GoFounders Review – An Internet Marketing MLM Reviewed!
Welcome to my GoFounders review!
As of this writing, this program is still on its pre-launch phase. However, it is already pre-selling and getting members.
What is this new MLM company and why are people buying into the program already?
This is GoFounders.
First of all, I must Congratulate you for taking your time to do your own research before buying into any "seemingly good" product.
That's the way to avoid scams and find the legitimate way to make money online!
Let me be completely transparent with you, I'm not associated with Go Foundersin any form.
So, rest assured that I'm not here to pitch or sell anything to you.
Instead, I'm here to reveal what this MLM company is trying to sell you and why it's not going to be worth your time and money.
GoFounders Review Summary
Product Name: GoFounders
Founder: Ash Mufareh
Product Type: Internet Marketing MLM (Still pre-launch)
Price: $97 recurring monthly fee
Best For: no one
Summary: GoFounders or OnPassive is a MLM company that sells an Internet marketing platform or automated system. However as of this writing, the company is still in its prelaunch phase. That's a bad thing considering that they've been in this state for more than a year. Not to mention that their business model has raised some serious red flags.
What is GoFounders?
GoFounders, or better known as OnPassive, is a MLM or multi-level marketing company that sells some form of Internet marketing platform to its members.
Company and Founder
On their official website, it will say that it’s still on its pre-launched phase. Reading reviews dating back as far as January 2019, I would say that they’ve been in this state for quite some time now.
On its official website, you will not fail to notice the OnPassive seems to be on its pre-launch state.
Both OnPassive and GoFounders website were both launched in 2018.
In one of the Facebook videos for GoFounders, Ash Mufareh is presented as OnPassive’s founder. He also cites himself as the CEO and founder of GFI Fusion, which is a marketing team within Global Domains International.
Ash Mufareh has had some experience in MLM. He launched his own recruitment-based matrix scheme in 2010 called AshMax. These days he’s created various “passive income” scams to a closed group of investors who support him from one scheme to the next.
GoFounders Product Line
There are no products or services being sold in GoFounders. Members of OnPassive are selling the affiliate membership itself, which provides access to marketing automation platform and some “ad credits”.
I Created My Own 4-Figure Monthly Passive Income at just 21 Years Old!
Does the Product Work?
Because they’re still in pre-launch, there has been no reviews or feedback about how their automated platform works.
However, there are several biased reviews that say that they’re already making money from OnPassive. But when probed deeper, they refuse to explain.
How To Make Money With GoFounders
There’s only one way for you to make money with GoFounders/OnPassive.
You have to sell their “positions” and earn commissions based on how many you recruit for those positions.
And I’ll explain this further in the next section below.
How To Get Started With GoFounders?
Their prelaunch pricing is for Founder’s positions, costing $97 (one-time fee).
There’s no other information as to what you get from the $97, but I would assume that it’s to get a spot on all the 4 matrix tiers on their opportunity.
After the pre-launch the cost will be:
- $25 per month to qualify for Matrix 1 commissions.
- $125 per month to qualify for Matrix 1 commissions.
- $250 per month to qualify for Matrix 1 commissions.
- $500 per month to qualify for Matrix 1 commissions.
GoFounders Compensation Plan
GoFounder/OnPassive offers members to purchase their positions in up to 4 3x10 matrices, as seen here.
A 3x10 matrix puts you or potential members at the top of the matrix, with 3 positions underneath.
These three positions form the first level of the matrix. The second level is generated from splitting the first three positions into another 3 positions.
Levels 3 to 10 of the matrix are generated in the same manner, with each level housing three times as many positions as the previous level.
Commissions are paid out when positions are filled, a.k.a. when people are recruited into the matrix by the top matrix.
Commissions paid across OnPassive’s four matrix tiers are as follows:
$25 Matrix (positions cost $25)
$2 on level 1 per position filled
$3 on level 2 per position filled
$2 on level 3 per position filled
$1 on levels 4 to 8 per position filled
$2 on level 9 per position filled and
$1 on level 10 per position filled
$125 Matrix (positions cost $125)
$10 on level 1 per position filled
$15 on level 2 per position filled
$7 on level 3 per position filled
$5 on levels 4 and 5 per position filled
$3 on level 6 per position filled
$2 on level 7 per position filled
$3 on levels 8 and 9 per position filled
$2 on level 10 per position filled
$250 Matrix (positions cost $250)
$10 on level 1 per position filled
$25 on level 2 per position filled
$10 on level 3 per position filled
$8 on levels 4 to 6 per position filled
$7 on levels 7 and 8 per position filled
$8 on levels 9 and 10 per position filled
$500 Matrix (positions cost $500)
$20 on level 1 per position filled
$30 on level 2 per position filled
$15 on levels 3 to 5 per position filled
$10 on levels 6 and 7 per position filled
$15 on levels 8 and 9 per position filled
$10 on level 10 per position filled
Take note. These matrix positions are monthly recurring payments, so the above commissions are also recurring (so as long as the recruits continue to pay their fees).
GoFounders Ugly Truths Revealed!
#1 – Always On Pre-Launch
In my research, I found out that their launch date has been long overdue. I found out that founding members have expressed their concerns about the direction of the company/
If you join GoFounders as a founders, you’ll face the same problems as 23,000 other members, which is still waiting for their official launch.
Take note that they’ve been in this pre-launch status for more than a year now, so what are they waiting for?
#2 - Founder Has a Bad Rep
Ash Mufareh was previously involved in some investment schemes such as PayDiamond, TelexFree, and AshMax.
Now I am not saying that OnPassive or GoFounders is an investment scheme, but you can’t deny that feeling in your gut instinct that that’s where it’s headed.
#3 – It Has The Makings Of A Pyramid Scheme!
The type of business model that OnPassive or GoFounder uses falls awfully close to how pyramid schemes work.
The two red flags of a pyramid scheme, as written in the FTC’s guidelines, are:
- Too much focus on recruitment and not much on product selling
- No products sold
They even have an infographic that issues the same warning. Now I am not saying that GoFounders is a pyramid scheme, and at which point I don’t even accuse them of being one.
It just so happens that their business model works a lot like how a pyramid scheme is defined by the Federal Trade Commission
What I Like About GoFounders?
#1 - Membership Refund
I watched a couple of YouTube Review videos that mentioned that some of the aspiring founders were able to get a refund from their investments.
This basically means that the company is doing this as a sign of good faith so that people won’t think that this is another investment scheme.
Is GoFounders a Scam?
GoFounders or OnPassive is not a scam as far as I am concerned but it doesn’t mean that it’s worth investing either.
The company is always on a state of pre-launch and has no plans whatsoever of announcing when they’ll start to open.
But the biggest reason why this program is not recommended to anyone is that they have some red flags of a pyramid scheme, according to the Federal Trade Commission.
Until the company officially launches, we’ll just have to wait and see how this business opportunity is going to perform.
How I Make a Living Online?
I'm not a fan of MLM, not because it's illegal or not profitable, but because of all the restrictions and the expensive costs involved.
Instead, Affiliate Marketing is my top recommended business model for anyone to make money online.
The reason is simple...
- You don't have to recruit anyone to make money
- You have the freedom to promote any products you want and not being restricted to only promote the products from one MLM company
- It's Free to get started
In fact, with affiliate marketing...
I've personally created a 4-Figure Monthly Passive Income Stream and become financially independent at just 21 years old without any College degree or working experience!
Through my own hard work, I went from a broke restaurant waiter to living my dream laptop lifestyle in less than a year's time...
If you want to discover the secrets of how I did it at such a young age, click here!