Text Cash Network has created a buzz for several reasons. We’ll go over the reasons in this Text Cash Network Review. The review is objective, which means I am not a part of the company. That way, you don’t have to wonder if I am disguising an MLM pitch as a review.
Text Cash Network Company Information
Text Cash Network – or TCN – is a new company that is still rolling out parts of its compensation plan at this writing. It has some features that are attractive, and some that might make an experienced Network Marketer think twice. One thing you wouldn’t have to worry about is the management team. Text Cash Network was founded by Brett Hudson, who is the President and Gene Johnson is Director of Communications. Mr. Hudson has a very impressive resume; he has wide experience in starting companies and taking them public. The company headquarters is in Boca Raton, Florida, which is in between West Palm Beach and Ft. Lauderdale. Their building opened in December of 2011. As with any MLM company you are looking at, do as much research on Text Cash Network as possible. It is still new and hasn’t passed the critical 2 year mark yet.
The Text Cash Review: The Service
The primary idea behind Text Cash Network (TCN) combines three current hot trends in the current economy. Text message marketing, Network Marketing, and Groupon. The idea behind Groupon and its many imitators is saving money on advertised purchases. I personally haven’t been swayed by any offers presented by Groupon, but that doesn’t mean others don’t take advantage of it. The company is very careful to say that Text Cash Network is free to join. They also say you will never pay anything unless you decide to do some advertising on the network. You have to commit to receive 5 advertising texts a day. You also choose which categories of text ads you would prefer to get. There are several categories: food, entertainment, clothing, etc. You recruit others to receive the text ads as well. You get paid by Text Cash Network from the ads received by your downline.
The Text Cash Network Compensation Plan
In an online promotional piece from Text Cash Network (TCN), they were very careful to clearly state that no compensation is ever “earned or paid” for recruiting new members. This information was clearly written by a lawyer. Since Text Cash Network doesn’t have a physical product to sell they want government regulators to understand that the company has no characteristics of a pyramid scheme. Probably a good idea considering their business model.
TCN says they have “Four Power Streams of Compensation”. Actually they have two Power Streams right now. The other two will be rolled out in the future.
#1 is called the Power Grid. Text Cash Network is careful to say it is not a matrix. But it is described as a 2×10. There is also a 3×10. But the company says no matrix. This is one thing that would have experienced Network Marketers scratching their heads. I’m not saying it definitely is a matrix; I’m saying I don’t understand. Before you join, you should understand. In the Power Grid you make up to $.75 to $1.50 per active referral agent up to 10 levels. Text cash network says that 10 levels by the power of 2 is $2,302.50 per month.
#2 is the Power Line and has to do with what the company calls “linked” bonus Power Line Positions. Details are promised soon.
#3 is called Power Share. It is Patent Pending, and will be introduced in December of 2012.
#4 is the 100% Power Match and is available only to VIP Referral Agents, although I am not sure at this point how you get to be a VIP Referral Agent.
Text Cash Network is promising a great deal in 2012, and since it costs nothing to join, it may be worth your time. If you are interested, find a sponsor and learn more. In any case, you will need a large downline to make this pay off. The best way to make this happen is with a powerful Attraction Marketing System. This will show you how to go beyond your warm market with your Text Cash Network business.
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