8 Figure Dream Lifestyle: What is it?
“Is the 8 Figure Dream Lifestyle a scam?” you may ask. This article will answer that question.
We’re going to review 8 Figure Dream Lifestyle to decide if it really is the best multi-level marketing course out there.
We’ll talk about whether multi-level marketing is the right online business for you.
At the end, I’ll answer some of the most frequently asked questions regarding 8fdl and multi-level marketing in general.
And most important, I’ll show you the exact system I used to build my own internet marketing business to over $40,000.00 a month in mostly passive income.
This system made me swear off multi-level marketing for good because it uses some of the same internet marketing skills in a much more powerful and profitable way!
Table of Contents
What Is 8 Figure Dream Lifestyle?
As I write this, the official website of 8Figure Dream Lifestyle, https://8fdream.com/, could no longer be accessed. When you click the link to their website, you are redirected to a blank page.
Figure Dream Lifestyle LLC / OEA LLC (Online Entrepreneur Academy) Sued By FTC For Telemarketing Fraud
During the course of my research for this 8 Figure Dream Lifestyle review, I stumbled onto information that 8fdl, its Online Entrepreneur Academy spinoff, and its owners, were sued by the FTC for telemarketing fraud against consumers on June 12, 2019.
Officers of 8fdl that were included in the lawsuit are John Bain, Alex Dee (aka Alex S. Dowlatshahi), Brian Kaplan, and Jerrold Maurer (aka Jerry Maurer).
All of these officers, as well as 8 Figure Dream Lifestyle LLC, JL Net Bargains, OEA LLC (dba Online Entrepreneur Academy), and Spirit Consulting Group, are named defendants in the FTC’s lawsuit.
The Scott Miller Connection
Upon further research on 8fdl on the internet, I came across several articles showing a link between 8 Figure Dream and Tidom.
Scott Miller is the owner of Tidom, Inc. Miller was heavily involved in TelexFree, a $1.8 billion Ponzi scheme.
The FTC’s case does not name Tidom Inc. or Miller as defendants.
FTC Lawsuit Quickfacts
- Plaintiff, the Federal Trade Commission (“FTC”), for its Complaint alleges:
- Defendants have been marketing and selling illegal money-making opportunities to customers under the names 8 Figure Dream Lifestyle and Online Entrepreneur Academy since at least January 2017.
- They have used a variety of robocalls (unlawful telephone calls that are pre-recorded), text messages, live phone calls, ads posts on the internet, social media, emails, and live events.
- Defendants have repeatedly made misleading or unsubstantiated earnings statements in their marketing.
- The defendants who marketed the 8 Figure Dream Lifestyle scheme claimed that average customers with no previous skills or experience would receive $5,000 to $10,000 in 10 to 14 days and $10,000 or more on a consistent basis within 60-90 days of enrolling.
- They’ve marketed 8 Figure Dream Lifestyle as a “franchise-like” opportunity, telling customers that all they have to do to make money is follow Defendants’ “tested business model” or “blueprint for success.”
- These defendants made or caused others to make illegal robocalls in an effort to recruit new members to the 8 Figure Dream Lifestyle platform. In reality, the majority of customers who paid $2,395 to $22,495 to join 8 Figure Dream Lifestyle never made a significant income, much less lived an “8 figure” lifestyle. They’ve lost their savings, and many have taken out large loans and racked up credit card debt.
- In an early 2018 marketing video for 8 Figure Dream Lifestyle, Defendant Dee boasted that he and Defendants Kaplan and Maurer had earned more than $6.5 million from over 500 customers in less than two years and that the program had paid out “over $25 million in fees” and had over 1,800 customers.
- The defendants in the 8 Figure Dream Lifestyle case have settled with the FTC rather than going to trial to clear their names.
- John A. Bain, Alex Dee (aka Alex S. Dowlatshahi), Brian M. Kaplan, and Jerrold S. Maurer will each accept a $31.9 million judgment under the agreed settlement.
