Forward by Fred: I have a habit of not bashing other programs even though I know or strongly suspect they are destined to fail. That said, this writeup forwarded by my buddy Ken is a good summary of “Bad” programs/businesses that you need to be aware of.
Fred
Original article by Cynthia Howard
INTRODUCTION by Ken
I am sending this out because it looks like Cynthia knows her stuff. Hope this information will keep your ship off the sandbars.
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Here are some programs which I don’t recommend. I don’t generally recommend any HYIP programs because they are usually pure Ponzi schemes which only pay out those who get in early and know how to play the game. They know enough to get their principal out first and then play with any profits.
I don’t generally recommend Paid to Surf programs as a source of income. However, they can be great for getting traffic to your website. You should consider any money you make to be a nice bonus. These programs come and go like the wind, most times taking lots of members’ funds with them! NOTE: if you DO decide to join one of these programs, make sure to only spend what you can afford to lose, and get your seed money out as soon as possible.
I don’t recommend any program which uses a Straight-line Matrix because they ALWAYS stall out eventually, leaving the late-comers high and dry.
I don’t recommend any program which uses the Powerline Recruiting System because it is very deceptive.
I don’t generally like Cyclers because you usually don’t make any money until your matrix is full, meaning that YOU will have to find all 6 people yourself. WHY? Because nine times out of 10, your recruits won’t do anything. Don’t ask me why…that’s just the way it is. And most of the time you will end up with a stalled cycler. Now, a cycler isn’t always bad, as long as you get something for your initial purchase. But, most of the time you don’t get anything of any real value until you complete a cycle, which means you’ve wasted your money.
Here are some of the programs which I have joined in the past or which I have reviewed, and which I don’t recommend. There are MANY more, and in time I will list them as well, so make sure you bookmark this website now. In addition, please read my Gripe Blog for more info.
Clickbank Pirate / CB Pirate – (NOT RECOMMENDED)
I joined this program because I like some of the other sites the owners have been involved with in the past, but I quickly lost my interest when I realized the main shortcoming of this program. The problem here is that you will be building a list for the owners of this program and not yourself. This is a HUGE “no no” and that’s why I cannot recommend this program. Furthermore, it is IMPOSSIBLE to get a refund here. I have been trying for over a month to no avail.
TVI Express – (NOT RECOMMENDED)
I did not join this program, and here’s why…Been There, Done That, Got the T-Shirt! This program is just a Cycler on Gifting Boards, making it next to impossible for the average person to ever cycle out the top. Yes, a few will have success, but most will fail and the program will bite the dust before too long.
Success University – (NOT RECOMMENDED)
The comp plan is too hard to understand and you have to balance legs. There is a startup fee of $150, and the monthly fee is $50. People drop out like flies because they can never get to the break even point.
WebProsperity – (NOT RECOMMENDED)
Too much hype, not enough meat! The products are not at all impressive to me, and you will not get enough spillover to pay your monthly fees.
StealthMoneyMaker – (NOT RECOMMENDED)
UPDATE: the URL (stealthmoneymaker.com) now leads to a program called Process at Home, run by a woman who calls herself Angel Stevens. I have done some research on this program, and I DO NOT recommend you join it.
StealthMoneyMaker is owned by a guy who calls himself Alan Humphreys, for now anyway. Another program called Income4Beginners was owned by a guy who called himself Jon Davies. Income4Beginners suddenly went offline with no warning or message from Jon Davies, and all sites started pointing to StealthMoneyMaker. Alan Humphreys denies knowing anything about Income4Beginners, but he’s not telling the truth. The two programs are almost identical, right down to the Terms of Service. Alan and Jon are most likely one and the same person, and that person is less than honest at the very least.
LawnChair Millionaire – (NOT RECOMMENDED)
The only people making money here are those who can recruit tons of new members. However, according to the website you can make $2,750 per WEEK doing almost nothing at all. This is total bull.
PushButtonExtreme – - (NOT RECOMMENDED)
Sister to LawnChair Millionaire. Same BULL, New Program. I’m sure there will be new one next year! Again, the ONLY people making money here are the BIG promoters at the top. You can bet they got in line way before us peons ever heard of it. The MATH is Impossible on this, and it’s just deceitful to make people think they will make any money by simply “getting in line.” Not Going to Happen.
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Gifting Programs – (NOT RECOMMENDED)
What’s wrong with Gifting Programs? Well, for starters, they are illegal. Of course, the owners and promoters will try to tell you that they are legal, because there’s no law against giving away money. That’s true. It is legal to give a cash gift to someone. Duh, we all know that. However, the IRS definition of Giving a Gift is intended for giving a gift to family members, friends, or even a charity, with NO expectation of EVER receiving anything in return. It is surely not meant for Organized Cash Gifting, where people are giving a monetary gift with the SOLE expectation of receiving it back ten fold! Heck, that’s not even true gifting at all! Another thing I don’t like about Gifting is that you do not receive anything of value for your money. Therefore, if you never make your “gift” back (what an oxymoron), which you most likely won’t, then you just wasted your money. Unfortunately, many are using Gifting as a way to avoid paying taxes on income, and this is going to cause the government to intercede at some point and shut many of these programs down.
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Canadian Diamond Traders (NOT RECOMMENDED)
This program/opportunity was a huge disappointment. For starters, my sponsor was off onto another program within a week of my joining! After I found out this little piece of info, he informed me of all of the things he didn’t like about CDT. Ok, I know…that’s not the fault of the company. Well, maybe not, but I soon found lots of things not to like about it. Most importantly, the Comp Plan is the same as lots of the Gifting Programs out on the net. Basically, it’s a Board that splits every time the bottom level fills up. Therefore, chances are that you will join, and soon after your sponsor will be onto another board, leaving you behind! As experienced as I was when I joined this program, I didn’t see it coming, and nobody told me it would be coming. Not only that, but I brought in a few people BEFORE I really understood how it worked. NONE of those people have cycled, or even moved up the board for that matter, and it’s been two years now! Don’t join this program unless you want to recruit 32 people all by yourself!
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ProWealthSolutions (NOT RECOMMENDED)
The reason I can’t recommend this program is because of the Marketing System they use to recruit people. It’s called the Powerline System, and it is VERY deceiving to say the least. Actually, I can’t recommend any program that uses the Powerline Recruiting System and I refuse to promote any program which uses it.
Fred here: Now, of COURSE there are good programs. THOSE are the ones I work with. One main company, Oxyfresh with support programs to help build it.
Fred Raley
Woodbridge, VA
703 203 4648
FredRaley@GMail.com
OxyFresh for Life
