Professional Documents
Culture Documents
EN Gift of Legacy English Project
EN Gift of Legacy English Project
.
TM
Index
1. Gift Of Legacy (GL) (Page 2 - 6)
2. The Gift Of Legacy Ethos (Page 7 - 8)
3. GL Disclaimer (Page 9)
4. Registration Steps (Page 10)
5. How to Join the Board and make your First Gift (Page 11 – 13)
6. How to generate an invite link (Page 14 – 15)
7. Gifting Guidelines – Timing & FAQ’s (Page 16 – 21)
8. How GL Works (Page 22 – 32)
9. Board Splitting at 4 (Page 33)
10. Trickle Up (Page 34)
11. Quit Feature (Page 35 – 36)
12. Back Office Orientation & 4 steps In Learning (Pg 37 - 39)
13. What The Icons And Colours Mean (Page 40)
14. Understanding Board Placement (Page 41)
15. How To Stimulate “Slow” Boards (Page 42 - 43)
16. Your Roles As You Move Through The Boards (Page 44 – 53)
17. The AIDA System - Getting Started With A Bang (Page 54 – 61)
18. Your First Year In A Gifting Community (Page 62 – 73)
19. Handling Objections (Page 74 – 86)
20. Gifting Gateways / Payment Portals (Page 87 – 92)
21. Guidelines (Page 93 – 95)
22. Terms of Participation (Page 96 – 103)
23. Privacy Policy (Page 104 – 114)
24. Why GL Is NOT A Pyramid or Ponzi Scheme (Page 115 – 122)
25. Lawyers Letter (Page 123 – 126)
26. FSCA Press Release (Page 127)
27. GL Terminology (Page 128)
28. GGM - Gracious Givers Movement (Page 129 – 130)
29. The Hidden Secrets of Money – Mike Maloney (Page 131 – 132)
30. Sacred Economics (Page 133)
31. Self Development Course (Page 134 - 136)
32. Motivation (Page 137)
33. Frequency (Page 138)
1. Gift of Legacy TM
.
Gift Of Legacy (GL) is a peer-to-peer gifting activity created by and for like-
minded and like-hearted people from around the globe, who share the common
ideal of changing their lives and communities financially by gifting and receiving
across four levels of gifting boards.
While there have been different gifting models over the last 5 decades, the
original gifting model that inspired the development of GL was founded and
licensed in the USA in 2009 and grew to 700,000 participants by 2021. It was
merely a basic website managing the movement of members on boards with a
very simple effective algorithm. The global expansion of the precursor program
was limited as it was designed for USA citizens only.
By August 2021, a community outside of the USA and members of the global
community decided to redesign the portal and launch it Internationally. This
included incorporating updated features and functionality and a more
sophisticated algorithm to maintain and manage active participants’ momentum
on the boards.
On the 10th January 2022, Gift Of Legacy was launched globally. During the first 6
months, the development team made many improvements and upgrades based
upon feedback from the community. These include; Ultra secure website,
Home screen banners, Email Verification, 2FA function, Autojoin, Fast Tracking
option, Board Chat, Board Splitting at 4, GGM (Gracious Givers Movement),
Trickle Up, Quite Button, Timeout, Auto Remove. Unique and First of its kind.
Gift Of Legacy (GL) was born out of love for human-kind, to help empower
people to make an impact in their worlds. GL is not a company, was not created
by one person and is not owned by anyone. It is decentralized and is “by the
people, for the people”.
.
CREATORS vs LEADERS
Gift of Legacy is a platform where the participants in the activity are referred to as the
community. The term community is used in this instance as it is based on the mode
of invitation into the platform. As a participant who accepted engagement in the
activity by invitation, you are expected to repeat the invitation and build YOUR
COMMUNITY within this activity.
The program (online platform) itself is NOT A COMMUNITY. The program is merely a
computer system with coding which manages the movements of boards. The
“algorithm” is a random placement of profiles throughout the boards globally (cross
pollination) once a participant goes into the perpetual cycle.
The co-creators and developers will always be the heart of this process.
Leaders on the other hand are those who rise up to the commitment of leading their
communities. They are able to understand the guidelines of the activity and assist
their participants to build their own community within the guidelines of Gift of
Legacy. Leaders can be nominated, voted in and chosen by their relevant
communities.
1. Gift of Legacy TM
.
1. Gift of Legacy TM
.
1. Gift of Legacy TM
.
2. The Gift Of Legacy
Ethos
.
The Ethos of Gift of Legacy is founded on nurturing
community and creating abundance for all.
TM
2. The Gift Of Legacy
Ethos
.
Gift Of Legacy is a Global Gifting Community based upon the principles of a Sacred
Gifting Economy and is shared with others by private invitation only.
Consumption to Contribution
Transaction to Trust
Scarcity to Abundance
Isolation to Community
Gift Of Legacy is 100% peer to peer and no funds ever get paid to the platform.
Gifts are ALWAYS given to the Gift Of Legacy participants and only gifted to the
Legend when landing in their board.
INVITEE
1. Paste your unique referral link into
browser to open registration window
5. Click to Select
1. Login to your
personal profile
JOIN
JOIN
5. How to Join Board
& Make Your first Gift
.
3. Click on View to open the board
VIEW
4. Click on Legend to view their contact information
LEGEND
5. How to Join Board
& Make Your first Gift
.
5. Reach out to the Legend immediately once you JOIN a board to
arrange gifting*
Op9onal Template Message From GiAer (REWRITE THIS AND MAKE IT YOUR OWN)
“Hi there! I am a Giler on your (Bronze, Silver, Gold or Plamnum) board. I am
from_______ (your country), and I have PayPal, Airtm, World Remit, Western
Union and Crypto. Where are you from and how would you like to receive
your gil? ☺ ”
https://www.deepl.com/translator
Is perfect for translating to communicate
with participants who speak other languages!
NOTE
If you are NOT ready to gift the Legend on your board, do not join a
board.
Only a LEGEND can remove the GIFTER from the board. If a GIFTER has
asked the LEGEND to remove them from the same board THREE times,
they will then be moved to the oldest board in Gift Of Legacy (Cross
Pollination) and will not follow their inviter anymore. So please make
sure you are ready to gift before joining a board.
6. Generate invite link
.
h"ps://www.gi+oflegacyglobal.com/
REGISTERED
MEMBERS
1. Login to your
personal profile
FIRST CYCLE
As a Legend on the $100 Bronze board, you keep $300 of your $800 in unconditional gifts. $400
must be held back to advance and place yourself as a Gifter on a $400 Silver board. Also, $100 must
be held back to re-enter and place yourself as a Gifter on a new $100 Bronze Perpetual board cycle.
As a Legend on the $400 Silver board, you keep $1,200 of your $3,200 in unconditional gifts. $1,600
must be held to advance and place yourself as a Gifter on the $1,600 Gold board. Also, $400 must
be held back to re-enter and place yourself as a Gifter on a new $400 Silver Perpetual board cycle.
As a Legend on the $1,600 Gold Board, you keep $6,200 of your $12,800 in unconditional gifts. Hold
back $5,000 to place yourself as a Gifter on the $5,000 Platinum board. Also, $1,600 must be held
back to re-enter and place yourself on a Gifter on a new $1,600 Gold Perpetual board cycle.
As a Legend on the $5,000 Platinum Board, you keep $35,000 of your $40,000 in unconditional gifts.
When you have received all 8 gifts from the Gifters on your board, your First Cycle is now
complete. $5,000 must be held to re-enter and place yourself as a Gifter on a new $5,000 Platinum
Perpetual board cycle.
PERPETUAL CYCLE
As a Legend on your $100 Bronze Perpetual board, you keep $700 of your $800 in unconditional
gifts. $100 must be held back to re-enter and place yourself as a Gifter on a new $100 Bronze
Perpetual board cycle.
As a Legend on the $400 Silver Perpetual board, you keep $2,800 of your $3,200 in unconditional
gifts. $400 must be held back to re-enter and place yourself as a Gifter on a new $400 Silver
Perpetual board cycle.