- Violations against consumers cited by FTC:
- Section 5(a) of the FTC Act, 15 U.S.C. § 45(a), prohibits ”unfair or deceptive acts or practices in or affecting commerce.”
- Misrepresentations or deceptive omissions of material fact constitute deceptive acts or practices prohibited by Section 5(a) of the FTC Act.
Can I Make Money in A Network Marketing Company?
Folks, it is such a pity that scam companies like 8 Figure Dream Lifestyle and TeleFree give a bad name to the network marketing community and cause someone to shun this potentially decent income opportunity offered by legitimate businesses.
Yes, you can make money as a Network Marketer. But there’s a lot that comes along with Network Marketing, and even affiliate marketing, that many people struggle with.
In fact, check out our Top 5 Reasons Why Networkers Marketers Fail.
Is 8 Figure Dream Lifestyle A Scam? A Pyramid Scheme?
Well, it is pretty clear now that the company is indeed a scam using MLM as a front to legitimize its pyramid scheme.
Knowing what we know now, it is easier to say that they were a pyramid scheme in disguise. But back then when the FTC did not intervene yet, it was still pretty hard to tell.
Despite some similarities to a pyramid scheme, is it still possible to make money with an MLM?
You can certainly make money with MLM, but if you’re gonna put in the amount of grueling work to become a network marketing associate (which, trust me, isn’t easy), you might as well bring in some REAL money.
The program that helped skyrocket my online business to $40,000.00+ per month teaches some of the same direct selling skills but shows you how to monetize them in a much MUCH more profitable way.
The Red Flags
Let us take a look at the red signs that were there already back then…
Back in the day that they still had a website running, you’d think their website would sell their products right on the landing page, but they didn’t.
It’ll be hard for you nail down information on any of the products or services they offer for sale, and the only thing you can buy is an affiliate membership.
In the WordPress website that I was able to dig up, 8fdl claimed to be a multi-level marketing program and the #1 online business for professionals, entrepreneurs, business owners, and retirees.
Is Internet Network Marketing Business Legitimate? Or Is It A Scam?
It is entirely possible to build a profitable, successful MLM business.
But unlike 8 Figure Dream Lifestyle, it actually provides real proof of real success from real people as recently as a few days ago.
But when it comes to building a business, you have plenty of options.
And even if you’re dead set on becoming an MLM seller, you’ve got way better options than 8 Figure Dream Lifestyle.
Keep in mind, I don’t get paid to promote any of the programs I review. I personally think MLM is a great business model, but you could end up leaving way too much money on the table.
What Products Did 8 Figure Dream Lifestyle Sell?
It did not sell or rent any physical or digital products. Their affiliates could only promote the 8fdl affiliate membership.
If you join 8fdl, your only source of income would be from recruiting and persuading others to join.
A member has no other source of income besides promoting the 8fdl affiliate membership because there was not actual product.
This was a major warning sign that it is a pyramid scam.
How To Get Started With 8 Figure Dream Lifestyle?
In order to join the business platform of 8fdl, there were 5 packages that you could choose to pay to be a member:
Costs $2,000 plus $195 in licensing fee.
Included a meditation series, marketing modules, flyers, the law of attraction, and self-esteem tips, among other things.
Fee Builder Package
Costs $3,500 plus $295 in licensing fee.
Included fitness-related training material, weight-loss tips, motivational materials, and more.
Costs $6,500 plus a $395 licensing fee.
Included 25 training videos on how to get people to visit your sales page.
Costs $12,500 plus $445 in licensing fee.
Included instruction on how to use YouTube for traffic, email marketing, list building, webinar hosting, and other topics.
Costs $22,000 plus $495 in licensing fee.
Blueprints for webinars, podcasts, video sales, email copy, and social media are included.
Even at Tier 1, the packages are incredibly expensive and do not provide adequate value for money.
If you look closely at what these programs have to offer, however, you can find information for free ONLINE if you know where to look.
