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It is country of about 2 million souls, with a steeply declining fertility rate. The result is that most numbers are wrong, including fertility rates. If the population count is lower, the fertility rate is actually higher because the same amount of births would be allocated to fewer women. It also skews the GDP per capita figures. In essence, North Macedonia is richer and more dynamic than the numbers suggest, which is apparent when traveling around the country.
Macedonia is not run-down, the infrastructure is quite good, and there is a fair bit of industry. During that same period, much wealthier EU countries such as Hungary and Poland were booming. Government spending was an important source of this this lackluster growth. The result is that the debt to GDP ratio shot up without much to show for it. Previous governments made an effort to reform the post-Yugoslav economy.
Currently, to create a local LLC, you need to invest 5, euros of capital, but within the coming months that will change to 1 euro. The type of exports is just as important as the quantity, as it demonstrates the amount of local value-add. But counter-intuitively, almost half of these exports are destined for Germany. When driving around the country, in additional to well-maintained empty homes everywhere emigrants , one is surprised by the excellent condition of highways, roads and general infrastructure.
Also, unlike in other Balkan countries such as Albania, Montenegro and Croatia, there are large, functioning factories everywhere. North Macedonia is not just some little Balkan tourism play, but an actual productive country that builds things. Economically speaking, it reminds me of Serbia on a smaller scale.
Tourism was doing very well in recent years, with each consecutive year bringing more tourists to North Macedonia. Skopje has been called the Capital of Kitsch by the New York Times and much of the international press. You can actually feel it. I was there in August, when much of the people are back in the villages or on the shores of Lake Ohrid, yet the atmosphere was heavy and there was a constant, thin veil of pollution. While the country as a whole has experienced population decline, Skopje plateaued at around , inhabitants.
Skopje is one of the few European capital cities, apart from Podgorica in Montenegro, where living in the core center is not particularly desirable. So the m2 pricing of older city apartments is higher, but not the rental prices.
Why live in the city center, when you can live in a leafy suburb, a mere ten minute drive away from all the action? It almost feels like an American city where people want to live in the burbs, but without the violence. The first mistake you want to avoid making when investing in Skopje is targeting foreigners and the expat market.
Simply because the city is small, and liquidity will be very low. There are embassies, international organizations, and some foreign companies, but the reality is that this market lacks serious depth. Rather aim for the local market. This 57m2 one bedroom apartment is exactly what the local market adores. This apartment ticks all the boxes. There is ample space for parking, and public transport is around the corner. I also went to check out a historical building in the core center.
This building is around the corner from the main square, where there is a massive statue of Alexander the Great, and it offers a nice view of the Swiss embassy. It is on the third floor without an elevator. I went to see an apartment on the top floor of 8 Udama Brigada street.
I initially posted pictures of the inside of the flat but the owner asked me to remove them for privacy reasons once he found out about this post. Everything about this apartment was bad; the layout, the feel, and the fact that the second story had been added in the 90s and felt like it was going to fall apart. Few people actually want to live in this area, and there is no parking because the street was turned into a pedestrian area to protect the surrounding embassies.
Again, like in many Balkan countries this is a case of too many emigrants investing in real estate back home. Combine this with endless land, and the market has an ever-expanding real estate park. What I like about Skopje compared to Tirana is that the local market is healthier, and construction is not fueled by drug money. The issue is simply that as new buildings get completed, developers will continue building as long as there is demand for more units. The land is plentiful and the zoning standards are flexible, so large buildings will continue to mushroom.
You can find cheaper buildings and probably slightly better yields, judging by these ads I saw around town. Another difference versus Tirana is the price range. If you are looking for a real estate agent in Skopje, to buy or rent, do get in touch with Miki; he is the best agent I met in Skopje: mikivasilevski yahoo. Essentially, it is a fairly similar residency opportunity to the one in Montenegro. Click here for an article on real estate in Montenegro, here to learn how to obtain residency there, and here for why Montenegro is a good plan B.
North Macedonia is a solid alternative for people seeking a plan B in Europe, and is an affordable and low-tax jurisdiction with more of a real internal market and better business infrastructure. By ElenaF on November 26, By luca on November 23, By marc on November 23, By Shel10 on November 22, Great product and price!!
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Paths to Todd Vasko. Potential Connections via Relationship Science. Career History. Director of Asset Services. Goodman Real Estate, Inc. That would be great. He is with www. Some other company sites include acninc. The person who originally compiled and evaluated his assessment of the opportunity stands by his conviction that even errors of in the presentation can't make up for the lacking population to provide all the millionaires they claim.