As a Legend on the $1,600 Gold Perpetual board, you keep $11,200 of your $12,800 in
unconditional gifts. $1,600 must be held back for your placement as a Gifter on a “new” $1,600
Gold Perpetual board cycle.
As a Legend on the $5,000 Platinum Perpetual board, you keep $35,000 of your $40,000 in
unconditional gifts. $5,000 must be held back to re-enter and place yourself as a Gifter on the
$5,000 Platinum Perpetual board cycle.
7. Gifting Guidelines & FAQ’s
.
Legends
2. As a Legend on my board, how do I confirm the unconditional gifts
that I receive?
a) Check that the giA has been received in your account with the payment gateway you and
your GiAer have agreed to use. Due to differences in banking systems and internaDonal
residences of parDcipants you may need to check daily unDl all 8 giAs are received.
b) Should this process not have been carried out, it will be at the discretion of the Legend as
to whether they would like to confirm the gift on receipt of the proof of payment, or if
they would like to wait for the funds to reflect in their account.
5. Why should I click on the CONFIRM button once I have received proof of the
Gift from a Gifter?
A. Clicking the CONFIRM button will ensure that the Gifter position is official in the system
and will not be able to be removed, so make sure you either know the Gifter and trust
them to gift or wait until the gift is confirmed in your gateway.
6. What do I do when 48 hours has past, and the Gifter has not Gifted me?
a) You need to reach out to the Guide and Builder (likely their inviter) on the board
to assist you in communicating with the Gifter.
7. Gifting Guidelines & FAQ’s
.
Legends
10. What are the tax laws regarding the unconditional gifts I will be
receiving as a Legend in GL?
a) GL is a global gifting activity. It is your responsibility to educate yourself and to comply
with the gifting tax laws in your country, state, province, jurisdiction, etc.
b) If you have any questions or concerns, contact your tax advisor, accountant and/or
financial advisor.
7. Gifting Guidelines & FAQ’s
.
Gifters
1. Is there a video on Gifting that I can watch?
A. https://www.youtube.com/channel/UCDC_xZNE-4hnlfwYTvdPmxg/playlists
3. I have giAed the Legend on my board, but my username is s9ll in red. Why
haven't they confirmed the receipt of my uncondi9onal giA?
A. Keep in mind that some participants are in different time zones, so we ask that you give
your Legend a minimum of 12 hours to confirm your unconditional gift. If you are still not
sure that it has been received, reach out to your Legend to ensure that they have received
your unconditional gift. Make sure to take a screenshot of your gift for your records. Also,
refresh your browser from time to time.
B. If a gift has been made and received and the Legend is not confirming you on the board for
a prolonged period, reach out to them through all their contact pathways. If they do not
respond or confirm you on the board submit a request for assistance to Support and follow
the steps in the email you receive.
4. Why are there Gifters whose usernames are already highlighted in white on
my initial $100 Bronze Board?
A. These are people who have already completed and have received all 8 gifts as the
Legend on their initial $100 Bronze Board. The algorithm will at times place someone
back as a Gifter on the board that they just completed as a Legend on the other
hemisphere in order to facilitate the movement and completion of that board. This may
be your initial $100 Bronze Board, but this is now the former Legend’s perpetual $100
Bronze Board.
7. Gifting Guidelines & FAQ’s
.
General
1. Do both sides of the board have to be filled with Gifters whose gifts are
confirmed for the board to split/spin?
a) NO – The board splits when 4 Gifters are confirmed. That Guide will then become Legend.
b) The board will spin/close for that current Legend once all 8 Gifters are confirmed though.
2. Will the $100 gift value fluctuate with the dollar value, or will there be a set
value that is gifted in each currency?
a) Gifts are calculated according to the USD$ exchange rate for the day.
b) If the Gifter and Legend reside in the same country, they can agree to exchange gifts
in their own currency.
7. What are the tax laws regarding the uncondi9onal giAs I will be sending
and receiving in GL?
a) GL is a global gifting activity. It is your responsibility to educate yourself and to comply
with the gifting tax laws in your country, state, province, jurisdiction, etc.
b) If you have any questions or concerns, contact your tax advisor, accountant and/or
financial advisor.
8. How GL Works
.
TOTAL: $42 700 at the end of round 1 and $49 700 ongoing (Perpetual Rounds)
Register
Continue Sharing!
Pg 26
8. How GL Works
.
5. I have registered to par9cipate in GL and have logged in for the first
9me. I see that I am invited to become a new GiAer on a $100 Bronze
Board. What is my next step and where do I send my giA?
a) Welcome! Once you have completed your registration and log into your personal
profile, you will click on the button to JOIN your first $100 board. Once joined, click
the VIEW button to view your first Bronze board.
b) It is your responsibility as a new participant to contact the Legend on the board as
soon as you JOIN a board. The maximum time allowed to make contact is 12 hours.
You will find the Legend’s contact details on your board by clicking on the circle in
the centre of the board. When you click on a participant’s circle, an INFO BOX will
pop up with the LEGEND’s first and last names, cell phone number, email address
and username.
c) Send an email or Telegram/WhatsApp message to your Legend to introduce yourself
as a new Gifter on their board and ask them how they would like to receive their
unconditional gift.
d) For example: “Hello (Legend), my name is (full name), username (xxx). I am Gifter
number (X) on your $100 Bronze board. I am in (country), and I have (payment
options, for example Wise and crypto). How would you like to receive your gift? I am
happy to be joining you in this exciting gifting activity! (name)”
e) When your Legend responds with their gifting instructions, send their gift
immediately. Take a screenshot of the receipt that the gift has been sent, both for
your records and to send in an email or message to the Legend. Once the Legend
received your gift in their gateway, they will confirm your placement on the board.
8. What are the roles and responsibili9es in each of the four posi9ons:
GiAer, Builder, Guide and Legend?
GIFTER
Contact the Legend on the board where you have JOINED as a Gifter immediately and
arrange to send the unconditional gift, based on where you and Legend agree for the
gift to be sent.
Participate in GL training and attend presentations.
BUILDER
This is the single most important position to build your
community from. When invitees join the board while you
are a Builder, they will follow you onto the same board.
Invite at least 2 like-minded and like-hearted people to
participate in Gift of Legacy.
https://youtu.be/c0iySTc_wvw
Participate in GL live zooms presentations and trainings and
encourage your invitees to do the same.
GUIDE
Guides support the Builders and the newly invited Gifters.
Establish communication among the people on your board, encouraging everyone to work
together as a community to fill the boards so they move faster.
8. How GL Works
LEGEND .
Respond within 24 hours to the GiAers that are placed
on your board.
Graciously communicate your preferred giAing gateway
with your GiAers.
If a GiAer has not contacted you within 12-48 hours
from when they are placed on your board and you’ve
made numerous aqempts to contact them, remove
BE KIND
them by clicking on REMOVE in their informaDon box.
Confirm GiAers on your board when their uncondiDonal
giA has been received in your payment gateway.
Communicate, encourage, and upliA all the parDcipants
on your board.
(Please note: a Legend MAY NOT remove a Gifter after the Gifter has provided proof of the
gift. Attempting to do this will be seen as misconduct.)
12. When do I proceed to the next board after I have received all 8 my Gifts?
a) The system will automatically offer you the option to advance by clicking on a
JOIN button on each board that you are eligible to enter.
14. Does it matter where I’m placed on a board when I join a board?
a) It really does not matter where or on which board you get placed on, because your
success is achieved purely from the people you are inviting to join you, and not at
all from the people you join.
b) Watch the entire explanation here https://youtu.be/Iw41HuB6Mn4
8. How GL Works
.
