post from Mccall http://mccallsnotes.spaces.live.com/

I want to be a Founder of YouTube.

 

I know it is too late, but I just read Harold’s post on this.  Wow.

 

But I am a Founding Member in AGLOCO and so can you be one. I assume most (but not all) people who get to this blog have already joined AGLOCO (if not - do it now  - takes less than two minutes – then come back and finish this).

 

Being a member of AGLOCO is a good start, but to be a true Founder, you have to ‘stick your neck out’. (It is like registering to vote – it is a start, but to really influence the world you have to not only vote, but talk to people about the issues you really care about.)

 

AGLOCO is the same way. To really be a Founding Member, you have to talk to your friends about AGLOCO. And not just about joining. But about them really becoming Founding Members as well and ‘sticking their necks out’. It is the only way AGLOCO will grow effectively – by organic growth – member to new member.

 

People often ask how I got so many referrals. Well I only found 100. That 100 found the other 16,000. The AGLOCO system works. But you have to make it work. (oh some day it will be easy to recruit for AGLOCO, but that day is not here yet and in my opinion it will not be easy until sometime in 2008.)

 

You want a clear message on how to get to 16,000 in the next 90 days?  

 

This week get 10 friends (I know that you have more than ten people you know that the AGLOCO Revolution is right for). AND most importantly convince them to each get 10 referrals the next week (and check in with them to ‘help’ them get their ten - and it will quickly multipy). Tell them they are causing the revolution. Yes, you and they could end up making lots of money too. But for me, I did not join AGLOCO for the money and I do not write this blog for it either.

 

Harold says I will make more than $1 million from AGLOCO – I will be excited with a great dinner out with my wife. I believe the AGLOCO revolution is the right thing to happen to the Internet. Looking at all the YouTube money just convinced me more.

 

So, I agree with Harold that AGLOCO is an Internet Revolution. But it NEEDS YOU to be the revolutionary. 

This is from Harolds blog http://haroldbbbg1619.wordpress.com/

 

It is probably obvious that AGLOCO is the total focus of this blog. But with YouTube giving out shareholder details, I thought it might be fun to compare it to what AGLOCO would do with $1.7 billion dollars.

 

Let’s look at YouTube first.

 

• Founders

o Chad Hurley -$326 million o Chad Hurley Children – $19 million

o Steven Chen - $326 million (He seems to have shared with family – David Chen $9.7 million, Richard Chen $9.6 million and Sharon Chen $9.6 million

o Jawed Karim - $64.6 million (quit YouTube early and went to Stanford to get his PhD.)

 

Total Founders $765 million

 

• YouTube employees (from the list) – max time on job 18 months –

 

o Shannon Hermes - $1.3 million (receptionist/office manager)

o Julie Supan - $4.9 (chief press spokeswoman)

o Heather Gillette - $4 million (Director of customer support)

o Bradley Heilburn - $6.1 million (‘systems’)

o Christina Brodbeck - $8.6 million (senior user interface designer)

  Micah Shebar - $1.6 million (community advocate)

o Colin Corbett - $6.5 million (Director for Networking)

o Yu Pan - $35.5 million (Senior Software Engineer)

o Michael Abe Solomon - $19.3 million (Principal Architect)

o Cuong Do - $17.7 (Engineering Manager)

o Kevin Donohue - $12.1 million (Vice President of Content)

o Dwipal Akhilesh Desai - $6.1 (Senior Engineer)

o Mayrose Dunton - $4 million (Director of Product Development)

o Erik Klein - $3.6 million (Senior Software Engineer)

o Matthew Noel Rizzo - $3.6 million (software Engineer)

o Hong J. Qu - $2.8 million ( User Interface Designer) o

Christopher Maxcy - $2.6 million (Vice President of Business Development)

o Jacob Mark McGuire - $1.6 million (Software Engineer)

 Others ?

