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posted on:
6/25/2012 3:30:43 PM EST
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Is Zeek Rewards Legit?? Extensive Due Diligence Article!
zeek rewards, zeek scam, zeek rewards legit, work from home, make money online
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We earn profit sharing for marketing and promoting the company – we buy sample bids to give away – just like a Mary Kay or Avon rep buys samples to give away. And when we give the sample bids away, the company gives us points in return and we earn on those points for 90 days.
You’re not entirely convinced about ZEEK Rewards?
Is it Legit?
Can you really make that much money, even without recruiting anyone?
And are they going to be around for the long haul?
If you are still doing your DUE DILIGENCE!
That’s great!
No really!
I believe that every good online company review should be equipped with a due diligence process checklist.
But its not likely that companies will hand out Due diligence questionnaires or anything like that.
I am probably the most
Skeptical and careful person on the planet.
When someone shows me something new,
I scrutinize it to the max……and then some, using my own process of due diligence.
I always advocate fully researching any new venture with a due diligence process,
and I would expect nothing less from any intelligent responsible individual such as yourself.
Researching anything can be tedious and time consuming.
And you can never be sure that your sources are genuine.
Well, I have some good news for you!
Now you CAN be sure!
And I’ll save you a lot of time by giving the info to you!
by supplying you with MY due diligence sample report which i have put together as a checklist to cover all of the important areas.
Simply read this Due Diligence Process Checklist – Point #’s 1 to 6
1) The history of the company.
2) Company Ownership.
3) Executive Team.
4) Outside Sources.
5) Legal compliance
6) Longevity
and click on the links in the body of each of the checklist points below, to get it straight from industry experts.
No due diligence process checklist is complete without taking a close look at
#1) The history of a company and its leadership.
In fact, thats the first and probably most important things that you should do.
However, I covered point #1) “The history of the company” in my Zeek Rewards Review,
So lets start by looking at the Company founder / owner, and CEO himself, Paul Burks.
Due Diligence Process Checklist.
#2) Company Ownership
Paul Burks - Company Owner
Paul Burks is a successful and well-respected owner/operator and programmer.
He has been involved in the direct sales industry for over 14 years and his personal company FreeStoreClub has over 3 million reps and customers in over 175 countries.
Ok, thats the formal gumpf on Paul Burks. On a personal level he has been described by all sources that i have found as being a highly ethical, honest business man with a goal of helping the little guy succeed. Hailing from poverty himself, he built the company with the sole aim of creating a platform where anyone can get started and reap the benefits of a simple task based system. He developed the EMM model of zeek (Exact Method Marketing) after working for the fast food industry as a programmer.
Fast food chains incorporate a business model that has a 95% success rate. At McDonald’s, teenagers are able to make perfect french fries because it is systematized. They simply follow a proven, set procedure and it works every time. Teenagers in countries in europe, africa, autralia, asia, russian federation, frankly all over the world, can be taught the same simple process thats easy to duplicate, monitor and control.
He basically brought the highly effective and simple concepts that make the fast food industry so profitable, into the network marketing industry.
Most people fail in mlm because they can’t sell or recruit, so he developed the EMM (Exact Marketing Method) business model for Zeek Rewards. Do the basic steps (purchase a monthly subscription, buy bid samples, have customers and place ads) and you cannot fail. Of course, if you sell and recruit you can make much more money but the point is, that you can succeed without selling or recruiting.
The rapid expansion and high retention rate of affiliates speaks for itself.
lets listen to his version of the creation and ongoing vision of zeek rewards.
Due Diligence Process Checklist.
#3) Executive team
But one man alone can not build a solid company of the scale of Zeek.
He needs a strong team and someone who co-ordinates the efforts of that team.
Someone like Dawn Wright Olivares.
Currently Chief Operations Officer, Dawn has 25 years MLM field leadership; 10 years software development; 15 years corporate marketing strategist; 15 years creative development and team leadership.
Dawn_Wright_Olivares
Dawn, was promoted to Chief Operating Officer for Zeek in October 2011.
She been with the company 12+ years ago and has been working by Paul Burks side for the past three years very heavily since the launch of FSCAuctions which eventually became Zeekler. She originally started out as software, graphics and systems development which over the years also became strategic and project development and management.
In 2010, she took on a larger role and by 2011 she was developing then managing most of the departments for Paul. she initially focused on the creation of Zeek’s product and then when Paul came up with the Zeek Rewards concept and momentum started to build – she then increased her focus to internal expansion and compliance. Paul promoted her from International Marketing Director to C.O.O.
But Dawn wasn’t always this focused and passionate about the industry, and had her fair share of hardship and failure.
Dawn’s 25 year field experience and leadership began in her late teens with Mary Kay and Amway.
Her first real success was with a weight loss and neutraceuticals company called E’ola. Skybiz was Dawns first corporate entry with a rescue project for the McCullough family called “Planet Skybiz.” Dawn and Dan Olivares were a software and web design team and they needed a hand.
In 1999 they were scooped up by a company with corrupt ownership where Dawn brought 16,000 reps into the company within a matter of 5 weeks as the voice of that project. They promoted her to VP Marketing, hired Dan as head of IT and moved them out to California before they took Dawn, Dan and the reps to the cleaners and left them high and dry (never paid a single check).
After licking her wounds they joined a consortium of top MLM leaders but after being bitten by two more companies soon after, Dawn vowed she’d never be another companies voice or build another field organization.
