AVBOB Dream Staff Assessment: Rameez Jakoet’s new MLM


AVBOB Dream Staff fails to supply possession or government data on its web site.

AVBOB Dream Staff’s web site area (“avbob.app”), was registered in December 2022. The personal registration was final up to date on August 1st, 2023.

AVBOB Dream Staff’s official FaceBook web page was created on February fifteenth, 2023. This offers us an approximate launch date.

A advertising and marketing video on AVBOB Dream Staff’s web site homepage options Rameez Jakoet.

Jakoet is thought to BehindMLM as a prime promoter of Berry Buying and selling.

Berry Buying and selling was a “click on a button” app Ponzi that focused South Africa. The rip-off collapsed on round Could 2nd, leading to widespread shopper losses.

Such to the extent Jakoet is concerned within the working of AVBOB Dream Staff is unclear. The advertising and marketing video that includes him was uploaded to AVBOB Dream Staff’s official YouTube channel on August eighth.

Whereas who’s working AVBOB Dream Staff isn’t specified, we are able to verify it’s a South African MLM firm focusing on South Africans.

As all the time, if an MLM firm will not be brazenly upfront about who’s working or owns it, suppose lengthy and laborious about becoming a member of and/or handing over any cash.

AVBOB’s Merchandise

AVBOB markets a pay as you go funeral coverage from AVBOB.

Advantages of AVBOB’s coverage embrace:

  • a “primary funeral” valued at R13,500
  • an “quick” R3000 money cost to cowl preliminary bills
  • an R3000 low cost on “a tombstone, cremation or aquamation”
  • free transport of the deceased inside South Africa
  • six month safety if the coverage holder is retrenched
  • one 12 months of premiums returned as cashback if no claims are made each 5 years

Neither AVBOB or AVBOB Dream Staff disclose funeral plan premium prices.

From AVBOB Dream Staff’s compensation plan nonetheless, if we reverse engineer the maths the minimal price seems to be R1000 upfront after which R220 a month.

AVBOB Dream Staff’s Compensation Plan

AVBOB Dream Staff associates are paid when referred retail clients and recruited associates buy an AVBOB funeral coverage.

AVBOB Dream Staff Affiliate Ranks

There are sixteen affiliate ranks inside AVBOB Dream Staff’s compensation plan.

Together with their respective qualification standards, they’re as follows:

  • Lively Connector – enroll as an AVBOB Dream Staff affiliate
  • Core 3 – recruit two AVBOB Dream Staff associates
  • Core 7 – recruit two Core 3 or increased ranked AVBOB Dream Staff associates
  • Enterprise Builder – recruit two Core 7 or increased ranked AVBOB Dream Staff associates, and generate at the very least R15,000 in weaker binary crew aspect quantity over a rolling 12 month interval
  • Staff Chief – recruit 4 Core 7 or increased ranked AVBOB Dream Staff associates, and generate at the very least R30,000 in weaker binary crew aspect quantity over a rolling 12 month interval
  • Bronze – recruit six Core 7 or increased ranked AVBOB Dream Staff associates, and generate at the very least R50,000 in weaker binary crew aspect quantity over a rolling 12 month interval
  • Silver – recruit ten Core 7 or increased ranked AVBOB Dream Staff associates, and generate at the very least R100,000 in weaker binary crew aspect quantity over a rolling 12 month interval
  • Gold – recruit ten Core 7 or increased ranked AVBOB Dream Staff associates, and generate at the very least R150,000 in weaker binary crew aspect quantity over a rolling 12 month interval
  • Platinum – recruit two Staff Chief and eight Core 7 or increased ranked AVBOB Dream Staff associates, and generate at the very least R200,000 in weaker binary crew aspect quantity over a rolling 12 month interval
  • Ruby – recruit 4 Staff Chief and 6 Core 7 or increased ranked AVBOB Dream Staff associates, and generate at the very least R300,000 in weaker binary crew aspect quantity over a rolling 12 month interval
  • Sapphire – recruit six Staff Chief and 4 Core 7 or increased ranked AVBOB Dream Staff associates, and generate at the very least R450,000 in weaker binary crew aspect quantity over a rolling 12 month interval
  • Emerald – recruit eight Staff Chief and two Core 7 or increased ranked AVBOB Dream Staff associates, and generate at the very least R600,000 in weaker binary crew aspect quantity over a rolling 12 month interval
  • Diamond – recruit ten Staff Chief or increased ranked AVBOB Dream Staff associates, and generate at the very least R800,000 in weaker binary crew aspect quantity over a rolling 12 month interval
  • Double Diamond – recruit ten Bronze or increased ranked AVBOB Dream Staff associates, and generate at the very least R1,000,000 in weaker binary crew aspect quantity over a rolling 12 month interval
  • Triple Diamond – recruit ten Silver or increased ranked AVBOB Dream Staff associates, and generate at the very least R1,300,000 in weaker binary crew aspect quantity over a rolling 12 month interval
  • Crown Ambassador – recruit ten Gold or increased ranked AVBOB Dream Staff associates, and generate at the very least R1,700,000 in weaker binary crew aspect quantity over a rolling 12 month interval

