Top MLM Scams: How to Lose Money Online

There’s something happening every day on the internet, and most of you are probably catching wind of it and that’s why you’re here. I am going to outline for you exactly what an Multi-Level Marketing (MLM) scheme is and explain to you exactly how these rotten people are scamming you out of your hard earned money.

What is an MLM?

An MLM is a style of marketing scheme that has been around on the internet for years. It essentially consists of a product or products that you market to the public online. The catch is…YOU have to buy the product before you can actually make commission.

Next, you can “scale up” your “business” by buying more and more expensive items on the scale. Anyone who buys product underneath you or falls into your downline then becomes the person you make commission on. (Sound like a classic illegal Pyramid Scheme yet?)

More often than not, these products are absolutely useless, and are filled with more promises that these companies cannot keep. Hence the reason they are all in huge lawsuits with each other and regular people like yourself.

Now when people first start to research how they can generate revenue online, they usually stumble across one or two of these so called “systems” or “courses”.

Most of these people will be “self-proclaimed millionaires”. They will promise you the world in a month, tell you you’ll be rich and cruising the California coastline in your McLaren, sailing the high seas on your yacht, and living in a mansion with a giant heated swimming pool.

The fact of the matter is, THEY will STAY rich, and YOU will become POOR.

Top MLM Scam On The Market

Alright, I’m going to be honest here, the guys over at Digital Altitude almost got me with their Aspire Program. Now while I can’t give you specific details on their product or how it works, I can tell you that after a few Google Searches you’re going to find out all about their lawsuits.

Matter of fact, here is a direct link to the document transcripts that describe it.

How They Suck You In…

Only a photo of one of NASA’s spectacular black hole discoveries could explain to you how good these people are at selling you on BS.

I’m telling you, they are relentless and will do anything they can to keep you around for as long as possible. Here’s how they waste your time:

  • First, whoever caught your attention and sent you over to that link probably was boasting about all of their money and success. You probably thought “Oh I want some money and success” and shot on over to their fancy little link and then BOOM!
  • Promises on promises. The first thing you see on their website is bullshit testimonials from their top 5 people or a couple dudes on the street they paid $20 to do up a video in a Lambo they provided. Show me 500 true testimonials and then we can talk.
  • Then they give you personal mentors to sell you product and tell you exactly how to take out loans (for how to be an entrepreneur with no money click here) that you can “pay back easily with just a couple sales”. These guys are the real boiler room pump and dump style guys that have credentials and unethically take your money.
  • Last they push you through multiple training videos that really are just meant to tell you why their product is so fantastic and you should buy it.
  • In the end they almost do anything they can to keep you around. They spin every question you ask into some weird explanation that makes absolutely no sense and relate it back to you not having the proper mindset to pursue wealth.

The Product You Are Buying Into Is Not Cheap…

This is how they really get you. These MLM schemes decide to sell you products that cost upwards of $2,000 and range all the way up to $30,000.

Imagine… if you spent $30,000 on advertisement for your business, do you think you would gain any success or sales from this ad campaign? Let me tell you, if I spent that on traffic to my website here, I know for a fact I would see profit from that campaign. Even at a very low conversion rate.

Instead, these companies have you spending $30,000 on “training” that you can get for free all over the internet or on YouTube. Simply Google Digital Marketing Courses and I’m sure you’ll find all that you need.

So How Do You NOT Get Scammed Online?

Let me tell you about the other side of things, the side of digital marketing and true affiliate programs vs. MLM schemes.

  • No Downlines
  • No Forced Product Purchases
  • No Boiler Room Salesmen

 

  • Real Community With Thousands of People Willing to Help
  • Coursework Provided for FREE
  • FREE Website and Domain Hosting To Get You Started

If you want to understand how to make money on the internet the ethical and smart way, check out my review of Wealthy Affiliate. Here You will learn exactly what it means to generate revenue on the internet. You won’t be scammed out of your hard earned cash.

As always please leave comments if you have experienced any sort of MLM Scam or want to know more about how I make my money online the clean, ethical way.

 

 

Wealthy Affiliate Review 2017: My Honest Opinion

Introduction

Product: Wealthy Affiliate

Rank: 4.8/5.0 Stars

Price: $0 with standard starter membership, $49 monthly for Premium

Owners: Kyle & Carson

Read REAL TESTIMONIALS from REAL MEMBERS.

