Jack
Birmingham,#2UPDATE EX-employee responds
Sat, September 27, 2008
Hi 'seen the light' was interested bout what you had to say about Mike Blaine... How did he get to owner and how did he get to VP? Because I've heard stories about other people getting offices without getting promoted by building a crew. I was there for 4 years and gave my life to the company... I won't go into details, same old same old. I was interested when I read your comment though... I know you probably won't want to go into loads of detail but... can you shed some light on what it was like being an owner in Cobra... unfortunately not enough ex-owners write on these sites to explain that being an owner really isn't all that. I think the owners are in a worse situation than the FR's/IC's... they have to spend a fortune to look like they have a fortune, when in fact they don't. What's your story? Look forward to reading it!!
Seen The Light A Long Time Ago
Hawthorn,#3UPDATE EX-employee responds
Thu, September 25, 2008
Hi James, I can tell you that those names are all companies directly linked to the Cobra Group, owned by Chris Niarchos, squillionaire and Ferrari racing car driver, who now lives in the UK. He opened his first australian office in alexandria in the late 80s. he came from canada, where WWI (Wholesale Warehousing Industries) was started by Murray reinhardt, Larry tannenbaum and Avie Roth. Also all now squillionaires. Larry owns the Toronto Maple Leafs and is a big shot in canada. Google these guys and see for yourself. WWI changed its name - worldwide - to DSMax in the 1990s and later it split into Clearance (toys, products etc) called Innovage, and Granton Marketing (called advertising but really sales of discount coupons... 2 for 1 restaurant deals etc), Books and others I can't be bothered mentioning or remembering. Niarchos also has Appco Direct (where they "churn" customers from one electrical, cable TV or phone company etc, to another for a fee, and Support Direct where they take donations for charities - for a fee. A few years and name changes later everything is still the same as I remembered it back in the 90s. Lies, deception, trickery, and a deceitfully one-sided, warped view of any other "job" that was outside the Cobra/DSMAX/Innovage sphere. Oh, yeah, and every job they advertise is for door-to-door sales of some description, unless you want to be the (often very good looking) girl they get to answer the phones. Biramint was, I think... if memory serves me, owned by Simon Wright, an old owner who was continually closed down, retrained, had a break, re-opened etc. I think he was around when Chris first opened in Sydney. Simon was also married to Sue Wright, Chris's first Administrator. The name may have been owned by someone else too, but it has been around since the late 80s. No idea if it was a furniture company previously but who knows - if it was cheaper to get a used name I'm sure they would have. Redhaven was the name used by Mike Blane when he took over the first office that started advertising in Melbourne. He was a backpacker who had previously worked in the Alexandria office in Sydney. He is now the Managing Director of the Cobra Group worldwide and lives back home in the UK - another squillionaire. And one who didn't get his job the way all the other "owners" do - ie by building a crew. Booksmart was owned by Doug Thompson, and American traveller who moved from Sydney to Melbourne to open up a books office there. (They sold cheap books door to door) Don't know what happened to Doug but he disappeared from the scene after a year or two. The other names I've heard but I'm unsure of the owners - probably guys who closed down after running failed offices. Anyway, as an also bitter ex-employee, I agree, James, boycott all these people who knock on your door and try to sell you something. It's better to put them out of their misery now, rather than prolong the agony... and it might be the only way to stop the big guys from profiteering unconscionably from others' misery. And yes, I was an owner for four long years a long, long time ago. Amazing how everything's still the same with this company. And about the same number of offices as they had 10 years ago, from what I can figure - where's all the expansion?