In the digital age, it's almost impossible to have an email address and not be bombarded with promises of quick riches. The latest wave of these schemes is cresting with a program called MyListMaker. Before we delve into the details, it's important to clarify that this is not an accusation of fraud or a guarantee of wealth. It's simply an exploration of the program's structure, promises, and potential outcomes.
MyListMaker operates on a 3x10 forced matrix system. This means you recruit three people for your first level, and they each recruit three people for their levels, continuing down through ten levels. Each member is required to sign up four members, with any "spillover" being forced into existing downlines.
To maximize the benefits of this program, you're encouraged to refer four people within the first three days of joining. This supposedly builds a mailing list of up to 80,000 addresses for you. Additionally, you earn $10 per referral, which theoretically could net you $800,000. Even without the referral fees, the prospect of a mailing list of 80,000 addresses is enticing.
The referral fee structure is as follows:
However, no payment is made until you have referred four paying members. Membership costs $89, and you won't receive payment until your account reaches $200. The program provides no information about what happens to money in an account that doesn't reach the $200 minimum payment amount. They also make no guarantees about potential earnings.
The main issue with MyListMaker and similar multi-level marketing (MLM) programs is the lack of tangible products. The money is earned by recruiting new members, essentially redistributing the membership fees. Without any real incoming revenue, it's essentially a game of passing money around. For someone to earn $800,000, there would need to be a significant number of members who earn nothing.
The program's sales letter claims that most opt-in lists are useless because "everyone is posting, and nobody is reading". However, if you're considering joining, what's your motivation? Are you planning to promote your own offers? Just because someone pays to be on a list doesn't mean they're more likely to read the offers they receive. Many people join with "disposable" email addresses, leading to a lot of deleted emails.
The bottom line is that there are no guaranteed get-rich-quick programs. While some people at the top of the matrix and the creators of the program may earn some income, the only way to truly create a successful online business is through hard work and quality products.
Building a large mailing list of people who will open your emails requires quality products, valuable information, and a relationship of trust. A good rule of thumb is to invest in your business for a year. If you can persist without giving up, your business will likely succeed. Most internet marketers give up before a year.
The allure of get-rich-quick programs will always be there, with their tempting promises. However, it's crucial not to let them distract you. Success is achievable without them.
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