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RE: First project hope contest

in Project HOPE4 years ago (edited)

I said why such an evil approach? not that you are evil.. ;-)
OK.. if its only a two level MLM (from the looks of your steem post I assume its not) then you are only wasting 60 Mio.. for sales... and 20 for the plant.. but banks give you 80% of the total investment more or less for no interest.. so why not use this.. and this brings down the money you need to "only" 4 Mio...
I like that PV plant above! Great work!
In regards to MLM: For retail goods (groceries etc.) a markup of 50% - 100% is fine.. like in any retail business.. hence a 33% to 50% cut for the sales structure is fine.. for investment products however its only around 2,5% to 5%.. otherwise the investor will never make a positve return on his investment... so everything cut wise above 10% in MLM is more or less unsustainable.. and a 75% cut for a MLM structure is definitelly a ponzi.. so right idea but wrong sales structure I would say..