iCooperative Review

Welcome to my iCooperative Review.

You might be here because someone has offered you some weird ebook, or you simply stumbled upon this opportunity on your own and now want to know more about it.

Well within my post I’ll be outlining what this company is, how it works, how their compensation plan is laid out, and most importantly letting you know if it’s a scam or not.

So with that said, let’s jump into things here and get started!

Quick Summary Of iCooperative

Name: iCooperative

Website: icooperative.net

Price: $3 to join

Rating: 0 out of 5

What Is iCooperative?

In short, iCooperative is an MLM company that is supposed to make you filthy rich within a very short amount of time.

Of course this is obviously nothing but a hyped up sales pitch to get you interested to join their program.

Because when you land on iCooperative’s website, there’s basically zero information about this company.

In fact, the only 3 statements they provide on their homepage is…

  • They are the biggest platform on the internet today
  • You can earn over $2,000,000 within 16 months
  • And that you only need to spend $3 to join

Ironically all this does it provide more questions such as what will you be doing to earn all this money in the next two years — rather than provide you with helpful information.

In fact when you go to their about me page, they say that their goal is to make as many people as they can rich around the world through their $3 dollar eBook “From Zero to Millions”.

But you’re about to find out in a second why this couldn’t be further from the truth. 

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What Does iCooperative Sell?

As I just mentioned, iCooperative is selling a $3 dollar eBook that will supposedly make you a millionaire in no time flat.

They say in order for you to achieve this, you have to just follow 3 simple steps…

  1. Buy their ebook – Once you buy their $3 book, you’ll then enter their global earning system which will provide you with a unique affiliate link.
  1. Refer people into the program – Now you’ll go out and find people online and offline to buy this same eBook through your affiliate link that you just acquired — so that they too can become a member of this system.
  1. Earn money – Then when someone uses one of your links and buys the eBook, you’ll then earn money.

Now even though iCooperative wants you to believe their eBook is a real product — in reality they are offering nothing of real value to people who join this program.

And since all the commissions you make are based on recruitment rather than selling an actual product to people — then usually means you’re dealing with a Pyramid Scheme. 

iCooperative Compensation Plan 

Now to give you a better idea as to why I believe this program is a scam, let me outline how their compensation plan works.

Because if you’ve ever tried to read one yourself, you know then that they are usually very long, confusing, and sometimes impossible to understand.

So I’ll try to break it down as simply as I can. 

Affiliate Ranks

There are a total of 9 ranks within this system, and there are no names assigned to any rank. 

And according to what rank you are will determine how much money you can earn as seen here… 

  • Rank 1 = $3
  • Rank 2 = $10
  • Rank 3 = $100
  • Rank 4 = $1,000
  • Rank 5 = $10,000
  • Rank 6 = $100,000
  • Rank 7 = $1,000,000
  • Rank 8 = $10,000,000
  • Rank 9 = $100,000,000

Now they say you can make a lot of money in a very short amount of time, but to make just $1 million — you’d have to find at least 10 million people to join this program!

And I don’t know about you but I hardly know a 100 people I could ask to join an opportunity — let alone 10 million.

So it’s obvious that the chances of you making this amount is nonexistent. 

Retail Commissions

iCooperative says you can buy products from their store and resell them to earn money, but when you click on their store link all it says is coming soon.

iCooperative Review - Direct sales coming soon

So I can’t say for certain how much you can expect to make — but they claim their store will be selling items such as phones, computers, eBooks, games, and more. 

Residual Commissions

A few weeks ago I reviewed a company called EnerSource which uses a matrix compensation plan — and iCooperative here seems to be using the same thing.

Now a matrix compensation struture is where the amount of people you can recruit on your first level is limited — and there is also a limit to how far it can go down. 

iCooperative Review - matrix compensation plan

And with iCooperative here, they use a 10 X 9 matrix compensation structure meaning you’ll have 10 people per level and it can only go 9 levels deep.

