Part 1: 6 new ways to accelerate your cash outs By Johnny Cash on October 27, 2016 | |
6 new ways to accelerate your cash outs Hi everyone, As you know, everyone’s earnings must mature for 90 days before the profits are available to be fully cashed out or spent without any restrictions. In this post (and ones to follow) I’d like to discuss six (6) new ways to accelerate the maturity of your profits, so they can be spent or cashed out more quickly. Before we do that, as always, let’s use the opportunity to ensure our very newest citizens are caught up. MATURITY: How do you benefit, and how does the empowr community benefit, from maturity? The purpose of maturity is to give everyone’s earnings a chance to be spent in the empowr economy before being removed from empowr. Watch quick video about maturation? As a result of maturity, when you have something to sell, you’ll almost always find many times more customers in empowr… … and, you’ll get a much higher price for your items or services… … than if you had listed them to sell outside of empowr… … which motivates everyone to sell their items in empowr. And as discussed at length, all that buying and selling helps all of us achieve our mission… … because the most important factor for the long term survival and success of empowr and its mission, boils down to the strength of the empowr economy… … as measured by the quantity, and the dollar amount, of quality products and services being provided, distributed and consumed by empowrians on a monthly basis. As I reported in my last post titled “Happy birthday to you”, together we are succeeding in our goal of rapidly growing the empowr economy and marketplace sales. The “97% goal” Along with growing its economy, empowr has another goal, which is to ensure as much cash as possible is being provided to its citizens. Specifically, our long term goal is to return to empowr citizens 97% of all cash that enters empowr in any given month… … from all sources, including the sale of advertising to outside corporations, licensing fees for using empowr’s inventions (patents), transaction fees on goods sold, power user subscriptions, etc. We are hopeful and optimistic that, as and if empowr’s revenues continue to grow, that we will be able to achieve that 97% goal and -- during some months -- even exceed 97%. empowr’s revenues have been growing very nicely Thanks to all your hard work and efforts, empowr’s revenues have been growing steadily. And since empowr is always working to keep its operating costs very low, lately it has had more cash available to return to empowr citizens at the end of the month. To continue towards the achievement of our 97% goal…
We need new ways to rapidly return cash to empowr citizens A few months ago we introduced AMCOs (Accelerated Matured Cash Outs). As the title suggests, when someone receives a $100 AMCO, what’s really happening is that $100 of their empowr earnings are getting their maturity fully accelerated… … meaning that the $100 in funds are being made (forced) to be fully (90 day) matured, regardless of their true maturity level. The result of that acceleration process is that the $100 in funds are all-of-a-sudden immediately available for cash out or shopping. Which empowr citizens should get the largest AMCOs? Meet Sally and Henry – two different empowr citizens. On most days during October, Sally almost never signed on to empowr. Henry, on the other hand, not only signed on daily during October, but also hit his Daily Goals on most days in October. Therefore, it appears that Henry did much more than Sally did in October, to build the empowr economy and help the empowr mission succeed. As a result, it would make sense that Henry should earn a higher AMCO than Sally does, at the end of October. In other words, it follows that AMCOs should be distributed based on performance… … based on whichever activities are most responsible for building the empowr economy. Well, together we decided that we would award AMCOs to empowr citizens in direct proportion to how often they hit their Daily Goals. For the benefit of our newest empowr citizens: You hit your Daily Goal by sharing, posting, bidding and listing a certain number of times each day. To view how far along you are in hitting your Daily Goal today, simply look to the top right of any profile: And click anywhere within that area, to reveal more information, including how often you’ve hit your Daily Goal (your recent history), how you can score bonus shares, posts, bids and lists, and more:  I have some good news… and some great news! As you know, thanks to all the Daily Goals everyone has been hitting (which includes listing products in the marketplace)… … the empowr marketplace has been growing rapidly. IE: BOTH the quantity and the quality of products have been growing very nicely. As a result, many empowr citizens are choosing to spend their AMCOs in the empowr marketplace instead of cashing them out. This is fantastic news, because it means that even more earnings are available to anyone looking to sell something… … driving up the price you’re earning on the things you’re selling. Indeed, selling things in empowr is becoming more and more lucrative for sellers! Ready for the great news? Here it is: For the first time, over 50% of empowr citizens have chosen to spend their entire AMCOs in the marketplace instead of cashing them out! As a result, empowr is now able to double the amount of AMCOs being provided to you, our dear empowr citizens, each month! That’s right! Since more and more of you are deciding to shop with your AMCOs in the empowr marketplace… … together, we must find new ways to distribute more cash back to empowr citizens! So, the question is… How should empowr distribute this extra cash to its citizens? What other efforts should we, as a community, be looking to drive or motivate empowr citizens to do… … to ensure we’re continuing to rapidly grow the empowr economy? Another way to ask this question is: What obstacles are we -- empowr citizens -- facing as we look to grow the empowr economy (and our own earnings)? If we identify the top obstacles... … perhaps we should use AMCOs to reward people that are most successful in helping us overcome those