As of recent times, some of the top Internet Marketers (namely Frank Astheimer, Paula Frye and John Lowery) have jumped on the bandwagon for a new company called Stiforp.
There are 5 reasons why I will never join Stiforp:
1. Can’t perform a proper due diligence on the owner(s) – I deem it extremely important to know the history of the company owner(s), so I’m not involving myself with a person that has been known to run scams in the past,
2. Don’t initially know what the company’s products are – This is disclosed to anybody, so how do I know what I’m getting for my money,
3. Don’t know anything about their comp plan, thus I don’t know how I’m going to be paid for my efforts (if I ever chose to participate in this company). It is important for me to know how I’m going to be paid for my efforts,
4. With their current systems, I MUST opt-in with my contact information to find out about their company. This means that I’m “growing their list”. So what happens if this company closes their doors? My contact information becomes part of their database, and it can be sold “to the highest bidder”. Everything is hidden in a “veil of secrecy”,
5. New network marketing businesses have a bad track record of not lasting. Over 95% of network marketing companies don’t last past 5 years.
What has Stiforp got to hide from the people? I’m not sure at this point, but I will not be part of that company if they will not allow me to know more about them. I just don’t join companies unless I can do a proper due diligence on it or its company officers.
I am not necessarily calling Stiforp a scam, but there are too many “red flags” for me to make this a viable business to join. Caveat emptor (Latin for “buyer beware”)! I’ll pass on this one!