I got here throughout Jaa Life-style as a part of my analysis into Life-style Advertising Group.
I discovered it odd that Life-style Advertising Teams’ CEO Shain Hymon seemed to be heading up two firms concurrently.
Not wanting issues to get difficult, I printed our Life-style Advertising Group assessment and marked Jaa Life-style for a separate look.
I initially thought Jaa Life-style launched after Life-style Advertising Group.
Upon researching Jaa Life-style although, I discovered proof the corporate began off as a securities fraud providing:
Jaa Life-style appears to have launched on or round mid Could. Whether or not the unlawful unregistered securities providing remains to be a part of the chance I can’t say.
I didn’t come throughout it within the compensation plan materials I used as supply materials for this assessment.
Life-style Advertising Group’s web site area was registered in April 2019. The corporate went into delicate launch on June 1st 2020.
Eight days afterward June eighth a “transforming” was introduced:
JUNE 8, 2020
Vital Updates & Adjustments Transferring Ahead
LMG is Transforming our firm to make sure a profitable launch and long run success transferring ahead.
In the course of the transforming interval LMG won’t be accepting any new members. This implies the share hyperlinks should not accessible till additional discover.
Life-style Advertising Group’s web site remains to be up, so who is aware of what’s occurring there.
Jaa Life-style seems to be run in tandem with Life-style Advertising Group. If one firm is meant to interchange the opposite it’s not made specifically clear.
In any even the one govt tied to Jaa Life-style is Shain Hymon. He seems to be behind each firms.
Learn on for a full assessment of Jaa Life-style’s MLM alternative.
Jaa Life-style’s Merchandise
Jaa Life-style has no retailable services or products, with associates solely in a position to market Jaa Life-style affiliate membership itself.
Jaa Life-style affiliate membership offers entry to journal subscriptions.
Supposedly Jaa Life-style is providing subscriptions to fifty magazines. Clearly they aren’t publishing the magazines themselves.
Notice that whereas the above official advertising slide states “2019”, I consider that’s a typo.
No details about the journal subs is supplied on Jaa Life-style’s web site.
Jaa Life-style’s Compensation Plan
Jaa Life-style’s compensation plan revolves round signing up as an affiliate, paying charges and recruiting others who do the identical.
For each €200 EUR earned in commissions, Jaa Life-style associates obtain a brand new earnings place (journal subscription).
Residual Commissions
Jaa Life-style pays residual fee by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel staff, with each personally recruited affiliate positioned immediately below them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Jaa Life-style caps payable unilevel staff ranges at seven.
Residual commissions are paid out throughout these seven ranges based mostly on affiliate charges paid.
€35 EUR a month subscription
- degree 1 (personally recruited associates) – €1 EUR a month
- ranges 2 to six – €1 EUR a month
- degree 7 – €2 EUR a month
Starter Package deal (€150 EUR yearly)
- degree 1 – €15 EUR
- ranges 2 to 7 – €5 EUR
Lease To Personal
Jaa Life-style withholds 50% of paid commissions for the Lease To Personal program.
The Lease To Personal program sees Jaa Life-style purchase a “property, automobile, bike, boat, airplane, and many others.” and “lease” it again to an affiliate.
The lease is paid by the 50% withheld fee.
To qualify for the Lease To Personal program, a Jaa Life-style affiliate should
- recruit ten associates who join an annual subscription; or
- recruit 5 associates who join an annual subscription inside 72 hours of signing up your self.
Becoming a member of Jaa Life-style
Jaa Life-style affiliate membership seems to be free.
Commissions are tied to €35 EUR month-to-month journal subscriptions or €150 EUR yearly.
Conclusion
Regardless of beginning with an unlawful digital shares opp, the present Jaa Life-style iteration seems to have been borne out of Life-style Advertising Teams’ failure.
In essence each are pyramid schemes, nevertheless Jaa Life-style’s providing is probably extra financially harmful.
Each Jaa Life-style and Life-style Advertising Group function with the same old pyramid scheme caveats; that’s if you happen to get entangled you’re greater than prone to fall into the bulk who lose cash.
The place Jaa Life-style differentiates itself is with its Lease To Personal program.
For starters, the place is the corporate getting cash to buy property, boats and even planes from? And as an affiliate, having an organization lease a serious buy in your behalf after which purchase it again from them… what occurs in case your commissions tank?
Is Jaa Life-style going to take the monetary hit? Will associates be saddled with debt? And with single qualification standards, are there any limits?
If I recruit ten associates who join the annual sub that’s €1500 EUR in income era, minus commissions paid out. So let’s say I wish to lease a €500,000 property.
Then I do nothing, any my commissions are €0. Who’s footing the invoice?
I get that I’m asking a number of questions right here however actually none of that is defined on Jaa Life-style’s web site or in its advertising materials.
The entire Least To Personal program feels poorly although out. Not withstanding the monetary devastation it will possibly trigger, assuming it features as marketed – which I’m definitely positive it doesn’t.
All in all even with out the problematic Lease To Personal scheme and “are they or aren’t they” securities fraud, Jaa Life-style is a pyramid scheme.
Math ensures the vast majority of individuals lose cash. With Jaa Life-style, you’ve the potential to lose much more cash than you pay in your self.
Replace twenty ninth August 2021 – Jaa Life-style has morphed right into a “watch adverts” cryptocurrency Ponzi scheme.