It’s likely that you have come across GoFounders through an email list, on social media or got it recommended by a friend or family member.
Is GoFounders a scam? The reasons why you’re here is because you have want answers right so, that’s what I’m going to provide for you within this GoFounders review.
First and foremost I must commend you for actually doing a bit of extra research before committing to joining GoFounders. For all you could have known, the product could be a major scam so the fact you’re here right now, researching whether or not that’s the case is a pretty smart move on your part.
To be fully transparent with you, I am personally not a member of GoFounders so I can assure you that I will not attempt to sell you it unless of course it’s worth investing in.
What I will aim to do is provide you with an unbiased 3rd party look at GoFounders that will hopefully help you to make the best decision you can in the end.
PRODUCT NAME: GoFounders
OWNER/S: Ash Mufareh
TYPE OF PRODUCT:
PRICE: $25/month – $500/month
SUMMARY: I personally do think that GoFounders is a pyramid scheme and scam, which honestly isn’t unfounded when you consider Ash’s reason for quitting on the onpassive side in April 2019.
Beyond this, Ash’s ponzi scheme and scamming history, the lack of any tangible products within GoFounders, the fact recruitment is essential for success and of course the pay to play nature of the whole company, are pretty valid reasons to not join GoFounders.
So of course I personally would suggest skipping this company as well as recommend others within your circle to do the same.
FINAL RATING: 0/5
RECOMMENDED: NO!!
Table of Contents
WHAT IS GOFOUNDERS?
GoFounders, also known as Onpassive, is a MLM company founded in 2018 by Ash Mufareh and is a company that appears to sell business and marketing resources to individuals through a membership.
Ash seem to be quite an experienced MLM marketer previously having worked for global domains international where he listed himself as the CEO and founder of GFI Fusion, which was a marketing team for the aforementioned MLM.
He also was the CEO of another compnay called AshMax, a recruitment-based matrix scheme. He’s promoted a couple other ponzi schemes in Telexfree and PayDiamond, both of which have now collapsed, with Telexfree actually being shut down by the SEC who reported they stole essentially $3 billion from their customers.
So yeah, Ash is far from a trustworthy individual when it comes to business opportunities as he clearly has a history of working with ponzi schemes, in fact I’m pretty sure that at least the onpassive side of the company is already a ponzi scheme as he literally shut that side down within a live webinar claiming he “works too much” and that his doctor said ” if he doesn’t stop his body will give up on him” .
If that’s not the lamest excuse for shutting down a company where roughly 20k members invested $87, I don’t know what is. In short I’m pretty clear with my stance when it comes to Gofounders but, if you’re still curious about how the company works, I will of course cover them through the rest of this video.
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GOFOUNDERS PRODUCTS
GoFounders doesn’t offer any tangible products to their customers, what’s essentially offered is a marketing suite where members are sold some automation softwares and ad credits.
Normally when a company only offers individuals access to a membership and the ability to only sell said membership to customers whilst also utilising a MLM business model, there is reason to be cautious of them, especially when you consider pyramid institutes like Mobe and digital altitude did the same thing.
The comparisons are even more connected when you take into account all 3 companies seem to use a pay to play system in order to maximise the earning potential through recruitment.
HOW DO YOU MAKE MONEY WITH GOFOUNDERS?
As is the case with pretty much all MLM businesses there are 2 ways to make money with them, GoFounders being no exception.
1. The first method is by directly selling the product to other individuals and in return make a commission for the sales
2. You make money through your recruits and downline, by getting residual income by following and meeting certain criteria as well as make money through bonuses and incentives due to meeting company set goals.
HOW TO GET STARTED
If you want to join GoFounders for some off reason, you will need to invest a monthly fee. This is mostly so you can maximise your earning potential within each level of the recruitment matrix GoFounders uses to pay its members.
- $25 per month to qualify for Matrix 1 commissions.
- $125 per month to qualify for Matrix 2 commissions.
- $250 per month to qualify for Matrix 3 commissions.
- $500 per month to qualify for Matrix 4 commissions.
