Are you curious to know if PassportToWealth is a legitimate
business opportunity? What follows is an unbiased look at
what the program has to offer you.
A) Income Online
PassportToWealth was launched in February of 2007. The
company was founded by internet marketer Darren Gaudry with
the intent of offering products related to online business.
With over 6 million people per month looking to start a
home business, Gaudry has attempted to offer an opportunity
for people to both work from home and find financial
freedom.
B) The Required Money
The PassportToWealth product line is comprised of many
different software titles on internet marketing.
Basically, it's just a large lot of digital e-book
downloads. If you like to read then the products might be
good for you.
What kind of investment is required to start?
* $997
This covers the products that you will receive.
PassportToWealth does not offer refunds. This is one of
the problems with a company that offers so many digital
downloads. The potential prospect doesn't really have a
chance to take a look at the products before deciding to
stay or not. The $997 is a kind of "no looking back"
investment.
On top of the initial startup cost, keep in mind you will
need to advertise. In your first month, you can expect to
spend anywhere from $75-$350 in advertising costs.
C) The Compensation Plan
The money you'll make will come from reselling the same
products you purchased to others.
How much profit exactly?
* $997 commission per sale
The main disadvantage is the payment plan.
PassportToWealth uses an Australian 2-up compensation plan.
This means you will have to pass up your first two sales
to your sponsor.
The company claims that this passing up of money is exactly
what will motivate your sponsor to help you succeed. While
this may hold true for a while, after you've passed up near
$2000 to your sponsor, he or she no longer has any
motivation to continue helping you.
It is entirely possible that you could be left in the dust
with no support.
By far, the most difficult sales to make are always the
first one or two. Having to give up your hard earned money
can be a demoralizing blow, and one which convinces many
people to quit their business immediately thereafter.
The PassportToWealth payment structure doesn't encourage an
environment of teamwork. As a result, finding a mentor
that is motivated to stick with you might prove difficult.
Conclusion
The PassportToWealth income opportunity is not a scam but
you do need to work at it to make good money, as with most
everything. Rest assured, with the millions of people
looking to work from home every month, the company products
do have some demand out there.
Ultimately, you will need to decide if this opportunity is
the right one for you.
----------------------------------------------------
Nathan Haley is a top internet marketer who specializes in
helping others to generate a 6-figure income working from
home. To find out how to take control of your financial
situation and earn great wealth online, visit
http://www.liquidwealthonline.com
or email Nathan at seahawkmarketing@gmail.com
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