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Success Mastermind Review – Scam or Legit? Compensation Plan Breakdown

Welcome to my Success Mastermind Review.

One of the questions we would want to know is if Success Mastermind is a scam or not before we join.

We wouldn’t want to join an opportunity to find out later that it is not legitimate, and we end up losing all the money and time we’ve invested into it.

We are going to look at the information on the company, the products, and the compensation plan to determine whether it is worth it to join and make money with it.

Success Mastermind Review

I decided to take a closer look at this opportunity due to many promotions I’ve seen online about it and wanted to learn more.

This review will be unbiased and will take a look at if it is in compliance with the law and if it is, then it gets a pass, but if it does not pass, we tell you why.

With that said, let’s dive down and see what the Success Mastermind opportunity is really all about.

Success Mastermind Company Overview

In this section of the review, we are going to take a look at the Success Mastermind company information.

Success Mastermind Reviews

One of the things that we like to take a look at in an opportunity that you can make money with and also has an MLM aspect to it is to know who the owner is.

We like to see that that owner is:

  • Transparent
  • Proud of his or her company
  • No afraid to reveal who they are

In the case of Success Mastermind, the company owners are not that transparent.

Success Mastermind Company Owner CEO Unknown

There is no information on the company website about who owns or runs the company.

We did, however, took some time to dig into any information we can find on the domain name and here is what was found:

  • The domain name “mysuccessmastermind.com” was registered on 9-20-2018.
  • The domain name was privately registered.

Since the domain name was registered in private, there was no additional information that we’ve found on who owns the company by researching the domain name.

What is kind of sketchy is when we looked up the address that the company provides, a clothing store pops up.

The address also shows that they are from New Zealand, and a group of entrepreneurs operates the program but none are mentioned on the company website.

Either way, that is all we’ve found on the company information, let’s move on to the next section.

Another great review: Magnus Capital Center Review – Scam or Legit? Compensation Plan Breakdown

Success Mastermind Products Review

In this section of the review, we are going to take a look at the products that Success Mastermind provides.

Success Mastermind Products Review No Retail

Since we will soon learn that this has multiple layers of compensation you can earn technically makes this opportunity have an MLM business model aspect to it and one of the requirements that all MLM companies need to have is retail products.

Unfortunately, Success Mastermind does not offer any retail products for sale to people that just want to buy the product that the company offers.

This is an issue with compliance.

However, you can join as an affiliate member and get what the company calls “mind-blowing material that is supposed to help you live a better life”.

Additionally, when you join as an affiliate member you will also receive “ad credits” for your investment.

  • You will get 100 ad credits for every $5 you invest in any of the tier levels.

You can use these ad credits to advertise any website on the company website which in most cases your advertisement will only be seen by existing affiliate members.

Another great review: 50/50 Crowdfunding Review – Scam or Legit? Compensation Plan Breakdown

The Success Mastermind Compensation Plan Breakdown

In this section of the review, we are going to cover information on the Success Mastermind compensation plan and how you make money with it.

Success Mastermind Compensation Plan Breakdown

There are basically 2 parts that this opportunity offers as part of their compensation plan which is:

  • ROI Commissions
  • Referral Commissions

To get started and earn commissions with the Success Mastermind opportunity you will need to make an investment.

When you make an investment into 1 of three investment levels you will earn 30 days worth of daily ROI’s.

Depending on what tier level you invest in will offer a higher percentage of ROI per day that you can earn.

ROI Commissions

Here is a breakdown of the 3 ROI tier levels:

  • Basic Mastermind Tier – This investment tier is from a $5 to $495. When you invest in this tier you will earn a promised ROI of 4.5% daily for 30 days.
  • Premium Mastermind Tier – This investment tier is from a $500 to $1995. When you invest in this tier you will earn a promised ROI of 5.5% daily for 30 days.
  • VIP Doubler Mastermind Tier – This investment tier is from a $2000 to $50,000. When you invest in this tier you will earn a promised ROI of 6.7% daily for 30 days.

Referral Commissions

Success Mastermind also offers commissions when you refer people to the opportunity, and they also make an investment.

