Internet Lifestyle Network (ILN Review)

Coursework, support and community: these elements are common for most business people. They're common and necessary. People go to school, form a network of pals that will serve them the rest of their careers, and entire businesses are developed this way.

Sadly, for internet entrepreneurs it's not quite that easy. There's really no “school” for what we do, it's hard to trust anyone, and even harder to get help when you need it.

So, to fill that void, along comes Internet Lifestyle Network. Offering everything the lone business man or woman lacks in their professional careers, ILN serves it up, easy to digest and sometimes even exciting formats designed to keep entrepreneurs motivated, focused, and on the path to success.

That's what they'd have us believe, anyway.

Is There Value?

Is it real? Does ILN offer anything useful to its members? What exactly do they offer, again? Here's an in-depth look at the company, should you ever decide it's time to join…you can decide for yourself whether there's value. These are just the facts.

The history behind the origins of ILN has been quite up and down in their short existence, but now in 2015 Internet Lifestyle Network looks to turn over a new leaf and legacy with Mark Hoverson taking over as operations and production manager.

The Facts About Internet Lifestyle Network

First, you'll want to know how much it is

$19.95 per month. Not bad. That gets you in and able to participate in the Internet Lifestyle Network Compensation Plan.

Customers pay $37 per month, no involvement in the compensation plan.

Second, you'll want to know what you get for your monthly fee.

• blogging platform (WordPress)
• ILN University: advanced courses in social media marketing, blogging, entrepreneurial training, personal development (i.e. “coaching” or “mentoring”)
• ILN Private Vacation Club: deals for members

Third, you'll want to know how much $$$$$$ you can make.

First, do this:

• sell memberships
• build teams
• train/mentor your teams
• encourage enrollment in high ticket items

The Money Chart:

• earn commissions on 4 levels down (50% for the first level, 10% for the rest)
• commissions are on membership fees and sales in your downline
• high-ticket items to sell: Solomon CEO and Solomon$10,000,000+
• HUGE high-ticket item: Private Vacation Club

To sell the high-ticket items, you have to buy them first. At $995 and $4995, it's an investment. You'll make 50%. There's a way to get both items for just $995, which is to get Speed Wealth Executive Membership (which costs $995, then $250 per month for 4 years…ouch). If you're on a roll with your sales/enrollments, go for it.

The Private Vacation Club costs $12,000). They say it pays for itself, but you be the judge: $6000 commissions for selling it to someone (if you're at Speed Wealth Executive Membership level) and $1200 if someone on your team sells it. You also get 50%-90% discount on Travelocity and Expedia rates.

Fourth, you'll want to know if the company will survive (i.e. who's behind all this?)

In four words: too soon to tell. Internet Lifestyle Network is just making it to the two-year mark in business. Mark Hoverson, co-founder, seems to be the training leader. His credentials are:

• had $36K in credit card debt (is that a plus? ILN seems to think so)
• generated an 8-figure income online from home (proof?)

Clifton Hatfield, President and Co Founder, has the following credentials:

• US Army in 2004
• built websites
• created apps

OK…well these guys are young. They haven't had time yet to establish themselves in the business world. It sure would instill more confidence if they had a seasoned CEO at the helm…especially when you're considering giving them $12,000 for a vacation club membership!

Finally, you'll want to decide for yourself.

While Mr. Hatfield and Mr. Hoverson may have some successes under their young wings, they are unproven in the business world. Not only that, but the ILN is pretty new, too. Plus, there's some tough competition out there for business coaching. Besides, a blogging platform isn't that much of a product. WordPress is free and easy to use without help from a “coach”.

With nothing to grab onto for reassurance that the company will succeed, a questionable product (blogging platform), and unproven coaching quality, it may be difficult for some of the more wary amongst us to commit. Let's give it some time and see if the well-written promises of ILN pan out. If they do, this could be a great company.