Disrupt Terminates Top Level Affiliate For Selling Unauthorized Shares

Disrupt Terminates Top Affiliate Daryl YG Kingston WHY?

Yesterday Jason Elrod, founder and CEO of Disrupt Worldwide, LLC. made the following announcement on his Facebook wall.

We have been informed that a former Disrupt affiliate had apparently been soliciting people to give him money in exchange for a purported “share equity” investment in
Disrupt.

Our investigation proved that the allegations were accurate and the affiliate was immediately terminated.

Disrupt is not selling any ownership interest or stock and has not authorized the resale of any ownership interest by this former affiliate or any others. Disrupt did not receive one red cent of investment money from this individual.

Disrupt takes all regulations seriously, and if our legal and compliance staff feel this action is grounds for regulatory discipline we will file a complaint against the former affiliate with the appropriate authorities, in our home state, the affiliate’s home state as well as with federal regulators.

If you are solicited by anyone purporting to represent Disrupt for investment purposes, immediately report any person who claims to be selling an investment or ownership interest in Disrupt to the the following: compliance@disruptcorp.com 

It was not a surprise to me, as I had been following the saga all weekend long. Elrod had reached out and shared his side of the issues. I then reached out to Kingston to get his side of things.

The Rest Of The Story…Disrupt Terminates Top Level Affiliate For Selling Unauthorized Shares

Does “Freemium” work in the Affiliate or Network Marketing Communities?

Free Membership

Free MembershipOver the last 18 months I have viewed, reviewed and even worked with several executive teams who have plans to launch or have launched a business based on the Freemium business model. Very quickly some have realized the challenges of this type of business model and have survived while others never got off the ground. Based on this experience I decided to write this small piece.

Freemium: The combination of free and premium levels of services.

I would say that over the last ten to fifteen years, and especially in the last five we have seen cloud based, SaaS, PaaS and mobile app development companies dominantly use the freemium business model to launch their platforms.

In most cases there is a small set of free services for basic users, while premium users get additional upgraded services. In several cases, the free users are inundated with ads, while the premium subscribers can opt-out of the ads.

The Rest Of The Story…Does “Freemium” work in the Affiliate or Network Marketing Communities?

Why Do Network Marketing Companies Fail Abroad?

Network Marketing Culture

Network Marketing CultureHakki Ozmorali, editor of World of Direct Selling wrote a great article on why network marketing companies have a hard time making it outside of their homeland. He came up with six common denominators on why this happens more often than anyone really wants to admit. 1. Wrong Partner 2. Wrong Local Management 3. Wrong Ex-Pat Management 4. Ignoring Cultural Differences 5. Leaving It To International Leaders 6. Lack Of Proper Supervision I want to focus on just one if the six reasons Ozmorali talks about… Ignoring Cultural Differences!

The Rest Of The Story…Why Do Network Marketing Companies Fail Abroad?