Lessons Learned: The Good, The Bad and The Ugly 20110926
The Good:
Our clients are very happy with the Gold Buy/Sell program. Unlike bank debt programs that are paying half of what they were paying just four months ago we’ve maintained double digit monthly returns for years.
You can get started with as little as $50,000 or as much as $100,000,000.
This is, as a client who placed millions this week shared, is an “incredible opportunity, clever structure, risk-free!”
All I need is a Client Information Sheet (write me atjoe@joetufo.com or call me at 925-522-0700), a Proof of Funds, a color copy of your passport or driver’s license and a Letter of Interest.
I WANT YOU AS A CLIENT!
LET’S GET STARTED NOW!
You are welcome to participate in future Wednesday weekly conference calls.
Learn about project funding and asset monetization too.
Listen to client testimonials and ask questions. We are fully transparent and real.
September 28, 2011 Wednesday Weekly Conference Call Week 39: Small Cap Programs $50k to $50m, Project Funding, and More
http://myaccount.
October 5, 2011 Wednesday Weekly Conference Call Week 40: Small Cap Programs $50k to $50m, Project Funding, and More
http://myaccount.maestroconference.com/conference/register/HQ1PAH9TFUY7PZB9
October 12, 2011 Wednesday Weekly Conference Call Week 41: Small Cap Programs $50k to $50m, Project Funding, and More
http://myaccount.maestroconference.com/conference/register/06U0EUYQLQUWWT
The Bad:
The president of the bank debt program still owes me almost $75,000 that I know of. Whenever I call him he says “Blow me!” or “Fxxx you!” or some other juvenile response. Two weeks ago three others told their stories of being screwed by him and shared the same “juvenile” experiences.
Whatever you sow…
The Ugly:
This came in answer to a prospective Referral Partner who’s been too “busy” to attend our weekly Weddnesday Conference Calls:
Joe,
I am – probably against my better judgement – taking the time to formulate a response. “Jeff” needs to understand and realize a few things: 1) If he’s not the “client” in this business (ie he’s not the signatory for the asset), then he is not entitled to private information shared principal to principal. As such, he is very much “out of bounds” demanding it. 2) If he doesn’t entertain signatory rights to the assets his clients are looking to place – he has no “voice” in what they sign or don’t sign. His opinion, quite simply, doesn’t matter. His “job” (as it is) is to make an introduction to someone(s) who can perform. His failure to do any more or any less constitutes fiduciary negligence. 3) He should be willing to take the time to get on the phone and gain more information. I’m sorry, but his refusal to do so (to this point) puts a very bad taste in my mouth – that’s why we get on your conference call every Wednesday. If we’re not worth his time, why should he (or his “clients” he’s attempting to speak for) be worth ours? 4) Lastly – if he has clients or contacts that come to the table by way of your introduction – he has to step out of the way. You would/will be the entering intermediary – and he has to step aside and let us deal principal to principal. Period.
I hate these stupid “broker hide-and-seek” games played by individuals who believe they are more important than they are. Please don’t misunderstand me – making an appropriate introduction is important. Without it, how are we going to close deals? But, “Jeff” has quite obviously never placed a client into a real private trading program and believes he’s entitled to speak for clients when he entertains no signatory rights over their assets. He’s very “wrong” about that.
We deal principal to principal. We do that for a number of very good reasons. Most brokers/intermediaries don’t know how to close a deal, nor do they really understand how the banking system actually works (what really can be done and what can’t be done.) The majority live in “imaginationland” pushing programs that don’t actually exist and do their “clients” a disservice by not educating themselves on what is real and what is make-believe. It is in our best interest and our prospective clients best interest to deal “pincipal to principal.” We’re the ones actually creating the profit for disbursement with the assets under management. They’re (investor principals) the ones who have the authority to execute an Asset Management Agreement and move forward. We don’t need (or allow) intermediaries in the middle to tell our story to the prospective client – nor do we need (or allow) intermediaries in the middle to tell their story to us. That NEVER works…
Additional comments below in blue
More from Jeff Rxxxxxx who never seems to have time to get on the calls.
