My Modern Income Review - Legit Business Or Scam?

My Modern Income Review – Legit Business Or Scam?

There has been a little bit of buzz about this latest opportunity to hit the internet world…

I decided to dive in deep and find out what this was all about.

The biggest problem out there is this…

There are hundreds of opportunities to choose from and it can be overwhelming.

Worse is when you do decide to join, the actual opportunity ends up being a big scam.

Don’t fall victim to do that and do your research…

In this My Modern Income Review, I am going to walk you through the company, the products and compensation plan so you can make the right decision…

PAY close attention because making the wrong decision will cost you TIME and MONEY.

First, let’s take a look at what this new company is about…

My Modern Income Review – The Company

My-Modern-Income-Review

Website:  mymodernincome.com

Finding information on this new company is next to impossible…

The website doesn’t give you any information on the leadership at all…

Not sure why it’s so secret lol.

The My Modern Income website domain was registered May 25th of 2015, but the actual domain WHOIS information is set to private…

After doing some extra research, I found out  that a lot of My Modern Income affiliates are crediting “Pier-Luc Morin” as the owner of the opportunity, but I couldn’t find out for sure…

When a MLM company isn’t open about their leadership or who is running the show…

…I would think twice before getting involved…

Anyway, let’s look at what the product is all about…

My Modern Income Reviews – The product

My Modern Income specializes in advertising and sells coupons that are worth $20 each…

This is what you are investing in…

Each coupon can bring you back an ROI of 150% according to the website.

So when you get a membership, it’s bundled with a coupon package.

There is no other information…

The website is more of a big sales page encouraging you to buy these coupons and referring members…

There isn’t any retailable product here which can be a problem…

FTC doesn’t like that stuff lol.

Next, let’s take a look at the compensation plan…

My Modern Income – The Compensation Plan

The name of the game in My Modern Income is to invest in $20 coupons that pays out 150% ROI according to their website.

By paying a $500 annual fee, affiliates can boost the ROI to 200% per coupon…

When buying the annual membership, you also get shares in a weekly pool made up of 10% of the company-wide coupon investment.

Commissions are paid on members that have actually invested through a unilevel compensation plan.

Unilevel works like this:

  • 1st level: YOU
  • 2nd level:  your personally enrolled members
  • 3rd level:  Your personally enrolled members recruits.

And so on…

Each level goes unlimited wide.

So if you sponsor 100 people, they will be in your first level across.

This unilevel compensation plan pays 4 levels deep:

  • Level 1 – 10% commissions
  • Level 2 – 3% commissions
  • Level 3 – 2$ commissions
  • Level 4 – 5% commissions

Cost To Join My Modern Income

The actual affiliate membership is FREE.

To participate in the income opportunity, you have to invest $20.

Also, if you pay for the $500 annual fee, you can max out the coupon ROI.

My Modern Income Review – The Verdict

I don’t know how to say this….

But this is pretty much a Ad-Credited based Ponzi Scheme…

I am not normally negative but if there is an opportunity that’s not right I will call it out…

I don’t even think this company will be online 6-12 months down the road.

There are hundreds of opportunities out there with legit products and services, don’t fall into this “easy money invest $20 and make 150% ROI on it”.

If these systems actually worked, then the world have been rich by now…

I can recommend you hundreds of businesses you should look into, but I will save you time…

This is my #1 recommended opportunity

The reason for it is over 5,000 members got started and as a whole made over $1 billion in sales in 4 months.

So the sales were not from recruitment…

 

This is the only one click here

Anyway, I hope you enjoyed this My Modern Income Review and if you have any questions, please share them in the comments below…

Also,

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Bless and Be Blessed,

My Modern Income

-Jesse Singh

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