What would you change to make it better and why?

What would you add that currently doesn't excist in the ASM Business Model?

What would you take out that ASM currently uses and why?



I really appricate your input!

First i would make all members pay me a fee to join because I need money. 2. I would publicize it more because well.....its really not well known at alllll

Well, one thing I would take away is the Multi-level referral commissions. One referral level may be ok (that could be a different discussion altogether), but the multi-level almost lends itself to be considered a MLM or ponzi or pyramid....although I don't think ASM intends itself to be one, it gives that as an impression....especially since it don't work...lol

Well I don't think I would take anything out, maybe take ASMA1 off the market. But there are things I would fix and add!

1. Fix the affilate program - To me having a affilate program that doesnt work is nonsense. Most there new customers come from the userbase allready at ASM. I should have 4 subaffilates for 6+ months now but I don't. So I stopped recruiting. Its pointless to recruit when the program dont work.

2. Faster Payouts when making withdraw... Right now they process the withdraws on fridays at 5:00pm and then dont send them out till the next wednesday. So if you were to make a withdraw on friday night at 9:00pm you would have to wait until the friday after, and if you have margin bonus you cant go under your margin until the next friday. Then they send out your payment on wednseday.

3. I would clarify and fix the rules to a T... right now the rules are simply iffy because theres a lot of lee way in them and the way there stated.

4. I would fix the systems so accidental self buys and accidental illegal orders can't happen. Accidents happen and to get finned for it is silly. Fix the system so these things CANt occur period!

5. Get all credit cards accepted. I mean you can even use credit cards at illegal online casinos but not on ASM? Bogus IMO!!!

6. I would have a set percentage of money taking in from IPO go into the dividend reserve. 50% is fair IMO.

I may add more things but off the top of my head these are some things I would deffinitly have on TOP of my priority list!

Shawn

I see some great ideas and thoughts in here.

Lemme toss some more ideas out to get those brain cells a stiring...

Plundering and Payouts?

Depositing Methods?

Withdrawing Methods?

IPO Schedules?

Quarterly Payouts?

MO and Baronships?

and on and on. Just tossing out some things to get those brains going. Once I see some more thoughts, I will post mine Love to compare back and forth

Plundering and Payouts?
I think there has been some great discussion on this in the forums. I believe user razor has come up with a good format for how this may better benefit.

I think that ultimately dividend reserves/market cap and team performance will ultimately drive prices and getting those dividend reserves to build properly is the first step. I also think that ASM has already recognized this and are in the process of adjusting, as the last 4 soccer releases have switched to 5% dividend payout structure.

I would also eliminate the quarterly payouts and instead have some sort of field plundering system that rewards teams after the season is over (but before the playoffs) also mentioned by another trader on ASM forums (mizuh maybe?).

If this is combined with the lower payout structure the playoff teams would carry some decent dividend reserves into the playoffs and consequently have a good starting point/reward for this season by carrying remaining reserves forward to the following season.


Depositing Methods?
This is much simpler, they need Visa/MC to be available to deposit period! PayPal is not going to happen, nor do i think it should.

Withdrawing Methods?
Quicker and more convenient methods are necessary. I do believe this is a goal of ASM already though as the credit cards for depositing are.

IPO Schedules?
I do not have a problem with how this works other than I think the 25 vote rule should be revamped. I think a poll on the front page would be better, and a time period installed for voting. Majority Yes/No passes for that vote and a 6 month waiting period placed before that team may be brought up again.

Quarterly Payouts?
Didnt see this one when I was rambling about plundering/payouts. See above.

MO and Baronships?
I think this was a good idea in the beginning, but seeing where what the goals of the company are, this may need to be revamped/squashed. Certain rights can be worked in that doesnt lead to the SPO shares being given to the majority owner.

Split levels
Maybe this number needs to be brought down from $25 to possibly $15-$20 range. There are a lot of complaints from people that there are not enough shares. I do not want to get into that ridiculous discussion again, but a lower split level would help I think.



To all the people that keep harping on ASM advertising and increasing the advertising budget etc.... There are many areas that need to be worked out and in perfect order before any advertising campaign is started. Why would they advertise if they cant even accept credit cards. Why would they advertise and have a flood of new traders come in and spend 5 minutes in the forums over there only to run away forever. I would like the format decided on and finalized, the credit card issue, I guess the sub-affiliate problem (which I think just needs to go away frankly) and a few other things ironed out. Not corrected, but set in stone. Get things set in stone first before a mass advertising campaign is launched. I mean Chris has 100 genmiuses that keep telling him how to run this thing and some of them are worthwhile (we will have a switch in payouts again I almost guarantee it) and you do not want to be in a position where things keep changing. get them set in stone, we are ultimately the BETA testers for this and when they all come in, we will all benefit from getting in early and suffering through the minor problems that currently exist. Be patient, you like this concept and its not made to hand out $100 bills at the door, and we are lucky enough that legimate reasons for change ae considered.

Good call. I kinda thought we were like the beta testers and was hoping that they were still working on ASM. There are some things i dont like....and it doesnt seem that there are enough shares. Well not enough buying them anyway. I cant wait till this thing gets huge. By then it will be like Forex/real stock market. Only we will be wall street cuz we been around forever

Just a reminder, this is a fun happy place. No negativity or fights. I don't want people to point out how others are wrong. This is an ideas thread. Not what it wrong with others ideas thread

Keep em coming folks

I would have a team of sports direction or something, that follows 24/7 everything that goes on that is covered at ASM.

- You cannot payout the wrong team
- You cannot IPO shares of tennis players already retired
- You have to be on top of things as far as relegated teams goes

A better payout % needs to be applied almost everywhere.

the 5% payout worked well for NCAA baseball and can be projected for schedules of 40-60 games

25% is probably too much for the majority of soccer leagues, field sports and football, something around 15% might work better.

I most definitely agree that payout percentages should be lower.

I think college baseball may be a tad on the high side considering that $40,000 was pumped in unreleased teams and it was a new league meaning that all teams started with a decent dividend reserve and the unforseen sucess spurned more trading that a normal league. Although i think it would be better if slightly lower, this league is atleast working right now and wouldnt be disappointed if they left as is. I have explained to some of you on my mailing list why I think next season will be just as good as this one in college baseball so I wont repeat everything here.

I also think that ASM is heading in this direction. I think they are going to reevaluate later this year. Even the last 4 soccer leagues have come out at 5% dividend transfer rates which is a good sign.