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JVs, the anti shit list post and a bit of advice...

Discussion in 'Joint Ventures' started by SparkyBlue, Aug 30, 2011.

  1. SparkyBlue

    SparkyBlue Regular Member

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    i was originally going to post this in the shit list, but the risk of it looking out of place i decided to chuck it in the JV subforum... if anyone can think of a better place please feel free to suggest.

    sooooooooo,...i was just reading about erik greed, and how he has seemingly ran off with $xx,xxx from BHW members who probably didn't take a well-known, established member of the forum for a scammer.

    it's a shame, it's ballsy, it's ironic, pure BS... whatever.

    i have been a member here for nearly two years now - not so active recently due to some health issues - and when i started off, i was in true newbie mode sponging up all the info and picking anyones brain that would chat to me.

    the help i was offered and the people i met i have to be eternally thankful for, but i want to refer now to a JV i entered with another member about a year ago.

    i'd like to refer to him by name, but i am not entirely sure he would want me to... i might ask him, or see if he steps up himself.

    while i never knew the exact specifics of the scheme (though i have my assumptions), we worked a pretty dirty BH method with certain affiliate networks... don't stress - they were run by dodgy, unscrupulous, arrogant people who would often turn a blind eye to BH commissions until advertisers started bitching. if you know your aff networks you could probably guess them...

    i had the AN accounts, the established sites and some menial tasks to do. after all, i was learning the ropes and knew two parts of sweet fuck all.

    the other JVer, who i will call 'C', was a programmer with some decent php skills and a funny guy to boot.

    C and i had been chatting for maybe a month or two, and worked a few smaller failed JVs (involving google's nexus one mobile phone and trying to cash on the lindsay lohan sex tape LOL) before he invited me in on this one.

    from there, i saw the aff network accounts fill with money, daily. occaisionally an offer would die, i'd let C know and hook up the replacements and off we would go again.

    C had, i suppose on the basis of the previous work we did and his obviously awesome judgement entrusted ME - a complete unknown quantity to him - with the payout from the networks, which i would cash and forward his share to.

    we pulled on average about $4k a week, of which i took 25%. 25%?! i didn't complain, it was better that what i was earning through IM at the time and my input was for the most part minimal.

    you know, i could have waited for a decent payday and left - but what would that achieve?! when the method dried up i didn't mind, and i had no regrets and we had both made $xx,xxx... somebody had put faith in me and i had repaid that by making that transfer, every tuesday without fail.

    as i had already planned, i backpacked for a few months - saw the states, canada and thailand and worked my IM on the road, by this time the money was direct transferred to me and i'd forward the cut to C every week like normal. it helped subsidise my travels and my insatiable thirst for coke and hookers, and everything was perfect.

    ok, so the point is -

    it doesn't always work out this way, for every happy ending i'm sure there are 20x more stories about people running away with cash, not providing services paid for, etc. etc... but this doesn't mean that there is always a scammer lurking behind every JV.

    sometimes you'll meet the right person, at the right time and keep a healthy, cashy relationship.

    BUT... dammit, be careful.

    *don't blindly invest in anything promising everything.

    *research and look up the JVer on this forum and others to make sure you are not dealing with someone who has already ripped off others

    *for services costing a large amount of money, try to only forward smaller deposit before they start (obviously unless they are highly reputed)

    *follow and trust your instincts, but not with money you can afford to lose

    *realise that if someone is mega successful at something, and they are asking for money promising you a cut - ask yourself if they can make bank why they need money from you? it might be legit... it might not.

    and lastly

    *don't give up on thinking every IMer, or even every BHer is going to fleece you of your hard (or easy) earned cash. there are plenty of decent people out there that are happy to share the wealth...

    ...and if you are clever enough, you'll find them ;)
     
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  2. eyeshezzy

    eyeshezzy Junior Member

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    That is very true op. i have found like 2 trustworthy people here to j.v with. the rest i have dealt with have ended up dissapearing in the middle of a j.v. at least i did not invest any money with them, so its o.k
     
  3. SparkyBlue

    SparkyBlue Regular Member

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    Occupation:
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    yep, thats the way it goes. be careful at first and work out who you can trust (as much as anyone can trust anyone), and stay away from those who fuck you or others over. credibility is pretty valuable amongst IMers...