Frequently Asked Questions
The answers to any of the questions you may have about our program
What is Voltage Partners?
Voltage Partners is a market research company that identifies opportunities to develop technology-based solutions in a broad range of markets.
What is a Voltage Idea Partner?
Voltage Idea Partner (or VIPs) are independent contractors who use the Voltage Partners proprietary Ideation process to identify ideas and opportunities for technology-based solutions.
What is the Ideation process?
With a focus on innovation and process improvement, the Ideation process is an interviewing method designed to help everyday people around the world define pain points, problems, and challenges. From this process, potential opportunities are identified to develop e-commerce, SaaS, and mobile app solutions—the basis for building profitable niche software companies.
What is market research?
Market research is generally defined as an organized effort to gather information about one or more customers or target markets. The term market research is often confused or interchanged with the term marketing research. To be clear, marketing research is concerned with marketing processes, while market research—the core service performed by Voltage Partners—is concerned specifically with researching markets. The Voltage Partners Ideation interview process is the method that Voltage Idea Partners used to perform market research.
Why Become a Voltage Idea Partner?
People may choose to become a Voltage Idea Partner for a number of reasons, but just about everyone who becomes a Voltage Idea Partner recognizes that the Voltage Partners business opportunity presents a virtually risk-free way to get involved with one of the world's fastest growing industries—software and mobile apps. But more than that, they recognize that Voltage Partners presents a viable way to develop a niche software company without any capital investment, even if they have no business or software development experience!
What is the Voltage Partners Compensation Plan?
The Voltage Partners Compensation Plan offers Voltage Idea Partners two ways to earn income—an individual income plan and a team income plan. Both plans provide a number of income opportunities for active and qualified Voltage Idea Partners.
Individual Income Opportunities
When a Voltage Idea Partner submits an idea that results in a solution being developed and sold in the marketplace, the Voltage Idea Partner who submitted the idea will usually earn 50% of the net operating income of that idea. Retail earnings are not based on rank or title and are earned in addition to income earned from building your own Ideation team. Critics of the network marketing industry routinely focus on the fact that most opportunities fail to provide a realistic way for participants to earn meaningful retail income. For example, companies that sell pills, potions, or lotions often require an inordinate number of retail sales to earn a significant commission—certainly more than most people can achieve in a part-time capacity. We agree. Voltage Partners is different. With Voltage Partners, every Voltage Idea Partner has the same opportunity to earn retail income from the sales of successful e-commerce, software, and mobile app solutions.
Market Validation Income
Active Professional and Premium Voltage Idea Partners will have an opportunity to earn additional retail commission income (i.e., sales commissions) helping Voltage Partners validate ideas and potential solutions. When it is determined that a proposed solution needs additional market validation, Voltage Idea Partners can help pre-sell the proposed solution.
Contrary to what some people may believe, preselling proposed solutions in the marketplace is not crowdfunding—it is a retail sale activity. In short, pre-sales are not investments in the proposed solutions which, by most definitions in the United States and many countries around the world, would be considered a security (i.e., an investment). Pre-sales, if and when they occur, are simply end users paying in advance for a service. In fact, if a proposed solution is pre-sold but does not meet the pre-sale requirements or is not built for any other reason, the money is returned because the solution did not provide the service that was pre-sold.
Active Professional and Premium Voltage Idea Partners will have an opportunity to earn affiliate income generated from the retail sales of solutions and apps via their MyVIPideas.com storefront, as well as other authorized sales channels.
Global Development Pool Income
Voltage Partners recognizes that the strength of the Voltage Idea Partner network is enhanced by the collective efforts of every Voltage Idea Partner, which includes Voltage Idea Partners who have not submitted an idea that resulted in a completed application. Therefore, when a completed application is successful and profitable, Voltage Partners (at its sole discretion) will set aside a portion of its retail earnings (not the individual Voltage Idea Partner's earnings) in a pool, which will be distributed pro rata to every Voltage Idea Partner as an additional retail sales commission bonus. Of course, if there are no completed applications or if completed applications are not profitable, then the company would not be able to set aside any of its retail income for such distribution. The Global Development Pool, which recognizes all Idea Partners on a global basis, is an exciting way to reward the entire Idea Partner team. The Global Development Pool is available to Professional and Premium Voltage Idea Partners.
Team Income Opportunities
Active and qualified Professional and Premium Voltage Idea Partners who choose to build an Ideation team can potentially earn additional income from several Organizational Income Plan opportunities, which include Ideation Development Commissions (i.e., fast-start bonuses), weekly Binary Commissions, weekly Check-Match Bonuses, as well as other bonuses and awards. For more information, please see the "Compensation Plan Overview."
How is Voltage Partners different than other network marketing companies?
Voltage Partners is a service-based, for-profit corporation. In that regard, it is not different than other service-based businesses (e.g., other corporations, limited liability companies, partnerships, etc.). While service-based companies are not the norm in the network marketing world, there are many service-based companies that have elected to use a network distribution model for their sales and marketing activities. Network marketing distribution models can be found in a variety of industries (e.g., financial services, legal services, advisory services, etc.). In such companies the independent contractors, who are often called associates or distributors, are generally compensated for selling tangible goods (e.g., pills, potions, lotions, etc.) or providing a service (e.g., legal services, financial services, etc.). Here, Idea Partners are not compensated for selling goods or providing services, they are compensated for performing a service.