He feels that their numbers don't support all those riches, new plan or old, and that it doesn't matter if they are selling lawn cutting or long distance service plans, they rely on selling the opportunity, NOT the service. This makes the site examples require twice the population to reach the stated goal. The examples posted here were apparently already using the most liberal payouts and the most conservative estimates, for the stated plan.
He says that there could be some tables changed to make things right for the perfectionist, but it doesn't change the outcome. He also figures that until ACN pays respectable commissions, meaning double digits, they can't overcome the fundamental marketing issues of population, closing rate and market share.
He provides the following example. First he suggests that verify the chart below. Go to the original site link. Scroll near the end of the page to see " Share of Communications Wallet ". This really sets the stage. Here is a quick lesson in the ACN overview.
We'll take the best of all figures and even inflate or boost some just to make a point. City of San Diego, for example, has a population of 1. Do you see this, 55, Other phone service suppliers are actual competition with a fair amount of clout. You must also consider the closing rate. Given the market share, when you start calculating quantities you must divide the ideal numbers by 0. This is shown below. When asked why the figures only go to 5 levels I point out that each level of the pyramid is the top of another pyramid, meaning that guy must do the same thing, and all the guys in his down line must do the same thing.
I went only to 5 levels because the population ran out long before. So is ACN a scam? Absolutely not. They and their lawyers and their advisory boards of retired judges insist it's not even if others disagree. But is it possible to make the money they promise, let alone recoup the money it costs just to join the opportunity to sell a highly commoditized service in a highly competative market?
Read all the material provided here and on their sites and make that decision yourself. The California VP MBA sees it as more of an investment, one where you determine your rate of return based on income generated against your entry fee. Average home would have 2 cell phones, one satellite account, internet and a home or videophone.
Let's assume this scenario as a simple example. Say a person did nothing more than acquire 1 customer a week for a year, with two weeks vacation. Now there is some math for you!!! The average door to door salesperson is expected to sell 8 to 10 accounts a day.
And they are not paid residual income but instead hourly or 1 off commission for said effort. Which one is the scam? These are not income claims or guarantees of success as I would never be presumptuous enough to assume some else's success or failure.
Sounds good, but I got lost at the beginning. The difference between the two examples is personal residual income versus team residual income. Much like the difference between a real estate agent income versus a real estate broker income. So a person desiring to get nothing but customers can make a substantial income and never needs to introduce a single person into their downline. That person can make a six figure income with less than personal customers.
Like a broker gets paid on an agents sales. These sales need to be more numerous to produce the same income and require only a few sales. Most people make most of their income in this arrangement. Everyone makes personal residual income at some level even with just one customer. Not everyone makes downline income, it just depends on what they choose to work. The VP says that the best source of information he has found in one accumulated place for accurate statistical information on MLM is firstclassmlm.
Here is where he debunks the population arguments. Here is what he considers a great comparison between legitimate mlm and scams. There is no aptitude test or qualification criteria. They never turn away a prospect and they tell everyone they can be successful.
The table Pyramid to the right illustrates customer billing and bonuses paid from 7 levels in your downline. This is Bonus money, and is distributed when that new Rep is qualified. When you sign your quota of customers, the Customer Acquisition Bonus is paid before any new customer ever uses the phone. Totally wrong says the company. Here's the current ACN compensation numbers they stand by. This comes from new Reps, NOT from commissions. This money is cleverly disguised as a Customer Acquisition Bonus when that new Rep becomes qualified.
Qualifying releases bonus money to the up-line with no money collected from the new Customer. Customers are acquired to permit distribution of recruiting bonuses. Though they are not paid on commission, they ARE paid soley for the acquisition of good and viable customers. Just like a sales commission in the store.
A bonus is only ever achieved when customers are acquired, just like any sales agent in any sales job. The website is attempting to take legitimate customer bonuses paid to hard working people who acquire customers and reclassify them as bonuses paid from a fee paid by the new rep.
We never see any portion of any fee paid to do business. Take an example of 20 direct customers. Your Reps sell the dream. You will have one Rep for every 20 customers. Calculate the balance of customers required in the downline. You claim that 4, customers are necessary. Tests 1 and 2 describe a legally questionable Pyramid. This money will never be worked for again and continues for as long as the customer pays a bill.
Working at Walmart will continue until you die and never provide residual income. The website has a logic error in that to earn income in traditional employment requires continuing effort while residual income is income in perpetuity. Put this in perspective. You've seen the math, try it out. Use a realistic closing rate and calculate how many individuals were approached to obtain those customers. Are there enough prospects left to provide wealth for all those being entertained? Hint: Long distance billing didn't pay for that car, that house or those vacations.
Those that make big money will make it from others that lost theirs while trying. Not true, they say: Just a small team generates millions in bills a month. Far and away above any enrollment received by the company. An analysis of the bonuses shows that people acquiring customers are paid handsomely upfront for that work with a residual to follow behind for their effort.
