YourNetBiz Review: About the Products, the Mentors and Is It a Pyramid Scheme?
When you come across a page on the Internet that promises wealth, health, and happiness simply by entering your credit card details into your browser, there are many reasons to be suspicious. YourNetBiz may seem like a “get rich quick” scheme, but there is much more to it than meets the eye.
So what is YourNetBiz really?
YourNetBiz (formally MyInternetBusiness) is essentially an online training course that shows you how to create a web presence, gain traffic, and make money online. In addition to the training, you’ll gain access to a massive vault of software, eBooks, and videos covering all different topics and genres, ALL of which you own the master resell rights to and keep 100% of the profits. The big money to be made is reselling the entire opportunity to new members. Right now the skills you learn within Your Net Biz are in high demand and therefore there are many people looking for a ‘business in a box’ like this.
Is it a pyramid or a ‘cash gift’ scheme?
Some may be wrong in thinking that a commission should be paid on sales to your sponsor. This is not the case, as the core business is structured to ensure that everyone has a mentor for life. Your sponsor has a financial interest in your success and makes sure that once you join you don’t get stuck with it. This also applies to you when you become a mentor yourself… the more you help your members, the more money you’ll earn.
Before joining YourNetBiz (formally MyInternetBusiness), I was a member of Passport to Wealth. Passport was a very MLMish opportunity with a handful of products that you would have a hard time reselling and was basically a cash giveaway in disguise. YourNetBiz is NOTHING how that. Although I’ve spent the last 7 years running online businesses, I found some of the training so helpful that I’ve actually implemented the strategies to great effect in my eCommerce stores where I sell actual physical products.
How are the electronic products? Are good?
As you would expect when putting together a collection of 1800 products, there will be a few that aren’t that great, but overall they are all very useful and resellable. One of the things that I personally like is the fact that you can package multiple products together and sell them as a bundle. There are also ‘private label’ products. These give you the rights to take the content and brand it as your own products and sell it again as your own, which I think is a nice touch.
Don’t forget that all the products are there for you to download for free…so if you want to learn more about a particular topic, you can download the videos, eBooks and software from the vault for free.
choose a sponsor
One of the big decisions you have to make when joining Your Net Biz is who to sponsor. It’s tempting to go for the ones that ‘show the cash’, doing so could be one of the biggest mistakes you make. YourNetBiz actually prohibits people from trading using proof of income due to the fact that not only are they abused (it’s actually quite easy to falsify income and I’ve seen it very recently), but none of these sellers ever show up on any of your cost of earnings. like advertising, payments to yournetbiz.com or its sponsors… which add up to a considerable amount.
If you want to spend your time looking for fast cars and money, buy OK Magazine, but if you want to learn how to make money online, find someone who can give you the support, time, tools, and website you need to become a a prominent force online.
My advice is to avoid the ‘bling’ sellers entirely and go with a sponsor who will add value and get you up and running as soon as possible. If you search, there are some great sponsors who will do everything they can to help you. If you would like more information on choosing a sponsor, I have a dedicated page on my YourNetBiz website listed at the bottom of this page.
There are four levels to join… which one is best for you?
There are four levels to join; bronze, silver, gold and platinum… increasing the registration fee at each level. It goes without saying that most sponsors will try to get you to join platinum as that is where the highest commissions are. The main difference between the levels is the number of products you get and the fact that you can only resell up to the level you are at; so if you are in gold you can sell anything up to gold level.
When deciding which level to join, keep in mind how much money you have left as your marketing budget… If joining platinum will really stretch your budget, then don’t. You can always join Silver and upgrade when you feel comfortable with the way things are going and when you start making money (upgrading costs +20% difference in membership cost)
If you have a little money to invest and want to make money online, then YourNetBiz really is the one to join. It combines everything you need from training, products and a great networking opportunity with other people making money online which alone opens many doors.
But please, if you think for a second that you can sign up, not go through any of the training, just open a website and you mystically start making money, then you are kidding yourself. Considering the amount of money you can earn from each individual member that joins you, there DOES exist competition. If you’re smart, make sure you get money from your sponsor (be sure to ask what they’ll do for you BEFORE you part with the money) and start with a head start, you’ll be well on your way to making your first batch of money online.
Any additional advice is to try not to be a ‘one trick pony’. Use the training and knowledge you’ve gained through YourNetBiz to earn money in other areas. What you will learn will give you the skills and understanding of exactly what you need to do. Honestly, it’s easier than you think to make money online if you’re willing to spend some time training, listening, and sticking with it. If someone were to ask me how to get started in Internet Marketing, I would point them directly to YourNetBiz.
I hope you found the review of interest and I wish you every success for the future.