Welcome to My 20 Dollar Travel Business review. Is this a legit money savings and money-making opportunity or just another scam that’s out there trying to trick you.
If you’re skeptical about this opportunity you have every right to be. The internet is full of scam products and services, so being cautious is something good in this case.
Apparently you can save money by getting travel discounts on hotels, flights, rental cars and more.
This is also a Multi-Level Marketing business opportunity for people that are interested in making money online while traveling the world and taking advantage of some great discounts along the way.
Sounds like a dream come true, right? Not really, the reality of how it all works is a lot different than what you’ve been pitched so far.
By the time you go through this review, you will know exactly what My 20 Dollar Travel Business is all about, how much money you can make with it, what exactly is the business opportunity, and more.
Ready? Let’s get started…
My 20 Dollar Travel Business Review Summary
Product Name: My 20 Dollar Travel Business
Product Type: Multi-Level Marketing Company
Product Owner: Steve Gresham
Product Price: $1 For The First Month, Then $20/Month or $100/Month
Overall Score: 5/100
Summary: My 20 Dollar Travel Business is a multi-level marketing company in the travel niche.
On the outside, this looks like a legit business opportunity for people to make money online and travel the world at the same time.
The reality is that this is just a pyramid scheme, that’s designed to make a ton of money for the first few people that join, while everyone else will be basically working for them.
On the upside, it’s still relatively new, and compared to some other MLM programs, the price is considerably low.
Having said that, I do believe that the majority of people that get involved with My 20 Dollar Travel Business will end up losing money.
On top of that, due to the fact that this is a pyramid scheme, it means that the business model can crash, or get shut down at any time.
This is what happens to most pyramid schemes out there, and they never last long. You can still create a full-time business online even as a complete beginner, and I can show you how to do that.
- My 20 Dollar Travel Business Review Summary
- What is My 20 Dollar Travel Business?
- How Can You Make Money With My 20 Dollar Travel Business?
- Is My 20 Dollar Travel Business a Scam?
- My 20 Dollar Travel Business Compensation Plan
- How Much Does My 20 Dollar Travel Business Cost?
- What I Like About My 20 Dollar Travel Business
- What I Don’t Like About My 20 Dollar Travel Business
- Do I Recommend My 20 Dollar Travel Business?
What is My 20 Dollar Travel Business?
My 20 Dollar Travel Business is an MLM program created by Steve Gresham in 2019. This is not his first attempt in launching a similar online business.
Steve Gresham has launched two other pyramid schemes over the years known as My 1 Dollar Travel Business and Savings Highway.
Both of these got shut down a few years after they launched, which is a bad sign, and if history repeats itself, My 20 Dollar Travel Business is bound to fail as well.
In order to take advantage of all the discounts that are being offered inside this program, you need to become a paying member, which will grant you additional opportunities to make money by promoting the program to others.
In other words, these discounts are not available to the general public, and only members of My 20 Dollar Travel Business can take advantage of these things.
So, the only way to use the services and products being offered is by becoming a promoter of this company, which is a big no-no in the eyes of the FTC.
You can get a discount on a wide range of things and they vary from 75% to 90% which is definitely not a bad deal.
If you want to take on this venture as a business opportunity to create a long-lasting and sustainable income for yourself, then I definitely don’t recommend proceeding with My 20 Dollar Travel Business.
There are just too many things that can go wrong at any given time, which will result in the termination of your online business.
How Can You Make Money With My 20 Dollar Travel Business?
The way that you can make money with My 20 Dollar Travel Business is relatively simple to understand. Basically, all you have to do is get more people to join and when they pay for their membership you earn a percentage of that in the form of commissions.
It does not stop there, and you will be encouraged to create your own group of team members that actively recruit others because you will be earning from their efforts as well. Since this as a multi level marketing program, it works on multiple levels.
This means that when a person that you’ve invited to this program, gets someone else to join, you will earn money from that as well. This goes on multiple levels down the chain, so the more people you get, the better it will be for you.
Is My 20 Dollar Travel Business a Scam?
My 20 Dollar Travel Business is not a scam in the sense that they will take your money and run for the hills.
The fact that this is a pyramid scheme by itself means that this is just a balloon that’s ready to pop at any given moment, and when that happens, they will close their doors for good, and many people will lose a lot of money, just like it happened with the previous two launches that came from Steve Gresham.
With that said, I don’t think that this is a valid opportunity for anyone that is interested in making money online, and actually maintaining a long-lasting and sustainable income stream.
My 20 Dollar Travel Business Compensation Plan
The compensation plan of My 20 Dollar Travel Business as a bit complicated much like all the other MLM programs that are out there such as Royal Prestige, Monat & My Daily Choice.
