Name: Voltage Partners
Price: $347 + $125 p/m
Verdict: Not Recommended
About The Company
The company launched it’s website in 2016 and is headed up by CEO Gordon Comfort as a way to “change the world and make a difference”. They claim not to be like traditional network marketing companies:
I’m sorry, but they are just like any other multi level marketing company. Compensation plan means a compensation plan, group volume means group volume… just because they call it ‘group interview volume’ doesn’t change that. What a crock. More importantly, why are they so concerned about being an mlm anyway? There is nothing wrong with being a legitimate mlm company for crying out loud.
The core service is aimed at those with an idea for a mobile app. Typical development costs can be pretty high for thee kinds of things so the company takes care of everything after the initial idea. They give people a review, help plan the whole thing, develop it and help with sales and marketing.
There is a dedicated marketplace that Voltage affiliates can promote if your idea takes off located at: www.myvipideas.com. Do I think it’s worth the money? If your idea is solid, then maybe. I am not an app development expert so it is important to do your own due diligence if you are weighing up the service itself.
One thing I will note is that they seem very hush hush about how much actual ‘developing’ they do. I mean, if typical development costs $1000’s then they’d want to be making damn sure your idea is solid before paying developers to bring your app to market. That goes without saying.
They talk a lot about the review, planning, marketing and support but don’t give much info on the actual development side of things. In other words, it could still cost you thousands of dollars in addition to this membership to go from idea to launch.
Update 15th September 2016: They still appear to have zero apps listed in their marketplace.
The Compensation Plan Explained
There are various ways you can get paid with this but the core concept revolves around building your downline through recruiting others. This is a binary compensation plan, meaning you only ever have 2 people directly under you, and so does everyone else down the line.
The options for enrolling I personally found to be somewhat backwards. The starter option costs $497 upfront but the premium option costs $347… why on earth would anyone want to join at the starter level? It makes no sense.
They claim that this is because the costs are higher for them to produce the service to those that don’t want to recruit and that’s understandable, but why would anyone join the more expensive option, ever? There is absolutely no reason to do so.
Becoming Commission Qualified
Becoming commission qualified is as simple as paying $125 per month and conducting at least one ‘interview’ each month. The whole interview thing is somewhat of a mystery and seems to be a way the company gets around paying affiliates commissions on the membership cost both upfront and on a monthly basis. These interviews generate what is called ‘personal interview points’ or PIP’s that in turn earn you a set amount of money each month.
Each interview is worth 66 PIP’s and go towards earning 1 cycle in your binary leg as I will explain below. Each person can do as many of these “fact finding endeavours” as they like each month but will only ever earn points on one of these from each member in their downline.
In other words, you only earn commissions through recruiting when that new recruit does this mysterious interview themselves. So yes, the company is not paying you directly to recruit, they are paying you to recruit affiliates who qualify by conducting interviews. In my opinion, this is a clear attempt to skirt around the law against paying affiliates directly for recruiting other affiliates. I mean, there is no revenue coming from anything else at this point other than new affiliates.
Ways You Can Earn
Developing a successful App: If you have a great idea and the service is genuinely legit, you could make some good money from selling your app. Of course, the company keeps a cut of the profits since they developed it and market it on their platform. Fair enough. How much they keep is unknown.
Promoting Other People’s Apps: As an affiliate you can earn commissions by referring people to buy some of the apps in the marketplace. The details on this are not made available and there doesn’t appear to be any apps available at present.
Global Development Pool (GDP): When you sign up as a premium member you get 12 GDP points each month which allow you to share in the money the company places in this pool. The money going into this pool comes from the companies share in retail sales of apps they help develop. What percentage of these sales goes into the pool and how much each point pays people is unclear in the compensation plan.
Fast Start Bonus: Whenever you recruit someone you get paid a $25 one time commission, I mean whenever you recruit someone who conducts an “Ideation Interview”…
Weekly Binary Commissions: You can earn Commissions based on you your lesser performing leg’s Group Interview Volume (GIV). Again, different terminology but this is the exact same set-up as any other mlm using the binary system. Each time a person in your organisation earns their own 66 PIP’s for the month, it goes into your GIV. You get paid on the total points in your entire organisation based on each persons 66 interview points that each person accrues each month. Each time your organisation’s weaker leg accumulates 200 GIV’s, you earn 1 cycle. Each cycle pays out $30.
Note: Upon initially signing these people up you get a one time 200 GIV points bonus on each new qualifying referral. So based on the above example you’d make 800 GIV points in your weaker leg if you signed all of these up in one week. This would make you $120 one time.
Matching Bonuses: This is where the real money starts being made. You can earn between 5-20% of whatever your referrals make- 5 generations deep.
Note: Even though you can only have 2 people on your first level, you will still be recruiting people directly. So wherever those people slot in doesn’t matter, they still count as your direct referrals if you refer them.
See the following chart to understand what each generation pays you at the highest rank:
The maximum number of people you can earn matching bonuses from in each generation is capped according to which rank you are at. So at the ‘consultant rank’ you are only paid 20% on 2 direct referrals. The full details on this for lesser ranking positions are not made clear in the comp plan, it appears as though 5 generations are only unlocked at the top rank.
The above chart shows R/L which just means right and left leg and how many directly sponsored you need in each leg to reach that rank.
Other Bonuses: There are various other lifestyle, car and holiday bonuses available to the top performers, which in most cases is the top 1-3% of all distributors.
What I Liked
- Might be a good way to launch a new app
- Multiple ways you can earn
- Potentially make some good money
What I Didn’t Like
- The company uses obscure terminology to distance itself from being associated with mlm
- Relatively high cost to join and maintain your business ($1847 in first year)
- Teach people the warm market technique which is ineffective for those looking to make real money
- There’s no apps in their marketplace as of writing this…
- Affiliates get paid to recruit other affiliates, once those newly recruited affiliates conduct an interview…
The majority of money being made in this company is clearly going to be through recruiting, anyone trying to tell you otherwise is not being straight with you. There might be a small percentage of those that use this to launch an app and promote apps in the marketplace but as it stands, the real money is being made through recruiting.
IF people are creating worthwhile apps and affiliates are sending customers to buy these, then the app creators, affiliates and company are making money separate from recruiting. In that case, all good and well. However, if there’s only a very small percentage of people are using this service for app development purposes then things won’t be looking so good.