Mindset 24 Global Review – Legit Company or Another Scam?
Welcome to my Mindset 24 Global Review!
If this is your first foray into the online business world, it can be overwhelming with the shear volume of companies out there to choose from.
So how can you be sure that you’re making the right choice when you choose a company to join?
Read and learn everything you can about the company before you jump in.
My review will cover everything you need to know about the company, the products and the compensation plan.
Read on to learn more about Mindset 24 Global!
Mindset 24 Global Review – The Company
Lead by co-founder and CEO, Brian McLane, Mindset 24 Global is part of the personal development MLM niche.
The company does not identify any of the other co-founders on their website.
A Kentucky mailing address is provided, but it is unclear if this is where Mindset 24 Global is being run from or not.
In 2010, Brian McLane co-founded Bellamora International, serving as the Chief Marketing Officer.
Bellamora claim to have signed up over 50,000 affiliates throughout prelaunch, followed by its collapse in 2011 after several key executives left.
McLane was one of the executives who left Bellamora, going on to promote $1000 A Week For Life with Kevin Harrington.
$1000 A Week For Life was a $49.95 matrix-based sponsorship opportunity that was part of David Rosen’s Money Tree International.
Something that should be noted is that Kevin Harrington is listed a “marketing partner” on the Mindset 24 Global website.
Mindset 24 Global Reviews – The Products
Mindset 24 Global does not have any retail products or services.
Joining the company as an affiliate does not cost anything, but once signed up Mindset 24 Global affiliates can purchase “training packages”.
- Series 1 – $100
- Series 2 – $400
- Series 3 – $1000
- Series 4 – $2000
The Mindset 24 Global website doesn’t disclose exactly what is included in the training packages, but does say that:
Mindset Global is proud to provide life changing information from world class marketing partners.
Imagine being coached by a real life Shark?
That’s right, Kevin Harrington from the hit TV show Shark Tank is our marketing partner and has assembled his best videos, interviews, e-books and stories to provide individuals with the right information to impact their lives.
You will also get exclusive access to never before seen programs developed by world famous author and Master NLP trainer, Jay Sargeant.
Mr. Sargeant or Coach Jay, as he is known, will offer us the most powerful and proven communication and persuasion techniques and strategies.
So the bottom line is this, our product has the potential to be life changing.
Literally, we provide information from experts to enhance the quality of peoples lives by providing the right MINDSET.
You will not find this information anywhere else!
Our brand new programs will teach the powerful NLP Expert Model, stunning rapport building strategies, master level reframing and techniques to create the most profound states of mind.
Whether the packages can be bought without joining the company as an affiliate is also unclear.
Kinda of reminds me of a top tier business model…kinda.
The Mindset 24 Global Compensation Plan
Selling the company’s training packages earns Mindset 24 Global affiliates commissions and bonuses.
MLM Commissions Qualification
Every Mindset 24 Global training package acts as an individual tier in the attached compensation plan.
In order for an affiliates to qualify for commissions on each of the 4 tiers, they are require to either buy that tier’s Training Package or sell it to a sponsored affiliate.
An affiliate can qualify for commissions on all 4 training package tiers if they make $10,000 in sales within their first 30 days.
Mindset 24 Global affiliates earn residual commissions through a a perpetual 1-up Coded Bonus.
Commissions are generated by an affiliate’s 2nd, 4th, 6th sale, followed by every 3rd sale thereafter, of training packages that are passed up.
The rest of the commissions earned on sales are kept, however, every sponsored affiliate must also pass up their 2nd, 4th, 6th sale and every 3rd sale thereafter.
This setup allows an affiliate to earn down an infinite number of levels.
Mindset 24 Global does not specify the exact percentage of commission payouts that are earned on training packages.
Mindset 24 Global affiliates can earn a 100% match on Coded Bonuses earned by personally sponsored affiliates (including those passed up).
Here are the qualification criteria for every training package Matching Bonus tier:
- Series 1 – Qualify for MLM commissions on Series 1 and sell at least two Series 1 memberships
- Series 2 – Qualify for MLM commissions on Series 2 and sell at least two Series 2 memberships
- Series 3 – Qualify for MLM commissions on Series 3 and sell at least two Series 3 memberships
- Series 4 – Qualify for MLM commissions on Series 4 and sell at least two Series 4 memberships
There is an overlap in the Matching Bonus qualification criteria should an affiliate qualify for commissions by making a sale instead of buying it themselves.
Profit Sharing Pools
The company takes 20% of company wide sales revenue and distribute it out through 4 Profit Sharing Pools, which correlate to the 4 training packages.
The 4 training package pools are split into 9 sub-pools, with affiliates qualifying for a share like so:
- 1 Star (10% of the pool at each training package tier) – Purchase or sell the Series 1 package
- 2 Star (10% of the pool at each training package tier) – Purchase or sell the Series 2 package
- 3 Star (10% of the pool at each training package tier) – Purchase or sell the Series 3 package
- 4 Star (15% of the pool at each training package tier) – Purchase or sell the Series 4 package
- 5 Star (15% of the pool at each training package tier) – Purchase or sell the Series 1 package and personally recruit at least five 4 Star ranked affiliates
- 7 Star (20% of the pool at each training package tier) – Purchase or sell the Series 1 package and personally recruit at least twenty 4 Star ranked affiliates
- Super Star (10% of the pool at each training package tier) – Generate and maintain $10,000 of sales over a rolling thirty-day period
- Founders Only (10% of the pool at each training package tier) – Sign up as an affiliate during prelaunch, pay $2000 and sponsor at least two others who do the same
Cost To Join Mindset 24 Global
The cost to join Mindset 24 Global as an affiliate is free.
If an affiliate buys the training packages themselves in order to qualify for commissions, it will cost
- $2000 if they buy in at the Series 4 package tier or
- $3500 if they buy in incrementally at each package tier
Verdict on Mindset 24 Global
Whether or not retail customers can purchase the company’s training packages without joining isn’t clear here…
But it seems like an individual must sign up first before being able to make any purchases…
So, the only way to benefit from the compensation plan here is to sign up, buy in, and then convince others to do the same…
A red flag here is the fact that the company doesn’t disclose the commission percentages for their main commission source…
It’s never a good thing when a company leaves out such important information…
So, if you are thinking of joining this company, just keep this in mind…
I hope you enjoyed my Mindset 24 Global review and if you have any questions, please leave them in the comments below…
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