Listed as Founders on The Elite Networker website are Wallace Nuanez, Val Smyth, Dave Lear and Dan Putnam.
With the exception of Putnam, The Elite Networker’s Founders launched
Total Takeover
earlier this year.
Total Takeover saw affiliates pay $89.95 a month and get paid to recruit other affiliates who did the same.
The scheme collapsed shortly after launch, but not before
withholding owed commissions
to affiliates who stopped paying their monthly fees.
Dan Putnam (right) is the Founder of
EPX Body
and the more recently launched
Let Us Close
opportunity.
Let Us Close appears to have flopped shortly after launch, with the company’s website now redirecting to that of The Elite Networker.
As per The Elite Networker’s logo, the company is “powered by Let Us Close”.
For all intents and purposes, The Elite Networker would appear to be a merger reboot of both Let Us Close and Total Takeover.
Read on for a full review of The Elite Networker MLM business opportunity.
The Elite Networker Product Line
The Elite Networker is an advanced marketing system with one simple purpose: to close all of your sales.
Advertised services on The Elite Networker website include:
post cards and leads
custom lead capture pages
social for marketers
custom funnel
contact manager
live training
auto responder and
call center
A “preferred customer” option is provided on The Elite Networker sign up page, however no retail pricing is provided.
The Elite Networker Compensation Plan
The Elite Networker compensation plan pays affiliates to sell $50 (estimated) marketing tools memberships.
Recruitment Commissions
The Elite Networker pay affiliates a $20 commission for every new affiliate they recruit.
Residual Commissions
Residual commissions in The Elite Networker are paid out via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
Each new level of the binary is generated by doubling the previous level’s total number of positions.
Sales volume is tracked between both sides of the binary, with a 25% commission paid on the sales volume generated by the weaker binary side.
A 100% check match is also paid on binary earnings generated by personally recruited affiliates.
K Club Bonuses
Subject to applicable qualification criteria, they following K Club Bonuses are made available to qualifying The Elite Networker affiliates:
K Club (recruit and maintain at least two affiliates and earn at least $1000 in commissions for two consecutive months) – $100 in “LUC gear”
3K Club (recruit and maintain at least two affiliates and earn at least $3000 in commissions for two consecutive months) – $750 “iPad or tablet”
5K Club (recruit and maintain at least two affiliates and earn at least $5000 in commissions for two consecutive months) – $1500 laptop
10K Club (recruit and maintain at least two affiliates and earn at least $10,000 in commissions for two consec
🤖 Quick Answer
Who are the founders of The Elite Networker?The Elite Networker lists Wallace Nuanez, Val Smyth, Dave Lear, and Dan Putnam as founders. Three of these founders—Nuanez, Smyth, and Lear—previously launched Total Takeover earlier in the year, a scheme requiring $89.95 monthly affiliate fees with commission-based recruitment structure.
What was Total Takeover?
Total Takeover was a monthly subscription scheme where affiliates paid $89.95 and earned commissions recruiting other paying affiliates. The venture collapsed shortly after launch while withholding owed commissions from affiliates who discontinued their monthly payments.
What is Let Us Close?
Let Us Close is an opportunity launched by Dan Putnam, founder of EPX Body. The platform appears to have underperformed post-launch, with its website
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