Here’s a breakdown of all the possible ways that you can actually make money with this program.
Fast Start Referral Commissions
This commission-based structure payment that rewards you every time you refer someone into My 20 Dollar Travel Business.
For every Standart Member that joins you will get $0.50, for every Platinum Member that you refer you will earn $50, and for every Gold Member that you acquire you will earn $20.
The amount of money that you can earn by getting others to join is not determined by your own membership level. This is something that most MLM companies try to implement within their own strategies, and it’s nice to see something different for a change.
Direct Referral Monthly Commissions
The next way that you can get paid is by receiving 25% of what your referrals pay each time they pay their monthly membership fee.
In other words, when a Gold Member that you’ve invited, pays their monthly subscription fee, you will earn $5 and for every Platinum Member that pays up you will get $25.
The 3×12 Uni-level Forced Matrix Pay Plan
This is where it gets confusing. This payment plan will give you 5% of everything that the referrals of your referrals make up to the tenth level.
This means that if you manage to create your own group of members, where you’re at the top, you can create a chain of up to 2000+ members and earn 5% from whatever they’re making inside My 20 Dollar Travel Business.
You can get access to these bonuses only as a Platinum Member. There’s a total of two bonuses that you can qualify for.
The first one is called “Dream Vacation” and it basically offers you a 5-star vacation that’s valued at $3,000.
In order to become eligible for getting that bonus, you need to acquire 12 Platinum points first.
You earn one Platinum point for each month that you’re a Platinum member or by getting your referrals to become Platinum members.
Once you’ve reached 12 points you can request your luxury vacation that can be held within 10 resorts across Las Vegas, Nevada, Mexico, or Florida.
The second bonus that you can get is called Global Vacation. This is a vacation valued at $5,000. This can be achieved by getting 30 Platinum points.
You can choose to go anywhere in the world as long as it’s within My 20 Dollar Travel Business network range. You will get $3,000 for accommodation, $1,000 for transportation and an additional $1,000 will be given out to you in cash.
How Much Does My 20 Dollar Travel Business Cost?
My 20 Dollars Business comes with a price tag of $1 for the first month, and after that, you will automatically be charged $20/Month until you cancel your membership.
Even though you could go with the lower membership level, you should know that you won’t be able to get full access to everything that this program has to offer.
As a Standart Member, you can’t take advantage of the discounts being presented, but you can still recruit others into the network, and earn commissions from it.
As a Gold Member, you don’t have access to all the bonus incentives that come along with being a Platinum Member.
You will be constantly pushed toward buying into the Platinum membership, which comes with a price tag of $100/Month.
Depending on how you will be recruiting people, you could potentially lose even more money by paying for exposure and getting others on board.
What I Like About My 20 Dollar Travel Business
1. Free Website. by becoming part of My 20 Dollar Business you will get a free website that is an exact replica of their official website.
The more people you get to join this program through your website, the more money you can potentially make, and since you will get a website for free, this can save you some work in building one by yourself.
2. There is Some Basic Training. You can see it inside your member’s area, or on their Youtube channel. The training covers how to navigate around the program how it all works, and more.
What I Don’t Like About My 20 Dollar Travel Business
1. It’s Not a Sustainable Business Model. This business model should not be used by anyone looking to make a long-lasting and sustainable income stream.
MLM, in general, has a high failure rate for most companies, and when you consider the fact that the owner Steve Gresham, has done this already, and failed twice, it looks like My 20 Dollar Business is also headed that way.
2. It’s a Pyramid Scheme. Pyramid Schemes have an even smaller success rate and almost all of them fail miserably sooner rather than later.
The only people that will truly make money online with My 20 Dollar Business Model are the owner and the first bunch of people that sign up.
3. Platinum Membership is Expensive. This is the highest membership level that you can achieve inside this MLM program, and it costs a whopping $100/month.
As a beginner, I can imagine that you don’t like the idea of investing that much into something that may or may not work, and you don’t have to.
Do I Recommend My 20 Dollar Travel Business?
Not really and here’s why, not only is My 20 Dollar Travel Business a multi-level marketing pyramid scheme, but it’s also an unsustainable business model that’s built to make the owner wealthy, and not help it’s members to actually become profitable.
Statistics show that 99% of people that get involved with an MLM scheme end up losing more money than they make, and My 20 Dollar Travel Business is no exception.
Luckily we live in a digital age, with many ways to become successful online. If you want to learn a REAL way of creating a long-lasting, and sustainable passive income business online, then you should see this.
This is how people are banking profits using a simple yet incredibly effective blueprint that most neglect and lose out on that opportunity forever.