Having spent 25 years in the industry, having built some of the largest, fastest growing, and most successful groups in the industry over that time with my partner, and doing my fair share of consulting as well, I'm constantly amazed at people who jump into illegal "money games," people who know better, but do it anyway in addition to others who don't know any better, but buy in due to the hype, excitement, lure of easy montey, and in many cases, a low cost of entry...
The latest one making the rounds is 2plus7, the $27 moneygame just now launching that's another skybiz just waiting to happen! (Skybiz was another internet "deal" that was eventually shut down, with distributos outside the U.S. having been prosecuted, fined, and in some cases jailed because of their promotion and participation in the program.)
You'd think people would learn, but they don't!
1) Straight lines have been done before and they don't work, i.e., WorldTronix, Oneline.cc, and others; and
2) matrix plans don't work-only one company in 50 years has had any significant long term success, one! Even that company has had to modify their pay plan on numerous occasions in order to keep their top leaders, many of whom left anyway.
So, they've put 2 concepts that have been failures into one pay plan...LOL...they did it for a very good reason-they knew that it would help to generate quick results, and with a low cost of entry, they could sucker a lot of people in and generate a lot of cash quickly...
In addition, this is nothing more than a glorified money game marketing a monthly membership to overvalued software and information that people can find for FREE all over the Internet...the lottery ticket networking crowd will jump on it, hence the initial numbers, but mainstream consumers won't... this has so many red flags their company color should be red...their ratio of distributors to customers and percentage of income earned on the revenue from business participants to non-business participants is going to be so top heavy, that regulators will have a field day with them!
It's another Skybiz just waiting to happen! It's already had warnings issued on it in India, and distributors are promoting "it's a global opportunity," "we're in 64 countries," and yet, the haven't done the due diligence, the paperwork, the registration, and various other requirements in order to legally promote the opportunity in all those countries..it would take several years and 7 figures to do it..
Herbalife has been around for 30 years, Amway over 50 years, both billion dollar giants, with in house legal teams and big money behind them, and they're barely in that many countries, after 30-50 years...
Most importantly, countries like Canada and Australia (where this deal has not done what's necessary to be compliant) are now not only shutting down programs like this, they are prosecuting distributors for promoting them, with fines and short jail terms being levied!
Good luck...if this thing lasts more than a year or two, it's going to be due to sheer luck..Why am I not surpised that I got hit on this here at Adland Pro, as it seems to now be ground zero fo all the money games being disguised as a network marketing progam..you know the ones..low cost of entry...claims that you can make money without sponsoing anyone, or doing anything, with no qualification requirements to earn your income, all of which actually makes it an ILLEGAL program!Oh, and I forgot, the claims of "spillover," which actually decrease as you go further down in a matrix..
Well, off to focus on building a real network marketing business..
Ken
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