My Travel Biz Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that My Travel Biz is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about My Travel Biz, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting My Travel Biz as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about My Travel Biz in my My Travel Biz Review – now you can learn all you need to know about it.
Is My Travel Biz really a legit business?
Is My Travel Biz a safe business to join?
Let me show you in my review of My Travel Biz.
Get started by reading my review below.
Exactly What Is My Travel Biz?
Taking a look at My Travel Biz, we’re dealing with yet another MLM opportunity that exists within the niche of offering discounts on travel services.
There’s no corporate or contact address on My Travel Biz’s official website, but a quick look at the company’s Facebook page reveals that it operates in Las Vegas, Nevada.
My Travel Biz’s two co-founders are Atif Kamran and Geraldine Aquino, with the former doubling as the My Travel Biz President and the latter as CEO.
According to Kamran and Aquino’s shared corporate bio:
“Atif Kamran and Geraldine Aquino are seasoned professionals in the direct selling industry.
They have experienced their fair share of successes and have acquired rich experience while building successful global businesses.
Geraldine and Atif’s vision to build a business that would showcase only the good of the industry shows their passion to help others achieve the success they deserve.
With this in mind, MyTravelBiz was born.”
Before My Travel Biz officially got off up the ground, both Atif and Geraldine were involved with LEO — a pyramid scheme.
Atif’s LinkedIn profile shows that he was a co-founder and Chief Marketing Officer of LEO since as far back as 2012, with Geraldine acting as COO in April of 2015.
Additionally, Atif also shows connections to Unaico before getting started with LEO.
Remember how I said that My Travel Biz’s Facebook page says the company is based out of Las Vegas, Nevada? Here’s where that gets rather interesting. Kamran is truthfully residing in the United Kingdom, and Aquino in Canada. Assuming that this is the case, My Travel Biz is acting as a shell company in Las Vegas and doesn’t have any real, physical presence anywhere in the United States.
What Is The My Travel Biz Product Line?
Moving over to the My Travel Biz product line, you won’t find any goods or services being sold to retail customers.
The one and only thing that affiliates have to offer is the affiliate membership, and along with access to an income opportunity, this also provides people with access to a “Full Travel Product Suite.”
Per My Travel Biz:
“We developed a unique, patent-pending algorithm that searches more options than anyone else, ensuring we are able to deliver the best prices around!
Our online store offers access to inventory from over 1 million properties worldwide, over 750 airlines, unlimited vacation packages and events, and thousands of car rental locations. And all at prices you will be proud to share.”
What Can You Tell Me About The Compensation Plan For My Travel Biz?
Should you choose to join My Travel Biz, you’ll be able to earn compensation by selling travel packages to other customers/affiliates and recruiting more and more people into the company.
CV plays a big role in affiliate ranks and commissions that are paid out, and it stands for “Commissionable Volume.” CV is generated whenever purchases are made through an affiliate’s replicated storefront for My Travel Biz’s discounted packages, and along with this, CV is also generated when new affiliate memberships are created.
There are multiple affiliate ranks for members to progress through, and obtaining a higher status within the company is dependent on how much CV you’ve generated throughout your binary team.
Affiliates can choose to join My Travel Biz as either a Business Class or First Class affiliate, with the former costing $1200 and the latter $5000.
Business Class affiliates earn 20% of the retail CV from sales through their replicated website, whereas First Class members earn a considerably larger 80% cut.
Business Class affiliates also earn a 5% referral commission on CV that’s generated by personally recruited affiliates, and First Class affiliate earn 10%.
Residual commissions are also offered by My Travel Biz, and they are paid out through the use of a binary system.
What Will It Cost To Join My Travel Biz?
In order to join My Travel Biz, you’ll need to pay either $1200 or $5000 for the Business Class or First Class memberships respectively.
These payments offer you access to the membership for five years, and once that time is up, you’ll need to pay $200/year for Business Class and $1000/year for First Class.
Is My Travel Biz A Scam?
If you have heard that My Travel Biz is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is My Travel Biz a scam?
I would say not exactly. However, there are some things to be aware of before joining, which I have detailed in the conclusion.
You will only be successful by recognizing the weaknesses and finding a way to move past them.
Conclusion For My My Travel Biz Review
MLM opportunities that offer discounts on travel/vacation packages aren’t anything new, and My Travel Biz exhibits the same problems that other companies in this niche often have.
First off all, offering access to discounts on third-party vacation packages doesn’t qualify as a good or service that’s being sold to retail customers. Healthy retail sales is essential for any well-established MLM opportunity, and you simply do not have that with My Travel Biz.
Along with this, there’s also a very heavy focus on affiliate recruitment above all else. Both the Business and First Class membership plans generate CV just like sales through affiliates’ websites, and as such, you can choose to ignore the travel discounts altogether and focus solely on recruitment.
Because of this, there’s a strong possibility that My Travel Biz is operating as a pyramid scheme.
Add this together with a possible connection between TravelCoin — another Ethereum-based altcoin setup — and you’re dealing with a lot of red flags that should steer you away from getting involved with My Travel Biz.
I definitely hope you have found value in my Review of My Travel Biz.
I went into a lot of detail so that you can make a proper decision about whether you want to join or not.
If you do decide to proceed with My Travel Biz, make sure you take the time to learn how to market yourself!
My training below can help you with that.