Million Dollar Cycler - Home Based Business Opportunity Review
Million Dollar Cycler - Home Based Business Opportunity Review
Million Dollar Cycler, launched in the first few months of 2010, is one of the newer opportunities out there for those of you interested in getting into Multi-Level Marketing. Its parent company owns several online businesses, including advertising and web hosting, and was founded in 2008.
This new Multi Level Marketing opportunity will be available worldwide. A one-time membership fee of $25 is required with no additional monthly or annual fees. The first 1000 members will be granted special VIP status and access. As of September 25, 2010, Million Dollar Cycler had 934 members.
Initially, members can have as many as 3 accounts, with multiple spots cycling daily. There are 10 cycling levels beginning at $10 and moving upwards to the $1,000,000 level. Million Dollar cycler does not require its members to recruit. However if you do not it will have a negative affect on your cycle payouts and you will miss out on the $5 bonus you receive for every new member you sign. You are required to have at least 6 members in your downline to complete cycle A.
Members are allowed to promote using classified ads, opt-in safe lists and auto responders provided they use quality leads with their own IP addresses. Million Dollar Cycler also provides members with banner ads, links and many other tools for promoting. Payments to members are made through company processors and you must earn at least $50 dollars before requesting a withdrawal.
Million Dollar Cycler's products consist of business building tools that they say are valued at many thousands of dollars. Access to detailed information on the product line is not allowed until the initial membership fee of $25 is paid. The company claims fast support for its members, however details are not available until the membership fee is paid.
This appears to be a legitimate opportunity for the home based business owner, provided they have the skills needed to properly market this opportunity. Be aware that approximately 95% of home based businesses never succeed, Why? There are roughly 20 billion webpages and 70 million websites on the internet today and if you do not have the skills to make your business stand out with this level of competition, you will almost certainly fail.
Arm yourself with information, before you sign up with any online business partner, make sure you know what kind of return you will be getting for your time and money. Most importantly, ask yourself if you have the marketing skills necessary to succeed. If not find a comprehensive one on one marketing, mentoring and coaching program that can teach you the skills you need to succeed with any business online. Opening a Business from Home Legit Online Home Business Opening a Skin Care Business from Home Why You Should Open a Home Business An Online Home Based Business Owners Resolutions For 2011 The Search for Home Business Opportunities Finding Your Ideal Home Business So Many Home Businesses, So Little Time Home Businesses You Can Start for Free Tips on Researching Home Business Opportunities The Importance of Passion in Home Business Home Based Business Ideas Home Business Idea: Earning In Your Home