My Fun Life Review: $21 travel recruitment scheme
My Fun Life operate in the MLM travel niche and are based out of Idaho in the US.
The company is headed up by Dan Edwards, who serves as My Fun Life’s Chairman of the Board and CEO.
In his executive bio, My Fun Life claims Edwards is
an accomplished Direct Sales & Marketing professional.
His business experience encompasses over 26 years in strategic planning for direct sales organizations and corporate ownership responsibilities as President/CEO for several companies.
Despite a purported “26 years in strategic marketing for direct sales organisations”, I was unable to find any specific information on Edward’s involvement in the MLM industry prior to My Fun Life.
Read on for a full review of the My Fun Life MLM business opportunity.
The My Fun Life Product Line
My Fun Life have no retailable products or services. Instead, the company has “partnered” with third-party travel booking vendor Travelocity.
As a Travelocity affiliate partner, My Fun Life have rebranded the Travelocity booking engine “Cha-Ching Booking” and provide access to travel, condos, flights, car-rentals and cruise bookings through the engine.
The My Fun Life Compensation Plan
With no retailable products or services and the travel side of the business handled by third-party vendor Travelocity, My Fun Life pay out commissions solely on the recruitment of new My Fun Life affiliates.
This is done via a 3×10 matrix. A 3×10 matrix places an affiliate at the top of the matrix, with three affiliate positions directly under them (level 1):
Under these three positions are another three positions each (level 2) and so on and so forth down 10 levels for a total of 88,572 positions.
Each of these positions represents a paid affiliate in My Fun Life paying a monthly membership fee, with positions filled either via direct recruitment or the recruiting efforts of an affiliate’s up and downlines.
For each paid affiliate in a My Fun Life affiliate’s 3×10 matrix paying monthly membership fees, the company pays out a monthly commission. How much of a commission is paid out depends on what level an affiliate falls on a matrix:
- Level 1 – $1 per affiliate ($3 total)
- Level 2 – $2 per affiliate ($18 total)
- Levels 3 to 6 – 25 cents per affiliate ($270 total)
- Level 7 – $2 per affiliate ($4374 total)
- Levels 8 to 10 – $1 per affiliate ($85,293 total)
Note that to earn on Level 8 requires the affiliate membership rank of Sapphire, level 9 Ruby and level 10, Diamond (see below).
Matching Bonuses on the matrix commissions paid out to personally recruited affiliates are also available. How much of a Matching Bonus is paid out depends on affiliates membership rank:
- Bronze – recruit at least 3 paid affiliates and earn a 10% match
- Silver – recruit at least 6 paid affiliates and earn a 20% match
- Gold – recruit at least 10 paid affiliates and earn a 30% match
- Sapphire – recruit at least 20 paid affiliates and earn a 40% match
- Ruby – recruit at least 50 paid affiliates and earn a 50% match
- Diamond – recruit at least 100 paid affiliates and earn a 50% match (also unlocks level 10 earnings in the matrix)
Joining My Fun Life
Free affiliate membership to My Fun Life is available, however affiliates are only able to earn Travelocity booking-engine commissions.
Paid affiliate membership is $21 a month.
Conclusion
My Fun Life has designed its compensation plan to reward our members for succesfully building sales organisations by recruiting, training and motivating other team members to do the same.
As is typical with MLM travel niche companies that use a third-party booking engine, the My Fun Life compensation plan has nothing to do with use of these travel services and everything to do with recruiting new affiliates and getting them to pay a monthly membership fee.
Travelocity commissions are passed on affiliates however this is external to the My Fun Life compensation plan. Someone makes a booking through Travelocity’s booking-engine, they pay My Fun Life a commission and My Fun Life pass that commission on to affiliates.
The company itself only pays commissions on membership fees, subject to how many affiliates an affiliate personally recruits (matrix commissions and matching bonus) and that of their up and downlines (matrix commissions).
With no retailable products and recruitment commissions My Fun Life deteriorates into a scheme dependant on the constant recruitment of new affiliates and their paying of monthly fees to pay out commissions.
My Fun Life paid affiliate membership provides nothing more than participation in the compensation plan (the ability to earn commissions on the recruitment of others). Once the recruitment of new affiliates paying these fees stops so too do the commissions My Fun Life pay out.
