Online business opportunity seekers searching for the perfect business have been inundated with advertisements, flyers and articles about the latest travel website, HolidaysandCash offering bargain holidays and a cash rewards system for members.
I'm always a bit skeptical about these types of claims so I wanted to check things out a little further before I part with my hard earned cash.
Here's what I discovered when I got below the shiny veneer.
Is It A Pyramid Scheme? A new pyramid scheme pops up on the internet every 90 seconds.
Staggering isn't it.
The most famous ones center around the Nigerian scams offering unsuspecting recipients millions of dollars once they've paid an establishment fee.
Unfortunately there is no money and many millions of people have lost billions of dollars worldwide.
Well HolidaysAndCash is NOT in this league but does it pass the litmus test of a traditional pyramid scheme.
Does it offer a product or service unlike pyramid schemes? Well yes it does.
Members have access to their own online travel portal which scouts hundreds of thousands hotels, resorts, cruises, flights etc to come up with the best bargains on the net.
This would take people hours to research, but with HolidaysAndCash the bargains pop up in minutes.
Who's Behind The Company - Will It Survive? Good management is needed in any company if it's to survive long term.
Management needs to be experienced not only in business but more particularly in the areas of internet marketing, distributor relations, international expansion and network marketing.
Michael Faust is the CEO of HolidaysAndCash.
I can't say I've heard a lot about him but digging deeper I came up with an impressive resume on the guy.
Besides having experience in all of the above prerequisites, Michael's resume showed he was instrumental in expanding Club Freedoms domination of the travel market into Europe, Asia and Africa.
One source tells me that CF grew to over 270,000 members in just 3 years.
That's staggering! If Michael is bringing that experience and knowledge to the HolidaysAndCash table, it's future seems rosy.
HolidaysAndCash Offers A Cash Reward To Members HAC outlines in it's online free tour that it pays back 60% of it's income to members.
Is that all I thought but after speaking to a couple of heavy hitters in Herbalife, Amway, Agel, NuSkin and Isagenix, 60% payout is high.
Most companies only pay 50%.
(I think a couple of the "big boys" from these other companies might be creating a stampede to HolidaysAndCash!) So after speaking with a lot of industry veterans, doing heaps of online research, checking out government registers for scammers, I've come up empty handed on negative comments.
It would seem that if you like luxury holidays and only want to pay a fraction of the retail price plus want to share in some very lucrative cash rewards (to fund more holidays), then you need to take a serious look at HolidaysAndCash and take advantage of it's pre launch phase.
I'm always a bit skeptical about these types of claims so I wanted to check things out a little further before I part with my hard earned cash.
Here's what I discovered when I got below the shiny veneer.
Is It A Pyramid Scheme? A new pyramid scheme pops up on the internet every 90 seconds.
Staggering isn't it.
The most famous ones center around the Nigerian scams offering unsuspecting recipients millions of dollars once they've paid an establishment fee.
Unfortunately there is no money and many millions of people have lost billions of dollars worldwide.
Well HolidaysAndCash is NOT in this league but does it pass the litmus test of a traditional pyramid scheme.
Does it offer a product or service unlike pyramid schemes? Well yes it does.
Members have access to their own online travel portal which scouts hundreds of thousands hotels, resorts, cruises, flights etc to come up with the best bargains on the net.
This would take people hours to research, but with HolidaysAndCash the bargains pop up in minutes.
Who's Behind The Company - Will It Survive? Good management is needed in any company if it's to survive long term.
Management needs to be experienced not only in business but more particularly in the areas of internet marketing, distributor relations, international expansion and network marketing.
Michael Faust is the CEO of HolidaysAndCash.
I can't say I've heard a lot about him but digging deeper I came up with an impressive resume on the guy.
Besides having experience in all of the above prerequisites, Michael's resume showed he was instrumental in expanding Club Freedoms domination of the travel market into Europe, Asia and Africa.
One source tells me that CF grew to over 270,000 members in just 3 years.
That's staggering! If Michael is bringing that experience and knowledge to the HolidaysAndCash table, it's future seems rosy.
HolidaysAndCash Offers A Cash Reward To Members HAC outlines in it's online free tour that it pays back 60% of it's income to members.
Is that all I thought but after speaking to a couple of heavy hitters in Herbalife, Amway, Agel, NuSkin and Isagenix, 60% payout is high.
Most companies only pay 50%.
(I think a couple of the "big boys" from these other companies might be creating a stampede to HolidaysAndCash!) So after speaking with a lot of industry veterans, doing heaps of online research, checking out government registers for scammers, I've come up empty handed on negative comments.
It would seem that if you like luxury holidays and only want to pay a fraction of the retail price plus want to share in some very lucrative cash rewards (to fund more holidays), then you need to take a serious look at HolidaysAndCash and take advantage of it's pre launch phase.