obstacles. So, how can we identify the top obstacles everyone is facing? Well, as you know, every month we ask you to rate your empowr experience (0-10):  As soon as you do that, we ask for details, specifically asking what you like, and what you dislike:  Unlike what usually happens with customer surveys from most companies, empowr actually review every single person’s comments… … and organizes your thoughts, ideas, issues and concerns into groups… … so that we can count them up… … and learn what the number 1 issue is… … what the number 2 issue is… … the number 3 issue, etc. From this feedback process… … we’ve learned what you see at the top obstacles to your success… … which also means obstacles to the success of the empowr mission. In order to help overcome those obstacles, I suggest that we focus new AMCOs to people that can be most instrumental in solving those issues. ---------------------- Therefore, in this post, and in the following few posts, I am excited to announce six (6) new types of accelerated cash outs: The top obstacle From your feedback, it’s clear that the number one obstacle we’re facing as a community and economy… … is that the empowr platform is quite complicated. Just like any economy… empowr can be difficult to learn… … especially for new empowr citizens when they first join empowr. So, what’s the answer? How can we make it easier to learn how to utilize empowr? Feel free to use the comments below if you have ideas you’d like to share! Success coaches are a big part of the answer Success coaches are at the heart of the empowr approach to educating new citizens. NOTHING beats having someone to talk to, when you’re stuck and need answers. empowr success coaches are outnumbered empowr success coaches have been overworked – with some of them actually having tens of thousands of students assigned to them. IDEA: In order to significantly increase the number and quality of success coaches, let’s start paying our success coaches more… … and giving them AMCOs equal to a percentage of those earnings. Let’s call this new type of AMCO: Coaching AMCOs – or CAMCOs. How can you get some of this new type of cash? Here’s how: 1. As soon as you become an Orange Star Power User or higher, simply visit the Learning Center, and look for this image at the top of the page:  Click on “Details”, and follow the easy steps that open up to you. Note: If you’re not yet an Orange Star Power User or higher, you won’t have access yet. You will not see the above image at the top of the page. But don’t worry. Just keep posting and sharing, and before you know it, you’ll be an Orange Star Power User! 2. You’ll get immediate access to the success coach training area. In that area, there are training modules. You read a few pages, and then take a quick multiple choice test. When you pass the test, you move onto the next module. If you fail, you can try again in just one hour. A highly motivated person could literally become a success coach in less than one full day. 3. As soon as you become a success coach, you’ll get access to your own Client Center. Almost immediately, new students start getting assigned to you, and others can ask to be your student from the SC Leaderboard page. And as soon as you earn your first $0.01 (penny) in bonuses, empowr will add $1,000 to that, as your starting bonus. 4. After the month ends, your compensation is added up, and provided to you. And now, you’ll also earn an accelerated cash out, called a CAMCO (Coaching Accelerated Matured Cash Out). Here’s exactly how you earn as a success coach: A. When your students earn, you earn. You get a % of what they earn, at no cost to them. That’s called your base compensation. B. On top of their base compensation, Success coaches also earn bonuses, as follows: Bonus 1: Student Success If you were among the better success coaches, based on how successful your students were doing the month, you can earn a large bonus. Bonus 2: Student Happiness If you were among the better success coaches, based on how happy your students were doing the month, you can earn a large bonus. Bonus 3: Quality If you were among the better success coaches, based on the quality of your coaching and answers to your students’ questions during the month, you can earn a large bonus. Bonus 4: Speed If you were among the faster success coaches, based on how fast you responded to your students’ questions during the month, you can earn a large bonus. Bonuses can get quite large Many success coaches earn thousands of dollars in bonuses each month, because their students were either successful and/or happy… … and/or their responses to their students were of high quality and/or fast. Your success coach base and bonuses are then added up… … and your total SC earnings will be applied to your empowr account. (You’ll be able to see what each coach earned, and how you compared to them, for inspiration). Then, between 10-20% of your TOTAL success coach earnings (base + bonuses) will be converted into a CAMCO... ... meaning they'll have their maturity fully accelerated, so you can cash them out or spend them, immediately. (The 10-20% range depends on empowr’s cash flow during that month). These earnings and special cash outs are on top of your other types of earnings and AMCOs, of course – meaning that you are not limited to only being a success coach. So, if helping others succeed sounds like fun to you… … why wait even another day before becoming a success coach? Already, many success coaches are earnings thousands of dollars in SC earnings each month… … and receiving hundreds of dollars in additional cash outs, each month. Ready to become a success coach? Well, then, what are you waiting for? You can become a success coach very quickly. Not only will you change lives each adn every day... ... and benefit from waking up every day with purpose, knowing you're doing so... ... but now, finally, if you dedicate yourself to your students... ... you can actually make it a full-time career that can start to pay your bills almost immediately. In the next post, we’ll discuss more new ways to cash out… more new types of AMCOs. Any questions? We’re here for you. (more) ►
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