My 1 Dollar Business Review: Savings Highway rebooted
The My 1 Dollar Business identifies Steve Gresham as Founder of the business.
According to the My 1 Dollar Business website domain registration, Gresham is based out of Georgia in the US. This is presumably where My 1 Dollar Business is being operated from.
Gresham (right) first appeared on BehindMLM’s radar in 2012, as the founder of Savings Highway.
Savings Highway was a matrix-based recruitment scheme. The company only sold monthly affiliate memberships, with Savings Highway affiliates paid to recruit new affiliates.
Alexa statistics for the Savings Highway website suggest the scheme was pretty dormant throughout 2016. The collapse of Savings Highway has likely prompted Gresham to launch My 1 Dollar Business.
Read on for a full review of the My 1 Dollar Business MLM opportunity.
The My 1 Dollar Business Product Line
My 1 Dollar Business has no retailable products or services, with affiliates only able to market My 1 Dollar Business affiliate membership itself.
Bundled with My 1 Dollar Business affiliate membership is access to
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.
My 1 Dollar Business affiliate membership also provides 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.
The store however doesn’t appear to have anything to do with the My 1 Dollar Business MLM opportunity.
The My 1 Dollar Business Compensation Plan
The My 1 Dollar Business compensation plan sees affiliates purchase $1 a month positions in a 2×10 matrix.
A 2×10 matrix places an affiliate at the top of a matrix, with two positions directly under them:
These two positions form the first level of the matrix. The second level of the matrix is generated by splitting each of these two positions into another two positions each (4 positions).
Subsequent levels of the matrix are generated in the same manner, with each new level generating twice as many positions as the previous level.
A 2×10 matrix extends down ten levels and houses a total of 2046 positions.
Direct Recruitment Commissions
My 1 Dollar Business affiliates are paid 20 cents per affiliate they recruit.
This commission is paid out monthly as long as the recruited affiliate continues to pay their $1 a month affiliate fee.
A 5 cent a month residual recruitment commission is paid on affiliates placed anywhere in the 2×10 matrix (includes personally recruited affiliates).
Residual commissions are paid monthly as long as recruited affiliates continue to pay their $1 a month affiliate fee.
Note that to qualify for residual commissions, a My 1 Dollar Business affiliate must recruit at least two affiliates.
Commissions in My 1 Dollar Business are increased when recruited affiliates pay more money 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
Note that the individual phases only pay out respective commissions on affiliates in the matrix at the same phase.
Ie. If you are Phase 4 qualified but have no affiliates in your matrix at Phase 4, you wont earn any Phase 4 commissions.
My 1 Dollar Business affiliates who reach Phase 4 ($100 a month) and personally recruit ten affiliates who do the same, receive a free 7-night vacation “valued at $1899”.
My 1 Dollar Business affiliates who reach Phase 4 ($100 a month) and personally recruit one hundred affiliates who do the same, receive a share in company-wide affiliate membership fees.
Each 100 Phase 4 affiliates recruited generates another share for the recruiting affiliate.
Super Affiliate Vacation
To qualify for a Super Affiliate Vacation, a My 1 Dollar Business must personally recruit one hundred fee-paying affiliates, fifty of which must be at the Phase 4 level for at least three months.
The Super Affiliate Vacation is
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.
Joining My 1 Dollar Business
My 1 Dollar Business affiliate membership starts at $1 a month.
Full participation in the My 1 Dollar Business costs $181 a month.
Nearly everyone has $1.00 and the system can take you automatically from $1.00 up to hundreds or thousands in potential monthly income and provide valuable benefits without any extra work!
As with Savings Highway, the problem with My 1 Dollar Business is 100% of commissions are paid out on affiliate recruitment.
This makes My 1 Dollar Business a pyramid scheme.
My 1 Dollar Business does bundle various third-party services and products with affiliate membership, however in MLM products and services need to be sold to retail customers.
Retail customer sales generate commissions for affiliates, which in My 1 Dollar Business are completely absent.
If My Savings Highway had retail sales with products and services of value, it never would have collapsed.
With My 1 Dollar Business Steve Gresham has basically recycled his Savings Highway assets and attached an updated four-tier compensation plan.
As with all recruitment-driven schemes, once recruitment of new affiliates dries up those at the bottom of the My 1 Dollar Business matrix will not earn any commissions.
This will see them stop paying their monthly fees, which means those above them stop getting paid.
They too stop paying their monthly fees. As this effect slowly trickles up the company-wide affiliate-base, eventually an irreversible collapse is triggered.
That’s exactly what happened in My Savings Highway and My 1 Dollar Business will be no different.
What with My 1 Dollar Business being a reboot scheme, expect a good portion of affiliates placed at the top to be former earners in My Savings Highway.
Once again these affiliates will earn the majority of commissions paid out, at the expense of the majority of affiliates placed under them.