Does the investor need to be accredited? Accredited? That word means a lot of different things to a lot of different people depending upon the context it is spoken/written within. Investors are required to pass compliance… Not a big deal – but we have to show we’ve done our homework and are doing business with someone legit. We need a CIS and POF to initiate the process.
– How can you and I go out seeking investors without a registration or exemption under Reg D? I’m seeing alot of money hunters getting nailed by SEC. all over the place for touting offerings w no registration or exemption. Then don’t “tout” offerings with no registration or exemption! Our programs are exempt…
– On these 2 gentlemen, What is the last names of these guys? What firms have they worked for? Do you have a bio? We will be happy to provide full transparency to a client once they’ve come forward. If you’re not a client and don’t maintain signatory rights to the asset to be placed into “trade” (any of our programs), then we reserve the right not to give you information you don’t need. We have nothing to hide. We pass the “sniff test” and expect every prospective client to do their due diligence prior to placing funds under our management. However, we only deal principal to principal because that’s the only way deals ever get closed.
– What major bank is the paymasters bank and which bank do you draw the investor funds into? We will be happy to share that with a client
– are these funds pooled together? Had you attended any of Joe’s Wednesday calls to this point – you would have a good working knowledge of our operation
– What do you mean by platform? Sounds like a computer screen that trades but its obviously not. Is this a Hedge Fund, and LLC, a INC, a Partnership? Again, we will be happy to share that with a client.
– what country is the gold coming from? Coming from? You mean what continents do we “flip gold” in?
– how is it insured when shipped? Again, had you attended any of Joe’s Wednesday calls to this point – you would have a good working knowledge of our operation
– whats the name of the organization that Richard works for? You mean own? We will be happy to share that with a client
– Id need to see a contract of what the investor would be signing to make sure its something I would want them to sign Do you have signatory rights to the assets to be placed under management? I’m sorry, but we do not send out docs over the web to brokers.
– Any other docs needed to show investor We provide anything/everything directly to the client
– and lastly, which is most likely the largest hurdle for you to overcome – transparency – show me a statement, blocking out the name of the owner and account # , or some sort of verification of deposit and a sample transaction that paid 10% whithout divulging personal information. I’m sorry, but is this a request or a demand? We will be happy to provide our attorney’s attestation letter (from the paymaster) as proof of performance to a client.
As always I’m available 7AM to 5PM M-F Pacific to serve you and those whom you choose to refer.
Joseph P. Tufo, President
CASH FLOW SPECIALISTS, INC.
925-522-0700 Direct
800-669-2700 Toll-Free USA Only
206-984-2853 Fax
joe@joetufo.com
http://www.workingcapitalfast.com
http://www.joetufo.com/blog
Networking/Chat Contacts:
LinkedIn: http://www.linkedin.com/in/joetufo
Skype: jptufo
Referral Key: http://www.referralkey.com/joetufo
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Facebook: http://www.facebook.com/joetufo
Google Profile: http://www.google.com/profiles/jptufo
http://www.TopLinked.com/a/?a=141714
You are welcome to participate in future Wednesday weekly conference calls.
Learn about project funding and asset monetization too.
Listen to client testimonials and ask questions. We are fully transparent and real.
September 28, 2011 Wednesday Weekly Conference Call Week 39: Small Cap Programs $50k to $50m, Project Funding, and More
http://myaccount.maestroconference.com/conference/register/PSUIF0RAPAP3QJMP
October 5, 2011 Wednesday Weekly Conference Call Week 40: Small Cap Programs $50k to $50m, Project Funding, and More
http://myaccount.maestroconference.com/conference/register/HQ1PAH9TFUY7PZB9
October 12, 2011 Wednesday Weekly Conference Call Week 41: Small Cap Programs $50k to $50m, Project Funding, and More
http://myaccount.maestroconference.com/conference/register/06U0EUYQLQUWWT
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