Welcome to my third party unbiased My Econ Review!
Should you join My Econ? Is this a legit business opportunity or just a huge scam? I decided to write an MLM Company Review about their business opportunity to help you make an informed decision.
Chances are, someone hit you up to join their My Econ business as a new team member, with the opportunity to make money simply by sharing their products and business opportunity with others.
My Econ is a network marketing company that specialize in financial literacy & education space, and they have a compensation plan that pay affiliate commissions to their distributors for the customers they refer. (Similar to how you make money online Affiliate Marketing)
But how does My Econ compare to other network marketing companies on the market? In this review, we’ll take a closer look at My Econ in three categories: company, products, and compensation plan.
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My Econ Company
My Econ was founded in 2005 by Dr. Lawrence “Larry” H. Felder and Ivory J. Johnson.
The company’s mission is to empower people by providing them with the knowledge and tools to improve their financial well-being.
Dr. Felder, a former economics professor, developed the company’s financial literacy program to help people improve their financial literacy and better manage their money.
The company is headquartered in Gwinnett County, Georgia and has been featured in Forbes, The Wall Street Journal, and Black Enterprise.
My Econ Products & Services
My Econ offers a range of financial education products that aim to help individuals manage their finances better.
Their products include financial coaching services, debt elimination tools, credit repair services, tax preparation services, and more.
They also offer a business opportunity for individuals who want to earn income by sharing My Econ’s products and services with others.
My Econ Business Opportunity
My Econ’s compensation plan is based on a binary model that rewards distributors for building a team and generating sales.
Distributors can earn commissions on sales made by themselves and their team members. There are several ways to earn money, including retail sales, fast start bonuses, residual income, and more.
To join My Econ as a distributor, there is a one-time fee of $47. This fee covers the cost of a distributor kit, which includes training materials, access to the company’s back office, and more.
Commission rates for My Econ distributors vary depending on their rank and the amount of sales they generate.
Distributors can earn up to 50% commission on retail sales and up to 15% commission on their team’s sales. There are also opportunities for bonuses and incentives for top-performing distributors.
Conclusion: Is My Econ A Legit Business Opportunity or Is It a Scam?
So is My Econ a scam?
I personally don’t think this is a scam based on my research and experience in this industry over the years.
Overall, My Econ appears to be a legitimate network marketing company with a focus on financial education and empowerment. The company’s founders have a strong background in economics, and their products and services seem to offer value to consumers.
Their compensation plan offers multiple ways for distributors to earn money, and the cost to join is relatively low compared to other network marketing companies and they actually pay their sales reps/affiliates.
So all-in-all I think it’s legit
In conclusion, I believe My Econ is a legit business opportunity & network marketing company that you can really make money online with.
Now, if you want to learn how to get sales/referrals for My Econ or any business opportunity or affiliate offer & make money online, then..
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and get all the help & support you need to succeed!
anyways, I hope you enjoyed my My Econ review and if you have any questions feel free to ask. See my contact info below…
Ricky Williamz
Email: simpleonlinemoneymethods@gmail.com
Facebook – facebook.com/rickwilliamz
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