15. I would like to accelerate my journey on the boards by self-funding my giAs.
If I decide to Fast Track, then complete my 9me as Legend on the lower-
level board, will I end up with more than one posi9on on the same level
board?
a) From any position you are in, if you would like to Fast Track, any participant may do
this at any time. Watch this clip Presentation & Fast Tracking: https://youtu.be/yhOJ3TP-3kA
16. I am on my first $100 Bronze Board, and I would like to Fast Track myself onto
the $400 board. Can I do this before I receive all 8 of my unconditional gifts as
the Legend on this board?
a) Active Verified profiles may elect to move onto the higher-level boards more quickly.
b) 2 confirmed invitees on $100 board – unlocks the $400 board
1. Confirmed $400 gift – unlocks the $1600 board
2. Confirmed $1600 gift – unlocks the $5000 board
c) This process of jumping ahead is referred to as Fast Tracking
d) You can Fast Track from any position on any board
e) Only jump if you are ready to make your gift immediately. You must contact the Legend
on the higher board to arrange gifting
17. If I have Fast Tracked to the $400 board, will I remain on the $100 board?
a) Yes, you will remain on a $100 board cycle. Once your original $100 Bronze board
retires you will only re-enter and go into your Perpetual board cycle and will not need
to advance to the $400 Silver board, as you will already be placed there.
.
8. How GL Works
.
18. How can I see another boards timestamp?
Timestamp is not visible to members. There is no specific period because the
timestamp is compared across all boards globally. It is a moving target.
https://youtu.be/Iw41HuB6Mn4
23. Who manages the GL website and the giAing ac9vi9es of the par9cipants?
A. The GL gifting activities are not managed by any one individual or group of individuals.
What makes GL so simple are the intelligent computer algorithms (rules) that
automatically place the participants on the boards to direct the flow of the gifting
activity throughout the GL community, treating all participants alike.
8. How GL Works
.
24. How do I update my Personal Info (contact details, username, email,
phone number, password) on the website?
a) To update your contact details and username, log into your profile at
www.giftoflegacyglobal.com with your username and password. Once logged in,
go to the ‘Personal Info’ tab at the top of the page. When all your contact details
are updated, click ‘Save’ in the upper section (not below the passwords). A green
banner will pop up at the bottom of your screen to notify you that your contact
details have been updated successfully.
b) To update your password, go below the personal info section to ‘Change
Password’. Enter your current password and your new password. Confirm your
new password and click ‘Save’. A green banner will pop up at the bottom of your
screen to notify you that your password has been updated successfully.
The Trickle Up function works HAND IN HAND WITH the QUIT feature.
The trickle up function will serve to fill up the empty spaces on boards where
participants have exited from the activity.
This combination gives participants the opportunity to exit the activity if it is not
for them and they no longer wish to participate.
It removes unmotivated and negative participants.
It allows like minded and like hearted participants to engage with each other.
It increases the motivation and morale of the remaining participants as they are all
interested in participating.
It moves engaged participants into previously inactive boards.
It increases the movement on the boards and stimulates the flow of abundance.
It allows for the removal of misaligned participants who do not respect the
guidelines.
This new option that allows participants to EXIT the PLATFORM and NO LONGER
ENGAGE IN THE ACTIVITY AT ALL was introduced in order to allow unwilling
participants to EXIT the activity for good, as leaving a non-participating profile on
the boards results in many dead spots across the platform therefore negatively
affecting the flow of abundance.
The inclusion of this function DOES NOT AFFECT the functioning of the
ALGORITHM in any way.
Additional code in the algorithm will now ensure that once a participant bids us
farewell and EXITS the activity, their spot will be filled by the trickle up function.
11. Quit Feature
.
Quitting GL:
The optional QUIT from GIFT OF LEGACY combined with the trickle up feature
gives participants autonomy and control over their decision to QUIT and LEAVE the
gifting activity should they wish to do so.
This is a first in gifting platforms and should be seen as a feature which increases
the options of engagement that are available to the participants and therefore
supports an individual's free will to participate or not.
12. Back Office Orientation
(The Dashboard)
.
NAVIGATING YOUR WAY AROUND
https://www.giftoflegacyglobal.com/
Click to Login/out
Click
for Help
Click to join & view Click to join & view Click to join & view Click to join & view
$100 board $400 board $1600 board $5000 board
12. Back Office Orientation
(The Dashboard)
.
ACCOUNT STATUS
Window
Profile username
Confirmed invitees
https://youtu.be/FxBu3Fv6NRc
Learning anything new in life can be overwhelming. Learning the basics are vital for
your success. Be patient with yourself and your invitees. Below are the 4 steps in
learning:
1. Unconsciously Incompetent (When you start something new, you don't know that you
don't know what you are doing. Ignorant bliss.)
2. Consciously Incompetent (You are still new, but now you know that you don't know
what you are doing. Scary place.)
3. Consciously Competent (You have been in it for a while, now you know what you are
doing, but still need to be consciously aware of what you are doing. Comfortable
place.)
4. Unconsciously Competent (You have been doing it for over 6 months, you are
confident and what you are doing becomes second nature. Break through place.)
13. What the Colours
& Icons means
.
I noticed that the participants’ usernames on my board are different colors. What
do the different colors mean? What do the colors and icons on the boards mean?
a) A new Gifter whose username is in red means that they have not yet gifted the Legend
and their participation on the board has not yet been confirmed.
b) A participant whose username is in yellow means that they are the participant who
has logged in and is looking at their own board.
c) A participant whose username is in black means that they have gifted the Legend on
the board and have been confirmed.
d) The surrounding ring indicates whether there are no invitees (white), 1 invitee (1/2
ring is bronze) or 2 invitees (full ring)
14. Understanding
Board Placement
.
How do the Algorithms work?
● The movement through your initial $100 board is subject to how quickly the 8
Gifters are invited and registered, receive board placement, gift to you as the
Legend, and are confirmed.
● The speed at which you move through your initial higher-level boards and all
Perpetual board cycles is dependent on two things:
2) You may Fast Track to higher boards once you have the minimum of 2
confirmed invitees.
● Invitees always follow inviters. So, building your team 2x2x2x2 etc. as per the
guidelines (NO Space Fillers!) will move your higher boards.
2) “Join” the Bronze board immediately. As soon as you join your first Bronze
board, you are required to make contact with your Legend. If you have not
communicated with your Legend within 48 hours of being placed on a board, you
may be contacted or removed at the Legend’s discretion. You can always join
another board when you are ready.
3) Join Telegram and follow the OFFICIAL GL GROUPS for daily updates.
5) The Legend on the board will then respond: “Thank you so much, Crystal!
Please send it via WISE, as I am in Thailand. As soon as you send me proof of
payment, I will confirm your placement on the board. Please make sure to use your
“USERNAME" as a reference. Thanks again, Richard”
16. YOUR ROLES
.
6) Once you have been confirmed on the board, immediately make contact with
your board mates and get the energy flowing into the Gifting Activity.
7) The Legend will only complete their board and advance to the next level, and
for all the other positions to advance up the board, once ALL 8 Gifters have been
confirmed, so it is essential for everyone to work together. Although the boards
split at 4 once the once the two hemisphere is full (See board splitting at 4 page)
The Gifters become Builders. The Builders become Guides. The Guides each
become a Legend on their new board.
9) Our minimum requirement for success is to bring the minimum of two like-
minded and like-hearted people to join in the fun. Share with as many people as
possible. Plant those seeds.
10) Share the trailer, not the movie. All you need to do is share your invitation
to join the zoom calls, and experienced presenters will do the rest!
2) When your 1st Gifter registers and has been confirmed by the Legend on their
board, your online Profile will show that you only require one more Gifter to
qualify to move to the next round.
3) You will generate a new referral link for EACH person you invite to register.
4) Once your 2nd Gifter is registered and confirmed by the Legend on their board,
the alerts in your online Profile will go away. This also unlocks the bonus feature of
Fast Tracking to the higher boards, if you have the finances available to support
that you are welcome to join them and gift the Legend immediately.
5) Now it’s time to focus on your Gifters and help them with their training, and to
continually invite new Gifters. Let your Gifters know about this A-Z Directory, and
the Academy and Support links inside their portal!
16. YOUR ROLES
.
7) Plan to call 2 to 3 people a day to say hello and see what is going on in their
lives.
8) Invite your Potentials to join our Zoom calls (Monday to Friday), as well as join
the GL Telegram groups.
9) Make sure you are joining Zoom calls when they are on the call. 1) Follow up
with your invitees to see when they plan to register.
Focus your energy on helping them with mindset. The essence of the invitation is
sharing from the heart and building a community of like-minded, like-hearted
people. Share this document with all your people.
2) This is the time to make sure that all other participants on the board are
communicating and working together.
