This is a post that I mostly wrote during the Arizona conference in early April. Its reporting on a presentation that Michael Hansen did:
Michael worked a Lego early on and was trained to find good ides. He bought a nightclub at 25 years old and in three years it grew into several restaurants and 2 other nightclubs. He had over 400 employees,
He told a funny story about how he first got involved with Network Marketing. He started out very skeptical. Then in three months he signed 8,000 in his downline.
He says in most Network Marketing companies after a couple of years, only 20% of your downline is active. His main goal in starting Dubli was to have an organization that has much closer to 100% active by getting customers to be active. He hasn’t come across real residual income in other Network Marketing companies. He wanted to create that with Dubli.
He began Trading Values which has now become Dublinetwork.
He showed the first tradingvalues.com video. It was in German. Subtitled in Danish. Looked good. As he started that site, he had many delays with programing. It was the worst time of his life.
He talked to the royalty in the Middle East. He went all over the world advertising it. He opened all over the world to great fanfare. He opened Dubli in China. In the first three weeks of opening he got 40,000 downloads of the software. <!– @page { margin: 0.79in } P { margin-bottom: 0.08in } –>
But then, it went bad. The software didn’t work. He was told it would have to be entirely re-written.
He started again in 2006 after buying some already written programming for shopping portals in the US. In a few short months he had over 1 million products on the shopping portal when only located in Germany. It was a huge success.
In 2007 he started Smartwin which is Unique Bid today. This was also a huge success. Then, the shopping portal began to go down hill because it was found that the people that were listing fake products. Buyers were stating to get very mad. At the same time, e-bay lost a lawsuit for $50 million. Michael began to get very nervous over the shopping portal portion of his business.
So, now, in the US, using all of the information that he’s gathered, he has launched a website where the company is in control of all products. When he opens the shopping portal, it will be with certified partners. Its been a bumpy road, but its a very strong foundation now.