Update 1st October 2013 – Following consultation and requests from its “leaders”, My Fun Life announced that they are going to be charging affiliates more money to participate in the scheme.
The affiliate membership price rise from $21 to $25 a month comes into effect October 1st, with MyFunLife advising the changes result in ‘over an $800 per month difference in your first 6 levels!‘
i think the 21$ payment is monthly commitment. 21$ registration and 21$ subscription. There is matrix commisions, matching bonuses and coded bonuses. Matrix and matching are monthly paid to affiliates. Coded bonuses are weekly.
Is it a monthly or once-off? The FAQ just mentioned “pay $21” or some such.
Edit: looks like they’ve updated the compensation plan page with a recruitment commissions calculator, stating that commissions are indeed monthly.
I’ve updated the review to reflect this.
I am a long time friend of Dan Edwards, have been for 17 plus years, he has been a top producer in multiple network marketing companies, owns several multimillion dollar businesses and is incredibly successful in his personal life as well.
You make many statements about the MyFunLIFE travel opportunity which are completely false. (BTW, MyFunLIFE has been reviewed by TOP MLM Attorneys and is 100% compliant with all laws and regs.)
You state there are no products other than the booking engine… We have Fun Trips and Fun Condos which are products only available to our members and at extreme discounts. These are things you would know if you properly researched the company.
We will also have multiple other products released, additional apps for things from business to health and wellness.
“With no retailable products or services and the travel side of the business handled by third-party vendor Travelocity, My Fun Life pay out commissions solely on the recruitment of new My Fun Life affiliates.”
The statement above is false… My Fun life does not pay out commissions solely on the recruitment of new members.
The cost to be a member is $21 per month, not a one time cost as you indicate and this gives you access to the Fun Trips and Condos as well as allowing you to participate in the ‘revenue pool’ where you can earn 7 levels deep in the 3×10 forced matrix.
You need to get your facts straight before you slander a company or its principles, not doing so indicates you are simply trying to attract readers because of the presence of MFL on the Internet.
You have obviously not done the level of research needed to make the conclusions you have about the MyFunLIFE opportunity. Calling it a scheme is misleading on your part, defamatory and is poor journalism.
Such as…?
Oh rly? Which attorneys would they be?
You don’t have those products, Travelocity does. You just provide access to their booking engine.
Sure thing champ. But right now My Fun Life is just a recruitment driven pyramid scheme.
Yes, it does. Well that and monthly affiliate membership fees which provide participants nothing more than the ability to earn commissions on other affiliates recruited into the scheme who also pay membership fees.
That fits the definition of a pyramid scheme.
What affiliate commissions Travelocity pay affiliates is irrelevant and external to My Fun Life’s own compensation plan.
Oz,
Dan was a top producer in Usana, YTB Travel, Monavie, Equinox International etc…
If MyFunLIFE wants to publicly disclose who their legal team is then they will… that is not my place to do so nor would it be proper for me to do so.
I do know the firm, my partners and I were going to use them for a networking company we planned on launching, if I gave you the name, you would recognize them immediately.
Fun Trips and Fun Condos are our exclusive member only products, you keep stating they are not… you are incorrect.
Your conclusion again is incorrect and I obviously will not change your mind on that, nor do I care to spend the time trying… much better spent working with my team.
~Rick
You can’t have it both ways champ. Your “top attorneys have said we’re complaint with all laws and regs” statement is meaningless without names.
I’d love to know which “top MLM attorneys” have signed off on yet another cookie-cutter MLM travel recruitment scheme.
Or is just marketing BS to lure new fee paying affiliates into the scheme? Wouldn’t be the first.
Whether you use Travelocity for them or some other third-party, again these are not your products. My Fun Life merely provides access to them.
Here’s a snippet from the Fun Condos page:
And the Fun Trips page:
This is standard pyramid scheme MLM travel company stuff. Sign an affiliate agreement with third-party condo/vacation/cruise vendor and whack on a recruitment driven, monthly fee commission paying scheme on top.
Oz,
Calling me ‘Champ’ is disrespectful…
I’m not trying to have it both ways, am I the company spokesperson, do I have the authority to disclose who the company is using for legal council, I think not.
