5LINX is a multi-level marketing (MLM) company that is quite broad in terms of what products and services they sell. They offer everything from coffee and health supplements to home security systems. This review will give you an idea of what to expect if you decide to join the 5LINX MLM and promote there products and services.
It’s important that I warn you that the co-founders on 5LINX have a pretty sketchy reputation. In 2017, they were indicted on fraud charges. The charges included wire fraud and investor defrauding of about $2.3 million!
Now days 5LINX is run by different management but the company still has that fraudulent reputation due to the bad decision-making by the co-founders.
What Is 5LINX?
5LINX was founded in 2001 by Jason Guck, Jeb Tyler, and Craig Jerabek. The company headquarters are located in Rochester, NY. This MLM is quite different than others because of the wide range of products and services they sell. With 5LINX you can promote everything from home security systems to different types of coffee and tea.
However, I have read that the overall quality of these products and services is not very good compared to other brands that are more familiar. And they’re quite expensive as well. So you may struggle to get sales.
Can I Make Money With 5LINX?
As it is with most MLM’s, there are two ways to earn money with 5LINX. The first way is to promote products and services, and make sales. The second way is to recruit people and build a team.
I just think that it will be difficult to make sales. To me, some of these products/services just seem like “knock-off brands”. Not only that but they are more expensive than your average brand. And if the products and services are hard to sell, how the heck are you going to recruit people to help you sell this stuff?
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And to top it all off, you average just 10% – 20% per sale which is pretty low for an MLM. And that will make recruiting people just that much harder.
5LINX does provide you with a personal website and app which is nice. If you can get a decent amount of traffic to your website, you can make some easy sales.
Pros & Cons
- There’s a wide variety of different products for you to sell.
- You get your very own website.
- You can earn recurring revenue.
- It’s pretty expensive to sign up.
- They have a low BBB rating
- The co-founders were indicted in the past for money laundering and wire fraud.
Is 5Linx A Scam?
Yes the co-founders were involved in some shady behavior in the past but it seems that the 5Linx company have regrouped with new management. So, no I do not believe 5Linx to be a scam. In my opinion, MLM’s can be quite difficult to make decent money online but it’s still possible to be successful in that business.
It costs $249 to sign up and they recommend you sign up for TeeVee at $49.99 or $69.99 a month. That’s a lot of money to sign up for an MLM. And once again, it’s so difficult to succeed with MLM. If you can’t build a dedicated team and make sales you’re doomed! That’s just my experience.
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Thank you for reading!