And within their plan everyone you recruit one your first level will earn you $0.30 per person, then anyone that is on your 2 – 9 levels will earn you $0.10 per person.

So if you directly recruit 10 people on your first level, you’ll earn $3.00. However let’s say 1,000 people get recruited to your second level, then you will earn you $100.

iCooperative Review - Compensation Plan

And as you can see, this can go all the way up to level 9 — where you and your team will have to recruit 1 billion people in order for you to earn $100 million dollars. 

Which again is practically an impossible task to do.

Bonuses

At level 3, you can start to earn bonuses with this company such as tablets, laptops, cars, houses, and money.

Of course the higher in rank you go, the better your bonus will be. 

However as I just showed in the picture above, these bonuses and are nothing but carrots on a stick dangling in front of you so that you will be more motivated to keep recruiting people.

Now I also want to add that with most MLM’s online, they tend to change quite often.

So don’t be surprised if in a few months from now for this company’s plan is entirely different — or worse that this company has suddenly disappeared. 

How Much Does It Cost?

To join iCooperative, you only need to buy their eBook “From Zero to Millions”, which is $3.

However before you get excited and run off to try this program out, I would sit and think to yourself is this really going to be worth my time and energy?

Because at the end of the day I view my time as a very valuable resource ( even more so than money ) — and is why I would never consider joining his program.  

What I Like About It

  • I really couldn’t find one thing I liked about this company 

What I Don’t Like About It

  • You’ll have almost no chance of earning a good income with this opportunity 

According to the latest stats online, there are roughly 8 billion people in the world — and for a single person to reach level 9 in this company they would have to recruit 1 billion people!

So basically you need to recruit 1/8 of the world’s population to reach the highest rank in this company — which of course is impossible. 

  • There’s no information to who the CEO of this company is

Usually when a company doesn’t disclose who their CEO is, this is never a good sign.

And I believe in regards to iCooperative, the CEO remains hidden because he knows what he / she has created is nothing but a scam to make themselves richer and everyone else that joins poorer. 

  • You’ll have to bother your friends and family

Then last but not least, this company uses an MLM business structure of having to recruit people and build a team in order to make a decent income online.

And it has not only been proven that 99% of people fail with this type of business ( even if they are selling amazing products ) — but worst you end up usually annoying your friends, family, and acquaintances to join your team.

And I don’t know about you, but this just seems like a terrible and unsuccessful way to go about building an online business.  

Is iCooperative A Pyramid Scheme?

Even though you are technically selling a $3 eBook, at the end of the day iCooperative is a pyramid scheme since you’re making all your money by solely recruiting people into their affiliate program.

And even with that said, their compensation is so insane that even if you wanted to earn a decent income through this company it simply can’t be done. 

Because simple math will show that there’s not enough people on this planet to make anyone who joins this opportunity a good income online.

So for these reasons and many more, I highly urge you to stay away from this opportunity — because I can assure you that there are far easier, quicker, and more stable ways of making money online.

My Final Thoughts

With so many red flags popping up with iCooperative, it’s easy to see that this company is not worth the time of day.

There’s no information to who the CEO is, they make up hyped up claims that you will become a multimillionaire quickly and easily by selling a $3 eBook, and their compensation plan sets you up to fail. 

And with all that said, even if they were a legit company you’ll still be using an MLM business model to promote their company.

This means in order to be successful you have to recruit hundreds upon thousands of people into your team and hope they will work hard so you can make a decent income.

And I don’t know about you but first of all I don’t like going up to strangers and selling a random opportunity — and secondly I don’t like having my money based solely on whether or not other people feel like working. 

This is why I prefer affiliate marketing to generate an income online.

There’s no recruiting whatsoever, you can sell whatever products you want, and you don’t have to spend a dime on advertising.

You simply create helpful content that points people towards products they’re already looking for  — then you get paid a commission each time they buy something.  

So if this sounds like something you might be interested in, check out my #1 recommended training online.