“Binary quantity” is funeral coverage gross sales quantity generated by an AVBOB Dream Staff affiliate and their downline.

For a proof on the binary crew, see “residual commissions” beneath.

MLM Fee Qualification

To qualify for MLM commissions every AVBOB Dream Staff affiliate should generate at the very least one funeral coverage cost each three months.

This coverage cost will be from a personally referred retail buyer or recruited affiliate.

Referral Commissions

AVBOB Dream Staff associates earn a 20% fee on the preliminary charge charged to new personally referred coverage holders.

AVBOB Dream Staff’s advertising and marketing suggests this can be a minimal R200 fee per referred coverage holder.

Quantity Bonus

AVBOB Dream Staff associates obtain a quantity bonus in the event that they meet specified month-to-month targets:

  • generate R1000 to R1999 in month-to-month quantity and obtain a 2% bonus
  • generate R2000 to R2999 in month-to-month quantity and obtain a 4% bonus
  • generate R3000 to R3999 in month-to-month quantity and obtain a 6% bonus
  • generate R4000 to R4999 in month-to-month quantity and obtain an 8% bonus
  • generate R5000 to R5999 in month-to-month quantity and obtain a ten% bonus
  • generate R6000 to R6999 in month-to-month quantity and obtain a 12% bonus
  • generate R7000 to R7999 in month-to-month quantity and obtain a 14% bonus
  • generate R8000 to R8999 in month-to-month quantity and obtain a 16% bonus
  • generate R9000 to R9999 in month-to-month quantity and obtain an 18% bonus
  • generate R10,000 or extra in month-to-month quantity and obtain a 20% bonus

Month-to-month quantity is gross sales quantity generated by new coverage holder referrals. That is additionally the quantity the month-to-month bonus is paid out on.

Matching Bonus

AVBOB Dream Staff associates earn a Matching Bonus on the Quantity Bonus paid to personally recruited associates every month.

  • Core 3 ranked associates earn a 30% match
  • Core 7 ranked associates earn a 40% match
  • Enterprise Builder ranked associates earn a 50% match
  • Staff Chief ranked associates earn a 60% match
  • Bronze Chief ranked associates earn a 70% match
  • Silver Chief ranked associates earn an 80% match
  • Gold Chief ranked associates earn a 90% match
  • Platinum Chief and better ranked associates earn a 100% match

Residual Commissions

AVBOB Dream Staff pays residual commissions by way of a binary compensation construction.

A binary compensation construction locations an affiliate on the prime of a binary crew, break up into two sides (left and proper):

The primary stage of the binary crew homes two positions. The second stage of the binary crew is generated by splitting these first two positions into one other two positions every (4 positions).

Subsequent ranges of the binary crew are generated as required, with every new stage housing twice as many positions because the earlier stage.

Positions within the binary crew are crammed by way of direct and oblique recruitment of associates. Notice there is no such thing as a restrict to how deep a binary crew can develop.

On the finish of every pay-period AVBOB Dream Staff tallies up new gross sales quantity on either side of the binary crew.

Residual commissions are paid as a share of gross sales quantity generated on the weaker binary crew aspect.

The particular share paid out as a residual fee is decided by rank:

  • Enterprise Builder – 4%, capped at R4000 per pay-period
  • Staff Chief – 5%, capped at R8000 per pay-period
  • Bronze Chief – 6%, capped at R12,000 per pay-period
  • Silver Chief – 7%, capped at R16,000 per pay-period
  • Gold Chief – 8%, capped at R32,000 per pay-period
  • Platinum Chief – 9%, capped at R64,000 per pay-period
  • Ruby Chief – 10%, capped at R80,000 per pay-period
  • Sapphire Chief – 11%, capped at R100,000 per pay-period
  • Emerald Chief – 12%, capped at R150,000 per pay-period
  • Diamond Chief – 13%, capped at R200,000 per pay-period
  • Double Diamond Chief – 14%, capped at R300,000 per pay-period
  • Triple Diamond Chief – 15%, capped at R400,000 per pay-period
  • Crown Ambassador – 16%, capped at R500,000 per pay-period

Notice that AVBOB Dream Staff don’t specify how typically a pay-period is. That mentioned, sometimes binary pay-periods are day by day or weekly.

Pool Bonus

AVBOB Dream Staff takes 1% of company-wide income (presumably that is by way of AVBOB Dream Staff and never AVBOB itself), and locations it into the Pool Bonus.

Notice that whereas AVBOB Dream Staff pays the Pool Bonus out yearly, qualification standards will not be supplied.

Becoming a member of AVBOB Dream Staff

AVBOB Dream Staff affiliate membership is R299.

AVBOB Conclusion

AVBOB Dream Staff represents itself as being owned by AVBOB.

This can be a little unusual, as I couldn’t discover any cases of AVBOB advertising and marketing AVBOB Dream Staff. Bit odd to launch an MLM alternative and provides it no advertising and marketing.

With respect to compliance, AVBOB Dream Staff’s largest challenge is the potential for it to function as a pyramid scheme.

There aren’t any retail quantity necessities in AVBOB Dream Staff’s compensation plan. It’s totally doable to enroll as an affiliate, concentrate on recruitment of associates and receives a commission on their coverage spend.

If AVBOB Dream Staff is producing nearly all of its income by way of recruited affiliate coverage income, that’s indicative of the insurance policies not being retail viable.

This might play into AVBOB’s personal providing struggling within the retail market, which may tie into why they’ve seemingly launched an MLM alternative.

On Rameez Jakoet’s involvement, he truly reached out to BehindMLM again in September. This was nicely after Berry Buying and selling collapsed and shortly after Jakoet had joined AVBOB Dream Staff.

The knowledge in your submit is truthful nonetheless not so true. Notice that I used to be not an admin of the platform however merely a frontrunner with a crew. The submit is bringing my repute into disrepute in community advertising and marketing and the MLM business.

My assertion is with the DMCA and the picture posted of me is my copyright. Please be aware that additional motion will likely be taken if it’s not eliminated inside 72 hours.

On a brighter and lighter be aware, your posts about different platforms has helped me alot to keep away from losses within the business.

I noticed Jakoet’s e mail for what it was: an try to distance himself from recruiting folks right into a Ponzi scheme.

Hello Rameez,

1. BehindMLM doesn’t assist scammers cowl their tracks.

2. BehindMLM doesn’t declare you had been a Berry admin.

3. BehindMLM’s use of screenshots is protected below US regulation by way of Honest Use.

We gained’t be taking any motion in your request and contemplate this matter closed.

Jakoet then tried to argue that recruiting folks right into a Ponzi scheme didn’t make him a scammer, which I after all shortly shut down.

Jakoet: Under the picture of me reads that Berry scammers solicited funding on the promise of a day by day ROI

Please perceive that when folks learn this, what do you suppose they may assume?

 

BehindMLM: That you’re a Ponzi scammer, which you might be.

 

Jakoet: That’s not true. The rationale I joined the platform was on the premise of the imaginative and prescient and mission of Fertile Soil World.

 

BehindMLM: Ponzi promoter == Ponzi scammer.

Please be suggested I gained’t be responding any additional.

Jakoet’s involvement in AVBOB Dream Staff doesn’t equate to it being a rip-off in and of itself, however it may very well be a sign as as to whether AVBOB Dream Staff is working as a pyramid scheme.

The reason of this stays the identical as beforehand mentioned, no matter Jakoet’s involvement.