She was then introduced to Paul Burks and has never looked at working with another owner in the industry since. This is the first project she has been the voice for since. she says this is because of her trust in Paul Burks.
Alex de Brantes is the current Internet Marketing Manager. He has been with the company for 2 years and he holds a Master Certification in Internet Marketing.
Overseeing sales is Darryl Douglas who has been with the company for 14 years. He has over 17 years in the MLM industry and is well-known as a “compensation plan strategist.”
The rest of the corporate team are Dan Olivares – Master Programmer, Roger Plyler – Member Services Director, Chris Worley – e-Commerce programmer.
But you dont want to just take the word of the people in the company, you need to look at what outside experts in the industry have to say about Zeek.
Due Diligence Process Checklist.
#4) Outside sources.
Who better than a tough nut to crack like Troy dooly?
Troy Dooly
Who is Troy dooly?
Troy Dooly is an international independent servant leader in the Network Marketing and MLM Industry.
His video blog, www.mlmhelpdesk.com is followed by many top leaders in the MLM industry, setting a standard for integrity and knowledge.
If Troy digs in his MLM reporting, he digs very deep… he is also on the board of the ANMP (the Association of Network Marketing Professionals). ANMP is an international organization formed by the likes of Rod Cook (editor of MLMwatchdog.com) &Marcie Cook, Sandi Cohen , Dr. Keith Laggos , Wayne Hillman, Steve Wallach and many others several years ago.
Association of Network-Marketing professionals
The association is a place where together distributors and owners work to communicate better between each other, and to focus on raising the standard of excellence worldwide so we can eliminate the negative impression some folks have of network marketing because of the Ponzi and pyramids who call themselves network marketing or MLM companies.
When you listen to Troy Dooly remember that he is a man feared by MLM companies because he has brought down many companies by exposing their wrongdoings, their non-compliance in different areas, or the unfairness or un-sustainability of their compensation plans.
Troy Dooly taking away ALL objections:
Some notable points brought out on this video:
1.
Zeek Rewards has the highest number of customers to reps. of any network
marketing company that the MLM Business Journal has seen.
2.
Keith Laggos of the MLM Business Journal says that Zeek Rewards has 25 customers
to every 1 affiliate.
3.
The next best network marketing company in this category of reps to
customers ratio is Visalus Science which has a 10 to 1 customer to
affiliates ratio.
4.
In Zeek Rewards 70% of affiliates are making money which is different than most
network marketing companies where only some are making money.
———————
That’s not all, here’s some more Zeek news (fast forward to 37 minutes)
AND MLM Watch Dog Guru Troy Dooly reviews Zeek Rewards with Dawn-Wright- Olivares COO
Part 1 and Part 2
Does Troy Dooley actually endorse Zeek?
Well, see for yourself here.
Due Diligence Process Checklist.
#5) Legal Compliance.
Zeek Rewards legal advisors are MLMatty Law Firm , Which is headed up by none other thanGerald Nehra & Richard Waak.
Grimes and Reece
Zeek Rewards, along with MLM attorneysGrimes and Reece , have spent almost 7 figures putting an Affiliate compliance course together, which is not only available via the member back office,
but the Do’s and Don’t’s training is a mandatory certification for all U.S. affiliates within their first 30 days as a Zeek Affiliate.
There is also whats been called the PhD, geared towards the Zeek Rewards affiliate that wants to grow their business as a leader. This is a 6 hour course where you can learn all there is to know about the laws that govern our industry.
Mr Kevin Grimes is an expert in these types of laws so with his guidance and expertise I am sure only good will come out of the final product.
All network marketing companies must comply to these rules, but only a small percentage are fully compliant.
Most choose instead to “fly below the radar” and hope that they are not pin pointed.
Federal-trade-commission-FTC
The Federal Trade Commission has a mamoth task in trying to stay abreast of all of the new companies popping up over the net.
However, the powers that be, are clamping down on these non compliant companies one by one as the entire industry begins to tie together with monitors and controls.
One of the compliance pre-requisites is transparency and the public release of each companies
income disclaimer statement to comply with the FTC and Legislation rules.
Here is Zeek Rewards Income Disclosure Statement for 2011.
Zeek Rewards are doing everything they can to be compliant with all the MLM laws, legislations and rules.
They are pro-actively seeking guidance from industry experts to not only ensure their own compliance but that of their customer and affiliate base too.
Due Diligence Process Checklist.
#6) Longevity
Actions like these speak volumes about the integrity of the company leadership,
and bode well for the longevity of the business.
In short, Zeek rewards plan to be around for a long time and to provide
a solid, dependable platform that loyal affiliates can count on,
to build their businesses, their livelihood and their future.
And, if they carry on like this, then the shared dream can become a reality for all involved.
I sincerely hope that this due diligence process checklist has been helpful. If you would like some more information on how the Zeek Rewards opportunity can give you and your family the time and financial freedom that you deserve.
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BUSINESS OWNER COMMENTS:
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 | | Thank you for the comments folks. Much appreciated!! |
| | |  | | This is a great post, filled with great advice, I need to re-read a couple of time, thanks |
| | |  | | Very, very good post Rory - you've managed to cover just about everything anyone should need to know about Zeek.
I was just as thorough in my research, and now I sing its praises at every opportunity.
Well done - tweeting for you ! |
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