Magnises can come off as a strange name, but the reality if Magnises is that it’s a name that is made up. The name doesn’t mean anything in particular at the moment, but Billy is doing a great job of giving it a definition.
The truth behind Magnises is that it’s a private club with a public mission. That mission is to get people connected from all walks of life, and to encourage a social life that will have a dramatic impact on those individuals from all walks of life.
McFarland wasn’t looking for anything in particular when he created the concept for Magnises. As a collage dropout, McFarland was the least likely candidate to produce something innovative and life-changing.
He proved the world wrong, and he has impacted thousands of young professionals with this private club by bringing people together while giving them amazing benefits.
The membership for the club is $250 per year, and when the card was launched in 2014, he quickly acquired nearly 6,000 members. Later in 2015, the membership grew to 10,000.
That number was impressive to Billy McFarland, but he still wasn’t sure if he would be able to get the right businesses to partner with him to create the absolute best benefits of any membership in existence.
Those who came on staff with McFarland have also said that the goal behind the membership isn’t to encourage young professionals to act as though they are better than others who may not have that membership.
The overall goal is to be social and have fun, while giving these millennials a taste of the finer things in life. Benefits give members discounts at many upscale bars, restaurants and clubs in major cities like New York City and Washington D.C.
The membership is in the process of expansion into other cities like Atlanta, Los Angeles, and even London is on the list. Magnises is no doubt growing rapidly, and McFarland is continuing to find ways to improve upon the membership and make it even better than it is right now.
Entertainers have caught wind of the private club and what their up to and are seeking to partner with Magnises to help create a social network offline that is second to none.
According to The Guardian, Billy McFarland founded Magnises in 2013, but the membership card for the club was not live until March of 2014. The card is made of metal, and can be linked to a bank account through a debit card or even a credit card. This makes it easier for members to carry just one card that taps into all of the awesome benefits it has to offer.