Numis review

A Numis Network
Review From
Someone Who
Thought He’d
NEVER Join…
By David Wood

A Numis Network Review From Someone Who Thought He’d NEVER Join…
By David Wood
I’ve been hesitating to write this review
for the last week, because of the
controversy and pain of dealing with all
of the comments that reviews of this
nature create

By David Wood
However, because of certain things that I
said over the last couple of months, I find
that it would be useful to bring out in the
open

By David Wood
A discussion of ‘The Numis Network‘
from the perspective of someone who
not only thought he’d never join, but was
an open, public critic of the company.

By David Wood
The Numis Network Is An Interesting
Animal

By David Wood
It’s actually funny to watch the
emotional, knee jerk reactions that both
myself, and hundreds of other people
have had to this company.

By David Wood
Numis seems to spark more
controversy, critics, and on the flip side –
fanatical promoters, than any MLM
company that has emerged either on or
off the internet for the last 20 or 30
years.

By David Wood
In fact, when I first became aware of the
company, I thought it was the stupidest
thing that I had ever seen.

By David Wood
I wrote a review bashing it, told people
not to join it, told people I didn’t think it
would last, and here’s the funny thing…

By David Wood
…I gave people a million and one reasons
why they shouldn’t buy numismatic coins
– as if I knew something about the
industry and was some kind of coin
expert.

By David Wood
Sound familiar?

By David Wood
Sometimes the responsibility of a leader
in this industry, and also a leader in life
is to be willing to step down and admit
that he is wrong.

By David Wood
The fact is, as a leader in this industry, I
should have never, ever criticized a
company that I knew so little about.

By David Wood
However, I wanted to take some time to
address some of the specific criticism
that I brought out, AND that has been
raised by others.

By David Wood
“So Why The Heck Does Numis Attract
So Much Criticism?”

By David Wood
The first thing that I would like to address
is why The Numis Network creates such
dramatic criticism in the first place,
something that if you’ve found your way
to this review, you’ve probably noticed.

By David Wood
In fact, never in the last seven years in
this industry have I ever seen a company
that creates such massive controversy.

By David Wood
I recently found out that hundreds of
industry leaders privately thought that
my last
company, iLearningGlobal, wouldn’t last –
but for some reason no one criticized
it, ever.

By David Wood
In fact, not only did they not criticize it,
there was no information on the
internet, anywhere, from anyone who
wasn’t a distributor.

By David Wood
The reality is – people criticize what they
don’t understand and they are afraid
of. Why would someone be afraid of
Numis?

By David Wood
Because it’s growing so fast that people
from all kinds of Network Marketing
companies are both joining, and taking
their downline with them.

By David Wood
When I was in iLearningGlobal, I got 5-10
phone calls a day for a month straight
asking my opinion on The Numis
Network, and I had someone quitting my
business and joining it at least every 3
days.

By David Wood
I promise you, the reason people who
know absolutely nothing about the
company (which is most of them) are
simply afraid that their downline is going
to leave, is for good reasons.

By David Wood
I wanted to take a second to
publicly apologize for being
an ‘ignorant‘ scaredy cat.

By David Wood
“What About The Coins?
Aren’t They A Rip-Off?”

By David Wood
One of the funniest things about network
marketers who take a look at Numis is
the questions that they ask that they
never bring up about any other company
in the industry.

By David Wood
For example, I was talking to a distributor
in a juice company last week who said ‘I
would never buy over-priced coins‘.

By David Wood
At the same time they were both selling
and buying a couple hundred dollars
worth of juice per month – amounting to
a grand total of about two gallons of
product.

By David Wood
Now, I would never criticize a juice
company, and I buy some of those
products myself – but does that even
make sense as a distributor in this
industry?

By David Wood
From a consumer perspective, it’s a valid
question – but if you’re in network
marketing, don’t be crazy. In my last
company, I was marketing a personal
development service that cost $179 per
month where you could get almost all of the
information on YouTube for free.

By David Wood
Hundreds of new people were
subscribing on a monthly basis who felt
that it was worth it.

By David Wood
When I was in my last company, I was
spending $250 per month on an auto-
ship for about the same amount of
vitamins that I could get at my local
health food store for $50.

By David Wood
Now, they may have been BETTER
vitamins – but let’s stop being
hypocrites, ok?

By David Wood
The amount of people on the internet
that have never made a dime in network
marketing that all of the sudden claim to
be ‘coin’ experts is astounding.

By David Wood
Did you know that no-one ever made a
statue to celebrate the accomplishments
of someone who wasted their day
criticizing things they don’t understand?

By David Wood
So what about the actual value of the
product? The ‘value’ of a product is what
someone is willing on a large scale to pay
for it – it’s a simple phenomenon
of supply and demand.