3) You are now also a support to your Legend, who is likely the person who invited
you into this incredible activity of abundance.
REMEMBER – In order to Fast Track, you do not need any additional invitees!
Roles cont’d
16. YOUR ROLES
.
7) Plan to call 2 to 3 people a day to say hello and see what is going on in their
lives.
8) Invite your Potentials to join our Zoom calls (Monday to Friday), as well as join
the GL Community chat on Telegram.
9) Make sure you are joining Zoom calls when they are on the call. 1) Follow up
with your invitees to see when they plan to register.
1) It is the responsibility of all incoming Gifters to connect with you via Telegram /
WhatsApp or email, to ask you for your gifting information. If they do not contact
you within 6 hours of joining your board, contact them via the board Chat feature,
or their email, Telegram / WhatsApp, phone number, found by clicking on their
username on the board. Let them know that they are a new Gifter on your board
and provide them with your gifting information. If they do not respond and make
arrangements with you to send their gift within 48 hours, please remove them
from your board by clicking the “remove” link. They will be able to join a new
board when they are ready.
Only Legends can remove new Gifters from their board. In accordance with the
Gift of Legacy guidelines, the only reason for removal of a Gifter from a board is
for failure to communicate, respond and gift.
2) Share your gifting information with your incoming Gifters and welcome them
via return message and/or email.
Roles cont’d
16. YOUR ROLES
.
4) Once you have received proof of the Gift, confirm their placement by clicking
on the participants name on the board. That will bring up their info box, that will
allow you to CONFIRM, and a popup window to complete the confirmation. Then
let them know their placement is confirmed on the board.
5) It is very important that you make sure to thank your Gifter and wish them
well on their journey.
6) Once you have confirmed 4 Gifters on the same side, the board will spin,
creating a new board, where the Guide becomes the Legend on their new board
(on that hemisphere – see board splitting at 4 page)
7) YOU as the Legend will only complete your board once ALL 8 Gifters have
been confirmed, so it is essential for everyone to work together.
8) Once all 8 gifts have been confirmed, that board will split into 2 new boards,
and you will be auto joined to a new SILVER $400 board. You will also receive a
place on a $100 perpetual board and become part of the cross-pollination.
9) If you still do not have your 2 invitees when you reach the Legend position,
you will be sidelined. You will still be in the “system”, but just not on the board.
The moment you register your 2 people, you can then advance to the next board
and join the perpetual board.
16. YOUR ROLES
.
TIPS
● It is not necessary to invite additional Gifters when you move onto the $400,
$1600, and $5000 boards.
● Technically, the only Gifters you are required to invite, in order to be eligible to
receive gifts when you move into a Legend position, are the initial two Gifters
that you invite onto your first $100 board.
● As you advance on the higher boards, you must still keep sharing GL. The more
Gifters being invited into the community, the quicker the boards move.
● If you invite additional people (each with their own UNIQUE referral link), they
will be placed under your lineage to help you advance quicker.
● So continue to invite friends, colleagues, and loved ones into the GL family via
the GL Community chat on Telegram.
- GIFTER
- BUILDER
- GUIDE
- LEGEND
3. Contact a minimum of one person on your name list each day (you can
contact more if you want).
Use the AIDA “4 step” easy to follow system (FULL TRAINING LINK BELOW)
https://youtu.be/NKANIz2F284
17. The AIDA System
GET STARTED WITH A BANG
.
A = ATTENTION
90 SECONDS INTRODUCTION
10 Jan 2022
https://youtu.be/sxH-rCRN7cY
AND/OR
Doodly – 6 Min
4 September 2022
https://youtu.be/zFIuKo43d5g
AND/OR
Doodly – 3 Min
4 September 2022
https://youtu.be/AGbMDvNQmEw
When sending one of the clips, add a personal note to get the
person excited to watch the clip:
Eg: “Hi John, I’ve come across something very exciting that I want
to share with you. Have a look at this short clip, and let me know
what you think”
17. The AIDA System
GET STARTED WITH A BANG
.
I = INTEREST
Eg: “Hi John, As promised, here is a little more info as per the
previous clip I sent you. Have a look at this short 7 Min video and
let me know what you think.”
17. The AIDA System
GET STARTED WITH A BANG
.
D = DESIRE
A = ACTION
Send The GL Website & Your Referral Link
No 1:
“Hi John, I’ve come across something very exciting that I want to share with you. Have
a look at this short clip, and let me know what you think”
No 2:
“Hi John, Just a quick one. Have you ever heard of a Gifting Economy?
No 3:
“Hi John, I don’t know about you, but have you seen how crazy expensive things are
getting lately? Are you currently doing anything to earn extra money?
No 4:
“Hi John, If you had to lose your job tomorrow, do you have a Plan B in place?
No 5:
Hi John, how would you like to get involved in something 100% legal and off the main-
stream system to make extra money?
No 6:
Hi John, did you know the average millionaire has 7 streams of income. Apart from
your current job, what others do you have?
No 7:
Hi John, If I could show you a way to earn a perpetual income in the form of gifts,
would this be something that would interest you?
17. The AIDA System
GET STARTED WITH A BANG
.
Once a person has joined, add them
to the following groups / channels
[with their permission]
GIFT OF LEGACY
CHANNEL
https://www.youtube.com/channel/UCD
C_xZNE-4hnlfwYTvdPmxg/playlists
18. Your First Year
In A Gifting Economy
.
18. Your First Year
In A Gifting Economy
.
Written in 1998:
Mark & Rene Yarnell
• Clarification of retirement
• Memory jogger
• Lack of Structure
• Follow a System
18. Your First Year
In A Gifting Economy
.
7. Eluding the Meeting Mines
Avoid the pitfalls of counter-productive presentations
• TECHNOLOGY - Zoom
• Meetings to be DUPLICATABLE
• Activity vs Productivity
• Recruiting Internationally
• Educate yourself
18. Your First Year
In A Gifting Economy
.
9. Deflecting the Executive Explosion
The upside and downside of executives
joining your business
Part 1:
https://youtu.be/S4YgpMwjuus
Part 2:
https://youtu.be/zImIAQ-4yxg
Part 3:
https://youtu.be/ijorghAx0So
Part 4:
https://youtu.be/njJpy2NTVP0
Part 5:
https://youtu.be/uS3ikIW8zf4
19. Handling Objections
.
Some people will resonate with
Gift Of Legacy and join
immediately (They just “get it”).
• Have you ever owned your own • We have all made decisions to
business or explored how much it get us to where we are today.
costs to set up a traditional This program can give you the
business? opportunity to play “catch up”.
• Every structure in life is shaped like a • See pages 121 – 128 explaining
pyramid. Companies, Churches, the difference between a Ponzi
Governments, Families, Banks, scheme, Pyramid scheme, Stokfel,
Schools, Hospitals, etc. MLM (multi level marketing &
Gifting Communities.
• Humanity has been conditioned
through the ages to “get good grades, • See pages 129 – 132, a lawyers
get a good job and retire financially letter explaining the legalities of
free”- Robert Kiyosaki Gift Of Legacy.
GIFTING COMMUNITIES HAVE BEEN AROUND SINCE THE LATE 1960’S – 100% LEGITIMATE!
19. Handling Objections
“I NEED TO SPEAK TO MY …”
.
TIP: To avoid this objection, when
inviting prospects to watch a Zoom Call,
try and get both partners to watch it
together.
• Why don’t you get him/her onto the next Zoom Call and let us do the
work for you.
• Fantastic, you can invite him/her and receive double! But, ONLY when
you are LEGEND first!
• Great! This can benefit you both. Let’s all get onto a Zoom Call: I can
show you together how to get the life you want.
• That’s great, you wouldn’t want to speak to your spouse if you were not
interested…right? Let’s all meet together on Zoom!
