Cash Dojo Review – Good Penny Auction Site?
Welcome to my Cash Dojo review!
Chances are you have been approached by a member or even spammed the heck out of on Facebook and now looking to see what this company is all about…
Well, you came to the right place because I am going to walk you through Cash Dojo so you can make the right decision to join it or not…
Are you ready?
Find out if this company is legit or another scam.
All I ask is to pay attention and read this blog post all the way through 🙂
Cash Dojo Review – The Company
The website was registered May 11th of 2007 and the earliest Cash Dojo existing is claimed to be in 2013 in their Linkedln profile.
The company seems to be operating within Nicosia, Cyprus.
But then when you read their compensation plan document, it says the company is headquartered in Vancouver, Canada as “The Cash Dojo Network Inc”.
Looks like the President and CEO of the company is Albert Liske…
Then I also see Natalie Wood being the CEO with Kevin Grimes credited as the companies “Attorney at law”.
If I get more information, I will update this blog.
Cash Dojo Network – The Product Line
The only thing this site offers is penny auctions, but as of right now I don’t see anything running…
So the main product I guess would be “Penny Dojo Bids”…
Other products that were mentioned in the compensation plan include “SEO products”, an energy drink, coffee and “beauty products”.
Very very strange line of products for one company…lol.
Now that we know a little bit about their products, let’s take a look at the compensation plan….
Cash Dojo Reviews – The Compensation Plan
When I checked out their official document, it was over 48 pages…that’s craziness! lol.
I will do my best to keep it short and simple…
Cash Dojo Affiliate Ranks:
There are several ranks for affiliate in the Cash Dojo Comp Plan…
Blue-– invest a minimum $99.99 a month, accumulate at total of at least 300 points and generate at least $300 in retail consumer sales (minimum 3 clients) or $600 in marketing earnings a month
Yellow— invest a minimum $199.98 a month, collect a total of a minimum of 500 points and generate a minimum of $2000 in retail client sales (minimum 5 customers) or $4000 in advertising revenue a month
Orange— invest a minimum $299.97 a month, build up a total of a minimum of 25,000 points and create at least $25,000 in retail client sales (minimum 250 consumers) or $50,000 in marketing revenue a month
Purple— spend a minimum $399.96 a month, collect a total of a minimum of 100,000 points and generate at least $100,000 in retail consumer sales (minimum 1000 clients) or $200,000 in marketing income a month
Black— invest a minimum $499.95 a month, accumulate a total of a minimum of 1,000,000 points and produce a minimum of $1,000,000 in retail consumer sales (minimum 10,000 customers) or $2,000,000 in marketing profits a month
Red— invest a minimum $599.95 a month, accumulate a total of a minimum of 2,000,000 points and create a minimum of $2,000,000 in retail client sales (minimum 20,000 clients) or $4,000,000 in marketing income a month
Brown— invest a minimum $699.93 a month, build up a total of at least 4,000,000 points and generate a minimum of $3,000,000 in retail consumer sales (minimum 40,000 consumers) or $8,000,000 in marketing income a month
The “POINTS” are recieved by doing variety of tasks within Cash Dojo.
The “Advertising revenue” refers to revenue made by using Cash Dojo Online like blog pages and web hosting etc.
Rank Advancement Bonus:
Cash Dojo affiliates are paid Rank Advancement Bonuses when they qualify at certain levels for the first time:
- Orange – $25,000
- Purple – $100,000
- Black – $1,000,000 paid over 12 months
- Red – $2,000,000 paid over 12 months
This is when an affiliate sells a product or service to non affiliates.
This is what is paid out in commissions:
- Blue – 15%
- Yellow – 20%
- Orange – 25%
- Purple – 30%
- Black – 35%
- Red – 40%
Other comp plan stuff:
- Check Match Bonus
- Car Bonus
- Auction Revenue Commission
- Bid Commissions
If I put all that information here, you would have fell asleep…
I want to keep this post simple as possible…
So the moment you have been waiting for….
Cash Dojo Network Review – The Verdict
Right now there isn’t a ton of information about this company so I can’t make an accurate conclusion…
I personally would hold off joining this company until everything is set and established…
A lot of companies go under in their first year and I don’t want any of you to experience that…
so for that reason, I am out.
There is good news, I have reviewed hundreds of companies and found TWO that are worth joining because of one thing…
You don’t have to recruit to actually earn.
The biggest reason for failure is the recruiting process so if that is eliminated all together, it increases your chances of success.
I would never set anyone to fail because I come from humble beginnings.
I was a car mechanic who got in an accident and no longer could work…
It was tough being the person who generated income for my family and could no longer provide…
I went through thousands of dollars before I found the opportunities that actually work.
If you just want to see what my personal recommendation is…
I know you will thank me later 🙂
If you are in Cash Dojo, please comment below and share with us your experiences.
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Bless and Be Blessed,
– Jesse Singh