Insurance Provider (using the network marketing model)
The independent contractor provides a service to the customer/user by selling the insurance products.
Voltage Partners (using the network marketing model)
The independent contractor (VIP) performs a valuable service (Ideation Interview) for Voltage Partners and is compensated for the service.
In this regard, relative to other service-based companies, regardless of whether a conventional distribution model or network distribution model is employed, Voltage Partners is unique—it is one-of-a-kind.
While critics of the network marketing industry immediately assume or blatantly state that network marketers cannot be compensated for performing a service, they are incorrect. In fact, the Internal Revenue Service (IRS), which refers to network marketing independent contractors as direct sellers, specifically recognizes direct sellers as one of three classes of statutory nonemployees. In its publication, 15-A Employer's Supplemental Tax Guide, for use in 2016 (dated December 23, 2015), the IRS states:
Direct sellers will be treated as self-employed for all federal tax purposes, including income and employment taxes, if:  substantially all payments for their services as direct sellers are directly related to sales or other output, rather than to the number of hours worked, and  their services are performed under a written contract providing that they won't be treated as employees for federal tax purposes. (Emphasis added.)
In the Voltage Partners model, the "other output" as defined by the IRS, is the Ideation interview conducted by the Idea Partner. As a market research company, the reach and quality of the data and information gleaned from personal interviews far exceeds the data and information obtained from conventional advertising and data collection methods, making the network marketing method superior.
What is a Network Marketing Company?
Network Marketing companies, often referred to as MLM (multi-level marketing), direct sales, direct selling, network marketing, or referral marketing companies, are simply companies (e.g., corporations, limited liability companies, etc.) that have elected to employ a marketing strategy that primarily relies on an independent sales force (i.e., a network) to promote, sell, or provide a company's goods and services. Companies that employ network marketing strategies typically compensate their sales force (i.e., their participants, sometimes called distributors or members—referred to as direct sellers by the Internal Revenue Service) for the sale of goods and services. Direct sellers can also be compensated for the sale of goods and services by other salespeople who they recruit, and salespeople who they recruit, and so on (i.e., their downline, etc.), hence the term multi-level. Companies that use network marketing strategies generally have or authorize multiple levels of salespeople (often three to nine levels deep) and, subsequently, multiple levels of compensation.
Two well-known product-based companies that have successfully used (and continue to use) a network marketing strategy include Amway and Mary Kay. Moreover, as of January, 2016, 17 publically traded companies successfully employ a network marketing strategy; including Avon (NYSE: AVP), Tupperware (NASDAQ: TUP), and the service-based company Primerica, Inc. (NYSE: PRI). And, while many legitimate companies employ a network marketing strategy, from time to time unscrupulous proprietors knowingly (and some misinformed proprietors unknowingly) label their marketing plan a network marketing strategy when, in reality, their marketing strategy constitutes an illegal pyramid scheme.
Is Voltage Partners a pyramid (or a pyramid scheme)?
No, Voltage Partners is not a pyramid scheme.
Pyramid schemes, which are illegal in the United States and most countries around the world, are the antithesis of legitimate network marketing strategies. A pyramid scheme is essentially a business model that recruits or incentivizes its members via a promise of payments or rewards (usually monetary) simply for enrolling others into the scheme, rather than actually paying participants for 1) the sale of goods, or 2) the provision of services. With pyramid schemes, as recruiting multiplies, the scheme (at some point) become impossible to sustain and most members, especially later members, are generally unable to profit. Pyramid schemes have been around for more than a century. They are known by a variety of names including chain letters, gifting clubs (e.g., the Airplane Game, the Dinner Party, or Treasure Traders). The most well-known name for such schemes is Ponzi or Ponzi scheme.
The most notable recent example of a Ponzi scheme, which happens to be the largest private Ponzi scheme in history, is the U.S.-based Madoff investment scandal of 2008. Former NASDAQ Chairman Bernard (Bernie) Madoff used his Wall Street firm Bernard L. Madoff Securities, LLC (which he founded in 1960) to defraud approximately 4,800 clients out of $64.8 billion. Madoff ultimately admitted that he hadn't invested any of his clients' money since the inception of his scheme in the 1990s. Madoff stated that he merely deposited his clients' money into his business account and, when clients requested withdrawals, he paid them from his business account, claiming that the profits were the result of his own unique investment strategy. While the Madoff scandal highlights a multi-billion dollar scheme, illegal pyramids and Ponzi schemes often bring unwarranted criticism and false labels to companies that use legitimate network marketing strategies.
Learn more about illegal pyramid schemes at the following links on the United States Federal Trade Commission website: https://www.ftc.gov/public-statements/1998/05/pyramid-schemes and https://www.consumer.ftc.gov/blog/telltale-signs-pyramid-scheme.
What should I do if my GPG Account gets locked for 24 hours.
You should send an email to the email address provided by GPG to get your account unlocked. [email protected]
How long does it take to withdraw my earnings?
This all depends on several factors. First, we push commissions into the GPG accounts every Tuesday and Friday. You will get an email and text message (if you opted into the SMS txt) when your money hits your GPG account. You can then transfer your money from GPG to your bank account or card (depending on which options are available to you). Direct Deposit can take 2 -3 business days. Card Transfers can take 4 - 6 business days.