Investing

Is the “Ultimate Retirement Loophole” a Scam by Joe Schriefer – EXPOSED

Ultimate Retirement Loophole Scam

Is Ultimate Retirement Loophole a scam?

The “Ultimate Retirement Loophole” is supposedly some incredible new investment opportunity that anyone can make an extra $2000 per month with, bare minimum, with just a few simple clicks of a mouse. But is it really all that it claims to be?? OF COURSE NOT… Which is why I am writing this review here and now.

I in guessing that you were suspicious of the get-rich-quick and easy sales pitch which is why you are doing a little bit of extra research and reading my blog now. And it’s a good thing that you did take the extra time to do some research. If you would have bought into this following the misleading and rather deceptive sales pitch, you would likely end of discouraged and disappointed.

In this review I’ll be going over what you are really getting yourself into here in the truth of the matter at hand, which you need to know.

Ultimate Retirement Loophole Review

The sales pitch that Joe Schriefer throws at you for this new “Ultimate Retirement Loophole” is something that should make anyone suspicious. Things just seem too good to be true and when this is the case, they usually are.

He claims that you can make an extra $2000 per month, bare minimum. In fact… He claims that “with absolute certainty” this is the easiest way to make an extra $2000 per month. And what is really crazy is that he is so confident you will be able to make this much he guarantees it. However, he uses some tricky wording here and then goes on to say that him and his team guarantee you will be shown how to make an extra $2000 per month… But you aren’t actually guaranteed to make that amount.

And of course…. If you want to get in on this opportunity you have to hurry. He says that he doesn’t know how long he will be allowed to keep the video presentation up online, as if someone is after him trying to take it down. This is just good old-fashioned false scarcity… Trying to sucker people to buy in as fast as possible. But there’s no truth to this

The Sales Pitch Is Ridiculous To Say The Least

I’ve reviewed many different investment opportunities like this with ridiculous sales pitches, but this one definitely ranks at the top for one of the most ridiculous.

At one point in the video presentation Joe goes out in the neighborhood to supposedly find some kids that he can teach to use this method in just a couple minutes and make money with it. The purpose of him doing this is to show you how easy it is to make money using this incredible “loophole” method.

HOWEVER… It is pretty obvious that at least some of the video from this will scripted. For example, when he approached the father and children playing basketball you could tell that they were cameras set up ahead of time to capture everything…

But anyways… Joe had the one young kid type in the ticker symbol DIS, for Disney, into his online brokerage account simply because he liked it Disney movies. He then had him set a “sell to open” order and the kid made it $777.22 in just a few minutes by clicking the mouse a few times.

Super simple right? Can it really be as simple as you are shown?

Sounds Too Good To Be true.. Doesn’t It?

I’m sure your scam sensors were going crazy by this point. It can be that easy, can it? So easy that an eight-year-old boy can make money doing it in just a couple minutes?

The truth of the matter is that this is not nearly as easy as you are shown. There is no way that Joe would just let this kid pick a random stock in then make over $700 off of it… Just like that.

What you don’t know at this point in the video, but you may know now, is that this “loophole” that Joe keeps talking about is actually options trading. What you are doing here is trading options… Selling puts on dividend paying stocks.

The first thing that you should know is that trading options can be very risky and is certainly not something you just go out and do by picking a random stock. Second, many new brokerage places won’t even let new account owners trade options. Many of them you will have to apply to have the privileges to do such.

Risky To Say The Least

There is a reason most brokerage accounts won’t let you start trading options right away…. It can be very risky as I will discuss below.

Typical Misleading Salespitch

I’ve reviewed a fair number of investment opportunities, many of which are promoted in a very misleading and deceptive manner. The formula seems to be to create some stupid new name, such as “Ultimate Retirement Loophole”, say that it is some new secret discovery method that is going to make you rich, and of course you can’t forget to leave out that all it takes is a few clicks of the mouse.

Similar deceptive investment opportunities that I have reviewed include Freedom Checks and Kennedy Accounts.

Incredibly Misleading

Not Risky??? What a Lie

He says many times that it has “almost no risk” or “very little risk”, which simply is not true.

You or shown these people making money very easily, which is likely completely fake but could actually happen in real life, but even if it were true it would be very misleading.

You are told that this guy has somewhere around over a 96% success rate with the trades he calls, yet there is no mention of the risk or potential losses… Which could be astronomical if the trade goes against you and you are forced to purchase stock that you don’t even want and at a bad price.

You can do your own research on options trading if you want to, which I do suggest, and you will find that this is certainly not risk-free as you are led to believe.

You Don’t “Just Click a Few Buttons”

He makes everything seem so simple… Just click your mouse a few times and that is that. But of course it is not this simple. I mean I guess it could be close to being this simple if you would blindly follow his advice, but this is something I would not suggest.

Not a Loophole

There is nothing about this method that is a “loophole”. Options trading has been around for a while and from what I have found, what you are doing here is just normal options trading… Certainly no loophole involved.

This is just a little marketing stunt to try to make the opportunity sound better than it really is.

You Get a Free Laptop???

If you were able to sit through the painstakingly long video presentation then you would have also heard that you supposedly get a free laptop with this opportunity. How can they possibly just give out free laptop like this?

Well… The truth is that this laptop is not really free. You are paying for it and in a bit I will explain why.

This is the same marketing tactic that the “1 Minute Windfalls” opportunity used that I reviewed in the past… another ridiculously misleading investment opportunity.

What You Are Really Getting Into Here

The entire salespitch for this “Ultimate Retirement Loophole” is just a big lure to get you to buy into the financial newsletter called Income On Demand, which is edited by a guy named Zachary Scheidt and published by the Agora Financial company, which is well known for ridiculous marketing tactics such as this.

But as for the financial newsletter itself, I would not call it a scam. I I have reviewed some of Zachary Scheidt’s newsletters in the past and he seems to know what he is doing Ian does have a decent track record.

But anyways…the point of this all is to get you to subscribe to the newsletter which of course is going to show you how to capitalize on this incredible “Ultimate Retirement Loophole” opportunity.

What You Get With Your Subscription:

  • Email Alerts Each Week – Every Tuesday you will be alerted via email of new recommended positions to take.
  • 12 Monthly Issues of Income On Demand – These our in-depth issues that analyze the market and go into detail on new opportunities.
  • Starter Kit Video Series – Training videos shows you how to get started with this whole “Ultimate Retirement Loophole” thing.
  • Some special reports that you probably don’t want

The Cost

You might want to take a seat for this one… At a cost of $2000 for a one-year subscription. This is why I am telling you that you are not actually getting the laptop for free. That would be ridiculous. Instead, you are paying for the darn laptop with the extremely expensive subscription.

And you should also be aware that there is a no refund policy. They say that this is because they are sending you a laptop and because you have all you need to get a refund from the market…as in you will be able to follow along and make your money back with this method.

Or is the real reason because they don’t want to refund everyone’s money and know darn well that many people are going to be asking for a refund?

Final Thoughts – Good Opportunity?

I don’t really understand why Agora Financial’s publications always have to be marketed in such a misleading and deceptive manner. The newsletter itself seems to provide decent advice for making trades, but it is promoted in such a deceptive way that there is no way I would subscribe to it. I just don’t like how they sucker people into it.

They should present past statistics with how well this “loophole” has performed and let people buy in at their own well, without all the trickery going on.

But anyways… I hope you enjoyed my review and found it helpful. Hopefully you now have a better picture of what is really going on here and can make a better decision of where to go from here. Please share this post to help spread the truth because I am sure there are lots of people being suckered into this as you read this now.

Also, leave any comments or questions below 🙂

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Uncategorized

Is 25 Dollar 1 Up a Scam System or Good Opportunity? – What You Should Know

25 Dollar 1 Up Scam

There is this new system out called 25 Dollar 1 Up that is said to be an amazing opportunity for those looking to make money online. They say that 98% of the work is done for you in that pretty much all you have to do is plug into the system to start generating sales. But is it really as easy as you are told? Is this system as incredible as it seems? Or is this just another overhyped opportunity that is going to be a waste of your time and money? …. Is 25 Dollar 1 Up a scam?

