I couldn't resist to publish an article about this :)

As you know recently RogerVille collapsed, and I was particularly amazed by the update provided by the admin, blaming members for this failure:

It is with mixed emotions that I inform everyone today that RogerVille has to close today. I watched as the deposits declined the past week. Now it has reached its last day online, with only less than $100 deposited today and about the same yesterday and some hundreds the past weeks. The support that RogerVille has received has declined by a huge margin. This is because of the thinking of many that at this stage a program is not worth depositing more into anymore because it has reached 30 days? Well I hope this attitude of depositors stop soon because this is what killed RogerVille. It may be applicable to some sites but supposed to not be on RogerVille.com.

Please be advised that the deposits today are to be refunded fully. And that is all that we can do as you know this is how I handle sites I have when I close them. No refunds are issued because everyone knows what they are getting into and not an investment site. Everything up front and all cards laid in front of you.

You know how serious I am when I manage my sites and yet some still do not play it with me. We had a good site going but the terrible attitude of too old, too late thing killed it. Next time please, when I am the admin, be assured that I will only manage the program properly and so you can continuously support it so we can make a long lasting program.

We just need to eliminate that attitude that kills programs.

So, he is blaming members for taking an hit-and-run strategy, and not reinvesting.
Although this is right, why don't he also take a look at his own flaws:
-brought the program when there was a dominant short-term program (TrueEarn), that had better plans and already had the "dominant" status that provided it a good life.
-also, due to recent collapse of almost all long-term programs led to a survival instinct on investors, leading to a bigger number of hit and runners;
-so, shame on hit for not taking serious measures to avoid hi and runners;
-also, why didn't he avoided a huge launch? He could have a longer program if he aimed for a slow and steady growth until it reaches the "dominant" status, where people aren't afraid to reinvest;
-instead of being innovative, he brought "the same old story"...


So, yes, members caused a short lifespan of RogeVille, but his update was totally unnecessary, because he should look first to his own flaws!

A well managed site will surely last much longer. Don't believe? Then look at thevaults.net, a surf program that offers from 120% to 144% after 12 days.
And...it is online for at least 6 months (judging by the forums). Oh, and supposedly surf industry is dead lol.

How could this program last so long? It simply used a clever system to promote a reinvestment mentality and avoid hit and runners.
Basically you had to start in the 10$ plan and when you finish it, you are allowed to invest on 20$ level, and so on until you reach 1500$.
Of course starting with 10$ doesn't please everyone, so you are allowed to have multiple accounts, although you have to met the surf requirements to earn on each of them, which is a barrier for those users wanting to have tons of accounts to avoid this level-by-level system.

Important note: vaults recently added "investor" plans of 50$ and 100$, allowing new members to avoid the requirement of starting on 10$ level. It could hurt the program, but the admin told on forum that the site is in good health to allow these plans, and I tend to agree with him, because after all this time online they probably have now good reserves, and there is an important catch: with these plans you are not allowed to upgrade to bigger levels.
Usually new plans are bad sign, but maybe this isn't the case.
Anyway, proceed carefully if you decide to invest on it.


So, Roger, learn with this program and implement a similar system on your next program to incentive people to reinvest, and remember that the longer the program stays online, the bigger will be support (reinvestments) from members.

But this article isn't over yet (sorry if I am boring you lol)....
Look again at the update and see the parts that I changed to bold:

" No refunds are issued because everyone knows what they are getting into and not an investment site"

and

"continuously support it so we can make a long lasting program."

Lol, Roger surely knows how to incentive people to support him next time xD
Basically he tells "those of you that supported me....well bad luck, no refunds!" and then tell to support him next time.....
Maybe if he tried to refund as much he could to those members in loss (even a small refund would be better than nothing), then next time people would support him more.
Instead...he is incentiving people to hit and run even more on his next programs.

That's why I told at beginning of this article that his update was totally unnecessary.