By David Wood
The reality that I didn’t want to admit
when I took a look at the company –
because I was never a coin collector – is
that the Numismatic product niche is a
$100 billion worldwide market.

By David Wood
One of our partners, Mike
Mezack, PERSONALLY does more than
$100 million in sales for this exact
product annually – and there are
hundreds of thousands of people who
are more than happy to pay for it.

By David Wood
There was a guy in my old team (no-
mentioning names here, because he’s a
cool guy) who went off on me about how
it’s ‘unethical‘ to sell numismatic coins
and he could never do it because of his
fantastic ‘ethics‘.

By David Wood
Well, it just so happens that this guy has
also never made more than maybe $100
a month in network marketing

By David Wood
In five months sponsored a grand total of
one distributor, and every single other
person that he had in his team – I
personally put there, for a grand total of
about 15 people.

By David Wood
Now, I LIKE this guy – he’s cool, and I do
believe he can and will succeed in this
industry (or I wouldn’t have put people in
his team), but don’t give me bull-crap.

By David Wood
“Is Numis An Investment?
David X Seems To Say That Numis Reps Are ‘Claiming’
It’s an investment.”

By David Wood
One of my biggest hang ups when I first
looked at The Numis Network was that I
just couldn’t figure out why someone
would pay $99 for a coin that had around
$18 of silver in it.

By David Wood
I was looking at it through the eyes of a
precious metal investor – and the fact is,
that I had never even watched an entire
business presentation from the company
and I had no idea what the word
‘numismatic’ meant.

By David Wood
Funny enough, when I finally did, I
noticed that not just once, but at least
three times throughout the course of the
presentation, that not only did the rep
specifically mention that Numis is NOT an
investment….

By David Wood
but that there was a whole five minute
section of the presentation dedicated to
explaining the exact difference between
an ‘investment’ and a ‘collectible’.

By David Wood
Because we can legally make a statement
‘historically, the value of these coins has
increased’ DOES NOT mean we are even
remotely claiming that it is some kind of
investment – so stop being an idiot.

By David Wood
David X is known now in our inner circle
as ‘The Coin Messiah’ or ‘TCM’ because
of his desire to ‘save everyone‘ from
buying numismatics.
(As a side note – I like David, and I don’t think he’s
intentionally being ignorant – I think he’s just spoken out and
now maybe his pride is in the way).

By David Wood
See, once I actually saw the
presentation, I got it right away –
because I’ve been collecting things my
whole life.

By David Wood
When I was about 8 years old, I started
collecting comic books, and today that
collection is probably worth $20-$30
thousand dollars.

By David Wood
If I told you ‘historically, comic books
have gone up in value…’ would you think
that I was an investment advisor?
No!

By David Wood
So stop trying to pretend that Numis reps
are proposing investments, when on
every page of our websites (and for five
minutes in the presentation) we explain
the exact difference between
investments and collectibles.

By David Wood
Collectibles DO go up in value, it might
not be in 5 years, 10, or even 15, but my
dad had a mint condition copy of
Spiderman #1.

By David Wood
That book is now worth
over $4,500 because
over time, collectibles
get more rare.

By David Wood
Do you see how silly the whole
‘investment’ objection is?

By David Wood
It doesn’t even remotely make sense
unless you’re trying to say that the
company does the EXACT OPPOSITE of
what is right on the front of their
websites.

By David Wood
“Hasn’t This Been Tried Before?
I Knew A Guy Who’s Best Friends Dad
Lost His Shirt In A Coin Deal”

By David Wood
No. In fact, when I looked into the
company – I thought that it had because
I’ve seen ‘Gold and Silver’ deals go under
before.

By David Wood
The critical difference is that those
companies were dealing in an entirely
different product niche.

By David Wood
They were marketing ungraded bullion
coins for an unwarranted mark-up in
price.

By David Wood
In fact, I’ve sponsored several people into
Numis that were in ‘Gold Unlimited’ in
the 90′s, and from what I understand,
what we do couldn’t be further from
what has happened in the past.

By David Wood
The Numis Network markets Gold and
Silver NUMISMATIC coins graded by the
three most respected grading agencies in
the world.

By David Wood
We market a LEGITIMATE product that
people are already spending money on,
at competitive market prices.

By David Wood
Which is not just different from what you
have seen, it is an entirely different kind
of industry from anything that has hit the
Network Marketing model in the last
120+ years of this industry.

By David Wood
We are a ‘first mover’.

By David Wood
“Isn’t The ‘Executive Kit’ Just An Excuse
To Pass Money Around?”