If you can’t have access to a product unless you purchase it from us, that makes it our product.
Sorry champ. Champ is short for “champion”, would you prefer “loser”?
Do you have the authority to run around the internet professing that “top MLM attorneys” have declared My Fun Life to be “100% compliant with all laws and regs”?
You had no problems with that.
Travelocity affiliate partnership is hardly exclusive. You just insert some website code in your backend and power up their booking engine.
There are hundreds (thousands?) of other companies offering access to the exact same Travelocity services (some MLM, some not MLM).
The only “product” My Fun Life themselves sell is company membership, which permits an affiliate to recruit others and earn off their monthly membership fees.
Oz,
I will not disrespect you, as you have disrespected me, it would be indecorous to do so. It would be like me calling you a bozo or a clown, highly inappropriate and uncalled for in an adult conversation.
You obviously do not care about actually discussing the facts, just creating spin and controversy.
Again, the Fun Trips and the Fun Condos are exclusive member only packages, you can state otherwise all you want, it will not make it fact.
I could not put my finger on what scam My Fun Life reminds me of. BINGO.
Are you quite sure you want to go with those examples, Rick ??
A quick Google will reveal:
Hardly a ringing endorsement of anything but Mr Edwards’ ability to become involved with multiple get-rich-quick schemes, is it ??
You are comparing a company to a distributor, that isn’t a valid comparison.
(Ozedit: derail attempt removed)
@Rick
“Champ” on the same level as “bozo” or “clown”?
Riiiiiiiiight…
provided by Travelocity that has nothing to do with the My Fun Life compensation plan or commissions structure.
Again, what Travelocity pay you and you pass onto your affiliate is external to My Fun Life’s own compensation plan. A plan that pays affiliates out of affiliate membership fees, fees which are paid for the sole purpose of being able to recruit new affiliates into the scheme who then earn commissions paid out of newly recruited affiliate’s fees.
Facts are facts and the above fits the definition of a pyramid scheme.
From the internet …
* “FUNCONDOS.COM is personally owned and operated by Jennifer and Ron Livengood of Scottsboro, Alabama.”
* “Carl and Denise Daleo started Fun Trips Travel out of their love of travel”.
“Exclusive members only packages” doesn’t mean the products or services are RESERVED for the members only, or that members in My Fun Life are the only ones getting access to those services.
The problem with these “exclusive deals” is the company often claim to be MLM when they’re really “buying clubs”, which operates under completely different set of rules and laws that the owners have absolutely NO IDEA what they are.
As different states have different definitions of buying clubs, any company that offers something close to a buying club will run afoul of legislations they don’t even know about.
It’s clear that none of the advocates for this company has considered this angle, in arguing the “exclusive deals” angle.
I’m sorry but I couldn’t resist to post a comment. It’s hilarious to find always the same type of defensive shill crap. You can almost make a pattern of it:
– “I’m a long friend, business partner, top dog in the yard…”
– “You LIE ! You make false statements and etc”
– “You state bla bla bla”
– “I state different bla bla bla” – in defense of the scheme
– “We, this company, will _________ (insert here some great achievements in future) !”
– “We, provide for the consumers __________ (insert here some typical shill mambo jumbo)”
– “You LIE !” (again)
– “You need to get your facts straight !” (another bunch of crap to open your brain, mind of whatever)
– “You need to research more ” (almost the same as above)
– “You are poor journalist” (Finally comes THE END)
I’ve seen the same kind of approach in other reviews. It’s like they have the same kind of form to use and recycle when defending these schemes. Just leave empty spaces for Boss, Chief, CEO (or whatever) and for the name of the scheme, and you are go to go…
I’ve documented them on my blog as “bad arguments”.
http://amlmskeptic.blogspot.com/search/label/Bad%20Arguments
(offtopic spam removed)
(Ozedit: Rick if you wish to participate in the discussion here you will refrain from publishing derail attempts, crapping on about journalism and what you think it should be and stay on topic. This is not Facebook.)
Well, I just came across this opportunity by clicking on a banner somewhere and actually tried to book a vacation and no matter the week, the month I tried through the year, everything was sold out! Summer, fall, winter, spring!
So what good are discounts in those fancy resorts for pennies on the dollar if you can’t even get a hotel room for your destination?
Travelocity run an open affiliate program with everyone provided access to the same booking engine, so pretty much you’re competing with the members of all their other partner affiliates. Offers being booked out is thus hardly surprising.
In anycase you’re missing the point John, you’re not supposed to waste time with the travel. Just recruit new My Fun Life affiliates and get them to pay their affiliate membership fees. Then get those you recruit to do the same…
@John
I priced out a trip to Japan in July with round trip ticket and hotel for under $1750 on my chachingbooking.com portal through MyFunLIFE without issue.
Imagine if both the suppliers and customers of the travel industry were to become interconnected under one network. An extensive network brought together by a sole company called MyFunLIFE (MFL).
MyFunLIFE would guarantee customers and capital to all types of travel and vacation related companies by providing irrefutable wholesale deals to its members. These members of MyFunLIFE would have access to luxurious vacations at an extremely affordable price.
How could this be possible? You may ask. Well pretend that MyFunLIFE was Costco and its products were trips and vacations instead of food. MFL would purchase, in bulk, vacancies in, say, cruises, hotels, condominiums, theaters, tours and much more at discounted prices and pass it on to its members at the same low price!
The only way MyFunLIFE benefits is through a monthly membership fee of a mere $21 dollars, just like Costco. That would allow every single member the opportunity to purchase these trips at the same wholesale prices without having to buy in bulk.
You see, It comes down to two simple parts of an equation.
A. There are millions of vacation opportunities and vacancies that are left unused every year.
B. At the same time, there are billions of potential customers wanting to take part in these trips but do not have the financial capacity to do so.
So how do you satisfy both sides of the spectrum? Well, MyFunLIFE decided to create a network large enough that it would maximize the capacity of these vacation companies by providing its members with undeniable deals.
To do this, they developed a mobile application that directly links and updates its members with deals everyday. Whether it be airfare, hotels, safari tours, or even fishing trips, the MyFunTravel app will work around the clock to constantly update its members with vacation opportunities through a live feed.
The app operates through three services. The first is their MyFunTrips tab that includes a live feed of all-inclusive planned vacations at extremely discounted prices. MyFunTravel also has a MyFunCondos service where they work in conjunction with one the largest reseller of timeshares worldwide to provide paying members with over 450,000 weeks of extremely affordable luxury condos, at any given time.
They top it off with a FREE Cha-ching booking engine that provides the most competitive deals on airfare, hotels, rental cars, and even cruises. They made it into an mlm system in order to let it spread like wildfire all throughout the world and connect an industry in a way that no one has ever seen before.
Got an address:
5077 N Building Center Drive
Suite 10
Coeur d Alene, Idaho 83815
Which is also MyFunTravel.biz, a parked domain.
MyFunLife server is co-located with MyLifestartsat21(dot)com
Which points back to one of his other opportunities:
trafficorp.us
Some sort of “franchise out to traffic control contracts” thing.
Pyramid schemes are unsustainable because they cannot continuously benefit the entire world population. However if this application were to reach the world population then my fun life will have succeeded in connecting this world in ways we never thought possible.
The concept is beautiful, it revolutionizes the capacity of mobile applications. If you arent able to realize the benefits that this application would bring on a global scale then you simply arent an intelligent human being.
However, If this company decides to abuse this idea in an irresponsible way then that is simply out of human greed and stupidity.
@Andrew
A mobile app providing access to third-party affiliate programs attached to a recruitment based MLM compensaton structure is still just a pyramid scheme.
As far as My Fun Life the MLM company goes, revenue in is solely from affiliate membership fees – which is their only product.
What they offer access to, given it’s all third party services (affiliate agreements if we’re calling a spade a spade), is ultimately irrelevant and external to the company’s own compensation plan and commissions structure.
Please don’t start with the silly Costco analogies… Costco is neither MLM or simply providing access to some other company’s product line.
No it doesn’t. Care to take a look at TVI Express(dot)com, that last pyramid scheme that tried to pass off Travelocity as an opportunity, and you join with a one-time $250 fee, and get paid when you cycle out of 2 2×3 matrices?
Your idea goes like this …
“What if every potential customer in the world could join OUR affiliate program and pay $21 per month, so that everyone could get cheap access to vacations and travels (after our affilate program has signed up with every supplier in the world)?”.