In this review I’ll be going over what you should definitely know about this place before hand. They make it seem like it is the greatest opportunity that has ever existed on planet Earth, but the reality is that this sort of system has many downsides to it and overall I don’t really recommend these types of things. Sure… You can make money with the system as they tell you, but is it really worth it? You will see what I mean after reading this review.

25 Dollar 1 Up Review

25 Dollar 1 Up calls themselves a “digital franchise” and even compares what they are doing to what McDonald’s and other very popular franchises are doing… Except they are franchising strictly in the online space.

If you landed on the sales page for the system then you are greeted with a video presentation talking about how amazing this opportunity is. They tell you that 97% of people fail to make money online in that of course you are going to be one of the profitable 3% here today.

You are told that 98% of the work is done for you because the system and products are already in place. This is a duplicatable system and all you have to do is buy in and follow along.

But things are never as easy as they seem, are they? Especially when it comes to making money online that seem to be a heck of a lot of scams and when things seem too good to be true, they often are. Luckily for you, you went with your gut feeling and decided to do some extra research on this particular system before buying in. Something didn’t sit right with you and you just didn’t trust everything you are told. That is a good thing… Because as I said, the system is not as good as it seems.

How It Works

25 Dollar 1 Up is just another one of those systems that people buy into to make money online and then make money online by reselling the same darn system to other people.

How it works is like this… You first have to pay a $10 hosting fee. This is a one time fee and you could think of it as sort of an “admin fee” to keep the system running. Then you will have to select one of their products packages. The Gold Package is the cheapest at $25. So in total you will need at least $35 to get started. The different packages are as follows…

  • Gold package – $25
  • Platinum package – $100
  • Diamond package – $250
  • Enterprise package – $500

The Gold Package Will give you access to training, pre-made ads, a tracking system and more. This is the most basic package and all of the more expensive packages will build on the previous. For example, the Platinum Package will give you everything that the Gold Package gave you and it will also give you the ability to hook up the system to an autoresponder as well as placement of banner ads so that you can promote various other offers within the system.

Then there are the Diamond and Enterprise Packages that offer more tools and training.

But that isn’t all that these packages offer. In addition to getting access to more tools and training when you buy the more expensive packages, you also get the ability to earn larger commissions when you recruit people into the system.

You can only earn commissions on the product packages that you have the end of those that are lesser in price. So if you have a Gold Package then you will only be able to earn $25 commissions. If you are at the Gold level and recruit someone in who joins at the Diamond level then you will not earn from that sale. Since that joining at a higher level then you, the sale will get passed up to someone else who actually is a Diamond member.

The Compensation Plan

The compensation plan that the system has in place is called a “reverse 1 up” plan. The way it works is like this: you get to keep your first sale and then your second sale is passed up to the person who recruited you in, which is called your sponsor. This second sale that you get is called your “qualifying sale”. After making that sale you are then qualified and you will then receive all the other sales for yourself.

The same thing will happen with all of the people that you recruit in. All of their second sales will get passed up to you.

They make sure to tell you multiple times that this is not a MLM. However… It is very similar to a MLM. Although the compensation plan does not consist of multiple levels, it is very similar to a MLM because you keep getting sales passed up to you from your recruits’ recruits, and the people that they recruited in, and the people that they recruit in, and so on.

It is pretty much the same darn thing is a MLM without actually being a MLM. It’s tricky.

Is It Really As Easy As It Seems?

The answer is No, this is not as easy as it seems. Sure, much of the work is done for you. They tell you that 98% of the work is done for you, which might be close to being true, but still does not mean that this is going to be easy by any means.

They provide the pre-made ads, email swipes, training, the products and system are already in place… Pretty much all you have to do is focus on the marketing. All you have to do is promote the system and get people to join.

That said… This is not an easy task. I have been involved in online marketing since 2015 and I have seen numerous very similar systems come and go over the years, including Copy My Cashflow, Copy The Millionaire, Ad Copy Pros, etc. The trend with these “make money online” systems is that they are all duplicatable so that people can just join and start promoting the same system. HOWEVER, most people still fail with the systems and for good reason… It just simply is not that easy.

Much of the training is focused on using social media marketing to promote the system. Once again… Much easier said than done. Most people joining the system who do not have large social media followings are going to find it difficult and will not see many referrals coming in.

Something else worth mentioning is that there is no ability to get search engine traffic with a system like this and in my opinion search engine traffic is some of the best traffic you can possibly get.

Is This Sustainable?

As I mentioned above, I have seen many systems very similar to this come and go over the years. The reason they come and go is because they are not sustainable. They never last for all that long and this is because they do not work all that well. They run their course… Grow in popularity and then fizzle off and die.

One of the main reasons that I do not recommend systems like this is because the get people hooked on the system. They make you 100% reliant on the system to make money online and when the system disappears from the face of the earth, so does your stream of income. It is nice to be provided with a system that is already in place that you can promote, but because of this you aren’t learning to do much yourself. You might learn some basics when it comes to marketing, but the educational value provided here is lacking a lot.

Systems like this don’t provide much real value. You buy into them to make money online and then are provided with tools and training so that you can promote them to make money online. Where is the value in that? They compare themselves to McDonalds, but they do not offer anything even relatively close to the mouthwatering Big Mac that McDonald’s has become famous for.

And another reason why this business model is not sustainable is because it will likely get shut down if it grows in popularity too much and becomes too big. What I say this? Well… The FTC has been cracking down on programs like this and has recently shut down MOBE and Digital Altitude.

Final Thoughts – Not a Good Choice

Can you make money with 25 Dollar 1 Up? Absolutely… But the real question is will you make money with this system? And that is an entirely different question. You can absolutely buy into this system if you want to, I am not stopping you, but based on my experience and having seen systems like this before, plenty of times before, it is definitely not something I’ll be recommending.

This sort of system does not provide you with much value, it makes you reliant on the system, and it is a system that will likely not be around for all that long based on what I have seen with other similar systems.

If you are a beginner looking to make money online then why I would suggest is Wealthy Affiliate. Wealthy Affiliate is an online business training program that actually teaches you how to start your own profitable and sustainable online business, one that isn’t reliant on a single system. This is actually the same place I got started with back in 2015 when I first started looking for ways to make money online and I am now making a living working online… Which goes to show that it does work.

But anyways… For more information you can click the button below to read my full review.

Questions or comments? Please leave them below and I’ll get back to you as soon as I can 🙂

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Paid Survey Sites

Panel Place Review – Worth Your Time or Scam?

Panel Place Review

Panel Place claims to be a website where you can find opportunities to earn money online, but what exactly is meant by this? Is Panel Place a website that is going to be bringing you amazing income opportunities or is this just going to be a waste of time and something that you should be avoiding? Is this all just a scam?

These are all important questions that should be answered before joining a website like this. In this review I will be going over all that you need to know. I’ll cover what exactly this place is, how it works, whether or not it is a scam and worth your time, and more.

What Is Panel Place?

When you land on the PanelPlace website you may think that it is just a normal paid survey site. You know, the sites where you take short online surveys and get paid, usually in the form of points which you are then able to redeem for cash or gift cards. However, this place is not a normal survey site and is different.

Basically this place is just a directory that sends you off to other websites, mainly paid survey sites, where you can earn money online. You could think of them as a middleman in a way. This place is not directly provide you with earning opportunities but rather provide you with a list of different sites that have earning opportunities which you can join.

How It Works

What you will do on PanelPlace it’s fill out some basic profile information in order for them to match you up with earning opportunities. This information includes the following:

  • Name
  • Your country
  • Your city
  • Date of birth
  • Gender

And that is it. Fill that out, confirm your email, and they match you up with a bunch of different sites. The websites that I was matched up with are as follows…

  • Point Club Surveys – Paid survey site
  • Zippy Opinion – Paid suvey site
  • Preply – Paid online tutoring site
  • One Opinion – Paid survey site
  • PollPass – Paid to chat with a bot (answer questions, similar to paid survey sites)
  • PineCone Research Panel – Paid survey site
  • Global Test Market – Paid survey site
  • and others…

This is literally all this website does. You fill out some basic information and they provide you with a list of websites, mostly paid survey websites, that you can join to make money online.

But there are hundreds of different paid survey websites out there and are these ones really any good? Are these ones worth your time?

Are These Sites You Are Referred To Any Good?

Well… This all depends on what type of income opportunity you are actually looking for. The bottom line is that with paid survey websites like this you will be making very little money, which is why I usually recommend paid survey sites for people looking to earn some extra pocket change in their spare time.

