My 1 Dollar Business Review – Legit Opportunity or Big Scam? Find Out…
Welcome to My 1 Dollar Business Review!
Chances are you were approached by someone on social media or in person and now you want to make sure it’s actually legit right?
The good news is I am going to put all of the rumors to rest and walk you through the company, products and compensation plan so you can make the right decision.
Now pay close attention and read this to the end because I will be revealing shocking information so you can make the right decision.
Let’s dig in shall we?
My 1 Dollar Business Review – The Company
My 1 Dollar Business is the brain child of Steve Gresham who is the founder of the company.
The company is based out of Georgia, USA.
This isn’t Gresham first vendor, he launched a company called Savings Highway back in 2012…
Savings Highway had products like:
- Roadside assistance
- Legal services
- ID theft protection
- Restaurant discounts
- Accommodation discounts
- Discounted magazine subscriptions
- “Doctor visit”, medical equipment and surgery discounts
- Discounted moving services
- Dental plans
- ebook and audio library
It looks like that Savings Highway isn’t doing that well according to Alexa traffic stats and this could be the reason for My 1 Dollar Business launching…
That’s all I got about the company, let’s keep going in this My 1 Dollar Business Review!
My 1 Dollar Business Reviews – The Products
My 1 Dollar Business looks like it’s going the same route as Savings Highway…
membership benefits programs, 24-hour roadside assistance, family legal plan, 24-hour shopping concierge, worldwide travel program, worldwide condo program, tax deduction software, vacations, personal development success modules and more.
You also get access to:
a wonderful store for you to refer customers to where they purchase a variety of in-demand products and services including health, beauty and hot technologies.
Now, my only concern so far is why did Savings Highway go under and why is My 1 Dollar Business following the same business model?
Alright let’s keep going…
My 1 Dollar Business Compensation Plan
In the My 1 Dollar Business compensation plan, affiliates buy $1 per month positions in the 2×10 matrix.
Overall, a 2×10 matrix has 2046 positions and can be filled directly or indirectly by affiliates from your upline and downline…
Direct Sponsoring Commissions
When you sponsor a member directly, you get paid 20 cents per member…
This is paid residually as long as the member is active month to month…
There is a 5 cent per month residual commission for paid affiliates anywhere in your 2×10 matrix from personal members and indirect members.
That 5 cent commission is paid as long as the member is active month to month…
To qualify for residual income, you must sponsor at least 2 people in your downline.
Commissions in My 1 Dollar Business are also increased when affiliates pay more each month:
- Phase 1 ($10 a month) – $2.50 per affiliate personally recruited and 50 cents per affiliate placed in the matrix
- Phase 2 ($20 a month and must have at least ten affiliates in your matrix) – $4 per affiliate personally recruited and $1 per affiliate placed in the matrix
- Phase 3 ($50 a month and must have a least twenty affiliates in your matrix) – $10 per affiliate personally recruited and $2.50 per affiliate placed in the matrix
- Phase 4 ($100 a month and must have at least fifty affiliates in your matrix) – $20 per affiliate personally recruited and $5 per affiliate placed in the matrix
You can only earn money in these phases if you qualify…
If you drop from phase 4 to phase 3, you get paid on Phase 3…
When you have hit Phase 4 ($100 per month) and personally sponsored 10 affiliates in My 1 Dollar Business who do the same, you can get a 7 night vacation valued at $1899 for free.
Profit Sharing Bonus
My 1 Dollar Business members who reach Phase 4 and personally sponsor 100 affiliates who do the same, they can get a share in the company wide affiliate membership fee’s.
Super Affiliate Vacation Affiliate
To become a super affiliate, you must sponsor one hundred people paid members and 50 of them must be at phase 4 for at least 3 months.
Then you get the following:
an all expense paid vacation including airfare for two plus $1,000 spending money for food and drinks.
That’s a 5-Star Luxury Dream Vacation worth $1,899 plus $1,000 spending cash plus Airfare for two from the Continental US.
Cost To Join My 1 Dollar Business
My 1 Dollar Business membership costs $1 per month and if you want to be fully comped, you must pay $181 per month…
My 1 Dollar Business Review – The Verdict
The problem with My 1 Dollar Business is it’s no different than My Savings Highway at all…
There isn’t any other transactions other than affiliate memberships and even the profit sharing is FROM the affiliate memberships.
If they had some kind of products and services customers could buy without being an affiliate that could have offset that…
Because there is no retail transactions going on, this is pretty much a pyramid scheme…
Once recruitment slows down and it will, the company will slowly go under just like My Savings Highway.
I don’t like to be negative, but this just looks like a reboot of My Savings Highway…
I wish Gresham overhauled it and improved it where My Savings Highway failed…
Anyway, I would proceed with caution with this one…
I hope you enjoyed My 1 Dollar Business Review and if you have any questions, please leave them in the comments below…
Jesse What Do You Recommend?
If you already joined My 1 Dollar Business, this still applies to you because you should never put all your eggs in one basket…
After reviewing hundreds of companies and systems…
It’s the only system where you will learn how to build a profitable business online step by step with the right training, tools and one on one coaching to make sure you are on track.
Take a look at my recent results:
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In other words, it works!
You will thank me later 🙂
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