1. Mother
2. Father
3. Siblings 35. Mobile Contacts 67. Life Coach
4. Mother-in-law 36. Email Contacts 68. Hospital Staff
5. Father-in-law 37. Facebook Contacts 69. Painter70. Handyman
6. Aunts 38. Instagram Contacts 71. Massage Therapist
7. Uncles 39. LinkedIn Contacts 72. Beauty Therapist
8. Cousins 40. Twitter Contacts 73. Optometrist
9. Nieces 41. Doctor 74. Podiatrist
10. Nephews 42. Dentist 75. Nail Technician
11. Children 43. Homeopath 76. Gardener
12. Grandparents 44. Physiotherapist 77. Web Designer
13. Friends 45. Nurse 78. Music Teacher
14. Neighbours 46. Minister/Pastor 79. Social Worker
15. Colleagues 47. Church Friends 80. Tailor81. Baker
16. School friends 48. Police 82. Butcher
17. University friends 49. Security Guards 83. Seamstress
18. Past Colleagues 50. Policeman 84. Fireman
19. Sport Friends 51. Veterinarian 85. Ballet Teacher
20. Hobby Friends 52. Pet Groomer 86. Drama Teacher
21. Hairdresser 53. School Parents 87. Dancing Teacher
22. Receptionist 54. Mailman 88. Soccer Coach
23. Banker 55. Courier people 89. Hockey Coach
24. Insurance Broker 56. Car Salesman 90. Tennis Coach
25. Accountant 57. Mechanic 91. Rugby Coach
26. Personal Trainer 58. Petrol Attendants 92. Gymnastics Teacher
27. Teachers 59. Tellers 93. Plumber
28. Coaches 60. Estate Agent 94. Electrician
29. Lawyer 61. Gym Members 95. Pool Service
30. Pharmacist 62. Golf Club Members 96. Appliance Service
31. Uber Drivers 63. Florist 97. Computer Service
32. Housekeeper 64. Jeweller 98. Au pair service
33. Waiters 65. Psychologist 99. Garden Service
34. Bar Tenders 66. Psychiatrist 100. Cinema Attendants
19. Handling Objections
“I AM NOT A SALES PERSON”
.
Have you ever been to a restaurant where the food was outstanding, the service
was impeccable and ambiance was just perfect? When you experience
something good, your instinct is to share your good experience with other
people…right?
You are unconsciously the “silent salesman”. Does the restaurant pay you for
referring your friends to go eat there? No! We don’t “sell” to people we know,
we simply “share” something good.
THIS IS ABOUT
SHARING…NOT SELLING
• This activity is about helping people change their lives for the better!
• Then you’re going to love this! This activity is not about selling, it is about sharing.
• If you help enough people get what they want, you will automatically get what you
want.
• If you give a person a fish, you feed him for a day. If you give him a fishing rod and
teach him how to fish, you feed him for a lifetime!
• Rule 1 – your delivery is everything! The more authentic and passionate you are, the
more people buy into YOU. Practice, visualise and make sure you believe in and love
what you are sharing with others!
19. Handling Objections
“I HAVE TO THINK ABOUT IT”
.
When a prospect says: “I have to think about it”, they are thinking
3 things:
1. I don’t have the money
2. I don’t see the value
3. I don’t see the urgency
• Can I book a private Zoom Call with a leader to answer your questions?
• I love to learn and improve, what specifically is holding you back from deciding
on this today?
• I understand that you’re not quite ready to decide on this. Out of curiosity,
what factors do you still need to consider?
• Obviously there is something that either doesn’t make sense to you, or you
need to check on something. What do I need to do right now that will make
this work for you?
19. Handling Objections
“I HAVE A GOOD JOB”
.
At the beginning of 2019, the world
changed dramatically and will never be the
same again.
• Would you like to build a “Plan B” now in case one day you didn’t have a good
job?
• If you were given 1 month to live, would you honestly want to spend the next 9
hours a day in an office?
• Did you know that more and more professionals (like doctors, lawyers, dentists,
etc..) are participating in Gifting Economies?
19. Handling Objections
“IS THIS DIFFERENT TO MLM?”
.
It is said that major life changing opportunities only cross a persons path 3 times
in their life.
• Unique “Cross-Pollination”
• Don’t let the simplicity of this system make you think “this is too good
to be true”
- Overwhelmed at work
- Processing a shock or trauma
- Putting some boundaries in place
- Dealing with an illness
- Prioritising family
- Distracted by an unexpected life change
- Tired of having to put on a happy face
- Needing some silence and space
• YOUR Fear of Rejection. Don’t fear NO. Fear being in the exact same place this
time next year.
• It’s all about TIMING. People’s circumstances are like seasons, they usually
change every 90 days.
• You cannot force someone to comprehend a message they are not ready to
receive. Still, never underestimate “the power of planting a seed” – just keep
watering the seeds, you will be AMAZED at what happens!
Gift Of Legacy has been designed for people from all walks of
life to become part of this exciting gifting community. It is a
lifestyle community that puts “Principles before Personalities”.
People are treated equally with kindness and respect.
https://youtu.be/iSsCdxo0J4I
…and more!
Make sure to have PayPal and Wise set up and verified when signing
up to Gift of Legacy
Have your bank account details handy and have a template created, so
that it will be easy to communicate. You can also view YouTube videos
supplied by each company
20. Gifting Gateways
Cryptocurrency
.
What is Crypto? Watch the following 34 Min Documentary which
explains Bitcoin in a NUTSHELL covering the 31 points below:
1. What is Bitcoin?
2. Digital Asset Class
3. Virtual money (like a VISA card)
4. Evolution of a Payment System
5. Most important technology in our lifetime
6. What is Money - Mike Maloney
7. Commodity/Crypto as a representative currency
8. United Nations Monetary conference in 1944
9. Brettenwoods Financial System created BITCOIN: Beyond the Bubble (35 mins)
10. USD chosen as the world reserve currency https://youtu.be/ZoT7j5BVSX0
11. USD backed by Gold at fixed price
12. 15 August 1971 "Nixon Shock" USD off the Gold standard
13. FIAT Currency backed by nothing tangible
14. Governments declared perceived value to paper money
15. Digital Currency (Electronic payments/Credit Cards created)
16. FIAT currencies already digital
17. Bitcoin cannot be created by thin air like current quantitative easing of currency
18. Scarce Digital Asset
19. Mathematics and Cryptography regulates creation of Bitcoin (not the federal reserve system)
20. Bitcoin network decentralized
21. Blockchain Technology
22. Bitcoin - multiple levels of intrinsic value (non confiscatable)
23. Cannot be hacked or shut down
24. User in complete control - Global integration
25. Government cannot control it - Power to the Individual
26. $400 000 Bitcoin
27. What is a Satoshi
28. Guaranteed exchange of value
29. Virtual Gold - Finite Supply!
30. Protect your wealth against corrupt governments
31. Digital Currency - You Monetary Weapon
20. Gifting Gateways
Cryptocurrency
.
The 4 short clips below were compiled by Tim Wagner, tailor
made for GL members. Topics include:
https://youtu.be/FxBu3Fv6NRc
20. Gifting Gateways
Cryptocurrency
.
Below are 2 clips covering the basics of Crypto and
Blockchain, presented by Gift Of Legacy participants
explaining everything from a gifting economy point of view
CRYPTO BASICS
Alan – 13 July 2022
https://youtu.be/S38c2-WwLWo
20. Gifting Gateways
Cryptocurrency
.
6 Extra Educational Clips Explaining Crypto
Greetings to the web site or mobile application (as the case may be) (collectively,
the “Platform”) of “Gift of Legacy™. (Including its subsidiaries, affiliates, agents, and
service providers, collectively, “Gift of Legacy™”, “we”, “us” and/or “our”). This
Platform is operated by “Gift of Legacy™ and has been created to provide
information about our Gifting Activity and our online platform designed to permit
users to interact with one another on a Peer-to-Peer basis to accept monetary Gifts
and & to access our academy and self-development courses (together with the
Platform, the “Services”) to our Services users and visitors (“you”, “your”). This
Privacy Policy sets forth “Gift of Legacy™’ policy with respect to information,
including personal data (“Personal Data”) and other information that is collected
from participants using the Platform.
Information We Collect
When you interact with other participants through the website, we may collect
Personal Data and other information from you, as further described below:
Personal Data That You Provide Through the Services: We collect Personal Data
from you (including, but not limited to, your name & surname, email address and
mobile number) when you voluntarily provide such information, such as when you
interact with other participants, , register for participation in the Gifting activity.