Some people like paid survey websites because they can take surveys and earn a little bit of extra money in their spare time, such as on their lunch break or whenever, but most people see them as more of a waste of time than anything.

I I am not familiar with all of the different paid survey websites that Panel Place referred me to, but I am familiar with a bunch of them, such as Point Club, One Opinion, PineCone Research, and Global Test Market.

These are all your pretty typical paid survey websites in are all fairly popular. Generally speaking you can expect to earn anywhere from $0.50 to $2 per survey that you completely and these usually take between 10 to 25 minutes. Nothing out of the ordinary here.

Besides the low earning potential, another downside to the recommendations you are given is that they don’t recommend any GPT sites, or Get Paid To sites which will pay you to do a multitude of different things. GPT sites often pay people for doing things like signing up for websites, signing up for free trials, searching the web, playing games, and of course taking surveys. FusionCash is a good GPT site if you are interested (they have a $5 signup bonus right now just for signing up).

Is PanelPlace Worth Your Time?

So is Panel Place Panel Place even worth your time?

Well it’s think about that for a second… This site just provide you a list of other sites that you can join to make money online. Or the sites really that special? Did this place actually match you up with opportunities that are particularly good for you? Or would it be just as easy to find these opportunities looking around on Google for yourself?

Good Opportunities Specific to You?

The fact of the matter is that Panel Place does not provide you with the best opportunities for you. I mean how could they even? All they did was have you fill out some very basic profile information. So how could they possibly match you up with the best opportunities off of the limited information that they have?

The answer is that they can’t. The list they provide you with is generic.

That said, you are able to fill out your profile in much more detail inside the members area of Panel Place. You are able to fill out information about your household, lifestyle, career, and so more personal stuff. I just don’t get why they don’t make you do this initially. If they did they would potentially match you up with better opportunities from the get-go.

Do They Make Things Easy For You?

It would be nice if a site like this that refers you to a bunch of other sites would make things easy on you when signing up for these other sites. But unfortunately they do not. It would be nice if the profile information filled out at Panel Place was transferred over to the other sites to make the sign up process go a lot faster but this does not happen.

So does this place make things easier on you? Not really.

What I Like About Panel Place

Well honestly there really isn’t too much to like. I have seen plenty of other sites like this that just refer you to other survey sites, but I will say that I like this one more than most.

The reason is because they actually provide truthful information and do not trick people into joining these other paid survey websites. Most of the other similar sites out there somewhat mislead people into joining paid survey websites, as does Survey Money Machines that I recently reviewed. They will feature exaggerated income claims and overall just make people think that the opportunities are better than they really are.

Panel Place keeps things realistic. They don’t tell you that you can make $2000 a month or up to $100 per survey, or any such unrealistic claims. This I like.

What Is The Point of A Site Like This?

You might be wondering what the heck the point of Panel Place is in the first place. I mean this site has to make money to stay in business right? So how are they making money if they aren’t actually providing you with the surveys in getting paid from the companies they are conducting market research for?

You might or might not know this, but survey sites have referral programs that pay people to refer people to join. This is how sites like Panel Place make their money. When you join any of the websites that they recommend, they get paid.

That is why, like I said, most of the websites similar to Panel Place mislead people into joining with exaggerated income claims. This is because they want as many people to join as possible so that they can make as much money as possible.

There is nothing wrong with earning money from referring others, it is just that when it is done in a deceitful way, that is one is wrong. But there is nothing wrong with the way Panel Place goes about it.

Final Thoughts

Okay… so Panel Place is what you could call a referral survey site. They do not provide survey opportunities themselves, but rather refer you to sites that do and earn money in the process.

This referral website could potentially benefit you a little bit if you fill out your profile completely, because then it might match you up with some opportunities that are good specificly to you, but overall I really don’t see much value in using a website like this. I just see them as unnecessary.

Skip the middleman and go straight to the source. This will save you time.

Something Else You Might Be Interested In

Since you are looking to make money online in your spare time you might be more interested in how I make a living working online. What’s nice is I can work on my own schedule, just as you can with paid survey websites, but the earning potential is much greater. I earn a heck of a lot more than I ever could taking surveys online. I’m not going to get into it here, but if interested you can click the button below to learn more about into learn how beginners can get started…

Questions or comments? Please leave them below and I will get back to you as soon as I can 🙂

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MLM's

Is Damsel In Defense a Scam? – What You Should Know

is Damsel In Defense a scam

Damsel In Defense is said to offer an amazing business opportunity and is in business for a great cause, but are things really as they seem? Should you join this business opportunity for the purposes of women’s empowerment, safety and protection? And of course to make money? Or is Damsel In Defense a scam that you should avoid?

In this review I will be going over how this company operates and what you definitely should know before hand… Which most people out there probably are not going to tell you.

Damsel In Defense Review

Damsel In Defense, or DID as I will be referring to them for short, was founded in 2011 and is out to make the world a better and safer place for women. They sell an array of self defense products ranging from stun guns to concealed carry purses. The products sold are all about self defense. On the website they state that one in every five women is a rape survivor and they hope to change this by getting as many people to join the business as possible and getting these self defense weapons, or tools as they call them, in the hands of as many women as possible.

It is also worth noting that DID donates to the Women’s and Children’s Alliance, Wipe Every Tear, RAINN, and others, which I see as a great deed. They have even went as far as to creating safe houses in India and Cambodia that are used to help rescue girls from sex trafficking.

Overall I like what I see when it comes to their mission and vision. They are doing great things and I can see why so many women are joining the business opportunity… However, there is a major flaw that I will discuss shortly that you should definitely know of.

The Products

I’m not really going to talk much about the products here, but it will discuss them briefly.

As mentioned, DID is all about selling self defense products. These products range from stun guns, to striking tools, to tactical pens, to concealed carry purses and bags, and they even have digital protection tools to protect your identity, computer, and to monitor your social media.

I haven’t actually bought any of their products and test them out, so I cannot say from my personal experience whether they are any good or not. However, they appear to be quality products and I do not see people complaining about the products themselves, so I trust that they do work as intended.

Does The Business Opportunity Really Empower Women?

On the homepage of their website they state that one out of every five women is a survivor of rape in that you can help stop it by joining the business. Makes perfect sense… The more people to join, the more products are sold, in the more women are walking around with self defense products for protection.

But starting a business is not going to be free. You will have to purchase a Starter Kit for $99 (this price is subject to change). With your starter kit you will get…

  • Business cards
  • Catalogs
  • Guildes
  • Brochures
  • Order forms
  • Purse and some self defense tools

Basically it is a bundle of products and business materials to help get your DID business up off the ground.

DID products are not sold in stores. This is a direct sales business. Instead of having products sold in stores, they have a bunch of independent contractors, which will be you if you decide to join the business, running around selling products. They promote the use of in-home parties to sell products, although this is not the only way that it can be done.

Lots of direct sales businesses run off of in-home parties like this, particularly ones with a female market. You see this sort of thing with Pure Romance and Clever Container too.

In addition to selling products, you will also be able to make money by recruiting in others to join the business. This recruitment side to the business is what causes most of the controversy. People see this and start calling a pyramid scheme, a Ponzi scheme, etc. And although it is neither, there is a downside to this recruitment structure as you will see.

The Comp Plan

Below is a screenshot I took of the compensation plan as a whole. This gives you a nice visual of what is going on. Ranks, commissions, personal volume, team volume, group volume, downline bonuses, and more… What does this all mean? I’ll explain it below.

So at DID there are nine different ranks. The higher you move up the ranks the more of the compensation plan you unlock, which means more money, or potential money for you. The nine different ranks are as follows…

  • Recruit
  • Protoge
  • Junior Mentor
  • Mentor
  • Senior Mentor
  • Director
  • Crystal Director
  • Pearl Director
  • Diamond Director

So when you are first recruited in you will be at the rank of Recruit. At this level you will be making 25% commissions on sales and when you move up to the next rank you will be making 30% commissions. From then on you will stay making the 30% commissions with no room for improvement.

The point of moving up the ranks is to capitalize on the MLM, or multilevel marketing, structure. This multilevel structure allows you to earn commissions from people in your downline, a.k.a. your recruits, their recruits, their recruits, and so on.