 

Total Employees $142 million +

 

• Investors (and others)

 

o Sequoia – over $504 million – (Invested $13 million for 8 months – wish my bank paid those rates.)

o Artis (Investments) - $75 million

o Others ?

 

Total Investors $579 million +

 

• The users/members of YouTube

 

As a group, they got - $0

 

Total users/members of YouTube $0.00

 

Sources:

 TommowYesterday

 Paulk.dabbledb.com

 SEC

 

Let’s look at AGLOCO - (a hypothetical sale at $1.7billion – please note the part above is real – the people named received Google stock with approximately that value according to the SEC. The part below is hypothetical. Used to illustrate the major economic difference )

 

To do this we need to make some important assumptions. Timing – say 2 years ; # of members – say 5,000,000 active members. Also to make a comparison closer, I assumed that the $1.7billion bought out both AGLOCO and the management company (which gets 10% of the gross AGLOCO revenue).

 

Founders, employees and investors as a group are all part of the management company – I put 10% of the $1.7 billion to buy this ($170 million).

• Founders – there are 14 founders listed on the AGLOCO website – if they get the same 45% as YouTube’s founders got it would be $76 million – split 14 ways would be an average of $5.5 million each – (not in the same league as Chen and Hurley’s $326 million each, but still a lot of money.)

• Employees – if it is the same 9% as YouTube it would be $15 million for all of the employees.

• Investors would get the rest - $79 million These seem to be all great rewards for these people. (But not headline making ones.)

 

• AGLOCO members - $1,530 million (given the referral system about ½ of this would go to the members who built the network – their referral network and ½ would go to all members based on their personal accumulated viewbar hours. )

 

o All regular members -$765 million divided by 5,000,000 members (and based on their viewbar hours) – an average of $153.

 A member who joins and uses the Viewbar starting in April 2007 - $306

 A member who joins and uses the Viewbar starting in March 2009 - $13

 

o Members with referrals (average referral would be worth $30.50 - $153 divided by 5 levels)

 Referrals who start using the Viewbar in April 2007 are worth about $61 each (if they start in March 2009 - $2.50)

 

• Lets make some wild guesses with this valuation and use some Top Gun names to make this blog more fun to read. (To make it simple I started with the February 16 Top Gun Numbers.) T

his calculation is full of assumptions – I will use John Chow as my example of how imprecise this is. He currently has 5.072 referrals (per Top Gun). He has a stated goal of 30,000, by the end of 2007 – he is a smart person and usually hits his targets. And let’s further assume he does not quit there and grows to 60,000 by the end of March 2009. Now the 5,072 are the most valuable kind of referrals ($61) as they will start with the Viewbar early (Value to John $309,392). The next 55,000 we’ll assume are gained equally over time and with a $30.50 rate) – Value to John $1,677,500). Total is $1,986,892. But all referrals will not download the Viewbar, so let’s cut this number by 50% to $993,446.

 

Using similar math, here are a couple of AGLOCO Top Guns

 

• Mr. X - $4 million

• David Lawrence - $3.5 million

• RZ McCall - $3.2 million

• John Chow - $1 million

• Yogesh Subhanand - $ 0.7 million

• Geoff Shenk - $0.6 million

• Valerie Underhill - $0.4 million

 

Let’s hope these people are not out spending this money just yet. The odds of things happening this way are near 0%, but the general sharing relationships are instructive.

 

The AGLOCO members will get the lion’s share of the value (the group starting and financing AGLOCO will get a smaller, but fair return on their risk). Individual members who join AGLOCO, but choose not to participate in actively building it will get half of the money. And the small group of AGLOCO members who help build the network will also receive a significant portion of the value created.

 

Hope you had some fun reading this. The YouTube amounts were fascinating to me. And, of course, being able to demonstrate so graphically what an economic revolution AGLOCO could provide was equally fun for me.

February 21st, 2007 by haroldbbbg1619  http://haroldbbbg1619.wordpress.com/

 

 I have read that question more than once on comments around the Internet.