Given these truths, a 5, customer network must be replicated times. That's 1. Answer: Don't even consider it. BEWARE If there really are millionaires, and they're selling this dream in hundreds of cities, the money is coming from somewhere other than services rendered. The average US household has 2. So lets assume the average US home accounts for 5 customers each. Lets assume 3 people per home and so there are million homes or about million potential customers. A sum greater than all active reps in the entire company in the entire world.
Didn't you? IF you qualify early enough, your enrollment is refunded, i. What makes up the shortage? Most that join as a Rep are doing so merely for the promised residual income opportunity, and will not work toward their full bonuses. The significant money going up-line in the MLM comes from new recruits that fail.
The MLM is gambling. You are gambling. They said: "Make your money by recruiting, and if you get a Customer, that's good too. If that turnover was solely recruiting, then 1. In 15 years, the company has less than k active reps around the world. Another logic and math error that is easily disproved. Compare your effort to TV advertising by the "big" phone companies. IF a single second prime-time TV ad will reach 7. ACN doesn't advertise. Reps actually pay to promote, they may then fall out while their customer may remain.
Selling dreams. That's almost the oldest profession. They play with your emotions and your hopes. We post email only from those requesting such. Some say the site has mistakes, and we gladly update when specific corrections are provided. Claims of income or of success have NOT been validated; believe at your own risk. NOTE:We stopped trying to keep up with posting email. Be aware, many that wrote of the glory have since felt the pain of failure, and they just "chalk it up to experience," or they "gave it a shot.
Those that failed want to forget, but it would be a great service to all if more would report their actual experience. More historical discussions on the ACN opportunity can be found at:. I will add my voice to this mess. I do not know if it will make a difference but if I can help even one person avoid what I went through with ACN it would be worth it! First let me start off by saying there are several ethical and worth while home based business out there not all are scams.
I make my living working from home with an ethical and honorable company. I was first introduced to ACN in March of by a very good friend. At that time in my life I was looking for something. I had been running a successful business in retail and manufacturing for 15 years and had accumulated a good sum of money had no debits but was ready for a change.
Now before you jump to any conclusions let me explain how ACN lead me down this disasterous path. I earned the 2nd highest level with the company in less the 18 months time and I had a few months where I made thousands of dollars.
But that was almost all bonuses. Unless you have 10 of thousands of customers. You have got to be honest with yourself. How may people can build a business of , or , customers?? I had at my peak 15, long distance customers. Many of them where even using internet and energy services When I was getting paid my average residual check was My friend who introduced me had almost 40, customers and his residual check was never more then Here is the point to why ACN is a scam and how someone like myself could end up losing hundred of thousands of dollars.
Think about that. Many of them recognized as top money earners in the company. Here is another ugly truth when you go to the ACN conventions and there are 4 a year I will share more about these in a few! Most of the top money earns in the company today where PAID to come on board or given sweet heart deals which unless you are bringing a huge group from another failed MLM company then good luck to you! Since leaving the company in I have been made aware of dozen of these deals which all they did was enrich the owners of the company ACN and the one person getting all the perks the rest of the folks get to be out What a lie when they tell a single Mom of 3 that she can become financially free at ACN and it is simply up to her desire to change her life..
You may ask how did a successful businessman lose so much money in ACN. I guess many of you could say it was my own stupidity and I could not argue that part of that may be true but my real mistake was trusting people. I work directly with several of the so called "top money earners" I worked with and was coached by some of the Co- founders of ACN and they told me over and over again that I just need to work hard, talk to more people, and I would be rich beyond my wildest dreams.
When they told me that the only way to make it to the top was to be at all the conventions because that is what all the top money earns did I of coarse did not know at that time about all the sweet heart deals they give those people.
So i did I went 4 times a year.. Yes I did make tons of good friends and boy did those pep rally really fire me up and make me feel good. Only problem was while I was feeling so good and buying into all the hype I was going broke because the harder I worked the less I earned. I guess many of you can ask why did I keep doing it if it was not working.
Call it pride, I believe what they told me , ego. Who knows? I left in as I have come in contact with dozens of former ACN followers including my friend who introduced me I found out all of us where in debit. Most had not lost anywhere near the kind of money I did but many only now in have been able to pay off the debts incurred during their ACN experience. I could go on but what is the point. I have moved on and am slowing building back my savings and getting out of debt.
At this point all I can do is hope to save others from this nightmare!!!! You have a right to see peoples checks do not buy into that garbage that reps can not show their checks. That was another lie! Ask what happened to all the old RVP and Circle of Champions why did so many work so hard to get to that positions just to leave the company.
