- in Not Approved by Vasiliy Latipov
Is 5linx Legit? Can You Make Money with Them? Oh Are they Out of Business?
5Linx Review Summary
Founders: Craig Jerabeck, Jeb Tyler, and Jason Guck
Product Type: Multi-Level-Marketing
Price: $99 starting price
Quick Summary: 5Linx is MLM company that has been around since 2001. They specialize in telecommunication services, health insurance, nutrition supplements etc.. Many people think it’s scam and not a viable option to earn serious income, part of that because of MLM structure. The Latest News on 5Linx say that founders Craig Jerabeck and Jeb Tyler were sentenced to 14 months jail for committing fraud and money laundering. Here is the biggest question now: Can 5Linx be trusted?
Overall Rating: 3/10
Is 5Linx Still in Business?
I had to update my original 5Linx review and open my review with most intriguing question whether 5Linx still in Business?
According to their website and products that you can still buy they are still in business, but the fact that their owners went to Jail as of December 2018 puts a lot of questions about the future of this company. It can shut down any day or it may restructure their operations.
Unlike Vemma which is another MLM company which was sued by FTC for acting as a Pyramid Scheme and had to restructure their operations 5Linux is still undetermined with their new vision and this can be a worrisome situation for anyone who wants to pursue 5Linx as a business opportunity.
I personally would stay away from 5Linx as their future is clearly undetermined.
I am Vasiliy,
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What is 5Linx About?
Are you looking to gain financial independence online? That’s an admirable goal, but first, you have to find—or make—something to sell or promote. That’s where a company like 5Linx comes into play.
If you’ve heard of them and are looking into 5Linx reviews, you might be getting mixed information. That’s because people are getting paid to promote 5Linx so you’re stumbling into some of those reviews. For an unbiased 5Linx review, keep reading!
So, what is 5Linx actually about? 5Linx is an American multi-level marketing company which offers utility and telecommunication services, health insurance, nutritional supplements, and business services.
Becoming 5Linx member, which means buying 5Linx products automatically makes you a sales representative for their lines of products. For every product you sell, you will earn a commission. You will also earn commissions for recruiting new members to 5Linx.
In 2009 they were on the list of fastest growing companies, which means they have to be profitable right? Well, that might not be the case anymore especially after their owners committed fraud with their own company.
Is 5Linx a Scam?
So, is 5Linx legit or is it a scam? Well, it’s not an outright scam, but it is a multi-level marketing (MLM) company. Some people automatically deem this a “pyramid scheme” and chalk it up as a scam, but that is not the case. However, there are many red flags to watch out for when it comes to 5Linx.
The first issue is the cost to join. You will pay a set fee to join and these prices range from $99 to $399. For what you are actually getting, this is exorbitant.
In addition, there are numerous hidden fees that you are not aware of upfront. You might think recouping your starter kit fee is easy, but 5Linx doesn’t make you aware of the price of recruitment forms and shipping that you’ll be required to cover.
Another issue with 5Linx is that there is absolutely no transparency. You won’t know how much you’re making until a paycheck comes your way—if you actually manage to sell anything. This is a big issue and something that many MLM companies struggle with.
Finally, you’ll be hard pressed to recoup your costs with 5Linx. Not only are the packages costly, but it’s difficult to sell products. That’s because 5Linx has been around since 2001 and the market has become extremely saturated.
You will be competing with 5Linx affiliates that have been established for years, which makes this a difficult business venture to get into now. So, no, 5Linx is not a scam. However, it doesn’t mean it’s a great option for you.
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Can You Make Money with 5Linx?
Just like any MLM most people who actually make money in the pyramid are the ones at the top, plus convincing anyone today to buy MLM products is almost impossible as when people hear things about “MLM” they just want to run away.
If you don’t know FTC is getting very tight grip on many MLM companies like Vemma and Herbalife making it even more difficult to succeed with MLM business model. You must absolutely love their products and MLM business structure to succeed with 5Linx.
I found an interesting video from YouTube from one of 5Linx Members recommended by YouTube where a guy explains that 5Linx is a legitimate way to make money in case you are really interested:
Signing up for 5Linx is by no means cheap. The $99 package—yes, this is the cheapest option—gets you 10-20% commission no product sales.
There is also $5.95 shipping to consider for this starter kit. The Leader Starter Kit will cost you $399. This package gives you marketing packages, some gift cards for promotional efforts, dietary supplements, and an “energy certification” for your page.
There is also a VIP Starter Package that includes everything from the first two packages, plus 100 -$10 gift cards and a ticket to their international event.
The issue with these packages costing so much is that you will be hard pressed to see a return on your investment. Plus, you also have to invest in the actual products themselves, which those packages starting around $400. It’s just too large and risky of an investment.
- Their products are of a good quality
- You can earn just from selling products, you don’t have to recruit people
- Has been around since 2001
- Owners went to jail as of December 2018
- Absolutely no transparency for the compensation plan
- Starter packages are extremely expensive
- The market is very saturated with other 5Linx affiliates
- It is difficult to sell 5Linx products
- The 5Linx products are very over-priced
Is 5Linx Good for You?
5Linx is really just for people that like their products and don’t mind promoting them. I’ve always felt that MLM businesses only work if you truly believe in the products and can honestly promote them.
If you are an active 5Linx member, it might make sense to see if any friends or family members would be interested in their products.
However, if you are looking to get into a new business venture and have never used 5Linx before, this is not the best option for you. If you do decide to get into 5Linx, you should be an experienced internet marketer.
This is not a good business option for beginners who don’t know much about internet marketing or affiliate marketing.
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As far as training and support go, 5Linx doesn’t offer much. You are left at the mercy of whoever recruits you, which makes this a dangerous business venture.
To make money with 5Linx you need to recruit people. That’s the only way you’ll see a penny. However, if you have no experience this will be an extremely difficult undertaking.
5Linx provides “gift cars” and some marketing packages and paraphernalia, but what they don’t really offer is a tutorial on how to actually market and sell their products and membership. That’s frustrating and just another red flag that makes this product one to steer clear of.
After taking a detailed look at 5Linx, what’s the final verdict? This is simply not a business venture that I can recommend for 2 main reasons:
The first is their future which is simply undetermined and 2nd it is just too costly to join and there are hidden fees that just add to your investment making this very tough business opportunity to consider.
With the crowded marketplace and intense competition among 5Linx affiliates, you will be hard pressed to make a sell and see a return on your investment. Plus, there is little training, which makes it an even riskier investment.
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