Wherever “Gift of Legacy™ collects Personal Data we try to provide a link to this
Privacy Policy.
We collect this Personal Data purely for the purposes of providing the participant/s
a means to interact with other participants within the guidelines of this Gifting
activity, as well as providing participant/s access to free academy and related
courses, For more details on why we collect your Personal Data and how we use it,
please see the section below entitled “Our use of Personal Data and other
information.” While you are under no obligation to provide any Personal Data,
should you choose to withhold such information, we may not be able to provide you
with access to become an active participant in this Gifting activity.
23. Privacy Policy
.
By voluntarily providing us with Personal Data, you are consenting to our use of it
in accordance with this Privacy Policy. If you provide Personal Data to the Services,
you acknowledge and agree that such Personal Data may be transferred from your
current location to the servers of Gift of Legacy™ and the authorized third parties
referred to herein located globally.
Other Information
Non-Personal Data: When you interact with Gift of Legacy™ participants through
the gifting website, we automatically receive and store certain non-identifiable
personal information. Such information, which is collected passively using various
technologies, cannot presently be used to specifically identify you. Examples of this
non-identifiable personal information include the type of internet browser or
mobile device you use, any website from which you have come to the Services, your
operating system, location data (which is anonymous and where you log in through
the Platform you will be asked if you consent to the Services accessing your location,
which can be updated at any time in your device settings) (“Non-Personal
Data”). Gift of Legacy website™ may store such Non-Personal Data itself or such
information may be included in databases owned and maintained by Gift of
Legacy™ service providers, affiliates or, agents. The Services may use such Non-
Personal Data to assist us in providing effective Services and to collect broad
demographic information for aggregate use.
Location Information: When you use the gifting activity website to to interact,
collect or arrange Gifting, the Services may request that you provide your city or
town and state or province of residence. Please keep in mind that other users of the
Services may be able to view your city or town and state or province of residence in
connection with the gifting activity if it is made available within Gift of Legacy’s™’
Public Search Directory. We may also use your location information in an aggregate
way, as described above in the “Aggregated Data” section.
Social Networking Integrations: One of the rules of the gifting activity of Gift of
Legacy’s™ is that no information either private or other will be displayed, shared or
divulged to any social media platform.
You do not have the option of posting your participation activity to Social
Networking Services when you access content through the Services (for example,
you may NOT post to Facebook that you performed an activity on the Platform); you
acknowledge that if you choose to do so, you risk losing your profile & further
participation within the Gift of Legacy™ gifting activity platform.
Mobile Services: The Services include certain services that are available via a mobile
device, including (i) the ability to upload content to the Services via a mobile device,
(ii) the ability to browse the Platform and Services from a mobile device, and (iii) the
ability to access certain features through an application downloaded and installed
on a mobile device (collectively, the “Mobile Services”). To the extent you access the
Services through a mobile device, your wireless service carrier’s standard charges,
data rates, and other fees may apply. In addition, downloading, installing, or using
certain Mobile Services may be prohibited or restricted by your carrier, and not all
Mobile Services may work with all carriers or devices.
By using the Mobile Services, you agree that other participants may communicate
with you regarding Gift of Legacy™ by SMS, MMS, text message, or other electronic
means to your mobile device and that certain information about your usage of the
Mobile Services may be communicated to us.
23. Privacy Policy
.
In the event you change or deactivate your mobile telephone number, you agree to
promptly update your Gift of Legacy™ profile account information to ensure that
your messages are not sent to the person that acquires your old number. Similarly in
cases where you close email addresses that were used for registration of
participation.
Third-Party Personal Data: The Services may also collect Personal Data relating to
third parties stored in your email and mobile device address books, including,
without limitation, names, email addresses, and phone numbers (collectively,
“Third-Party Personal Data”). The Services may request your permission to access
such Third-Party Personal Data.
Gift of Legacy™ may also use your Personal Data and other Non-Personal Data
collected through the website-based gifting activity to help us in providing the
hosting, processing interaction information, fulfilling requests for information
between the Gifter and the Legend on a specific board l, receiving and sending
communications, updating share lists, analysing data, providing support services, or
other tasks from time to time.
23. Privacy Policy
.
Gift of Legacy™ may, with your consent, use your Personal Data to contact you in
the future to tell you about services we believe will be of interest to you were
permitted by applicable law. If we do so, each marketing communication we send
you will contain instructions permitting you to “opt-out” of receiving future
marketing communications. In addition, if at any time you wish not to receive any
future marketing communications or you wish to have your name deleted from our
mailing lists, please contact us as indicated below.
We may also use your Personal Data and Third-Party Personal Data to send
communications relating to the Services, in accordance with applicable laws. For
example, we may send periodic emails to registered participants of the gifting
activity relating to their recent interactions with another participant. Also, if you use
any feature of the Services permitting you to communicate with third parties (such
as to refer a third party to the Services or to communicate with them regarding this
gifting activity opportunity), either by submitting Third-Party Personal Data to the
Services or otherwise permitting the Services to automatically access Third-Party
Personal Data in your possession, you acknowledge and agree that you have the
authority of the relevant third party for us to access and use the relevant Third-
Party Personal Data and that you have notified these third parties and informed
them how their information is collected and used by Gift of Legacy™ to provide
access to participation to the gifting activity. We reserve the right to identify you as
the person who has made the referral in any messages that are sent to them. We
may use Third-Party Personal Data to (1) contact such third party using the Third-
Party Personal Data provided, and/or (2) provide you with an editable template
message designed to facilitate communication between you and such third party
through the Services. In addition to sending the foregoing communications, we may
also send reminders or related messages to you and to third parties on your behalf
from time to time where permitted by applicable law. In each case, any such
communications sent to third parties using Third-Party Personal Data will provide a
means to “opt-out” of receiving further communication of the same nature.
23. Privacy Policy
.
If Gift of Legacy™ intends on using any Personal Data in any manner or for any
purpose that is not consistent with this Privacy Policy, we will obtain your prior
informed consent as required by applicable law.
Legal Requirements: Gift of Legacy™ may disclose your Personal Data if required to
do so by law or in the good-faith belief that such action is necessary to (i) comply
with a legal obligation, (ii) protect and defend the rights or property of Gift of
Legacy™ creator/s, developers, leaders and presenters(iii) act in urgent
circumstances to protect the personal safety of users of the Services or the public,
or (iv) protect against legal liability.
23. Privacy Policy
.
Cookies
When you interact with/through the gifting activity website, we try to make that
experience simple and meaningful. When you visit the Platform, the web server
sends a cookie to your computer or mobile device (as the case may be). Cookies are
small pieces of information which are issued to your computer or mobile device (as
the case may be) when you visit a website or access or use a mobile application, and
which store and sometimes track information about your use of the Platform (as the
case may be). A number of cookies we use last only for the duration of your web or
application session and expire when you close your browser or exit the application.
Other cookies are used to remember you when you return to the Platform.
Some of the cookies used by the Platform are set by us, and some are set by third
parties who are delivering services on our behalf.
Most web and mobile device browsers automatically accept cookies but, if you
prefer, you can change your browser to prevent that or to notify you each time a
cookie is set. You can also learn more about cookies by
visiting www.allaboutcookies.org, which includes additional useful information on
cookies and how to block cookies using different types of browsers or mobile
devices. Please note, however, that by blocking or deleting cookies used on the
Platform, you may not be able to take full advantage of the Services.
Some information on the types of cookies we use and how we use them is set out
below:
• Essential: Allow you to navigate and use all the features provided by our Platform.
• Advertising and Targeting: These cookies collect information about the pages you
visit online. They gather information about the pages that you visit or the functions
of the Platform you use, and also other information about other websites that you
visit, so as to place you in a “market segment”. This information is only collected by
reference to the IP address or unique device identifier that you are using (the
applicable cookie identifier) and also can include information about the county or
province and city or town you are in, together with the name of your internet
service provider. This information is then used to place interest-based
advertisements on the Platform, which it is believed will be relevant to your market
segment. This may result in you seeing advertisements for our Platform when you
visit other websites.
23. Privacy Policy
.