The way that Success Mastermind pays referral commissions is by using the MLM unilevel compensation plan structure.

There are 3 levels that you can earn from and if you are unfamiliar on how the unilevel works here is a quick breakdown:

  • 1st Level – The first level of your unilevel compensation plan will only have your personally sponsored members on it.
  • 2nd Level – The second level of your unilevel compensation plan will only have team members that your level 1 members (personals) sponsored into the opportunity.
  • 3rd Level – The third level of your unilevel compensation plan will only have team members that your 2nd level team members personally sponsored.
  • and so on

Hopefully, that makes sense…

The commissions from the unilevel are paid by a percentage of what those members invested in the Success Mastermind opportunity.

Here is a breakdown of the percentage that you can earn from the unilevel by what investment tier level you joined at:

  • Basic Mastermind Tier – When you invest in this tier you will earn 6% on level 1, 3% on level 2 and 1% on level 3 on your unilevel pay plan.
  • Premium Mastermind Tier – When you invest in this tier you will earn 7% on level 1, 4% on level 2 and 2% on level 3 on your unilevel pay plan.
  • VIP Doubler Mastermind Tier – When you invest in this tier you will earn 8% on level 1, 5% on level 2 and 3% on level 3 on your unilevel pay plan.
How Do You Make Money In Success Mastermind

That is all there is to it when it comes to the compensation plan and how you make money with it.

Let’s move on to the next section.

Another great review: Purium Review – Scam or Legit? Compensation Plan Breakdown

Success Mastermind FAQ

In this section of the review, we are going to answer some of the questions that people may have when they are thinking about joining the Success Mastermind opportunity.

Is The Success Mastermind BBB Accredited?

No, the Success Mastermind opportunity is not accredited with the Better Business Bureau.

Not having accreditation or listed on the BBB website does not make an opportunity a scam or even legitimate.

It simply means that it is not listed, and many legitimate companies that are on the BBB are not listed.

I do like to refer to the BBB website for additional company information and to compare the reviews and testimonials with other resources I look at when it offers that information.

How Much Does It Cost To Join Success Mastermind?

You can actually create an account for free, but it will not get you much.

The minimum cost to join the affiliate membership and to start earning commissions through the compensation plan the company offers is $5.

The next section will cover what many of you are here for today which is to learn…

Is The Success Mastermind A Scam or Legitimate Opportunity?

Is Success Mastermind A Scam or Legit

In my opinion, yes, the Success Mastermind is a scam.

The more correct terminology would be calling this business model a Ponzi Scheme and here is why:

  • No retail products
  • No proof that the ROI can be sustainable
  • No owner information

However, having no owner information does not make it a scam, it just makes the opportunity look better in my eyes legitimately.

Also, what is up with the clothing store company address, that is kind of suspicious, like they just picked an address out of a hat and used it?

Not sure, but there are a few red flags and the fact that they offer no retail product even though they have an MLM aspect as far as the referral commission plan make it not in compliance with the MLM law.

This is what the law states, not my opinion.

With that said, let’s move on to the final section.

My Final Success Mastermind Review and Thoughts

In this final section of this review, I am going to share my final thoughts about the Success Mastermind opportunity.

There have been so many of these ROI MLM companies popping up lately.

Many of them will tell you all day long that they are legit but when it comes down to it, I don’t even think they even know what it means to be in compliance with the law.

It is really baffling to me.

The way that these companies get shut down, if they don’t “pack up and run” first, is by not having any proof where the sustainable ROI profits are coming from.

The majority of these ROI programs get the profits from new members investing which is not legit.

Either way, you now have a completely unbiased review of the information on the company, the products, and the compensation to make a good decision on whether you should join.

But here is the question…

Would I recommend the Success Mastermind opportunity?

No, I personally would not recommend this opportunity for the issues that were discussed earlier.

I hope you enjoyed my Success Mastermind review.

Make sure to click on the social share buttons on this page and share it with others so that people can learn exactly what the Success Mastermind opportunity is really all about.

Thank you!

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