Sunday, January 21, 2007

Wow, I'm Worth $3,300 Dollars!

The net is on buzz again. After two months of recruitment labour, many Agloco activists and entrepreneurs are beginning to boast what they're worth, even before the Agloco View bar, expected to be released in February 2007, (just some two weeks time).

Using internet business model valuation method, the same used for Google, Yahoo, and eBay, it is being estimated by internet pundits that, each Agloco referral you recruit is worth about $30 Dollars, and this figure would climb up to $50, in the next two years.

With my downstream referrals now at 110 people, as at the time of this posting (see the Agloco table on the right above), that implies a sum of $ 3,300 Dollars, excluding monthly cash that Agloco would be paying me and my referrals for using the viewbar to browse the net five hours per month.

Yesterday, I read that only about 20% of Agloco have been recruiting, the bulk majority- 80%, just registered and adopted a "wait-and-see" attitude. Somebody called this the 'Pareto principle' 80/20 rule, otherwise known asThe Law of the Vital Few.

This is what my Mentor, John Chow, had to say about this 'law':

" ... 20% of the population produces 80% of the results. In almost every field you can imagine, the 80/20 rule applies. On the Internet, 80% of the website owners make next to nothing, 20% make money. If you own a manufacturing business, you’ll discover that 80% of your sales comes from 20% of the customers. If you were to break down Google’s biggest publishers, you’ll find that the top 10 accounts for nearly half of Google’s income. In a nutshell, the 80/20 rule means most of the results are produced by a minority.

The cool thing about the 80/20 rule is you can choose which side of the fence to be on. You don’t need to be born into it, marry it, inherit it, or win it (but that does help). It’s all attitude. Do you want to be part of the 20% that makes things happen or part of the 80% that wonder what happen?

However, you have to work for it to earn the big bucks is true. Most of AGLOCO (80%) will just run the tool bar and sign up nobody. And that’s fine. They’ll make $3 to $5 a month doing that, which is still in the black since it cost nothing.

Another 19% will sign up some people and make some part time income from it.

1% will be able to live off it.

When I had 10,000 members (with 100 new members per day) in All-Advantage, I got up to $5,000 in one month before the net starting caving in. Can you live off $5K a month?

The top 1% will be a moving target. Right now it don't take too many referrals to be there. However, as the network gets bigger, you'll need to sign up more people to stay in the top 1%".

A word, they say, is enough for the wise.

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