Once you reach the rank of Junior Mentor you will be able to earn downline bonuses from level 1. If you move up to the next rank of Mentor you will then be able to earn downline bonuses from level 1 and level 2. If you move all the way up the ranks to that of Diamond Director you will be able to earn commissions down for levels, a separate team bonus, and down three generations.

Level 1 of your downline consists of the people that you directly recruited into the business; level 2 of the people that your personal recruits then went and recruited in; level 3 are the people that those people and recruited and, and so on. You can see how this has a pyramid -like structure that is nearby the top and branches out at the bottom.

The Problem That No One Really Tells You

MLM businesses like this have a lot of potential when it comes to making money. You will always find people that make extreme amounts of money and it can be very luring. However… They don’t work out nearly as well as you may think in this is what people don’t tell you.

Only a very small percentage of people involved in MLM businesses make good money, while the majority do not. And out of this very small percentage most of them usually employ some “scammy” marketing tactics to bring in new recruits, particularly when it comes to promoting the opportunity with misleading income claims. Truth In Advertising has a good article on this that I just read.

The reason so few people make money with MLM opportunities has to do with their basic structure. The pyramid -like structure gives people a lot of room to move up within the company, but the fact of the matter is that there will always be many more people at the bottom of the pyramid like structure that are struggling.

Commissions are being funneled up to those at the top. So that very small percentage of people at the top are reaping the rewards while those low on the pyramid are having potential earnings sucked away from them, making it more difficult to earn money. This is the reason that MLM’s always have very uneven income distributions. What you normally see is a very small percentage of distributors making the majority of the money.

I was not able to find an income disclosure for Damsel In Defense but based on what I have seen with other similarly structured MLM’s, I am assuming that most people in this business fail.

Good Opportunity or Not?

I’m not saying that you shouldn’t get involved, I just want you to know the reality of things. You are likely reading my review here because someone attempted to recruit you into the business and you thought things seemed a bit fishy. And guess what… I bet they did not tell you what I just told you about MLM’s. So just know what you’re getting involved with.

That said… Some people do excel with these types of business opportunities. If you are into throwing in-home parties to market the self defense products and think you have what it takes to recruit people into the business continuously, then this might be right up your alley.

And hey… Even if things don’t work out… Even if you join the business opportunity and fail… At least you have some good self defense products.

While I don’t care for MLM business opportunities in the least bit, I do like Damsel In Defense better than most others that I have looked into and reviewed. I just like what they stand for in the products that they sell.

Anyways… I hope you enjoyed my review and found at least somewhat helpful. Questions or comments? Please leave them below and I’ll get back to you as soon as I can 🙂

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Paid Survey Sites

My Survey Jobs Scam – Yes It Is a Scam People & I’ll Show You Why

My Survey Jobs Scam

My Survey Jobs is promoted as a way to earn easy money by taking paid surveys online, and a heck of a lot of it, but is it really? Can you really earn up to $500 per survey and $100 within two hours of joining? Or is My Survey Jobs just another stupid scam that is going to be a waste of your time?

If you are thinking about signing up for this site then you are definitely going to want to read my review here… I can guarantee that. Things are not as they appear… The opportunity that My Survey Jobs provides is not nearly as great as they tell you it is. Yes… You can make money taking paid surveys here, but not even close to as much as they lead you to believe.

In this review I’ll be going over the truth of the matter at hand and exposing My Survey Jobs for what it really is, which is a place you are definitely going to want to avoid.

My Survey Jobs Review

My Survey Jobs claims to be the “Most popular place online to earn cash and rewards for sharing your thoughts”. That it is quite a bold statement to make and made me suspicious right off the bat because I had never heard of this survey site before and I know that other sites like Swagbucks and FusionCash are extremely popular.

But anyways… If you are new to the whole paid surveys thing you first should know that this is a legitimate way to make money online. The reason sites like this pay people to take surveys is for the purpose of market research. Companies pay big money for survey sites to conduct research so that they can better improve their products and services. So the companies pay the survey sites and the survey sites pay people online to take the surveys.

Well… At least that is how legitimate paid survey sites work. But is My Survey Jobs really legitimate? The answer is NO and you will see why.

Another major red flag that I came across on the homepage was in the FAQ section where they claim that some surveys pay as much as $500 and most of them pay between $3 – $45. Now if this is not one of the most ridiculous claims I have ever heard then I don’t know what is. Up to $500 for a online survey!!?? Sign me up!

But seriously… I have tried and reviewed dozens upon dozens of different paid survey sites out there and none of them are even paying close to this much.

Another ridiculous part of this website is the fake income calculator or you can supposedly “calculate your potential earnings”. With this calculator you click on how many surveys you will be taking per day and how much cash you will earn per survey. It will then spit out some numbers for your weekly, monthly, and yearly income.

As you can see below, I selected that I will be taking 20 surveys per day and that I will be earning $75 per survey. With this amount entered I should be able to receive $547,500 per year. Over half $1 million just from taking paid surveys online? What a bunch of BS…

But anyways… Although I already knew this place was a scam, I decided to sign up to see what is really going on here.

My Experience After Signing Up

After signing up I was presented with a video that said I could make $100 right now. You can see a screenshot of this video below. This woman is actually a paid actress that is available for hire on the freelance marketplace called Fiverr. Not that it really matters or anything, but the name she gives you in the video is not real…

Not a big deal, just thought I’d point it out.

After watching the video presentation you are told that you need to set up three accounts in order to receive the highest paying surveys. The goal here is to make $100 in two hours or less, which is she claims is very possible as long as you sign up and create your accounts for the three survey providers given.

As you can imagine, this is a bunch of crap. The three survey providers that I was told to sign up for include…

    • Ipsos iSay

Survey Club

  • Survey Junkie

These are all legitimate paid survey sites and our nothing special by any means. They are all your typical “run-of-the-mill” survey sites that generally pay between $0.50 and $2.00 per survey. You certainly are not going to be able to make $100 in two hours or less by signing up for these three sites.

Also, you should know that I tried to create accounts at all of these three places and my anti-malware software blocked me from doing so due to spam and likely malware on the sites as being directed to.

It didn’t seem to really matter though. After attempting to create my accounts, I was still able to continue to the next step.

After Creating Your 3 Free Accounts

The next step was to create an account with InboxDollars, which they told me that I had been selected to work for. They also said that this place only opens their doors two times per year and that I was lucky.

However, I am very familiar with InboxDollars and have even written a review on this place. What they tell you is nothing more than a lie… As usual

Inside The Members Area

Once you are done with all of that you are finally directed to the members area. Once there you are presented with a video that goes over why it is so important to do exactly as they say if you want to make tons of money taking surveys.

Then… The next step two making all this money that they have been talking about includes signing up for 10 more survey sites. That’s right… 10 more survey sites!

As expected, they lead you to believe that you will be able to earn thousands of dollars per week on these different survey sites which is yet another lie…

How Much Money Can You Make?

The cold hard truth here is that you will not make much of any money doing as they tell you to do. All of the different survey sites that they refer you to our legitimate, but our nothing special.

The same goes as I said before… You will generally make between $0.50 and $2 per survey and much of the time you will make on the lower side because you will be disqualified from many of the surveys that you attempt. That just comes with the territory and is one of the reasons why paid surveys are not worth the time for most people.

You will not make $100 in two hours or less; you will definitely not make $500 for a single survey; heck… You won’t even make $3 – $45 per survey, which they tell you is what you will make on average.

It is all a lie ladies and gentlemen. But what is the point? Why would someone create a site like this in the first place?

What Is Really Going On Here?

The creators of this My Survey Jobs website or making money by referring people to join these other paid survey websites.

Paid survey websites, most of them, have referral programs where you can actually make money by getting other people to join. It is usually a very small amount of money, but it can add up especially when you are suckering people in by telling them lies of being able to make hundreds of dollars taking paid surveys.

That is the entire point of this website. They make money by tricking people into signing up for all of these different paid survey sites. This is the same thing that Survey Money Machines does.

Final Thoughts – Scam

My Survey Jobs is obviously a scam and a complete waste of time. If you do actually want to make money taking paid surveys online then go right to the source. Don’t bother with this stupid My Survey Jobs website. Go right to the survey sites directly increase your accounts. Don’t let the scammers behind this website earn money off of you.