In that scenario, the customers would need to spend an extra $21 per month just for the right to look at the offers and the right to order a vacation, and would have $252 less per year to spend on vacations.
The vacations wouldn’t have become any cheaper either, it would have become a “vacation monopoly” system ruled by a “vacation dictator”.
If My Fun Life want to PRETEND to be a “buyer’s club” for customers, they should first get rid off the monthly membership fee and the MLM compensation plan.
“Buyer’s Clubs” are not about earning commissions on recruiting a downline, they are about reduced prices for the consumers. Paying MLM commissions will increase the prices rather than reducing them, so that part is illegal for a buying club.
My Fun Life is simply a $21 per month recruitment driven income opportunity, poorly disguised as a travel community. The $21 per month is only needed to attract income opportunity seekers, it has no other functions than that.
The $21 per month is a membership in the income opportunity, not a membership in the “vacation and travel community”. You can easily separate those two parts from each other as two independent business ideas, one selling income opportunities and one selling vacations from third party suppliers.
Hello Reviewer,
The MyFunLife $21 membership includes a unique MFL produced mobile app with all kinds of fun benefits and valuable features.
Please include this fact with your review so your review is a complete review and has NOT Left out an Extremely Important product benefit that is INCLUDED with the $21 membership.
Please remember that to be successful in any MLM you must recruit and build a team. The bigger the team the more one earns.
That is one of the benefits to building an mlm business.
Thank you,
Greg
Does this have anything to do with the comp plan? There is nothing about a mobile app on the MyFunLife website presented to the general public.
Infact, the general public cannot find out anything about the company unless they enter into an upline relationship with an existing affiliate (referral link).
In anycase, what is bundled with MyFunLife affiliate membership is ultimately irrelevant. Affiliates are paid to recruit new affiliates, nothing more.
Oh dear.
I am curious about this program. My concerns are that even thought they are in prelaunch, they offer a 0$ free membership that is not available yet and the mobile app is no where to be found yet, and they do not tell you how much commission or cash back you get for booking your trip or if someone else books a trip.
It is these things that make me concerned. I would think they would be some of the first things available. Otherwise you are just recruiting into an idea of things to come.
I know if I had the means to start something I’d make sure what I was offering was available. I’d want people to sign up for the FREE option so that they will get in out of curiosity, like what they see and decide to spend their money.
And a question that I have is; could the following be considered products or just tools? Could you say the $21.00 gets you a website, capture pages, links, auto responder, training and many more resources, which would all be worth more that $21.00 a month if purchased separately.
@Joe
They can’t because they don’t offer the cashback, the third-party travel affiliate does. The travel side of the business is completely external to the compensation offered by My Fun Life, which is only paid out of affiliate membership fees (making it a pyramid scheme).
You could, but if you’re paying commissions out of those membership fees then you’re just paying people to recruit new affiliates and keep them paying monthly membership fees.
That’s what a pyramid scheme is.
These guys are not making any real money they just have nothing better to do than to spend their time doing this crap.
So you will recommend people to join an opportunity or something?
The trouble is that too many opportunities found on the internet is based on the “Bigger Fool Theory”, the assumption that an opportunity will become profitable if you’re able to attract enough bigger fools than yourself.
And that’s true. An income opportunity WILL become profitable in that way, until you run out of new fools. But why would anyone want to join the “Bigger Fool” list in the first place?
With the amount of new biz launches everyday and the amount of fools who join them, the number of possible recruits someone can expect to join in any of these biz ops is probably 1(if you are lucky) or 0.
Usually the only people who join this crap are only the ones who play this pyramid game. The average working stiff has no interest in any of this.
There are only so many pyramid peeps that can be recruited and guess what? When a biz launches it is already rigged placing the usual top recruiters at the top and everyone else, well…Good luck to find 1 or 2.
After more than a week of trying to research MyFunLife, this is the only site that has the truth about MyFunLife. I only wish more people would read this about MyFunLife.
Thank you for being the only site to tell the truth about MyFunLife.
This is one of the biggest scams out there!
Great article dissecting the company and really exposing them for what they have going on.
Keep up the great work, cant wait to see what you post next!