By David Wood
One of the things that I criticized about
the Numis Network when I first looked at
it was that it seemed that 90% of the
income came from something called a
‘coded’ bonus.

By David Wood
Well, the coded bonus is created from
the sale of ‘The Executive Kit’ when
you’re enrolling a distributor for $495
and they purchase the ‘Fast Track
Collectors Kit’.

By David Wood
Len Clements (a well known network
marketing analyst) said that the value of
the actual sign up is questionable, and
that it could be viewed as something that
just exists for the sake of compensation.

By David Wood
That would be valid if there wasn’t
actual, tangible value in the enrollment
kit.

By David Wood
As a distributor who has purchased the
kit – I can tell you nothing could be
further from reality. Let me just give you
a couple of examples.

By David Wood
In my last company, iLearningGlobal, I
had to manually enter all of my
distributor’s information into a contact
management system just to be able to
email my downline and keep them in the
loop of what we’re doing as a team.

By David Wood
A chore that took at a minimum 2, and
usually 5 hours a week and cost me an
extra $50 per month – or $600 per year.

By David Wood
Just ONE of the things that is included in
that $495 signup is a BBS system that I
would have gladly paid $495 for by itself
just to save the time, not to mention the
actual savings from the system itself as
the team expands.

By David Wood
I also had to completely design a sales
funnel from the ground up in that
company, where in Numis, they have a
pre-designed custom internet marketing
sales funnel that’s included.

By David Wood
IN ADDITION, the most professional
customer website I’ve ever had.

By David Wood
A website that I have ACTUALLY had
customers just go to and buy product
because that Mike Mezack guy is so good
at selling

By David Wood
In fact, as a distributor, I’d have to say
that the $495 distributor enrollment is
going to save me $5,000 a year in
pointless fees and systems that I would
have to pay for elsewhere, but don’t
need at all as a Numis rep.

By David Wood
PLUS, you get a perfect Mint State 70
Silver American Eagle (retail value of
$125) with the $495 distributor kit

By David Wood
When I was in a vitamin company, I had
to pay $1,000 for the vitamins when I
joined and order another $500 in sales
tools – and I GLADLY paid.

By David Wood
It made me money, I just don’t need any
of that ‘extra’ stuff here – because it’s
included.

By David Wood
If you buy a Subway franchise, it costs
over $20,000. PLUS you’ve got to pay
overrides every month to the Subway
corporation, rent space, and pay for
employees – now THAT’S passing money
around.

By David Wood
The ‘Numis Doesn’t Have Residual
Income‘ Myth

By David Wood
When I first saw Numis, I called an
industry leader (who shall remain
anonymous), and asked him what he
thought, and he said something that I
thought was fascinating.

By David Wood
He said ‘In my opinion, you can’t mark up
a fixed priced product enough to pay a
downline’.

By David Wood
Well, when I first wrote a review on
Numis, I mentioned how the residual
income is crappy because they are only
paying out about 30% of the ACTUAL
MONEY SPENT on the flagship product –
the MS70 Silver American Eagle.

By David Wood
Well, I was right about the 30% part
(they pay 50% of BV, and there is 60 BV
points from one MS70 Silver Coin that
costs $99).

By David Wood
You see, I was comparing the payout of
Numis to the payout of juice
companies, vitamin companies, and my
company, which range from 40%-60%.

By David Wood
I pointed out how, magnified over a team
of thousands of people, 30% seemed like
a lot less money.

By David Wood
Well, if retention rates were all the same,
that would be completely true, and if
Numis didn’t have a coded bonus (more
on that in a bit), you would need quite a
lot of people to make a significant
monthly income.

By David Wood
What I wasn’t admitting, however, is the
whole myth of residual income in most
companies isn’t really true, anyways.

By David Wood
For example, in my last company, I was
told we had a company wide retention
rate of 93%, which if it had been 100%
accurate, the residuals from that product
would have been absolutely astounding.

By David Wood
What I wasn’t aware of, though, that I
found out when the company closed
down, is that we ACTUALLY had a
93% monthly retention rate (big
difference)

By David Wood
In the Network Marketing industry, 93%
monthly retention is actually pretty
good. (Now to be fair on myself, I think I
had a bit better retention than
average, but still…)

By David Wood
I built a team of around 1000 people in a
well known vitamin company, years ago,
and today I still have that business. THE
ONLY people that are still on an autoship
are people that had life changing product
experiences.

By David Wood
All of the ‘I take vitamins, and feel great’
people have canceled their product
orders, one by one and now there is
a grand total of MAYBE 30-40 people who
got ‘cured’ of something for taking them
(don’t tell the FDA).

By David Wood
I talked to Ray Higdon, one of the
founding distributors here at The Numis
Network, and he has had right around a
94% total persistency for 8 months in his
business.

