I’m sure the title of this post has some of you thinking that I have nothing but negative things to say about this company but I can assure you that I am completely unbiased when it comes to programs like this as I have been through them at one point in my online career.
So through this My Success Mastermind review, I am not here to bash the company but rather to give you a better understanding of how everything works and what you will be getting involved with.
If you know nothing about revenue sharing, you can learn about that here.
But before you go back to the person who introduced this site to you, let me get straight to the point as I’m sure you could be doing something better, like building a real online business or something.
Let’s get right into things shall we?
So What Exactly is My Success Mastermind?
My Success Mastermind is a revenue sharing company that claims to pay you every 12 hours along with allowing you to withdraw that money instantly.
There is no tangible product that comes with this site but rather advertising packages (adpacks), from which you can use to advertise your business.
Although they do claim that they have a very trusted admin, there is no indication of who owns or runs the site, which is very typical with sites like this.
The idea of advertising and revenue sharing has been around for years and is what started the concept in the first place.
However, there is a lot more about these ads that you need to understand before we even get into how everything really works.
Advertising is Nothing But a Front
When it comes to sites that claim to make you money, there are two things that are required in order for them to be considered legit.
One is an actual product or service and secondly, they need an income disclaimer of some sort.
Revhsares use advertising as its product and only to check the box.
The adpacks you will be purchasing are really nothing but a disguise and the audience will be nothing more than the same people who joined this site to make money in the first place.
There is only one reason why anyone would join My Success Mastermind and that is to make money.
The way it works is also very simple and those involved know exactly how things operate.
How it Works
When you land on the site, it is actually really flashy but can be explained really clearly.
However, they leave out the main points, which I would like to explain next.
So how in the world can you make money with My Success Mastermind?
Well, it’s really as simple as having others join.
When others join by purchasing ad packages, that money along with everyone else’s money will then be put into a pool that distributes it according to the pack you purchased.
It might seem like magic but it is designed in a way that it pays its members at a decent rate, all while buying time to get other members to join.
Make sense?
The Price + Compensation Plan
To get started with My Success Mastermind, it is going to require a minimum deposit of $25.
When you join My Success Mastermind, it is going to be very affordable but the incentive on the other hand is what makes people promote this site.
For every new person that you bring into the company, you can expect to make some money.
Not just money but 3 levels deep.
Of course buying in at the highest level will give you the highest commissions, which is just another strategy to get you to invest more money.
So if you bring one person in, you will get 8% from them, 5% from whoever they bring in, and 3% from whoever that person brings in.
Pretty sweet, right?
Well that is very much needed or you can forget about making any money.
See a full breakdown of costs and commissions below for a better understanding.
Does it Work?
It can but there are some things you need to understand.
Firstly, do know that it is going to take at least a month before you see any profits.
Secondly, the amount you make and how fast it is made will be determined by how much money you decide to put in.
So if you pay the bare minimum of $25, don’t expect to see any fast returns or anything worth bragging about.
It will take one month and you will only see 35% on top of what you invested, which will put you at around $30 some dollars.
Lastly, you need to understand that when no one new comes in, then no one will get paid.
And if no one comes in after you, it is only a matter of time before they come up with the many excuses as to why you are not making any money.
These sites will NEVER last.
Period.
So before you put in any money, please understand what I just said as it is the most important part of this review.
Pros & Cons
Pros:
- Can actually make you money
Cons:
- Is not really legit
- Requires new funds for anyone to make money
- Is very risky
- No guarantees
- Will not last
Final Verdict: Not recommended
There is no telling when this site will stop paying but it is definitely not worth the risk.
If you aren’t in the good old boy’s club, then don’t expect to be one of those that are in profit before everything gets shutdown.
Before sites like this launch, there is always a group that knows when it will launch, so they will get their money in before everyone else.
Once that happens, everyone else that gets in will simply pay those that got in early.
I have made money from revshares but I have also lost, so it’s really just a matter of getting in at the right time.
Do I think this will last?
Of course not.
So please do join at your own risk but at least you know exactly what you will be getting yourself into.
Conclusion
Revenue sharing is not anything new and there have been many that came and got shutdown a lot faster than expected.
I was almost certain that I would never see another revshare after the shutdown of My Paying Ads but I was wrong.
Once digital currency came along, you saw more and more revshare sites arise as they used it as leverage.
Companies like USI-Tech emerged but eventually got shutdown once the FTC got involved.
That’s just how it is and there is really nothing we can do about it, especially when these types of sites are operating outside of the United States.
Well that’s all from me for now and I hope this review has helped you understand things a little better.
If you have any questions, feel free to leave them in the comments section below.
Cheers!
P.S. Don’t forget to checkout my top recommended work from home opportunity.
Click Here to See My #1 Recommendation
Is Multilevel Marketing (MLM) a Scam?