Bob Wooden reboots Nexxus College


BizNet School operates within the cryptocurrency MLM area of interest.

Bob Wooden (aka Robert Wooden) is cited as CEO on BizNet School’s web site.

Wooden (proper) first appeared on BehindMLM’s radar because the President of CloudZow in 2012. In 2013 Wooden reappeared as Chief Technical Officer of Zazzed.

In 2015 Wooden transitioned to cryptocurrency as CEO of International Forex Reserve.

International Forex Reserve, or GCR, was an MLM crypto mining scheme constructed round its GCR shitcoin.

GCR was going by GCR Advertising and marketing when it collapsed in January 2016. Nexxus College was introduced as a stand-alone MLM alternative shortly thereafter.

Nexxus College was an MLM pyramid scheme tied to the sale of unaccredited cryptocurrency programs. Nexxus College affiliate membership additionally offered entry to Nexxus Coin, one other shitcoin that went nowhere.

Whereas Nexxus College’s web site continues to be up, the MLM alternative collapsed years in the past. This brings us to BizNet School.

BizNet School advertising and marketing paperwork counsel it’s a reboot of Nexxus College.

BizNet School’s web site area (“biznet.school”), was registered on Could thirtieth, 2023. The personal registration was final up to date on Could twenty sixth, 2024.

BizNet School doesn’t present a company deal with on its web site, nevertheless from its Insurance policies and Procedures;

The legal guidelines of Texas shall govern all different issues regarding or arising from the Settlement.

However the foregoing, and the arbitration provision on this Settlement, residents of the State of Louisiana shall be entitled to carry an motion in opposition to BIZNET of their house discussion board and pursuant to Louisiana regulation.

Learn on for a full evaluate of BizNet School’s MLM alternative.

BizNet School’s Merchandise

BizNet School markets numerous cryptocurrency programs:

  • Enlightenment Courtroom – $10 a month for “an introductory court docket offering a primary overview”
  • Historical past of Cash Course – $20 a month to “study cash vs. foreign money, stolen wealth [and] monetary bondage”
  • All Courtroom Bundle – $40 a month so as to add “the bitcoin resolution” and “understanding cryptocurrency”
  • All Programs Plus CCS Certification Examination – $80 a month so as to add “licensed cryptocurrency specialist examination and certification”

BizNet School’s Compensation Plan

BizNet School associates enroll and pay ongoing month-to-month membership charges.

  • $50 Enrollment Package deal after which $10 a month
  • $100 Enrollment Package deal after which $20 a month
  • $130 Premium Enrollment Package deal after which $40 a month
  • $180 Premium Enrollment Package deal after which $80 a month

BizNet’s compensation plan pays out on recruitment of associates who do the identical.

Recruitment Commissions

BizNet School pays recruitment commissions by way of a 3×5 matrix.

A 3×5 matrix locations an affiliate on the high of a matrix with three positions instantly beneath them:

These three positions make up up the primary degree of the matrix. The second degree of the matrix is generated by splitting these positions into one other three positions every (9 positions).

Ranges three to 5 of the matrix are generated in the identical method, with every new degree housing 3 times as many positions because the earlier degree.

Positions within the matrix are crammed by way of direct and oblique recruitment of BizNet School associates.

Recruitment commissions are paid per place crammed as follows:

  • degree 1 (3 positions to fill) – $25 per affiliate recruited
  • degree 2 (9 positions to fill) – $10 per affiliate recruited
  • degree 3 (27 positions to fill) – $5 per affiliate recruited
  • degree 4 (81 positions to fill) – $5 per affiliate recruited
  • degree 5 (243 positions to fill) – $5 per affiliate recruited

Residual Recruitment Commissions

BizNet School pays residual recruitment commissions by way of a 3×7 matrix.

A 3×7 matrix expands on a 3×5 matrix by including two further ranges (see “Recruitment Commissions” above for matrix construction clarification).

Every BizNet School affiliate membership tier corresponds with its personal matrix tier. These tiers are unlocked based mostly on how a lot a BizNet School affiliate pays in charges every month.