Your Choices
As mentioned throughout this Privacy Policy, you can visit the Platform without
providing any Personal Data. If you choose not to provide any Personal Data, you
may not be able to use certain Services.
Exclusion
This Privacy Policy does not apply to any Personal Data collected by Gift of Legacy™
other than Personal Data collected through the Gifting website. This Privacy Policy
shall not apply to any unsolicited information you provide to Gift of Legacy™
through the Services or through any other means. This includes, but is not limited
to, information posted to any public areas of the Services, such as forums or
comment sections, any customer support communications, any ideas for new gifting
rules or modifications to existing gifting activity, and other unsolicited submissions
(collectively, “Unsolicited Information”). You agree that any Unsolicited Information
becomes the intellectual property of Gift of Legacy™ to the furthest extent
permitted by applicable law, and agree to assign any and all residual rights or
interests that you may have in such Unsolicited Information to Gift of Legacy™ All
Unsolicited Information shall be deemed to be non-confidential and Gift of
Legacy™ shall be free to reproduce, use, disclose, and distribute such Unsolicited
Information to others without limitation or attribution to the extent permitted by
applicable law.
23. Privacy Policy
.
Children
Gift of Legacy™ does not knowingly collect Personal Data from children under the
age of 18. If you are under the age of 18, please do not use the Services and/or
submit any Personal Data through the Services. We encourage parents and legal
guardians to monitor their children’s Internet usage and to help enforce our Privacy
Policy by instructing their children never to provide Personal Data on the Services
without their permission. If you have reason to believe that a child under the age of
18 has provided Personal Data to Gift of Legacy™ through the gifting activity
platform, please contact us support@giftoflegacy.com, and we will endeavour to
delete that information from our databases.
Please also feel free to contact us if you have any questions about Gift of Legacy™
Privacy Policy or the information practices of this website-based Gifting activity.
Stokvels
Definition
A Savings or Investment Society, in which a group of people agrees to save
money together for a defined purpose, by way of contributing a fixed
amount of money over a specific period. The foundation is based on trust.
The concept exists all over the world. They are known as Chama in Swahili-
speaking East Africa, Tanda in South America, Kameti in Pakistan,
Partnerhand in West Indies, Cundinas in Mexico, Ayuuto in Somalia, Hui in
China, Gam’eya in the middle East, Kye in South Korea
What all Stokvel categories have in common is their social construct as well
as their money collection mechanism. All pool funds for a common
purpose. The nature of that common purpose, as well as the activities
leading up to and including the discharging of the benefit, is where the
differences exist. The types of stokvels have increased significantly from
rotational, grocery, investment, burial right down to social stokvels.
24. Why Is Gift of Legacy
NOT a Ponzi or Pyramid Scheme
.
Stokvels
History
Stokvels were originated during the 19th century by English settlers in
Eastern Cape (South Africa) as a rotating cattle auction and were known as
stock fairs. These were in – person gatherings, and attendance was key for
participation. This financial vehicle has since evolved into a unique financial
system created within communities by members and for members, built on
need, trust and a common goal for financial liberation.
Types of Stokvels
Rotational Stokvels Clubs
These are the most basic form of Stokvel, where members contribute a
fixed amount of money to a common pool weekly, fortnightly, or monthly.
Members would receive the lump sum on a rotational basis, and they are
free to use the money for any purpose. Such contributions are usually made
in cash; however, several groups are beginning to deposit funds into
member’s bank accounts.
24. Why Is Gift of Legacy
NOT a Ponzi or Pyramid Scheme
.
Stokvels
Grocery Stokvels
This category of Stokvels members typically contribute a fixed amount of
money towards the purchasing of groceries at the end of the year. The
Stokvel Buying Season peaks between the beginning of November and the
middle of December, and purchases are made at outlets geared towards
bulk purchases. Although some retailers are geared for Stokvel purchases,
most groups purchase from wholesale and Cash & Carry outlets. Some
groups save these funds in a Stokvel Club Account, while others save
directly with the outlets, who record these contributions and make stock
available for collection during the buying period.
Savings Clubs
In this form of Stokvel, members contribute a fixed amount of money to a
common pool on regular intervals, and each member receives a lump sum
equal to their monthly contribution at the end of the cycle, usually
annually. Typically, such funds are collected in cash, stored in a Stokvel Club
Account held at a bank. At the end of the cycle, these finds are withdrawn
and redistributed to members in cash. Although the handling of cash
introduces a security risk, most groups operate in this manner since existing
Stokvel Club accounts lack electronic money transfer capabilities.
Burial Societies
Burial Societies provide an informal but reliable form of insurance to help
members and their families with the costs of funerals. Burial societies also
provide practical support for the family during the preparation. This is
known as “izandla ([helping] hands)”. As a typical Stokvel, members
contribute a set amount of money at regular intervals, for a set benefit.
Burial Societies typically provide policies that cover the main group
member as well as family and extended family. Most groups are “self-
underwritten” while an increasing number of groups are opting to partner
with reputable insurance companies, to minimize their risk.
24. Why Is Gift of Legacy
NOT a Ponzi or Pyramid Scheme
.
Stokvels
Investment Clubs
Investment Clubs are established with the view of accessing opportunities
that with grow their pooled funds. This may be in the form of interest from
a bank account, buying stocks or establishing or taking part in a business
venture. The period of time the money is kept in the investment varies from
group to group. Error! Bookmark not defined.
Social Clubs
These types of groups pool funds to arrange social activities. This
entertainment may either take place at every meeting of the group, or the
group may save regularly towards less regular social activities.
Borrowing Stokvels
Such groups save money into a pool and use it to loans money to members
and sub-members. Borrowing Stokvels usually charge high interest rates for
the sustainability and profitability of the groups operational model.
Multi-function Stokvels
While some groups maintain the same modus operandi, others evolve to
include new functions as the bond between members is strengthened. At
times, Rotational Clubs will evolve to add a Savings Club function. A Savings
and Rotational Club may add a loans function, and a Grocery Club may grow
into a burial function for immediate members. Social Clubs typically
transform into Burial Societies and Investment Clubs, while successful Burial
Societies eventually invest their surplus funds.
What all Stokvel categories have in common is their social construct as well
as their money collection mechanism. All pool finds for a common purpose.
The nature of that common purpose, as well as the activities leading up to
and including the discharging of the benefit, is where the differences exist.
24. Why Is Gift of Legacy
NOT a Ponzi or Pyramid Scheme
.
An MLM strategy may be an illegal pyramid scheme. These are known as downlines.
In multi-level marketing, (MLM) the compensation plan usually pays out to participants
from two potential revenue streams.
The first is based on a sales commission from directly selling the product or service; the
second is paid out from commissions based upon the wholesale purchases made by other
sellers whom the participant has recruited to also sell product. In the organizational
hierarchy of MLM companies, recruited participants (as well as those whom the recruit
recruits) are referred to as one's down line distributors.
MLM salespeople are, therefore, expected to sell products directly to end-user retail
consumers by means of relationship referrals and word of mouth marketing, but more
importantly they are incentivized to recruit others to join the company's distribution chain
as fellow salespeople so that these can become down line distributors.
According to a report that studied the business models of 350 MLM companies in the
United States, published on the Federal Trade Commission's website, at least 99% of
people who join MLM companies lose money.
Reference: Wikipedia
24. Why Is Gift of Legacy
NOT a Ponzi or Pyramid Scheme
.
Ponzi Schemes
Both pyramid schemes and Ponzi schemes involve unscrupulous investors taking advantage
of unsuspecting individuals by promising them extraordinary returns in exchange for their
money.
With Ponzi schemes, investors give money to a portfolio manager. Then, when they want
their money back, they are paid out with the incoming funds contributed by later investors
.
With a pyramid scheme, the initial schemer recruits other investors who in turn recruit
other investors and so on. Late-joining investors pay the person who recruited them for the
right to participate or perhaps sell a certain product.
Pyramid Schemes
Pyramid schemes are illegal scams in which large numbers of people at the bottom of the
pyramid pay money to a few people at the top. Each new member recruited joins at the
bottom and works their way to the top.
To join, you may have to pay anything from a few Dollars to many thousands of Rands.
