Wednesday, June 4, 2008

Passport to Wealth Review

Passport to Wealth Review
Passport to Wealth promotes it system by claiming you can
make unbelievably large amounts of money while putting in
very little time and effort. Such claims are common among
home-based wealth creation systems. But taking a closer
look at the program after cutting through the marketing
hype is crucial if you are seriously considering it as an
option. As with every opportunity, there are two sides to
the coin.

Attractions of Passport to Wealth

- 100% commission when you are qualified as a director and
sell the $997 system.

- 100% commission on the electronic materials you un-bundle
from the system and sell at your own prices.

- Turnkey system uses the internet instead of you to sell
the products. It makes your sales automatically, and
directs the money to you.

Disadvantages

- As a 2-up system, you have to pass up the commissions on
your first two sales. To recoup that money will mean that
you will have to recruit people under you to pass their
first sales up to you.

-When you sell the system, the people under you become your
new competition, selling the same products, in the same
ways.

-While the marketing tactics are smooth, the mentions of
"wealth" and "passive income" are typical claims of these
kinds of business systems. People who have been around the
internet for a while are likely to be skeptical of anything
that sounds "too good to be true." Thus you may have
difficulty selling a $997 package to people who are
suspicious of these kinds of opportunities.

Implications for Different Types of People

Internet users can be put into three groups. First, there
are skeptics, who are suspicious and cynical about most of
the home business opportunities that they come across.
They tend to view almost any 1-up, 2-up, or MLM business
model as somewhat of a scam, with a low likelihood of
success akin to gambling in a casino. In the next group
are believers, who have the opposite opinion that almost
anyone can succeed at these kinds of home businesses if
they find the right opportunity. These folks may be
hopeful entrepreneurs who are just considering these kinds
of opportunities, or they may be people who are
successfully involved in work-at-home businesses. The last
group of people we could call outsiders, who are largely
unaware of how the internet and home business might be able
to mesh. With this group of internet users, the internet
is just a means of getting information and perhaps ordering
a product every now and then.

Which group do you fall into? If it is the first group, you
will probably pass on this program, with all its
over-the-top claims. If you are a hopeful person, dreaming
of online success, you might want to pursue this
opportunity further, provided you have sufficient funds in
case you decide to join the program. Those in the last
category will either remain ignorant, become intrigued if
they happen to come across this kind of opportunity, or
fall into the first category of skeptic. These three
categories of people will always be around online, and
you'll have to decide how you will deal with them—by
marketing to them, taking them seriously, or just leaving
them alone—when and if you decide to market a
business online.


----------------------------------------------------
Jayne Manziel is a successful Entrepreneur coach and has
helped hundred's of people build their business for over 20
years. She devotes the time, energy, and effort into her
team and mentors them to ensure their success. To learn
more visit Jayne's Making Money Online website at
http://www.locatingwealth.com . A proven leader, she offers
a Sales and Marketing Strategy for all of her team members
in achieving financial success.

No comments: