Frequently Asked Questions
1.When will I be paid?
When you become a member of The Crew, you put yourself in position to earn money even when you are asleep. Imagine having a credit card that fills up automatically. You will begin receiving payment when a product is launched, licensed, or sold. You will receive a prepaid credit card containing the amount of money you are entitled to quarterly or optionally direct deposited.
2. How much will I be paid?
This depends on the the pay out of the product and the number of sponsorship blocks (5,000 available) you successfully purchase and maintain as well as the amount of money the products generate over time.
3. Do you already have ideas to work on?
Yes! electronic, mechanical and software consumer products and more!
4. What product areas do you focus on?
I mainly focus on consumer products that would appeal to 10 million people or above.
5. What is the criteria for ideas that you work on?
The product must have mass appeal and fit in the $9 - $199 price range.
6. Do you use 3rd party workers to realize the ideas?
Yes, I have contact with PCB designers, Mechanical Engineers, Software Developers, Industrial designers, and many more.
7. How do you intend to get the products to market?
My course for getting products into the market is through Contract manufacturing, licensing the products to commercial manufacturers with established distribution channels, as "As Seen On TV" product launches and the internet.
8. What percentage of your earnings on developed products do your sponsors "The Crew" get?
Since we'll all be in this together, my sponsors will collectively receive 20% of my earnings on products that are patented between their begin sponsorship date and their end sponsorship date for the duration of the royalty payments received from those products. When you multiply that sum by years of a product life cycle, that has the potential to grow exponentially. The Crew gets the benefit of those particular product's earnings no matter how high it goes or how long the product life cycle lasts.
9. How do I calculate the payout amount I will receive after successful products?
You take the amount of money that 20% of my earnings equates to and divide that number by 5,000 and multiply it times the number of sponsorship blocks you purchased and maintained.
10. How many blocks are available?
There are only 5,000 Sponsorship Blocks available for Crew Members.
11. Can I choose to purchase more than one block?
Yes! Choose as many blocks as you can afford to purchase and maintain, but once all of the blocks are gone, that's it, the door will be closed.
12. Are we guaranteed to make money?
No, nothing is guaranteed. We are all taking a chance to do something bigger. Markets, patents and sells may vary but we are all optimistic and believe in what we can accomplish together.
13. What is the cut-off for payouts?
Since products have a life cycle that vary, the pay outs will continue for the life cycle of the product's patented between the crew member's "begin sponsorship date" and "end sponsorship date". At the end of the product's life cycle, payouts will cease. Note: product life cycles can be anywhere from 1 - 20 years and beyond.
14. How long do I have to provide the monthly sponsorship payment?
This is a club. The payment is considered dues. Sponsors will pay the dues until you want to get out. At which time, any products with filed patents between the sponsor's "BEGIN SPONSORING DATE" and their "END SPONSORING DATE" will be eligible for payments but any filed patents outside that date range will not.
15. How long is a product's life cycle?
Products can have life cycles as low as 1 year and as high as 20 years and beyond. So, if you're paid, for example, $30,000 per year, that could be paid out 1 year or once a year for 20 years $600,000 or more. The goal is to have the system put out far more than you put in.
16. What happens if I stop supporting you prior to any products being commercialized?
That's a tough one. First, unfortunately, you would lose your place in the The Crew with no refund. The sponsorship blocks that you were supporting will be added back to the pool of available blocks for purchase by others. You would only be eligible to receive payments from products with patent filings between your "BEGIN SPONSORING DATE" and your "END SPONSORING DATE". That would still remain in effect.
17. What happens if I stop sponsoring you after one or two products have been commercialized and are earning money?
First if you stop sponsoring, your sponsorship blocks would be returned into the pool of available blocks for purchase by others. Secondly, you would only be eligible for payments from product ideas with patent filings between your "BEGIN SPONSORING DATE" and your "END SPONSORING DATE". Any products with patent filing dates before or after that window of time would not be beneficial to you.
18. What are the things that impact launching of products?
There are several things that impact the success of products. The market size, patent-ability, distribution, manufacturing costs vs sales price, timing, and other factors. I review these items a best as possible prior to forwarding a product idea.
19. How will you keep The Crew informed of your activity?
Each sponsor will automatically be enrolled in my monthly newsletter "The Crew". The newsletter will be used to inform you of progress, notify you of patent filings, and just keep you abreast of any changes and updates. This will allow sponsors to remain informed about what is going on and the stages of projects.
20. Do you provide proof of monthly payments coming from me?
You will receive a dated email receipt from Paypal upon payment. You should save these receipts for your records and proof of payment.
21. Can I invite my friends and family to join as a member of The Crew?
Yes! You can invite and refer new members to be part of The Crew. Since, I consider The Crew to be like family, I intentionally did not submit this website into Google or other search engines. Since, there are only 5000 spots available, we are building ranks of The Crew by word of mouth. Let's keep this just between us and our friends and family. And when someone asks who we are? Tell'em
We're The Crew!