50K Profits Review – Legit Opportunity or Another Scam?
Welcome to my 50K Profits Review!
Whether you are new to the MLM world or you have been around for years, joining a new company is always a big decision.
So what should you do before making this decision?
Reading reviews is a great start, so I’m glad you are here!
My review will cover the company, the products and the compensation plan.
Let’s get right to it!
50K Profits Review – The Company
Upon my first visit to the 50K Profits website, I discovered that “John and Lynn” are listed as the owners of the company.
A little more searching and I found that “John” is John Toth.
Toth first came on the MLM scene in 2015 as the admin of 20K Profits.
20K Profits was a $20,000 cash gifting opportunity that currently has a non-responsive website and seems to no longer be running.
Before Toth launched 20K Profits, he was an affiliate with Inspired Living Application and Bioceutica.
50K Profits Reviews – The Products
50K Profits does not offer any retail products or services that are associated with the MLM income opportunity.
However, affiliates who join are given access to Business Success Alliance branded “digital education products”.
The 50K Profits Compensation Plan
Affiliates who wish to take part in the 50K Profits compensation plan must purchase $500 to $50,000 “licensing” positions.
- Bronze – $500
- Silver – $2000
- Gold – $3500
- Platinum – $7500
- Diamond – $15,000
- Elite – $25,000
- Empire – $50,000
Affiliates earn commissions when they sponsor new affiliates.
It works as a direct payment, with new affiliates literally paying the affiliate who sponsored them.
50K Profits tracks their commissions through a unilevel compensation structure.
This type of compensation structure puts an affiliate at the top of a unilevel team that places every personally sponsored affiliate immediately under them on level 1.
When a level 1 affiliate brings in new affiliates, they are put on level 2 of the original affiliate’s unilevel team.
When a level 2 affiliate brings in new affiliates, they are put on level 3, etc.
When a new 50K Profits affiliate joins, they must pass up the equivalent of their own buy-in to the affiliate who sponsored them (with the exception of Empire affiliates).
For example: An affiliate buys-in at the Silver level for $2000; they must pass up $2000 from those you sponsor until it is paid off.
This $2000 can come from 1 Silver affiliate recruit or 4 Bronze affiliate recruits.
Residual commissions can be earned when affiliates below the Empire rank bring in new affiliates who buy in higher than their own rank.
The commissions that are passed up will be the monetary difference between the recruiting affiliate’s rank and that of their upline.
For example: If you are an Elite affiliate and a downline Gold ($3500) affiliate sponsors a new Diamond ($15,000) affiliate, they will only earn $3500, and the remaining $11,500 would be passed up to you.
However, if you were at the Gold or a lower level, the remaining $11,500 would be passed over you and up to the first qualified Platinum or higher ranked affiliate.
Upline affiliates who are receiving these payments would be given their corresponding rank payment difference until the entire remaining balance (in this case $11,500) is paid out.
You should also note that residual commissions are lost on affiliates passed up.
Cost To Join 50K Profits
The cost to join 50K Profits as an affiliate is the price of a package purchase, which is between $500 and $50,000 (plus licensing fees).
The moment you have been waiting for in this 50K profits review….
Verdict On 50K Profits
Overall, the company isn’t any different than the previous company called 20K Profits…
You think launching a new company second time around, you will actually improve it which adds value to people…
Honestly, the fate is going to be probably exactly the same as 20K profits and that’s why I don’t recommend this personally.
However, you can do whatever you want, the choice is yours end of the day.
I hope you enjoyed my 50K Profits review and if you have any questions, leave them in the comments below…
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