It gives you step by step training, 24/7 support, all the tools you’ll need to be successful, and best of all it’s 100% free to join. 

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Anyways I hope you enjoyed my review about iCooperative, and more importantly understand why I highly urge you not to join this company. 

But again this choice is yours to do what you want. 

So if you have any questions or concerns you’d like to ask me, leave a comment below and I’ll be happy to help you out.

iCooperative

$3 to join
0

Overall Rating

0.0/5

Pros

  • I really couldn’t find one thing I liked about this company 

Cons

  • You’ll have almost no chance of earning a good income with this opportunity 
  • There’s no information to who the CEO of this company is
  • You'll have to bother your friends and family
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8 thoughts on “iCooperative Review”

  1. Thank you so much for warning me against this scheme. I know that many people have fallen prey to schemes like this in the last decades. What I especially dislike is the recruitment approach rather than the actual selling of a product. 

    I have a very similar experience with a company who claimed to train me to become a nutritionist and provide me with clients who wanted to lose weight, but in about two weeks of very shady training I discovered that I had to recruit my clients myself and invest incredible amounts of money in protein-powder-based products which I would have to sell them. 

    I know that iCooperative is rather different from this, but what they share is the non-transparency and the recruiting principle – i.e. bothering all your friends and family, which for me was the worst part ever. 

    Cheers for such an eyeopening article, I trust it’ll help many people who would otherwise have considered joining them!

    Reply
    • I’m sorry to hear about your past experience with that nutrition company Lucie. However this is sadly how many MLM companies go about recruiting individuals into their program.

      They promise you will make a lot of money through the help of their awesome training and tools, when in fact all they teach is for you to go out and sell expensive products by bothering the people closest to you. 

      And since I can see you don’t like this approach toward building a business ( and neither do I ) — I think you’ll really enjoy my top rated program online.

      It allows you to create an online business without having to recruit anyone, without having to sell one specific product, and it is extremely cheap to get started with.

      And the best part is once you know how the whole process works, you can branch out and create other businesses that will allow you to make even more money. 🙂

      Reply
  2. Hello,

    I would like to appreciate you for taking the time to review this iCooperative. I really appreciate the great work you, and others like you are doing, trying to keep people away from scams and scammers.

    I’m a member of iCooperative and I would like to say a few things about this company and what they are doing.

    First of all, iCooperative is not really a network marketing company. iCooperative is a book publishing company using network marketing system to sell their books.

    iCooperative sells a business or personal finance eBook titled “From Zero to Millions”. It is their first book with more on the way.

    It is a book that shows you how to build wealth starting with little or no money. I must say that it’s a book I would recommend to anyone, anytime, any day, and anywhere.

    Secondly, referring people to buy iCooperative’s eBook is optional. This means you can decide to buy this eBook, just like most of us have always done, and walk away with it to read it. You still get value for your money.

    You are never forced to purchase this eBook. You only buy it if you want it.

    The referral program attached to iCooperative is just a marketing strategy. It is aimed at encouraging more buyers to tell their friends about iCooperative and their book.

    Though people will tell others about any product or service they are satisfied with, iCooperative knows, just like we all know, that offering incentives will get more people to refer others to purchase their eBook.

    So, what iCooperative is doing is like a car seller or anyone selling any other products, offering to pay you a commission if you will buy their product and refer others to buy it. That’s exactly what they are doing?

    So, if I may ask, is this really a scam? I don’t think so! I have been a member of this platform for sometime now. I have read their eBook, I’m blessed by its content, and I’m also making good money from their referral program.

    I’m really grateful to iCooperative for this initiative.

    I have bought many books, both online and offline, and also referred many people to buy some of these books, both online and offline, but I have never earned a dime from any of the publishers.

    If they had paid me for my efforts, I would have made a lot of money from my efforts.

    So, I’m exceedingly happy to find a company that is not only willing to pay me for everyone I refer to buy their ebook but also for those my referrals and their own referrals refer. This to me is a good idea.

