Some are saying bitcoin is the greatest invention since the internet.
Many that believed in the .COM era long before it became mainstream profited greatly from joining the game early.
Those mavericks that started using email marketing, Google adwords, website / blogging, & then later on social media long before it was cool, catapulted their businesses/careers to massive successes.
Anticipating what will be hot in the future, & taking actions in the present in accordance with that read or intuition is a real thing. A skill with massive upside.
Much the same way, early investors of Bitcoin have become multi-millionaires virtually overnight.
Is it too late?
Many indicators show that it is not.
Ya know, shit gets real when geeky 20 some year olds are able to retire & buy cars, houses & start big businesses on the backs of their bitcoin portfolio they invested few bucks on back pre-2012.
Bitcoin, the first decentralized currency with many promising advantages & practical utility over fiat currency.
It is becoming increasingly clear that bitcoin has some sort of function to play in our society.
Recent surge in popularity has begun to usher in industries that are running entire businesses with bitcoin.
Bitcoin mining companies that have millions of dollars invested in mining equipment.
There’s big business happening with bitcoin.
A lot of money are being poured into this bitcoin phenomenon.
Similar to the recent surge of medical marijuana / cbd industry.
Many are saying bitcoin can be the biggest transfer of wealth in history.
I’m all for that. We all should be.
I rather have creative, intelligent, well-intentioned geeks (computer programmers & inventors) becoming wealthy versus our current greedy, self-centered, old-school wealth holders of the pharmaceutical, oil, private bankers, etc.
Many are looking for how best they can join the game before its too late.
What is the best way to make money with Bitcoin?
How do I invest or best build my bitcoin portfolio?
My local lead generation business now generates multiple 6 figure income for me on autopilot, so I have time during the day to continuously research new business opportunities. Bitcoin is definitely one that I’ve researched extensively on.
- Why Network Marketing Company & Bitcoin is a Good Marriage?
- Is it a pyramid scheme?
- Here are the Top 3 Bitcoin MLM Companies’ Reviews
- Mindset 24 Global Review
- Mindset 24 Global Compensation Plan
- USI Tech
- iCoin Pro – The Very First Crypto Currency Training Platform that Pays Affiliates in Bitcoin
- My Final Thoughts on Bitcoin MLM
Why Network Marketing Company & Bitcoin is a Good Marriage?
What increases the odds of Bitcoin or any cryptocurrency’s survival & to ensure its continual rise in value is that cryptocurrency’s wide adoption.
More people use it, the more practical it becomes, the more value it will be placed in our society.
Why does MLM help bitcoin?
MLM or multi-level marketing company is a company that uses a marketing model that allows its customer base to promote the product for a commission.
It is called “Multi-level” because as you recruit people into the company, you can earn commission on multiple levels, so whoever your recruit invites & then their recruits, so on & so forth.
Is it a pyramid scheme?
There is nothing inherently wrong with the MLM model.
It is a model that was created by an entrepreneur, Carl Rehnborg, from California in 1930’s to help promote his supplement company.
As long as real products are being sold by the affiliates where there is a real exchange of value. Money spent = good / service received. It is a legitimate business.
Whether that company then decides to pay bonuses to their affiliates in some multi-tier way is really no-one’s business.
The problem begins when companies begin selling just the mere business opportunity backed up by nothing but hype & many are being duped into an opportunity where it only benefits people that joined before them with no goods or services being given for the money spent.
Anyway MLM is a business model that has the ability to spread like wildfire.
Potentially turning any of your customers to your sales/marketing force.
How MLM’s work.
Step 1.) There is a physical or digital product being sold by the MLM company.
Step 2.) There’s also some sort of business opportunity attached to it where you can choose to become an affiliate for that company, selling their products for a commission.
Step 3.) Besides commission from the direct sale of product, there’s additional incentives built in, compensation plan of allowing you to earn more % of the sale from your recruits’ sale, & their recruits’ through multiple levels.
But at the end of the day, that commission is only being earned through the actual sale of goods or service.
So there is the actual tangible value being exchanged per each sale.
Not just an empty business opportunity promise, which = pyramid or ponzi scheme.
Don’t get me wrong, some MLM companies walk a real fine line of being shut down by the FTC (Federal Trade Commission)
There’s quite a few MLM’s starting up now based in bitcoin, definitely trying to capitalize on the recent viral sensation of bitcoin as well as with bigger picture in mind.
A sound MLM company that operates on bitcoin has the potential to become a major player in contributing to bitcoin’s wide adoption.
What makes joining a bitcoin MLM so attractive?
It is potentially the most leveraged way to increase your bitcoin portfolio.
Here are the Top 3 Bitcoin MLM Companies’ Reviews
There might be your best bitcoin network marketing opportunities to join in 2018.
Mindset 24 Global Review
This is a groundfloor opportunity to join Kevin Harrington’s new hybrid MLM/affiliate marketing business that sells mindset / personal development type of digital products that accepts payment in bitcoin & pays affiliates instantly in bitcoin.
The CEO and co-founders are Paul Nash, Brian Mclane, and marketing partner Kevin Harrington, who has been one of the longstanding panel of the hit show Sharktank & formerly famed as the creator of “As Seen on TV”.
Kevin along with many other acclaimed experts like Russell Whitney Jr., a keynote speaker that made $750K in one day, will be creating the massive library of digital content available in the back office of Mindset 24 Global.
Digital product has advantages over a sale of physical product in multiple ways. The speed & ease of delivery, can be sold to any country without issues dealing with customs, and instant access upon purchase.
Niche is on mindset hence the name mindset 24 global, 24 stands for everyone has 24 hours in a day to make a better life. Get the training from some of the best entrepreneurs in the world to how to most effectively spend that 24 hours.