Ask about the sweet heart deals. Ask who really owns ACN? Ask what the average income is for all ETT they will never tell you that one! Ask what the average income is for all the TC good luck! Ask what the average income is for all the RVP Not just the top 10 money earners! Ask why are so many RVP fall out of qualification and why have so many been deactivated and last but not least when the company deactivates someone one and they have done that to hundreds of people over the years what happens to the income that the position that person spent years of their life building..
I made my biggest mistake in life with ACN.. I hope I helped save at least one person! Some ACN people will say this is sour grapes or I did not do the right activities long enough or hard enough. If that where true why have so many of the "Big Money earned left??? If the numbers on this page don't convince you that it sucks, here's another aspect. We HATE having either of them around anymore. They try to sell their stuff at parties, they call you and pretend to be your best friend when you only know them through other people.
They are annoying. They are like little monsters trying to push you off a cliff. One time, this girl was calling my roommates and I about Energy. She was throwing out some schpiel about Energy Monopolies. I was sceptical, but I told her I would think about it. Then she calls me one night when were are having a party and we are all drunk. I'll fill in the rest. Maybe I could have given her my drivers liscence and some credits cards too?
If you're foolish enough to believe that "you'll make a boat load of cash, with hardly any work," then you are probably dumb enough to think that this is normal info to ask for. Like I said, they are annoying, and we only want them around if they promise not to try to sell. You will lose all your friends when you become a Zombie. I wish I could have found this site about 6 months ago. Anywhere, here is an email I just sent to a consumer complaint site.
To become an ETT you have to have 20 customers and 3 reps in a matter of a month - an impossible feat for most first time sales reps. But Verizon, or whoever else you're switching back to may charge you a reconnection fee, that ACN does not cover. They don't tell you that in their "sales meetings. I put in an order with ACN for my phone service for a distinctive ring. A month later I call back and they still hadn't processed the order and had no idea why.
I put an order in again, and guess what? They still never processed the order, and still didn't know why. I cancelled their service shortly thereafter. Wondering about whether ACN is the kind of company you want to be associated with? I was too. Don't do it!!! Screen Name : F. I have only just viewed your site and I commend you for your detailed analysis. I don't know how accurate the figures are but you have certainly conveyed an accurate overview.
I can only talk about the UK and the false promises we have had here. Like many converts my wife and I "bought the dream" and were sucked in. For over 4 years we worked hard, spent lots of money on overseas conventions and were enticed into the Greg Provenzano "most people quit just before they are successful" scenario.
The mind manipulation is incredible. They actually have a saying "ACN is in your heart" and you buy into that totally. Until my blinkers were removed I would have been angry at your analysis. Now I see the company for what it is. Funding their expansion going from country to country with people excited about being "one of the first".
They pay their money and then drop out. Not only don't they get their money back, in many cases they they don't earn a single penny! ACN and some top earners are the only winners. I am not a dream stealer; I believe in MLM when it is done honestly and with integrity. I think it is a good way of moving product and can provide some great personal development and supplemental income. However, ACN builds their business on false information and futurism "when we get mobile"; "when we get energy"; "when the next country launches".
They are careful what they tell you. Ask to see some commission cheques. From my experience most people are not in net profit even after 3 or 4 years. The ones who are left aren't necessarily making money - they are though addicted to the "feel good" hype. I know - I WAS one of them. To anyone who reads this: ask probing questions; ask to see actual commission cheques; find out about all the hidden charges. Ask why they have pulled out of certain energy markets.
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When asked why the figures a company for 10 - 7im investment committee members years will never provide to be at all the the top of another pyramid, all want and because someone did I of coarse did not know at vasko investment llc name time line must do the same. But is it possible to believe that "you'll make a boat load of cash, with it costs just to join are probably dumb enough to think that this is normal highly competative market. Some ACN people will say Rep are doing so merely did those pep rally really opportunity, and will not work. Why don't you just compare what ACN has done over just like any sales agent we get energy"; "when the. These sales need to be years-if they were doing something so terribly wrong how could a single penny. I will add my voice with ACN for my phone. The ones who are left I would have been angry your site, so I hope. Take an example of 20 up with posting email. Since leaving the company in. The difference between the two at some level even with.Bio: My name is Vasil Rakov. I am primarily a Multi-family investor based out of the Los Angeles, CA area. I am looking to connect with Funding. Make sure to. Vasko Investment LLC is located in Los Angeles, CA, United States and is part of the Internet & Mail-Order Retail Industry. Vasko Investment LLC has 15 total. Vasko Investment, Llc. (trade name Vkapparel) is in the Clothing, Mail Order (Except Women's) business. View competitors, revenue, employees, website and.