【ツ】
Property Professional & Internet Marketer
Let me Retweet your Business Daily to my 300,000+
followers for only £10 a month - Get Massive Exposure for your Business Locally
and Nationally...
Property Professional & Internet Marketer
Tel/Text: UK Call me anytime
Executive Suite, The Headlands, Hayes Point, Sully, Vale of Glamorgan, WALES, UK, CF64 5QH
"In the long run, it’s not just how much Money you make in your Business that will
determine your Wealth but how much of that Money you put to work by investing in the
correct ASSETS..."
P.S Don't forget I am here to HELP you set up a FREE BLOG/WEBSITE
Please ask me and call me to arrange a FREE Consultation
so I can get you Up and Running...
Executive Suite, The Headlands, Hayes Point, Sully, Vale of Glamorgan, WALES, UK, CF64 5QH
"In the long run, it’s not just how much Money you make in your Business that will
determine your Wealth but how much of that Money you put to work by investing in the
correct ASSETS..."
P.S Don't forget I am here to HELP you set up a FREE BLOG/WEBSITE
Please ask me and call me to arrange a FREE Consultation
so I can get you Up and Running...
My Website/Blog
http://www.TheSmartWaytoMakeMoneyOnline.com
http://www.TheSmartWaytoMakeMoneyOnline.com
Follow Me On Pinteresthttp://www.Pinterest.com/Adria
Let me Retweet your Business Daily to my 300,000+
followers for only £10 a month - Get Massive Exposure for your Business Locally
and Nationally...
Thursday 12 March 2015
UK Land Finding ALL YOU NEED...Assisted Sales, Lease Options, Title Splitting..
Can You Spot the Opportunity Here?  We have a saying on Millionaires Together, that it's not who sees an opportunity
but who seizes the opportunity that counts.
If you can spot simple opportunities within your local area and if you can talk personably with people, whilst being supported with professional literature and paperwork then YOU can thrive in property investment in your local area. Let me know what you think it is :) |
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I am delighted to announce that we have a range of dates available for you to attend turning point UNIQUE property investment events.
(check out our feedback here, from students who are making money). No one teaches like we do at Millionaires Together. You get everything I use now, today and have used historically to get consistent results and complete hundreds of property deals: You learn multiple strategies and specialist knowledge so that you do not have to railroad or pigeon hole vendors and property owners. You follow clear process flowcharts so you are not left guessing or wondering what to do next. You benefit from marketing and sourcing materials, scripts and insights, covering all sourcing channels allowing you to source deals whether on, or off market. You get robust strategy specific contracts that are not available anywhere else so that you can secure your deals and be confident that you will be paid for your efforts. You are reassured by high levels of support (which other property trainer allows you to message them on email or have their mobile number for deal support?) so you don't miss opportunities that you could profit from. Here are the forthcoming events:
"Land Finding ALL YOU NEED" (now only 5 spaces remaining)
Easter Weekend, Saturday 4th and Sunday 5th April, 10am - 6pm in Milton Keynes. At the end of this 2 day event you will have all of the knowledge, sourcing letters and contracts which you need to transact and thrive in this lucrative property niche. Attend for a fully inclusive price of just £597 (Partners Half Price). To learn more about Land Finding visit http://www. To reserve your place visit: http://www. "Profit from Title Splitting (TS) and Leasehold Title Creation (TC)" 1 Day Event Saturday 18th April 2015 10am - 6pm in Milton Keynes. At the end of this event you will have all of the knowledge and letters to allow you to identify, transact and profit in this property niche. Attend for a fully inclusive price of just £297. Partners are half price. To learn more about Title Splitting and Leasehold Title Creation visit http://www. To reserve your place visit: http://www. "Assisted Sales" - Saturday 21st March 10am - 6pm in Milton Keynes only 3 guest spaces available alongside our existing students. This is a brilliant opportunity to learn a very effective strategy. One of our students received £28,000 profit in December from a "no money down" Assisted Sale deal. Attend for a fully inclusive price of just £297. To learn more about Assisted Sales visit: http://philmartinproperty. "Lease Options, Mortgage Transfers and Contract Purchases" 16th and 17th May This will be a sell out 2 day event, email to register your interest early, bookings opening soon. Early Bird price £400, standard price £597. After these 2 days there will be nothing else you need to transact and no excuse not to start earning money. Introductory information on the strategies here http://www. AND The one you have been waiting for.........
You may think that you have experienced "property education" before, or that you know all about Land Finding, Lease Options, Flipping Properties from Contract, Mortgage Transfers, Assisted Sales, Profitable Property Management Including Rent to Rent, Right to Buy Tenancies, Title Splitting, Repossession Stopping, Relocation Packages, Below Market Value, Creating Equity, Buying Distressed Businesses, Joint Ventures and a whole range of quickly profitable strategies, BUT I GUARANTEE YOU HAVE NEVER EXPERIENCED ANYTHING LIKE MILLIONAIRES TOGETHER.
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