 

Seems we have some Capitalists among the Revolutionaries. Well it is an Economic Revolution, so I think the Capitalists are in the right place, at the right time and are asking the right questions.

 

With ALGOCO there are two distinct different forms of payment for two distinct forms of member effort.

The two efforts are:

 

1. Being an AGLOCO member – using the Viewbar and generally being a worthwhile Internet economic ‘person’. (Looking at ads, downloading software and buying things online.)

2. Being a builder of the AGLOCO network (this means referring new members to the system.)

 

The two payment types are:

 

1. Cash – monthly (PayPal, checks, e-gold, direct bank deposits, Amazon dollars etc. – member picks his favorite least cost payment type)

2. AGLOCO Ownership – accumulated hours earned over time – earned directly and with referrals.

Here is how I analyze these things

 

Cash – (below are my opinions)

 

• I believe this will be very small amounts during 2007 slowly growing over time.
• I think that the ‘affiliate’ revenue sharing for people who do shop online will be the biggest source of cash to those people.
• AGLOCO must pay its operating cost (as small as they probably are) before having money to pay members
• Over time this should grow to more than $10 a month for the average member.
• Builders will just get more of this.

 

Member ownership

 

• This all members should be accumulating starting with the first hour of viewbar usage.
• Valuation of this I have blogged about with my six part Simmons Report series. – (but using the Simmons Report $150 over a two/three year period is a value that should be reasonable.)
• How to sell these hours before AGLOCO is a public entity is a worthwhile question. My guess is that some enterprising member will set up a marketplace to buy and sell hours (like they buy and sell airline miles – big business in that I searched on Google and got 94,000 pages about it. This market would provide the cash some people would prefer today and a huge potential upside for those members who think AGLOCO will be a breakout winner.
• AGLOCO’s website says they will use part of their profits to buy ownership from members.
• Builders will just get more of this (much more) – The Simmons Report uses an average value of $30 for each referral – of course this will be more for early referrals and will only have any value of the Viewbar is used by the referrals.

 

The question of who would buy ownership of AGLOCO is a very simple question.

 

The answer is anyone who buys stock in any profit making corporation.

 

The Simmons Report does a nice job of outlining AGLOCO as a profit making corporation. If it paid out all its ash to members, then the it would be more like a club than a company. By making and retaining profits, AGLOCO can become an attractive Internet growth stock. Google sells for almost 50 times its annual earnings (and anyone who bought the stock when it went public has made 5 times their money so far. Yahoo sells for 60 times their annual earnings. This is because people believe it will make even more money in the future.

In order for AGLOCO to achieve the high 20 to 60 times earnings valuation, in my opinion, at some point it will have to stop (or severely slow down) the giving of new ownership to all its members. Maybe only give away annually not more than 5% - 10% of the company (which is called dilution in the stock market world).

 

My personal choice of who would buy AGLOCO has already been stated – Microsoft. They desperately need a way to catch up to Yahoo and Google on the Internet. AGLOCO might represent just the way to do it. Go Bill Go.

  http://mccallsnotes.spaces.live.com/

Why AGLOCO Will Win?

 It’s the Members -- you and me and the thousands of active Members out there already… everywhere.  

It is always the people who make the organization – whether it is AGLOCO, YouTube, eBay, Craig’s List or even Yahoo. You and me - We make it popular. We contribute our time and our energy. We make it happen. And We will rally behind people and concepts We think are good. This is why AGLOCO will win. Because, We, the people, are already starting to rally. 

You can see it. You can hear it. AND you can even sometimes feel it. The AGLOCO network is growing stronger every day… in every direction.  

Sure, the AGLOCO membership grows by thousands every day. But, that is just one dimension. More important is the growth of the community around the membership. 

By community, I mean what members are doing, what members are saying and what they are building. Let’s look. 

• John Chow (one of my favorite daily blogs to read) is taking the time to write extensively his views on why he is supporting AGLOCO http://www.johnchow.com/category/agloco/ His latest post gives a very detailed account of why AGLOCO can be a big winner on the Internet and on how his readers can position themselves to share in that.
  
