Autoxten Scam?

A new network marketing company is about to launch called Autoxten. Search for the term Autoxten scam and most of the sites you see are just people hyping about how this is going to be the industry’s biggest launch ever with over 30,000 people already signed up in less than a week. The funny thing is that I searched for Autoxten reviews and actually found sites saying it’s the best opportunity even though it hasn’t even launched yet! They talk like they’ve already made money.

Update: Autoxten is now dead. I feel sorry for those people who stood up for this company only to see the owners treat it as an ATM machine. A couple of the owners have brought their downline over to another company. Read Empower Network scam.

To those arrogant ex-Autoxten supporters: The next time you think people calling your business a scam are idiots, perhaps you should wipe those dollar signs away from your eyes and have a closer look at what you’re trying to defend.

Comp Plan

So what’s this all about? Well, the lure is that you can turn $10 into almost $200,000 through their “genius” compensation plan which uses the 4×4 matrix model with added in spillovers. Basically, you recruit 4 people and those 4 recruit 4 people and so on. The spillover comes in when your upline recruits people but have already filled their 4 positions up. The extra people simply spill down to you. So essentially, you can just do nothing and hope your upline recruits enough people to spill down and fill your front 4 people.

Where’s the Residual?

All you pay is just $10, or is it? There are upgrades involved where you will be spending more money which is taken out of your earnings or you can just qualify for every level by doing a one time payment of $150. There are products you will need to purchase which are basically just training material about marketing. This seems like the old “buy these books to help you get rich but really, the way to make money is to sell these books to other people and get them to sell it and so on”. I really don’t see where the value is at. At least with Amway, there are repeat consumable products to buy.

The whole point of MLM is to make residual income which is done through reps buying products each and every month but if you’re only spending $10 once and that’s it, then residual income is impossible unless an unlimited amount of aliens arrive to Earth with each one signing up for this fantastic opportunity.

The products, training material, doesn’t seem to be available to the general public. As of this writing, you have to actually join the company to get the products. In other words, the only people buying the products are distributors which can cause some legality issues according to the FTC.

Here’s a guy who works with companies in the MLM industry talking about what’s wrong with AutoXten…

The Verdict

So is Autoxten a scam? Well, you decide for yourself by asking some questions. How sustainable is this business? Can you really build a business where you only have to spend $10 and can make tens of thousands of dollars? Where is the value at? How many other MLM companies have had these launches in the past but are no longer around? Does it sound a bit too good to be true?

As of this writing, the company is still in pre-launch mode, meaning it’s still in hype the crap out of this business and get as many people pumped up as possible mode. Perhaps the people who join early on will make some money but what happens when the hype dies down and the sign ups decrease? Where will the money come from? Will there be actual customers who will want to buy the products just for the sake of buying the products and not to be part of the system to make money?

But over 30,000 people signed up already so it must be the next big thing right? Guess what? Signing up before the launch is actually free so no one has actually spent anything yet. Although since it’s only $10, I’m sure TONS of people will think, “Even if it’s a scam, it’s only $10 and if it’s not a scam, Imma be rich bitch!”

It’s this mentality that is going to make the guys running this business RICH. Come to think of it, I should start one of these myself and only charge $1 instead of $10. I’ll call it AutoxOne. Anyone want in? The “it’s only a dollar” mentality works well for the lottery so it’s gotta work.

Conclusion

This potential Autoxten scam might turn out to be a legit business. Who knows? If you want to sign up for the hell of it, you can do so by going to www.autoxten.com/scam. See if you can figure out what my fake name says when you go to that page. And no, I didn’t give them a penny of my hard earned money and never will.

In all seriousness, I wouldn’t waste my time with this. The sign up page is mostly about how much money you can make and not a lot of info on the actual products. The products are mainly about internet marketing which is probably about how to generate leads in order to recruit more people to do the same thing and so on… blah blah blah.

If you’re looking for a way to make money online, then sign up for one of the best internet business courses available.

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