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Passporttowealth Business Review - Scam or the Real Deal?

Author: Nathan Haley Author Ranking Blue | Posted: 07-03-2008 | Comments: 0 | Views: 20 | Rating:  (60) Article Popularity - Blue (?) Got a Question? Ask.
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Nathan Haley

Are you looking for more information on PassportToWealth? Here is an unbiased look at the facts surrounding the opportunity.

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 well over 6 million potential entrepreneurs every month looking to work from home, Gaudry has made an effort to create an opportunity for people to both work out of the confines of their own home and find financial prosperity.

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 reading is your thing and you enjoy it, the products could be a good fit 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 a common problem with companies that promote a large number of 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 definitely possible that you could be left with no support fairly quickly.

To be sure, the most challenging sales to make are the first few. 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 plan does little to encourage people working together as teams in order to benefit each other for as long as possible. As a result, discovering a mentor that is highly motivated to provide you with guidance when you need it most 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. Don't worry, with so many millions of potential entrepreneurs searching out work from home opportunities every month, there is a demand and a marketplace for the company products.

Ultimately, you will need to decide if this opportunity is the right one for you.

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About the Author:

For information on how to take control of your financial situation and earn great wealth online, visit Perfect Wealth Formula - Nathan Haley is an industry leading internet marketer and Founding Partner of Seahawk Marketing Group. His mission is to help others learn to generate a 6-figure income working from home. You may contact him at seahawkmarketing@gmail.com

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