That said… Paid survey sites are only something I recommend for people looking to earn pocket change in their spare time. This sort of opportunity is not something that you can make reliable or significant income from by any means.

If you are looking for a better opportunity to make money in your spare time then I would highly suggest taking a look at how I do so. I actually make a living working online and it is something that you very well might be interested in. I’m not going to get into it all here, but you can click the button below to learn what exactly I do and I’ll explain the best way to get started if interested…

Questions or comments? Please leave them below and I’ll get back to you as soon as I can 🙂

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Transcription

Is Transcription Certification Institute a Scam? – Don’t Take Their Course Until You Read This

Is Transcription Certification Institute a Scam

Transcription Certification Institute, or TCI for short, offers a certification transcription course that can supposedly help give you that boost to go out there and get a nice paying work at home transcription job. But is this course worth your time and the money? Or is Transcription Certification Institute a scam that is just going to leave you feeling discouraged at the end of the day?

In this review I’ll be going over what the company is all about, talking about the course offered, the internship that they provide, the overall cost, whether or not a course like this is even necessary, what other people who have taken the course say about it, and more.

Transcription Certification Institute Review

Transcription Certification Institute started back in 2008 and is based out of Irvine California. They started out completely different from what they are today and have evolved into this “Institute” where people looking get started in transcription can go to receive training and become certified.

The point of taking a certification course like this is to have the edge on your competition. There are hundreds of different transcription companies out there that you can work for, some are more for complete beginners and some pay better but require more in order to be hired on. You could potentially get hired by a company like Transcribe Me or Quicktate with zero experience whatsoever, but the goal here is to get a boost right out of the gate… To go for better paying opportunities initially.

The Course

The course is fairly lengthy and covers a wide range of topics. They suggest that you complete the course and no less than 21 days, although it could be completed faster if you were to put in the time. The speed at which you completed depends on the time you put in… You can do this at your own pace.

The equipment needed for the job, transcription tools, making your resume… These will be covered. And of course the transcribing itself is a big topic. You will learn about using Microsoft Word, grammar, punctuation, spelling and privacy guidelines among other things.

Ya… You could find all this information for free by using Google and watching videos on YouTube, but a course like this packs all the information in bundles that up for you in what is supposed to be an easy to follow layout (complaints on this, I’ll talk more about it later).

Throughout the course you will be given tests to make sure you are understanding everything and are able to perform the work. If you complete the course with an 80 or higher than you past and you get the digital certification of completion. This certification can then be attached to your resume.

Internship

After successfully completing the course you also have the opportunity to do an internship. This is not a requirement and you do not have to complete the internship in order to get the certification. You get the certification first and then you do the internship if you choose to.

TCI is partnered with different transcription companies and has agreements with them to give successful students internships. If you choose to do one of these you will have to work for free for up to five hours of recorded audio. Up to five hours… That’s it. Overall it is a pretty darn short internship but it also could potentially look really good on your resume.

In the agreement that TCI has with these companies, they are required to provide a letter of completion and act as a reference for the interns on future job applications.

An internship like this definitely is not something that is required but it sure could be a help and could give you that extra edge. It is one thing to take a course on transcription but it is another thing to actually go out in the field and do the work. Completing an internship like this is an easy way to get some real world experience.

The Cost

The cost of taking the course is a “low fee of $399″… Or at least that is what they tell you. Now whether or not you consider this price to be low is your own opinion… I know many people consider this to be pretty darn high.

One of the good things is that they do have a refund policy, however as far as I know there is no way to get a full refund. What they do is offer a 50% refund if you ask for one in writing before the 4th lesson.

Is a Certification Really Necessary?

Don’t feel like paying $399 and wondering if this certification courses even necessary?

Well the truth is that a course like this is not necessary. It is just one of the routes that you can take, but you don’t have to take it.

From what I have seen there are many different transcription companies out there that just want to see work experience as a transcriptionist. They don’t require any sort of certification, they just want applicants to have some experience so that they know you know what you’re doing.

I mentioned earlier, there are transcription companies out there, QuickTate being one of them, that you could consider very “entry-level”. They aren’t very nice paying but they do offer an easy way to get your foot in the door Inc. get that experience under your belt so that you can later go out and get a transcription job that pays better but requires experience.

What Other People Are Saying

Surprisingly there really isn’t all that much information out there online from other people who have tried this course. I don’t know why this is… Maybe this course just isn’t all that popular I guess.

But anyways… After doing something around I was able to find some complaints about the course that are worth mentioning. I have read about it being difficult to navigate, as in not providing a very smooth-flowing guide. I have read about the transcription software they give you having all sorts of problems. I’ve heard that the feedback you’re given on the transcription projects throughout the course is pretty vague and really doesn’t help you out, and a few other things.

Overall the course seems to be good but there definitely seems to be room for improvement.

What I Like Best About This Course

What I like best about what TCI is doing probably is how can they help you transition from a student to an actual paid transcriptionist. What I am talking about here is the internship.

Although not required, as I’ve mentioned, this is a great way to transition into the actual field. Not only will it give you real world experience that will make it easier for you to get accepted for transcription jobs, but from what I have heard many of the transcription companies that people intern for will actually offer them a position when their internship is completed. This is not something that is guaranteed but it does happen.

Another Alternative

There is another great transcriptionist a training course out there called Transcribe Anywhere. It is less “businessy” and more personal. It was created by a full-time transcriptionist who has been at it for years and is very successful.

The Transcribe Anywhere course is more lengthy and provides a lot more training than does the TCI course. Overall I would say that the course is better but the downside is that there is no internship offered after completion. The upside however, is that in the course there is a lot of training on actually going out there and getting a transcription job, so an internship isn’t as necessary either.

==> You Can Check Out This Course Here

Questions or comments? Just leave them below and I’ll get back to you soon. I hope you enjoyed my review and found it at least somewhat helpful 🙂

PS: Since you are looking for a work from home opportunity that is flexible, you also might want to take a look at how I went from $0 to over $6,000 per month working online.

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"Get Rich Quick", Easy Money Scams

Is ICO Money Maker a Scam or $5,000 a Week on Autopilot? – Exposed

ICO Money Maker Scam

ICO Money Maker is supposedly an incredible opportunity to make up to $5000 per week “hands-free”. But is it really? I have seen many similar softwares like this before that claim to run on complete autopilot and make you thousands of dollars but they usually turn out to be nasty scams. So is this the real deal or is ICO Money Maker just another stupid scam that is going to leave you with less money than when you started?

The truth is that this place is not what it is claimed to be. It is not the incredible software that is going to make you thousands of dollars without you doing any work. If you were thinking about buying into this you are going to want to take the time to read over my review and hear what I have to say. In short… Yes this place is a scam and I’ll be showing you why and how they scam you.

ICO Money Maker Review

When you land on the website for ICO Money Maker you are greeted with a video presentation that starts out with the spokesperson, who you later find out is named Tony Shaffer, telling you that you have been “chosen” to access this video as if you have been carefully hand selected to test out this software.

He tells you that he is going to show you the truth behind bitcoin and other cryptocurrencies, in particular ICO’s. One of the more bold claims that he makes is that this is “guaranteed to make you more money this year than you have in the past five years”…

But this is all a bunch of BS. Just think about it… How would a statement like this ever be accurate? This guy has no idea how much you make in the first place. At this point is is already really sounding like a scam, similar to Crypto Coin Sniper and Crypto Cash for Beginners.

But anyways… In the video presentation he goes on to show some charts of cryptocurrencies that have skyrocketed in price. He shows some that have increased by over 100,000% within one year and tells you that you can turn one dollar into $100,000 just like that… Super simple.

Supposedly this Tony Shaffer guy is a mathematician, programmer, hacker, and business owner. He says he along with a team developed some complex algorithm for this ICO Money Maker that trades at 97% accuracy. But of course this isn’t enough for him… He is looking to improve this and wants to put together a focus group to test it out, and of course you are one of the lucky picks.

How ICO Money Maker Supposedly Works

At first he tells you that the software exploits the blockchain technology and rakes in tons of money on autopilot. But of course this tells you absolutely nothing… Is just a bunch of very vague claims that doesn’t really tell you much of anything.

