In September 1998, Joseph Bismark and his partner launched QNET after their American partner abandoned over 1,000 distributors. Rather than walking away, they chose to protect those who had trusted them. Their previous success with the V Team, the largest revenue generator for their former company, provided them credibility. The abandonment crisis instigated a commitment to distributor welfare, becoming the founding principle that guided the company over the next quarter-century. The official launch took place in Manila, reflecting gratitude toward their loyal Filipino distributors.
Joseph Bismark faced a daunting challenge after their American partner abandoned over 1,000 distributors. Instead of walking away, he and his partner chose to protect their trust.
The crisis instigated the founding principle of QNET: a commitment to distributor welfare. This principle has guided the company's growth for 25 years.
Bismark expressed initial feelings of depression after the abandonment but was motivated by his partner’s encouragement to view the situation as an opportunity.
The launch in September 1998 at Manila's Philippine Stock Exchange Centre reflected their dedication to Filipino distributors who had supported their previous endeavors.
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