Of course the more you pay per month they more money you’ll make from recruiting and as can clearly be seen the higher level qualification criteria can be very very expensive, which to me is yet another red flag.
COMPENSATION STRUCTURE
The compensation plan simply determines how much an affiliate will be eligible to earn depending on how much they’re willing to pay and in this section I’ll be going over it.
The earnings for affiliates are determined by a 3 x 10 matrix where affiliates can purchase upto 4 tiers, which as I mentioned above is determined by the qualification amount you pay on a monthly basis.
As for how the 3 x 10 matrix works, what it means is that an affiliate will be placed at the top the matrix and will personally be able to recruit 3 individuals, these 3 individuals will also be able to do the same and this pattern continues for every member within your team.
The 10 in this case just represents how many levels down you’ll still be eligible to earn from meaning that you won’t be able to earn anything from members on the 11th level of your team or below.
Now I’ll move onto how much each tier will pay its affiliates.
Tier 1 ($25/month)
- $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
Tier 2 ($125/month)
- $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
Tier 3 ($250/month)
- $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
Tier 4 ($500/month)
- $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
So that’s basically how your earning potential will be determined, which quite clearly is determined by how many recruits you can bring into your downline team.
THE NOT SO GOOD THINGS
Recruitment Is The Only Way To Succeed
There appears to be no way other way to earn with GoFounders other than recruiting new members and selling them on the membership that’s offered.
Usually when the only way to make money with a company is through recruitment, it’s often a huge red flag and means that the company in question is operating in the manner of a ponzi /pyramid scheme.
That’s personally how I see GoFounders so, the fact recruitment is pretty essential for success within the company is a huge red flag in my opinion and a more than big enough reason to skip out on it.
It’s A Pay To Play
The compensation plans earning potential is completely reliant on which level you buy in at, which is actually quite reminiscent of other pyramid schemes within the MLM market.
Not only that the monthly fees are quite expensive too so, both of these points added together are pretty major red flags in my eyes.
Ash Has A Really Shady History
The owner of GoFounders, Ash, actually has a very troubling past having worked with multiple ponzi schemes. Even this time, with the Onpassive website, the whole premise behind the business is to scam people and run away with their money, which it does seems he’s accomplished to certain extent already.
THE GOOD THINGS
There is literally nothing good about GoFounders in my opinion therefore as a process of elimination, in my opinion the company is not worth investing your time and money in.
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IS GOFOUNDERS A PYRAMID SCHEME/SCAM?
I personally do think that GoFounders is a pyramid scheme and scam, which honestly isn’t unfounded when you consider Ash’s reason for quitting on the onpassive side in April 2019.
Beyond this, Ash’s ponzi scheme and scamming history, the lack of any tangible products within GoFounders, the fact recruitment is essential for success and of course the pay to play nature of the whole company, are pretty valid reasons to not join GoFounders.
So of course I personally would suggest skipping this company as well as recommend others within your circle to do the same.
MY PERSONAL RECOMMENDATION
I personally will always recommend against using a MLM business model to make money, not because you can’t make money through it (you totally can) but, the system has always seemed shady to myself and is kinda synonymous with the likes of a pyramid scheme or scams (MOBE and Digital altitude).
Instead I prefer working with something created through ones own means and is ultimately dependent on yourself and your work ethic alone.
This method I’m talking about is affiliate marketing.
The reasons as to why I recommend it over MLM based structures are because
– there is no need to recruit constantly
– it is a legitimate method that has been working consistently and continues to grow as more businesses want individuals to promote products
– and because it is free to start up, no unnecessarily large start up funds needed.
The service I recommend is Wealthy Affiliate. It’s free to sign up to and will get you set up and ready to start your affiliate marketing journey within minutes, as it did for me when I begun my journey.
If you have any questions that you would like to ask me regarding GoFounders, feel free to do so in the comments section below and I will get back to you as soon as I can. If you have your own thoughts about GoFounders and would like to talk about it, again feel free to do so in the comments below!
Thanks
Amhil