He then goes on to explain how it is all about ICO’s, which are called initial coin offerings. You see.. Every cryptocurrency, well most of them, start out at an ICO stage. This is when the cryptocurrency project is looking for funding for the project and allows initial investors to buy tokens. The tokens are purchased for very low prices and the people buying in are doing so with the hopes and dreams of the price skyrocketing later on so that they become rich.

There or lots of cryptocurrencies out there that are worth thousands of times more than they were in the ICO stage. So if you would have gotten an early, you would be very wealthy.

But anyways… He says that this software automatically buys and sells ICO tokens. It monitors thousands of ICO’s and buys and sells with 97% accuracy… All on complete autopilot of course.

However… This is all complete be asked and I’ll explain why it makes no sense at all.

Makes Absolutely No Sense

The software is supposedly all about ICO’s, in particular, it is about trading ICO’s… Buying them at very low prices and selling them at much higher prices. All sounds good, right?

Well what doesn’t make sense here is this: ICO’s aren’t available for trading yet. When cryptocurrencies are in the ICO stage you can’t buy and sell them whenever you want… It doesn’t work like that. You can buy them in the ICO stage but in order to sell them you will have to wait for them to hit cryptocurrency exchanges, such as Binance, Bittrex, KuCoin, etc. and guess what? This could take months.

This software is supposedly buying and selling these ICO’s in short periods of time… Which makes no sense. And of course he offers no explanation on how it is actually doing this. The reason for this is because there is no explanation… It simply cannot happen like he tells you.

Full Of Lies

The fact of the matter is that this ICO Money Maker place is full of lies. Pretty much everything they tell you is a lie.

If you look below the video presentation you will see a bunch of cryptocurrency exchange and cryptocurrency news outlet logos. They tell you that all of these places are partners with ICO Money Maker however this is not true at all. I could find absolutely no information whatsoever on any such partnerships and I can’t imagine any of these exchanges/news outlets ever partnering with a scam like this.

Tony Shaffer Is Likely a Fake

“Tony Shaffer”, as mentioned, is the guy that supposedly created the software. However, he is likely a complete fake. There was no information provided that I was able to verify for proof that this guy actually exists. As far as I am concerned, he is a fictitious character that was created just to promote this scam.

I see this sort of thing happening all the time with many other scams, so it is nothing that is out of the question. The real scammers behind this scam don’t want their names known so they create some character instead.

Typical Crypto Scam Characteristics

I have reviewed many automated cryptocurrency trading scams before and this has a lot of the common characteristics that I often see. I am talking about things like ridiculous income claims, no good explanation on how the software actually works, fake characters, and of course… What I will discuss below… How they actually scam you.

If you want, you can read my post about  spotting cryptocurrency scams for more information.

How They Scam You

You might be wondering how this place can possibly be a scam if it is free. The software is free to use so how are they going to scam you out of your money? Well if you noticed, the guy tells you that all you have to do is fund your account to get the software going in making profitable trades for you.

This is how they scam you… When you fund your account. What happens is you will be directed to deposit your money with a completely unregulated broker and the scammers behind ICO Money Maker will receive a commission for referring you there. This is how they get you. Once that money is deposited you likely will never see it again. Inside your trading account for ICO Money Maker they may make it appear as if you are actually making money, but when you go to try to withdraw that money you are in for a rude awakening.

It it is important to know that any sort of cryptocurrency trading software like this that requires you to deposit money to a broker is a scam. When it comes to cryptocurrency trading there is no need for a broker. I have used trading bots before and they should be able to hook up directly to the cryptocurrency exchanges, such as Bittrex, Binance, etc., via API. There is just no need for a broker and this is a sure sign of a scam.

Final Thoughts – Definite Scam

When I begin to review an opportunity like this I try to go in with somewhat of an open mind. I was pretty sure right off the bat that this was going to be a definite scam, but I still gave a chance and looked into it for any reason to be proven otherwise. All that I found was many more reasons that this is a scam. Everything that I see about this place points to it being such and because of this there is definitely no way I will recommend anyone buy into this… Of course unless you want to be scammed.

With the rising popularity of cryptocurrency there are a lot of these little cryptocurrency scams popping up everywhere so you really have to be careful. This is just one of many and there are definitely going to be many more to come. Proceed with caution when you come across something like this and always do your research before buying in or not.

Anyways… I hope you enjoyed my review here and found it helpful. Please leave any questions or comments below and I’ll get back to you as soon as I can 🙂

Also, if you’re looking to make money online as a beginner and don’t know where to get started, check out how I went from $0 to over $6,000 dollars per month working online.

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Funnel Sales System

Is Matthew Neer’s 5K Formula a Scam System? – What You Should Know

5K Formula scam

The 5K Formula is a system that was created by Matthew Neer that supposedly can make you $5000 on autopilot… For free. But can it really? I hear about systems like this all the time that are supposed to do amazing things, such as make you quick and easy money, but it seems that many more times than not they turn out to be complete busts. Is this the real deal or is the 5K Formula a scam that you should just avoid?

In this review I’ll be going over some important things that you should know about this system. No, it is not nearly as amazing as it is said to be and I’ll explain why I am saying this. Can you make money? Yes, you can… But there are some definite downsides to it.

5K Formula System Review

The system was created by Matthew Neer and he tells you that he makes $5000 on autopilot what that… For free, as I already mentioned. He doesn’t tell you what timeframe he makes this money in, but he does show you some screenshots to show him making thousands of dollars per day… Which I’m guessing is supposedly coming in from this one system.

The system is said to be “done for you” and he refers to it as a digital ATM. What you are told is that all you have to do is set up the system and it then runs on autopilot for months. Sounds incredible doesn’t it? But then again, doesn’t that sound a bit too good to be true? It does to me… especially with knowing that Matthew often puts out products that are over-hyped and not nearly as good as he claims, such as Viral Cash App and Viral Money Method.

I’m guessing that you probably do think that this system sounds too good to be true. You are reading my review right now for additional information so you’re probably skeptical of the whole thing, as you should be. Whenever things sound too good to be true they usually are… At least that is what I have learned from my experience in the online world and having reviewed hundreds of scams.

But anyways… Matthew says that he is letting people in on his system because it is mutually beneficial. He says that when you make money he also makes money and this leads to him really trying to help everyone make money because he gets a kickback.

How It Works

How it works is you get a copy of the system. It is one of the systems that you buy into looking to make money online and then you make money online by getting other people to buy into the same exact system.

The system consists of a sales funnel that is a series of up-sells and down-sells. You will make 100% commissions from the front end product, which is 5K Formula, and then you will make 50% commissions from all of the up-sells and down-sells afterward.

As you can see below, there are 8 different up-sells/down-sells after the initial product, all of which vary in price. It is the final up-cell that is going to be the biggest earner. This one is for $495…

You Are Sending People Into The Same Funnel You Just Got Sucked Into

The same funnel that you just got sucked into is what you are going to be sending other people into. Do you remember the sales page you landed on for 5K Formula? You know… The one where Matthew drives to the bank to take out $5000 in an attempt to prove that the system really works.

You will send them to the beginning of the sales funnel and then the rest is taking care of for you. They are then sent through the series of up-sells/down-sells that I just went over above. So if they buy and you will get 100% of that initial sale. At the time of me writing this review the price is $19.97, however I have seen this sold for around $9 in the past, so the price varies. And then of course after the initial sale you will get 50% of the other sales.

What you have to realize is that the same thing is happening to you and everyone else. When you buy into the system you are also sent through a series of up-sells/down-sells… The same thing I just went over above. Just as you are promoting the system in trying to make money off of other people, someone promoted it to you and sent you to the sales page.

Way More Difficult Than It Seems

Okay… So the sales funnel is in place, the products are in place… All you have to do is drive traffic to the offer. Sounds pretty easy doesn’t it?

It sounds easy but the fact of the matter is things are never as easy as they sound, at least not in many cases.

How are you going to drive traffic to this offer? He tells you that you are provided with different traffic sources in basically all you have to do is select what you want and that is that. One of the traffic sources your commands is a paid traffic form that requires a monthly subscription. You are also provided with classified ad postings so that you can make use of free advertising methods as well.

He gives you access to premade squeeze pages, banner ads, emails, and some other resources. This definitely makes it easier on you one promoting the system, but it is still going to be a much more difficult task than he leads you to believe.