  • $50 Enrollment Package deal after which $10 a month = 10% on degree 1, 20% on degree 2, 5% on ranges 3 to six and 10% on degree 7
  • $100 Enrollment Package deal after which $20 a month = 5% on ranges 1 to six and 10% on degree 7
  • $130 Premium Enrollment Package deal after which $40 a month = 5% on ranges 1 to six and 10% on degree 7
  • $180 Premium Enrollment Package deal after which $80 a month = 5% on ranges 1 to six and 10% on degree 7

Matching Bonus

BizNet School pays a Matching Bonus on recruitment commissions paid to downline associates by way of what seems to be an odd 15×5 matrix construction (new ranges multiplied by three as an alternative of fifteen).

This matrix is crammed solely by personally recruited associates paying $20 a month or greater:

  • degree 1 – recruit three associates to unlock and obtain a ten% match
  • degree 2 – recruit six associates to unlock and obtain a 15% match
  • degree 3 – recruit 9 associates to unlock and obtain a 20% match
  • degree 4 – recruit twelve associates to unlock and obtain a 25% match
  • degree 5 – recruit fifteen associates to unlock and obtain a 30% match

Associate Program

BizNet School associates who generate a downline of 5 thousand fee-paying associates (max 1700 from anyone recruitment leg), qualify as a “Area Advisory Board Member”.

Area Advisory Board Members obtain a share in 10% of BizNet School’s month-to-month company-wide income.

Becoming a member of BizNet School

BizNet School affiliate membership prices $50 to $180:

  • $50 Enrollment Package deal after which $10 a month
  • $100 Enrollment Package deal after which $20 a month
  • $130 Premium Enrollment Package deal after which $40 a month
  • $180 Premium Enrollment Package deal after which $80 a month

From BizNet School’s web site;

Enrollment Package deal contains Private Dreamboard, Refer-A-Good friend System, Dream Tracker, Private Growth, Wealth Builder, Management Treasure Chest, 3×7 Affiliate Crew.

Premium Enrollment Package deal contains the Common Enrollment Package deal plus a Complete Library of Motivational and Management Audio Books and eBooks.

BizNet School Conclusion

On its web site BizNet School markets itself as a “member-driven co-operative group devoted to enhancing the way in which cash and the world works!”

“Member-driven” is essential right here, as BizNet School is one more retail absent pyramid scheme from Bob Wooden.

Whereas BizNet School associates can promote the corporate’s crypto training programs to retail prospects, no commissions are generated as per BizNet School’s compensation plan.

BizNet School’s compensation plan solely pays out on recruitment, making it a clear-cut MLM pyramid scheme.

On BizNet’s School’s crypto programs, Wooden has been promoting the programs or slight variations since no less than 2016 by way of Nexxus College.

We’ve seen the mannequin fail, primarily as a result of paying for crypto programs written by who is aware of who didn’t make sense in 2016 – and doesn’t make sense in 2025.

Shedding cash by way of scams to scammers is just about all retail crypto is nice for. And all that’s modified over the previous ten years it the advertising and marketing ruse this occurs by way of.

Crypto mining, crypto buying and selling, NFTs, AI and so on. At this time retail crypto might be summed up as memecoin Ponzi factories brazenly committing monetary fraud, beneath the ruse of unregistered playing.

No have to pay a whole lot of {dollars} or month-to-month charges, I’ve summed up all you want to find out about retail crypto for gratis.

Additionally I wasn’t eager on Nexxus College utilizing the time period “college” when it wasn’t…

I’ve obtained nothing in opposition to folks educating themselves on cryptocurrency, however an unaccredited “training course” offered by an organization with the phrase “college” in its title is fairly deceptive.

…and the identical is true of BizNet School utilizing the time period “school”.

These are intentionally misleading naming ploys. Nexxus College isn’t a college, and BizNet School isn’t a university.

As with all MLM pyramid schemes, as soon as affiliate recruitment inevitably dries up so too will commissions.

It will see these on the backside of the pyramid scheme cease paying month-to-month charges. This in flip will see these above them cease getting paid.

Until new suckers are rapidly discovered, finally these associates additionally cease paying month-to-month charges.

When sufficient BizNet School associates cease paying month-to-month charges, an irreversible collapse is triggered.

BizNet School’s web site visitors declined from lower than a thousand month-to-month visits in November 2024, to visitors to low for SimilarWeb to trace as of January 2025.

For any MLM firm this isn’t sustainable, so there’s a great likelihood BizNet School has already collapsed.