how long until cruismens mlm for mcas fails

**cruisinman** · 08-09-2021, 04:14 PM

Originally Posted by Bcooper

mlms should not exist. they are for scumbags to take advantage of the economically disenfranchised and minorities.

How?

**abfunders** · 08-10-2021, 05:32 PM

These people might have a better model:
https://www.finserveusa.com/broker-network-1-0/
It's not MLM, but it appears to be some sort of "catch and release" type model.

**cruisinman** · 08-10-2021, 07:47 PM

Originally Posted by abfunders

These people might have a better model:
https://www.finserveusa.com/broker-network-1-0/
It's not MLM, but it appears to be some sort of "catch and release" type model.

I doubt this outfit pays commissions / bonuses on Team production.

They seem to be in the Lead business as well . . .

**SmartAdvanced** · 08-10-2021, 07:57 PM

Straight up:

I’m 100% sold.

**cruisinman** · 08-10-2021, 09:25 PM

Originally Posted by SmartAdvanced

Straight up:

I’m 100% sold.

We won't be bringing on anyone that has experience in the industry. They know where to go to get more commission.

Once a Broker learns the ropes - if they want to have a direct relationship with our Vendors and not participate in the over-rides from the Network - we'll help them make that happen and we'll get a point or two . . .

**SmartAdvanced** · 08-11-2021, 05:10 PM

Originally Posted by cruisinman

We won't be bringing on anyone that has experience in the industry. They know where to go to get more commission.

Once a Broker learns the ropes - if they want to have a direct relationship with our Vendors and not participate in the over-rides from the Network - we'll help them make that happen and we'll get a point or two . . .

Dude. This is solid. You should go hard

**Yankeeman07** · 08-12-2021, 06:29 PM

"since our Broker Agreement will prohibit those actions."

You are dealing with Independent Brokers - maybe if they were an "Employee" you could enforce a "Non-Compete"

The Merchant is not married to the broker or the funding company - nor is the Independent Broker married to you.

**cruisinman** · 08-12-2021, 07:11 PM

Originally Posted by Yankeeman07

"since our Broker Agreement will prohibit those actions."

You are dealing with Independent Brokers - maybe if they were an "Employee" you could enforce a "Non-Compete"

The Merchant is not married to the broker or the funding company - nor is the Independent Broker married to you.

Not our first rodeo in the world of Non-Competes and Non-Solicitations.

We will handle those that willingly break the Agreement that they legally and knowingly signed.

**Bcooper** · 08-13-2021, 09:47 AM

Originally Posted by cruisinman

Not our first rodeo in the world of Non-Competes and Non-Solicitations.

We will handle those that willingly break the Agreement that they legally and knowingly signed.

you wont even know they did it they will use an alias and backdoor tf out of you

**cruisinman** · 08-13-2021, 01:18 PM

Originally Posted by Bcooper

you wont even know they did it they will use an alias and backdoor tf out of you

Since we will have direct contact with the Merchant - we will know in most instances if we were bypassed and by whom. I'm sure we won't catch them all - but enough to make it known that we have eyes . . .

**SmartAdvanced** · 08-13-2021, 10:53 AM

Originally Posted by cruisinman

Not our first rodeo in the world of Non-Competes and Non-Solicitations.

We will handle those that willingly break the Agreement that they legally and knowingly signed.

How will you handle?

**cruisinman** · 08-13-2021, 01:22 PM

Originally Posted by SmartAdvanced

How will you handle?

Our Broker Agreement(s) are written by Lawyers to defend against Lawyers . . .

In the past - the Cease & Desist cases and Retribution Arbitration cases we filed, we were unsuccessful only once and that was because we couldn't produce the signed documents.

**SmartAdvanced** · 08-13-2021, 05:27 PM

Originally Posted by cruisinman

Our Broker Agreement(s) are written by Lawyers to defend against Lawyers . . .

In the past - the Cease & Desist cases and Retribution Arbitration cases we filed, we were unsuccessful only once and that was because we couldn't produce the signed documents.

Have you had any success with your SIGNED documents? (Assuming you have any..)
If yes, what type of success? Perhaps can you show us a case with a pending or final ruling?

Oh oops. I think I pressed an invalid button. **** . My bad

**Yankeeman07** · 08-13-2021, 12:42 PM

Originally Posted by cruisinman

Not our first rodeo in the world of Non-Competes and Non-Solicitations.

We will handle those that willingly break the Agreement that they legally and knowingly signed.

I know of several Lawyers that make a good living fighting so-called "Non-Competes"

BTW - I bring a merchant to the table - secure the funding (You write the check) - who's customer is it.

Mine or Yours?

IMO - Technically, neither - the merchant can choose to do business with whoever he/she wants.

So we are fighting over what?

**cruisinman** · 08-13-2021, 01:31 PM

Originally Posted by Yankeeman07

I know of several Lawyers that make a good living fighting so-called "Non-Competes"

BTW - I bring a merchant to the table - secure the funding (You write the check) - who's customer is it.

Mine or Yours?

IMO - Technically, neither - the merchant can choose to do business with whoever he/she wants.

So we are fighting over what?

If you bring the Merchant to the table while being part of our Network then that Merchant can't be serviced by that Broker or any 3rd party relationships of that Broker for a period of 2 years after the Broker Agreement is terminated.

That is how it is written up. Will it stand up in Court? In most cases it doesn't even go to Court because of the expense the Broker would have to incur to defend themselves.

Within the Network, we have a vested interest in that Broker and their production since we provided the training, the support and in some cases the "lead" that got the Merchant into the fold.

We don't care if the Broker leaves to do their own thing. They just can't take Merchants or other Brokers with them for 2 years after termination.

**cruisinman** · 08-13-2021, 01:33 PM

Originally Posted by joshbr9

well its specifically stated in many ISO agreements that the relationship is the funders, so technically its theirs in those agreements. been that way for years

ISO's need to negotiate that clause out of their Agreements. Unless the Funder is supplying the leads to the ISO that led to the Deal(s).

**Bcooper** · 08-13-2021, 03:52 PM

Originally Posted by cruisinman

ISO's need to negotiate that clause out of their Agreements. Unless the Funder is supplying the leads to the ISO that led to the Deal(s).

you really have no idea how this industry works

**Michael I** · 08-13-2021, 05:34 PM

Are you paying them salary or just 1099 cm ?from what I understand from a legal standpoint it is a big difference

**cruisinman** · 08-13-2021, 06:02 PM

Originally Posted by Michael I

Are you paying them salary or just 1099 cm ?from what I understand from a legal standpoint it is a big difference

Brokers are 1099.

Non-Solicitation and Non-Competes can be enforced in many situations. Hopefully, we won't have to use them. But - we have to protect the integrity of the Network.

**cruisinman** · 08-13-2021, 09:22 PM

Seems that this thread in this sub-forum has more replies than any other thread in this sub-forum in over 4 years.

Keep them coming.

**cruisinman** · 08-17-2021, 12:55 PM

1.49's seem to be funded many times. If I'm not mistaken, Bittly uses 1.49's the majority of time with early payoff discounts if desired.

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