If you have experience with online marketing or have a means to drive massive amounts of traffic, such as a large social media following or a popular website, then this is something you would no doubt make money with. But for most people looking into this, who are more than likely beginners, you will find out very fast that things are harder than they seem.

Not a Very Reliable Business Model

The system makes it very easy for you. You are provided with hosting and everything. This is great and all… But it makes you pretty much totally reliant on the system itself. The problem here is that if the system disappears, so does your income… And I see systems like this, and go all the time.

The easy way is and always the best way, and in this case it definitely is not the best way. You do not actually learn anything. You are just given the funnel system and provided with pre-made ads to run basically. I mean sure, you will learn a little bit about online marketing which you will be able to apply to other business ventures, but you really aren’t learning much at all.

And as I said, I see systems like this, and go all the time. It is a risky business to get involved with because you never know when these types of systems are going to vanish from the face of the earth. In fact, on the sales page a even gives you an “urgent warning” and says that “this page could vanish without notice”.

Now this is just a sneaky little marketing tactic that is designed to get people to buy into the system as fast as possible. It is a form of false scarcity that makes you believe you better buy in right now before this offer is gone. But what if there is some truth to this warning? In my opinion there is.

Final Thoughts – Thumbs Down

Overall this is not a system that I recommend. Not only do I not really care for “done for you” systems like this because they don’t actually teach you much and provide little value, but I can also guarantee you that a system like this is going to be much more difficult to sell than it may seem. It may seem like a piece of cake but the reality is going to be much different. Just think about it… You are reading my review right now because you are hesitant to buy into it and suspicious of the whole thing. A lot of people are going to be suspicious of a system like this because it sounds way too good to be true.

Also, something that I didn’t mention is that there is training that is apparently locked within the system and you actually have to make a certain number of sales before you can unlock this more advanced training.

Anyways… I hope you enjoyed my review and found it helpful. If you have your own review for 5K Formula I would love to hear it. What you think about it? Leave your comments below.

Recommendation for Beginners

If you are a beginner looking to make money online then I would suggest taking a look at this program. This is where I got started back in 2015 when I first started looking for ways to make money online. And I’m now making a living working online, which goes to show that it does work. The nice thing is that this program teaches you how to actually create your own sustainable online business rather than be totally reliant on some “done for you” system like 5K Formula. But anyways… You can click the button below to learn more;

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Legit Money Making Opportunities

K Money Mastery – Scam or Good Way To Make Money Online? [Review]

K Money Mastery Scam

K Money Mastery it is often promoted online as a way to make a six figure income on autopilot. But is this program really as great as people are saying it is or is it just going to leave you with less money and less time in the long run? Is K Money Mastery just another scam that you should be avoiding?

In this review I’ll be going over all you need to know before deciding whether or not this program is right for you. I’ll do a basic overview, go over the training, the work required, whether or not it is still a good way to make money online, the cost, what I like about it and more.

K Money Mastery Review

  • Website: Click Here!
  • Creator: Stefan James Pylarinos
  • Price $97
  • Recommended?: Yes

K Money Mastery is the creation of a guy named Stefan James Pylarinos. He has been in the online space for a while now and has a fairly popular YouTube channel as well as a popular website called projectlifemastery.com. Right off the bat I will tell you that I like this guy. He is not one of the many crooked salesmen that you often see in the online world. He puts out good products that he really puts his time and effort into creating.

That said… as with everything online, the promotional material used to market K Money Mastery (I’ll be calling it KMM for short) can be somewhat misleading. For example he tells you that you can get started making money with Kindle today, which is true… You can get started today… With the training. But you want be making any money today, that is for sure. There is also a lot of talk about being able to make money on autopilot, which is true…but again, this will take a good bit of work to actually get to that point.

But anyways, KMM is a good program overall. It is definitely no scam like Kindle Sniper. Right now the program is the 2.0 version, which is an updated version, and features 21 lessons total from start to finish. It takes you from knowing nothing at all about Kindle publishing to having your own Kindle book out there selling like wildfire… At least that is the plan.

The Training

The training consists of a bunch of video tutorials along with PDFs to accompany them. There are 21 lessons total and each builds on the last. It is a very thorough training guide that takes you through every step of the process… Overall very well laid out and easy to follow even for people who know absolutely nothing about this stuff when starting.

Just to give you an example of what you are looking at here, the first eight lessons include…

  • 1 – Finding A Profitable Niche
  • 2 – Keyword Research
  • 3 – Creating A Title That Sells
  • 4 – Design A Cover That Sells
  • 5 – Kindle Book Creation
  • 6 – Preparing Your Book For Publishing
  • 7 – Creating A KDP Account
  • 8 – Publishing Your Book On Kindle

And that is just a snippet of the training. There is a bunch more on everything from getting Amazon reviews and how to deal with the bad reviews, promoting your Kindle book on Twitter and Facebook, improving your rankings, scaling, and all sorts of stuff.

This training is by no means lacking.

The Work Required

Before actually buying into a program like this it is important to have an idea of the work involved to so that you don’t spend a bunch of time only to quit later on because it is too hard.

There is a fair amount of work involved in creating and publishing a Kindle book like this, along with getting reviews, promoting it, etc. However… don’t think that you are going to have to become an author. You don’t have to write a book for yourself and in the training Stefan goes over the process of hiring a ghostwriter and even provides templates that you can use for agreements.

He suggests that you outsource your first Kindle book and he also suggests 5000 words, which really is not all that much. If you really wanted to you could easily write a book of 5000 words in one day, provided that you have already done the research required.

Is This Still a Good Way to Make Money Online?

Publishing Kindle books can definitely still be a very profitable online business. That said… There is no doubt that it is getting more difficult to profit in this market due to increased competition. It seems that there are tons of people trying to put out Kindle books these days and this makes it a lot more difficult.

It is still definitely a legitimate and possible way to make money though.

KD Spy Tool

One thing that is nice about the KMM program is that you are also provided with some tools to help you out and increase your chances for success in this industry. One of the tools is the KD Spy Tool. This tool allows you to spy on your competition and see things like estimated sales, estimated revenue, price, length of book, and a few other metrics when it comes to other Kindle books that you are going to be possibly competing with.

The Cost

The price is a $97 one time charge, which I think is definitely a fair price considering what you are getting.

And if you are on the sales page and slide your mouse up to exit the page, a pop-up will appear that says you can try it out for only seven dollars as you can see year…

This $7 offer allows you to test it out for one week while only paying $7 and then go from there.

There is also a Full Disclosure Membership that costs $67 per month. This gives you access to training that is updated regularly and is something that you can purchase whenever you wish to, if you actually want to. You are by no means forced into this although there is a good chance you will end up buying into it. The Full Disclosure Membership provides additional training on related paths of revenue and gives you access to the Facebook mastermind group which is a very helpful and easy way to get support from other members who are also doing what you are doing.

What I Like About It

What I like most about K Money Mastery is the fact that it is actually a good quality product that people can actually use to potentially make good money selling Kindle books. Stefan is one of the better online marketers out there that really puts effort into making good quality products.

Also, what you learn from K Money Mastery is more than just publishing and selling Kindle books. You learn a lot of online marketing fundamentals that can carry over into many different forms of online marketing. Outsourcing, find a niche, keyword research… These are all things, just to name a few, that can be applied to various online business models.

Final Thoughts – Good Opportunity?

Have you ever wanted to publish your own Kindle book but just never knew where to start? Then this would be a good option for you. There are different routes you can take within the training. As I mentioned, it is suggested that you outsource your Kindle book writing to make it easier on yourself, but this is definitely not something that you absolutely have to do.

If you do end up buying into this program just make sure that you know this is definitely not for someone looking for an extremely easy route. Making money online legitimately always takes real work in real time… There is no way around this. If you are looking for a way to make a bunch of money super fast, then this is not for you. I know Stefan talks about being able to get started with this program and make money in a very short period of time, which may be he is able to do, but for the majority of people out there who have no experience at all, this is going to be extremely unrealistic.

>> Get K Money Mastery Here <<

So anyways… I hope you enjoyed my review and if you are interested in buying K Money Mastery you can click the link above.

