Cycles of Wealth Review – Legit Business Opportunity or Big Scam?
Welcome to my Cycles of Wealth Review!
There has been some online buzz about this company lately, so I decided to check it out for myself.
New MLM companies are popping up every day, so it’s important to determine which ones are legit and which ones aren’t.
One of the best ways to do this is by researching the company and learning everything you can.
This review will provide you with the information you need about the company, the products and the compensation plan.
So let’s learn more about Cycles of Wealth together!
Cycles of Wealth Review – The Company
I couldn’t find any concrete information on the company website about who owns or operates Cycles of Wealth.
I did find out that the Cycles of Wealth website domain was registered privately as “cyclesofwealth.com” on the 31st of January, 2017.
A quick visit to the official Cycles of Wealth Facebook group revealed that Cosmos Garcia is listed as the sole admin.
I checked out the Cosmos Garcia account, but the page has no content.
Not too much to go on…so let’s move on to the products.
Cycles of Wealth Reviews – The Products
Cycles of Wealth does not offer any retail products or services.
Affiliates who join Cycles of Wealth can only market and sell the affiliate membership.
When an affiliates signs up, they are required to invest in matrix cycler positions.
Every cycler position comes with various ad credits, which affiliates can use to display advertising on the company website.
The Cycles of Wealth Compensation Plan
Affiliates who want to take part in the compensation plan must invest $5 in a four-tier matrix cycler to earn an ROI.
Cycles of Wealth utilizes a 4×1 matrix, which required 4 additional position purchases to earn the ROI.
- Cycler 1 (positions cost $5) – Pays a $5 commission and cycles into Cycler 2
- Cycler 2 – Pays a $10 commission and cycles into Cycler 3
- Cycler 3 – Pays a $20 commission and cycles into Cycler 4
- Cycler 4 – Pays an $80 commission and generates eight new Cycler 1 positions
Affiliates must reinvest 20% of all ROI payouts into new cycler positions.
There are also referral commissions to be earned on cycler position purchases that are paid out down 3 levels of sponsorship (unilevel):
- Level 1 (personally sponsored affiliates) – 7%
- Level 2 – 5%
- Level 3 – 3%
Cost To Join Cycles of Wealth
The cost to join Cycles of Wealth as an affiliate is the purchase of at least one $5 matrix cycler position.
Verdict on Cycles of Wealth
So here we have yet another MLM that doesn’t offer any real products or services…
Affiliates must invest more and more money in order to receive their promised ROI…
But in order to continue to generate ROI, affiliates must recruit…
But as recruitment dies down, so will new investment…
And that means that ROI will start to decrease causing affiliates to leave…
If you choose to join this company, just remember that it likely won’t be a long-term business…
I hope you enjoyed my Cycles of Wealth review, and if you have any questions, please leave them in the comments below…
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