I got love for Genesis Global Network, but I’ve moved on.
You can get the full story here.
Either way, here is your Genesis Global Network review.
I haven’t heard much about these guys since 2014, but it seems like they’re still operating.
So, first of all, Genesis Global Network is just a scam, right?
Mmmmm….not so fast.
They’re hot, but are they 100% legit? Keep reading.
The product: Genesis Global Network is an online advertising company that allows you to purchase business units (BU) so you can promote your other products and businesses.
Then, as an affiliate, you can profit from these business units, both on your personal advertising sales and the sales of the people you personally refer.
Business Units are just traffic packs. You’re essentially paying for advertising.
Typically, products that are in the make-money-online space convert well with this traffic, as those are the type of people that usually join these types of programs.
I like to think of these types of businesses as the ultimate complementary business to your main product or deal…they supply great traffic, and offer an absurd opportunity to cash-in on long-term residual income.
The opportunity: As a previously visited, Genesis Global Network can also be a lucrative business opportunity.
You get paid in a few different ways:
First, you earn off of the business units (BU) from your personally-sponsored affiliates.
There are a few levels in the company, but if you take the business seriously, you would want to come in at the Emerald level, where you earn 10% on your PSAs, 3% on your 2nd generation and 2% on your 3rd generation.
As their website says, “Affiliates may purchase BUs for $1.00 each and from a minimum of 10 to a maximum of 10,000.” Packs also expire after 90 days.
You can see where this can add up quickly.
Also, there is urgency to get in early as Genesis Global Network is set up on a 2×5 forced matrix. I actually like this, because it gives people much more urgency to join instead of talking about the weather for a few weeks….
…after all, this isn’t the industry for tire-kickers or excuse-makers.
Then, you get paid 5% on your own business units as well.
In other words, by joining and just purchasing business units (and recruiting nobody), you are still locked to make a profit, eventually.
Finally, a small percentage of the BU sales go into a company pool, and are profit-shared to all the company affiliates on a daily basis (Monday though Friday). This is called the rebate rewards pool, or RRP.
The Verdict: Bottom line is this…the company is good, but the industry is flawed.
Industry is flat-out sketch, to be candid.
Almost all of them go under eventually.
Same dog and pony show. You get in, some make a few bucks, but most of them end up losing their money. There are better ways.
In other words, you might like our training because of social proof.