March 29, 2021
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Most likely, you are here because someone told you about an opportunity to work from home. And then you thought to yourself and ask… is Global Dream Network a scam?
Well, they do have a lot of signs showing that they are a scam.
But we need to dig deeper into that to know the real score with this. And is this a legit opportunity to make money from home and leave your full-time job and career?
This in-depth Global Dream Network review will answer that question alongside some images, videos, and the pros and cons so that you can come up with the right and informed decision.
The overview and rankings
Name: Global Dream Network
Founder: Akim Sibande
Type: Cash Gifting MLM
Products (Including Pricing): 2/100
Success Stories: 1/100
Price To Join MLM: $24
Summary:
Global Dream Network is an investment donation MLM company that provides members an opportunity to earn money by recruiting people.
Make Time Online Rating: 5 out of 100
Recommended: No
Global Dream Network is a Multi-Level-Marketing company located and based in South Africa that follows a peer-to-peer cash gifting business model system.
Members can send cash donations to other people through this system. It was founded in Jan. 2019, making it just over a year old.
I did some further research into it and discovered that they were only referring to one person named Akim Sibande.
So with this, I can conclude that he most likely might be the founder, despite the lack of any information that this is the case.
Check out this 2-minute video that talks about the company...
Their LinkedIn profile also says that the company is based in Johannesburg, South Africa.
However, there’s no solid info about the exact address of their office.
There are a lot of signs that show Global Dream Network as a full-blown pyramid scheme.
First off, is that their members can’t earn money aside from recruiting people into the company.
The only way they can earn some bucks is by getting other people to join the cash gifting system. I’ll be digging deeper into that later.
A pyramid scheme is a company or organization that is paying members to recruit people instead of offering legitimate products and services.
A lot of governments have already banned this because not everyone can earn from a company which only pays for recruitment.
See this diagram from Wikipedia below to know more about this...
There are members who do make money, but they are mostly extroverted people who work for more than 8 hours a day and acting like full-time sales managers for payment that’s only slightly higher, or worse, even lower than minimum wage.
And if you were to closely examine the diagram above, you can see that it’s just impossible for all of the members to make money from a system because you’d just eventually be running out of people to recruit.
Here is a 5-minute video that shows how you can spot these pyramid schemes in disguise...
It is hard to reach or achieve any kind of success when you’re with an MLM such as Global Dream Network.
Statistics even state that between 72.5% and 99.9% of MLM members don’t make any money.
The reason to blame for this is the “sales quota” that most, if not all MLMs have.
This means that the only way for members to stay active and earn commissions is by reaching and going beyond the minimum sales requirement every month.
Global Dream Network works by letting you donate money to someone you aren’t acquainted with.
Doing so then means you earn a commission from it once you’ve invited and recruited other people to do the same process.
I analyzed the company’s business model and realizes that they are a peer-to-peer and crowd sharing platform, much like the GoFund Me campaigns we all know today.
This means that members can raise funds for emergencies, advocacies, or even business ventures.
Global Dream Network doesn’t sell any product or service.
Instead, their business model is designed in a way that acts like a donation drive where you can join them, send monetary donations to someone, and then earn commissions by recruiting other people to do the same process that you did.
But then again, I checked their site and this is what shows up:
How does this work? Simple.
All you have to do is pay (or donate) $24 for the membership.
They said that they’re giving this amount to the beneficiary. You then recruit at least two people who should do the same.
When they’ve paid their initial dues and recruited two more people, you then receive $48. This cycle goes on and on, and you earn more $24 the more downlines you get.
Aside from that, there’s no other product or service offered, which makes this a bit suspicious knowing that the business model is only focusing on recruitment.
There are no incentives for the number of products sold as well, which is again, a clear sign that this is a scam and an outright pyramid scheme.
Also note that there are many other similar MLMs that have the same offerings such as:
So be careful if you’re considering joining this MLM...
Yes, but it’s hard, and you’ll just eventually lose that money.
There might be a few people who do make some bucks, but they treat it as their full-time job or business, and not just a part-time gig.
There isn’t even any income disclosure which proves that Global Dream Network members are really earning.
There’s only 1 way you can make money from Global Dream Network, and that’s by recruiting members.
The more members you recruit, the higher chances of earning.
You need to pay $24 to become a member.
This then activates your account and enables you to send monetary donations, and at the same time recruit people.
