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
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.
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…
- 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.
- 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.
- 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.
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.
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.
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.
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.
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.
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.
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.
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.