Iguana Biz Review – Legit Business Opportunity or Scam?
Welcome to my Iguana Biz Review!
There has been some buzz about this company lately, so I decided to investigate what it was all about…
Maybe someone approached you on social media and now you are just wondering if it’s legit right?
First, I am glad you are doing your research so will get the proper information before you make a decision.
In this blog post I am going to walk you through the company, products and compensation plan so you can make the right decision.
Find out of it’s legit or a scam…
Iguana Biz Review – The Company
Iguana Biz is the brain child of Doc Lett who is the CEO of the company.
This is a little bio from his website:
For those of you who have had the pleasure of knowing or actually meeting Doc Lett, know that he is an honest man with a servant’s heart. A man of integrity, who has the determination to help everyone succeed.
Doc Lett goes by a few names like “Ken Lett, “Kenneth Lett”, Ken E Lett” and Kenneth Eugene Lett” and has launched a few companies in the past.
Here is the list:
- Freeway To Success
- Phase 4 Global
- 2by2 For You
It looks like none of them are here today…
Hence why Iguana Biz sprouted…
Iguana Biz Reviews – The Products
When you join Iguana Biz and become a paying member, you get a “Global Marketing System” (Phase 1) and “Savings Unlimited Travel Card” (Phase 2).
You also get a matrix position in the compensation plan which we will go through next…
Iguana Biz Compensation Plan
When you join and purchase their membership, you get a place in their 3×3 matrix.
This is what it looks like:
- Level 1: 3 Positions
- Level 2: 9 Positions
- Level 3: 27 Positions
Overall, there are 39 positions.
These positions fill up when you sponsor new members and they do the same.
This is what it looks like:
- Phase 1 ($53 One Time then $33 per month): $5 per affiliate recruited on level 1 ($15 a month), $4 per affiliate recruited on level 2 ($36 a month) and $17 per affiliate recruited on level 3 ($459 a month)
- Phase 2 ($86 One Time then $66 per month): Pays out like Phase 1
What Phase 2 does is it gives you the ability to match 100% of the commissions you earned through your personally enrolled members who buy into Phase 2.
This adds up to possibly $510 per month per personally enrolled member who purchases a Phase 2 matrix position.
Cost To Join Iguana Biz
Cost to join Iguana Biz will depend on which membership you get…
Phase 1: $53 one-time with a $33 per month fee.
Phase 2: $86 one-time with $66 per month fee.
To participate in both phases, you must pay $99 per month.
Iguana Biz Review – The Verdict
Overall, the product side of this pretty much is non existent…
The main focus here is to buy in matrix positions and recruit a ton of people without the value of a good product.
I feel as if Doc Lett hasn’t learned his lesson with his previous company launches which have all collapsed.
You think after the FOURTH attempt, you will build something legit…
I guess not…
Anyway, I hope you enjoyed my Iguana Biz Review and if you have any questions leave them in the comments below…
What Do I Recommend?
The bottom line is this…
You want to join something that is legit and that actually works for newbies right?
You want something where you can follow it step by step and that can be easily implemented?
After testing this latest business for a 5 weeks…
It pulled in results like this:
This just flat out works…
You will get step by step training and systems by just taking action, you will see results.
The main reason why it works so well is this…
You get a personal ONE on ONE coach that helps you through this entire process and creates a game plan specifically for your income goals.
This isn’t some random coach…
These guys are 7 figure earners in this industry.
You will thank me later 🙂
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