However, as your rank increases, the amount you have to pay or donate also gets higher.
In fact, reaching Rank 2 means you have to pay $48, which is double the amount. Reach Rank 3, and you’ll need to pay $72, and so on...
MLM companies always have confusing compensation plans. Well, Global Dream Network isn’t an exemption.
But don’t worry as I’ll be doing my best to simplify it as much as possible...
There’s only 1 way you can earn money from Global Dream Network, and that is by means of recruitment.
Global Dream Network divides its members into 4 levels.
These are:
You need to pay $24 if you’re Level 1. You then expect a return of $48. Get promoted to Level 2 and pay $48 for a return of $96.
If you get promoted to Level 3, you then have to pay $96 and expect a return of $192.
The cycle goes on and on until you reach the highest rank, which I believe is Level 5.
It sounds pretty simple, and I’m sure it had you thinking of joining them… But hold your horses, because this is common for MLMs to make their compensation plans as enticing as possible.
When in reality, the only way you can make money from them is through:
Unfortunately, I can’t find any official compensation plan from Global Dream Network, which makes it sound fishier...
Yes, Global Dream Network is a scam.
They don’t sell any products or services and the only way members can make some kind of money is by recruiting members into the system.
The rest of this Global Dream Network review will reveal the hidden truths to this...
Just to be fully transparent with you, I am not a distributor myself and I do not endorse it in any way.
I have researched the website, testimonials and information on the Internet to get to the bottom of what this program genuinely does. This is because I have been burnt from programs just like this in the past and I want to prevent others from making the same mistakes. If you’d like to learn how to “Spot an Online Marketing Scam” then click the highlighted text.
Tired of MLMs? Check out how I make money online here!
I dug deep into their business model, compensation plans, company background, or any detail I can see, but unfortunately, I really can’t find anything good or nice about Global Dream Network.
Key Terms:
The biggest red flag in Global Dream Network is the absence of any real product or service.
Although they have a system where members can send donations or monetary payment to other people in need.
But they just do this for the sake of earning bonuses from recruiting other people to do exactly the same process that they did.
Anyone with common sense can immediately conclude that this is just a mere chain recruitment system where you spend more money just to recruit more people and get back the money you’ve just spent.
Another thing I don’t like about Global Dream Network is that there’s no information on their website. Here’s what their site looks like:
They don’t even have an income disclosure or official compensation plan to prove and show that they are really a legitimate company.
This shows that there’s something fishy going on here!
The $24 subscription fee isn’t just a one-time fee, but you need to pay that regularly for you to stay as an active member.
In fact, you’re going to spend more when you reach a higher rank, which means that the $24 you are supposed to pay, will double, triple, or even quadruple soon.
This is a huge deception from the company, because they say that it’s free to join, when in fact, you need to pay, or as to what they say, donate the initial $24 to someone.
There’s no denying that Global Dream Network is a pyramid scheme because there is no other way to make money from the company other than to recruit members.
This is how their business model looks like:
The only way you can avoid spending the minimum cost of $24 every month is by recruiting people.
The more people you recruit, the higher the chances of you earning more money.
In no way is this an ethical business model...
I always check Google Trends to see how an MLM fares well in terms of popularity with the people. And what I always see are trends that are going down. But this time, it’s different.
Here’s what I saw…
As you can see, there’s no information available because there are not many people searching for Global Dream Network.
In fact, the figures, if there any are, is just plain irrelevant that Google decides to not just show it.
This means you are going to have a hard time selling whatever it is that Global Dream Network has to offer.
Global Dream Network doesn’t sell any product or any kind of service. What’s even worse is that the only way members can make money from them is by recruiting members, which is a very clear sign of them being a pyramid scheme.
Here's what I think about them...
The only way you can make some bucks is by recruiting as many people as you can and letting them hope that they can earn big time if they do the same, even if you already know that this isn’t the case.
It’s all about selling the dream of becoming rich by mere recruitment, which isn’t right at all angles...
MLMs are not scams or illegal. However, I'm not a fan of them because of the restrictions to the expensive products you have to promote.
Once I learnt about affiliate marketing, I realised it's a far superior business model because:
In 2018 I had no idea what affiliate marketing was.
But I went from a full time PE teacher to making a passive income online within one year...
If you want to discover how I did it then check out this special video I created which explains exactly how. You can also get your free 7-day bootcamp to get started.
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