Something else that you may want to consider if publishing books on Kindle is something you are unsure of is how I make a living online. Basically what I do is promote other people’s products online and earn commissions, which is called affiliate marketing. I got started doing this in 2015 and now make a living off of it. You can read about what exactly I do, how it all works, and how you can get started doing the same by clicking the button below:

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High Ticket Programs

Is Millionaire Mentors Alliance a Scam? – Yes It Is In My Opinion

Millionaire Mentors Alliance scam

Millionaire Mentors Alliance is promoted as being some “turn-key”, “ready-made” business that you can easily make tens of thousands of dollars was… But is it really? Is this place really the next big money making opportunity that you should be buying into right away or is Millionaire Mentors Alliance a scam that is just going to be a waste of your money and time?

The truth is that the information you are given is pretty darn misleading. As has become commonplace in the online world, opportunities like this are usually marketed in a way that is deceptive and leads you to believe that they are better than they really are.

Can you make money with this Millionaire Mentors Alliance system? Sure… You can. But will you? Will you recoup your initial investment? This is a whole different story.

Millionaire Mentors Alliance Review

Millionaire Mentors Alliance, found at MillionaireMentorsAlliance.net, is a high-ticket online business opportunity that is focused around people buying into the opportunity to make money online and then reselling that same opportunity to other people. In a way it is similiar to other high-ticket systems like Legendary Marketer and U-Economy.

There are a number of different product packages offered within Millionaire Mentors Alliance. These different product packages range in price from $500-$50,000 which obviously is a heck of a lot of money. With each package you get courses in cryptocurrency (I’m talking about things like bitcoin here) along with a bunch of online marketing stuff, such as training in advertising, email marketing, blogging, traffic generation, social media marketing, and even things like time management and self hypnosis.

But like I said, the main point here is to buy into the program and then make money by reselling it to other people. Maybe you are interested in learning about cryptocurrency and will find the cryptocurrency courses provided beneficial, but most people are buying in for the “turn-key” system in which they can use the online marketing training provided to resell this business to others and earn massive commissions.

As I said, the product packages range in price from $500-$50,000 as you can see below…

But when you buy into the system you will be paying more than just the price shown. You will also be paying in admin fee that varies depending on which package you purchase. The admin fee will go to Millionaire Mentors Alliance in the product package cost you have to send to your sponsor, a.k.a. the person that recruited you in.

How It All Works In a Nutshell

The way this “turn-key” business model is set up is so that you earn 100% commissions on the product packages. The Bronze Package costs $500 and if you recruit someone else in who buys the same package, they will pay you $500. The same goes for all the other packages… If you recruit someone in and they purchase the Platinum Package for $15,000, then you earn $15,000 in commission.

So the members who are reselling the packages get paid 100% of the commissions in the admin fee goes to Millionaire Mentors Alliance to keep the system running.

When you first buy in you will pay your sponsor via a cashiers check and the people that you recruit and will do the same to you.

The Compensation Plan

This system uses what is called a “1 up” commission structure. After you buy into the program at one of the different levels, you will be able to recruit others in and earn commissions. However, the first person that you recruit in… That sale will not go to you. Instead, that sale will be passed up to your sponsor, which as I said is the person that recruited you into the business.

After that you will be able to keep all of your sales for yourself.

These types of systems are a bomber in the beginning but you have to realize that everyone that you recruit in will be doing the same thing… They will all be passing their first sale up to you.

Is This A MLM?

They really be on the point that this is not a MLM… However I would say that the compensation plan is very similar to one. I know this doesn’t make much sense, but the way I see these “1 up” systems that basically like a MLM that isn’t technically a MLM.

There aren’t really multiple levels within the compensation plan, however there are sales getting passed up to you that, in a way, or getting passed up to you from multiple levels deep.

You Only Make The Sales You Are Qualified For

One thing that you should know about this place is that you only get paid as high as the level you are a part of. What I mean by this is that if you buy in at the Bronze Package level for only $500 and you recruit someone in that buys and at the Elite Package level for $25,000, you only get paid $500 in commissions. In order to get paid the $25,000 you would have had to be an Elite Package level member or higher.

What You Get When You Buy In

As I mentioned earlier, when you buy in you will get courses in cryptocurrency as well as online marketing training, self-improvement training and more. In addition to this, you also get your “turn-key” business as they call it.

You will get the following so that you can recruit people in and hopefully earn commissions…

Personal Website

Your personal website will be the same as the official Millionaire Mentors Alliance website. When you are recruiting people in you will send them to this website and when they buy in you will get credit for that.

You will send them to your website, they will watch the video presentation about how awesome and easy it is to make money with Millionaire Mentors Alliance and then they will buy in if they feel like it.

Autoresponder

This system also has a built-in autoresponder. The autoresponder will give you the ability to send out automated emails to all of your leads or recruits in your downline at once. Autoresponder is are very important when it comes to pretty much any online business, so this is nice to see and definitely helpful.

Tracking Software

They also provide tracking software so that you can see how everything is going and make necessary adjustments to your strategies.

Call Center

You probably already know, because you have looked into Millionaire Mentors Alliance, but they have a call center that helps close sales.

They Make It Sound So Easy

Super easy right? Well I can guarantee you it is much more difficult than it may seem.

In the one video presentation they tell you that you could be earning $10,500 a month and they claim that this is a conservative estimate, you could really be earning much more than that. All you do is advertise the system, people join, and you make tons of money… Super easy.

However, it is not that easy and if you buy in believing that it will be this easy than you are in for a rude awakening. I see high ticket systems like this all the time and they are very difficult to make money with.

Just as you are now, people are hesitant to buy into systems like this. It is going to be a hard sell for sure.

Is It Really Worth The Price?

The answer is NO, and if anyone tells you otherwise they are a liar.

The cheapest package, which is the bronze package, sells for $500 and the most expensive package, which is the Empire package, sells for $50,000. And of course that is not including the admin fees that you would also have to pay if you are buying in.

These product packages aren’t even worth a fraction of what they are being sold for. The reason they are so expensive is because the prices are jacked up for the sake of members being able to resell them and earn massive commissions. The business opportunity is what is really being sold here and that is why the prices are inflated so much… To make the business opportunity sound more appealing. I mean who wouldn’t want to earn $50,000 on a single sale? I sure would.

The bottom line is that the underlying value for these packages is not even close to the prices.

It’s A Dangerous Game

Still thinking about joining this place? Well let me tell you that is a dangerous game. The FTC has been on a roll lately and has been shutting down high ticket programs similar to this, such as MOBE and Digital Altitude.

Just think about buying into this place for thousands of dollars in then it getting shut down… With no way for you to recoup your money. Now that would suck in that isn’t out of the question. It is definitely something that I could see becoming a reality if this starts to really grow in popularity.

Usually the FTC doesn’t step in until programs like this are widespread. Whenever they are just starting out the FTC doesn’t have time to crack down on them. They are too busy with more important things.

Something Else Worth Mentioning…Strange

Something else that I think is worth bringing to your attention is this Facebook post I found from Millionaire Mentors Alliance. When MOBE got shut down they were offering past MOBE members a free spot near the level they were at in MOBE…

Why would they be doing this? I am guessing that the creators of this program have ties to MOBE. They were probably involved.

But anyways… I’m not sure if this offer is still going on or not.

Final Thoughts – Good Opportunity to Make Massive Commissions or Not?

You can definitely make money with systems like this, but is it really worth it?

Not only is it pretty risky to get involved in something like this, but it is also much more difficult than it seems. I have been involved in online marketing since 2015 and I can guarantee you that selling people on a business opportunity like this is going to be quite a challenge. I’m not saying it can’t be done… I’m just saying that it will be difficult… Very difficult.

And besides all that, in opportunity like this is just out of the question for many people out there that are on a budget. For something like this you have to be willing to spend tons of money beforehand with the hopes and dreams of recouping that money. Remember how I said you have to buy into the product package level before you can receive commissions for that level? This is what I am talking about. If you want to receive commissions of $50,000 when people buy into the elite level, you will first have to spend $50,000 plus the administrative fee to buy into that level.

A Much More Afforable Option… And Legitimate

If you are looking for an affordable and legitimate way to make money online, I would suggest taking a look at this program. This is where I got started back when I first started looking for ways to make money online in 2015 and I have been a member ever since. It is 100x more affordable and took me from earning $0 to over $6000 a month, which goes to show that it does work.

Questions or comments? Please leave them below and I’ll get back to you as soon as I can 🙂

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