When I discovered the FeederMatrix, I suspected it was a Multi-Level-Marketing (MLM) program, but it appeared to be much more. In fact, it looked EXACTLY like a Pyramid scheme and by definition, a scam. Is the MLM Feeder Matrix a scam? Here is my review.
The Lure of MLM’s & Pyramid Schemes
I’m sure MLM’s work for some people, but statistically speaking, most don’t make it. And this has been my experience as well. As much as MLM’s try to be all about the product, the real focus for the leadership tends to be mainly on recruitment. Recruit people so you can get more people to sell more and more people to sell the product.
Prospects are likely told that the MLM products are the greatest product available. While this might be true, the main reason that the product is marketed by MLM’ers is because is it an efficient way to move product. Though I personally don’t like the idea of selling things to my friends (aka, “warm market”), it remains an efficient way of getting the word out. No matter how good the product is, you can usually see MLM’ers coming from a mile away, even though they may have the best of intentions.
Pyramid schemes are really just recruitment schemes that rely on more and more people to get in and pay their money before the top gets too heavy and the bottom drops out. The bottom people lose their “investment”, while the top rake it in while it lasts.
Its easy to see why MLM’s and pyramid schemes have appeal. But if you lose money or there is any risk of losing your money, it would be wise to avoid them. What if there is no risk to lose money with an obvious pyramid scheme? Feeder Matrix appears to be just that.
So, What Is Feeder Matrix? Here is a pretty good video explaining the various levels:
Yeah, I’ve joined a few MLM’s over the years and they all seem to be similar and eventually dissolve for me as I either lose interest in the product or people get sick of me. I can’t say that I’ve ever made money or even enough to cover my initial purchase, but I don’t feel that bad as I’m sure it is the common experience. In fact, I’m probably quite typical, and if you’ve had these experiences, quite possibly you have too.
Does Feeder Matrix Work?
To Some degree, perhaps. But if there is even a slim possibility that someone could turn $1.75 into $100,000. then there will always be more investors to fill the pipeline, who are active and willing to process each and every payment. There is no support, so if someone decides to not pay, then you are out of luck. There are so many other issues to be critical of that it is hard to support such a system. On first blush it sounds great, but as always “you don’t get money for nothing.” The system is geared for people who can afford to waste a lot of time or people who can generate and manage a large team. With no training, or even products to sell the whole thing seems highly dubious at best.
If your main question is whether or not Feeder Matrix is a scam, then you might be tempted to get caught up in the whole thing. Or some other similar type of MLM Pyramid scheme. The real issue is whether it is worth your time in the first place. If you are in the business of recruiting, why not promote something that is real and not a waste of time, rather than just another “pie in the sky” program.
I could go on. And on. There are plenty of more extensive reviews about this program and you would be wise to read a few of them before you are willing to jump in. But if you are looking for something real and worthwhile, with extensive training and support, I would suggest investigating Wealthy Affiliate University. You can join for free and look around and see if it is something that it is something that would be a good fit. You can even build 2 free sites here:
If you have joined Feeder Matrix and it has worked for you, I’d like to hear about it. If you have any other comments or questions, let me know.