    How I wish all publishers and books sellers both online and offline will do what iCooperative is doing!

    Now, iCooperative is even doing something more. They provide free articles and videos on personal finance and business for those who purchased their eBook.

    These resources are for both referring and non referring members of this platform. Members can access these resources from their member’s area.

    So, iCooperative is far from being a scam. It is a legit platform. I would recommend it to anyone, anytime, any day and anywhere.

    Have a blessed day!

    Reply
    • Thanks for your comment and insights into this company Emmanuel.

      Now you mention that iCooperative here is not a scam because you compare them to a car salesman or something else where you get money from selling a product.

      However the main difference is a car salesman ONLY makes money when he sells a car and nothing else. This program here in your own words doesn’t even require you to “sell” this ebook to make money from people you refer — which is the very definition of what Pyramid Scheme is.

      Now while I’m sure you may be making money by recruiting people into this company, and maybe you even enjoyed their book — it doesn’t stop the fact that you ONLY make money by referring people and not selling products for a commission.

      So don’t be surprised that in a few months from now that this company suddenly disappears, because this is a clear scam / Pyramid Scheme.

      Now if you would like to learn how to sell any product in the world to make money online ( including ebooks ), I’d recommend you check out my top rated program called Wealthy Affiliate.

      They teach you the skills on how to build websites, generate traffic, and earn a passive and growing income online.

      And the cool thing is it’s completely free to join and test out, so you really got nothing to lose by checking it out.

      Reply
  3. Hello

    I really appreciate your effort to make sure that people don’t get scammed. However I don’t think this is a scam.

    I am a member of iCooperative, I enjoyed their book and I have been making good money referring people to buy their e-book, and not only from the people I referred but also from those the people I referred refer.

    So again iCooperative is not a scam, but IT IS 100% legit!

    A great day to you.

    Reply
    • Thanks for your comment Felix, but you kind of proved my point when I said that this product is a Pyramid Scheme.

      Because as you just stated, you are only making money by recruiting people into this program — which is the classic definition of what a Pyramid Scheme is.

      So while I’m happy you are earning money, eventually this program will shut down ( and probably very soon ) simply because there is no product or service backing it up.

      Reply
      • Hello Michael,

        I read through your comments. However, I have a few questions for you.

        1. If a business shuts down does that make it a scam?

        2. If I get paid for referring people to buy and ebook, how is that different from getting paid for referring people to buy a car?

        So long as you keep referring people to buy a car, you will keep getting paid. Any day you stop referring people to buy cars you stop getting paid.

        It’s the same with iCooperative. So, I really don’t see where your idea of it being a scam is coming from.

        Reply
        • Thanks for your comment Emmanuel, and I’ll be happy to clear some things up for you.

          1. Of course if a company gets shut down it does not make it a scam, but when you only make money from recruiting people rather than selling a product / service it does indeed make it one.

          2. If you were referring people to buy just this ebook then it would not be any different then referring people to buy a car, a gym membership, or any other product or service out there. But with this company here, people you refer do not have to buy this ebook — which means you’re making money solely off recruiting them into this membership which means yes this is a pyramid scheme.

          And at the end of the day though, you should wonder where exactly is this company getting all their money from?

          Because I can tell you that this $3 eBook is not covering the expenses to pay people thousands of dollars in cash, SUVs, houses, laptops and more.

          Which means that these “bonuses” are nothing but carrots dangling on a stick for you and anyone else that joins this company because they know for a fact that no one will ever be able to build teams compiling of literally thousands upon millions of people.

          So again what’s the difference between making money through this company say rather than selling a car?

          Because you only make a 1 time commission selling the car, and this company you make money from getting people to join this company ( because buying this ebook is totally optional ).

          I hope this has helped answered your question and clarifed any misunderstanding you had. Again though when this company does get shut down — I urge you to check out Wealthy Affiliate because it can without a doubt help you make a good income online.

          Reply

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