Five Dollar Funnel – Are You On The Right End Of The Funnel?

Five Dollar Funnel – Are You On The Right End Of The Funnel?

Five Dollar Funnel

5-dollar-funnel

You are here to find out if a low cost system like the Five Dollar Funnel System will pay off big time for you. I will start off this Five Dollar Funnel review by giving you some background on the creators of this program as well as the possible benefits and pitfalls of buying into this system. Does the Five Dollar Funnel actually work?  $5, Is this all you will need to invest to make money using the Five Dollar Funnel System? or just a lost leader that you find with many of these programs, enjoy the read and please leave me your thoughts, Mike.

Who Are The Five Dollar Funnel Creators?

The Five Dollar Funnel is a product that was created by two gentlemen who are very well known in the MLM marketing arena, Tom Cellie and Bill Ebert.

Unfortunately, some of the past business decisions, especially those involving Tom, have been a bit questionable to say the least.

Just a few years ago, Tom was involved with a company known as Bidify, abruptly Bidify shut its’ doors following suit after Zeek Rewards, an offer almost identical to Bidify was shut down by the SEC for being a Ponzi Scheme.

 

The saddest part in regards to offers such as Zeek Rewards and Bidify is many lose thousands of dollars that they probably couldn’t afford to lose in the first place. Their income, their online business is gone once one of these outfits fold. This happens way too often and it can take years for the SEC to catch on to the less than ethical ongoing practices, there are literally thousands of programs Zeek rewards and Bidify littering the Make Money Online Niche market, sucking people’s hard earned dollars out of their wallets.

something-for-nothingWhat Will You Find Inside The Five Dollar Funnel System?

There are 4 different “training programs” and membership levels inside of the Five Dollar Funnel. I use training programs very lightly as they are more like tool sets rather than actual course materials.

The very small amount of training that is included comes in the form of quick guides that are designed to help you find more sign-ups for the course through various methods of traffic acquisition such as video or social ads.

If you haven’t seen it already, the 4 levels inside of this “online university” as it is referred to which are:

  • Video Like A Pro – Recruiting through video
  • Contact Manager – Recruiting through email
  • Hypnotic Ad Copy – Recruiting on landing pages
  • Social Entrepreneurs – Recruiting on social media (Facebook, Twitter, Etc.…)

As you can see, there’s a lot of recruiting and referring going on for not a lot of added value unfortunately.

How Does The Five Dollar Funnel work?

The Five Dollar Funnel works by paying you for recruitment. The Five Dollar Funnel will pay you for your immediate recruits as well as their referrals up to 5 people (7 in top tiers) down your line to “matrixes” that you are already a member of.

The “matrixes” that the Five Dollar Funnel uses are in 4 different tiers:

Kickstarter Matrix – This is the matrix that most people come in at. The cost is $5 per month and you are paid for referrals as follows:Tier 5 – $0.50 / month

  • Tier 1 – People you directly refer will earn you $0.25 / month
  • Tier 2 – Their referrals will earn you $2 / month
  • Tier 3 – $1.50 / month
  • Tier 4 – $0.50 / month

Builder Matrix – This is the matrix that the system FORCES you into if you join at the $5 monthly level. How are you forced into this system? Believe it or not, Five Dollar Funnel will hold your earnings payable to put towards this level of membership. On a positive note, this level does have higher earnings, but also follows a very similar payment schedule:

  • Tier 1 – $1 / month
  • Tier 2 – $4 / month
  • Tier 3 – $4 / month
  • Tier 4 – $4 / month
  • Tier 5 – $4 / month

Leader Matrix – This matrix actually costs $99 / month, but is the first one to take the payout tier to 7 people below you. The payouts for this matrix are:

  • Tier 1 – $0, yep 0. So all of your actual recruiting efforts will earn you a big fat goose egg.
  • Tier 2 – $9.90 / month
  • Tier 3 – $4.95 / month
  • Tier 4 – $4.95 / month
  • Tier 5 – $4.95 / month
  • Tier 6 – $4.95 / month
  • Tier 7 – $19.80 / month

Mogul Matrix – This is the highest matrix currently at Five Dollar Funnel and pays out just like the Leader Matrix does by going 7 levels deep as follows:

  • Tier 1 – $0
  • Tier 2 – $29.70 / month
  • Tier 3 – $14.85 / month
  • Tier 4 – $14.85 / month
  • Tier 5 – $14.85 / month
  • Tier 6 – $14.85 / month
  • Tier 7 – $59.40 / month

If you look at this and find this very hard to understand, you are certainly not alone. Now, the biggest thing to take away from this however, is to note the tier at which you really start making money regardless of which matrix you are in.

The second tier of people recruited is where you really have the potential to start earning money. Now, while this doesn’t sound like a problem, in reality, you are no longer an entrepreneur, but merely a boss of everyone down your line.

If you want to earn money with this program, it really doesn’t matter how hard you try, what matters is how hard the people who you have recruited try which in reality takes the earning component out of your control, not a great position to be in!

mlmWhat Makes This Program An MLM?

As mentioned above, this program becomes an MLM as it pays out money multiple tiers below you, and it requires you to essentially be a coach/ boss rather than offering the services of the company to others.

Your success with Five Dollar Funnel really doesn’t fall on your shoulders, but instead falls onto the people you have recruited.

 Is $5 the only cost needed to make money?

Technically, yes. You could actually only spend the required $5 and ultimately make a little bit of money with this product.

The catch however is,  you will be forced to spend another $20 from your earnings before you can ever receive a single penny from the company. This basically forces you into a position that you are forking out at least $25 in order to see your first earnings paycheck.

What’s the income potential using the Five Dollar Funnel System?

While the income potential for the Five Dollar Funnel System on paper is quite impressive, unfortunately it has been designed to make you into a teacher or mentor where you are constantly teaching others how to recruit people into the system so that you may benefit from that recruitment.

Your ultimate success wouldn’t come from your own efforts/hardwork as it does with affiliate style marketing, but instead comes from the efforts of others further down your recruitment chain, are you a good motivator? Should ask yourself that question before you get involved with this program.

Bottom Line, Is The Five Dollar Funnel System a worthy investment of your time and money?

Honestly, I have to say that this system is simply not worth the efforts that it would require in order to have any type of decent level of success.

There are far better options where your work ethic can pay huge dividends in the form of  recurring monthly commission checks.

Update: The five dollar funnel looks like it has closed up shop if you click on any site promoting this program you are redirected to bill Ebert’s latest product “Dreamlife rewards” which I have signed up to as a member don’t bite until you have read my “Dream Life rewards review”.

My Final Thoughts

I know that the sales copy for Five Dollar Funnel Systems is very tempting and it’s completely understandable to be tempted by the opportunity it provides.

Having the desire to be able to create “easy online wealth for as little as $5,” as their sales video explains, is something that is certain to make you want to learn more about it.

With that said, there are far better opportunities available online if you’re wanting to supplement or replace your current income.

 

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