Guys, what are you talking about???
MyFunLIFE is the most legal company out there! We have one of the best attorney in the industry who taking care of the legal part! The products we have are amazing and a HUGE demand internationally.
The comp.plan is the best out there. The management of the company is awesome. We are #1 Top Gainer in MLM Rankings.
My advise to you, before starting to talk about do your homework!
Too bad none of that has to do with the legality of the business.
What does? This:
If you truly think a recruitment driven plan is “the best out there”, I’m taking it your yet another clueless MLM affiliate who can’t see past his or her own wallet then?
Please.
Um, I can go to any travel site and compare prices for free. Why the hell would I waste my time and money joining a pyramid scheme to access a free service? My ADVICE would be to skip playing this money game.
Hi, interesting debate – I use the word “debate” loosely. I’ve been researching some home business type opportunities and found this page. Well done.
Question though: Would one rather join something like MyFun that is commissioned solely on referrals type? Or one that you have to buy cheap, crappy products that requires you to work on your down line?
I am a widower with two kids fourteen and seven. I have no horse in this race just looking for something viable to supplement my income. That said if I made $1.00 or $2.00 off of a $21.00 monthly membership fee of 2000 to 3000 people I’d be happy.
Pyramid and ponzi schemes are illegal for several reasons, the main one being they don’t work for the great majority of participants.
It is often claimed upward of 90% of all ponzi / pyramid participants finish as nett losers.
Maybe you have enough confidence in your ability to ensure you become one of the “10%” and won’t miss the money, who knows ??
Then you can earn much more money on coaching, teaching other people how to recruit personally and how to replicate it through a whole downline?
Wasting your recruitment talent on a program that only pays out peanuts is a great shame. A talent like your’s simply doesn’t belong in a program like MyFunLife.
* You will need 3+9 in downline to cover $21 monthly fee
* 27 more will give you a $6.75 profit ($27.75 total)
* 81 more will bring in $20.25 in profit ($48 total).
120 people in downline will bring in $48 total, $27 in profit. That’s $0.40 per member in your downline total. “Money is money. $27 in additional income per month can make a huge difference!”. 🙂
* 363 people in downline will bring in $108.75 total.
* 1092 people in downline will bring in $291 total.
Your plan of having 2000 to 3000 people in downline clearly reflects your talent. You belong among the top recruiters in the world, at the top of the food chain rather than at the bottom.
You can probably be grandfathered in at a much higher level in any program you want, without having to pay anything yourself other than bringing in your existing downline.
Membership ranks:
•Gold – recruit at least 10 paid affiliates
•Sapphire – 20 paid affiliates
•Ruby – 50 paid affiliates
•Diamond – 100 paid affiliates
I simply ignored “Bronze” and “Silver”, since you clearly belong in the other end of the scale, as either a “Ruby” or a “Diamond” (or even at a “Presidential” level, “Chairman” or “Founder’s Club”, but the program didn’t have any levels like that).
…but Norway. If a person pitches all his friends, co-workers and relatives, PLUS uses the “power of the internet” to sign up even more, then establishing a downline of 2000 to 3000 people should be almost effortless. Right?
Normally you will need to TALK TO each and everyone. “The power of the internet” seems to fail for most people. Mass marketing isn’t for experienced recruiters, other than as a “tool” to attract specific types of prospects.
They use it because OTHER people believe it’s a good idea, and then it will be a good idea to direct the others in that direction (away from the recruiters’ own methods).
And experienced recruiters will ONLY recruit family and close friends if they personally believe in the program themselves, if they feel it can be a gold mine.
The co-worker idea is a little risky, depending on the TYPE of job. The experienced recruiter will normally identify WHO he can recruit, and will avoid the ones who can cause trouble. He will try to approach “the safe ones” independently and secretly, using very specific methods for each and everyone.
Hal already know that. I will only look inexperienced if I post any details, e.g. about how to identify the “safe ones” and the ones you should avoid. Sometimes it’s better to recruit a few key people rather than recruiting MANY (so people will blame them rather than you if it fails).
You should typically test the reaction on some “safe ones” before you try to recruit any others. And you should typically recruit the bosses first (if you plan to recruit them at all), and give them enough room to recruit their personal downlines.