Mindset 24 Global Compensation Plan
pretty large commission of 70%.
With overrides & other bonuses earned through your recruits.
In order to sell a certain digital product, you have to purchase it.
Again, the commission is paid instantly in bitcoin as soon as the affilaite generates the sale.
This company could be a great opportunity to increase your bitcoins, especially if you’re passionate about personal development or entrepreneurial-ship.
USI utilizes AI assisted Forex currency trading program to automate large amounts of bitcoin day trading. USI also invested in multi-million dollar bitcoin maining facilities in Iceland.
When you join USI Tech you can buy packages which last 6 months and during that time, they promise to get you at least 150% ROI on your bitcoin investment into the company.
They get this return using their proprietary trading software & their mining operations.
Members report on average around 140% ROI on their bitcoin investment.
But they also pay out 35% of their profits in commission bonuses for recruitment 12 levels deep.
I have personally joined USI Tech and invested $6000 USD into their packages myself, after reading reviews like these online:
Unfortunately, in late 2017, they got in trouble with the FTC because some of their affiliates were promoting USI on craigslist in a untruthful or overly hyped manner.
To avoid serious legal problems in the US, they ceased all operations in US, and now USI tech is only available in Europe & Asia.
Many of the US affilaites including myself are still stuck in limbo trying to figure out when we will get our money back that we invested in their packets.
Its been few months now, with little to no progress so far. Stay tuned.
USI was one of the most trusted & promising bitcoin MLM company with their owners regularly making public appearance & putting their name on the line, but at this time sad to say they have lost a lot of credibility amongst the members at least the American ones.
Still seems like a great opportunity though if you’re outside the US. As US has one of the most stringent business laws in the world.
iCoin Pro – The Very First Crypto Currency Training Platform that Pays Affiliates in Bitcoin
Founded by the avid cryptocurrency investor Paul De Sousa and financial investing expert Lloyd “Bigg” Dotson
This is a digital cryptocurrency university where they teach you not only about cryptocurrencies but step-by-step guides on how to earn daily with cryptos. Each lesson comes with its quiz and after completing the entire program, you receive a digital cryptocurrency diploma.
Many users report learning valuable lessons from this program whether they were a beginner or considered advanced.
They pay out in Bitcoin or fiat currency.
My Final Thoughts on Bitcoin MLM
Joining an MLM that pays out commissions in bitcoin is a great opportunity to increase your bitcoin portfolio.
Under one condition.
If you already know how to dominate the MLM opportunity.
Meaning in order to succeed at MLM, you gotta be able to generate MLM leads at scale.
You need at least one of the skills below
- will & determination to actively pursue prospects (face to face, meetups, home parties, striking up conversations)
- know how to rank a website in Google for that MLM company or related keywords.
- okay with pursuing family & friends
- already established personal brand (with good amount of followers)
The problem for most of us, including myself, is that it’s really difficult to actively pursue prospects (a lot of work) that’s not so enjoyable.
Especially having to try to recruit family/friends. awkward.
Then your only option is knowing how to generate free traffic by ranking sites or making youtube videos.
Unless you’re already a pretty big personal brand on social media.
Ranking sites will produce the best results, but the problem is for most newbies is that to get to page 1 of Google is pretty darn difficult.
Most MLM business opportunities lack proper training on how to actually build the MLM business.
They don’t want to alienate the wide range of audience that would want to join the company, right?
So they really don’t want to talk too deeply about how difficult it is to actually recruit people into the MLM on a continual basis.
That would deter a lot of new recruits.
They don’t want to hype it but still make seem like anyone can make money with their MLM model, and in theory you can.
Most everyone has family & friends they can promote to.
but is that really a sustainable business?
Pretty soon everyone will exhaust their warm market.
You’re then left with needing to learn lead generation.
Here in lies the biggest challenge for MLMers. Where do I get leads?
It’s much more difficult than people think.
This is my only gripe with MLM opportunities.
Most people that join don’t have a shot at making great money with MLM.
USI Tech had some promising potential because their software and mining rig would give you 140% ROI whether you recruited anyone or not.
But that opportunity is not present any longer, at least in the US. And at this point, I strongly question the integrity of the owners in how they dealt with the recent issues.
I looked at many money making opportunities over the years because I have a burning passion for internet business.
I’ve found time & time again the most important skill one needs to grow a business online is to master the ability to get attention.
Money follows attention.
You can go about it in 2 ways.
Using Paid Traffic or Free Traffic.
Paid like Facebook ads is good because it can produce immediate results, the bad is you gotta pay quite handsomely for your traffic and sometimes it doesn’t work whilst FB still taking your money.
Free can take some time, but it is by far the most sustainable way to build a business.
You landed on this site because of my skill to produce free traffic.
Everyone thinks generating Free traffic with SEO is difficult.
Yes ranking for affiliate keywords or MLM keyword is pretty tough because you are dealing with millions of other affiliates or distributors out there.
I wouldn’t recommend that.
This is why I like Local marketing with free traffic, because local rankings are still very very easy, and there are so many lucrative opportunities out there in local.
Like making $2000 per month on-going from one dentist-client.
Its what I’ve used to build my first multiple 6 figure business. Able to retire from home and work on new projects like this blog & more.
Unlike a MLM.
You don’t have to worry about the MLM company shutting down or getting in trouble by the FTC.
You take home all of your profits, not peddle products for other companies that make profits on your hard work.
You don’t have to host silly home parties or feel awkward pitching to friends & family.
Go here to learn about our proven system to build your own local lead generation business, that’s ethical, evergreen & long term.