10xFactory.com Reviews

10xFactory.com
Based on 17  Reviews



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About 10xFactory.com

10xFactory.com describes themselves as “the #1 Slack Channel for world class entrepreneurs” who are looking for help and guidance in growing their company up to 10 times its current size.

How Does It Work?

According to their website, most business owners understand that who you know really is one of the most important aspects of making sure your business is successful. Knowing the right people can help business owners save a lot of time and money when it comes to important decision making.

10xFactory.com wants to give all business owners the opportunity to “know the right people” by creating a Slack.com channel that is made up of all business owners, many of whom are the most successful in their respective fields. 

Business owners that fill out an application describing the current state of their business and their immediate business goals can be admitted to this organization, where they will have the ability to speak to successful business owners all over the world regarding the most important business decisions they will make. 

Their website says that their group can help you figure out how raise money, get distribution, manage your cash flow, and hire the right people, as well as keeping you focused on the most important priorities that will really help your business. 

Mobile Options

Currently Slack mobile applications can be downloaded on the iOS and Android platforms, so that people will still have access to their channel while on the go. 

Cost/Price Plans

This website offers no information whatsoever when it comes to costs of this organization. They do not say if they have membership fees, registration fees, entrance fees – nothing. Unfortunately this does not mean that they do not charge their members fees. Instead, it likely means that they will not bring up the issue of fees or payments until after they have reviewed your application and officially accepted you into their organization.

Refund Policy

Because this company does not offer any information whatsoever regarding costs or fees for this organization, they also do not provide any kind of a Refund Policy nor do they have any kind of a published Terms and Conditions. 

Customers who do get accepted to this group should be very careful if anything is brought up about fees or payments; they should get as much information as possible regarding official policies in regards to refunds and cancellations before they commit to any kind of a payment.     

Customer Service Contact Info

Customers who would like to contact their Customer Service team with questions, concerns, or complaints can do so by submitting them directly to their website through their Contact Us link.

Reputation

Interestingly, there is almost no information available on 10xFactory.com anywhere on the internet. Considering that one of the requirements of their company is that you keep everything you learn from 10x Factory secret and confidential, this may not be that surprising. 

But this is an issue for people who are considering joining this group because the reality is that you just have no way of knowing what you are getting into. The website claims that they thousands of applications submitted each week, but they don’t even seem to have been mentioned in online business forums.

There is also no information whatsoever about what membership to this group might cost, or if they have any kind of sales component to their channel. 

The bottom line seems to be that with so little information available about this company, it is certainly hard to recommend them to new members.  

Competitors and Alternatives?

There are many other groups and programs composed of entrepreneurs and with the goal of helping other business owners meet their professional objectives, so if you feel as though this company is not right for your needs – or if you are not actually accepted – there are many other options available to you. 

If you have any experience with this company or their products, please leave your 10xFactory.com reviews below.

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17 ‘10xFactory.com’ Reviews
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2 Reviews

Would Not Recommend to Anyone



August28, 2017

Promises a TON, but fails to deliver. I have joined but all the '7 digit, 8 digit, and even 9 digit' entrepreneurs were hardly to be found. The 2 or 3 people they post on their page are pretty much all they have in the group - the rest are making 5 to 6 income figures which is below what I'm earning now, or you are just unable to connect with them. I have messaged and tried to connect with 8 different '8 digit income entrepreneurs', but have received no message or acceptance back. As a 7 digit earner, I would think there would be some sort of mutual respect and correspondence, but no such thing.

There is no support if you have any issues as well, and when the site is down or certain aspects of the page aren't working, you have no one to turn to. You would think with the 'money they are making', they would have a functional website.

Highly dissatisfied and would not recommend to anyone. They should really restructure and/or change the layout of their business if they want to see the success here the way they claim.

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September 13, 2017

I am a member of the 10xFactory and I suspect that this review was from a person not familiar with the community. First the review mentions website issues multiple times, but the community is completely on Slack, which is an amazing communications platform with literally no downtime. There is no website component to this group.

September 13, 2017

Hi "Steve" -- your review is very suspect.

First off, our membership is hosted over Slack not a website. Might want to check your facts there.

Secondly, I've contacted every "Steve" past or present that has been a member to see if they had an issue or they made this post. This was not the case. We work with our members to gain feedback and constantly improve. However, from your note it doesn't sound like you were a member.

Also, I am aware that sometimes we upset people because we vet our community. We have members that we turn down for several reasons, including sometimes a personality fit. We also sometimes refund & revoke membership from members that detract from the community.

Our community is about building a healthy, thriving community not just focusing on one person -- and you definitely get what you give. But, what you get is amazing access to incredible subject matter experts & people that have built massive businesses.

In terms of the communities, we have two.

We have 10X Factory which is exclusively for founders above 7-figures. Our 10X Factory members also have access to what is our 10X Accelerator community to act as mentors or just to learn from subject matter experts in very specific fields such as Facebook, SEO, sales, etc. They find it as a good place to learn but also sometimes to hire an expert in their field.

Over 90% of our 10X Factory members elect to be a part of 10X Accelerator.

Even still, 10X Accelerator is for serious entrepreneurs with existing businesses (no want-a-prenuers), but for people that haven't hit 7-figures yet.

We have several high quality members in 10X Accelerator that are well on their way and provide a ton of value, including world-class copywriter writers, nearly 7-figure ecommerce businesses and early stage, funded SaaS businesses.

At the time of this note, the community itself has 550+ entreprenuers, 160+ doing over 7-figures, and a few 9-figure founders including one of the co-founders of 10x who is one of the most engaged members in this community.

Our members represent some of the largest SaaS, tech, agencies, services, consulting & eCommerce businesses in existence today. If you were "actually" a member, which I doubt based on your lack of knowledge about how it works, we have a community manager who would have helped you make appropriate introductions & get engaged. You could have watched some of training videos us & our community has put together. And you could have joined one of our weekly hotseat where we help solve someone #1 business challenge. You could have even participated in our mastermind buddies, where you get connected with someone new from the community each week.

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