In this post we will discuss PeopleString and determine whether this company is a legitimate business opportunity. I am going to offer you the information you must have find out if it is the opportunity you are looking for. I choose to cover details which are left out of most opportunity presentations and offer my opinion to whether this company has what it takes for long-term industry success. The company continues to be creating a lot of attention on the internet lately and is being promoted as the new wave in relationship and social communities where people can meet and network.
PeopleString seems to be trying to capitalize on the growing social networking trends and has combined traditional network marketing with the social networking concept to produce an income opportunity as an incentive for people to join the network. Free membership provides you with access to the social portal. It’s where you can do everything that you already do online from one site. You are going to even have access to what they claim is the “World’s Coolest Email” with 2GB of email capacity, self destructing email and video email that has a 60 second duration. What’s seemingly different from other social networking sites is that they share the advertising revenue created by the users of the site.
Before you join PeopleString the very first thing you need to do is find out who the Leadership Team is and what experience they have. This company’s Chief Executive Officer and Founder is Darin Myman. He is also the owner of BigString Corporation. The Chief Operating Officer is Adam Kotkin and the Chief Marketing Officer is Bruce Van Heel. These individuals have a great deal of experience and a proven track record in this industry. Mr. Myman had the thought of setting up a new social networking site and combining with a MLM opportunity. This company states on their website that they share 70% from the advertising revenue with the users on the site.
There are a couple of membership levels in PeopleString, free and paid. Free members earn 5% from the revenue generated by their personal referrals and 2% of the revenue five levels down. Another choice is to buy the “Entrepreneur Package” for $300 which has unlimited email capacity, as many as 20 email accounts and opportunity to earn 20% on your personal referrals and 6% five levels down. This is a limited time offer and I don’t know how much longer it will be available. As with any MLM opportunity, you will need to create a HUGE organization, and I do mean HUGE, so as to max out the compensation plan.
As I stated before PeopleString shares 70% from the advertising revenue with all the users. So why are of some people having a huge amount of success with this opportunity and others aren’t? One thing I can say for sure is that regardless of how great this opportunity is, it continues to be proven over time, that with any Multi level marketing Opportunity you need to know “How