Sunday, January 16, 2011

Passport to Wealth Business Scam Review - Is it Real Or a Scam?

If you've been searching the internet for home based business opportunities or a way to make money online, you're more than likely to have found Passport to Wealth, one of the many network marketing opportunities online. I found Passport in a search online, filled in my contact information, and waited to hear back. I was contacted by a true gentleman, Mike. Mike was very informative about Passport to Wealth as well as internet marketing in general, as I said, a real gentleman.

What are you selling?

Mike explained that as a "member" you receive the opportunity to download countless digital products, most having to do with internet marketing, ebooks, tutorials, etc. You also have a license to resell the products which I believe is a tremendous idea. This all sounded very interesting, so I took the next step and went to a "business overview" call to find out more.

The call was somewhat standard from my experience, a "leader" starts the call by reading pretty much from a script, then there are testimonials, then a short period of Q & A. It was said that the products had actually been valued at $75,000. WOW! and I can be a member, and have a license to resell this valuable package or any of the products individually, and I only pay $997.00 to join. This sounded fair, so now the really important question . . .

How do I get Paid?

This is where I began to hesitate. Passport to Wealth uses the "Australian 2-up" business model. For those of you who are unfamiliar with this model, it simply means that once you join, you pass your first two "training sales" up to your sponsor. The theory is that once you've done this, you will be receiving compensation for the first two "training sales" of everyone that you sponsor.

Having come from another "Australian 2-up" and been , what I felt was, abandoned by my sponsor, I chose not to join Passport to Wealth. I guess my biggest question was why should I give up $1,994.00 in compensation which I earn? Even though I might learn some marketing techniques from my mentor, I'm the one putting in all of the effort.

And in Conclusion

Even though I feel that Passport to Wealth is a real opportunity with real products to go along with the business opportunity, I chose not to join. Having been involved with another program which was structured as an "Australian 2-up" I've learned my lesson. First, as you can probably imagine, the major effort comes in the beginning of an online business opportunity, you must first build momentum. Then you make your first couple of sales and "pass-up" almost $2,000.00 to your sponsor. And finally, now your sponsor has no vested interest in helping you, in fact, you are now in direct competition.

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