Monitium Review, Part 1: The Rod Cook Factor
THE ROD COOK FACTOR Head of Monitium Compliance
Re-posted from Monitium Review, Part 1: The Rod Cook Factor
BIO: As the MLM WATCHDOG(tm) Rod and his staff of 600 field reporters handle up to a 1000 questions or complaints a month about MLM. Each year 100′s of MLM Companies, Party Plans, and Multi-Affiliate Programs are surveyed. Failing MLM pay plans are tracked (along with good ones). Illegal activity is analyzed. Rod stores knowledge gained every day in his MLM WatchDog database. Knowledge is your key to predicting the future. Rod is considered the ultimate MLM “Marketing” and MLM Consulting inside knowledge information source. ref
It is clear that Len Clements’ approach in his Review on Monitium was to use Rod Cook (pictured above) to demonstrate mutual agreement that umbrella companies such as Monitium will never work long term. However, it would be difficult to reconcile an ideological agreement with Rod Cook that Monitium could never work knowing that Rod is not only a “consultant”, but also an active participant in a core role of Monitium’s company plan as final arbiter as described in the Strategic Alliance Agreement. After all, as Rod Cook was so negative on the umbrella company concept, it says something for him to be now so involved in this particular umbrella company.
Len argues that because previous attempts at the umbrella company concept failed, all others will also fail, and that Rod Cook agrees with him. Yet, as is now clear, Rod Cook is involved intimately with Monitium. Without that point being made, it would be difficult to suspect that he changed his mind about the long-term success of Monitium as distinct form previous attempts at the umbrella company concept.
It is to Len’s credit that he responds in a follow-up and concedes this point:
Rod believes that Monitium has been designed in a significantly different way than all previous portfolio programs that he has criticized. That is, those flaws he identified do not apply to Monitium, or perhaps they do but some other new aspect of Monitium is beneficial enough to overcome them. Dialogue with Len Clements On His Monitium Review, Part 1 (of 3)
Comment by Rod Cook:
Great Write up on Monitium and Ken and the revolutionary concept and system Monitium Scam? Top Review
Rod has proven to be no shrinking violet in warning even close friends on the perils of starting an umbrella company, yet with Monitium, he plays a constructive role in its operations. Monitium itself must abide by Rod’s decisions with regard to compliance. The relevant extract from the Agreement:
If Company believes Monitium’s position on level of discipline is unreasonable, Company may request a 3rd party review by Industry Expert Rod Cook (MLM WatchDog Editor). If said review is requested of Rod Cook, Company and Monitium mutually agree to abide by his final decision.
Clarifying the end game of the termination process as being the sole responsibility of Rod Cook is an important consideration as it shows the process for what it is: not a confrontation between Monitium and a partner company, but a process of conciliation arbitrated by a mutually acceptable third party.
The next installment of this series will be on the value of the industry-first STRATEGIC ALLIANCE AGREEMENT.
Filed under: Monitium News
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