Oceanside Wealth Builders

[ASD Daily Cash]

We've just been informed by Oceanside Wealth that enrollment will begin on Friday (July 18th)

This is to give everyone enough time to prepare with their payment processor.

With all the talk of matrices and interest payments it took me a while to understand the compensation plan. But now that I've "got it" all I can say is, "this is going to be huge!"

It would be sad to see people pass this one up (personal opinion of course [img]smileys/smiley17.gif[/img])

[nrsgina]

I hope someone here can help me and explain what this is? I am new to nwm to a degree... I love all the excitement and would love someone to share with me what this is!!!! Thanks! Gina

[ASD Daily Cash]

Hi Gina,

Oceanside Wealth is an investment opportunity in Forex trading with a company wide forced matrix attachedto help people build their investment capital.

The built in front-end matrixhas a $60 per month membership fee. You will then be able to add any amount in $100 increments on top of that to go intothe program. Once you have 6 people under you, you will be in profit and no longer pay the $60 fee. (with a company wide forced matrix, this should happen pretty easily)

Oceanside Wealth will be utilizing an institutional grade $60 million Forex trading program.They will be posting monthly performance graphs along with live webinars so you can seetheir amazing results!

The average monthly return looks to be between 15%-20% with some months doing 30%-40%. These are all based on real trading activity that will be posted for members to review monthly.

If you have any more questions, please don't hesitate to ask.

[SimpleLife]

Edited by: SimpleLife

[brentw]

I'm lobbying that they change the
matrix type they are using.

It might be a losing battle.

Community forced matrix will, in
my opinion, cause the company
to stall in growth.

It will also limit how many true
leaders they bring in, as not
many will care after the first
few hours of enrollment.

Brent

[Adrianne]

Brent,
I'm keeping a close eye on this opportunity like some of the others but keep in mind that the main focus is the forex investment fund and not the matrix.

A lot of people will be able to deposit $1k + into the fund from day one but for people who do not have extra funds to invest, they can use the matrix to build up enough capital to transfer into the fund.

I uderstand the cons of remaining a community-wide matrix but the pros are that people who suck at enrollments will have help fromall members in the entire company. If it changes after level 10 to a traditional forced matrix, everyone from that point on will be on their own to get new enrollments.

If people have trouble getting 1 enrollment now, how are they ever going to enroll 6 to fill their first 2 levels? They won't be able to do it on their own and will end up dropping out. That's what happend to me several years ago when I was with fruita vita. My sponsor put 14 people under me but I never earned a check because I didn't have any personal enrollments. Regardless, they are still around and people are still joining this company.

The longer OW is around, it will continue to draw new people like any other home biz. Even if it takesthe people beyond level 10a long time to get their first 2 levels filled, they still have a shot at it verses having no shot by going it alone.

I can go either way, for or against the company-wide matrix.Edited by: Adrianne

[ASD Daily Cash]

I can see the pros and cons of either side, but like Adrianne posted, I think the real focus should be on the forex trading fund and the matrix as just an added bonus.

I also believe that if OWB performs the way they anticiapte (15%-20% returns monthly) getting people on board won't be a problem.

I could also go either way.




Edited by: ASD Daily Cash

[brentw]

Originally Posted by Adrianne

Brent,I uderstand the cons of remaining a community-wide matrix but the pros are that people who suck at enrollments will have help fromall members in the entire company. If it changes after level 10 to a traditional forced matrix, everyone from that point on will be on their own to get new enrollments.

If people have trouble getting 1 enrollment now, how are they ever going to enroll 6 to fill their first 2 levels? They won't be able to do it on their own and will end up dropping out. That's what happend to me several years ago when I was with fruita vita. My sponsor put 14 people under me but I never earned a check because I didn't have any personal enrollments. Regardless, they are still around and people are still joining this company.

I think you may be missing on a couple
of assumptions:

1. Your matrix would still be forced, just
not community forced. That means the
people above you in the matrix that are
recruiting will eventually produce spillover.

2. It does not take personal enrollments
to get the money into your Forex account.

The only thing it takes 1 enrollment for is
to pay you on level 4 and beyond.

Levels 1-3 are still enough to put a small
profit into your account each month.

Of course, there is nothing stopping your
sponsor from using your link directly, either.
That is what one guy proposed to do for
his team to ensure that they would get
paid beyond level 4.

I know it looks like people would benefit
from the community matrix, but I believe
it would eventually cripple the plan. The
only reason to recruit anyone is to gain
the 50% matching or to build your matrix.

However, when the matrix is determined
by the next position in the company and
nothing to do with your team or your
building activites, there no longer becomes
an incentive to recruit.

Yes, people will still join for the Forex
investing portion of it, but no real push
to recruit them as there is no incentive.

It becomes more of a friendly referral.

Brent

[ASD Daily Cash]

Okay, I changed my mind
After reading Brent's post here and Broker's post in the other forum I see how a 'forever' community forced matrixwould not be good.

I vote for the community forced matrix for the original 2x10 and traditional forced matrix after that.

It does make more sense.

[brentw]

Another thought....

If you are in this network marketing
folder, you probably understand the
concept of leverage. It is what
network marketing is built around.

I know a lot of people who have $1,000
or more to spend on a Forex trading
program, but I know a lot more (or
can find a lot more) who don't have
a grand but have the $60.

Now....

In the community forced matrix, I have
zero incentive to recruit.

Zero.

The numbers are that once you get
to around level 15, it becomes near
impossible to fill for a program like
this.

Plus, the fact is if I am on the right
hand side of the overall matrix, it
will take longer to fill my levels.

However....

On a normal forced matrix (in this
case, the 2x10), I can find the
masses, I can benefit from them
and they can benefit from my
marketing efforts and the marketing
efforts of those above me.

Not the case in the community
forced matrix.

---------------------------------------------------

Simply do the numbers. The car
bonus, house bonus, all of that,
will not matter with the community
matrix.

The reality is if you are not in the
first 6-7 levels (thats only 126 to
254 people), the matrix benefits
you very little.

The mad dash will be on Friday
to try to manage one of those
positions and hundreds more who
wanted to capitalize on the
matrix system will be left dissapointed.

When people are left dissapointed
and do not want to throw $1k into
an unproven system, it will either
collapse or slow to snail's pace.

Just running the numbers and basing
on math, not emotion.

Brent