• Some of the many community service blogs:
  • Top Gun http://agloco-top-gun.spaces.live.com
  • AGLOCO Test http://www.aglocotest.com/
• There are the more serious AGLOCO sites which discuss the economic, political and social aspects of this brand new community:
  • One of my favorite revolutionary thinkers is http://haroldbbbg1619.wordpress.com
  • Another deep thinking blog http://jr-infomediary.blogspot.com
  • And the early report http://simmonsreport.spaces.live.com
• Of course there are thousands of recruiting sites and blog entries on regular spaces like MySpace. Simon, the creator of AGLOCO Rocks, was sited in the recent AGLOCO Update email for having a fun recruiting site. But what I find more interesting than just his site is that people in the community help each other, learn from each other and will build the network together much as they did at eBay. http://allaboutagloco.blogspot.com/2007/01/agloco-update-2.html is a site built by one of Simon/AGLOCO Rocks recruits and obviously he was inspired by Simon.
  
• Even the traditional media is picking up the story - Red Herring’s current print issue has an article in it on AGLOCO – nice picture at Stanford. Traditional tech bloggers like VentureBeat http://venturebeat.com/2006/12/20/agloco-signs-up-tens-of-thousands-and-hasnt-even-released-viewbar etc. continue to check the progress. They are sensing what you sensing. The early growth of a new form of entity on the Internet. What they may not have sensed yet, is just how strong and powerful an entity it can be when the full force of its members is brought forward.

 AGLOCO’s community right now is a founders’ community, a pre-launch community. It is already showing the foundation needed to build a great Internet community. Maybe… just maybe… it is the first of the great Internet communities. Because, unlike all of the proceeding communities, this one will be owned by its members and therefore run for the benefit of the community, not some ‘well meaning shareholders’.

 Have a great day, 

RZ 

BTW – I really like watching John Chow grow his blog. – He has set a goal of being a top 100 in the world Technorati rated blogger. He wrote that he went under1,000 a few days ago and I noticed he was under 900 now. Nice John – I hope it is helped by lots of AGLOCO links to your blog. 

BTW  2 – in response to many questions I get about this blog – yes you may copy and paste it for tasteful and appropriate promotion of AGLOCO – a strong growing network will benefit all members.

 Look Ma - I made the big time -- better look quick Ma...

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AGLOCO Top Gun - Janurary 15, 2007

Welcome to AGLOCO Top Gun

 

I will try to keep a list of top AGLOCO Network Builders - updated regularly. 

 

 

AGLOCO Top Gun Top Ten

 January 15, 2007

#1 David Lawrence www.makemoneywithdavid.com/   12,000 Members     $360,000

#2 RZ McCall http://mccallsnotes.spaces.live.com/        9,500 Members     $285,000

#3 John Chow http://www.johnchow.com/category/agloco/       2,500 Members      $ 75,000

#4 Anil Joshi no website found                                                 1,137 Members     $ 34,110

#5 Hector Garcia no website found                                            846 Members     $ 25,380

#6 Frank Longo no website found                                                500 Members     $ 15,000

#7 Paula Bernstein no website found                                        446 Members      $ 13,380

#8 TJ Chen http://thechenspot.spaces.live.com/             355 Members      $ 10,650

#9  Bill Hanson no website found                                                236 Members      $  7,080

#10 Paul AGLOCOTest http://www.aglocotest.com/             208 Members      $  6,240

I know that at this point I am missing lots of AGLOCO Top Guns out there.

 

(If you think you qualify please send a screen shot of your account summary to aglocotopgun@hotmail.com or if you have it posted on your website - post a link to it in comments - Also note I use the Simmons Report http://simmonsreport.spaces.live.com/ for the US$ calculation.)

 

If you found this information useful and are not yet an AGLOCO Member - Please join - here is my referral link directly to the AGLOCO signup pages www/agloco.com/r/bbbn6049

 I have quoted this guy named McCall before in here (I like the easy way live spaces lets you do this - and feel free to quote me any time any where.

