Reply by Mike Filsaime - Accused of Lying - Rebuttal
Michael Price tipped me off to the thread where someone asked how I could
lie in a promotion an get away with it.
(Thanks Mike Price)
After I read it. It got nuked. Thanks Mods. The problem with nuked threads is
sometimes I never get to defend my reputation after the damage is done.
His thread title
"marketers allowed lie promotions filsaime-did"
The person showed where I stated I made
4.4 Million in 2006
4.7 Million in 2007
8.1 Million in 2008
And YTD in 2009 I am over $3million and pacing $10+ Million and will do over $25 Million
in those 4 years. (Projected)
The person explain how I claim in my video that I said 1 Million optins and later said
700k optins. And that I claimed that I make on average $1 per month for every
member that is active on my list.
And his question is, if I make $1 per month from those $700k, that is $8.4 million. "Well, if he makes $8.4 million from that list. That means that is what he made last year from JUST that list and that also means all of his other businesses make $0.00"
HE IS A LIAR!!! - We know his others istes make money so the list can't make that alone!!!!
---
OK - My response...
First off. All the figures I quoted for 2006, 2007, 2008, are based on what I
reported to the IRS. Those are GROSS FIGURES. Not Net.
Of course I have expenses, salaries, and I pay affiliates. I never claimed it is
NET, and I think everyone knows that.
For the record, (Since I was questioned) those GROSS numbers include ONLY
what Clickbank paid me, not gross sales. So you can also put that to rest. I
can only report as income to the IRS the 1099 I get from Clickbank. That is
a net number from Clickbank.
On to your point saying, if that was the case, why did I not make $8 Million last
year (2007).
Well, my list was smaller last year. And I was on the road a lot and not able to
run my company the way I wanted so I retired from public speaking and my
business took off.
But keep in mind, 675 people per day joined paydotcom last year. That is
246,000 people that joined my list just from one site. So yes, my list grows
every year.
When I say over 1 Million opted in. That is fact. Why I later said 700,000. That
was made clear in the video. Many people join multiple sites. So after I de-dup
and remove all of the MANY unsubscribes, I send to about 700k unique emails
addresses when I send out an email.
So, on to my point about making $1 per month for every subscriber.
For the last 6+ years online, That has held true for me on average EVERY
SINGLE YEAR.
I never said that make that ONLY from email.
I said, and it is said to be meant as a METRIC.
On average, over the last 6 years, my business makes about $1 every month
the same amount of "ACTIVE" subscribers I have on my email list.
Meaning, you can leverage that list NOT ONLY to make affiliate commissions.
But to ALSO LAUNCH YOUR OWN PRODUCTS. (As I did today with crusher formula)
It can also be used to win prizes and thus BUILD RELATIONSHIPS and RECIPROCITY
to get others to promote for you.
You can also sell the prospects your OTHER products and services unrelated to why
the opted in for something else.
AND... you can also train them to become your affiliates. (Read BFM Manuscript)
So, to be CLEAR, I am not saying I make $1 per month only as an affiliate. I NEVER
said that.
I am saying, as a METRIC, MY BUSINESS earnings monthly are DIRECTLY related
to the size on my ACTIVE OPT-IN LIST by a ratio of 1:1
It has been since day one. Many online experts will also give you that metric.
For me it is FACT. Since day one even to right now.
So, my point was I will teach you HOW TO BUILD A RELATIONSHIP with your
list and show you what I do to maintain tha 1:1 ratio.
--- </end_defending_myself>
If you doubt me, that is your problem. The only person I worry about my claims
is the IRS and TRUST ME, I know what it is like when they show up at
your office and go through your books. I would prefer an anal probe. But
they do not doubt my earnings like this person did. They were only concerned
with if I paid them enough taxes. (not fun)
So, for you to call me a LIAR in public is just WRONG. You got a question
you need cleared up. Email me or go to my help desk, or PM me.
(Although if you PM me I may not read it. I rarely check PMs, sorry)
But unlike the nice laws we have here in the US and many countries,
"Innocent until proven guilty" does not apply in public forums.
Any DIM WIT can come in and call some one a LIAR and scream bloody
murder without fact.
I must say, I was so happy to see many other warriors and even past critics
come to my defense or at least try to clear things up. Thanks to all of you.
But my reputation may have been tarnished my anyone reading..
"Why is Mike Filsaime allowed to LIE in is promotions"
"don't think of a GIANT RED ELEPHANT"
Even if you don't think it effects you, it still leaves an image.
So I wanted to clear things up for this person and anyone else
he may have confused quoting me out of context. Although he
did mention "Go see the video"
Thanks for allowing me to clear things up.
Thanks,
Mike Filsaime
- Thanks
Mike Filsaime
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