Pyramid schemes are usually designed for fraud and the founders disappear without a trace
soon after the scheme collapses. These founders often pop up in another part of the
country with the same plan, scamming people from that area. There is no rotation of
members. Those at the top stay at the top.
References:
Nasasa: The National Stokvel Association of South Africa / MSWSA: Money Smart Week
South Africa
25. Lawyers Letter
.
Investment Gift
Paid Earnings Gifter
Make Give
Profits Giving
Dividends Receive
Player I gave
Down-line I have gifted
Up-line I have received
Return Sharing
Net Participation
Paid Out Participant
Sponsor Activity
Sigh-up Community
Purchase Invitation
Took In Invited by
Paid Off Join
Play the Board Helping others
Play the House Golden Rule
Assured Buy Nice people
Sure Bet Register your gift
Earn Associates
Multiply Your Money Fellow man
Pay Kindness
Getting Paid Caring
Recruit Family
Buy-in Unconditional
Payout Generosity
Income Appreciation
28. GGM
(Gracious Givers Movement)
.
Graciously Giving Movement (GGM) is a non-profit company that was established
when Gift of Legacy was launched. As Gift of Legacy is not a company but requires
funding to exist, the custodians of Gift of Legacy decided to establish GGM to
ensure funding is channelled to the service providers of Gift of Legacy such for the
Developers and servers that are hosting Gift of Legacy globally. GGM is also to
support and assist beneficiaries globally. These beneficiaries being
recommended/requested by GL community / participants
GGM has been allocated 36 profiles at the launch of GL and these profiles needed
to be part of the GL system and be boosted by the migrated positions coming from
the precursor program. It is fact that these profiles are not all in a Legend position
all the time and as such GGM was to always be able to join the GL system with
more profiles. This was to be part of the fail safe of GL where GGM continuously
take up more profiles and thus ensuring momentum on the boards but also
increase its opportunity to be receiving gifts to pay the bills to ensure GL is healthy
and operational 24/7 365 days of the year.
Without GGM there cannot be a Gift of Legacy and so GGM is to be supported by
all in the community to ensure that GL remains operational.
28. GGM
(Gracious Givers Movement)
.
https://ggmovement.org/donate/
29. The Hidden
Secrets Of Money
.
A series presented by MIKE MALONEY as he travels the
world to uncover the Hidden Secrets of Money.
Episode 1: Episode 2:
Money vs Currency Seven Stages of an Empire
https://youtu.be/DyV0OfU3-FU https://youtu.be/EdSq5H7awi8
Episode 3: Episode 4:
The Death of the US Dollar The Biggest Scam in History
https://youtu.be/y-IemeM-Ado https://youtu.be/iFDe5kUUyT0
29. The Hidden
Secrets Of Money
.
Episode 5: Episode 6:
Where does money come from? The rollercoaster crash - Deflation
https://youtu.be/OQWMd_NPSBA https://youtu.be/8GP87dgTqF8
Episode 7: Episode 8:
Velocity and the money illusion Bitcoin Documentary
https://youtu.be/P4_1pwsm5LY https://youtu.be/9_P42VVboWM
.
PURPOSE FOR IMPACT SESSION – 12 March 2022
Our inspirational ‘Purpose For Impact’ session aimed to support
individuals to create and live fulfilled lives of impact by guiding them
in answering these three questions:
• Who I am?
• What do I stand for or believe in?
• What is the legacy of impact I want to create?
Aligning who you are (your self-worth) with what you believe in (your
core values) and the impact you want to create in the world (your
Purpose and legacy) is the key to create and live an authentic life and
career that inspires you.
https://youtu.be/NZZr97EtovQ
31. Self Development
Course (Petra Laranjo)
.
‘Living On Purpose. The Key To Change Your Life And Impact
Others.’ is an inspirational book to help you create and live a
fulfilled life and career of impact.
It is a popular resource used by business leaders to inspire
and empower their teams, re-programme mindsets, elevate
self-worth and show up with confidence and impact.
The book shares the insights and strategies of 40+ visionary
leaders – from CEO’s of listed companies to serial
entrepreneurs, world-renowned sports stars and even a
Hollywood A-list actor - who navigated personal challenges
by living a purposeful life of impact.
ORIENTATION – 8 Clips
PRESENTATIONS – 16 Clips
TRAININGS – 24 Clips
TESTIMONIALS – 8 Clips
FRENCH: Cynthia
2 September 2022
https://youtu.be/KnWes2RonJo
RUSSIAN: Anastasia
4 September 2022
https://youtu.be/3HZy0HE3NcI
SHORT “INTRO CLIPS”
90 SECONDS INTRODUCTION
10 Jan 2022
https://youtu.be/sxH-rCRN7cY
7 MINUTE OVERVIEW
1 March 2022
https://youtu.be/8LV_zD1tjvk
22 MINUTE OVERVIEW
26 August 2022
https://youtu.be/owcfkYrLNvM
GL Theme Song No 1
January 2022
https://youtu.be/LdMtOgDDxC0
GL Theme Song No 2
April 2022
https://youtu.be/mOXkeE8d8Vk
GL Theme Song No 3
August 2022
https://youtu.be/K3PD-kKH2cU
Doodly – 6 Min
4 September 2022
https://youtu.be/zFIuKo43d5g
Doodly – 3 Min
4 September 2022
https://youtu.be/AGbMDvNQmEw
TRAININGS
Stimulate Slow Boards: Work the Engine Room
Candz & Chris – 19 Feb 2022
https://youtu.be/FpUohEjLLi0
CRYPTO BASICS
Alan – 13 July 2022
https://youtu.be/S38c2-WwLWo
SYNDROMES: Part 1
Alan (USA), Candz (SA) & Mpho (SA) - 4 June 2022
https://youtu.be/JaV_-evXHTc
SYNDROMES: Part 2
Alan (USA), Candz (SA) & Mpho (SA) - 10 June 2022
https://youtu.be/TNKU9268xAQ
Payment Gateways
Alan (USA) & Candz (SA) - 27 May 2022
https://youtu.be/opR2GHzdU4o
https://www.youtube.com/channel/UCDC_xZNE-4hnlfwYTvdPmxg
https://www.youtube.com/channel/UCDC_xZNE-4hnlfwYTvdPmxg/playlists
.
You Don’t Have To See The Whole Staircase, Just
Take The First Step – Martin Luther King Jr
36. Taking Responsibility
.
Gift Of Legacy is an ACTIVITY which requires dedication, time and effort. What
you sow, so you shall reap. This is YOUR opportunity to put in as much or as little
time as you choose. What you put in is in direct proportion to what YOU get out,
the choice is yours. GL is NOT a get rich quick scheme, it is merely a potential
opportunity to work alongside your current main stream of income.
Fault vs Responsibility: “With great power comes great responsibility” AND “With
great responsibility comes great power”.
The more we choose to accept responsibility in our lives, the more power we will
exercise over our lives. Accepting responsibility for our problems is thus the first
step to solving them. A lot of people hesitate to take responsibility for their
problems because they believe that to be responsible for your problems is to also
be at fault for your problems. Responsibility and fault often appear together in
our culture. But they are not the same thing. If I hit you with my car, I am both at
fault and likely legally responsible to compensate you in some way. Even if hitting
you with my car was an accident, I am still responsible. This is the way fault works
in our society: If you messed up, you’re off the hook for making it right. And it
should be that way.
But there are also problems that we aren’t at fault for, yet we are still responsible
for them. We are responsible for experiences that aren’t our fault all the time.
This is part of life! Here’s one way to think about the distinction between the two
concepts. Fault is past tense. Responsibility is present tense. Fault is from
choices that have already been made. Responsibility results from the choices
you’re currently making every second of every day. You are choosing to accept or
reject the concepts, but you are responsible for coming to your own conclusions.
There’s a difference between blaming someone else for your situation and that
person actually being responsible for your situation. Nobody else is ever
responsible for your situation but you. Many people may be to blame for your
unhappiness, but nobody is ever responsible for your unhappiness but you. This is
because you always get to choose how you see things, how you react to things,
how you value things. You will always get to choose the metric by which to
measure your experiences.
36. The Serenity Prayer
.