Is 8 Figure Dream Lifestyle a scam or a great opportunity to make money online and live the high life? They claim you can make mega bucks with their system, but is this really the truth?
Let’s take a closer look and find out…
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Company Name: 8 Figure Dream Lifestyle
Owner: Uncertain
Price To Join: $2000 to get started
My Rating: 0/10
~ 8 Figure Dream Lifestyle Reviews ~
What Is 8 Figure Dream Lifestyle?
There has been a lot of hype about this platform, with its promises of huge money and loads of affiliates promoting it on social media (I’m not affiliated with 8 Figure Dream Lifestyle, by the way). This is a big ticket system that works on the multi level marketing (MLM) business setup.
The actual product is the platform itself. The idea is to promote 8 Figure Dream Lifestyle to others, get them to join and buy in. This way you earn commissions and build a downline. Along the way, as you make more money, you buy yourself into a higher membership level so you have the opportunity to make even more money.
What this is, is a money matrix. These are extremely popular these days as they appeal to the make money easily and get rich quick dream (or should I say fantasy). The main difference with this one is the astronomical price to join and get started. Some start at a mere dollar with the average being about $20. This one starts out at a massive $2000!
Sure, it potentially means you can make a lot more money, but the risks are also exponentially much greater too.
This is nothing more than an illegal Ponzi scheme. Those who invented it are likely to get filthy rich no matter what happens, but the majority who join will just be left feeling disappointed or depressed after losing some serious cash.
There are a lot of replica websites out there, as this is an invitation only type of gig, so it’s pretty hard to actually find the original 8 Figure Dream Lifestyle website. All the affiliates have their own replica websites which look just like the original.
Until you actually buy in, you can’t access hardly any details about this operation.
For something more simple, transparent and infinitely cheaper to try, give affiliate marketing a go. It's pretty easy to get started when you do the training on offer at Wealthy Affiliate. You can start for FREE!
The Compensation Plan
This is based on a one up style of compensation plan. What this means is that after you join and pay the fee, the very first commission you earn doesn’t go to you, but to the person who invited you. This is how it works with your subsequent referrals as well. They won’t get their first commission either. It will be paid to you.
The actual company makes money by attaching an admin fee to every single transaction. The admin fee in known as the “License Cost”.
Let’s look at the various membership levels.
The Basic Membership Package:
- Cost = $2000
- License = $195
- Commission = 100%
Builder Membership Package:
- Cost = $3500
- License = $295
- Commission = 100%
Advanced Package:
- Cost = $6500
- License = $395
- Commission = 100%
The Pro Package:
- Cost = $12,500
- License = $445
- Commission = 100%
VIP Membership Package:
- Cost = $22,000
- License = $495
- Commission = 100%
Talk about spending the big bucks to try and make some. With those license fees, the 8 Figure Dream Lifestyle owners will likely be the only ones living the 8 figure dream lifestyle. No doubt they originally put money into the matrix themselves and are making a killing on commissions as well as the License Cost per transaction.
Copy how I'm making $1000s a month on the internet!
The idea is the more people you can recruit into the matrix, the more money you stand to make. By the way, in order to be eligible to earn commissions at a particular membership level, you first have to buy into that level yourself. That’s going to take some serious cash and leave you with a lot to lose.
Even the starting point of $2000 is a lot of money to risk for most people. And there’s absolutely no guarantee that you’ll make any commissions at all with this scheme. If you don’t buy into every level and a recruit makes a sale that is for a level higher than yours, the sale will roll up to the next person in line who is qualified to earn commissions on that level. That means you miss out entirely.
Target Audience
This is targeted at those people who love the money matrix, MLM system with no real product behind it. It also targets the get rich quick type of mentality.
Tools and Training
You get a replica of the original website to use for your recruitment. It seems most people target Facebook groups and Google Hangouts to try and entice others to join.
What I Like
- The name of the system. That’s about all
What I Don’t Like
- This is nothing more than an illegal Ponzi scheme that costs more than most others
- These schemes cannot sustain themselves and are always doomed to fail
- Most people won’t make any money. They will just lose their investment
- It takes a hell of a lot of work to recruit people into these schemes and hand over their cash
- How hard will it be to convince people to join when they have to take a $2000 hit just to try it out?
- You will get yourself labelled as a spammer and a scammer in your social media circles
How Much Does 8 Figure Dream Lifestyle Cost?
As we covered in the compensation section above, it costs $2000 to even give it a try and see how it goes. That’s a big investment just to test the waters. The idea is to use the money you earn to buy into the higher levels, if you can recruit enough people to be able to achieve that. You need to become a recruiting machine to make this work.
You could potentially end up spending close to $50,000 on this system.
Is 8 Figure Dream Lifestyle a Scam?
This is a scam, a Ponzi scheme, a super expensive money matrix with not even the premise of a product. The amount of money you have to invest to give it a go is too risky. These schemes always fold after a while because the recruits dry up and their is no new investment money to pay the previous investors.
You can’t win with this system. The only people banking serious cash are those right at the top of the pyramid. They have the least risk while you have the most.
Schemes like this one are a lot like gambling, so you might have better luck with this lotto system.
Make REAL Money Online!
I prefer to make my money in a way that is a lot less risky. I’m not really into the high stress of gambling. What I do may take more work and longer to get going, but it is stable and the income keeps on increasing with every month I’m in business. I live the lifestyle freedom that is only possible when you have both money and the time to enjoy it.
I do affiliate marketing for a living and anyone can be successful at this if they are shown how to do it right.
If you would like to discover more about what I do and learn how to get started, just click the banner below for more info.
Darren Burton
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