Tonight, I want to go over what a free membership is and what an entrepreneur is on PeopleString. This is according to my own understanding from what I have experienced as a free member and what I have read about. I am considering the entrepreneur program as an option right now.
Free Membership - PeopleString is great for someone who wants a portal to their social networking sites, IM applications, google searches, online shopping and more. You can earn money through search/ad revenue, rebates, referrals, and offers in the People Dollars section. As a free member, you receive 5% of all of your direct referrals' earnings and 2% of everything from levels 2 through 6 (what your direct referrals' referrals earn). Free members get paid once a month. In order to receive payment, you must have earned at least $25.
Entrepreneur Program - For a limited time (the time limit is set by a number of entrepreneurs to hit rather than a specific date), PeopleString users are given the option to upgrade from being a free member to being an entrepreneur. Entrepreneurs are just like the free members except they are looking to build their membership into more of a business. They have upgraded communication features and benefits that are not available to free members. An entrepreneur may or may not use the site more than a free member but they will see more earnings due to the percentage difference that they make on their referrals and the tools and information provided to them. Also, entrepreneurs help the free members learn and earn, which also leads to more earnings for the entrepreneur.
Entrepreneurs receive 20% from their direct referrals' earnings and 6% from levels 2 through 6 (what their direct referrals' referrals earn); however, if they have any referrals that signed up under them before they upgraded to become an entrepreneur, they will always earn what free members earn on those specific referrals (5% and 2% rather than 20% and 6%)! The cost to upgrade is $200 and it covers two years. There are no monthly fees. Entrepreneurs get paid every two weeks. In order to receive payment, you must have earned at least $25.
The $200 upgrade seems worth it to me because it works out to be about $8.33 a month. It should be easy to make that back every month and then some. Just think about all the things you spend money on in any given month. This is an investment!
**Update: This option is no longer available. You can still join today as a free member!
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