Anyway he is one of the most successful recruiters and shares his tips.

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Just went over 9,000 AGLOCO Referrals

Things have picked up a bit in my referrals in 2007 from the holiday period at the end of 2006.

I am excited to get over 9,000 (my stated goals were 10,000 by the end of February and 20,000 by the end of 2007.

A couple of quick points --  I put a picture of my account summary on this blog (should have done this earlier).

First, as you can see I have been active with friends in adding some direct referrals in 2007 - five this year. I really recommend this to all – including you people with great blogs – to personally recruit people who you think will do great AGLOCO recruiting. These are the people that really produce results.

Second, as I have pointed out before. My 70 direct referrals have produced almost 9,000 extended referrals. That is more than 100 extended referrals per each direct. I know if you get referrals from a website or advertising you can not influence their referral ability (I read that AGLOCO will be adding an opt-in communication system to help a bit with that). But, by adding some people you do know to your direct referral list, you can help them to make more referrals – answer questions etc.

Really important – to get referrals you have to ‘stick your neck out’ and you have to ask people to join – and be prepared for more than half of them to tell you NO (and that you are crazy or stupid to work on this.) – Get over it. Most new ideas are rejected by most people. You are not asking anyone to part with any of their ‘hard earned’ money, so don’t be afraid to stick your neck out.

 Here is picture of my account summary: - Click on photo to enlarge it.

 My favorite AGLOCO blogger RZ McCall makes a couple of comments about the theory that AGLOCO and other economic networks will reduce Google's profit by more than $2 billion - putting thatmoney onto users pockets - personally i like the idea - WE DESERVE IT.....

Quote

More on Bill Gates and AGLOCO

Below is a report from an AGLOCO blogger I like to read - harold bbbg1619 - http://haroldbbbg1619.wordpress.com/2007/01/02/googles-profit-down-50/

 

This is up to his usual standards - While I agree that AGLOCO will get the billions when they have the large member base I am not sure that Google will actully make less money - they may develpoe ways to make evne more money by partnering with AGLOCO in many other ways besides search. Just a thought.

 

I can see why Bill Gates likes AGLOCO's business model - it is at least very threatening to Google.

 

Here is harold's post

 

Quote -

 

Google’s profit down 50%

I have been doing research on how a successful AGLOCO might affect the Internet.

I think it will be in various different ways… major ways. But one simple way of looking at AGLOCO’s impact is how it will move money around on the Internet search alone. I think Google could be one company that is greatly affected by the invention of the Internet Economic Network (which is what AGLOCO is).

To make this simple – Let’s say that AGLOCO is highly successful and gets 150 million members (and that other economic networks also start and together they get another 150 million members (and that further that these 300 million members represent 50% of the active volume on the Internet.)

How will this affect Google profits?

Google’s financial statements release significant data on how Google makes a profit.

First — Google gets 60% of its revenue from selling ads on its own sites and 40% from sites of others (like AOL).

Second — In regard to the AOL etc. 40% part, Google states that it has an 80% cost of revenue on that part of its business (this means that $100 of the revenue that is generated by this part of the business costs Google $80 to get – like the fact that on average Google pays AOL 10 cents a search. – that is about 90% of Google’s average gross revenue (obviously Google pays other suppliers less than 80% or otherwise the average cost would be higher 80%).

Third — The Google direct site revenue (the 60% part), is highly profitable – with an 90% gross profit margin.

Simple math – if Google does $10 billion in total revenue, then $6 billion is direct and $4 billion is indirect (from other sites). The $6 billion has a $5.4 billion gross profit (90%) and the $4 billion has a $0.8 billion gross profit (20%). Total $6.2 billion in gross profit. Google has about 25% in operating costs ($2.5 billion) leaving $3.7 billion in net profits.