What is Wealthy Affiliate?

Wealthy Affiliate is an online digital marketing program and community. Within Wealthy Affiliate you have the ability to learn everything there is to know about online marketing. Wealthy Affiliate provides domain hosting and website setup as well as instructional courses on the development of a website or scaling of a successful online business. They have since become the most reputable online marketing training system and affiliate program in this field.

Their community is supported by over one hundred thousand members and is filled with individuals who interact regularly in order to create a very genuine, helpful experience. There are discussion threads, comment sections, and live chat threads that allow you to receive all the help you need almost immediately relating to any topic about online business.

Pros/Cons

Pros:

  • Access to online marketing experts 24 hours a day 7 days a week.
  • Access to a wide variety training courses on any topic imaginable
  • Access to discussion threads with consistent interaction
  • 2 FREE hosted domains with SiteRubix
  • Up to 50 unique domains hosted for Premium Members
  • Absolutely FREE access to initial training courses and community members
  • Affiliate program option with commission based income
  • No HTML/CSS/Java programming knowledge necessary
  • Kyle and Carson (owners) will personally help you with hiccups

Cons:

  • Can be slightly overwhelming until you understand things
  • The site is a little bit busy when everyone is on so Live Chat may not be immediate response
  • Only Premium Members receive unlimited access to the affiliate marketing bootcamp course (which is extremely beneficial to your success)
  • 2 FREE website have a DOMAINNAME.siterubix.com rather than your custom domain name

Who should use Wealthy Affiliate?

Any individual looking for advice on how to create an online business, how to make money online, how to grow or scale a business online, or how to become an affiliate marketer. Affiliate marketing applies to Amazon and many other sites as well.

Individuals who want to learn, become part of a tight knit, helpful community are those who really flourish within Wealthy Affiliate. Through Wealthy Affiliates extremely comprehensive online course work the program reduces your online learning curve substantially.

Those with goals of creating passive income online, or creating secondary forms of income in general would be interested in Wealthy Affiliate.

Anyone with a drive or passion towards success in an online marketplace.

Training & Tools Offered:

  • Comprehensive online introductory entrepreneur coursework.
  • Affiliate bootcamp
  • Unlimited access to classrooms specifically related to a wide variety digital marketing topics
  • 2 FREE domains hosted through SiteRubix
  • 50 unique/personal domains hosted through SiteRubix (example, this site)
  • Integrated site builder for ease of website design (No code required)
  • A large variety of themes to choose from for websites in addition to direct instructions on how to build your site
  • Traffic generating instructions
  • Statistics trackers

Support System:

Wealthy Affiliate is home to a very supportive community of entrepreneurs with tons of experience and insight to offer. People who use the Wealthy Affiliate site range from new internet marketers to some of the most seasoned veterans out there, the reason? Quality.

Many within the Wealthy Affiliate network are generating thousands of dollars of passive income a month and they will explain to you exactly how they got there, how long they have to work to make money in online digital marketing, and the amount of time and effort it takes to be successful.

Mentorship is also directly available through the sites owners Kyle and Carson who are long time pioneers in the field and show you exactly how to be successful in this market.

Pricing:

Absolutely free. No credit card down as I’ve seen on many websites planning to scam you out of your hard earned cash. You can sign up risk free and get access to all of the free content you wish.

$49 monthly for premium allowing access to the affiliate bootcamp, double commissions, and extended trainings in particular areas regarding affiliate marketing specifically. This along with the 50 unique domains hosted makes this an unbeatable value.

Closing Thoughts:

Why would you not try out Wealthy Affiliate? It’s free, you gain access to an unfathomable amount of educational resources, you have a supportive community surrounding you. Digital marketing is easy to learn with this system and your bases are covered A to Z. Personally, I don’t think you’ll find a better deal out there for all the access you receive with Wealthy Affiliate.

I encourage you to at least check it out and form your own ideas!

Click the photo above and sign up for FREE. Don’t forget to drop a comment below and let me know how you feel about Wealthy Affiliate. If this product has worked out for you, or not worked out for you I’d love to hear what you think.

LIMITED TIME BONUS:

If you sign up for a Premium Membership within your first 7 days you will have access to me as your personal coach via Skype and Private Message through Wealthy Affiliate.

In addition, your affiliate bonuses will increase immediately by 100%!

What are you waiting for?! Click the photo above or the banner on the side of this page or jump directly to my profile here.