How Does Lawn Chair Millionaire MLM Really Work?
Lawn Chair Millionaire is a new MLM that offers a unique compensation plan that pays people immediately upon joining. Learn how this really works.
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Lawn Chair Millionaire is a MLM that just launched on December 7, 2007 and is already spreading like wildfire across the internet. The viral expansion of the company raises the question: What do they really have to offer?
According to the Lawn Chair Millionaire company website, there are three ways to earn money. Everyone who joins is given an immediate cash bonus from the Moneyline Pool. Each member’s cash bonus, referred to as “shares” of the Moneyline Pool, continues to grow for 60 days from the date they joined as more people enter the program. At first, this seems unbelievable. According to a company spokesperson, the share growth depends on the referral results of others who joined on the same day. The exact algorithm is a well-kept secret. With this formula, it is literally possible to do no work and have your shares grow in value, as long as someone else in your group is working.
The second way to earn money with Lawn Chair Millionaire is where the real money is – sponsoring others into the business and earning commission on referrals and residual income on subscriptions to the service offered. This income can be substantial. As an example, using data posted on the Lawn Chair Millionaire official website, the top sponsor (after less than a full week from launch) has referred over 400 people. The upfront income from that effort, at $20 per person, is more than $8000. Even better, the residual income, earning $15 per person for each month of their subscription, is more than $6000. This is potentially a residual income of over $72,000 per year created in one week! Do you think somebody might get rich from this program?
Finally, “The Vault” is the name of the subscription service available to members. The Vault currently contains three products, with more on the way. All current products deal with arbitrage. The arbitrage techniques are advanced money-management and investment techniques that can yield out-of-this-world earnings with greatly reduced risk. These are investment vehicles, so it is necessary to invest in order to earn using these products and there is some level of risk with any investment.
All in all, Lawn Chair Millionaire has a lot to offer. They are using advanced concepts of MLM, with up-front and residual income streams. The combination of the Moneyline Pool that provides an immediate cash bonus, plus the potential for substantial residual income makes Lawn Chair Millionaire an appealing program with a low cost, low risk startup fee and loads of long-term potential.