IF AGLOCO (and other economic networks) have half of the total Internet users then Google will have only half as many direct customers. – New split would be 50% AGLOCO etc. 30% direct and 20% AOL etc.

Simple math #2 - if Google does $10 billion in total revenue then $5 billion is AGLOCO etc, $3 billion is direct and $2 billion is indirect (from other sites). The AGLOCO $5 billion has a $1 billion gross profit for Google (20%). the direct $3 billion has a $2.7 billion gross profit (90%) and the AOL etc $2 billion has a $0.4 billion gross profit (20%). Total $4.1 billion in gross profit. (Google still would have about 25% in operating costs ($2.5 billion) leaving $1.6 billion in net profits.)

A net profit of $1.6 billion is less than half of $3.7 billion. So Google’s net profit would be less than half of what it is now if AGLOCO succeeds and becomes huge. And where did that $2.1 billion go that Google lost – to AGLOCO and other economic networks.

And this would be AGLOCO‘s income from just search (and not including money from Yahoo, MSN etc.) – A very nice start…..

 Bill Gates likes AGLOCO concept?

I saw this 'old' Bill Gates quote on John Chow's blog. It was i believe a statement he has made publicly more than once in the last year. (I did a quick search – used live search just for fun.)

Well AGLOCO is one way to do just what Bill Gates says to do (not that he is always right - but maybe this time?) MSN would have trouble paying people to search, but using something like AGLOCO's economic network... it could work. Does Bill know something that Eric Schmidt should be worried about? 

Gates said that search engines like Google Inc. get their revenues from advertising because people use these search engines. “Google’s business model is not based on free software,” Gates said. “Their business model is based on advertisements from which they make a lot of money.”

But they don’t share these advertising revenues with the end users who help them get the revenue, Gates said. “Google keeps all of the money with itself,” he added.

(Through its AdSense program, Google does share advertising revenue with Web site publishers who carry ads that Google sells to advertisers.)

In its bid to share revenues with users, Microsoft may give free software or even cash to users, said Gates, who did not discuss further details.

The AGLOCO Effect

John Chow update --

 

 

http://www.johnchow.com/the-agloco-effect/

 

The AGLOCO Effect

December 20th, 2006 by John Chow

We have all heard of the Digg Effect or the Slashdot Effect, but the AGLOCO Effect? It seems AGLOCO recently sent out an email update to all members. The update highlights AGLOCO’s growth and goal of 10 million users by July 1st. 2007. In addition, the email ask members to sign up at least 5 more members in the next 30 days. That really shouldn’t be a problem. To help you in referring ways, AGLOCO listed a few sites to check out.

To help you we have also listed a couple of blogs that our Members have created to share ideas on how to obtain referrals, as well links to two successful Members who have over a thousand referrals.

Ideas
http://aglocoideas.blogspot.com/(good site for ideas for obtaining referrals – sample emails etc.)

Two successful recruiters:
http://mccallsnotes.spaces.live.com/blog/ (over 6,000 referrals)
http://www.johnchow.com/the-agloco-viewbar/ (over 1,700 referrals)

Two ‘fun AGLOCO sites’
http://aglocovideo.blogspot.com/ (a Malaysian video in English)
http://www.aglocotest.com/ (A newbie diary)

The email, which is being sent over the next few days to an estimated 100,000 members, has provided a nice increase to blog traffic. I hope that the information on this blog will help you guys out.

I first wrote about AGLOCO back in Nov 22nd and is on track to hit 2,000 referrals within the next two days. That puts me at 2,000 sign ups per month. I am aiming to have 5,500 to 7,000 referrals by Viewbar release time.

I may do a blog series on referral methods if there is enough demand for it. I learn a lot from my AllAdvantage days and those recruiting ideas still work today. If this is something you want to see, leave a comment.

 

 

 I like three posts today that I found

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AGLOCO and Privacy

AGLOCO is launched! http://www.privacyclue.com/index.php/category/agloco/

As many astute readers of this blog may notice, I’ve not been blogging too much lately. And if you’re also a listener to The David Lawrence Show, you will have a good idea why: I’ve been up to my eyeballs with the launch of my new company, AGLOCO.