After joining the program, a member will be sold more tools than they say you would need to run the business. These tools are not for free.
- Phone Dialer System – Pay per need, on average $500 per week (depends on how many leads you want to work with)
- Texting System – Pay per need, on average $50 per month.
- Email (Aweber) – $19/month
- Website/Funnel – $95/month
- Virtual Assistant – $250/month
The 8 Figure Dream Lifestyle Compensation Plan
The only thing you could buy on the brand’s platform was the income opportunity, as I previously mentioned.
When you join the company as an affiliate, you’ll be introduced to a uni-level compensation system that allowed you to receive cash gifts.
This cash was distributed among members on a 1-up system, and there were five different tiers to choose from:
- Tier 1 — $2000
- Tier 2 — $3500
- Tier 3 — $6500
- Tier 4 — $12,500
- Tier 5 — $22,000
The first commission you earn from their cash gifting activities is now passed on to the person who recruited you.
The following commissions will be then assigned to you.
If you want to keep all of your commissions you earn, you’ll need to upgrade to Tier 5, which costs $22,000 which allows you to keep all of your earnings instead of passing them on to other members.
It’s also worth noting that you can only earn through the tiers that you purchased.
Tier 1 is the only tier for which you can earn if you paid $2,000 for it. As a result, if your recruit purchases a Tier 2, you will not be able to earn their commission.
To receive the commission, you must purchase Tier 2.
What Is Our Top Recommendation For Making Money Online In 2021?
Our review team has come across a program in the real estate industry that is next level!
Although it’s not real estate in the traditional sense, it’s all digital.
Where Network Marketing falls short is in scalability.
There’s only so much time in a day and there’s only so many people you can reach to sell by yourself.
MLM companies know this! Which is why they push so hard for you to recruit for your downline…you can’t get rich with it as a one man/woman show.
But what if you could make even more money off of little local websites without having to spend hundreds of dollars on overpriced products and a bunch of time recruiting people to sell under you?
With this digital real estate program, you can make recurring monthly income without constant sales to your friends and constant recruitment!
Sound too good to be true?
Of course it does!
But it isn’t…in fact, business owners wish they had this skill!
All you have to do is build and rank a LOCAL website and forward the jobs off to a business owner in town, you could even email it to them!
This works for literally any service based business, tree service, plumbing, towing, etc.
How do you get paid and how much?
Simple, after you forward the jobs off to a business owner and he makes some money off of them, you simply ask to make the deal beneficial for each other.
A fair price to charge per lead, depending on the industry is 10-20%…let’s just use the tree service industry for example and go by worst case scenario.
Let’s say you build and rank the site and only 10 jobs a month come in. The average tree service job is anywhere from $500-$2000!
That means at bare minimum you have an asset worth $500 a month!
See why they call it digital real estate now?
That’s a rent payment.
The great thing is how easy it is to scale. You don’t have to worry about:
- Your upline getting paid before you
- Begging your friends and family to buy from you
- Recruiting people all the time
Remember 8 Figure Dream Lifestyle? You only get what’s left of the pie if you meet a monthly quota…
The course we recommend actually allows you to collect HUGE FLAT RATE DEALS. Truly passive income!
The training program takes making money online to a whole other level. The owner of the program walks you through how to build and rank a site hand in hand, with the occasional voice over when he is sharing his screen.
You will learn the importance of keywords, website name, how to send call notifications via email, backlinking, etc.
Once the training program is completed you will also have access to a Facebook group.
Unlike 8 Figure Dream Lifestyle, where you’re getting maybe $500 per sale, you could be getting 10-20X THAT.
A business will always want more leads and another job. In fact it doesn’t even matter that the job isn’t coming from their website name…they see it as it is…expanding digital real estate.
Unlike 8 Figure Dream Lifestyle, more people have been able to walk away from their 9-5 job as well.
Digital real estate allows you to have total passive income with most of your day being spent WITH your friends, NOT selling to them.
Now, I know you probably have tons of questions…