“Safe environments” are businesses where people work relatively independently and not too close together, e.g. truck drivers. Truck drivers will bring the opportunity out to a wide area and to other truck drivers. But Hal probably already KNOW that.
“Mass marketing” will work much better if you convert the idea to “mass sales”, e.g. inviting people to “Hallelujah meetings”, “pre-launch meetings” and similar types of events. You can’t exactly use methods like that on a work place without disturbing several bosses. 🙂
M_Norway #44 – I never said to have 2000-3000 people. Again, I’m just perusing this site for education and information. I guess I should read more and post less.
I’ve been in business for myself since 2004 marketing and consolidating Federally Guaranteed Student Loans. Unfortunately the government has disincentivized the entire Federal side of the program.
I work primarly in the Secondary Private Education sector now, which is credit based and harder to refinance – which equals less commisssion. That said I have access to a lot of different marketing tools. Just looking for something to market.
You’re clearly welcome to post.
I used some “mild exaggerations” in my 2 posts, but I also pointed out something of interest.
* level 1 and 2 will only cover your own expenses
* level 3 to 6 only pays out $0.25 per member
* level 7 pays out $2 per member
* level 8, 9 and 10 pays out $1 per member, but you will need to recruit 20, 50 or 100 personally recruited people.
It will give you a very LOW income, $270 in net income for a downline of 1092 people (levels 1 to 6). That’s rather unattractive as an income opportunity.
It will give you a very UNSTABLE downline, you will need to refill it with new people when old ones are quitting. Income opportunity seekers will typically quit after 1-3 months if they feel they can only expect to earn “peanuts” in a program.
The most stable part of your downline will be people interested in the service itself. That’s a good thing in itself, but they will typically not be very eager to recruit anyone.
I have simply compared it to similar types of compensation plans, and how they ended up, e.g. That Free Thing experienced a member flee from income opportunity seekers when the first 3 month payment expired, and the members should pay $30 for the next 3 months. And TFT paid out MORE than this program, and was less expensive per month.
People will typically look at the bottom lines of the compensation plans, not the middle levels. If the bottom line looks attractive, they will become interested. But they will rapidly lose interest when they have recruited some people and earn only “peanuts”.
Horrible indeed. Would never join MFL and not big on their service either. I guess my question should have been posted in a different thread.
Hypothetical question for you. Let’s say I have a few products that are viable and people actually use them. Let’s also say that I have away to attain such items at a very, very low cost. If I were to charge people – say $15 a month membership fee then worked on a 5×5 matrics system would that be considered illegal? And does my question make any sense?
Most opportunities found on the internet are scams or rather unattractive opportunities.
You will have best chances in a market that offers equal conditions or where you already have a lot of experience. It doesn’t need to be the SAME type of market, but you should look for markets where your own experience is an advantage.
As an example, I’m a former sales man in business to business related markets. I will have better chances in markets where I can use my normal business language and business logic, rather than in a consumer market.
I can limit the TYPE of market further, e.g. for which price range I’m most familiar with and the arguments to use there. And so on and so forth to identify a market where I have realistic chances.
We don’t recommend anything here. Most of the “regulars” posting here are not in any MLM program, but some are. They will typically use the site for other reasons than marketing purposes.
You will probably have better chances in non MLM than in MLM, if you’re able to identify something. In MLM, you will have better chances if you use your own head rather than blindly following advices from a “mentor”, “guru”, “coach” or anything like that.
Some scams can be rather attractive, much more attractive than any other income opportunities. Some of them can be worth looking at even if they have been shut down (e.g. ZeekRewards), or are in deep legal trouble (e.g. TelexFree in Brazil, still active in the U.S.). They can provide you with important information about marketing methods and logic.
BTW, my post #44 was designed for a specific type of audience, people looking for new ideas or for how to avoid specific types of trouble (e.g. any boss in direct “upline” in a company will typically not like to end up in a downline under you, you will need to offer him the right type of position or avoid him completely).
Not from me, if people PRIMARILY are interested in the products. But it will probably raise some red flags if you don’t have any retail options.
I use many different types of viewpoints and “legal arguments”. Pyramid schemes are about participants paying for an opportunity (paying something of VALUE), where they will primarily be rewarded from other participants (they will fail if people stop joining after themselves).