AGLOCO — which is an acronym of sorts, short for “A Global Community” — is a modern incarnation of the Infomediary concept that I helped to pioneer back during the “dotcom” days with AllAdvantage. At AGLOCO, I am a co-founder (along with a couple of former AllAdvantage founders and a new cast of thousands*) and Chief Privacy Officer. Oh, and de facto General Counsel (at least until we have enough money to hire a better lawyer).

( * Okay, not a cast of thousands… But we’ve got about a dozen Stanford students that are running most of the operations. Actually, we may very well be the largest single employer of the Stanford Graduate School of Business Class of 2007…)

What is AGLOCO?

At it’s core, AGLOCO is an Infomediary. What’s that?

On the Internet, advertisers and marketers are eagerly and greedily gathering information about you, your interests, your shopping patterns, and other pieces of your personal information. They use this information to build a “profile” which can be used to target advertisements to you. In fact, some “data brokerage” companies will sell that profile information — your information! — to the highest bidder.

An infomediary turns this equation upside down by working as an agent on behalf of consumers to gather the same kind of data profile, but this time the profile is kept private and under the ultimate control of the consumer. The infomediary then pays consumers a share of the advertising revenue. As the community of users grows, and the quality of the targeting profile improves, the infomediary can provide advertisers with a richer and more valuable advertising audience and in turn the infomediary can deliver more value back to the community.

If you look today at the most vibrant communities on the Internet, places like MySpace, YouTube, Flickr and del.icio.us, the members of those communities have made those sites into incredible successes. When MySpace sold to News Corp. for $580 Million, how much money did the users of MySpace make? When YouTube sold to Google for $1.65 Billion, how much of that money went to those lip-syncing Korean guys and the other thousands of users who made the site such a success?

Don’t get me wrong: I think the folks who create exciting websites and think up innovative “Web 2.0″ concepts deserve to be rewarded for their creativity and their vision. But so do the users, without whom those sites would be nothing more than cute little ideas with no audience. Now, some will say that the users of YouTube or MySpace get value because they get the enjoyment of participating in the community and creating wacky webpages… all of which they get for the low, low price of FREE!

Yeah, well… one of our founding team stumbled upon a quote that sums up my feelings: Sometimes “Free” is Too Expensive!

AGLOCO will be the only (at least until somebody swipes the idea) Internet community where all the Members who come together to make it a success will actually share in the wealth created by their hard work and dedication. If “Web 2.0 is all about user empowerment, AGLOCO is empowering a virtual revolution!

For more information, please check out AGLOCO and if you want to sign up, please use my referral number: AGLO-0009. You can also learn more about AGLOCO by checking out my exclusive Podcast Interview with David Lawrence. I did a written interview for the AGLOCO website, too.

To read more about AGLOCO you can also check out the following blogs where AGLOCO’s launch is already generating a lot of interest:

AllAdvantage Is Back - GigaOM (11/03/2006)

AGLOCO launches - will pay you to surf the Web - VentureBeat (11/20/2006)

Web 1.0 Undead Rise: AGLOCO - TechCrunch

AGLOCO – AllAdvantage team launches new(ish) business - E-Consultancy (11/20/2006)

AllAdvantage 2.0, AGLOCO Launches - GigaOM (11/20/2006)

Now I like AGLOCO even more - McCall’s Notes (11/20/2006

 This is so great - if you have signed up under me please read this if not use my referral link www.agloco.com/r/bbbj5197

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Just went past 6500 AGLOCO referrals

I went above 6,500 referrals yesterday – I seem to be averaging about 100 new referrals a day at this point. I am somewhat amazed by this as I have only picked up one direct referral in the last two weeks (I haven’t asked anyone). So my 59 direct referrals on average have over 100 referrals each.

