cosway, to put it simple, the big company is very smart, d initial plan was to employ u and to pay u 10% of the sales volume everymonth, but how to get u sit down at the outlet n work very diligently ??

simple... to tell u tht the shop is yours... so u must open everyday
they put their stock there... to make sure u dont steal.... they tell u the shop is yours but u have to put deposit first...


no leave watsoever... cos the shop is yours...

darling .... it is actually they employ u to sit at their branch n pays u 10% sales revenue...

10% = in house salesman ... no biz no pay...i wonder y ppl dont notice tht

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Added on June 13, 2009, 12:57 pmi come in lowyat once a while to get a health check on current issues... well wat i noticed in this thread is all BAD BAD IRC... Ponzi ...madoff....bla bla bla( as usual) n i dont mind...

jus some comment... Mr Loh is the new owner of Pan Palace franchise... he is a very nice family man .... background...he is a GM of a japanese component company... 50+ , mayb u can say he got cheated by those bastards convincing him into opening one... mayb not... he got his own discretion... but jus wanna tell u guys, he is a good man... for the public, do give him some support at his outlet...say u r mr LOH's fren... i bet the service will b better....

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Added on June 13, 2009, 1:12 pmIsland Red Cafe spring is coming[SIZE=7] (chun tian lai le)

the moment of truth... for the past one yr, ppl has been saying tht island red is a ponzi n will collapse... but this words will slowly b muted... jus give them another 3months to proof to public tht they r not like the usual ponzi... (well as u can c,ponzi will never stop taking money from public) at least IRC got their limit, n integrity( only 200 lots means 200)

for the licensing issues... company takes it more seriously then anyone else... discreetly... those boards alw communicate n report to SSM,SC,KPDN,Bank Negara more often then u c ur own relative(uncles n aunties) .... n for those who think they minum kopi, u r wrong...makan n minum kopi n island red mayb le

for the food quality issues.... sigh...sad to say.... some of the items(not all) i can put it down my throat!!
but give them 3months.... biggest central kitchen will b set up.... a fleet of F&B specialist will b employed... i've seen their resumes... food audit officers will b on the road...

for the mgmt, didnt u all heard.... their founder MR Teoh has given his powers n authority to new gen mgmt, Mr Tedy Teoh will remain as company founder ( means playing Agong role) n new board n mgmt appointed(parliament) their prime minister(mr Ong-i've check his background, you'll b astounded)

so public... 3months

This post has been edited by BIGJO: Jun 13 2009, 01:13 PM

im a businessman, financial investments portfolio, marketing research consultant,
i dont know wat is scam or not scam...... we only measure the risk factor....n speak nothing but logic...

in my yrs of biz encounter as well as network marketing firms, some success stories n many failures, well in fact, often being heard is stories of the failures... to to pin point a scam... i do research on the profitability of a biz, n u all r right, many paying extraordinarily high returns....

but wat i know is, REAL biz can fail n be called a scam n FAKE(as dubious as it may seem) biz does eventually turn out to be REAL n LEGIT wen time comes....(not many,but some)

n i do understand that ,many networkers or ppl who join such scheme r normal people like u n me,( 100% populations-not all smart n lucky people) therefore , those who failed never blame themselves but the person who intro them/company/the mlm society, to keep it simple..."IT IS A SCAM!!!"

i do fell in love with the concept of mlm(who doesnt,with the $$$ behind) but at some point, will i fall out?? mayb ... but when we're here watching many people being to gullible/greedy/ignorant fell into the "mlm trap" ,it is really disheartening...
i call it "mlm rat race"... ppl subconsciously refuse to understand..... jus being gullible,innocent... again ur subconscious tots r" Show Me The Money" n being blinded by facts,logic n real mathematical figures. wen u failed, u blame others but not yourself...

so quit it, mlm rat race... dont b hurt... n stop criticizing, success doesnt come from it, but to focus on goodness alw give u miracle.... i do love constructive criticism though... mind sharing ur tots n ideas with me...

im interested in retail biz, shares & futures, commodities, mlm, plantations, n risk!

hello there,
i do admire ur courteousness and being direct, to keep it short, i wont eleborate much(like u wish)
100% invested - 15% paid as commission
-5% roi

kopitiam biz- one cup/plate-200%profit (rm3/cost is about rm1.00-1.50)
kopitiam biz, rm100,000 invested- if monthly making rm5000-can close shop already...

if they r paying me 5%roi .... n profiting from f&b industry... plus like u say some ponzi element... sounds like an interesting bet... kopitiam alone can make profit(if well planned) but + ponzi ... i tink i love the risk... if i loss, im happy cos im trilled by how they play "the game"
if win(capital recovered) ...the merrier !!



i love n admire the person who quote this...

"Crossing a road have a risk.
Low risk or high risk depends on how you cross the road.
If you don't cross it, where is the risk?

All investments that investor invest in will have risk.
In one investment vehicle, most investor make it high risk, while some are able to make it low risk.

The rich are generous and we believe in the law of reciprocity.

Once the business is on track and have a steady stream of income.
Sharing the business would make the franchisee richer as well as the franchiser. "


jasonhanjk i do like u a lot too, i tink u r a very smart person....

you don't understand cashflow and financial statement.???

jus put it this way... sometimes we look at things d other way round...

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Added on June 16, 2009, 3:21 pmGENERIC movitational qoutes is from the person i look up to in this forum --- jasonhanjk

This post has been edited by BIGJO: Jun 16 2009, 03:57 PM