My “legal arguments” will differ from most MLM lawyers, MLM experts and probably from FTC itself. I’m a former sales man, so I will primarily look for what people can ACCEPT as “fair trade practice”, including judges.
The $15 can be about “fair price”, “fair compensation for work” and similar factors that are completely legitimate. A court can accept it and so can I. If you can defend it within “fair price” / “fair compensation” then it’s probably OK. But people will typically bend their own ideas to defend what they WANT to believe in.
As a business man, I don’t like your idea of “very low price”. A business needs to make some profit, so you should use some normal business calculations for how to cover expenses and generate a profit, based on a realistic sales volume.
You will have the same problem as MFL and That Free Thing = it won’t be very attractive to people looking for an income ($15 will simply not offer much room for compensations). You can use similar tricks to attract people (low payouts in the middle of the compensation plan), but then people will feel “cheated”.
The wider range of people you can attract the better your chances will be (generally speaking). We have a “balanced” audience here = a wider range of different types of people will probably find something of interest, but we will not perfectly meet the needs of any of them. But the opposite idea may work too.
Article updated with news of MyFunLife’s recent affiliate membership price increase.
Thank you for this review forum. Any income opportunity that is primarily based on recruiting other “paying” participants is designed to make only the founders and very early participants rich.
Usually the early participants are already friends and associates of the founders, so they are in the “business” well before any one in the general public.
Not sure why Oz keeps mentioning Travelocity when MyFunLIFE only uses them for 1 thing and we get cash back for that 1 thing. Both the Fun trips and Fun Condos have 0 to do with them. Some of you folks are clueless as to what a scam even is.
If you want a pyramid scheme I have a new flash for ya YOUR JOB IS A PYRAMID SCHEME. The guy at the top makes all the money and you have no chance to take his JOB.
Wake up mlm is as equal as it gets everyone starts at ground level. The US government recognizes it as a legit way to do business. Love these debates because people get up and go to work/real pyramid scheme and then say mlm is a scam lol makes 0 sense
Oh I dunno, probably because “MyFunLIFE only uses them for 1 thing”.
Replace Travelocity with whoever supplies Fun Trips and Condos and you’ve still got third-party companies, leaving My Fun Life only selling affiliate memberships (compensation plan positions).
Did they hand out the book of pyramid scheme excuses before or after you signed up? How cute.
Where “everyone starts” is irrelevant, the business model is all that matters. My Fun Life is a recruitment-driven scheme.
Oh really, and where did the US government recognize “My Fun Life”? Was that in the “I’m a clueless new person 101” booklet too?
In your case it’s not so much a debate as trying to justify your participation in what is obviously a $21 a pop recruitment scheme.
Another newbie who doesn’t recognize the difference between a pyramid “SCHEME” and a “pyramid shaped business structure”
What’s sad is, he’s going to discover the difference the hard way,
From inside the pyramid “SCHEME”
I had friends try to get me into this in summer of 2013 and as recently as 2 weeks ago.
So many supporters like to bring up the lawyers, yet when I asked the recruiters legal questions I was dodged and said they would ask them….oh, only after I signed up.
All the legal information was suppose to be on some website, still haven’t seen that one.
Things such as “how do I file my taxes if I made income, am I a employee or not.” questions were totally dodged.
They offer cars, trips, etc etc and told me that if I won it was free and clear.. instant red flag to me. Guess they never heard of gift/luxury tax because you know they are writing that off on the other end.
Then there was the fact of how they could get you deals that no one else can anywhere. So I used their search engine and when I picked up the phone and called the hotel in Vegas and my agent I use for cruises, I not only got better prices but better dates as well.
I had only gone to these places 2 years prior but they were still willing to give me a better deal than offered by myfunlife. Friend argued this so I tried it with a trip to Jamaica and through a few phone calls was able to save over $400 to the myfunlife search engine, with a better room.
Even sadder is the use of religious scriptures that are used by the recruiters of a certain area, It’s so cult like it’s scary.
Hi how do i access the website again? I promoted for myfunlife awhile back and im tryong to login to my account.
Can you contact me via email or my phone (removed). Thankyou.
My Fun Life was a pyramid scheme that collapsed years ago. Sorry for your loss.