By David Wood
That’s A LOT better than a 93% MONTHLY
retention, and a LOT better than you’ll
get in any vitamin company in the world.

By David Wood
Sometimes, LESS is more – as is the case
with this. Why aren’t people canceling
their autoship?

By David Wood
I guess there’s something that’s cool and
attractive about getting pure, Mint
Condition Gold and Silver coins in the
mail every month

By David Wood
People don’t feel like they’re spending
money, they feel like they’re purchasing a
valuable collection of assets – BIG
DIFFERENCE

By David Wood
Here’s the COOL thing…
Residuals are just an ‘EXTRA’ bonus in
The Numis Network…

By David Wood
So people are keeping their auto-ship,
because getting Gold and Silver in the
mail is ‘cool‘ For whatever reason, it’s still
happening, which is getting me pumped
just thinking about it.

By David Wood
Here’s the best part about Numis…
…residuals are just ‘extra’ here.

By David Wood
You see, in most actual MLM
companies, there are no residuals –
incomes are formed and maintained by
systems that keep people flowing in to
the company faster than they leave.

By David Wood
That’s not residual income, it’s
‘promotional’ income. REAL residuals in
most companies are actually quite small
(with a few big exceptions), because
people don’t like being on auto-ships

By David Wood
So when they decide not to build a
downline, they cancel their product
order, which happens about 85% of the
time within 12 months.

By David Wood
Well, in The Numis Network – people
LIKE their autoship.

By David Wood
They’re building value every month, but
aside from that, it’s totally irrelevant in
my opinion. Because the ‘Coded’ bonus
pays so much danged money out if you’re
growing at all, the residuals are just a
nice, extra bonus.

By David Wood
Let’s face it, residuals take forever to
build. I want to make money now, don’t
you?

By David Wood
If you’re critical of the coded bonus, I
understand. I didn’t understand it either
when I looked at it, and I didn’t know my
history.

By David Wood
The coded bonus was innovated by a
company called Excel
Telecommunications in the 90′s, which
was the fastest growing MLM company in
the history of America, hitting $1 billion
in sales four times faster than Microsoft.

By David Wood
The top earner in Excel earned $1.7
million per month for 18 months
straight, 95% of which came from a
‘coded bonus’ written almost ‘exactly’
like the bonus in Numis.
(We’ve made some improvements, and we have residuals, too – which Excel
just didn’t have…)

By David Wood
I can’t say exactly how much I made my
first week in business, but I’ll tell you
this…

By David Wood
That ‘coded’ bonus made me more
money in my first 14 days than I ever
made in a month in my last MLM
company after SIX MONTHS of
aggressively building.

By David Wood
It’s VERY, VERY cool – and we pay
it weekly.

By David Wood
With Numis, people have the ability to
generate commissions quickly, because
let’s face it – we’re in this industry to
create wealth…
…or are you just here to ‘piddle around‘?

By David Wood
My Final Thoughts

By David Wood
The reality is, even thought people aren’t
willing to admit the simple truth

By David Wood
The Numis Network is growing
like a wild, uncontrollable fire.

By David Wood
In this, or any other profit driven
industry, you can either get involved with an
idea that is moving on it’s own, or you can do
what I tried to do in my last venture – which
is to FORCE an idea that nobody gets into the
minds of the mass populace.

By David Wood
That’s hard – and it doesn’t work for the
average person.

By David Wood
The Numis Network is hot. It’s
moving. It’s easy for the average person
to explain – COMMISSIONS can be
generated quickly if you’re producing,
and let’s face it…

By David Wood
…getting Gold and Silver in the mail every
month is just cool. It’s almost like we
have an extra paycheck once per month…

By David Wood
We get paid weekly through all of our
ways of earning – and monthly on an
autoship of Gold and Silver.

By David Wood
As my good friend, Larry Beacham, a GREAT
Network Marketing leader says:
“Everyone sells something – why not sell
money?
Everyone collects something – why not
collect money?”

By David Wood
I believe that The Numis Network is MY
FIRST legitimate chance to build a team
of 100,000 distributors in the network
marketing industry!

By David Wood
It’s the only thing that I’ve ever been a
part of that ACTUALLY duplicates, and I’m
just flat excited. My PRODUCT is
money – and I’m proud of it.

By David Wood
If you’re on the fence, get back to the
person who invited you to view this
article, and find out how you can lock in a
spot.

By David Wood
Timing in this, and in life, is critical.
I’ll look forward to working with you.

By David Wood
In Prosperity,
David Wood
For more information, check out
http://workwithdavidwood.com/numis-network-review-mlm-network-marketing/

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