I have been asked many times what I did to get my 59 direct people. And why do I seem to have such a large number of extended referrals. (Please note – if you are just interested in getting a few referrals and have limited time skip down to the third bullet point on email…)

• First, I read three pages of AGLOCO website info (how it works page, viewbar page, and FAQ page) to get ready to explain AGLOCO to people I was recruiting and to be ready for their questions
• I personally called (or met at work) the 10 best people I knew for AGLOCO
• These were people who I thought would get excited about changing the way the Internet is run and would be willing to go out and stick their necks out and invite their friends to join AGLOCO
• I can not stress enough how important it is to go after the best people you know and to do it personally. And to tell them this is not a ‘get rich quick scheme’ – most people do not believe that anyway – and if they do they will not be good recruiters for AGLOCO.
• I told the people I personally recruited that I picked them, because I thought they would be very good at recruiting and that in order to leverage this early opportunity they would have to actively recruit.
• Also, tell your recruits that at least half of the people will turn them down
• I was lucky – I got all 10 to join AGLOCO and I am pretty sure at least 6 of them have actively done recruiting like I did (the others did some emails and have said they will do more… “soon”.)
• I emailed to almost all of the people in my email address book (about 400 people) – even those I had not talked to in more than a year.
• I used an email like the ones AGLOCO shows as samples – BUT on each one I added at the top a personal message – it takes time but I think it is very important – and a side benefit was that I got lots of personal emails back from friends and contacts I had not talked to in a while.
• Actual signups from this was just over 10% (49 people to be exact). (Given the result, if I were to do this over again I should have called at least the top 20-25.) - About 20 of the 49 have told me they signed up -  the other 29 - I am not sure who they are.
• I will be sending a repeat email to 400 people (minus the known signups) with an update on the AGLOCO opportunity to see if I can get 5 or 10 more.
• To stimulate the ‘extended’ referrals, I talk and email to the 30 direct referrals I know and give them ideas and encouragement – BUT what I mainly do is answer questions that get when they are recruiting –or  they get from people they have recruited doing their recruiting – see how this works… What is nice about AGLOCO is that you are not ‘selling’ a product for cash- just the opposite, you are helping people get money they already deserve. Most people hate selling anything – but they are happy to give other people’s money away J .

I see this was a long post – but to give a decent answer I needed to put in some details. As I see it, there are three groups of members of AGLOCO and they are all part of the old 80 / 20 rule (20% of the people in any group do 80% of the work/and get 80% of the results). So out of 100 AGLOCO members I think:

·         80 will do no recruiting and will be happy to get their share of the Internet as a regular member

·         20 will do all the building and of that 20:

   o       80% or 16 will do simple email recruiting and do pretty well with it – given how easy that is.

   o       20% or 4 will do what I did and take the extra time to really sit their necks out for AGLOCO

Just make sure that among the people you get that you recruit those 4 and you will do real well….

 For agloco builders I think this guy is a must read

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6,000 AGLOCO Referrals

I have been asked to do two things on this blog recently.

 One is give my status. – I crossed over 6,000 total referrals yesterday.

Two how did I get there.  – Mainly I recruited friends with emails. I have just 58 direct referrals (I plan to get more, but day job is in the way and I have grown a bit lazy.) But I do talk to the friends I have recruited and do two things.

• I give them help in answering AGLOCO questions they may have or people they recruit have. (I read a lot about AGLOCO so this makes me better able to do that than they are. I do this mainly in email so they can forward the information on.
• I act as a cheerleader. Recruiting new members for AGLOCO is sales. And in all sales you get lots of no’s. Sales is numbers you need to get your message to the right people at the right time.  I email my friends often to make sure they are feeling supported by me in the effort. Please note that only 1/3 of my recruits have direct referrals so far – the others have not tried. I am hoping to get this up.

 Sites I like for information are.

 http://aglocoideas.blogspot.com/

http://www.johnchow.com/  

http://jr-infomediary.blogspot.com/

http://aglocoblog.blogspot.com/